Sigma Chi House Corporation Bonnstetter

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

EIN: 311016806 ✦ Morgantown, WV ✦ Designated as a 501(c)(7)

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Overview

What is Sigma Chi House Corporation Bonnstetter?

Sigma Chi House Corporation Bonnstetter is a nonprofit entity situated in Morgantown, West Virginia, specifically at 901 Stewart Place. Its primary mission is to provide housing and facilities for the members of the Sigma Chi fraternity's MU Mu chapter at West Virginia University. This is achieved through various means, including initiating capital improvement projects and collecting dues from the undergraduate students to cover the maintenance costs and mortgage payments of the property. The organization's goal is to offer a conducive living space for these students during their academic tenure.

Is Sigma Chi House Corporation Bonnstetter legitimate?

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

The Sigma Chi House Corporation's mission revolves around holding real estate for the purpose of habitation and use by the college fraternity brothers of Sigma Chi, Mu Mu Chapter, while they are students. This is achieved through initiating capital improvement projects, collecting dues from undergraduates to cover the maintenance costs of the premises, and servicing the mortgage debt on the property. In essence, the organization's role is to provide a residential space for the Sigma Chi fraternity members during their time at university.

Who is the CEO of Sigma Chi House Corporation Bonnstetter?

Paul Buechler is the President of Sigma Chi House Corporation Bonnstetter.

What is the revenue of Sigma Chi House Corporation Bonnstetter?

Sigma Chi House Corporation Bonnstetter's revenue in 2022 was $634,626.

Who are the executives of Sigma Chi House Corporation Bonnstetter and what are their salaries?


Here are 4 key members and their salaries:


Dennis M Bonnstetter (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Buechler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Ray (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Stevenson (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sigma Chi House Corporation Bonnstetter?

Sigma Chi House Corporation Bonnstetter's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sigma Chi House Corporation Bonnstetter

Sigma Chi House Corporation Bonnstetter's mission is centered around holding real estate for the purpose of providing habitation and use for the college fraternity brothers of Sigma Chi, specifically the Mu Mu Chapter, as they attend West Virginia University. This organization achieves its purpose through various initiatives, such as undertaking capital improvement projects and collecting dues from the undergraduate members to cover the maintenance costs of the premises and the mortgage payments. By doing so, Sigma Chi House Corporation Bonnstetter essentially serves as a facilitator, ensuring a comfortable living space for its fraternity members during their university years.

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Impact




October, 2024

Sigma Chi House Corporation Bonnstetter plays a crucial role in enhancing the living conditions for members of the Sigma Chi fraternity, specifically the Mu Mu Chapter at West Virginia University. By spearheading capital improvement projects, the organization ensures that the fraternity house is well-maintained and conducive to a positive living experience for its residents.

Additionally, the management of dues collected from undergraduate members facilitates the upkeep of the premises and addresses mortgage debt service, allowing the fraternity to maintain a stable and secure living environment. This financial stewardship not only supports the current members but also contributes to the legacy and sustainability of the fraternity for future generations of students. Overall, the corporation's efforts directly impact the quality of life for the fraternity brothers, fostering a strong sense of community and belonging.




This information is meant to be a general summary of Sigma Chi House Corporation Bonnstetter. 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
$634,626 (2022)
Expenses
$424,535 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6
  • Program Service Revenue: $137,017
  • Gross Receipts: $634,626

Assets and Liabilities:

  • Total Assets: $448,742
  • Total Liabilities: $407,074
  • Net Assets: $41,668

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Programs

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

HOUSE RENTAL INCOME

Revenue

$137,017

Organization Details

Founding Year

1953

Principal Officer

Paul Buechler

Main Address

901 STEWART PLACE, MORGANTOWN, WV, 26505

NTEE Category

Code: B83 - Education

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