Sigma Chi Of Cornell Alumni Association

Organization Overview

Sigma Chi Of Cornell Alumni Association is located in Ithaca, NY. The organization was established in 1963. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sigma Chi Of Cornell Alumni Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 06/2022, Sigma Chi Of Cornell Alumni Association generated $197.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $271.1k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HOUSING TO UNDERGRADUATE CHAPTER AND FELLOWSHIP TO ALUMNI.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE HOUSING TO UNDERGRADUATE CHAPTER AND FELLOWSHIP TO ALUMNI.


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Board, Officers & Key Employees

Name (title)Compensation
John Foote
President
$0
Gordon Whiting
Vice President
$0
Peter Wilhelm
Treasurer
$0
Mark Deangelis
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$10,735
Fundraising events$0
Related organizations$3,630
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$19,365
Total Program Service Revenue$177,000
Investment income $1,468
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 $197,842

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Sigma Chi Of Cornell Alumni Association has recieved totaling $34,254.

Awarding OrganizationAmount
Sigma Chi Fraternity

Ithaca, NY

PURPOSE: EXCESS CHAPTER RESIDUAL GENERAL CONTRIBUTION.

$24,800
Sigma Chi Greystone Foundation Inc

Ithaca, NY

PURPOSE: GRANT TO PROVIDE REPAIRS AND MAINTENANCE TO THE EDUCATION PORTION OF THE HOUSE.

$9,454
View Grant Recipient Profile

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