Overview
What is Sam-Si Corp?
Sam-Si Corp is a nonprofit organization, specifically based in Indianapolis, Indiana. Its primary objective is to support Greek organizations, including the Sigma Iota Chapter of Sigma Alpha Mu Fraternity, comprising students at the University of Michigan in Ann Arbor. The organization owns a property, which they rent out exclusively to these organizations, with no compensation given to its officers or board members. Any excess funds are utilized for renovations and maintenance of the property. Sam-Si Corp operates with the singular focus of aiding these Greek organizations within the University of Michigan community.
Is Sam-Si Corp legitimate?
Sam-Si Corp is a legitimate nonprofit organization registered as a 501(c)(7) entity. Sam-Si Corp 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:
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What is the mission statement of Sam-Si Corp?
Sam-Si Corp's mission is primarily focused on supporting the Sigma Iota Chapter of Sigma Alpha Mu Fraternity and other Greek organizations comprised of students at the University of Michigan in Ann Arbor. The organization owns a house, which is designated for rental to these Greek organizations at the university. None of the officers or board members receive any compensation. Any excess funds generated are utilized for upgrading and maintaining the house, ensuring it remains suitable for the organizations it serves.
Who is the CEO of Sam-Si Corp?
Michael Weiner is the President of Sam-Si Corp.
What is the revenue of Sam-Si Corp?
Sam-Si Corp's revenue in 2022 was -$138,639.
Who are the executives of Sam-Si Corp and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Sam-Si Corp?
Sam-Si Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sam-Si Corp
Sam-Si Corp, as a nonprofit organization, is dedicated to supporting the Sigma Iota Chapter of Sigma Alpha Mu Fraternity and other Greek organizations comprised of students at the University of Michigan in Ann Arbor. The primary mission of Sam-Si Corp is to own and operate a house, which is designated for rental to these Greek organizations. The organization operates on a principle of selflessness, with none of its officers or board members receiving any form of compensation. Any excess funds generated by the organization are utilized for upgrading and maintaining the house, ensuring it remains in optimal condition for its intended purpose. The main objective of Sam-Si Corp is to provide a supportive environment for these Greek organizations, enabling them to thrive and contribute positively to the University of Michigan community.
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Impact
October, 2024
Sam-Si Corp plays a significant role in fostering community and support for Greek organizations, specifically the Sigma Iota Chapter of Sigma Alpha Mu Fraternity at the University of Michigan, Ann Arbor. By providing a rental house specifically designated for Greek organizations, Sam-Si Corp ensures that students have a dedicated space that enhances their social and collaborative experiences.
The organization's commitment to maintaining and upgrading the house reflects a focus on creating a safe and welcoming environment for students. Without any compensation for its officers or board members, all excess funds are reinvested into the property, demonstrating a strong commitment to the longevity and quality of the facility. This approach not only supports the immediate needs of the fraternity but also contributes to a rich tradition of Greek life, fostering leadership, camaraderie, and community engagement among students at the University of Michigan.
In essence, Sam-Si Corp’s impact extends beyond physical space; it cultivates a supportive atmosphere for the students involved in Greek life, helping to build lasting relationships and leadership skills that benefit the broader university community.
This information is meant to be a general summary of Sam-Si Corp. 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.
- Gross Receipts: $145,000
Assets and Liabilities:
- Total Assets: $2,175,259
- Total Liabilities: $1,204,471
- Net Assets: $970,788
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Organization Details
Founding Year
2007
Phone
(317) 447-1410Principal Officer
Michael Weiner
Main Address
8701 FOUNDERS RD, INDIANAPOLIS, IN, 46268
NTEE Category
Code: N50 - Recreation
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