Civic Intelligence

Nu Sigma Nu Alumni Association Inc

990EZ • Fiscal year 2022 • EIN 41-0886751

Apr 01, 2021 to Mar 31, 2022 • Filed on Jun 21, 2022

Organization ProfileN/A
2221 University Ave SEMinneapolis, MN 55414

(612) 624-5015

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Higher debt load relative to assets than 56% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

64th percentile

0.02x

Higher debt load relative to revenue than 64% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Net Margin

94th percentile

42%

Higher net margin than 94% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

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.

2022 filings • 501(c)7 • <$500k nonprofits • Source year 2022

Asset Growth

59th percentile

4.2%

Faster asset growth than 59% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

20th percentile

-8.4%

Faster revenue growth than 20% of similar nonprofits.

2022 filings • 501(c)7 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$416,613

Up $16,775 (+4.2%) from 2021

Net Assets

Up

$415,955

Up $16,898 (+4.2%) from 2021

Liabilities

Down

$658

Down $123 (-16%) from 2021

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin94th percentile

Revenue

Down

$40,431

Down $3,723 (-8.4%) from 2021

Expenses

Down

$23,533

Down $6,460 (-22%) from 2021

Net Income

Up

$16,898

Up $2,737 (+19%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth59th percentile

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

$600K$400K$200K$0Assets 2020: $385,998Liabilities 2020: $1,102Net Assets 2020: $384,8962020Assets 2021: $399,838Liabilities 2021: $781Net Assets 2021: $399,0572021Assets 2022: $416,613Liabilities 2022: $658Net Assets 2022: $415,9552022Assets 2023: $417,114Liabilities 2023: $100Net Assets 2023: $417,0142023Assets 2024: $431,628Liabilities 2024: $110Net Assets 2024: $431,5182024Assets 2025: $460,356Liabilities 2025: $110Net Assets 2025: $460,2462025

Highlighted filing

2022

Assets$416,613
Liabilities$658
Net Assets$415,955
Open 2022 Filing

Operations Trend

Revenue Growth20th percentile

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

$80K$60K$40K$20K$0Revenue 2020: $45,301Expenses 2020: $27,903Net Income 2020: $17,3982020Revenue 2021: $44,154Expenses 2021: $29,993Net Income 2021: $14,1612021Revenue 2022: $40,431Expenses 2022: $23,533Net Income 2022: $16,8982022Revenue 2023: $48,006Expenses 2023: $46,946Net Income 2023: $1,0602023Revenue 2024: $56,641Expenses 2024: $42,136Net Income 2024: $14,5052024Revenue 2025: $61,118Expenses 2025: $32,390Net Income 2025: $28,7282025

Highlighted filing

2022

Revenue$40,431
Expenses$23,533
Net Income$16,898
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2021 to Mar 31, 2022
Signed
Jun 21, 2022
Return Version
2021v4.1
Gross Receipts
$40,431
Mission and Program Overview

Mission

Provide grad fraternity hsg

Providing graduate fraternity housing for medical students at the u of mn

Program Services

DescriptionGrantsExpenses
PROVIDING COLLEGIATE FRATERNITY HOUSING FOR MEDICALSTUDENT FRATERNITY AT THE UNIVERSITY OF MN--
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROGER CORNETTOCo-Treasurer-$0--
ANN SHEFFELSCo-Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Nu Sigma Nu Alumni Association Inc
EIN
41-0886751
Phone
6126245015
Address
2221 UNIVERSITY AVE SE, MINNEAPOLIS, MN 55414

Signing Officer

Name
Roger J Cornetto
Title
Co-treasurer
Phone
6126245015
Signed
2022-06-21
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Form 990EZ, Part I, Line 16

“Depreciation 9123.”

Form 990EZ, Part I, Line 16

“INSURANCE 7912.”

Form 990EZ, Part I, Line 16

“INCOME TAXES 578.”

Form 990EZ, Part I, Line 16

“MISCELLANEOUS 317.”

Form 990EZ, Part II, Line 26

“Accrued expense 701. 578.”

Form 990EZ, Part II, Line 26

“ACCOUNTS PAYABLE 80. 80.”

Raw XML Appendix123 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0FRATERNITY PURCHASING ASSOCIATION
IRS990EZ/BooksInCareOfDetail/PhoneNum06126245015
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02221 UNIVERSITY AVE SE 111
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MINNEAPOLIS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055414
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0250540
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0274393
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt016898
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01050
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0399838
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0416613
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt040431
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt04131
IRS990EZ/LandAndBuildingsGrp/BOYAmt0142097
IRS990EZ/LandAndBuildingsGrp/EOYAmt0142220
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0399057
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0415955
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0399057
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0415955
IRS990EZ/OccupancyRentUtltsAndMaintAmt04553
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROGER CORNETTO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANN SHEFFELS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CO-TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CO-TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0true
IRS990EZ/OrganizationHadUBIInd0true
IRS990EZ/OtherAssetsTotalDetail/BOYAmt07201
IRS990EZ/OtherExpensesTotalAmt017930
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDING GRADUATE FRATERNITY HOUSING FOR MEDICAL STUDENTS AT THE U OF MN
IRS990EZ/ProgramServiceRevenueAmt036300
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING COLLEGIATE FRATERNITY HOUSING FOR MEDICALSTUDENT FRATERNITY AT THE UNIVERSITY OF MN
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0781
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0658
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt023533
IRS990EZ/TotalRevenueAmt040431
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Depreciation 9123.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INSURANCE 7912.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INCOME TAXES 578.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MISCELLANEOUS 317.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCRUED EXPENSE 701. 578.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ACCOUNTS PAYABLE 80. 80.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROGER J CORNETTO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06126245015
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NU SIGMA NU ALUMNI ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0NUSI
ReturnHeader/Filer/EIN0410886751
ReturnHeader/Filer/PhoneNum06126245015
ReturnHeader/Filer/USAddress/AddressLine1Txt02221 UNIVERSITY AVE SE
ReturnHeader/Filer/USAddress/CityNm0MINNEAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055414
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410265424
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Fraternity Purchasing Association
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02221 University Ave SE Ste 11
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Minneapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055414
ReturnHeader/PreparerPersonGrp/PhoneNum06126245015
ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RUTH ENGE
ReturnHeader/ReturnTs02022-06-30T13:11:38-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROGER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CORNETTO
ReturnHeader/TaxPeriodBeginDt02021-04-01
ReturnHeader/TaxPeriodEndDt02022-03-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$416,613
Liabilities
$658
Net assets
$415,955
Revenue
$40,431
Expenses
$23,533
Net income
$16,898
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.60$0.00$4.60$0.61$0.32$0.29
2024Detailed filing. Detailed filing data is available for this year.$4.32$0.00$4.32$0.57$0.42$0.15
2023Detailed filing. Detailed filing data is available for this year.$4.17$0.00$4.17$0.48$0.47$0.01
2022Detailed filing. Detailed filing data is available for this year.$4.17$0.01$4.16$0.40$0.24$0.17
2021Detailed filing. Detailed filing data is available for this year.$4.00$0.01$3.99$0.44$0.30$0.14
2020Detailed filing. Detailed filing data is available for this year.$3.86$0.01$3.85$0.45$0.28$0.17