Alpha Sigma Chapter House Corporation is located in Phoenix, AZ.
For the year ending 12/2021, Alpha Sigma Chapter House Corporation generated $56.2k 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 (13.7%) each year. All expenses for the organization totaled $66.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
A LEASE WAS RENEWED FOR A LODGING FACILITY THAT HOUSES 23 FRATERNITY MEMBERS AND PROVIDES MEETING FACILITIES FOR THE ASSOCIATION. MEMBERS PAY RENT TO THE CORPORATION WHICH PAYS THE FACILITY MASTER LEASE, AND MAINTENANCE EXPENSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christopher Berg President | 1 | $0 | |
David R Watkins Vice President | 1 | $0 | |
Craig Roth Secretary | 1 | $0 | |
Charles A Gnecco Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $56,150 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $56,150 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $64,529 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,920 |
Total expenses | $66,449 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $19,871 |
Other assets | $0 |
Total assets | $24,921 |
Total liabilities | $26,696 |
Net assets or fund balances | -$1,775 |