Civic Intelligence

Sigma Chi Fraternity

990 • Fiscal year 2021 • EIN 41-0538594

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 10, 2021

Organization ProfileSIGMACHIUMN.COM
2221 University Ave SE Ste 111Minneapolis, MN 55414

(612) 624-5015

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.15x

Higher debt load relative to assets than 78% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

67th percentile

0.04x

Higher debt load relative to revenue than 67% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Net Margin

44th percentile

2.6%

Higher net margin than 44% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Asset Growth

21st percentile

-11%

Faster asset growth than 21% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

54th percentile

9.7%

Faster revenue growth than 54% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets78th percentile

Assets

Down

$120,595

Down $14,235 (-11%) from 2020

Net Assets

Up

$103,007

Up $11,553 (+13%) from 2020

Liabilities

Down

$17,588

Down $25,788 (-59%) from 2020

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin44th percentile

Revenue

Up

$442,012

Up $39,146 (+9.7%) from 2020

Expenses

Down

$430,459

Down $3,248 (-0.7%) from 2020

Net Income

Up

$11,553

Up $42,394 (+137%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$100K$0-$100KAssets 2011: $40,284Liabilities 2011: $75,035Net Assets 2011: -$34,7512011Assets 2012: $57,066Liabilities 2012: $87,665Net Assets 2012: -$30,5992012Assets 2013: $57,083Liabilities 2013: $47,554Net Assets 2013: $9,5292013Assets 2014: $83,109Liabilities 2014: $51,692Net Assets 2014: $31,4172014Assets 2015: $129,419Liabilities 2015: $67,986Net Assets 2015: $61,4332015Assets 2016: $113,833Liabilities 2016: $20,274Net Assets 2016: $93,5592016Assets 2017: $110,375Liabilities 2017: $11,987Net Assets 2017: $98,3882017Assets 2018: $126,784Liabilities 2018: $22,838Net Assets 2018: $103,9462018Assets 2019: $198,900Liabilities 2019: $76,606Net Assets 2019: $122,2942019Assets 2020: $134,830Liabilities 2020: $43,376Net Assets 2020: $91,4542020Assets 2021: $120,595Liabilities 2021: $17,588Net Assets 2021: $103,0072021Assets 2022: $88,169Liabilities 2022: $43,513Net Assets 2022: $44,6562022Assets 2023: $98,225Liabilities 2023: $32,662Net Assets 2023: $65,5632023Assets 2024: $112,790Liabilities 2024: $28,379Net Assets 2024: $84,4112024Assets 2025: $133,359Liabilities 2025: $42,946Net Assets 2025: $90,4132025

Highlighted filing

2021

Assets$120,595
Liabilities$17,588
Net Assets$103,007
Open 2021 Filing

Operations Trend

Revenue Growth54th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2011: $275,644Expenses 2011: $287,012Net Income 2011: -$11,3682011Revenue 2012: $342,338Expenses 2012: $338,186Net Income 2012: $4,1522012Revenue 2013: $415,316Expenses 2013: $375,189Net Income 2013: $40,1272013Revenue 2014: $452,142Expenses 2014: $430,254Net Income 2014: $21,8882014Revenue 2015: $511,548Expenses 2015: $481,531Net Income 2015: $30,0172015Revenue 2016: $471,325Expenses 2016: $439,199Net Income 2016: $32,1262016Revenue 2017: $482,014Expenses 2017: $477,184Net Income 2017: $4,8302017Revenue 2018: $507,971Expenses 2018: $502,413Net Income 2018: $5,5582018Revenue 2019: $556,276Expenses 2019: $537,928Net Income 2019: $18,3482019Revenue 2020: $402,866Expenses 2020: $433,707Net Income 2020: -$30,8412020Revenue 2021: $442,012Expenses 2021: $430,459Net Income 2021: $11,5532021Revenue 2022: $515,786Expenses 2022: $574,137Net Income 2022: -$58,3512022Revenue 2023: $620,723Expenses 2023: $599,817Net Income 2023: $20,9062023Revenue 2024: $580,587Expenses 2024: $561,738Net Income 2024: $18,8492024Revenue 2025: $676,758Expenses 2025: $670,757Net Income 2025: $6,0012025

Highlighted filing

2021

Revenue$442,012
Expenses$430,459
Net Income$11,553
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 10, 2021
Return Version
2020v4.0
Gross Receipts
$442,037
Mission and Program Overview

