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Sigma Alpha Rho Alumni Association Inc

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

EIN: 473351526 ✦ Marlton, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Sigma Alpha Rho Alumni Association Inc?

Sigma Alpha Rho Alumni Association Inc is a nonprofit organization that focuses on fundraising to support its cause. They achieve this by sending out solicitations through various means, such as direct mail, email, and personal or phone calls. Initially, their fundraising events will include advertisement books, organized events, and contributions made in honor of deceased members. The association's goal is to raise funds for its mission, although specific details about the cause are not provided in the information.


Official website here: www.sar100.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 36%, Zero-Star out of Four Star Rating.

The Sigma Alpha Rho Alumni Association Inc has received a low rating primarily due to its poor performance in accountability and finance. With an overall score of 36%, the organization shows strengths in board independence and asset management but lacks critical governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention policy significantly impacts its rating.

Despite having a fully independent board and no reported diversion of assets, the organization scored very low on its program expense ratio, indicating that a small percentage of its budget is allocated to its programs. This raises concerns about the effectiveness and efficiency of the nonprofit's operations. Additionally, the failure to post key documents, such as the tax form on its website, further detracts from its transparency.

Overall, the Sigma Alpha Rho Alumni Association Inc has established some positive governance practices but must address its deficiencies in policies and program spending to improve its accountability and finance score. Without these improvements, the organization may struggle to gain the trust of potential donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Sigma Alpha Rho Alumni Association Inc legitimate?

Sigma Alpha Rho Alumni Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sigma Alpha Rho Alumni Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sar100.com

What is the mission statement of Sigma Alpha Rho Alumni Association Inc?

The Sigma Alpha Rho Alumni Association Inc. is committed to raising funds for its operations. This is achieved through various solicitation methods, such as direct mail, email, personal calls, and phone solicitations. The association organizes fundraising events, including ad books and memorial contributions in honor of deceased members. Their primary objective is to raise funds for their initiatives.


Official website here: www.sar100.com

Who is the CEO of Sigma Alpha Rho Alumni Association Inc?

Stuart Discount is the Director of Sigma Alpha Rho Alumni Association Inc.


Official website here: www.sar100.com

What is the revenue of Sigma Alpha Rho Alumni Association Inc?

Sigma Alpha Rho Alumni Association Inc's revenue in 2020 was $11,543.


Official website here: www.sar100.com

Who are the executives of Sigma Alpha Rho Alumni Association Inc and what are their salaries?


Here are 14 key members and their salaries:


Steven Greenberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Auerbach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Doner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Gross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Malmud (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Bagell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Benn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Blumenthal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Malis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Segal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Abovitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Fink (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Discount (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Hollander (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sar100.com

Where can I find the form 990 for Sigma Alpha Rho Alumni Association Inc?

Sigma Alpha Rho Alumni Association Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.sar100.com

Learn more at the official website: www.sar100.com

Mission Statement of Sigma Alpha Rho Alumni Association Inc

Sigma Alpha Rho Alumni Association Inc plays a crucial role in fundraising for its cause. They achieve this through various means, including sending out solicitations via direct mail, email, and personal outreaches. The association also organizes fundraising events, such as advertisement book sales and memorial contributions in honor of deceased members. These activities are instrumental in generating funds for their mission.

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Impact




August, 2024

The impact of Sigma Alpha Rho Alumni Association Inc can be seen through its dedication to supporting education through fundraising efforts. By sending out mail solicitations via direct mail and email, as well as personal and phone solicitations, the association raises funds to support various educational initiatives. Additionally, fundraising events, ad books, and contributions made in memory of members who have passed away further contribute to the association's mission of supporting education. Through these efforts, Sigma Alpha Rho Alumni Association Inc positively impacts the educational sector by providing much-needed financial support for students and educational programs.




This information is meant to be a general summary of Sigma Alpha Rho Alumni Association 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.

Revenue
$11,543 (2020)
Expenses
$50,069 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $11,543

Assets and Liabilities:

  • Total Assets: $37,592
  • Total Liabilities: $0
  • Net Assets: $37,592

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Organization Details

Founding Year

2015

Principal Officer

Stuart Discount

Main Address

601 ROUTE 73 NORTH 4TH FL, MARLTON, NJ, 08053

NTEE Category

Code: B84 - Education

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