Sigma Chi Building Association

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

EIN: 411365083 ✦ Minneapolis, MN ✦ Designated as a 501(c)(2)

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Overview

What is Sigma Chi Building Association?

Sigma Chi Building Association is a nonprofit organization situated in Minneapolis, Minnesota, specifically at 2221 University Avenue SE, 55414. Its primary focus is to offer housing and interaction opportunities for male students affiliated with the University of Minnesota, as well as alumni members. During the academic year from August 2021 to May 2022, housing was provided for up to 50 individuals. The association employed a full-time live-in house director to ensure the social well-being of the members and manage housekeeping services. The organization's mission revolves around providing a fraternity housing environment, fostering relationships between students and alumni.

Is Sigma Chi Building Association legitimate?

Sigma Chi Building Association is a legitimate nonprofit organization registered as a 501(c)(2) entity. Sigma Chi Building Association 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: $52,444

For more financial information, click here

What is the mission statement of Sigma Chi Building Association?

The Sigma Chi Building Association's mission is centered around providing a collegiate fraternity environment. This encompasses offering housing for male students from the University of MN and alumni members during the academic year. Furthermore, the association aims to foster interaction between these students and alumni members. To ensure a positive experience, a full-time live-in house director is employed to oversee the social well-being of all members and manage housekeeping services.

Who is the CEO of Sigma Chi Building Association?

Robert Francis is the President of Sigma Chi Building Association.

What is the revenue of Sigma Chi Building Association?

Sigma Chi Building Association's revenue in 2022 was $295,519.

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

The average compensation at Sigma Chi Building Association during 2022 was $17,481. There are 3 employees and 25 volunteers at Sigma Chi Building Association.


Here are 9 key members and their salaries:


Bryce Bockin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Schumm (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Francis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Childs (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Scheffert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Radovan Mirkovic (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Childs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Selman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Radovan Mirkovic (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sigma Chi Building Association?

Sigma Chi Building Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sigma Chi Building Association

The Sigma Chi Building Association, a nonprofit organization, is dedicated to providing collegiate fraternity housing and fostering interactions between students and alumni members. Their primary mission is to offer a housing solution for up to 50 male students from the University of MN during the academic year, extending from August 2021 to May 2022. To ensure the social well-being of its members and maintain cleanliness, the association employed a full-time live-in house director. This individual was responsible for overseeing the residents' needs and providing housekeeping services.

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Impact




October, 2024

The Sigma Chi Building Association significantly impacts collegiate life by providing housing and fostering a community among male students and alumni at the University of Minnesota. By accommodating up to 50 residents during the academic year, the association creates a supportive environment that enhances students' social and academic experiences.

With a dedicated live-in house director, the organization ensures a focus on the well-being of its members, facilitating interactions that strengthen bonds between current students and alumni. This engagement not only enriches the fraternity experience but also contributes to personal development, networking opportunities, and the overall collegiate atmosphere. In doing so, the Sigma Chi Building Association plays a vital role in cultivating lifelong friendships and enhancing community ties within the university landscape in Minneapolis, Minnesota.




This information is meant to be a general summary of Sigma Chi Building Association. 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
$295,519 (2022)
Expenses
$281,172 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $214
  • Program Service Revenue: $225,676
  • Gross Receipts: $295,519

Assets and Liabilities:

  • Total Assets: $2,370,006
  • Total Liabilities: $11,158
  • Net Assets: $2,358,848

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Programs

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

RENT

Revenue

$186,876

BUILDING FUND

Revenue

$38,800

Organization Details

Founding Year

1908

Principal Officer

Robert Francis

Main Address

2221 UNIVERSITY AVE SE, MINNEAPOLIS, MN, 55414

NTEE Category

Code: S47 - Community improvement

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