Kappa Sigma Home Building Corporation
- Assets
- $152.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Napoleonville, LA
- Founding
- 12/1940
- Data as of
- 06/2022
- EIN
- 72-6028372
Organization Overview
Kappa Sigma Home Building Corporation is located in Napoleonville, LA. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Kappa Sigma Home Building Corporation is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2022, Kappa Sigma Home Building Corporation generated $60.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $46.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDES LODGING AND MEETING FACILITIES FOR UNDERGRADUATE STUDENTS AT LSU. FORTY THREE STUDENTS CAN BE ACCOMODATED FOR LODGING AND 150 IN THE MEETING FACILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Waguespack Treasurer | 0 | $0 | |
William Barrios President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $60,365 |
| Total Revenue | $60,365 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,105 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,045 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,751 |
| Total expenses | $46,901 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,344 |
| Other assets | $0 |
| Total assets | $152,553 |
| Total liabilities | $15,967 |
| Net assets or fund balances | $136,586 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Delta Delta Delta Park Street Properties Llc Dallas, TX | $1,524,558 | $6,844,854 |
Honor Society Of Phi Kappa Phi Baton Rouge, LA | $65,517,375 | $6,309,664 |
Tri Delta Housing Inc Dallas, TX | $3,409,218 | $1,400,485 |
Delta Kappa Gamma Society Austin, TX | $10,208,781 | $2,395,824 |
Zeta Beta Tau Fraternity Dallas, TX | $286,134 | $1,671,786 |
Mississippi Association Of Supervisors Inc Jackson, MS | $3,451,955 | $2,357,721 |
Delta Iota House Association Of Kappa Gamma Fraternity Baton Rouge, LA | $11,336,572 | $1,890,094 |
Delta Delta Delta Fraternity Delta Iota House Corp Fayetteville, AR | $15,926,703 | $1,714,935 |
Kappa Alpha Order University, MS | $680,415 | $1,650,535 |
Chi Omega Fraternity Baton Rouge, LA | $1,575,304 | $1,510,789 |
Phi Delta House Corporation Starkville, MS | $8,482,677 | $1,811,392 |
Sigma Chi Fraternity Eta Chapter Oxford, MS | $7,268,249 | $1,275,007 |