Delta Alumni Of Sigma Phi Delta Inc
- Assets
- $1.7m
- Revenue
- $115.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Rockford, IL
- Founding
- 03/1947
- Data as of
- 05/2024
- EIN
- 36-6109266
Organization Overview
Delta Alumni Of Sigma Phi Delta Inc is located in Rockford, IL. The organization was established in 1947. 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. Delta Alumni Of Sigma Phi Delta Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2024, Delta Alumni Of Sigma Phi Delta Inc generated $115.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $195.9k during the year ending 05/2024. While expenses have increased by 0.7% 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
FURTHER THE OBJECTIVES OF THE INTERNATIONAL ORG. OF SIGMA PHI DELTA FRATERNITY BY MAINTAINING A CHAPTER HOUSE FOR THE ACTIVE MEMBERS OF DELTA CHAPTER OF SIGMA PHI DELTA FRATERNITY, BY OFFERING FELLOWSHIP TO MEMBERS, AND BY DEVELOPING CONTINUED FRATERNAL SPIRIT AMONG ALUMNI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTENANCE OF HOUSING TO FOSTER AND PROMOTE PROFESSIONALISM AND EDUCATION IN ENGINEERING DISCIPLINES. ESTABLISH CENTER TO FOSTER PROFESSIONALISM, FELLOWSHIP AND FRATERNAL SPIRIT FOR LIVE-IN HOUSE MEMBERS AND THOSE MEMBERS WHO DO NOT LIVE-IN. FOCUS IS AT THE UNIVERSITY OF ILLINOIS. SERVICE OUTPUT IS STUDENT MEMBERS HOUSED AND STUDENT MEMBERS NOT HOUSED. FALL 2022 STUDENT MEMBERS = 40. SPRING 2023 STUDENT MEMBERS = 40.
COMMUNICATION TO ALUMNI MEMBERS AND CONTINUED DEVELOPMENT OF FELLOWSHIP AND FRATERNAL SPIRIT AFTER GRADUATION. SERVICE OUTPUT IS ALUMNI MEMBERSHIP = 550.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Rohan Secretary | OfficerTrustee | 1 | $0 |
Dino Tsoukatos Alumni Relations | Officer | 1 | $0 |
Shyam Upadhyay Active Relations | Officer | 1 | $0 |
Matthew Braun President | Officer | 3 | $0 |
Patrick Cox Vice President | Officer | 2 | $0 |
Jeff Schneider Treasurer | Officer | 4 | $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 | $36,920 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,920 |
| Total Program Service Revenue | $78,199 |
| Investment income | $397 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $115,516 |
| 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 | $1,385 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,769 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $755 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $42,833 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $80,147 |
| Insurance | $8,959 |
| All other expenses | $9,991 |
| Total functional expenses | $195,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,234 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$751 |
| 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 | $1,671,379 |
| Investments—publicly traded securities | $30,266 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,732,128 |
| 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 | $1,020,107 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,020,107 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $24,988 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $687,033 |
| Total liabilities and net assets/fund balances | $1,732,128 |