Form 990 for tax year 2023
Filed by MASS DELTA ALUMNI CORP OF SIGMA PHI EPSILON FRATERNITY.
Totals
- Total revenue
- $343,389
- Total expenses
- $263,846
- Contributions and grants received
- $25,561
- Grants paid
- $0
- Program service revenue
- $262,211
- Investment income
- $833
- Other revenue
- $54,784
- Total assets, end of year
- $784,473
- Total liabilities, end of year
- $327,917
- Net assets or fund balances, end of year
- $456,556
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$21,726
-
1f · All other contributions, gifts and grants
$3,835
-
2a · Program service revenue: MIT STUDENT RESIDENCE
total $254,111 · related or exempt $254,111
-
2b · Program service revenue: MIT RESIDENT ADVISOR I
total $6,000 · related or exempt $6,000
-
2c · Program service revenue: MIT STUDENT PARKING FE
total $2,100 · related or exempt $2,100
-
3 · Investment income
total $833 · unrelated business $833
-
6a · Gross rents
real property $106,624
-
6b · Less rental expenses
real property $54,983
-
6c · Rental income or loss
real property $51,641
-
6d · Net rental income or loss
total $51,641 · unrelated business $51,641
-
11a · Other revenue: LAUNDRY INCOME
total $3,143 · unrelated business $3,143
-
11e · Other revenue, total
$3,143
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $6,000
-
11b · Fees: legal
total $925
-
11c · Fees: accounting
total $1,795
-
13 · Office expenses
total $377
-
20 · Interest
total $2,467
-
22 · Depreciation, depletion and amortization
total $10,205
-
23 · Insurance
total $21,272
-
24a · Other expenses: CUSTODIAL SERVICES
total $48,784
-
24b · Other expenses: UTILITIES
total $41,603
-
24c · Other expenses: REAL ESTATE TAXES
total $39,476
-
24d · Other expenses: CLEANING SERVICE
total $21,444
-
24e · All other expenses
total $69,498
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $25,539 · end of year $190,486
-
2 · Savings and temporary cash investments
beginning of year $65,373 · end of year $19,183
-
10a · Land, buildings and equipment: cost or other basis
$973,592
-
10b · Land, buildings and equipment: accumulated depreciation
$398,788
-
10c · Land, buildings and equipment, net
beginning of year $338,264 · end of year $574,804
-
25 · Other liabilities
beginning of year $55,286 · end of year $327,917
-
27 · Net assets without donor restrictions
beginning of year $373,890 · end of year $456,556
Mission and programs · 2023
Mission
PROVIDE HOUSING FOR FRATERNITY MEMBERS AND PROMOTE ONGOING RELATIONSHIPS BETWEEN ALUMNI AND CURRENT BROTHERHOOD OF THE SIGMA PHI EPSILON FRATERNITY CHAPTER AT THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY.
Activities or mission (Part I)
FRATERNITY ALUMNI ASSOCIATION AND PROVIDER OF HOUSING FOR STUDENTS OF MASSACHUSETTS INSTITUTE OF TECHNOLOGY
-
PROVIDE HOUSING FOR FRATERNITY MEMBERS AND PROMOTE ONGOING RELATIONSHIPS BETWEEN ALUMNI AND CURRENT BROTHERHOOD OF THE SIGMA PHI EPSILON FRATERNITY CHAPTER AT THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY.
-
PROVIDE HOUSING FOR MASSACHUSETTS INSTITUTE OF TECHNOLOGY STUDENTS BY CONTRACT WITH MIT WHILE A DORMITORY IS BEING REMODELED.
As filed on the 2023 return.
Listed in Part VII
-
SCOTT CHILTON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
STEVE STUNTZ
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
EDDIE CHIN
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
TREVOR STRICKER
CLERK
- Total calculated
- $0
- Hours/week
- 5
-
JOSH SCHULER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ANDREW CLARE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
HIROYUKI YAMADA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOSH SCHERRER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
501(C)(3) · UNIVERSITY · MA
-
SIGMA PHI EPSILON FRATERNITYMASSACHUSETTS DELTA CHAPTER
501(C)(7) · MIT FRATERNITY · MA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 16 December 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403549349300100
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