Civic Intelligence

Rhode Island Alpha Chapter of Sigma Alpha Epsilon Fraternity Alumni Assn Inc

EIN 05-0261100 • 501(c)7 • Lincoln, RI

Profile

COLLEGE HOUSING

3 Winterberry RoadLincoln, RI 02865

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)7 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)7 • $1M-$5M nonprofits • Source year 2025

Net Margin

98th percentile

93%

Higher net margin than 98% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)7 • $1M-$5M nonprofits • Source year 2025

Asset Growth

57th percentile

3.8%

Faster asset growth than 57% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

75th percentile

15%

Faster revenue growth than 75% of similar nonprofits.

501(c)7 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,073,995

Up $38,954 (+3.8%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$1,073,995

Up $38,954 (+3.8%) from 2024

Revenue

Up

$42,068

Up $5,451 (+15%) from 2024

Expenses

Up

$3,114

Up $13,569 (+130%) from 2024

Net Income

Down

$38,954

Down $8,118 (-17%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $1,261,318Liabilities 2011: $0Net Assets 2011: $1,261,3182011Assets 2012: $1,293,285Liabilities 2012: $0Net Assets 2012: $1,293,2852012Assets 2013: $1,325,687Liabilities 2013: $0Net Assets 2013: $1,325,6872013Assets 2014: $1,361,146Liabilities 2014: $0Net Assets 2014: $1,361,1462014Assets 2015: $1,442,143Liabilities 2015: $0Net Assets 2015: $1,442,1432015Assets 2016: $1,456,909Liabilities 2016: $0Net Assets 2016: $1,456,9092016Assets 2017: $1,473,545Liabilities 2017: $0Net Assets 2017: $1,473,5452017Assets 2018: $1,457,666Liabilities 2018: $0Net Assets 2018: $1,457,6662018Assets 2019: $1,462,364Liabilities 2019: $0Net Assets 2019: $1,462,3642019Assets 2020: $1,474,562Liabilities 2020: $0Net Assets 2020: $1,474,5622020Assets 2021: $1,486,955Liabilities 2021: $0Net Assets 2021: $1,486,9552021Assets 2022: $956,427Liabilities 2022: $0Net Assets 2022: $956,4272022Assets 2023: $987,969Liabilities 2023: $0Net Assets 2023: $987,9692023Assets 2024: $1,035,041Liabilities 2024: $0Net Assets 2024: $1,035,0412024Assets 2025: $1,073,995Liabilities 2025: $0Net Assets 2025: $1,073,9952025

Highlighted filing

2025

Assets$1,073,995
Liabilities$0
Net Assets$1,073,995

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2011: $61,953Expenses 2011: $39,622Net Income 2011: $22,3312011Expenses 2012: $26,9922012Revenue 2013: $54,446Expenses 2013: $22,044Net Income 2013: $32,4022013Revenue 2014: $64,910Expenses 2014: $29,451Net Income 2014: $35,4592014Revenue 2015: $87,459Expenses 2015: $32,739Net Income 2015: $54,7202015Revenue 2016: $38,818Expenses 2016: $24,052Net Income 2016: $14,7662016Revenue 2017: $34,778Expenses 2017: $18,142Net Income 2017: $16,6362017Revenue 2018: $21,915Expenses 2018: $37,794Net Income 2018: -$15,8792018Revenue 2019: $25,233Expenses 2019: $20,535Net Income 2019: $4,6982019Revenue 2020: $28,951Expenses 2020: $16,753Net Income 2020: $12,1982020Revenue 2021: $25,909Expenses 2021: $13,516Net Income 2021: $12,3932021Revenue 2022: $15,779Expenses 2022: $6,955Net Income 2022: $8,8242022Revenue 2023: $27,822Expenses 2023: -$3,720Net Income 2023: $31,5422023Revenue 2024: $36,617Expenses 2024: -$10,455Net Income 2024: $47,0722024Revenue 2025: $42,068Expenses 2025: $3,114Net Income 2025: $38,9542025

Highlighted filing

2025

Revenue$42,068
Expenses$3,114
Net Income$38,954

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.04$0.00$0.04
2024Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.04$0.01$0.05
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.00$0.99$0.03$0.00$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.02$0.01$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.49$0.00$1.49$0.03$0.01$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.47$0.00$1.47$0.03$0.02$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.03$0.02$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.02$0.04$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.47$0.00$1.47$0.03$0.02$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.04$0.02$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$0.09$0.03$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$0.06$0.03$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.00$1.33$0.05$0.02$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.00$1.29$0.03
2011Summary only. Only limited summary data is available for this year.$1.26$0.00$1.26$0.06$0.04$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2024 to Jul 31, 2025
Signed
Nov 3, 2025
Return Version
2024v5.2
Gross Receipts
$42,068
Mission and Program Overview

Mission

College housing or meeting space for members of the rhode island chapter of sigma alpha epsilon fratrenity.

