Nebraska Beta Alumni Corporation Of Sigma Phi Epsilon Inc
- Assets
- $236.0k
- Revenue
- -$39.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 07/1972
- Data as of
- 12/2020
- EIN
- 23-7176670
Organization Overview
Nebraska Beta Alumni Corporation Of Sigma Phi Epsilon Inc is located in Omaha, NE. The organization was established in 1972. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, 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. Nebraska Beta Alumni Corporation Of Sigma Phi Epsilon Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO KEEP THE ALUMNI OF NEBRASKA BETA INVOLVED, MENTOR THE UNDERGRADUATES, AND TO PROVIDE AFFORDABLE HOUSING TO THE UNDERGRADUATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HOUSING FOR MEMBERS OF THE SIGMA PHI EPSILON FRATERNITY WHILE THEY ARE ENROLLED AS FULL TIME COLLEGE STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cory Butler Treasurer | Officer | 1 | $0 |
Bj Fagin Secretary | Officer | 1 | $0 |
Eric Thompson President | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,005 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,005 |
| Total Program Service Revenue | $0 |
| Investment income | $19 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$51,118 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$39,094 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,630 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,456 |
| Travel | $528 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $750 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,901 |
| All other expenses | $0 |
| Total functional expenses | $35,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $212,712 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $23,272 |
| Total assets | $235,984 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $235,984 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $235,984 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kansas University Alumni Association Lawrence, KS | $43,406,063 | $19,795,614 |
Alumni Association Of Kansas State University Manhattan, KS | $26,684,842 | $5,906,410 |
Iowa State University Alumni Association Ames, IA | $19,372,302 | $3,613,244 |
The North American Foundation For The University Of Durham Inc Denver, CO | $67,216 | $2,577,869 |
University Of Missouri Alumni Assn Columbia, MO | $16,718,552 | $3,263,310 |
Major League Baseball Players Alumni Association Colorado Springs, CO | $8,545,070 | $2,799,012 |
University Of Northern Iowa Alumni Association Cedar Falls, IA | $0 | $679,804 |
Grand Island Public Schools Foundation Grand Island, NE | $10,746,895 | $4,368,224 |
Alumni Association Of The University Of South Dakota Vermillion, SD | $0 | $7,549 |
South Dakota State University Alumni Association Brookings, SD | $649,499 | $1,131,261 |
University Of Wyoming Alumni Laramie, WY | $7,069,969 | $1,051,403 |
Beta Mu Building And Alumnae Association Boulder, CO | $5,502,607 | $1,091,365 |