Overview
What is Twin City Alumni Of Alpha Chi Sigma?
Twin City Alumni of Alpha Chi Sigma is a nonprofit organization based in Eden Prairie, Minnesota. Their primary objective is to offer a residential space close to the University of Minnesota for fraternity members. The organization's mission is to provide a supportive environment for its members, fostering a sense of community and belonging. While the information provided is limited, it suggests that Twin City Alumni of Alpha Chi Sigma plays a role in supporting fraternity members in their academic and social journey.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (53%)
The Twin City Alumni of Alpha Chi Sigma has received a One-Star out of Four Star rating from Charity Navigator, reflecting a score of 53%. This rating indicates several areas of concern, particularly regarding governance and transparency. The organization has no independent board members, which impacts its accountability score significantly.
Despite the governance issues, Twin City Alumni demonstrates strengths in its financial management, particularly with a program expense ratio of 84.18%, indicating a high percentage of funds directed towards its programs. Additionally, there are no material diversions of assets, suggesting sound financial practices in that regard.
However, critical policies and documentation are missing, including a conflict of interest policy and a whistleblower policy, which are essential for transparency and accountability. The absence of these policies, along with a missing website listed on their tax form, raises concerns about the organization's overall governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Twin City Alumni Of Alpha Chi Sigma legitimate?
Twin City Alumni Of Alpha Chi Sigma is a legitimate nonprofit organization registered as a 501(c)(3) entity. Twin City Alumni Of Alpha Chi Sigma 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 Twin City Alumni Of Alpha Chi Sigma?
The Twin City Alumni of Alpha Chi Sigma has a mission to establish a welcoming space for fraternity members near the University of Minnesota. This mission is aimed at providing a sense of community and belonging for its members, offering them a home-like environment during their university years. The organization's primary goal is to foster a supportive environment where fraternity members can connect, grow, and share experiences. By providing a home-like setting, Twin City Alumni of Alpha Chi Sigma aims to enhance the college experience for its members.
Who is the CEO of Twin City Alumni Of Alpha Chi Sigma?
Susie Jahansson is the President of Twin City Alumni Of Alpha Chi Sigma.
What is the revenue of Twin City Alumni Of Alpha Chi Sigma?
Twin City Alumni Of Alpha Chi Sigma's revenue in 2022 was $35,580.
Who are the executives of Twin City Alumni Of Alpha Chi Sigma and what are their salaries?
There 5 volunteers at Twin City Alumni Of Alpha Chi Sigma.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Twin City Alumni Of Alpha Chi Sigma?
Twin City Alumni Of Alpha Chi Sigma's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Twin City Alumni Of Alpha Chi Sigma
Twin City Alumni of Alpha Chi Sigma is dedicated to providing a conducive living space for its fraternity members in proximity to the University of Minnesota. This mission is central to the organization's activities and purpose, aiming to provide a sense of community and belonging for its members. By offering a home within easy reach of their academic institution, Twin City Alumni of Alpha Chi Sigma seeks to foster a supportive environment where its fraternity members can grow and thrive, both academically and socially.
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Impact
August, 2024
The Twin City Alumni Of Alpha Chi Sigma provides a crucial home for fraternity members in the vicinity of the University of Minnesota. This support enables fraternity members to have a dedicated space where they can foster brotherhood, academic growth, and personal development. By offering a physical space for these members, the organization plays a significant role in enhancing the overall collegiate experience for students at the University of Minnesota.
This information is meant to be a general summary of Twin City Alumni Of Alpha Chi Sigma. 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: $35,575
- Gross Receipts: $788,840
Assets and Liabilities:
- Total Assets: $1,221,907
- Total Liabilities: $0
- Net Assets: $1,221,907
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT
Organization Details
Founding Year
2013
Principal Officer
Susie Jahansson
Main Address
10340 SUMMER PLACE, EDEN PRAIRIE, MN, 55347
NTEE Category
Code: B84 - Education
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