| Return Reference | Explanation |
|---|---|
| Form 990, Header, Line A | The Alpha Lambda Chapter was granted tax-exempt status effective 01/05/2024; consequently, the TY23 Form 990 represents the initial Form 990 since gaining tax-exempt status. In addition, the TY23 Form 990 represents only the tax-exempt period (Jan 24 - Jun 24) during the fiscal 12 month reporting period. |
| Form 990, Part VI, Section A, Line 7a | Alpha Lambda Chapter members have the ability to elect members to the governing body. |
| Form 990, Part VI, Section A, Line 7b | Other Persons: In order to change Chapter governing documents or operating policies, proposed changes go to the full Chapter membership for approval. |
| Form 990, Part VI, Section B, Line 11b | The tax Form 990 is being prepared by a Certified Public Accountant (CPA) in conjunction with the Treasurer of the fraternity. Once completed, the Treasurer will review with selected members of the governing body. |
| Form 990, Part VI, Section C, Line 19 | No documents available to the public. |
| Form 990, Part X, Line 1 | Cash (checking) balance at the beginning of the tax-exempt reporting period: January 1, 2024. |
| Form 990, Part X, Line 2 | Savings balance at the beginning of the tax-exempt reporting period: January 1, 2024. |
| Software ID: | 23018249 |
| Software Version: | v1.00 |