Sigma Chi Fraternity is located in Evanston, IL. The organization was established in 1937. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Sigma Chi Fraternity employed 44 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Sigma Chi Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2022, Sigma Chi Fraternity generated $6.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $5.7m during the year ending 06/2022. While expenses have increased by 5.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER A BROTHERHOOD OF TRANSFORMATIONAL LEADERS WHO ARE COMMITTED TO FRIENDSHIP, JUSTICE, AND LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT THE PURPOSES, POLICIES, AND PEOPLE OF THE SIGMA CHI FRATERNITY IN A CONGENIAL, PROFESSIONAL MANNER FOR THE GOOD OF THE FRATERNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael J Church Executive Director/president | Officer | 40 | $180,439 |
D Timothy Sanderson Grand Consul | OfficerTrustee | 10 | $0 |
Robert D Wilson Grand Pro Consul | OfficerTrustee | 10 | $0 |
Ryan M Temby Grand Quaestor | OfficerTrustee | 10 | $0 |
Steven G Schuyler Past Grand Consul | Trustee | 10 | $0 |
Asher J Kalef Grand Praeter Liaison | Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $903,904 |
All other contributions, gifts, grants, and similar amounts not included above | $1,199,984 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,103,888 |
Total Program Service Revenue | $3,206,610 |
Investment income | $238,344 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $503,414 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $69,041 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,615,292 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
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. | $235,970 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,144,576 |
Pension plan accruals and contributions | $123,998 |
Other employee benefits | $266,919 |
Payroll taxes | $191,454 |
Fees for services: Management | $116,076 |
Fees for services: Legal | $70,170 |
Fees for services: Accounting | $42,999 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $65,904 |
Fees for services: Other | $145,031 |
Advertising and promotion | $22,239 |
Office expenses | $43,303 |
Information technology | $186,977 |
Royalties | $0 |
Occupancy | $0 |
Travel | $411,777 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $180,020 |
Interest | $0 |
Payments to affiliates | $53,750 |
Depreciation, depletion, and amortization | $4,099 |
Insurance | $71,599 |
All other expenses | $155,549 |
Total functional expenses | $5,657,831 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,216,875 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $654,846 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $166,959 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $19,647 |
Investments—publicly traded securities | $10,653,175 |
Investments—other securities | -$175,194 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $909,312 |
Total assets | $14,445,620 |
Accounts payable and accrued expenses | $919,988 |
Grants payable | $0 |
Deferred revenue | $908,064 |
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 | $1,828,052 |
Net assets without donor restrictions | $12,617,568 |
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 | $14,445,620 |
Over the last fiscal year, we have identified 1 grants that Sigma Chi Fraternity has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Buckingham Foundation Inc Indianapolis, IN PURPOSE: TO DEVELOP VALUES-BASED LEADERS COMMITTED TO THE BETTERMENT OF CHARACTER, CAMPUS, AND COMMUNITY. | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Union League Club Of Chicago Chicago, IL | $26,749,429 | $20,158,030 |
Missouri Athletic Club St Louis, MO | $22,640,194 | $18,091,674 |
Alpha Chi Omega Fraternity Inc Indianapolis, IN | $29,119,055 | $16,507,869 |
Butterfield Country Club Oak Brook, IL | $37,524,568 | $14,281,799 |
University Club Of Chicago Chicago, IL | $40,558,650 | $14,990,991 |
Bellerive Country Club Saint Louis, MO | $30,118,733 | $15,442,843 |
Alpha Chi Omega National Housing Corporation Indianapolis, IN | $68,106,791 | $16,027,721 |
National Association Of Intercollegiate Athletics Kansas City, MO | $12,204,653 | $13,287,204 |
Big Spring Country Club Inc Louisville, KY | $27,849,226 | $12,028,840 |
Westmoreland Country Club Wilmette, IL | $31,536,434 | $12,960,463 |
St Louis Country Club Saint Louis, MO | $23,333,122 | $12,315,220 |
Skokie Country Club Glencoe, IL | $25,480,990 | $12,823,319 |