Sigma Pi Fraternity International Inc
- Assets
- $87.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlottesvle, VA
- Founding
- 01/1967
- Data as of
- 12/2021
- EIN
- 54-6063036
Organization Overview
Sigma Pi Fraternity International Inc is located in Charlottesvle, VA. The organization was established in 1967. 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 Pi Fraternity International Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Sigma Pi Fraternity International Inc generated $50.0k 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 (8.6%) each year. All expenses for the organization totaled $58.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 6 years. 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 Mission:
Part 3 - Line 1
THE BETA PI CHAPTER OF SIGMA PI IS A MEN'S FRATERNITY AT THE UNIVERSITY OF VIRGINIA DEDICATED TO PROMOTING SCHOLARSHIP AND DEVELOPING THE CHARACTER OF ALL BROTHERS IN THE ORGANIZATION.
Describe the Organization's Program Activity:
Part 3
IN THE BEGINNING OF THE SPRING SEMESTER, THE BETA-PI CHAPTER OF SIGMA PI PARTICIPATED IN THE SCHOOL'S FORMAL RECRUITMENT PROCESS. THE GOAL OF THIS PROCESS IS TO RECRUIT UNDERGRADUATE STUDENTS AT THE UNIVERSITY WHO EXEMPLIFY THE IDEALS OF SIGMA PI TO JOIN THE FRATERNITY IN HOPES OF THE CHAPTER CONTINUING TO THRIVE AND MAKE A POSITIVE IMPACT ON CAMPUS. A TOTAL OF 10 MEN JOINED OUR BROTHERHOOD AS A RESULT OF THESE EFFORTS.
ANOTHER MAJOR EXPENSE INCURRED BY THE BETA-PI CHAPTER OF SIGMA-PI IS RELATED TO THE MAINTENANCE AND PARLOR FEES ASSOCIATED WITH THE FRATERNITY HOUSE. EXPENSES INCURRED INCLUDE, BUT ARE NOT LIMITED TO, ENSURING PROPER AVAILABILITY OF THE CHAPTER ROOM, DINING AREAS, AND KITCHEN. ADDITIONAL EXPENSES INCLUDE CLEANING SUPPLIES AND REPAIR WORK TO ANY DAMAGED OR MALFUNCTIONING AREAS OF THE HOUSE.
DURING OUR FALL SEMESTER OF 2020, THE BETA-PI CHAPTER OF SIGMA PI CONDUCTED A SOCIAL MEDIA FUNDRAISING CAMPAIGN FOR THE AMERICAN CANCER SOCIETY. BY USING BROTHERS' SOCIAL MEDIA PLATFORMS, WE PROMOTED OUR CAMPAIGN AND RAISED OVER $750 FOR THE AMERICAN CANCER SOCIETY.
IN THE BEGINNING OF THE SPRING SEMESTER, THE BETA-PI CHAPTER OF SIGMA PI PARTICIPATED IN THE SCHOOL'S FORMAL RECRUITMENT PROCESS. THE GOAL OF THIS PROCESS IS TO RECRUIT UNDERGRADUATE STUDENTS AT THE UNIVERSITY WHO EXEMPLIFY THE IDEALS OF SIGMA PI TO JOIN THE FRATERNITY IN HOPES OF THE CHAPTER CONTINUING TO THRIVE AND MAKE A POSITIVE IMPACT ON CAMPUS. A TOTAL OF 10 MEN JOINED OUR BROTHERHOOD AS A RESULT OF THESE EFFORTS.
ANOTHER MAJOR EXPENSE INCURRED BY THE BETA-PI CHAPTER OF SIGMA-PI IS RELATED TO THE MAINTENANCE AND PARLOR FEES ASSOCIATED WITH THE FRATERNITY HOUSE. EXPENSES INCURRED INCLUDE, BUT ARE NOT LIMITED TO, ENSURING PROPER AVAILABILITY OF THE CHAPTER ROOM, DINING AREAS, AND KITCHEN. ADDITIONAL EXPENSES INCLUDE CLEANING SUPPLIES AND REPAIR WORK TO ANY DAMAGED OR MALFUNCTIONING AREAS OF THE HOUSE.
DURING OUR FALL SEMESTER OF 2020, THE BETA-PI CHAPTER OF SIGMA PI CONDUCTED A SOCIAL MEDIA FUNDRAISING CAMPAIGN FOR THE AMERICAN CANCER SOCIETY. BY USING BROTHERS' SOCIAL MEDIA PLATFORMS, WE PROMOTED OUR CAMPAIGN AND RAISED OVER $750 FOR THE AMERICAN CANCER SOCIETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Will Henderson President | 12 | $0 | |
Charles Brennan Vice President | 6 | $0 | |
Adam Gemmill Treasurer | 8 | $0 | |
Lachlan Flatin Secretary | 4 | $0 | |
Alex Rimmington Sergeant-At-Arms | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,985 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,985 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $58,304 |
| Total expenses | $58,304 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87 |
| Other assets | $0 |
| Total assets | $87 |
| Total liabilities | $0 |
| Net assets or fund balances | $87 |
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|---|---|---|
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