Alpha Sigma Phi Fraternity Inc

Organization Overview

Alpha Sigma Phi Fraternity Inc is located in Carmel, IN. The organization was established in 1941. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. As of 06/2022, Alpha Sigma Phi Fraternity Inc employed 38 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Alpha Sigma Phi Fraternity Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 06/2022, Alpha Sigma Phi Fraternity Inc generated $4.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $3.9m during the year ending 06/2022. While expenses have increased by 4.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO BETTER THE MAN THROUGH THE CREATION AND PERPETUATION OF BROTHERHOOD FOUNDED UPON THE VALUES OF CHARACTER: SILENCE, CHARITY, HONOR, PURITY, AND PATRIOTISM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRAND CHAPTER: INTERNATIONAL LEADERSHIP CONFERENCE, INCLUDING SPECIFIC TRACKS SUCH AS CAREER PREPARATION, HEALTH & WELLNESS, SERVICE & PHILANTHROPY, PROFESSIONAL SPEAKING, RITUAL, RECRUITMENT, ETC.


CHAPTER SERVICES, EXPANSION, GOVERNANCE, SCHOLARSHIPS, AND UNDERGRADUATE DEVELOPMENT.


ALUMNI ENGAGEMENT: PROVIDES SUPPORT TO THE CHAPTER ALUMNI ENGAGEMENT TEAM, WHO ADVISES THE FRATERNITY'S ALUMNI CHAPTERS. ALUMNI ENGAGEMENT ALSO COACHES CHAPTERS ON GROWTH STRATEGIES. THE SUPPORT STAFF SPENDS MOST OF THEIR TIME MANAGING THIS DEPARTMENT.


CHAPTER/COLONY DEVELOPMENT: PROVIDES SUPPORT TO THE CHAPTER DEVELOPMENT TEAM, WHO ADVISES THE FRATERNITY'S UNDERGRADUATE CHAPTERS. THE CHAPTER DEVELOPMENT AREA IS IN CHARGE OF PROMOTING THE ADDITION OF MEN TO THE FRATERNITY AND THIS AREA ALSO INCLUDES MEMBERSHIP DUES AND FEES. THE SUPPORT STAFF SPENDS MOST OF THEIR TIME MANAGING THIS DEPARTMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Steve Zizzo
Grand Senior President
$0
Dave Gatzke
Grand Junior President
$0
Rich Dyer
Grand Treasurer
$0
Byron Hughes
Grand Secretary
$0
Brent Bowers
Grand Councilor
$0
Aaron Bullock
Grand Councilor
$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$256,250
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$256,250
Total Program Service Revenue$2,781,481
Investment income $131,176
Tax Exempt Bond Proceeds $0
Royalties $97,026
Net Rental Income $0
Net Gain/Loss on Asset Sales -$13,992
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,444
Miscellaneous Revenue$0
Total Revenue $4,239,555

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