Sigma Phi Epsilon Fraternity Inc is located in Troy, NY. 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)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 08/2023, Sigma Phi Epsilon Fraternity Inc generated $123.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $143.0k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
FRATERNITY - PROVIDE ROOM & BOARD & SOCIAL ACTIVITIES FOR ACTIVE MEMBERS OF THE FRATERNITY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Shaheed VP Learningcomm | 2 | $0 | |
Clinton Stutzman Vp-Recruitment | 2 | $0 | |
Micheal Ahn Vp-Communicatio | 2 | $0 | |
Kiran Koch-Mathews Vp-Member Dev | 2 | $0 | |
Mekiah Rivera Vp-Recruitment | 2 | $0 | |
Shreyas Seethala Vp-Programming | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $123,617 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $123,617 |
| 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 | $2,010 |
| Occupancy, rent, utilities, and maintenance | $99,212 |
| Printing, publications, postage, and shipping | $366 |
| Other expenses | $41,422 |
| Total expenses | $143,010 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,391 |
| Other assets | $0 |
| Total assets | $42,055 |
| Total liabilities | $44,149 |
| Net assets or fund balances | -$2,094 |