Sigma Alpha Epsilon Fraternity FY2022 filing

Not tax-deductible

Minneapolis, MN501(c)(7)EIN 41-0538591Revenue $424K in FY2022

On file with the IRS2221 University Ave Se Ste 111, 55414-3074 · Minneapolis, MNTax-exempt since Nov 1940

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Social club providing collegiate Fraternity housing, activities, and environment.

501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $14K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
2 mo
of spending, in cash
Fine: 1.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$50K
56% of total assets
Fine: liabilities are 56% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
76
of 76 voting members
Looks good: 76 of 76 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$424K
-1% vs prior year
Spent
$422K
To programs
0%
Net assets
$40K
By yearFY2021–FY2025
Revenue
$424K
FY2022▼ -1%
Tap a bar for its year
Revenue by fiscal year
FY2021$429K
FY2022$424K
FY2023$390K
FY2024$429K
FY2025$556K
Expenses
$422K
FY2022▲ +31%
Tap a bar for its year
Expenses by fiscal year
FY2021$322K
FY2022$422K
FY2023$419K
FY2024$454K
FY2025$539K
Net assets
$40K
FY2022▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2021$38K
FY2022$40K
FY2023$11K
FY2024−$15K
FY2025$2K

From the FY2022 Form 990 (year ending June 2022) · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1940.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

15 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Risk Manager
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
House Manager
$0Pt VII · Sec A
House Manager
$0Pt VII · Sec A
See Sigma Alpha Epsilon Fraternity executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides collegiate fraternity housing, activities, and a supportive environment.

Questions for Sigma Alpha Epsilon Fraternity

Tap to ask. Sigma Alpha Epsilon Fraternity sees how many people are interested.

Your first name shows with your question. Sigma Alpha Epsilon Fraternity answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2021
01

Membership consisted of male undergraduate students attending the university of minnesota housing is provided for up to 42 members of the fraternity a full time chef provides meals for all members

Pt IX · col B

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$424K
Ln 12
Fees for servicesLn 2g$420K
Other incomeLn 4–11$3K
Investment incomeLn 3$982
Money outPt IX
$422K
Ln 25
Owns and owesPt X
$40K
net assets · Ln 32
Cash and savingsLn 1–2$59K
Total assetsLn 16$91K
LiabilitiesLn 26$50K
PeoplePt VI, VII
15
listed · VII A
PaidVII A0
Voting boardVI 1a76
IndependentVI 1b76
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$420K
Investment incomeLn 3$982
Other incomeLn 4–11$3K
Total revenueLn 12$424K
Assets in detailPt X, end of year
CashLn 1$26K
SavingsLn 2$33K
Cash and savings togetherLn 1–2$59K
InvestmentsLn 11–13$4K
Land, buildings, equipmentLn 10c$1K
Other assetsLn 15$2K
Total assetsLn 16$91K
LiabilitiesLn 26$50K
Net assetsLn 32$40K
OperationsPt I, VI
EmployeesI 50
VolunteersI 676
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$77K$59K
InvestmentsLn 11–13$3K$4K
Land, buildings, equipmentLn 10c$2K$1K
Total assetsLn 16$80K$91K
LiabilitiesLn 26$42K$50K
Net assetsLn 32$38K$40K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$3K$0
Accounting feesLn 11c$7K$0$0$0
Office expensesLn 13$821$0$0$0
OccupancyLn 16$245K$0$0$0
Conferences, conventions and meetingsLn 19$2K$0$0$0
Payments to affiliatesLn 21$7K$0$0$0
Depreciation, depletion and amortizationLn 22$304$0$0$0
InsuranceLn 23$19K$0$0$0
Other expenses (24a–d)Ln 24$138K$0$0$0
Total functional expensesLn 25$422K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $556K$539K$17K$2K 990 PDF
FY2024 $429K$454K−$26K−$15K 990 PDF
FY2023 $390K$419K−$29K$11K 990 PDF
FY2022 Viewing $424K$422K$2K$40K 990 PDF
FY2021 $429K$322K$107K$38K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $424,308 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $330,718$420,275
I-10 Investment incomePrior year $255$982
I-11 Other revenuePrior year $98,243$3,051
I-12 Total revenuePrior year $429,216$424,308
I-13 Grants and similar amounts paidPrior year $3,700$3,120
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $8$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $318,690$418,709
I-18 Total expensesPrior year $322,398$421,829
I-19 Revenue less expensesPrior year $106,818$2,479
Part VI · Governance 76 of 76 board members independent, 4 to look at
VI-1a Voting members of the governing body76
VI-1b Independent voting members76
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $424,308 across 5 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$420,275
VIII-3 Investment incomeUnrelated business $982 · Excluded from tax $0$982
VIII-8 Net income from fundraising eventsUnrelated business $2,971 · Excluded from tax $0$2,971
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $80 · Unrelated business $0 · Excluded from tax $0$80
VIII-12 Total revenueRelated to mission $420,355 · Unrelated business $3,953 · Excluded from tax $0$424,308
Part IX · Statement of functional expenses $421,829 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $0$3,120
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$6,817
IX-13 Office expensesPrograms $0 · Management $0 · Fundraising $0$821
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$244,829
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$1,560
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$7,392
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$304
IX-23 InsurancePrograms $0 · Management $0 · Fundraising $0$18,571
IX-24 Other expenses (24a–d)Programs $0 · Management $0 · Fundraising $0$138,415
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$421,829
Part X · Balance sheet $90,573 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $44,148$25,876
X-2 Savings and temporary cash investmentsStart of year $33,009$33,016
X-4 Accounts receivableStart of year −$5,638$20,867
X-8 Inventories for sale or useStart of year $300$200
X-9 Prepaid expenses and deferred chargesStart of year $761$3,000
X-10c Land, buildings and equipment, netStart of year $1,759$1,455
X-13 Program-related investmentsStart of year $3,475$4,159
X-15 Other assetsStart of year $2,000$2,000
X-16 Total assetsStart of year $79,814$90,573
X-17 Accounts payable and accrued expensesStart of year $1,156$1,436
X-25 Other liabilitiesStart of year $41,000$49,000
X-26 Total liabilitiesStart of year $42,156$50,436
X-32 Total net assets or fund balancesStart of year $37,658$40,137
X-33 Total liabilities and net assetsStart of year $79,814$90,573
Part XI · Reconciliation of net assets $40,137 net assets at year end
XI-1 Total revenue$424,308
XI-2 Total expenses$421,829
XI-3 Revenue less expenses$2,479
XI-4 Net assets at start of year$37,658
XI-10 Net assets at end of year$40,137

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.