Mission

Social club providing collegiate fraternity housing activites and environment

Social club providing collegiate fraternity housing, activities and environment

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$91,454$103,007▲ $11,553
Cash and Non-Interest-Bearing Accounts$85,118$62,256▼ $22,862
Savings and Temporary Cash Investments$20,042$20,046▲ $4
Accounts Receivable$3,457$13,993▲ $10,536
Land, Buildings, and Equipment, Net$4,873$3,789▼ $1,084
Investments Program Related$4,225$3,496▼ $729
Prepaid Expenses and Deferred Charges$2,815$2,815→ $0
Inventories for Sale or Use$500$400▼ $100
Total Assets$134,830$120,595▼ $14,235
Other Assets Total$13,800$13,800→ $0
Liabilities
Other Liabilities$4,500$15,000▲ $10,500
Accounts Payable and Accrued Expenses$38,876$1,888▼ $36,988
Deferred Revenue-$700-
Total Liabilities$43,376$17,588▼ $25,788
Net Assets / Fund Balance
Total Net Assets Fund Balance$91,454$103,007▲ $11,553
Total Liabilities and Net Assets / Fund Balance$134,830$120,595▼ $14,235

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,789$3,791-
Other Assets Org$10,000--
Compensation and Service Providers
Top Officer Pay93rd percentile

Board Members and Trustees

NameTitle
Will SherrySocial Chair
Ty CimaglioPresident
Jaden WelbornVice President
Drew PellinAlumni Relatio
Mitchell WheelNew Member Ed
Parking KingPhilanthropy
Sam DubbePhilanthropy
Aj AnelloRecruitment
Sam FerreiraRecruitment
Zach ToussaintRecruitment
Hunter LewisRisk Mgr
Cooper FalteisScholarship
Nathan TreckerSecretary
Izak HofstadTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$331
Program Service Revenue
$440,146
Investment Income
$232
Other Revenue
$1,303
All Other Contributions
$331
Change in Net Assets
$11,553
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$390,914
Salaries, Compensation, and Employee Benefits$39,545
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$251,213--$251,213
Other Expenses$104,815--$104,815
Other Salaries and Wages$34,300--$34,300
Insurance$12,343--$12,343
Payments to Affiliates$10,693--$10,693
Fees for Services Accounting$8,050--$8,050
Payroll Taxes$5,245--$5,245
Depreciation Depletion$1,083--$1,083
Conferences and Meetings$950--$950
Office Expenses$715--$715
Advertising$236--$236
Total Functional Expenses$430,459$0$0$430,459
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$100
Fundraising Direct Expenses$25
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Security Deposits$15,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Part VI, Section B Policies

“Form 990 is reviewed by the treasurer before it is signed and filed with the irs.”

Filing and Contact Details

Filer

Filer Name
Sigma Chi Fraternity
EIN
41-0538594
Address
2221 UNIVERSITY AVE SE STE 111, Minneapolis, MN 55414

Signing Officer

Name
Izak Hofstad
Title
Quaestor
Signed
2021-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Izak Hofstad
Legal Domicile
Mn
Voting Board Members
96
Independent Board Members
96
Employees
1
Volunteers
96

