Sigma Chi House Corp Of Dallas is located in McKinney, TX. The organization was established in 1984. 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 Chi House Corp Of Dallas employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sigma Chi House Corp Of Dallas 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 Chi House Corp Of Dallas generated $528.1k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $638.8k during the year ending 06/2022. 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
OPERATION OF ON-CAMPUS BUILDING FOR USE BY COLLEGE CAMPUS FRATERNITY CHAPTER FOR RESIDENCE, STUDY, MEETING, MEAL SERVICES AND SOCIAL PURPOSES AND ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SIGMA CHI FRATERNITY ON SOUTHERN METHODIST UNIVERSITY CAMPUS IN DALLAS, TX BUILDING OPERATION, MAINTENANCE AND REPAIR WHERE MEMBERS LIVE, STUDY, EAT AND MEET FOR SOCIAL PURPOSES AND ACTIVITIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ad Feist Member | Trustee | 1 | $0 |
Sj Gumble Assistant Treasurer | OfficerTrustee | 5 | $0 |
Carlos Luis Garcia Treasurer | OfficerTrustee | 5 | $0 |
MD Barbour Vice President | OfficerTrustee | 10 | $0 |
Na Buck Member | Trustee | 1 | $0 |
Lp Hunt Member | Trustee | 1 | $0 |
| 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $525,469 |
| Investment income | $1,217 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $528,059 |
| 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 | $114,190 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,442 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,734 |
| 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 | $16,387 |
| Information technology | $2,476 |
| Royalties | $0 |
| Occupancy | $177,902 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,542 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,411 |
| Insurance | $34,979 |
| All other expenses | $0 |
| Total functional expenses | $638,840 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,747 |
| Savings and temporary cash investments | $443,381 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,892 |
| 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 | $272,377 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $20 |
| Other assets | $0 |
| Total assets | $761,417 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $417,412 |
| Total liabilities | $417,412 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | -$781,074 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,125,079 |
| Total liabilities and net assets/fund balances | $761,417 |