Sigma Psi Zeta Sorority Inc
- Assets
- $323.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albany, NY
- Founding
- 05/2000
- Data as of
- 12/2022
- EIN
- 22-3665378
Organization Overview
Sigma Psi Zeta Sorority Inc is located in Albany, NY. The organization was established in 2000. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Sigma Psi Zeta Sorority Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Sigma Psi Zeta Sorority Inc generated $158.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $104.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nora Mcglynn National President | 40 | $0 | |
Megan Flaherty VP Of Membership | 40 | $0 | |
Trang Bui VP Of Programming | 40 | $0 | |
Jackie MA VP Of Expansion | 40 | $0 | |
Ann Tran VP Of Finance | 40 | $0 | |
Li-Shin Li VP Of New Member Education | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $80 |
| Total Program Service Revenue | $29,198 |
| Membership dues | $112,789 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$8,634 |
| Other Revenue | $0 |
| Total Revenue | $158,942 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $41,530 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $12,343 |
| Occupancy, rent, utilities, and maintenance | $14 |
| Printing, publications, postage, and shipping | $102 |
| Other expenses | $46,044 |
| Total expenses | $104,333 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $309,950 |
| Other assets | $0 |
| Total assets | $323,539 |
| Total liabilities | $5,177 |
| Net assets or fund balances | $318,362 |