Skip to content
Nonprofiteer
← EPSILON P ALUMNI OF SIGMA NU FRATERNITY INC

Form 990 for tax year 2023

Filed by EPSILON P ALUMNI OF SIGMA NU FRATERNITY INC.

Totals

Total revenue
$337,012
Total expenses
$375,840
Contributions and grants received
$336,722
Grants paid
$0
Program service revenue
$0
Investment income
$290
Other revenue
$0
Total assets, end of year
$2,986,908
Total liabilities, end of year
$1,700,937
Net assets or fund balances, end of year
$1,285,971
Program services expenses (Part IX)
$375,840
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$375,840

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

  • 1b · Membership dues

    $278,250

  • 1f · All other contributions, gifts and grants

    $58,472

  • 3 · Investment income

    total $290 · unrelated business $290 · excluded $0

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $13,000 · program services $13,000 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $10,800 · program services $10,800 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $61,200 · program services $61,200 · management and general $0 · fundraising $0

  • 14 · Information technology

    total $3,000 · program services $3,000 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $96,598 · program services $96,598 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $28,482 · program services $28,482 · management and general $0 · fundraising $0

  • 20 · Interest

    total $21,696 · program services $21,696 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $10,276 · program services $10,276 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $96,117 · program services $96,117 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $34,671 · program services $34,671 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $325,767 · end of year $21,180

  • 10a · Land, buildings and equipment: cost or other basis

    $3,366,028

  • 10b · Land, buildings and equipment: accumulated depreciation

    $497,745

  • 10c · Land, buildings and equipment, net

    beginning of year $2,630,466 · end of year $2,868,283

  • 11 · Investments: publicly traded securities

    beginning of year $55,155 · end of year $55,445

  • 15 · Other assets

    beginning of year $5,434 · end of year $42,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,650 · end of year $5,712

  • 23 · Secured mortgages and notes payable

    beginning of year $250,000 · end of year $235,550

  • 24 · Unsecured notes and loans payable

    beginning of year $250,000 · end of year $250,000

  • 25 · Other liabilities

    beginning of year $1,189,376 · end of year $1,209,675

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,324,796 · end of year $1,285,971

Mission and programs · 2023

Mission

Holding title to local chapter of national college fraternity providing room and board, meeting facilities, and social activities for members only.

  • Property

    Expenses $142,992

  • Alumni Operations

    Expenses $102,957

  • Depreciation

    Expenses $96,117

  • Summer & Administrative Expense

    Expenses $33,774

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • David Schmidt

    President

    Total calculated
    $0
    Hours/week
    2

  • Tim Cheung

    Treasurer

    Total calculated
    $0
    Hours/week
    2

  • Michael Valdez

    Secretary

    Total calculated
    $0
    Hours/week
    2

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.

Provenance

Return type
form_990
Tax year
2023
Filed
29 October 2024
IRS schema version
2023v5.1
Source object
202413039349302666

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.