Alpha Sigma Phi Fraternity Inc is located in West Lafayette, IN. 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 Phi 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 06/2022, Alpha Sigma Phi Fraternity Inc generated $132.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $124.3k during the year ending 06/2022. While expenses have increased by 10.7% per year over the past 4 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
PROVIDED MEALS, HOUSING AND SOCIAL PROGRAMS FOR THE LOCAL SOCIAL FRATERNITY MEMBERS - TOTAL OF 81 MEMBERS FOR THE YEAR.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,237 |
Total Program Service Revenue | $0 |
Membership dues | $127,422 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $132,357 |
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 | $4,639 |
Occupancy, rent, utilities, and maintenance | $22,661 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $64,144 |
Total expenses | $124,255 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $19,808 |
Other assets | $0 |
Total assets | $19,808 |
Total liabilities | $0 |
Net assets or fund balances | $19,808 |
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