Alpha Sigma Phi Fraternity Inc is located in Amherst, MA. 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. Alpha Sigma Phi 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 06/2022, Alpha Sigma Phi Fraternity Inc generated $74.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $74.8k during the year ending 06/2022. 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
PROVIDED MEALS, HOUSING AND SOCIAL PROGRAMS FOR THE LOCAL SOCIAL FRATERNITY MEMBERS - TOTAL OF 77 MEMBERS FOR THE YEAR.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Matt Power President (start May 22) | 10 | $0 | |
| Mike Turner President (end April 22) | 10 | $0 | |
| John Ortiz Vice President (start May 22) | 10 | $0 | |
| Gage Spanknebel Vice President (end April 22) | 10 | $0 | |
| Jacob Nordstrom VP Of Finance (start May 22) | 10 | $0 | |
| Noah White VP Of Finance (end April 22) | 10 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $550 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $73,636 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $74,186 | 
| 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 | $1,944 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $32,093 | 
| Total expenses | $74,782 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,235 | 
| Other assets | $0 | 
| Total assets | $2,235 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $2,235 |