Sigma Phi Epsilon Fraternity Inc is located in Corvallis, OR. The organization was established in 1941. 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 Phi Epsilon Fraternity Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2024, Sigma Phi Epsilon Fraternity Inc generated $137.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $130.2k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (15.5%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
UNIVERSITY FRATERNITY PROVIDING SOCIAL, RECRUITMENT & OTHER ACTIVITIES FOR THE BENEFIT OF THE MEMBERS. THESE BENEFITS PROVIDE A WELL ROUNDED ENVIRONMENT FOR THE MEMBERS TO COMPLETE THEIR SECONDARY EDUCATION AT OREGON STATE UNIVERSITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Evan Rudisile President | 20 | $0 | |
Brenden Barman VP Of Programming | 3 | $0 | |
Jacob Barton VP Of Recruitment | 4 | $0 | |
George Heilig VP Of Finance | 2 | $0 | |
Zachary Tasa VP Of Member Development | 3 | $0 | |
Zach Benedetti VP Of Communications | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $137,441 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $137,441 |
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 | $4,123 |
Occupancy, rent, utilities, and maintenance | $2,410 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $62,447 |
Total expenses | $130,237 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $35,922 |
Other assets | $0 |
Total assets | $35,922 |
Total liabilities | $0 |
Net assets or fund balances | $35,922 |