Alpha Chi Sigma Fraternity FY2021 filing

Tax-deductible

Eden Prairie, MN501(c)(3)EIN 41-6042593

This page gets seen. Tell your story. Claim this org.

To provide a home in the vicinity of the university of minnesota for Fraternity members.

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists 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
4 of 6
filings with a surplus
Average surplus $159K a year · 78% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
326 mo
of spending, in cash
Looks good: 326.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 6 voting members
Concern: none of 6 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$991K
×16 vs prior year
Spent
$48K
To programs
93%
Net assets
$1.4M
By yearFY2020–FY2025
Revenue
$991K
FY2021▲ ×16
Revenue by fiscal year
FY2020$63K
FY2021$991K
FY2022$36K
FY2023$28K
FY2024$51K
FY2025$61K
Expenses
$48K
FY2021▼ -15%
Expenses by fiscal year
FY2020$56K
FY2021$48K
FY2022$42K
FY2023$39K
FY2024$49K
FY2025$40K
Net assets
$1.4M
FY2021▲ +242%
Net assets by fiscal year
FY2020$398K
FY2021$1.4M
FY2022$1.2M
FY2023$1.3M
FY2024$1.5M
FY2025$1.6M

From the FY2021 Form 990 (year ending September 2021) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 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 Sep 1945.

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

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $45K Management & general 7% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
See Alpha Chi Sigma Fraternity executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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

Offers housing near the University of Minnesota for fraternity members.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $45K · in their own filed words · FY2020
01

To provide a home in the vicinity of the university of minnesota for fraternity members.

$45Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$991K
Ln 12
Investment incomeLn 3$971K
Fees for servicesLn 2g$20K
Gifts and grantsLn 1h$11
Money outPt IX
$48K
Ln 25
Programscol B$45K
Managementcol C$3K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.3M
Total assetsLn 16$1.4M
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$11
Fees for servicesLn 2g$20K
Investment incomeLn 3$971K
Gains on assetsLn 7$970K
Total revenueLn 12$991K
Assets in detailPt X, end of year
CashLn 1$1.3M
Cash and savings togetherLn 1–2$1.3M
InvestmentsLn 11–13$57K
Total assetsLn 16$1.4M
LiabilitiesLn 26$0
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderSeptember
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 FY21End FY21
Cash and savingsLn 1–2$27K$1.3M
InvestmentsLn 11–13$44K$57K
Total assetsLn 16$398K$1.4M
LiabilitiesLn 26$0$0
Net assetsLn 32$398K$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$975$975
Investment management feesLn 11f$2K$2K
Office expensesLn 13$180$180
OccupancyLn 16$44K$44K
Depreciation, depletion and amortizationLn 22$754$754
Total functional expensesLn 25$48K$45K$3K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $61K$40K$21K$1.6M 990 PDF
FY2024 $51K$49K$3K$1.5M 990 PDF
FY2023 $28K$39K−$11K$1.3M 990 PDF
FY2022 $36K$42K−$6K$1.2M 990 PDF
FY2021 Viewing $991K$48K$943K$1.4M 990 PDF
FY2020 $63K$56K$7K$398K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $990,543 across 6 lines filed
VIII-1d Related organizations$11
VIII-1h Total contributions, gifts and grants$11
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $20,023$20,023
VIII-3 Investment incomeRelated to mission $544$544
VIII-7 Net gain or loss on sales of assetsRelated to mission $969,965$969,965
VIII-12 Total revenueRelated to mission $990,532 · Unrelated business $0 · Excluded from tax $0$990,543
Part IX · Statement of functional expenses $47,964 across 5 lines filed
IX-11b Legal feesManagement $975$975
IX-11f Investment management feesManagement $2,000$2,000
IX-13 Office expensesManagement $180$180
IX-16 OccupancyPrograms $44,055$44,055
IX-22 Depreciation, depletion and amortizationPrograms $754$754
IX-25 Total functional expensesPrograms $44,809 · Management $3,155 · Fundraising $0$47,964
Part X · Balance sheet $1,361,328 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $27,280$1,304,228
X-11 Publicly traded securitiesStart of year $44,430$57,100
X-16 Total assetsStart of year $397,846$1,361,328
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $397,846$1,361,328
X-33 Total liabilities and net assetsStart of year $397,846$1,361,328
Part XI · Reconciliation of net assets $1,361,328 net assets at year end
XI-1 Total revenue$990,543
XI-2 Total expenses$47,964
XI-3 Revenue less expenses$942,579
XI-4 Net assets at start of year$397,846
XI-5 Net unrealized gains (losses) on investments$20,903
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,361,328

Form 990 e-file (XML) FY2021 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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

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.