Sigma Rho Inc
- Assets
- $342.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houghton, MI
- Founding
- 11/1953
- Data as of
- 06/2022
- EIN
- 38-6091453
Organization Overview
Sigma Rho Inc is located in Houghton, MI. The organization was established in 1953. 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 Rho Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2022, Sigma Rho Inc generated $69.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $52.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3
THE FRATERNITY PROMOTES FRIENDSHIP AND WELFARE AMONG ITS MEMBERS BY PROVIDING A PLACE TO LIVE AND BY ORGANIZING VARIOUS SOCIAL EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Levande President | 3 | $0 | |
Bill Dore Vice Preside | 1 | $0 | |
James Legray Vice Preside | 3 | $0 | |
Jon Furlich Treasurer | 3 | $0 | |
Hunter Lewis Secretary | 1 | $0 | |
Trevor Peffley Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,207 |
| Total Program Service Revenue | $0 |
| Membership dues | $39,500 |
| Investment income | $2,093 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,800 |
| 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 | $3,451 |
| Occupancy, rent, utilities, and maintenance | $8,621 |
| Printing, publications, postage, and shipping | $197 |
| Other expenses | $39,852 |
| Total expenses | $52,121 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,700 |
| Other assets | $0 |
| Total assets | $342,413 |
| Total liabilities | $0 |
| Net assets or fund balances | $342,413 |
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