Alpha Theta Chapter Of Sigma Chi Fraternity Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042761368 ✦ Wellesley, MA ✦ Designated as a 501(c)(7)

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Overview

What is Alpha Theta Chapter Of Sigma Chi Fraternity Inc?

Alpha Theta Chapter of Sigma Chi Fraternity Inc is a nonprofit organization that primarily manages and maintains a historical property in Boston's Back Bay, which is leased to the local chapter of Sigma Chi Fraternity at the Massachusetts Institute of Technology (MIT). Their mission extends beyond property management, as they also aim to strengthen the bonds among their members and uphold the core values of friendship, justice, and learning that Sigma Chi Fraternity was built upon. Additionally, they foster the continued growth and well-being of Alpha Theta, the MIT-affiliated Sigma Chi chapter, and engage in activities and provide services that support this endeavor. Their activities are geared towards promoting scholarship, fellowship, and alumni relations within the Sigma Chi community.

Is Alpha Theta Chapter Of Sigma Chi Fraternity Inc legitimate?

Alpha Theta Chapter Of Sigma Chi Fraternity Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Alpha Theta Chapter Of Sigma Chi Fraternity Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $10
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Alpha Theta Chapter Of Sigma Chi Fraternity Inc?

The Alpha Theta Chapter of Sigma Chi Fraternity Inc. is dedicated to strengthening connections among its members and upholding the core values of friendship, justice, and learning, which are the foundational principles of Sigma Chi. The chapter's mission is to ensure the endurance and prosperity of Alpha Theta, a fraternity at the Massachusetts Institute of Technology, by being linked with the national Sigma Chi Fraternity. They engage in activities, provide services, and participate in transactions that support these objectives.

Who is the CEO of Alpha Theta Chapter Of Sigma Chi Fraternity Inc?

Michael D Delaus is the President of Alpha Theta Chapter Of Sigma Chi Fraternity Inc.

What is the revenue of Alpha Theta Chapter Of Sigma Chi Fraternity Inc?

Alpha Theta Chapter Of Sigma Chi Fraternity Inc's revenue in 2022 was $300,361.

Who are the executives of Alpha Theta Chapter Of Sigma Chi Fraternity Inc and what are their salaries?

There 12 volunteers at Alpha Theta Chapter Of Sigma Chi Fraternity Inc.


Here are 9 key members and their salaries:


Michael D Delaus (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua B Littlefield (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael A Gibson (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel R Craig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James G Wilber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herbert W Mower (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark A Curtiss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Xunjun Cai (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Tsacoyeanes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Alpha Theta Chapter Of Sigma Chi Fraternity Inc?

Alpha Theta Chapter Of Sigma Chi Fraternity Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Alpha Theta Chapter Of Sigma Chi Fraternity Inc

Alpha Theta Chapter of Sigma Chi Fraternity Inc, a renowned fraternity affiliated with the Massachusetts Institute of Technology, is committed to fostering strong bonds among its members. Their primary mission is to uphold and promote the cherished values of friendship, justice, and learning, which are the cornerstones upon which Sigma Chi was established. With a focus on the continued growth and prosperity of Alpha Theta, this fraternity aims to engage in activities, provide necessary services, and participate in transactions that align with its objectives. This mission ultimately serves to ensure the longevity and well-being of Alpha Theta Chapter of Sigma Chi Fraternity at MIT, a vital part of the national Sigma Chi Fraternity.

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Impact




October, 2024

The Alpha Theta Chapter of Sigma Chi Fraternity Inc. plays a significant role in building a strong community among its members at the Massachusetts Institute of Technology (MIT). By fostering meaningful relationships based on the principles of friendship, justice, and learning, the chapter cultivates an environment that promotes personal and academic growth.

Through various programs, the chapter enhances scholarship and fellowship, creating opportunities for members to support one another in their educational endeavors. By engaging alumni and facilitating connections between current and former members, the fraternity strengthens its network, which can lead to mentorship, professional opportunities, and lifelong friendships.

The chapter's commitment to maintaining its historic presence in Boston's Back Bay not only preserves its legacy but also provides a conducive space for members to collaborate and socialize. This nurturing environment encourages members to uphold the values of Sigma Chi, making a lasting impact on both individual lives and the broader MIT community.




This information is meant to be a general summary of Alpha Theta Chapter Of Sigma Chi Fraternity Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$300,361 (2022)
Expenses
$359,304 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $411
  • Program Service Revenue: $248,524
  • Gross Receipts: $300,361

Assets and Liabilities:

  • Total Assets: $3,308,657
  • Total Liabilities: $2,167,617
  • Net Assets: $1,141,040

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Undergraduate Chapter Rent

Revenue

$191,000

MIT GRA & COVID-19 Assistance

Revenue

$57,524

Organization Details

Founding Year

1982

Principal Officer

Michael D Delaus

Main Address

c/o Littlefield 44 Boulder Brook Rd, Wellesley, MA, 024811144

NTEE Category

Code: B83 - Education

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