Phi Sigma Sigma

Organization Overview

Phi Sigma Sigma, operating under the name Phi Sigma Sigma Theta Chapter Housing Corporation, is located in Savoy, IL. The organization was established in 1954. 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 07/2022, Phi Sigma Sigma Theta Chapter Housing Corporation employed 2 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Phi Sigma Sigma Theta Chapter Housing Corporation is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 07/2022, Phi Sigma Sigma Theta Chapter Housing Corporation generated $519.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $446.5k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 7 years. 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

PROVIDE ROOM BOARD FOR FRATERNITY CHARITABLE DONATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE ROOM, BOARD FOR SORORITY CHARITABLE DONATIONS


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Board, Officers & Key Employees

Name (title)Compensation
Janet Merchen
House Director
$23,546
Pamela Downey
President
$0
Amy Rice
Secretary
$0
Jordon Conlon
Board Member
$0
Julie Miska
Treasurer
$0
Jodie Hitchman
Board Member
$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$3,300
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,300
Total Program Service Revenue$516,058
Investment income $18
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 $519,376

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