Theta Xi Association Of Stevens Inc is located in Hoboken, NJ. The organization was established in 1973. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Theta Xi Association Of Stevens Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Theta Xi Association Of Stevens Inc generated $5.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $5.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MAINTAIN A FRATERNITY HOUSE FOR THE BENEFIT OF STUDENTS OF STEVENS INSTITUTE OF TECHNOLOGY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Akash Sharma President | 0 | $0 | |
Peter Beneski Vice President | 0 | $0 | |
Matthew Gray Treasurer | 0 | $0 | |
Anthony Santagata Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $5,224 |
Gain or Loss | -$1,323 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $5,901 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,150 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $3,605 |
Total expenses | $5,755 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $7,760 |
Other assets | $0 |
Total assets | $155,752 |
Total liabilities | $0 |
Net assets or fund balances | $155,752 |
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