Overview
What is The University Of Texas Sig Ep Foundation?
The University of Texas Sig Ep Foundation is a nonprofit organization situated in Austin, Texas, specifically at 1610 Bruton Springs Rd. Its primary focus is ensuring the upkeep, maintenance, and operations of facilities belonging to Sigma Phi Epsilon, a fraternity at the University of Texas in Austin. This includes covering expenses such as repairs, insurance, and property taxes, totaling approximately $192,777 annually. The foundation's mission is to preserve and maintain the buildings used by Sigma Phi Epsilon, contributing to the overall well-being and functionality of the fraternity's facilities at the university.
Is The University Of Texas Sig Ep Foundation legitimate?
The University Of Texas Sig Ep Foundation is a legitimate nonprofit organization registered as a 501(c)(2) entity. The University Of Texas Sig Ep Foundation 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.
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What is the mission statement of The University Of Texas Sig Ep Foundation?
The University of Texas Sig Ep Foundation's primary role is centered around preserving and maintaining the facilities used by Sigma Phi Epsilon, a fraternity at the University of Texas at Austin. Their mission is to ensure the upkeep, maintenance, and operational efficiency of these facilities. This includes overseeing repairs and maintenance, managing property taxes, and ensuring adequate insurance coverage for the properties under their care. In essence, their mission is to safeguard and optimally utilize the Sigma Phi Epsilon facilities at the University of Texas in Austin.
Who is the CEO of The University Of Texas Sig Ep Foundation?
Trent Watkins is the President of The University Of Texas Sig Ep Foundation.
What is the revenue of The University Of Texas Sig Ep Foundation?
The University Of Texas Sig Ep Foundation's revenue in 2023 was $351,004.
Who are the executives of The University Of Texas Sig Ep Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for The University Of Texas Sig Ep Foundation?
The University Of Texas Sig Ep Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The University Of Texas Sig Ep Foundation
The University of Texas Sig Ep Foundation's mission is centered around the preservation and maintenance of buildings associated with Sigma Phi Epsilon, a fraternity at the University of Texas at Austin. Specifically, the foundation is responsible for ensuring the upkeep, maintenance, and operations of these facilities, ensuring they remain in good condition. This includes undertaking necessary repairs and maintenance, as well as paying relevant insurance premiums and property taxes. Overall, the University of Texas Sig Ep Foundation plays a crucial role in maintaining the infrastructure used by Sigma Phi Epsilon at the University of Texas in Austin.
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Impact
October, 2024
The University of Texas Sig Ep Foundation plays a crucial role in the preservation and maintenance of the Sigma Phi Epsilon fraternity facilities at the University of Texas at Austin. By ensuring the upkeep of these buildings, the foundation supports a vibrant community for fraternity members, fostering an environment conducive to academic achievement and personal growth.
With a focus on maintenance operations, the foundation handles various expenses, including insurance, repairs, property taxes, and general upkeep, amounting to a total of $192,777. This financial commitment not only keeps the facilities in good condition but also enhances the overall experience for the fraternity members, creating a safe and welcoming space for social and academic endeavors.
Moreover, the work of the foundation contributes to the broader goal of community improvement, reinforcing the fraternity's values and its long-term presence on campus. By investing in these facilities, the foundation ensures a legacy of connection and camaraderie for current and future members of Sigma Phi Epsilon.
This information is meant to be a general summary of The University Of Texas Sig Ep Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $49,090
- Program Service Revenue: $236,370
- Gross Receipts: $351,004
Assets and Liabilities:
- Total Assets: $5,447,855
- Total Liabilities: $0
- Net Assets: $5,447,855
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME
Revenue
$236,370
Organization Details
Founding Year
1952
Phone
(512) 917-5997Principal Officer
Trent Watkins
Main Address
1610 Bruton Springs Rd, Austin, TX, 78733
NTEE Category
Code: S47 - Community improvement
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