Alpha Sigma Fraternity Inc is located in Ann Arbor, MI. The organization was established in 1941. 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. Alpha Sigma Fraternity Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending undefined, Alpha Sigma Fraternity Inc generated $81.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (33.0%) each year. All expenses for the organization totaled $67.9k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (45.0%) per year over the past 3 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 Mission:
Part 3 - Line 1
CHAPTER OF NATIONAL FRATERNITY FOUNDED ON THE VALUES OF CHARACTER. OUR VALUES CALL US TO BETTER OURSELVES THROUGH OUR ACTIONS AND WORDS. THESE ARE THE VALUES WE ESPOUSE: SILENCE, CHARITY, PURITY, HONOR AND PATRIOTISM.
Describe the Organization's Program Activity:
Part 3
CHAPTER HOUSING AND MEMBERSHIP DUES
LEADERSHIP AND EDUCATIONAL PROGRAMS
PHILANTHROPIC EVENTS AND SPECIAL PROJECTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ryan Gilfillan Board Member | 1 | $0 | |
Daniel Herman Board Member | 1 | $0 | |
Jacob Weitzman Board Member | 1 | $0 | |
Ben Stern Board Member | 1 | $0 | |
Alex Shoflick Board Member | 1 | $0 | |
Joseph Myers Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $81,702 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $81,702 |
Statement of Expenses | |
---|---|
Total expenses | $67,911 |
Balance Sheet | |
---|---|
Total assets | $78,698 |
Total liabilities | $15,502 |
Net assets or fund balances | $63,196 |
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