Kappa Sigma Building Corporation

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

EIN: 237329879 ✦ Altoona, IA ✦ Designated as a 501(c)(7)

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Overview

What is Kappa Sigma Building Corporation?

Kappa Sigma Building Corporation is a nonprofit entity primarily focused on providing housing facilities for the student members of an exempt social fraternity at Iowa State University. The organization incurs expenses related to renting out a fraternity house, ensuring that the college fraternity has a suitable living space. While the information does not elaborate on the nonprofit's additional activities or mission, it is clear that Kappa Sigma Building Corporation's primary function is to cater to the housing needs of fraternity members.

Is Kappa Sigma Building Corporation legitimate?

Kappa Sigma Building Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Kappa Sigma Building Corporation submitted a form 990EZ, 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.

What is the mission statement of Kappa Sigma Building Corporation?

Kappa Sigma Building Corporation primarily focuses on providing housing facilities for student members of an exempt social fraternity, specifically at Iowa State University. Its activities primarily revolve around the rental of a fraternity house to this fraternity. The corporation's role in this context is to ensure suitable housing for the fraternity members, thereby contributing to their college experience. While the mission statement is not explicitly provided in the information, it can be inferred that the corporation aims to support the fraternity's needs and contribute to their overall college experience.

Who is the CEO of Kappa Sigma Building Corporation?

Whitey Stange is the President of Kappa Sigma Building Corporation.

What is the revenue of Kappa Sigma Building Corporation?

Kappa Sigma Building Corporation's revenue in 2023 was $72,000.

Who are the executives of Kappa Sigma Building Corporation and what are their salaries?


Here are 4 key members and their salaries:


Rob Hayes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Whitey Stange (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Jones (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Studebaker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Kappa Sigma Building Corporation?

Kappa Sigma Building Corporation's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Kappa Sigma Building Corporation

Kappa Sigma Building Corporation is an organization that is dedicated to providing housing solutions for college fraternity members. Specifically, it rents out a fraternity house to an exempt social fraternity at Iowa State University. The corporation plays a crucial role in ensuring that the student members of this fraternity have a place to call home during their time at university. The organization's activities are centered around this rental arrangement, providing a space for fraternity life and community building. While the mission statement is not explicitly provided, based on the activities mentioned, it can be inferred that Kappa Sigma Building Corporation aims to support the academic and social needs of college fraternity members by providing them with a suitable living environment.

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Impact




October, 2024

Kappa Sigma Building Corporation significantly contributes to the university community by providing essential housing for fraternity members at Iowa State University. By offering a dedicated fraternity house, the organization creates a supportive living environment that fosters brotherhood, collaboration, and academic success among students. This housing not only facilitates social interaction and bonding experiences but also contributes to the overall educational mission of the fraternity, allowing members to engage in leadership activities and community service.

The infrastructure and atmosphere provided by Kappa Sigma Building Corporation enhances the college experience, ensuring that students have access to a safe and structured environment conducive to both personal and academic growth. Through these efforts, the organization plays a vital role in shaping responsible leaders and engaged citizens while enriching campus life at Iowa State University.




This information is meant to be a general summary of Kappa Sigma Building Corporation. 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
$72,000 (2023)
Expenses
$74,632 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $72,000
  • Gross Receipts: $72,000

Assets and Liabilities:

  • Total Assets: $17,014
  • Total Liabilities: $0
  • Net Assets: $17,014

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Organization Details

Principal Officer

Whitey Stange

Main Address

703 25th St SE, Altoona, IA, 500097807

NTEE Category

Code: B83 - Education

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