Sigma Nu Fraternity is located in Allen, TX. 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 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 12/2022, Sigma Nu Fraternity generated $102.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $63.3k during the year ending 12/2022. 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
ORGANIZATION SUCCESSFULLY PROVIDED HOUSING FOR FRATERNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Barba President | 0 | $0 | |
Marshall Tullo Vpsec | 0 | $0 | |
Ryan Farha Member At Large | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $101,585 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $992 |
Total Revenue | $102,577 |
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 | $575 |
Occupancy, rent, utilities, and maintenance | $61,566 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,139 |
Total expenses | $63,280 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $27,124 |
Other assets | $0 |
Total assets | $480,508 |
Total liabilities | $164,257 |
Net assets or fund balances | $316,251 |