Sigma Sigma Sigma Inc is located in Woodstock, VA. The organization was established in 1943. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, Sigma Sigma Sigma Inc employed 38 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Sigma Sigma Sigma Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2023, Sigma Sigma Sigma Inc generated $4.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $3.4m during the year ending 06/2023. While expenses have increased by 0.1% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE SORORITY WAS CREATED TO ESTABLISH AND OPERATE A COLLEGIATE SOCIAL ORGANIZATION AND TO PROVIDE A LIFELONG EXPERIENCE FOR ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTRATION- SUPPORTING THE OPERATION OF THE COLLEGIATE AND ALUMNAE PROGRAM AND MAINTAINING THE ORGANIZATION'S FINANCIAL AND MEMBERSHIP INFORMATION.
CHAPTER SUPPLIES AND PUBLICATIONS- PROVIDES THE INDIVIDUAL COLLEGIATE CHAPTERS WITH CUSTOMIZED SUPPLIES AND PUBLICATIONS NECESSARY FOR CHAPTER OPERATION. A PERIODIC MAGAZINE IS ALSO PUBLISHED.
CHAPTER TRAINING AND DEVELOPMENT- PROVIDES TRAINING AND DEVELOPMENT PROGRAMS TO ASSIST IN THE FORMATION OF NEW CHAPTERS AND TO PROMOTE GROWTH AND MAINTAIN CONTINUITY IN EXISTING CHAPTERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joyce O'daniel National President | OfficerTrustee | 20 | $0 |
Bonnie L Rainey National Treasurer | OfficerTrustee | 20 | $0 |
Lauren Moran National Vice President | OfficerTrustee | 20 | $0 |
Kara Miller Mccarty National Vice President | OfficerTrustee | 20 | $0 |
Crystal Jones National Vice President | OfficerTrustee | 20 | $0 |
Veronica Atkins Seymour National Vice President | OfficerTrustee | 20 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,560,447 |
Noncash contributions included in lines 1a–1f | $1,524,152 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,560,447 |
Total Program Service Revenue | $2,263,712 |
Investment income | $41,403 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $115,628 |
Net Rental Income | $172,860 |
Net Gain/Loss on Asset Sales | $65,155 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $123,176 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,399,940 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $119,388 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,093,707 |
Pension plan accruals and contributions | $14,908 |
Other employee benefits | $82,607 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $27,554 |
Fees for services: Accounting | $3,385 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $100,921 |
Advertising and promotion | $4,456 |
Office expenses | $256,873 |
Information technology | $166,248 |
Royalties | $0 |
Occupancy | $0 |
Travel | $152,776 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $74,260 |
Interest | $72,778 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $153,927 |
Insurance | $362,869 |
All other expenses | $132,975 |
Total functional expenses | $3,377,361 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,958,377 |
Savings and temporary cash investments | $1,201,763 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $287,097 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $707,481 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $93,923 |
Net Land, buildings, and equipment | $4,144,601 |
Investments—publicly traded securities | $1,936,055 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $10,000 |
Total assets | $12,339,297 |
Accounts payable and accrued expenses | $124,488 |
Grants payable | $0 |
Deferred revenue | $8,160 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,400,459 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,802,741 |
Total liabilities | $4,335,848 |
Net assets without donor restrictions | $8,003,449 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $12,339,297 |