Sigma Tau Gamma Fraternity
- Assets
- $5.1m
- Revenue
- $4.0m
- Investments
- $37.5k
- Employees
- 13
- Location
- Indianapolis, IN
- Founding
- 03/1950
- Data as of
- 06/2022
- EIN
- 43-0689936
Organization Overview
Sigma Tau Gamma Fraternity is located in Indianapolis, IN. The organization was established in 1950. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. As of 06/2022, Sigma Tau Gamma Fraternity employed 13 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Sigma Tau Gamma Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2022, Sigma Tau Gamma Fraternity generated $4.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $3.8m during the year ending 06/2022. While expenses have increased by 9.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE SOCIAL, LEADERSHIP AND CHARACTER BUILDING PROGRAMS OF COLLEGE BASED FRATERNAL ASSOCIATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FACILITATE FRATERNAL ASSOCIATIONS AMONGST APPROXIMATELY 3,000 STUDENTS AND 66,000 ALUMNI MEMBERS THROUGH RECORD MAINTENANCE, PERIODICAL PRINT AND ELECTRONIC PUBLICATIONS, COORDINATION OF VOLUNTEER SERVICES, AND MANAGEMENT OF CONVENTION AND REGIONAL CONCLAVES.
ADVANCE THE ORGANIZATIONAL STANDARDS THROUGH MANUALS AND INSTRUCTION THAT TEACH TRADITIONS AND IDEALS, ORGANIZATIONAL MANAGEMENT AND LEADERSHIP, VISION AND GOALS.
SUPPORT CITIZENSHIIP, LEADERSHIP, SCHOLARSHIP, SERVICE AND BROTHERHOOD PROGRAMMING WITH MANUALS, SEMINARS, STAFF CONSULTATION VISITS, THE SAGA MAGAZINE, ORGANIZATIONAL WEBSITE, AWARDS AND RECOGNITION.
TO PROVIDE CHAPTER HOUSING THROUGH OWNERSHIP AND OR MANAGEMENT OF PROPERTIES VIA ITS WHOLLY OWNED SUBSIDIARY, WPN, LLC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vanessa Ryan Chief Executive Officer | Officer | 40 | $116,298 |
Jim Johnston President | OfficerTrustee | 10 | $0 |
Jeremy Daus President Elect | OfficerTrustee | 2 | $0 |
Joe Gallo Director | Trustee | 2 | $0 |
Paul Phillips Director | Trustee | 2 | $0 |
Alyx Parker Sr Past President | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $82,750 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,750 |
| Total Program Service Revenue | $3,725,283 |
| Investment income | $9,997 |
| Tax Exempt Bond Proceeds | $4 |
| Royalties | $20,395 |
| Net Rental Income | $3,376 |
| Net Gain/Loss on Asset Sales | -$4,565 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $6,951 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,953,336 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $110,511 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $494,872 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,631 |
| Payroll taxes | $44,748 |
| Fees for services: Management | $5,463 |
| Fees for services: Legal | $66,064 |
| Fees for services: Accounting | $13,055 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,435 |
| Fees for services: Other | $25,752 |
| Advertising and promotion | $1,785 |
| Office expenses | $8,167 |
| Information technology | $72,424 |
| Royalties | $0 |
| Occupancy | $1,646,077 |
| Travel | $38,809 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $453,099 |
| Interest | $144,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $156,803 |
| Insurance | $214,759 |
| All other expenses | $19,810 |
| Total functional expenses | $3,791,340 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $279,511 |
| Savings and temporary cash investments | $286,367 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $301,458 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $26,651 |
| Prepaid expenses and deferred charges | $90,521 |
| Net Land, buildings, and equipment | $2,979,611 |
| Investments—publicly traded securities | $1,056,851 |
| Investments—other securities | $37,537 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,058,507 |
| Accounts payable and accrued expenses | $278,328 |
| Grants payable | $0 |
| Deferred revenue | $57,908 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,844,107 |
| Unsecured mortgages and notes payable | $592,560 |
| Other liabilities | $1,043,428 |
| Total liabilities | $3,816,331 |
| Net assets without donor restrictions | $1,242,176 |
| 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 | $5,058,507 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sigma Theta Tau International Inc Indianapolis, IN | $54,290,357 | $14,050,020 |
Alpha Xi Delta Fraternity Indianapolis, IN | $11,173,738 | $8,227,558 |
Alpha Phi International Fraternity Inc Chicago, IL | $56,554,412 | $12,398,073 |
Esponda Associates Inc Indianapolis, IN | $35,625,730 | $7,839,159 |
Pi Beta Phi Fraternity Town Country, MO | $45,635,121 | $9,219,516 |
Alpha Gamma Delta Fraternity Indianapolis, IN | $13,038,202 | $5,499,858 |
Alpha Chi Omega Foundation Inc Indianapolis, IN | $28,935,274 | $7,451,164 |
Alpha Phi Foundation Inc Park Ridge, IL | $26,651,155 | $5,758,361 |
Sigma Tau Gamma Fraternity Indianapolis, IN | $5,058,507 | $3,953,336 |
Educational Foundation Of Alpha Gamma Rho Kansas City, MO | $16,072,489 | $5,767,840 |
Delta Tau Delta Educational Foundation Inc Fishers, IN | $27,163,598 | $7,019,094 |
Alpha Phi International Fraternity Inc Chicago, IL | $421,200 | $3,656,233 |