Sigma Nu Fraternity is located in Lexington, VA. 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. As of 06/2021, Sigma Nu Fraternity employed 2 individuals. 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 06/2021, Sigma Nu Fraternity generated $7.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (47.9%) each year. All expenses for the organization totaled $32.7k during the year ending 06/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE ROOM AND BOARD, SUPERVISION, AND ALUMNI CONTACTS FOR UNDERGRADUATE MEMBERS OF A LOCAL CHAPTER OF A NATIONAL FRATERNAL ORGANIZATION ON THE CAMPUS OF AN EDUCATIONAL INSTITUTION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christopher Browning House Corp T | 5 | $0 | |
Gregory Lennon House Corp P | 5 | $0 | |
Don Skelly House Corp M | 5 | $0 | |
Thomas Tagle House Corp M | 5 | $0 | |
Carl Retzloff House Corp M | 5 | $0 | |
Paul Reilly House Corp M | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $7,170 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $7,170 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $29,757 |
Professional fees and other payments to independent contractors | $2,925 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $60 |
Total expenses | $32,742 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $99,444 |
Other assets | $0 |
Total assets | $99,444 |
Total liabilities | $0 |
Net assets or fund balances | $99,444 |
Organization Name | Assets | Revenue |
---|---|---|
Pi Kappa Phi Properties Inc Charlotte, NC | $36,157,884 | $10,688,194 |
Sigma Phi Epsilon Fraternity Inc Richmond, VA | $54,140,029 | $10,282,777 |
Alpha Omicron Pi Fraternity Inc Brentwood, TN | $57,425,535 | $8,065,959 |
Phi Beta Kappa Society Washington, DC | $4,794,114 | $5,810,818 |
Zeta Phi Beta Sorority Inc Washington, DC | $20,915,125 | $7,582,963 |
Phi Sigma Sigma National Housing Corporation Eldersburg, MD | $5,105,404 | $4,513,250 |
Phi Beta Sigma Fraternity Inc Washington, DC | $7,959,473 | $5,690,900 |
Nautilus Management Inc Memphis, TN | $16,834,211 | $2,172,564 |
The Tau Beta Pi Association Inc Knoxville, TN | $43,758,884 | $4,633,459 |
Phi Gamma Delta Educational Foundation Lexington, KY | $23,695,128 | $3,021,786 |
Sigma Nu Educational Foundation Inc Lexington, VA | $16,834,611 | $2,302,992 |
Pi Kappa Phi Foundation Charlotte, NC | $14,162,556 | $2,105,535 |