Civic Intelligence

Sigma Chi Building Foundation

990 • Fiscal year 2021 • EIN 81-0400810

Jul 01, 2020 to Jun 30, 2021 • Filed on Jan 17, 2022

CO Walter J Kero PO Box 16894Missoula, MT 59808-6894

(406) 549-2288

Siviq Scores

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

Liabilities / Assets

64th percentile

0.16x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

90th percentile

1.47x

Higher debt load relative to revenue than 90% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

97th percentile

90%

Higher net margin than 97% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

56th percentile

12%

Faster asset growth than 56% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

92nd percentile

167%

Faster revenue growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,459,441

Up $159,326 (+12%) from 2020

Net Assets

Up

$1,219,248

Up $215,507 (+21%) from 2020

Liabilities

Down

$240,193

Down $56,181 (-19%) from 2020

Revenue

Up

$163,131

Up $102,063 (+167%) from 2020

Expenses

Down

$16,441

Down $1,927 (-10%) from 2020

Net Income

Up

$146,690

Up $103,990 (+244%) from 2020

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $961,074Liabilities 2010: $307,775Net Assets 2010: $653,2992010Assets 2011: $943,296Liabilities 2011: $305,628Net Assets 2011: $637,6682011Assets 2012: $938,516Liabilities 2012: $300,458Net Assets 2012: $638,0582012Assets 2013: $893,448Liabilities 2013: $276,241Net Assets 2013: $617,2072013Assets 2014: $890,130Liabilities 2014: $276,049Net Assets 2014: $614,0812014Assets 2015: $834,793Liabilities 2015: $266,688Net Assets 2015: $568,1052015Assets 2016: $938,737Liabilities 2016: $260,837Net Assets 2016: $677,9002016Assets 2017: $1,149,961Liabilities 2017: $258,002Net Assets 2017: $891,9592017Assets 2018: $1,159,778Liabilities 2018: $292,962Net Assets 2018: $866,8162018Assets 2019: $1,212,847Liabilities 2019: $247,055Net Assets 2019: $965,7922019Assets 2020: $1,300,115Liabilities 2020: $296,374Net Assets 2020: $1,003,7412020Assets 2021: $1,459,441Liabilities 2021: $240,193Net Assets 2021: $1,219,2482021Assets 2022: $1,493,062Liabilities 2022: $234,315Net Assets 2022: $1,258,7472022Assets 2023: $1,540,714Liabilities 2023: $215,569Net Assets 2023: $1,325,1452023Assets 2024: $1,553,987Liabilities 2024: $260,324Net Assets 2024: $1,293,6632024Assets 2025: $1,551,817Liabilities 2025: $256,433Net Assets 2025: $1,295,3842025

Highlighted filing

2021

Assets$1,459,441
Liabilities$240,193
Net Assets$1,219,248

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $18,1642010Expenses 2011: $25,9242011Expenses 2012: $19,9592012Expenses 2013: $20,7212013Revenue 2014: $957Expenses 2014: $25,124Net Income 2014: -$24,1672014Revenue 2015: -$4,787Expenses 2015: $41,578Net Income 2015: -$46,3652015Revenue 2016: $146,533Expenses 2016: $89,136Net Income 2016: $57,3972016Revenue 2017: $258,356Expenses 2017: $44,297Net Income 2017: $214,0592017Revenue 2018: $18,918Expenses 2018: $44,061Net Income 2018: -$25,1432018Revenue 2019: $117,594Expenses 2019: $18,618Net Income 2019: $98,9762019Revenue 2020: $61,068Expenses 2020: $18,368Net Income 2020: $42,7002020Revenue 2021: $163,131Expenses 2021: $16,441Net Income 2021: $146,6902021Revenue 2022: $156,518Expenses 2022: $117,019Net Income 2022: $39,4992022Revenue 2023: $100,818Expenses 2023: $102,261Net Income 2023: -$1,4432023Revenue 2024: $90,390Expenses 2024: $84,626Net Income 2024: $5,7642024Revenue 2025: $32,238Expenses 2025: $29,297Net Income 2025: $2,9412025

Highlighted filing

2021

Revenue$163,131
Expenses$16,441
Net Income$146,690
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 17, 2022
Return Version
2020v4.1
Gross Receipts
$231,773
Mission and Program Overview

Mission

None

Mission 1 - preserve a certified historical structure : mission 2 - scholarships for students at the university of montana

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$566,830$769,408▲ $202,578
Land, Buildings, and Equipment, Net$728,880$685,084▼ $43,796
Pd in Cap Srpls Land Bldg Eqp Fund$728,879$685,084▼ $43,795
Rtn Earn Endowment Incm Other Fnds$274,862$534,164▲ $259,302
Cash and Non-Interest-Bearing Accounts$4,405$4,949▲ $544
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,300,115$1,459,441▲ $159,326
Liabilities
Mortgage Notes Payable Secured by Investment Property$232,636$227,193▼ $5,443
Other Liabilities$50,738$0▼ $50,738
Unsecured Notes Loans Payable$13,000$13,000→ $0
Total Liabilities$296,374$240,193▼ $56,181
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,003,741$1,219,248▲ $215,507
Total Liabilities and Net Assets / Fund Balance$1,300,115$1,459,441▲ $159,326

