House Corp Of Zeta Chapter Of Sigma Chi

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

EIN: 541685047 ✦ Lexington, VA ✦ Designated as a 501(c)(7)

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Overview

What is House Corp Of Zeta Chapter Of Sigma Chi?

House Corp of Zeta Chapter of Sigma Chi is a nonprofit organization that functions as a College Fraternity House Corporation. Their primary mission is to offer housing facilities, supervision, and connections to alumni for undergraduate members of a local chapter of a national fraternal organization within an educational institution. This organization aims to provide a supportive living environment for its members during their college years.

Is House Corp Of Zeta Chapter Of Sigma Chi legitimate?

House Corp Of Zeta Chapter Of Sigma Chi is a legitimate nonprofit organization registered as a 501(c)(7) entity. House Corp Of Zeta Chapter Of Sigma Chi 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: $48,300

For more financial information, click here

What is the mission statement of House Corp Of Zeta Chapter Of Sigma Chi?

House Corp of Zeta Chapter of Sigma Chi functions as a College Fraternity House Corporation. Its primary purpose is to offer living accommodations, supervision, and alumni connections to undergraduate members of a local chapter affiliated with a national fraternal organization within a university setting. The organization ensures a supportive environment for these students, facilitating their academic and social experiences during their time at the institution.

Who is the CEO of House Corp Of Zeta Chapter Of Sigma Chi?

Michael Armstrong is the President of House Corp Of Zeta Chapter Of Sigma Chi.

What is the revenue of House Corp Of Zeta Chapter Of Sigma Chi?

House Corp Of Zeta Chapter Of Sigma Chi's revenue in 2023 was $555,425.

Who are the executives of House Corp Of Zeta Chapter Of Sigma Chi and what are their salaries?

The average compensation at House Corp Of Zeta Chapter Of Sigma Chi during 2023 was $48,300. There is 1 employee at House Corp Of Zeta Chapter Of Sigma Chi.


Here are 2 key members and their salaries:


Michael Armstrong (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Ballenger (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for House Corp Of Zeta Chapter Of Sigma Chi?

House Corp Of Zeta Chapter Of Sigma Chi's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of House Corp Of Zeta Chapter Of Sigma Chi

The House Corp of Zeta Chapter of Sigma Chi serves as a College Fraternity House Corporation. Its primary mission is to offer living accommodations, supervision, and alumni connections to undergraduate members of a local chapter of a national fraternal organization within the premises of an educational institution. This organization plays a crucial role in providing a supportive environment for these students, ensuring their well-being and fostering a sense of fraternity among the members. By offering room and board, the House Corp helps in reducing the financial burden on individual students, allowing them to focus more on their academic pursuits. The involvement of alumni contacts adds an additional layer of support, offering guidance and mentorship to the undergraduate members. Overall, the House Corp of Zeta Chapter of Sigma Chi is dedicated to enriching the college experience of its members by providing a nurturing environment and fostering a sense of community within the fraternity.

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Impact




October, 2024

House Corp Of Zeta Chapter Of Sigma Chi plays a pivotal role in the collegiate experience for its members. By providing essential services such as room and board, the organization creates a supportive living environment that fosters camaraderie and brotherhood among undergraduate members. This structure not only facilitates academic and personal growth but also enhances the social experience on campus.

In addition to housing, House Corp offers supervision and guidance, ensuring that students have the resources they need to navigate their college years effectively. The connection to alumni provides networking opportunities that can be invaluable as members transition from college to their professional lives. Overall, the House Corp serves as a vital link in maintaining the traditions and values of the Sigma Chi fraternity while supporting the educational journey of its members in Lexington, VA.




This information is meant to be a general summary of House Corp Of Zeta Chapter Of Sigma Chi. 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
$555,425 (2023)
2011201220132014201520162017201820192020202120222023$0$150k$300k$450k$600k
Expenses
$531,135 (2023)
2011201220132014201520162017201820192020202120222023$0$200k$400k$600k$800k
Efficiency
20112012201320142015201620172018201920202021202220230%5%10%15%24%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $3,724
  • Program Service Revenue: $551,701
  • Gross Receipts: $555,425

Assets and Liabilities:

  • Total Assets: $326,233
  • Total Liabilities: $0
  • Net Assets: $326,233

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Programs

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

DUES FROM MEMBERS

Revenue

$551,701

Organization Details

Principal Officer

Michael Armstrong

Main Address

C/O IMLER IMLER 30 CROSSING LANE, LEXINGTON, VA, 24450

NTEE Category

Code: B83 - Education

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