Kappa Sigma Fraternity Housing Corp Of Columbia

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

EIN: 570629943 ✦ Columbia, SC ✦ Designated as a 501(c)(7)

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Overview

What is Kappa Sigma Fraternity Housing Corp Of Columbia?

Kappa Sigma Fraternity Housing Corp Of Columbia is a nonprofit organization located in Columbia, South Carolina. Their primary focus is to support the Kappa Sigma Fraternity Chi-Omega chapter at the University of South Carolina. During the academic year, they operate a chapter house, accommodating 34 student members and a house director, offering amenities such as study areas, internet access, laundry facilities, and social spaces. The organization also provides scholarships for leadership programs and hosts events like recruitment functions, alumni brunches, and formals. Their mission involves promoting and upholding the values of Kappa Sigma Fraternity, while assisting in legal, business, housing, and social matters for the chapter. They work collaboratively with the University Office of Greek Life and the Greek Village Association.

Is Kappa Sigma Fraternity Housing Corp Of Columbia legitimate?

Kappa Sigma Fraternity Housing Corp Of Columbia is a legitimate nonprofit organization registered as a 501(c)(7) entity. Kappa Sigma Fraternity Housing Corp Of Columbia 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: $67,365

For more financial information, click here

What is the mission statement of Kappa Sigma Fraternity Housing Corp Of Columbia?

Kappa Sigma Fraternity Housing Corp Of Columbia's mission is primarily focused on supporting the Kappa Sigma Fraternity Chi-Omega chapter at the University of South Carolina. The corporation aims to promote and uphold the fraternal principles and ideals of Kappa Sigma Fraternity. It assists the chapter in legal, business, housing, boarding, and social matters. During the academic year, they operate a fraternity chapter house, providing necessary amenities for educational, social, and brotherhood needs. They offer scholarships for undergraduate members to attend leadership events and provide refreshments for recruitment functions, among other activities. Their major achievements include managing the property's mortgage and maintaining its condition while ensuring the chapter's good standing with the university and nationals.

Who is the CEO of Kappa Sigma Fraternity Housing Corp Of Columbia?

Ryan Maltba is the President of Kappa Sigma Fraternity Housing Corp Of Columbia.

What is the revenue of Kappa Sigma Fraternity Housing Corp Of Columbia?

Kappa Sigma Fraternity Housing Corp Of Columbia's revenue in 2022 was $392,084.

Who are the executives of Kappa Sigma Fraternity Housing Corp Of Columbia and what are their salaries?

The average compensation at Kappa Sigma Fraternity Housing Corp Of Columbia during 2022 was $13,473. There are 5 employees at Kappa Sigma Fraternity Housing Corp Of Columbia.


Here are 7 key members and their salaries:


Mitch Corbett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vann Mullis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Maltba (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Hinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Welp (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Lambert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Max Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kappa Sigma Fraternity Housing Corp Of Columbia?

Kappa Sigma Fraternity Housing Corp Of Columbia's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kappa Sigma Fraternity Housing Corp Of Columbia

Kappa Sigma Fraternity Housing Corp Of Columbia serves a vital role in promoting and upholding the fraternal values and principles of the Kappa Sigma Fraternity. Specifically, they assist the Chi-Omega chapter of Kappa Sigma Fraternity at the University of South Carolina, providing legal, business, housing, boarding, and social support. Their mission is multifaceted, encompassing the operation of a fraternity chapter house during the academic year, providing necessary amenities such as study areas, internet connections, and meals for members. The corporation also works diligently to manage the property, reducing debt and ensuring its maintenance. Moreover, they provide living quarters for a house director to manage the fraternity house efficiently.

Kappa Sigma Fraternity Housing Corp Of Columbia also collaborates with the University Office of Greek Life and the Greek Village Association, ensuring the smooth functioning of the Greek Village and the collection of room and board fees. The corporation extends its support to various chapter events, such as recruitment functions, alumni gatherings, and formals, providing refreshments and entertainment. Furthermore, they offer scholarships to undergraduate brothers, enabling them to attend leadership conclaves and the biennial Grand Conclave, thereby fostering personal growth and leadership development within the fraternity.

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Impact




October, 2024

Kappa Sigma Fraternity Housing Corp of Columbia plays a significant role in enhancing the collegiate experience for members of the Chi-Omega chapter at the University of South Carolina. By providing a structured living environment, the organization fosters a sense of community and brotherhood among its members, offering them a residence equipped with necessary amenities like library and study areas, laundry facilities, and computer connections.

The fraternity house accommodates 34 student members and includes facilities that support educational pursuits, social interactions, and recreational activities. Hosting meals during the academic year not only ensures that members are well-nourished but also promotes gathering and bonding, essential elements of fraternity life.

The organization also maintains a focus on financial sustainability, effectively managing mortgages and reducing debt, which contributes to the long-term viability of the housing facility. By ensuring that the fraternity chapter remains in good standing with the University and its national organization, Kappa Sigma Housing Corp solidifies its commitment to the principles of Kappa Sigma.

Additionally, by collaborating with the University Office of Greek Life, the organization helps facilitate key interactions within the Greek community, ensuring the smooth operation of the Greek Village and timely collection of fees. The implementation of events such as recruitment functions, brunches for alumni and parents, and entertainment during formals enhances the fraternity's engagement with its members and the wider university community.

Moreover, providing scholarships for leadership development underscores the commitment to education and personal growth among its members, helping to cultivate future leaders. Overall, Kappa Sigma Fraternity Housing Corp of Columbia significantly enriches the collegiate experience by promoting a supportive environment that aligns with the fraternal ideals of Kappa Sigma.




This information is meant to be a general summary of Kappa Sigma Fraternity Housing Corp Of Columbia. 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
$392,084 (2022)
Expenses
$416,586 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $216
  • Program Service Revenue: $391,868
  • Gross Receipts: $392,084

Assets and Liabilities:

  • Total Assets: $1,479,865
  • Total Liabilities: $1,056,942
  • Net Assets: $422,923

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Programs

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

Student Room & Board

Revenue

$391,868

Organization Details

Founding Year

1975

Principal Officer

Ryan Maltba

Main Address

PO Box 455, Columbia, SC, 29202

NTEE Category

Code: B83 - Education

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