Maine Alpha Corp Of Sigma Phi Epsilon

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

EIN: 237277292 ✦ Orono, ME ✦ Designated as a 501(c)(7)

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Overview

What is Maine Alpha Corp Of Sigma Phi Epsilon?

Maine Alpha Corp of Sigma Phi Epsilon is a nonprofit organization situated in Orono, Maine. The primary purpose of this entity is to support the Sigma Phi Epsilon fraternity chapter at the University of Maine by providing housing and related facilities. Typically, more than 50 students benefit annually from this housing arrangement. The organization also offers scholarships, acknowledging academic achievement and other merits as selection criteria. By doing so, Maine Alpha Corp of Sigma Phi Epsilon contributes to the well-being and growth of its members, fostering a nurturing environment for their academic pursuits.

Is Maine Alpha Corp Of Sigma Phi Epsilon legitimate?

Maine Alpha Corp Of Sigma Phi Epsilon is a legitimate nonprofit organization registered as a 501(c)(7) entity. Maine Alpha Corp Of Sigma Phi Epsilon 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: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Maine Alpha Corp Of Sigma Phi Epsilon?

Maine Alpha Corp of Sigma Phi Epsilon serves as the chapter house for Sigma Phi Epsilon at the University of Maine at Orono, providing housing for over 50 enrolled students annually. Beyond offering housing, the corporation also awards scholarships based on academic achievement and other merit criteria. In essence, Maine Alpha Corp's mission is to support the Sigma Phi Epsilon fraternity brothers by providing them with a conducive living environment and recognizing their academic and personal achievements.

Who is the CEO of Maine Alpha Corp Of Sigma Phi Epsilon?

Alec Young is the President of Maine Alpha Corp Of Sigma Phi Epsilon.

What is the revenue of Maine Alpha Corp Of Sigma Phi Epsilon?

Maine Alpha Corp Of Sigma Phi Epsilon's revenue in 2022 was $106,559.

Who are the executives of Maine Alpha Corp Of Sigma Phi Epsilon and what are their salaries?


Here are 2 key members and their salaries:


Luke Finnemore (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alec Young (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Maine Alpha Corp Of Sigma Phi Epsilon?

Maine Alpha Corp Of Sigma Phi Epsilon's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Maine Alpha Corp Of Sigma Phi Epsilon

Maine Alpha Corp of Sigma Phi Epsilon serves as the housing provider for the Sigma Phi Epsilon fraternity at the University of Maine at Orono. Annually, over 50 students benefit from this arrangement, gaining a sense of community and a supportive environment. In addition to providing shelter, Maine Alpha Corp of Sigma Phi Epsilon is committed to fostering academic success among its members. They offer scholarships based on merit and other qualifications, helping deserving students finance their education and pursue their academic goals. By offering housing and financial support, Maine Alpha Corp of Sigma Phi Epsilon contributes to the overall well-being and success of its members, enabling them to fully engage in their university experience.

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Impact




October, 2024

Maine Alpha Corp of Sigma Phi Epsilon significantly impacts the University of Maine at Orono community by providing a vital support system for its fraternity members. Annually, over 50 students benefit from stable housing accommodations, fostering a sense of belonging and community among members. This environment not only enhances their collegiate experience but also encourages academic and personal growth.

In addition to housing, Maine Alpha Corp actively promotes academic excellence through scholarships awarded based on achievement and merit. This financial assistance helps alleviate the burden of educational costs, allowing recipients to focus on their studies and extracurricular activities. Overall, the organization fosters leadership, camaraderie, and academic success among its members, contributing positively to the university's culture and values.




This information is meant to be a general summary of Maine Alpha Corp Of Sigma Phi Epsilon. 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
$106,559 (2022)
Expenses
$168,511 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $26
  • Program Service Revenue: $106,533
  • Gross Receipts: $106,559

Assets and Liabilities:

  • Total Assets: $802,140
  • Total Liabilities: $0
  • Net Assets: $802,140

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Programs

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

RENT AND PARLOR FEES

Revenue

$106,533

Organization Details

Founding Year

1953

Principal Officer

Alec Young

Main Address

375 COLLEGE AVE, ORONO, ME, 04473

NTEE Category

Code: B83 - Education

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