Sigma Phi Epsilon Fraternity Inc

Organization Overview

Sigma Phi Epsilon Fraternity Inc is located in Nevada, IA. 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)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 07/2021, Sigma Phi Epsilon Fraternity Inc generated $412.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $233.1k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) 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

COLLEGE FRATERNITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

ROOM, BOARD AND SOCIAL ACTIVITIES


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Board, Officers & Key Employees

Name (title)Compensation
Ray Schwichtenberg
President
$0
Andrew Broesder
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$412,586
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$412,586
Total Program Service Revenue$0
Investment income $33
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 $412,619

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