Sigma Chi Fraternity

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

EIN: 270656582 ✦ Chicago, IL ✦ Designated as a 501(c)(7)

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Overview

What is Sigma Chi Fraternity?

Sigma Chi Fraternity, specifically the Omicron Omicron chapter at the University of Chicago, is a charitable organization that raises funds for noble causes. They accomplish this through an annual event named Derby Days. During this week-long event, participants engage in a variety of activities, such as purchasing merchandise like shirts and enjoying food, as well as the entertaining tradition of pie-throwing at friends. The collective efforts of these activities result in substantial contributions. In this instance, they managed to raise an impressive $2992, with a profit of $2521, which was generously donated to the Huntsman Cancer Foundation.

Is Sigma Chi Fraternity legitimate?

Sigma Chi Fraternity is a legitimate nonprofit organization registered as a 501(c)(7) entity. Sigma Chi Fraternity 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 Sigma Chi Fraternity?

Sigma Chi Fraternity, as a organization, raises funds for charitable causes through events such as Derby Days. During this event, they manage to collect a significant amount, with $2992 being the total raised and $2521 being the profit. This profit is then donated to the Huntsman Cancer Foundation. Throughout a week-long period, they organize various activities where participants can purchase merchandise and engage in fun activities like pie throwing. The primary objective of these activities is to raise funds for charitable causes.

Who is the CEO of Sigma Chi Fraternity?

William Benner is the President of Sigma Chi Fraternity.

What is the revenue of Sigma Chi Fraternity?

Sigma Chi Fraternity's revenue in 2023 was $65,896.

Who are the executives of Sigma Chi Fraternity and what are their salaries?


Here are 5 key members and their salaries:


William Benner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Justicz (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Michelotti (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Winston (House Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alejandro Alonso (Event Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Sigma Chi Fraternity?

Sigma Chi Fraternity's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Sigma Chi Fraternity

Sigma Chi Fraternity, specifically the Omicron Omicron chapter at the University of Chicago, is committed to making a positive impact in the community by raising funds for charity. They accomplish this through an annual event called Derby Days. During this week-long initiative, the fraternity organizes various activities, such as selling merchandise and allowing participants to throw pies at their friends. The primary objective of these events is to generate revenue, which ultimately benefits the Huntsman Cancer Foundation. In the recent Derby Days event, Sigma Chi Fraternity successfully raised $2992, resulting in a profit of $2521. This substantial sum was then donated to the Huntsman Cancer Foundation, demonstrating the fraternity's dedication to supporting charitable causes.

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Impact




October, 2024

Sigma Chi Fraternity's impact is evident through its commitment to charitable fundraising, particularly highlighted by their Derby Days event at the University of Chicago. The fraternity successfully raised $2,992, with a profit of $2,521 donated directly to the Huntsman Cancer Foundation. This annual event engages the community in various entertaining activities, including purchasing shirts, enjoying food, and playful pie-throwing, all aimed at fostering camaraderie while supporting a vital cause. By combining fun with philanthropy, the fraternity not only contributes to cancer research but also fosters a spirit of community service and engagement among its members and participants.




This information is meant to be a general summary of Sigma Chi Fraternity. 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
$65,896 (2023)
Expenses
$81,285 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $65,896

Assets and Liabilities:

  • Total Assets: $5,632
  • Total Liabilities: $0
  • Net Assets: $5,632

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Organization Details

Principal Officer

William Benner

Main Address

5445 S INGLESIDE AVE APT 300, CHICAGO, IL, 60615

NTEE Category

Code: B83 - Education

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