Kappa Sigma Fraternity is located in Altoona, IA. The organization was established in 1978. 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. Kappa Sigma Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2022, Kappa Sigma Fraternity generated $90.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $86.6k during the year ending 05/2022. While expenses have increased by 1.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
EXPENSES IN CONNECTION WITH THE RENTAL OF A FRATERNITY HOUSE TO AN EXEMPT SOCIAL FRATERNITY AT IOWA STATE UNIVERSITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rob Hayes Director | 0.5 | $0 | |
Whitey Stange President | 1 | $0 | |
Ed Jones Secretary | 0.5 | $0 | |
Joshua Studebaker Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $90,000 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $90,000 |
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 | $504 |
Occupancy, rent, utilities, and maintenance | $86,000 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $127 |
Total expenses | $86,631 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $19,646 |
Other assets | $0 |
Total assets | $19,646 |
Total liabilities | $0 |
Net assets or fund balances | $19,646 |
Organization Name | Assets | Revenue |
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Alumni Association University Of Nebraska Lincoln, NE | $18,158,198 | $3,537,579 |
Pi Beta Phi Fraterntiy Town Country, MO | $1,016,424 | $3,235,102 |
Alpha Phi International Fraternity Chicago, IL | $317,269 | $2,685,882 |
Omega Enterprises Inc Eba Green Bay, WI | $419,566 | $1,989,091 |
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Alpha Phi International Fraternity Inc Chicago, IL | $358,828 | $1,806,685 |