Preparer

Firm
Fraternity Purchasing Associ
Address
2221 UNIVERSITY AVE SE STE 111, MINNEAPOLIS, MN 55414
Preparer
Michelle Ballensky
Phone
6126245015
Raw XML Appendix398 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt038876
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01888
IRS990/AccountsReceivableGrp/BOYAmt03457
IRS990/AccountsReceivableGrp/EOYAmt013993
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SOCIAL CLUB PROVIDING COLLEGIATE FRATERNITY HOUSING, ACTIVITIES AND ENVIRONMENT
IRS990/AdvertisingGrp/ProgramServicesAmt0236
IRS990/AdvertisingGrp/TotalAmt0236
IRS990/AllOtherContributionsAmt0331
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0FRATERNITY PURCHASING
IRS990/BooksInCareOfDetail/PhoneNum06126245015
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02221 UNIVERSITY
IRS990/BooksInCareOfDetail/USAddress/CityNm0MINNEAPOLIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055414
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt085118
IRS990/CashNonInterestBearingGrp/EOYAmt062256
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0950
IRS990/ConferencesMeetingsGrp/TotalAmt0950
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0331
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0232
IRS990/CYOtherExpensesAmt0390914
IRS990/CYOtherRevenueAmt01303
IRS990/CYProgramServiceRevenueAmt0440146
IRS990/CYRevenuesLessExpensesAmt011553
IRS990/CYSalariesCompEmpBnftPaidAmt039545
IRS990/CYTotalExpensesAmt0430459
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0442012
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt0700
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01083
IRS990/DepreciationDepletionGrp/TotalAmt01083
IRS990/Desc0MEMBERSHIP CONSISTED OF 80 MALE UNDERGRADUATE STUDENTS ATTENDING THE
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt08050
IRS990/FeesForServicesAccountingGrp/TotalAmt08050
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt38
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt47
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd13X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0TY CIMAGLIO
IRS990/Form990PartVIISectionAGrp/PersonNm1JADEN WELBORN
IRS990/Form990PartVIISectionAGrp/PersonNm2NATHAN TRECKER
IRS990/Form990PartVIISectionAGrp/PersonNm3IZAK HOFSTAD
IRS990/Form990PartVIISectionAGrp/PersonNm4MITCHELL WHEEL
IRS990/Form990PartVIISectionAGrp/PersonNm5HUNTER LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm6COOPER FALTEIS
IRS990/Form990PartVIISectionAGrp/PersonNm7WILL SHERRY
IRS990/Form990PartVIISectionAGrp/PersonNm8DREW PELLIN
IRS990/Form990PartVIISectionAGrp/PersonNm9PARKING KING
IRS990/Form990PartVIISectionAGrp/PersonNm10SAM DUBBE
IRS990/Form990PartVIISectionAGrp/PersonNm11AJ ANELLO
IRS990/Form990PartVIISectionAGrp/PersonNm12SAM FERREIRA
IRS990/Form990PartVIISectionAGrp/PersonNm13ZACH TOUSSAINT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4NEW MEMBER ED
IRS990/Form990PartVIISectionAGrp/TitleTxt5RISK MGR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SCHOLARSHIP
IRS990/Form990PartVIISectionAGrp/TitleTxt7SOCIAL CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8ALUMNI RELATIO
IRS990/Form990PartVIISectionAGrp/TitleTxt9PHILANTHROPY
IRS990/Form990PartVIISectionAGrp/TitleTxt10PHILANTHROPY
IRS990/Form990PartVIISectionAGrp/TitleTxt11RECRUITMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12RECRUITMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13RECRUITMENT
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt025
IRS990/FundraisingGrossIncomeAmt0100
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt096
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0442037
IRS990/GrossReceiptsForPublicUseAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt096
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InitiationFeesAndCapContriAmt00
IRS990/InsuranceGrp/ProgramServicesAmt012343
IRS990/InsuranceGrp/TotalAmt012343
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0500
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0400
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0232
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0232
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt04225
IRS990/InvestmentsProgramRelatedGrp/EOYAmt03496
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03791
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04873
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03789
IRS990/LandBldgEquipCostOrOtherBssAmt07580
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SOCIAL CLUB PROVIDING COLLEGIATE FRATERNITY HOUSING ACTIVITES AND ENVIRONMENT
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt091454
IRS990/NetAssetsOrFundBalancesEOYAmt0103007
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt075
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt075
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0251213
IRS990/OccupancyGrp/TotalAmt0251213
IRS990/OfficeExpensesGrp/ProgramServicesAmt0715
IRS990/OfficeExpensesGrp/TotalAmt0715
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt013800
IRS990/OtherAssetsTotalGrp/EOYAmt013800
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1DISBURSE FOR MBRS
IRS990/OtherExpensesGrp/ProgramServicesAmt0816
IRS990/OtherExpensesGrp/ProgramServicesAmt1104815
IRS990/OtherExpensesGrp/TotalAmt0816
IRS990/OtherExpensesGrp/TotalAmt1104815
IRS990/OtherLiabilitiesGrp/BOYAmt04500
IRS990/OtherLiabilitiesGrp/EOYAmt015000
IRS990/OtherOrganizationDsc0SOCIAL
IRS990/OtherRevenueMiscGrp/BusinessCd0813410
IRS990/OtherRevenueMiscGrp/BusinessCd1813410
IRS990/OtherRevenueMiscGrp/Desc0FINES
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0940
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1288
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0940
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1288
IRS990/OtherRevenueTotalAmt01228
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt034300
IRS990/OtherSalariesAndWagesGrp/TotalAmt034300
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt010693
IRS990/PaymentsToAffiliatesGrp/TotalAmt010693
IRS990/PayrollTaxesGrp/ProgramServicesAmt05245
IRS990/PayrollTaxesGrp/TotalAmt05245
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt091454