To promote fraternity camaraderie, social and recreational activities amoung alumni and undergraduate members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,035,041$1,073,995▲ $38,954
Savings and Temporary Cash Investments$967,787$1,009,749▲ $41,962
Cash and Non-Interest-Bearing Accounts$53,015$64,246▲ $11,231
Other Notes and Loans Receivable, Net$14,239--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,035,041$1,073,995▲ $38,954
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,035,041$1,073,995▲ $38,954
Total Liabilities and Net Assets / Fund Balance$1,035,041$1,073,995▲ $38,954
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeffrey S McguirePresident
Ian GannonVice President
David ComerfordSecretary
Ken IavaroneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$42,068
Other Revenue
$0
Change in Net Assets
$38,954
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,114
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses---$2,364
Fees for Services Accounting---$750
Total Functional Expenses$0$0$0$3,114
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

THERE ARE NO COMMITTEES.

Form 990, Part VI, Section B, Line 11B

The organization reviewed the 990.

Form 990, Part VI, Section B, Line 12C

The organization monitors and enforces compliance with policy through meetings and disclosures.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and other financial documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Rhode Island Alpha Chapter of Sigma
EIN
05-0261100
Phone
4015699884
Address
3 WINTERBERRY ROAD, LINCOLN, RI 02865

Signing Officer

Name
Ken Ivarone
Title
Treasurer
Phone
4015699884
Signed
2025-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ken Iavarone
Formed
2008
Legal Domicile
Ri
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
0

Preparer

Firm
Citrin Cooperman Advisors LLC
Address
500 EXCHANGE STREET SUITE 9-100, PROVIDENCE, RI 02903
Preparer
Edward Pieroni
Phone
4014214800
Raw XML Appendix259 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
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IRS990/AnnualDisclosureCoveredPrsnInd01
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IRS990/BooksInCareOfDetail/PhoneNum04015699884
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03 WINTERBERRY ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0LINCOLN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002865
IRS990/BusinessRlnWith35CtrlEntInd00
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IRS990/CashNonInterestBearingGrp/EOYAmt064246
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt042068
IRS990/CYOtherExpensesAmt03114
IRS990/CYOtherRevenueAmt00
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IRS990/CYSalariesCompEmpBnftPaidAmt00
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IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt042068
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0WE HAVE RE-ESTABLISHED THE SIGMA ALPHA EPSILON FRATERNITY AT THE UNIVERSITY OF RHODE ISLAND AND WERE IN THE PROCESS OF BULIDING A NEW CHAPTER HOUSE ON CAMPUS. HOWEVER, DUE TO UNFORSEEN CIRCUMSTANCES DURING THE IMPLEMENTATION OF THE PROJECT, THAT VERSION OF THE PLAN HAS BEEN TERMINATED. THE ORGANIZATION IS THE PROCESS OF REEVALUATING ITS OPTIONS TO HOW BEST MOVE FORWARD.
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IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt0750
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0JEFFREY S MCGUIRE
IRS990/Form990PartVIISectionAGrp/PersonNm1IAN GANNON
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt042068
IRS990/GrossReceiptsForPublicUseAmt00
IRS990/GroupExemptionNum00228
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InitiationFeesAndCapContriAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt042068
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt042068
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LoanOutstandingInd00
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IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd00
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NetUnrelatedBusTxblIncmAmt07414
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
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IRS990/PoliticalCampaignActyInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REVIEWED THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH POLICY THROUGH MEETINGS AND DISCLOSURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND OTHER FINANCIAL DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-03
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ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ALPHA EPSILON FRATERNITY ALUMNI ASSN INC
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ReturnHeader/Filer/EIN0050261100
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CITRIN COOPERMAN ADVISORS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0500 EXCHANGE STREET SUITE 9-100
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ReturnHeader/PreparerPersonGrp/PhoneNum04014214800
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EDWARD PIERONI
ReturnHeader/ReturnTs02025-11-25T15:29:14-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-08-01
ReturnHeader/TaxPeriodEndDt02025-07-31
ReturnHeader/TaxYr02024

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