2024-05-14T10:19:05-05:00 2023-06-30 620713250 KRAFTCPAS PLLC 555 GREAT CIRCLE ROAD NASHVILLE TN 37228 990 2022-07-01 221281800 SIGMA PI FRATERNITY INTERNATIONAL INC SIGM 6159212304 1101 KERMIT DR 730 NASHVILLE TN 37217 JONATHAN FROST EXECUTIVE DIRECTOR/CEO 6159212304 2024-05-14 1 JONATHAN FROST 999009999 1 KEN YOUNGSTEAD P03130567 6152427351 2024-05-13 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z JONATHAN FROST 1101 KERMIT DR 730 NASHVILLE TN 37217 3263181 0 X WWW.SIGMAPI.ORG X 1923 IN TO PROMOTE FELLOWSHIP THROUGH EDUCATION, LEADERSHIP, AND CIVIC INVOLVEMENT. 7 7 14 0 0 0 0 42464 2886488 3100088 17944 40846 98355 64140 3002787 3247538 0 1035000 0 0 582567 179787 0 0 0 1979009 3189815 2561576 4404602 441211 -1157064 4010997 2773566 350957 173335 3660040 2600231 X TO PROMOTE FELLOWSHIP THROUGH EDUCATION, LEADERSHIP, AND CIVIC INVOLVEMENT. 0 1 3793998 1035000 3124493 THE FRATERNITY PROVIDES MAINTENANCE AND SUPPORT OF CHARTER PROGRAMS ESTABLISHING SCHOLARSHIPS, LEADERSHIP, FELLOWSHIP, AND CIVIC INVOLVEMENT OF MEMBERS. THE FRATERNITY OPERATES NUMEROUS PROGRAMS INCLUDING THE FOLLOWING: INSURANCE - THE FRATERNITY PROVIDES RISK AND CLAIMS MANAGEMENT SERVICES TO THE INDIVIDUAL CHAPTERS WHICH INCLUDE OBTAINING AND ADMINISTERING LIABILITY INSURANCE COVERAGE. IT ALSO ADMINISTERS CLAIMS RELATED LEGAL SERVICES AND CLAIMS PAYMENTS FOR THE DEDUCTIBLE PORTION OF ALL LIABILITY CLAIMS OF THE FRATERNITY CHAPTERS.CHAPTER SERVICES - THE FRATERNITY PROVIDES ORGANIZATIONAL SUPPORT AND LEADERSHIP TRAINING TO INDIVIDUAL CHAPTERS AND COLONIES LOCATED THROUGHOUT THE UNITED STATES AND CANADA. CHAPTERS AND COLONIES ARE SEPARATE LEGAL ENTITIES, AND ARE PRIMARILY ORGANIZED AS UNINCORPORATED ASSOCIATIONS. ACCORDINGLY, THE ACCOUNTS OF THE INDIVIDUAL CHAPTERS ARE NOT REPORTED IN THE ACCOMPANYING FINANCIAL STATEMENTS.HOUSING - THE FRATERNITY SOMETIMES PROVIDES SMALL LOANS TO CHAPTERS AND COLONIES TO BE USED IN OBTAINING HOUSING. IT ALSO PROVIDES AN ADVISORY COMMITTEE THAT REVIEWS CONTRACTS AND PROVIDES ADVICE TO THE CHAPTERS AND COLONIES SEEKING HOUSING.COMMUNICATION - THE FRATERNITY SPONSORS A QUARTERLY PUBLICATION AND WEBSITE WITH NEWS OF EVENTS AND ACTIVITIES OF INTEREST TO MEMBERS AND ALUMNI.EXPANSION - THE FRATERNITY CONDUCTS RECRUITMENT ACTIVITIES AND SUPPORTS THE FORMATION OF NEW CHAPTERS AND COLONIES IN PROMOTION OF ITS MEMBERSHIP.CONVOCATION - THE FRATERNITY CONDUCTS A BIENNIAL CONVOCATION HELD ON EVEN NUMBERED YEARS TO ASSEMBLE REPRESENTATIVES FROM ACROSS THE MEMBERSHIP AND CHAPTERS AND TO CONDUCT BUSINESS AFFAIRS OF THE FRATERNITY.MIDYEAR CONFERENCE AND TONY SIRESS LEADERSHIP SUMMIT - MIDYEAR IS A VOLUNTARY, ANNUAL PROGRAM HELD IN JANUARY AND PROVIDES TRAINING TO FRATERNITY OFFICERS AND RECRUITMENT CHAIRMEN. THE TONY SIRESS LEADERSHIP SUMMIT IS A COMPLIMENTARY ANNUAL LEADERSHIP PROGRAM DESIGNED FOR THE PRESIDENTS ACROSS THE FRATERNITY. 