Sigma Chi Fraternity
- Assets
- $37.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Evanston, IL
- Founding
- 02/1937
- Data as of
- 08/2023
- EIN
- 36-1773970
Organization Overview
Sigma Chi Fraternity is located in Evanston, IL. The organization was established in 1937. 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 a subordinate organization within 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 08/2023, Sigma Chi Fraternity generated $105.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (20.6%) each year. All expenses for the organization totaled $5.2k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (46.6%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
OPERATIONS AND RECRUITING, CONDUCTING CHAPTER OPERATIONSAND RECRUITING ACTIVITIES FOR NEW MEMBERS. OPERATIONS INCLUDE INSURANCE, MEMBERSHIP FEES AND IT, RECRUITING & FOOD
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Lindstrom President | 4 | $0 | |
Griffin Harris Vice President | 2 | $0 | |
Louis Yang Secretary | 2 | $0 | |
Kent Bracken Interim Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $105,801 |
| Total Revenue | $105,801 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,195 |
| Total expenses | $5,195 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $37,827 |
| Total liabilities | $2,879 |
| Net assets or fund balances | $34,948 |