Overview
What is Sigma Nu Fraternity Home Assoc Inc?
Sigma Nu Fraternity Home Assoc Inc is a nonprofit organization with the primary objective of managing property for its affiliated Sigma Nu chapter. By holding title to the property and collecting income from it, this organization supports its chapter financially. Regularly, the income derived from the property is transferred to the Sigma Nu chapter. This association's mission is to ensure the proper maintenance of the property for the benefit of its associated Sigma Nu chapter.
Is Sigma Nu Fraternity Home Assoc Inc legitimate?
Sigma Nu Fraternity Home Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Sigma Nu Fraternity Home Assoc Inc submitted a form 990EZ, 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
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What is the mission statement of Sigma Nu Fraternity Home Assoc Inc?
The primary mission of Sigma Nu Fraternity Home Assoc Inc is to manage and maintain property on behalf of its affiliated Sigma Nu chapter. The organization collects income from this property and regularly transfers these funds to the chapter. In essence, Sigma Nu Fraternity Home Assoc Inc serves as a property custodian, ensuring the chapter has a suitable base of operations. This role allows the Sigma Nu chapter to focus on its fraternal activities without the burden of property management.
What is the revenue of Sigma Nu Fraternity Home Assoc Inc?
Sigma Nu Fraternity Home Assoc Inc's revenue in 2022 was $172,799.
Who are the executives of Sigma Nu Fraternity Home Assoc Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Sigma Nu Fraternity Home Assoc Inc?
Sigma Nu Fraternity Home Assoc Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Sigma Nu Fraternity Home Assoc Inc
Sigma Nu Fraternity Home Assoc Inc serves a unique role in supporting its affiliated Sigma Nu chapter. The organization's primary mission is to manage property and collect income generated from it, subsequently channeling these funds to its associated chapter. This financial support is crucial in maintaining the chapter's operations. In essence, Sigma Nu Fraternity Home Assoc Inc acts as a steward for the chapter, ensuring that it has the necessary resources to thrive. By managing property and allocating income, this organization plays a pivotal role in supporting the activities and growth of the Sigma Nu chapter.
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Impact
October, 2024
Sigma Nu Fraternity Home Assoc Inc plays a significant role in supporting the Mu chapter of Sigma Nu by managing property and generating income that is reinvested back into the chapter. This arrangement ensures that the fraternity has a stable physical foundation, fostering a supportive environment for its members. By maintaining the property, the organization helps create a space where educational, social, and community-building activities can thrive, ultimately enhancing the experience of fraternity members and promoting their values. The revenue collected is strategically allocated to support the chapter's initiatives, thereby facilitating community improvement and engagement within the broader Atlanta area. Through its mission, Sigma Nu Fraternity Home Assoc Inc contributes to both the personal development of its members and the enrichment of the local community.
This information is meant to be a general summary of Sigma Nu Fraternity Home Assoc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $172,799
- Gross Receipts: $172,799
Assets and Liabilities:
- Total Assets: $317,130
- Total Liabilities: $0
- Net Assets: $317,130
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Organization Details
Principal Officer
Robert Durham
NTEE Category
Code: S47 - Community improvement
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