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$678,160$841,974$1,520,134
Other Land Buildings$5,424$50,209$55,633
Land$1,500-$1,500
Investment Program Related Org$181,063--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Walter J KeroPresident
Dan G CederbergDirector
Nathan CranstonDirector
Rich ThompsonDirector
MattCavanaugh
StewartHansen
MikeSchruth
Dave TrimmerSecretary
Nathan CranstonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$156,209
Program Service Revenue
$0
Investment Income
$20,419
Other Revenue
$-13,497
All Other Contributions
$156,209
Change in Net Assets
$146,690
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$16,441
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$16,441--$16,441
Total Functional Expenses$16,441$0$0$16,441
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,545
Fundraising Direct Expenses$8,205
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Heart of the House$15,545-$7,455-
Total Events$15,545-$7,455$-7,455
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

All alumni of the beta delta chapter of the sigma chi fraternity are members of this corporation

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

The sigma chi building foundation form 990 is reviewed by the president and treasurer before filing. Copies of the form are available to any board member.

Form 990, Part VI, Section C, line 18

Our organizations form 1023 is available upon written request

Form 990, Part VI, Section C, line 19

All documents are available upon request in writing

Filing and Contact Details

Filer

Filer Name
Sigma Chi Building Foundation
EIN
81-0400810
Phone
4065492288
Address
CO WALTER J KERO PO BOX 16894, MISSOULA, MT 59808-6894

Signing Officer

Name
Nathan Cranston
Title
Treasurer
Phone
4067212100
Signed
2022-01-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Walter J Kero
Formed
1979
Legal Domicile
Mt
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Wj Kero Cpapc
Address
PO Box 16894, Missoula, MT 59808-6894
Preparer
Walter J Kero CPA
Phone
4065492288
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0207820
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0118899
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0159598
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt077686
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0334624
IRS990ScheduleA/Total509Grp/TotalAmt0898627
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0284322
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0133165
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0181843
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt099265
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0355485
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01054080
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0678160
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0841974
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01520134
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0104524
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1227193
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt260397
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt313000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt427915
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt5146019
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt69297
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt7181063
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0D A DAVIDSON INVESTMENT ACCOUNT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1SIGMA CHI MORTGAGE RECEIVABLE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2LIfe insurance policy
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3Tidyman Secure Loans
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4SiGMA Chi Reserve Savings
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5SIGMA CHI CONTRIBUTION ACCOUNT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc6SIGMA CHI SCHOLARSHIP ACCOUNT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc7SIGMA CHI TIDYMAN ENDOWMENT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd5C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd6C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd7C
IRS990ScheduleD/LandGrp/BookValueAmt01500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01500
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05424
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt050209
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt055633
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0685084
IRS990ScheduleD/TotalBookValueProgramRltdAmt0769408
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt015545
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt015545
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07455
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0HEART OF THE HOUSE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt015545
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt015545
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-7455
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07455
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07455
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL ALUMNI OF THE BETA DELTA CHAPTER OF THE SIGMA CHI FRATERNITY ARE MEMBERS OF THIS CORPORATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SIGMA CHI BUILDING FOUNDATION FORM 990 IS REVIEWED BY THE PRESIDENT AND TREASURER BEFORE FILING. COPIES OF THE FORM ARE AVAILABLE TO ANY BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Our organizations form 1023 is available upon written request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All documents are available upon request in writing
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MT
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01300115
IRS990/TotalAssetsEOYAmt01459441
IRS990/TotalAssetsGrp/BOYAmt01300115
IRS990/TotalAssetsGrp/EOYAmt01459441
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0156209
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt016441
IRS990/TotalFunctionalExpensesGrp/TotalAmt016441
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0296374
IRS990/TotalLiabilitiesEOYAmt0240193
IRS990/TotalLiabilitiesGrp/BOYAmt0296374
IRS990/TotalLiabilitiesGrp/EOYAmt0240193
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01003741
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01219248
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt016441
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt07340
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-418
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0163131
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01300115
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01459441
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt013000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt013000
IRS990/USAddress/AddressLine1Txt0PO BOX 16894
IRS990/USAddress/CityNm0MISSOULA
IRS990/USAddress/StateAbbreviationCd0MT
IRS990/USAddress/ZIPCd059808
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0betadelta-sigmachi.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-03-31 18:45:55Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Nathan Cranston
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum04067212100
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-01-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SIGMA CHI BUILDING FOUNDATION

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.55$0.26$1.30$0.03$0.03$0.00
2024Detailed filing. Detailed filing data is available for this year.$1.55$0.26$1.29$0.09$0.08$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.54$0.22$1.33$0.10$0.10$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.49$0.23$1.26$0.16$0.12$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.46$0.24$1.22$0.16$0.02$0.15
2020Detailed filing. Detailed filing data is available for this year.$1.30$0.30$1.00$0.06$0.02$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.21$0.25$0.97$0.12$0.02$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.16$0.29$0.87$0.02$0.04$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.15$0.26$0.89$0.26$0.04$0.21
2016Detailed filing. Detailed filing data is available for this year.$0.94$0.26$0.68$0.15$0.09$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.83$0.27$0.57$0.00$0.04$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.89$0.28$0.61$0.00$0.03$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.28$0.62$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.30$0.64$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.31$0.64$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.31$0.65$0.02