Alumni Association Of Nu Chapter Alpha Chi Sigma Fraternity
- Assets
- $8.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- State College, PA
- Founding
- 05/1979
- Data as of
- 06/2021
- EIN
- 23-7367269
Organization Overview
Alumni Association Of Nu Chapter Alpha Chi Sigma Fraternity is located in State College, PA. The organization was established in 1979. 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. Alumni Association Of Nu Chapter Alpha Chi Sigma Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2021, Alumni Association Of Nu Chapter Alpha Chi Sigma Fraternity generated $5.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (37.5%) each year. All expenses for the organization totaled $87.9k during the year ending 06/2021. 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
RESIDENCY WAS PROVIDED FOR CURRENT NU CHAPTER-ALPHA CHI MEMBERS ATTENDING THE PENNSYLVANIA STATE UNIVERSITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle Martin Vice President | 2 | $0 | |
Nick Braccio President | 2 | $0 | |
Fred Vosbury Treasurer | 2 | $0 | |
Thomas Kapelewski Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,350 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $338 |
| Total Revenue | $5,689 |
| 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 | $7,563 |
| Occupancy, rent, utilities, and maintenance | $57,944 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,399 |
| Total expenses | $87,906 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,383 |
| Other assets | $0 |
| Total assets | $8,086 |
| Total liabilities | $80,010 |
| Net assets or fund balances | -$71,924 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Beta Theta Pi Fraternity Oxford, OH | $3,680,117 | $8,942,106 |
Beta Theta Pi Fraternity Oxford, OH | $10,733,585 | $6,268,729 |
Delta Gamma Foundation Columbus, OH | $43,080,592 | $13,458,880 |
Phi Sigma Sigma National Housing Corporation Eldersburg, MD | $5,105,404 | $4,513,250 |
Phi Delta Theta Foundation Oxford, OH | $39,955,120 | $4,831,339 |
Delta Zeta Foundation Oxford, OH | $16,389,397 | $3,220,126 |
Delta Phi Epsilon Sorority Inc Philadelphia, PA | $2,908,015 | $2,233,543 |
Beta Psi House Corporation Of Delta Gamma Fraternity Columbus, OH | $8,243,959 | $1,563,984 |
Alpha Psi House Corporation Of Delta Gamma Fraternity Inc Columbus, OH | $10,685,120 | $1,625,378 |
Delta Gamma House Corp Columbus, OH | $9,588,322 | $1,372,665 |
National Sorority Of Phi Delta Kappa Inc Jersey City, NJ | $268,975 | $76,573 |
Beta Alpha Chapter Of Chi Omega House Corp Wayne, PA | $1,129,031 | $303,939 |