Nonprofit · EIN 42-1510096
SIGMA LAMBDA BETA EDUCATION FOUNDATION INC
Tax-exempt · CEDAR RAPIDS, IA 52406
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $342,962 | $278,911 | $64,051 | $840,038 | $0 | $840,038 |
| December 31, 2024 | 990 | $336,159 | $109,086 | $227,073 | $737,954 | $0 | $737,954 |
| December 31, 2023 | 990 | $365,679 | $261,401 | $104,278 | $489,515 | $0 | $489,515 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $316,118
- Program service revenue
- $0
- Investment income
- $26,844
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,975
- Program services (functional)
- $263,170
- Management and general (functional)
- $14,211
- Fundraising (functional)
- $1,530
Balance sheet and other
- Total assets, start of year
- $737,954
- Total assets, end of year
- $840,038
- Total liabilities, end of year
- $0
- Net assets, end of year
- $840,038
- Publicly traded securities
- $527,382
- Net assets without donor restrictions
- $359,651
- Net assets with donor restrictions
- $480,387
- Gross receipts
- $342,962
- Employees
- 0
- Year formed
- 2001
- State of legal domicile
- IA
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jorge Peres De Jesus | Director Trustee or director | 4 | $0 |
| Adan Ramirez | Director Trustee or director | 4 | $0 |
| Luis Suira | Director Trustee or director | 4 | $0 |
| Steve Soliz | Director Trustee or director | 4 | $0 |
| Jaime Benitez | Director Trustee or director | 4 | $0 |
| Celestino Carreon | Director Trustee or director | 4 | $0 |
| Ricardo Zamudio | Chairman Officer | 12 | $0 |
| Sam Centellas | Vice Chair Officer | 4 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sam Centellas | Director Trustee or director | 4 | $0 |
| Daniel Navarro | Director Trustee or director | 4 | $0 |
| Michael Walker | Director Trustee or director | 4 | $0 |
| Luis Suira | Director Trustee or director | 4 | $0 |
| Johnatan Rivera | Director Trustee or director | 4 | $0 |
| Steve Soliz | Director Trustee or director | 4 | $0 |
| Jaime Benitez | Director Trustee or director | 4 | $0 |
| Celestino Carreon | Director Trustee or director | 4 | $0 |
| Ricardo Zamudio | Chairman Officer | 12 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Daniel Navarro | Director Trustee or director | 4 | $0 |
| Michael Walker | Director Trustee or director | 4 | $0 |
| Luis Suira | Director Trustee or director | 4 | $0 |
| Johnatan Rivera | Director Trustee or director | 4 | $0 |
| Anthony Ybarra | Director Trustee or director | 4 | $0 |
| Ricardo Zamudio | Chairman Officer | 12 | $0 |
| Sam Centellas | Vice-Chair Officer | 4 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1628, CEDAR RAPIDS, IA 52406-1628
- In care of
- % MARY L PETERSON
- Mailing address (990-N for 2019)
- 7 Hawkeye Dr Ste 101, North Liberty IA 52317
- Principal officer (990 for 2025)
- Ricardo Zamudio, PO Box 1628, Cedar Rapids, IA 52406
- Principal officer (990-N for 2019)
- Xavier Romano, 7 Hawkeye Dr Ste 101, North Liberty IA 52317
- Signed the 990
- Ricardo Zamudio, Chairman
- Phone
- (309) 310-2977
- Return prepared by
- WILLIAM B FORD PC
Mission
Our mission is to steward the creation and management of funds and resources for programs that empower and foster intellectual, personal, and social development of the brothers of Sigma Lambda Beta Fraternity.
Program accomplishments
- * We provided four $1,000 scholarships to undergraduate college students to go towards their college expenses. * We provided grants to multiple Sigma Lambda Beta chapters across the country to be used to offset the cost of the cultural and/or educational programs. * We provided a grant to Sigma Lambda Beta International Fraternity, Inc. to help offset the costs of their BetaCon event, which is held every 2 years.Expenses $263,170 · grants $65,170 · revenue $22,861
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1510096
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $840,038
- Income (IRS master file)
- $342,962
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $342,962 | $278,911 | $840,038 | XML |
| 990 | December 2024 | $336,159 | $109,086 | $737,954 | XML |
| 990 | December 2023 | $365,679 | $261,401 | $489,515 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Xavier Romano | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 42-1510096).
Questions about SIGMA LAMBDA BETA EDUCATION FOUNDATION INC
- What is the EIN of SIGMA LAMBDA BETA EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of SIGMA LAMBDA BETA EDUCATION FOUNDATION INC is 42-1510096.
- Is SIGMA LAMBDA BETA EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to SIGMA LAMBDA BETA EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SIGMA LAMBDA BETA EDUCATION FOUNDATION INC 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 SIGMA LAMBDA BETA EDUCATION FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SIGMA LAMBDA BETA EDUCATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of SIGMA LAMBDA BETA EDUCATION FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names Ricardo Zamudio.
- Who are the officers and directors of SIGMA LAMBDA BETA EDUCATION FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does SIGMA LAMBDA BETA EDUCATION FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $342,962, expenses of $278,911 and total assets of $840,038 at year end.
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