Alpha Sigma Nu Incorporated is located in Milwaukee, WI. The organization was established in 1982. 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. Alpha Sigma Nu Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Alpha Sigma Nu Incorporated generated $426.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $420.3k during the year ending 06/2022. While expenses have increased by 2.1% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ALPHA SIGMA NU ASN CONTINUES THE JESUIT TRADITION OF SCHOLARSHIP, LOYALTY, AND SERVICE BEYOND THE COLLEGE YEARS BY PROVIDING SCHOLARSHIPS AND THE CREATION OF ALUMNI CLUBS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASN PUBLISHES AN ANNUAL MAGAZINE WHICH IS MAILED TO MEMBERS AND BENEFACTORS TO KEEP THEM ABREAST OF EVENTS AND OTHER NEWSWORTHY ITEMS RELATED TO ASN, ITS MEMBERS, AND MEMBER INSTITUTIONS.
INDUCTIONS OF NEW MEMBERS AT MEMBER JESUIT INSTITUTIONS. ASN RECEIVES A ONETIME INDUCTION FEE AND EACH INDUCTEE RECEIVES A PIN AND CERTIFICATE SIGNIFYING THEIR MEMBERSHIP.
ASN PROVIDES SCHOLARSHIP FUNDS AND GRANTS TO MEMBER INSTITUTIONS. THE INSTITUTIONS SELECT THEIR SCHOLARSHIP RECIPIENTS AND DECIDE HOW TO UTILIZE THE GRANT FUNDS ON PROJECTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Katherine Gaertner Executive Director | Officer | 40 | $76,745 |
Clara Dwyer Executive Director | Officer | 40 | $1,442 |
Sean Michaelson Sj President | Trustee | 10 | $0 |
Penny Menge Vice-President | Trustee | 5 | $0 |
Michael Jenkins Secretary | Trustee | 5 | $0 |
James Miracky Sj Member | Trustee | 5 | $0 |
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 | $233,702 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $233,702 |
Total Program Service Revenue | $137,799 |
Investment income | $37,427 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $5,280 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $12,636 |
Miscellaneous Revenue | $0 |
Total Revenue | $426,927 |
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. | $78,187 |
Compensation of current officers, directors, key employees. | $78,187 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $98,802 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $8,307 |
Payroll taxes | $13,982 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $8,394 |
Information technology | $18,179 |
Royalties | $0 |
Occupancy | $0 |
Travel | $9,095 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,005 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,931 |
All other expenses | $12,543 |
Total functional expenses | $420,340 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $103,285 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $3,619 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $20,935 |
Prepaid expenses and deferred charges | $11,650 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $1,480,126 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,619,615 |
Accounts payable and accrued expenses | $72,596 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $72,596 |
Net assets without donor restrictions | $1,154,518 |
Net assets with donor restrictions | $392,501 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,619,615 |
Over the last fiscal year, we have identified 1 grants that Alpha Sigma Nu Incorporated has recieved totaling $100.
Awarding Organization | Amount |
---|---|
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $100 |
Beg. Balance | $362,930 |
Ending Balance | $362,930 |
Organization Name | Assets | Revenue |
---|---|---|
Alumni Association Of The University Of Michigan Ann Arbor, MI | $176,574,081 | $18,254,145 |
Center For Advanced Studies In Business Inc Madison, WI | $9,461,883 | $6,530,338 |
University Of Wisconsin Medical Alumni Association Inc Madison, WI | $0 | $0 |
The University Of Illinois Alumni Association Urbana, IL | $29,310,021 | $6,588,632 |
Minnesota State University Moorhead Foundation Inc Moorhead, MN | $54,713,743 | $22,543,778 |
University Of Minnesota Alumni Association Minneapolis, MN | $34,396,499 | $3,938,876 |
Iowa State University Alumni Association Ames, IA | $19,372,302 | $3,613,244 |
University Of Northern Iowa Alumni Association Cedar Falls, IA | $0 | $679,804 |
Northern Illinois University Alumni Association Dekalb, IL | $2,687,455 | $1,196,387 |
Forest Hills Pto & Boosters Council Grand Rapids, MI | $1,625,695 | $1,126,806 |
Southern Illinois University Carbondale, IL | $8,138,109 | -$879,336 |
Beta Beta Housing Corporation Of Sigma Delta Tau At Michigan State Bloomfield Hills, MI | $236,195 | $527,410 |