Sigma Chi Fraternity

Organization Overview

Sigma Chi Fraternity is located in Ithaca, NY. The organization was established in 1937. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. As of 06/2021, Sigma Chi Fraternity employed 3 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Sigma Chi Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 06/2021, Sigma Chi Fraternity generated $633.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $608.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE HOUSING AND FELLOWSHIP TO METRICULATED UNDERGRADUATE MEMBERS OF SIGMA CHI FRATERNITY AT CORNELL UNIVERSITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE ROOM, BOARD, AND FELLOWSHIP TO MEMBERS OF THE FRATERNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Fernando Ferrer
Vice President/steward
$0
Andres Antonsson
Secretary
$0
Harrison Nicholas
President
$0
Charlie Russell
Treasurer
$0
Ryan Gilburne
Jr Treasurer/rush Chairman
$0
Blake Desantis
Jr House Manager
$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$5,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,000
Total Program Service Revenue$629,167
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$458
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $633,709

Grants Awarded

Over the last fiscal year, Sigma Chi Fraternity has awarded $30,512 in support to 2 organizations.

Grant RecipientAmount

SIGMA CHI OF CORNELL ALUMNI ASSOCIATION

Org PageRecipient Profile

Ithaca, NY

PURPOSE: EXCESS CHAPTER RESIDUAL GENERAL CONTRIBUTION.

$24,800

HUNTSMAN CANCER FOUNDATION

Org PageRecipient Profile

Salt Lake City, UT

PURPOSE: DERBY DAYS CONTRIBUTION

$5,712
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Sigma Chi Fraternity has recieved totaling $22,826.

Awarding OrganizationAmount
Sigma Chi Greystone Foundation Inc

Ithaca, NY

PURPOSE: GRANTS TO COVER EDUCATIONAL ASPECTS OF CHAPTER HOUSE AND EDUCATIONAL GRANTS.

$22,826
View Grant Recipient Profile

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