Overview
What is Alpha Chi Sigma Fraternity Inc?
Alpha Chi Sigma Fraternity Inc is a nonprofit organization, specifically a fraternity, located at 6296 RUcker Road B, Indianapolis, IN 46220. Its primary mission is to promote the scientific pursuit and educational advancements of chemistry by organizing, operating, and fostering both collegiate and professional chapters. They achieve this goal by operating and supporting various chapters and communicating their activities through a quarterly newsletter titled 'The Hexagon'. The newsletter is distributed to approximately 7000 members annually, keeping them informed about the fraternity's accomplishments. With a total of only two employees, the fraternity manages to maintain its operations effectively.
Official website here: www.alphachisigma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
Alpha Chi Sigma Fraternity Inc has received a low rating of 56%, indicating some concerns regarding its financial health and operational efficiency. The organization has demonstrated strength in governance, with 100% of its board members being independent and a robust audit and oversight committee in place. However, the overall performance is hindered by financial metrics such as a concerning low program expense ratio of 35.42%, suggesting that a significant portion of its resources may not be going directly to its programs.
While the fraternity has policies in place for conflict of interest and whistleblower protections, the lack of transparency is evident as it fails to post its tax form on its website, which is a critical component of accountability. Additionally, the liabilities to assets ratio of 1.61% raises red flags about its financial stability and ability to manage debts effectively. Overall, while there are positive governance aspects, the financial metrics indicate areas needing substantial improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Alpha Chi Sigma Fraternity Inc legitimate?
Alpha Chi Sigma Fraternity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alpha Chi Sigma Fraternity Inc 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: $14,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $103,334
For more financial information, click here
Official website here: www.alphachisigma.org
What is the mission statement of Alpha Chi Sigma Fraternity Inc?
Alpha Chi Sigma Fraternity Inc's mission is centered around organizing and operating both collegiate and professional chapters. The primary goal is to promote the scientific pursuit and educational advancements of chemistry. They achieve this by fostering these chapters and disseminating information about the fraternity's activities and accomplishments through a quarterly publication called "The Hexagon." This newsletter is sent to approximately 7000 members annually.
Official website here: www.alphachisigma.org
Who is the CEO of Alpha Chi Sigma Fraternity Inc?
John Stipp is the Grand Recorder of Alpha Chi Sigma Fraternity Inc.
Official website here: www.alphachisigma.org
What is the revenue of Alpha Chi Sigma Fraternity Inc?
Alpha Chi Sigma Fraternity Inc's revenue in 2022 was $564,976.
Official website here: www.alphachisigma.org
Who are the executives of Alpha Chi Sigma Fraternity Inc and what are their salaries?
The average compensation at Alpha Chi Sigma Fraternity Inc during 2022 was $58,867. There are 2 employees and 3000 volunteers at Alpha Chi Sigma Fraternity Inc.
Here are 7 key members and their salaries:
- Compensation: $9,600
- Related: $0
- Other: $0
- Compensation: $4,800
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.alphachisigma.org
Where can I find the form 990 for Alpha Chi Sigma Fraternity Inc?
Alpha Chi Sigma Fraternity Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alphachisigma.org
Learn more at the official website: www.alphachisigma.org
Mission Statement of Alpha Chi Sigma Fraternity Inc
Alpha Chi Sigma Fraternity Inc is dedicated to organizing, operating, and fostering both collegiate and professional chapters. Its mission is geared towards promoting the scientific pursuit and educational advancements in the field of chemistry. The fraternity achieves this by operating and supporting various chapters, aiming to disseminate information related to their activities and achievements. They communicate these accomplishments through a quarterly newsletter titled 'The Hexagon'. This publication reaches approximately 7000 members annually, providing them with updates on the fraternity's activities. In essence, Alpha Chi Sigma Fraternity Inc strives to promote chemistry and its educational advancements by organizing and supporting chapters, and disseminating information related to their activities and achievements through a quarterly publication.
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Impact
July, 2024
Alpha Chi Sigma Fraternity Inc's impact lies in its mission to organize, operate, and foster collegiate and professional chapters to promote the scientific pursuit and educational advancements of chemistry. Through its activities and communication efforts, such as the quarterly newsletter called The Hexagon, the fraternity reaches roughly 7000 members annually, keeping them informed about the latest developments in the field. By supporting chemistry education and fostering a community of like-minded individuals, Alpha Chi Sigma Fraternity Inc plays a vital role in advancing the field of chemistry and providing opportunities for learning and growth.
This information is meant to be a general summary of Alpha Chi Sigma Fraternity Inc. 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 2022.
- Investment Income: $25,209
- Program Service Revenue: $428,987
- Gross Receipts: $610,372
Assets and Liabilities:
- Total Assets: $1,024,354
- Total Liabilities: $19,882
- Net Assets: $1,004,472
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COLLEGIATE FEES
Revenue
$367,865
CONCLAVE AND REGALIA I
Revenue
$61,122
Organization Details
Founding Year
1967
Phone
(800) 252-4369Principal Officer
John Stipp
Main Address
6296 RUCKER ROAD B, INDIANAPOLIS, IN, 46220
Website
www.alphachisigma.orgNTEE Category
Code: B83Z - Education
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