Civic Intelligence

Sigma Chi Fraternity

990 • Fiscal year 2025 • EIN 41-0538594

Jul 01, 2024 to Jun 30, 2025 • Filed on Nov 05, 2025

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

79th percentile

0.32x

Higher debt load relative to assets than 79% of similar nonprofits.

2025 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

59th percentile

0.06x

Higher debt load relative to revenue than 59% of similar nonprofits.

2025 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2025

Net Margin

38th percentile

0.9%

Higher net margin than 38% of similar nonprofits.

2025 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

2025 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2025

Asset Growth

79th percentile

18%

Faster asset growth than 79% of similar nonprofits.

2025 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

77th percentile

17%

Faster revenue growth than 77% of similar nonprofits.

2025 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$133,359

Up $20,569 (+18%) from 2024

Net Assets

Up

$90,413

Up $6,002 (+7.1%) from 2024

Liabilities

Up

$42,946

Up $14,567 (+51%) from 2024

Revenue

Up

$676,758

Up $96,171 (+17%) from 2024

Expenses

Up

$670,757

Up $109,019 (+19%) from 2024

Net Income

Down

$6,001

Down $12,848 (-68%) from 2024

Historical Trend

Balance Sheet Trend

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

2025

Assets$133,359
Liabilities$42,946
Net Assets$90,413

Operations Trend

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

2025

Revenue$676,758
Expenses$670,757
Net Income$6,001
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 5, 2025
Return Version
2024v5.2
Gross Receipts
$676,788
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
Rtn Earn Endowment Incm Other Fnds$84,411$90,413▲ $6,002
Accounts Receivable$55,730$58,233▲ $2,503
Savings and Temporary Cash Investments$16,044$26,050▲ $10,006
Cash and Non-Interest-Bearing Accounts$19,042$25,499▲ $6,457
Land, Buildings, and Equipment, Net$4,972$5,694▲ $722
Investments Program Related$4,502$5,383▲ $881
Inventories for Sale or Use$500$500→ $0
Total Assets$112,790$133,359▲ $20,569
Other Assets Total$12,000$12,000→ $0
Liabilities
Other Liabilities$26,000$34,000▲ $8,000
Accounts Payable and Accrued Expenses$1,452$7,146▲ $5,694
Deferred Revenue$927$1,800▲ $873
Total Liabilities$28,379$42,946▲ $14,567
Net Assets / Fund Balance
Total Net Assets Fund Balance$84,411$90,413▲ $6,002
Total Liabilities and Net Assets / Fund Balance$112,790$133,359▲ $20,569

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$5,383--
Equipment$5,694$8,525-
Other Assets Org$10,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Max JohnsonPresident
Quinn KoszarekVice-president
Fawzi AbujamraAlumni Relations
Luke HupprichBrotherhood
Frank WeidNew Member Education
Gus GleichPhilanthropy
Henry SmithPhilanthropy
Joshua James BlissRecruitment
Keegan MeadowsRecruitment
Peter SullivanRecruitment
Ryan LongRisk Manager
Oskar AndersonScholarship
Sam HaddadSecretary
Carson FrokeSenior Engagement
Jackson FirstSenior Engagement
George BjellosSocial
Thomas ReitsmaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$671,010
Investment Income
$1,235
Other Revenue
$4,513
Change in Net Assets
$6,001
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$619,576
Salaries, Compensation, and Employee Benefits$50,679
Grants and Similar Amounts Paid$502
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$299,344$0$0$299,344
Other Salaries and Wages$45,902$0$0$45,902
Insurance$25,815$0$0$25,815
Other Expenses$9,986$0$0$9,986
Fees for Services Accounting$9,086$0$0$9,086
Payments to Affiliates$7,735$0$0$7,735
Payroll Taxes$4,777$0$0$4,777
Conferences and Meetings$2,249$0$0$2,249
Office Expenses$1,681$0$0$1,681
Depreciation Depletion$1,310$0$0$1,310
Grants to Domestic Individuals$502--$502
Total Functional Expenses$670,757$0$0$670,757
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$714
Fundraising Direct Expenses$30
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Member Security Deposits$34,000
Governance and Compliance

Governance Checklist

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

Filer

Filer Name
Sigma Chi Fraternity
EIN
41-0538594
Phone
6126245015
Address
2221 UNIVERSITY AVE SE STE 111, MINNEAPOLIS, MN 55414

Signing Officer

Name
Thomas Reitsma
Title
Treasurer
Phone
6126245015
Signed
2025-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Oskar Anderson
Formed
1888
Legal Domicile
Mn
Voting Board Members
17
Independent Board Members
17
Employees
1
Volunteers
19

Preparer

Firm
Fraternity Purchasing Association
Address
2221 University Ave SE Ste 11, Minneapolis, MN 55414
Preparer
Michelle Ballensky
Phone
6126245015
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

The organization has members

Pt VI, Line 7A

The members have the right to elect the governing board of the organization

Pt VI, Line 11B

The treasurer reviews the 990 before signing and filing

Pt VI, Line 19

Governing documents and financial statements are made available to the public upon request.

