Sigma Alpha Epsilon Fraternity is located in Cedar Falls, IA. The organization was established in 1969. 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 Alpha Epsilon Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Sigma Alpha Epsilon Fraternity generated $106.8k 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 (5.0%) each year. All expenses for the organization totaled $144.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ROOM AND BOARD TO MEMBERS OF THE IOWA CHI CHAPTER OF SIGMA ALPHA EPSILON FRATERNITY AT THE UNIVERSITY OF NORTHERN IOWA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE ROOM AND BOARD TO MEMBERS OF THE IOWA CHI CHAPTER OF SIGMA ALPHA EPSILON FRATERNITY AT THE UNIVERSITY OF NORTHERN IOWA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Craig Crossland Board Secretary | OfficerTrustee | 1 | $0 |
Robert Lee Board Vice President | OfficerTrustee | 1 | $0 |
Jason Pfadenhauer Board Treasurer | OfficerTrustee | 5 | $0 |
Mark Mazzie Board President | OfficerTrustee | 5 | $0 |
Chase Henderson Board Member & Chapter President | Trustee | 5 | $0 |
Nic Jones Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $3,500 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $5,163 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,663 |
Total Program Service Revenue | $96,448 |
Investment income | $12 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $1,726 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $106,849 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $41 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $85,941 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $48,085 |
Insurance | $10,114 |
All other expenses | $0 |
Total functional expenses | $144,181 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,871 |
Savings and temporary cash investments | $1,009 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $325,636 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $334,516 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $40,476 |
Secured mortgages and notes payable | $688,296 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $728,772 |
Net assets without donor restrictions | -$394,256 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $334,516 |
Over the last fiscal year, we have identified 3 grants that Sigma Alpha Epsilon Fraternity has recieved totaling $17,724.
Awarding Organization | Amount |
---|---|
Sigma Alpha Epsilon Foundation Evanston, IL PURPOSE: HOUSE LIBRARY GRANT | $5,908 |
Sigma Alpha Epsilon Foundation Evanston, IL PURPOSE: HOUSE LIBRARY GRANT | $5,908 |
Sigma Alpha Epsilon Foundation Evanston, IL PURPOSE: HOUSE LIBRARY GRANT | $5,908 |
Organization Name | Assets | Revenue |
---|---|---|
Alpha Kappa Alpha Sorority Inc Chicago, IL | $52,441,632 | $51,516,125 |
Alpha Kappa Alpha Sorority Inc Chicago, IL | $69,493,289 | $32,008,594 |
Alpha Phi International Fraternity Inc Chicago, IL | $56,554,412 | $12,398,073 |
Pi Beta Phi Fraternity Town Country, MO | $45,635,121 | $9,219,516 |
Alpha Phi Foundation Inc Park Ridge, IL | $26,651,155 | $5,758,361 |
Educational Foundation Of Alpha Gamma Rho Kansas City, MO | $16,072,489 | $5,767,840 |
Alpha Phi International Fraternity Inc Chicago, IL | $421,200 | $3,656,233 |
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 |
Alpha Phi International Fraternity Inc Chicago, IL | $367,493 | $1,661,589 |