Society Of Beta Sigma Psi is located in Urbana, IL. The organization was established in 1945. 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. Society Of Beta Sigma Psi is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending undefined, Society Of Beta Sigma Psi generated $110.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $90.8k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (13.5%) per year over the past 5 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
Describe the Organization's Program Activity:
Part 3
PROVIDE ROOM AND BOARD, INCLUDING 9 MEALS PER WEEK, TO 18 MEMBERS THROUGH THE ACADEMIC YEAR
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nathaniel Stoll Recruitment Chairman | 10 | $0 | |
Joseph Baldwin President | 10 | $0 | |
Michael Schwingbeck Social Chairman | 10 | $0 | |
Tilo Lamken House Manager | 10 | $0 | |
Avery Clark Vice President | 10 | $0 | |
Grant Wetherton Treasurer | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $97,815 |
Membership dues | $12,606 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $110,421 |
Statement of Expenses | |
---|---|
Total expenses | $90,779 |
Balance Sheet | |
---|---|
Total assets | $14,185 |
Total liabilities | $0 |
Net assets or fund balances | $14,185 |
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