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0103007
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02815
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02815
IRS990/PrincipalOfficerNm0IZAK HOFSTAD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0721310
IRS990/ProgramServiceRevenueGrp/BusinessCd1813410
IRS990/ProgramServiceRevenueGrp/BusinessCd2813410
IRS990/ProgramServiceRevenueGrp/Desc0RENT,BOARD
IRS990/ProgramServiceRevenueGrp/Desc1CHAPTER DUES
IRS990/ProgramServiceRevenueGrp/Desc2SOCIAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0363497
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt139180
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt237469
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0363497
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt139180
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt237469
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0406
IRS990/PYOtherExpensesAmt0400718
IRS990/PYOtherRevenueAmt03580
IRS990/PYProgramServiceRevenueAmt0398880
IRS990/PYRevenuesLessExpensesAmt0-30841
IRS990/PYSalariesCompEmpBnftPaidAmt032989
IRS990/PYTotalExpensesAmt0433707
IRS990/PYTotalRevenueAmt0402866
IRS990/ReconcilationRevenueExpnssAmt011553
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt020042
IRS990/SavingsAndTempCashInvstGrp/EOYAmt020046
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt03789
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03791
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt07580
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03800
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt110000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0FPA ADVANCE DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SIGMA CHI BUILDING ASSN SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03789
IRS990ScheduleD/TotalBookValueOtherAssetsAmt013800
IRS990ScheduleD/TotalLiabilityAmt015000
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE TREASURER BEFORE IT IS SIGNED AND FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI, SECTION B POLICIES
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0134830
IRS990/TotalAssetsEOYAmt0120595
IRS990/TotalAssetsGrp/BOYAmt0134830
IRS990/TotalAssetsGrp/EOYAmt0120595
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0331
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0430459
IRS990/TotalFunctionalExpensesGrp/TotalAmt0430459
IRS990/TotalGrossUBIAmt0307
IRS990/TotalLiabilitiesBOYAmt043376
IRS990/TotalLiabilitiesEOYAmt017588
IRS990/TotalLiabilitiesGrp/BOYAmt043376
IRS990/TotalLiabilitiesGrp/EOYAmt017588
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt091454
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0103007
IRS990/TotalProgramServiceRevenueAmt0440146
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0441374
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0442012
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0307
IRS990/TotalVolunteersCnt096
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0134830
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0120595
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt01623 UNIVERSITY AVE SE
IRS990/USAddress/CityNm0MINNEAPOLIS
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055414
IRS990/VotingMembersGoverningBodyCnt096
IRS990/VotingMembersIndependentCnt096
IRS990/WebsiteAddressTxt0SIGMACHIUMN.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0IZAK HOFSTAD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0QUAESTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SIGMA CHI FRATERNITY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ALPHA SIGMA CHAPTER UNIV OF MIN
ReturnHeader/Filer/BusinessNameControlTxt0SIGM
ReturnHeader/Filer/EIN0410538594
ReturnHeader/Filer/USAddress/AddressLine1Txt02221 UNIVERSITY AVE SE STE 111
ReturnHeader/Filer/USAddress/CityNm0Minneapolis
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055414
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410265424
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRATERNITY PURCHASING ASSOCI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02221 UNIVERSITY AVE SE STE 111
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINNEAPOLIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055414
ReturnHeader/PreparerPersonGrp/PhoneNum06126245015
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHELLE BALLENSKY
ReturnHeader/ReturnTs02021-11-10T15:24:50-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0IZAK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HOFSTAD
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$120,595
Liabilities
$17,588
Net assets
$103,007
Revenue
$442,012
Expenses
$430,459
Net income
$11,553
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.43$0.90$6.77$6.71$0.06
2024Detailed filing. Detailed filing data is available for this year.$1.13$0.28$0.84$5.81$5.62$0.19
2023Detailed filing. Detailed filing data is available for this year.$0.98$0.33$0.66$6.21$6.00$0.21
2022Detailed filing. Detailed filing data is available for this year.$0.88$0.44$0.45$5.16$5.74$0.58
2021Detailed filing. Detailed filing data is available for this year.$1.21$0.18$1.03$4.42$4.30$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.35$0.43$0.91$4.03$4.34$0.31
2019Summary only. Only limited summary data is available for this year.$1.99$0.77$1.22$5.56$5.38$0.18
2018Summary only. Only limited summary data is available for this year.$1.27$0.23$1.04$5.08$5.02$0.06
2017Summary only. Only limited summary data is available for this year.$1.10$0.12$0.98$4.82$4.77$0.05
2016Summary only. Only limited summary data is available for this year.$1.14$0.20$0.94$4.71$4.39$0.32
2015Summary only. Only limited summary data is available for this year.$1.29$0.68$0.61$5.12$4.82$0.30
2014Summary only. Only limited summary data is available for this year.$0.83$0.52$0.31$4.52$4.30$0.22
2013Summary only. Only limited summary data is available for this year.$0.57$0.48$0.10$4.15$3.75$0.40
2012Summary only. Only limited summary data is available for this year.$0.57$0.88$0.31$3.42$3.38$0.04
2011Summary only. Only limited summary data is available for this year.$0.40$0.75$0.35$2.76$2.87$0.11