Kappa Sigma Fraternity-Gamma Rho Housing Corp
- Assets
- $1.4m
- Revenue
- $101.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Oro Valley, AZ
- Founding
- Data as of
- 05/2024
- EIN
- 86-0619366
Organization Overview
Kappa Sigma Fraternity-Gamma Rho Housing Corp is located in Oro Valley, AZ. As of 05/2024, Kappa Sigma Fraternity-Gamma Rho Housing Corp employed 2 individuals. Kappa Sigma Fraternity-Gamma Rho Housing Corp is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2024, Kappa Sigma Fraternity-Gamma Rho Housing Corp generated $101.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $105.0k during the year ending 05/2024. While expenses have increased by 5.0% per year over the past 6 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HOUSING, SCHOLARSHIPS AND GUIDANCE FOR MEMBERS OF KAPPA SIGMA FRATERNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT HOUSING - THE CORPORATION PROVIDES STUDENT HOUSING FOR APPROXIMATELY 42 STUDENTS AS WELL AS MEETING FACILITIES AND RECREATIONAL FACILITIES.
SCHOLARSHIPS, TRAINING AND COUNSELING - THE CORPORATION PROVIDES FUNDING FOR SCHOLARSHIPS AND EDUCATIONAL TRAINING, AS WELL AS LEADERSHIP AND CAREER COUNSELING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Taylor Heidenheim Director | Trustee | 0 | $0 |
Andrew Winner Director | Trustee | 0 | $0 |
George Jenson Director | Trustee | 0 | $0 |
Bryan Lifshitz Director | Trustee | 0 | $0 |
Carter Crow Director | Trustee | 0 | $0 |
William Wiess Director | Trustee | 0 | $0 |
Financial Statements
| 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 | $6,348 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,348 |
| Total Program Service Revenue | $0 |
| Investment income | $12,595 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $82,384 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $101,327 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,500 |
| Grants and other assistance to domestic individuals. | $10,420 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,300 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,529 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,970 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,586 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,093 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,078 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,915 |
| All other expenses | $4,239 |
| Total functional expenses | $104,966 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,792 |
| Savings and temporary cash investments | $212,911 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$18,564 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,075,846 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $380 |
| Total assets | $1,350,365 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $668,199 |
| Unsecured mortgages and notes payable | $105,000 |
| Other liabilities | $37,353 |
| Total liabilities | $810,552 |
| Net assets without donor restrictions | $539,813 |
| 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 | $1,350,365 |