Sigma Chi Fraternity
- Assets
- $238.5k
- Revenue
- $330.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Bozeman, MT
- Founding
- 10/1960
- Data as of
- 12/2022
- EIN
- 81-0194543
Organization Overview
Sigma Chi Fraternity is located in Bozeman, MT. The organization was established in 1960. 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 Chi Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Sigma Chi Fraternity generated $330.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $324.1k during the year ending 12/2022. While expenses have increased by 6.2% per year over the past 8 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
TO PROVIDE ROOM AND BOARD FOR AFFILIATE STUDENTS A FRATERNAL ORGANIZATION AT MONTANA STATE UNIVERSITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE ROOM AND BOARD FOR AFFILIATED STUDENTS AT MONTANA STATE UNIVERSITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackson Thorn Treasurer | Officer | 15 | $0 |
Bobby Beers President | Officer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $11,979 |
| Fundraising events | $20,297 |
| 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 | $32,276 |
| Total Program Service Revenue | $298,507 |
| Investment income | $86 |
| 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 | $330,869 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $324,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,116 |
| Savings and temporary cash investments | $86,420 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $134,980 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $238,516 |
| Accounts payable and accrued expenses | $38,787 |
| 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 | $0 |
| Total liabilities | $38,787 |
| Net assets without donor restrictions | $0 |
| 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 | $199,729 |
| Total liabilities and net assets/fund balances | $238,516 |
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|---|---|---|
Gamma Phi Beta Sorority Inc Troy, ID | $3,322,518 | $429,970 |
Alpha Gamma Delta Fraternity Moscow, ID | $72,204 | $462,696 |
Pi Sigma Rho Corporation Moscow, ID | $1,268,195 | $440,399 |
Alpha Gamma Delta Fraternity Fargo, ND | $23,646 | $376,626 |
Beta Theta Pi Fraternity Moscow, ID | $153,066 | $415,964 |
Kappa Kappa Gamma Building Co Laramie, WY | $1,571,958 | $348,079 |
Zeta Chi House Corporation Moscow, ID | $646,748 | $346,418 |
Phi Gamma Delta Fraternity Moscow, ID | $77,645 | $377,231 |
Sigma Chi Fraternity Bozeman, MT | $238,516 | $330,869 |
Beta Chi Fraternity Boise, ID | $1,026,663 | $711,935 |
Pi Kappa Alpha Fraternity Polson, MT | $37,614 | $296,751 |
Chi Omega House Corporation Laramie, WY | $749,220 | $273,382 |