Sigma Phi Epsilon Fraternity Inc is located in Omaha, NE. 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. Sigma Phi Epsilon 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 06/2019, Sigma Phi Epsilon Fraternity Inc generated $69.3k 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 (4.2%) each year. All expenses for the organization totaled $78.2k during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 4 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
2019
Describe the Organization's Program Activity:
Part 3
THE LARGEST MALE FRATERNITY ON U.S. CAMPUSES. OUR MISSION IS BUILDING BALANCED MEN.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dylan Thompson President | 1 | $0 | |
Will Olsen Secretary | 1 | $0 | |
Chase Reed Treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,827 |
| Total Program Service Revenue | $0 |
| Membership dues | $67,459 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,286 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $11,835 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $475 |
| Occupancy, rent, utilities, and maintenance | $19,063 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,054 |
| Total expenses | $78,247 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,220 |
| Other assets | $0 |
| Total assets | $8,105 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,105 |