Kappa Sigma Fraternity is located in Grand Forks, ND. The organization was established in 1940. 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. Kappa Sigma Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2022, Kappa Sigma Fraternity generated $188.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $152.5k during the year ending 05/2022. While expenses have increased by 8.9% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
COLLEGIATE SOCIAL FRATERNITY ACTIVITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Greicar President | 5 | $0 | |
William Mayer Vice President | 5 | $0 | |
Andrew Wasniewsi Grand Master Of Ceremonies | 5 | $0 | |
Alex Tangren Grand Treasurer | 15 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $188,542 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $188,542 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,094 |
Occupancy, rent, utilities, and maintenance | $36,001 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $115,374 |
Total expenses | $152,469 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $58,430 |
Other assets | $0 |
Total assets | $58,430 |
Total liabilities | $0 |
Net assets or fund balances | $58,430 |
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