Sigma Nu Fraternity

Organization Overview

Sigma Nu Fraternity is located in Minneapolis, MN. The organization was established in 1934. 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. Sigma Nu Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 06/2022, Sigma Nu Fraternity generated $400.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $384.6k during the year ending 06/2022. While expenses have increased by 5.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SOCIAL CLUB PROVIDING COLLEGIATE FRATERNITY HOUSING, ACTIVITIES AND ENVIRONMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEMBERSHIP CONSISTED OF 90 MALE UNDERGRADUATE STUDENTS ATTENDING THE UNIVERSITY OF MINNESOTA HOUSING IS PROVIDED FOR UP TO 33 OF THES MEMBERS IN THE FRATERNITY HOUSE DURING BOTH THE ACADEMIC YEAR AND SUMMER MONTHS A FULL TIME CHEF IS EMPLOYED TO PROVIDE MEALS TO ALL MEMBERS OF THE FRATERNITY FROM SEPTEMBER 2021 TO MAY 2022


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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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$398,333
Investment income $669
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $479
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $400,154

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