Sigma Nu Fraternity
- Assets
- $1.7m
- Revenue
- $282.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Burbank, CA
- Founding
- 12/1940
- Data as of
- 01/2021
- EIN
- 95-3452968
Organization Overview
Sigma Nu Fraternity, operating under the name Sigma Nu Holding Corp, is located in Burbank, CA. 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 Holding Corp is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 01/2021, Sigma Nu Holding Corp generated $282.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $250.7k during the year ending 01/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FURTHER THE INTERESTS OF THE ALUMNI OF SIGMA NU FRATERNITY, EPSILON OMICRON CHAPTER, AND TO ADVISE, ASSIST, AND COOPERATE WITH AND FURTHER THE INTERESTS OF THE ACTIVE MEMBERS OF THE CHAPTER OF SIGMA NU FRATERNITY AND THE INDIVIDUAL MEMBERS THEREOF BY PURCHASING OR OTHERWISE ACQUIRE, HOLD, OWN,CONTROL AND MAINTAIN REAL PROPERTY BY PROVIDING BY LEASE OR OTHERWISE, FOR OR ACQUIRING POSSESSION OF ROOMS AND APARTMENTS AND SPACE IN AND UPON REAL PROPERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED HOUSING FOR THE INDIVIDUAL MEMBERS OF SIGMA NU, EPSILON OMICRON CHAPTER
ADVISED, ASSISTED AND COOPERATED WITH THE INTERESTS OF THE ACTIVE CHAPTER OF SIGMA NU, EPSILON OMICRON CHAPTER AND THE INDIVIDUAL MEMBERS THEREOF.
FURTHERED THE INTERESTS OF THE ALUMNI OF SIGMA NU, EPSILON OMICRON CHAPTER.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Preston Smith Secretary/cf | OfficerTrustee | $0 | |
Greg Yoder President | OfficerTrustee | $0 | |
Jared Padilla Director | Trustee | $0 | |
Rick Murphy Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $282,029 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $10,046 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $461 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $36 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $56,692 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $86,406 |
| Insurance | $11,719 |
| All other expenses | $0 |
| Total functional expenses | $250,709 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,364 |
| Savings and temporary cash investments | $58,690 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,904 |
| 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 | $9,117 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $13,271 |
| Other assets | $19,462 |
| Total assets | $1,707,676 |
| Accounts payable and accrued expenses | $10,694 |
| Grants payable | $0 |
| Deferred revenue | $11,350 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,623,097 |
| Total liabilities | $1,645,141 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $62,535 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sigma Nu Fraternity has recieved totaling $389.
| Awarding Organization | Amount |
|---|---|
Seelig Charitable Foundation Tr East Rockaway, NY PURPOSE: GENERAL SUPPORT | $389 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Associated Students Of San Francisco State College San Francisco, CA | $23,679,804 | $8,027,384 |
Alpha Phi Chapter House Of Corporation Of Bloomington Elk Grove, CA | $3,111,091 | $1,023,375 |
Alpha Phi International Fraternity Inc Elk Grove, CA | $361,437 | $1,345,397 |
Beta Epsilon Building Co Of Tucon Elk Grove, CA | $6,120,768 | $1,323,685 |
Alpha Phi International Fraternity Inc Elk Grove, CA | $366,816 | $1,179,925 |
Sigma Chi Fraternity Los Angeles, CA | $71,931 | $1,167,550 |
Chi Omega Fraternity Berkeley, CA | $1,735,901 | $1,318,431 |
Zeta Beta Tau Fraternity Los Angeles, CA | $48,266 | $1,130,445 |
Gamma Phi Beta Sorority Inc Tucson, AZ | $2,331,775 | $1,120,697 |
Chi Omega House Corp Tucson, AZ | $2,622,204 | $1,280,098 |
Alpha Phi International Fraternity Elk Grove, CA | $435,880 | $1,113,024 |
Delta Tau House Corporation Encino, CA | $1,215,239 | $20,773 |