Nonprofit · EIN 03-0188730
LAMBDA IOTA SOCIETY INC DBA LAMBDA IOTA FRATERNITY
Tax-exempt · COLCHESTER, VT 05446
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $309,209 | $307,175 | $2,034 | $1,207,619 | $1,583,747 | -$376,128 |
| June 30, 2024 | 990 | $287,598 | $260,364 | $27,234 | $1,253,477 | $1,631,639 | -$378,162 |
| June 30, 2023 | 990 | $232,530 | $252,489 | -$19,959 | $1,275,548 | $1,680,944 | -$405,396 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $34,336
- Program service revenue
- $274,873
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $35
- Occupancy
- $28,117
- Depreciation
- $46,423
- Program services (functional)
- $289,938
- Management and general (functional)
- $17,237
Balance sheet and other
- Total assets, start of year
- $1,253,477
- Total assets, end of year
- $1,207,619
- Total liabilities, end of year
- $1,583,747
- Net assets, end of year
- -$376,128
- Land, buildings and equipment
- $1,180,207
- Gross receipts
- $309,209
- Employees
- 0
- Year formed
- 1836
- State of legal domicile
- VT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOEL SODANO | COMMUNICATIONS DIR Trustee or director | 15 | $0 |
| CHRISTOPHER GOOKIN | CHARIMANPRES Officer | 4 | $0 |
| SPENCER BAKER | TREASURER Officer | 20 | $0 |
| JOHN WAGER | SECRETARY Officer | 6 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOEL SODANO | COMMUNICATIONS DIR Trustee or director | 10 | $0 |
| JOHN WAGER | SECRETARY Officer | 6 | $0 |
| CHRISTOPHER GOOKIN | CHARIMANPRES Officer | 4 | $0 |
| SPENCER BAKER | TREASURER Officer | 12 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOEL SODANO | COMMUNICATIONS DIR Trustee or director | 6 | $0 |
| JOHN WAGNER | VICE CHAIRMAN Officer | 4 | $0 |
| JASON VERDO | SECRETARY Officer | 1 | $0 |
| CHRISTOPHER GOOKIN | CHARIMANPRES Officer | 4 | $0 |
| SPENCER BAKER | TREASURER Officer | 12 | $0 |
Address and contacts
- Address (IRS master file)
- CO J GOLDSBURY 578 SUNDERLAND WDS, COLCHESTER, VT 05446-0000
- In care of
- % SPENCER BAKER
- Principal officer (990 for 2024)
- CHRISTOPHER GOOKIN, CO J GOLDSBURY 578 SUNDERLAND WDS, COLCHESTER, VT 05446
- Signed the 990
- SPENCER BAKER, TREASURER
- Phone
- (802) 233-5977
- Website
- lambdaiota.org
- Return prepared by
- J A Goldsbury PC
Mission
OPERATION OF A LOCAL FRATERNITY.
Program accomplishments
- OPERATION OF A LOCAL FRATERNITY ON THE CAMPUS OF THE UNIVERISTY OF VERMONT IN BURLINGTON, VERMONT.Expenses $289,938
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 03-0188730
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1987
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,207,619
- Income (IRS master file)
- $309,209
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $309,209 | $307,175 | $1,207,619 | IRS |
| 990 | June 2024 | $287,598 | $260,364 | $1,253,477 | IRS |
| 990 | June 2023 | $232,530 | $252,489 | $1,275,548 | XML |
| 990 | June 2022 | $219,674 | $305,062 | $1,334,083 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 03-0188730).
Questions about LAMBDA IOTA SOCIETY INC DBA LAMBDA IOTA FRATERNITY
- What is the EIN of LAMBDA IOTA SOCIETY INC DBA LAMBDA IOTA FRATERNITY?
- The employer identification number (EIN) of LAMBDA IOTA SOCIETY INC DBA LAMBDA IOTA FRATERNITY is 03-0188730.
- Is LAMBDA IOTA SOCIETY INC DBA LAMBDA IOTA FRATERNITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1987.
- Are donations to LAMBDA IOTA SOCIETY INC DBA LAMBDA IOTA FRATERNITY tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LAMBDA IOTA SOCIETY INC DBA LAMBDA IOTA FRATERNITY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LAMBDA IOTA SOCIETY INC DBA LAMBDA IOTA FRATERNITY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAMBDA IOTA SOCIETY INC DBA LAMBDA IOTA FRATERNITY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LAMBDA IOTA SOCIETY INC DBA LAMBDA IOTA FRATERNITY?
- The 990 for the year ended June 30, 2025 names CHRISTOPHER GOOKIN.
- Who are the officers and directors of LAMBDA IOTA SOCIETY INC DBA LAMBDA IOTA FRATERNITY?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does LAMBDA IOTA SOCIETY INC DBA LAMBDA IOTA FRATERNITY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $309,209, expenses of $307,175 and total assets of $1,207,619 at year end.
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