Pt VI, Line 7B

Yes, there are certain decisions that the entire membership has the right to vote on. These include decisions about bylaw amendments,officer positions, etc.

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IRS990/MissionDesc0SOCIAL CLUB PROVIDING COLLEGIATE FRATERNITY HOUSING, ACTIVITIES, AND ENVIRONMENT
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt084411
IRS990/NetAssetsOrFundBalancesEOYAmt090413
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0684
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt0684
IRS990/NetUnrelatedBusTxblIncmAmt0687
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt0299344
IRS990/OccupancyGrp/TotalAmt0299344
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt01681
IRS990/OfficeExpensesGrp/TotalAmt01681
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt012000
IRS990/OtherAssetsTotalGrp/EOYAmt012000
IRS990/OtherChangesInNetAssetsAmt01
IRS990/OtherExpensesGrp/Desc0DISBURSEMENTS FOR MEMBERS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt0261769
IRS990/OtherExpensesGrp/ProgramServicesAmt1601
IRS990/OtherExpensesGrp/ProgramServicesAmt29986
IRS990/OtherExpensesGrp/TotalAmt0261769
IRS990/OtherExpensesGrp/TotalAmt1601
IRS990/OtherExpensesGrp/TotalAmt29986
IRS990/OtherLiabilitiesGrp/BOYAmt026000
IRS990/OtherLiabilitiesGrp/EOYAmt034000
IRS990/OtherRevenueMiscGrp/BusinessCd0813410
IRS990/OtherRevenueMiscGrp/BusinessCd1813410
IRS990/OtherRevenueMiscGrp/Desc0FINES/MISC
IRS990/OtherRevenueMiscGrp/Desc1RECOVERY OF BAD DEBT
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0616
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt13213
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0616
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13213
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueTotalAmt03829
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt045902
IRS990/OtherSalariesAndWagesGrp/TotalAmt045902
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt07735
IRS990/PaymentsToAffiliatesGrp/TotalAmt07735
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt04777
IRS990/PayrollTaxesGrp/TotalAmt04777
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0OSKAR ANDERSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0721310
IRS990/ProgramServiceRevenueGrp/BusinessCd1813410
IRS990/ProgramServiceRevenueGrp/BusinessCd2813410
IRS990/ProgramServiceRevenueGrp/Desc0RENT, BOARD
IRS990/ProgramServiceRevenueGrp/Desc1CHAPTER DUES
IRS990/ProgramServiceRevenueGrp/Desc2SOCIAL/ACTIVITIES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0487428
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1109900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt273682
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02437
IRS990/PYGrantsAndSimilarPaidAmt02636
IRS990/PYInvestmentIncomeAmt0223
IRS990/PYOtherExpensesAmt0510744
IRS990/PYOtherRevenueAmt010382
IRS990/PYProgramServiceRevenueAmt0567545
IRS990/PYRevenuesLessExpensesAmt018849
IRS990/PYSalariesCompEmpBnftPaidAmt048358
IRS990/PYTotalExpensesAmt0561738
IRS990/PYTotalRevenueAmt0580587
IRS990/ReconcilationRevenueExpnssAmt06001
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt084411
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt090413
IRS990/SavingsAndTempCashInvstGrp/BOYAmt016044
IRS990/SavingsAndTempCashInvstGrp/EOYAmt026050
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt05694
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08525
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt014219
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt05383
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0FPA STOCK/EQUITY
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt110000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0FPA REFUNDABLE DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSIT- HOUSE CORPORATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt034000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MEMBER SECURITY DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05694
IRS990ScheduleD/TotalBookValueOtherAssetsAmt012000
IRS990ScheduleD/TotalBookValueProgramRltdAmt05383
IRS990ScheduleD/TotalLiabilityAmt034000
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS HAVE THE RIGHT TO ELECT THE GOVERNING BOARD OF THE ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TREASURER REVIEWS THE 990 BEFORE SIGNING AND FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4YES, THERE ARE CERTAIN DECISIONS THAT THE ENTIRE MEMBERSHIP HAS THE RIGHT TO VOTE ON. THESE INCLUDE DECISIONS ABOUT BYLAW AMENDMENTS,OFFICER POSITIONS, ETC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 7b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0112790
IRS990/TotalAssetsEOYAmt0133359
IRS990/TotalAssetsGrp/BOYAmt0112790
IRS990/TotalAssetsGrp/EOYAmt0133359
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0670757
IRS990/TotalFunctionalExpensesGrp/TotalAmt0670757

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Filings

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