3793998 0 1 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 14 1 1 1 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 0 1 1 1 0 1 1 0 1 1 1 0 0 0 0 0 TN X JENNIFER WYATT 6159212304 1101 KERMIT DR SUITE 730 NASHVILLE TN 37217 CHRISTIAN MIELE GRAND 2ND COUNSELOR (START 8/22) 1.00 X X 0 0 0 WESLEY KENT VARNEY G 4TH COUNS/G SAGE (END/START 8/22) 1.00 X X 0 0 0 BRIAN DEVOT GRAND 1ST COUNSELOR (START 8/22) 1.00 X X 0 0 0 BRIAN KURISKY GRAND FOURTH COUNSELOR 1.00 X X 0 0 0 JUSTIN TODOROFF GRAND THIRD COUNSELOR 1.00 X X 0 0 0 JOSEPH PALAZZOLO G SAGE/PAST G SAGE (END/START 8/22) 1.00 X X 0 0 0 RYAN POST GRAND HERALD (START 8/22) 1.00 X X 0 0 0 RHETT LAROSE GRAND SECOND COUNSELOR (END 8/22) 1.00 X X 0 0 0 PAUL WYDRA GRAND HERALD (END 8/22) 1.00 X X 0 0 0 LARRY ROVIRA PAST GRAND SAGE (END 8/22) 1.00 X 0 0 0 JONATHAN M FROST EXECUTIVE DIRECTOR 40.00 X 84448 0 5803 84448 0 5803 0 0 0 0 ASSOCIATION AND ORGANIZATION SERVICES I 745 PINE GROVE RD SMITHVILLE TN 37166 MANAGEMENT SERVICES 424535 1 42464 42464 MEMBERSHIP DUES 611600 2835743 2835743 CONVOCATION 611600 264345 264345 3100088 43717 43717 39735 39735 12772 15643 -2871 -2871 -2871 5115 0 5115 5115 FOUNDATION REIMBURSED 611600 10315 10315 MISCELLANEOUS 611600 8975 8975 19290 3247538 3124493 0 80581 1035000 37395 120301 9811 12280 1281581 29098 7945 67227 24976 148240 23959 220245 333974 866914 MEMBERSHIP AND EDUCATIO 54695 BAD DEBT EXPENSE 42925 OTHER EXPENSES 28354 DUES AND SUBSCRIPTIONS 15500 44182 4404602 2254105 1028152 850270 870432 0 129973 136015 1776 0 41218 7445 335064 189218 112695 112695 0 0 239988 293137 158603 249167 4010997 2773566 76850 0 226650 6525 47457 166810 350957 173335 X 3660040 2600231 3660040 2600231 4010997 2773566 -1157064 -3951 101206 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 112695 112695 0 0 INVESTMENTS, AT FAIR VALUE 293137 C 293137 OPERATING LEASE, RIGHT-OF-USE ASSET 90564 OTHER ASSETS 4689 MEMBERSHIP IN FRMT, LTD. 153914 249167 RESERVE FOR LIABILITY INSURANCE 75000 OPERATING LEASE LIABILITY 91810 166810 X 3243587 -3951 -3951 3247538 0 3247538 3404602 0 3404602 1000000 1000000 4404602 PART X, LINE 2: MANAGEMENT PERFORMS AN EVALUATION OF ALL INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE FRATERNITY'S INCOME TAX RETURNS TO DETERMINE WHETHER THE INCOME TAX POSITIONS MEET A "MORE LIKELY THAN NOT" STANDARD OF BEING SUSTAINED UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS PERFORMED ITS EVALUATION OF ALL INCOME TAX POSITIONS TAKEN ON ALL OPEN INCOME TAX RETURNS AND HAS DETERMINED THAT THERE WERE NO POSITIONS TAKEN THAT DO NOT MEET THE "MORE LIKELY THAN NOT" STANDARD. ACCORDINGLY, THERE ARE NO PROVISIONS FOR INCOME TAXES, PENALTIES OR INTEREST RECEIVABLE OR PAYABLE RELATING TO UNCERTAIN INCOME TAX POSITIONS IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT TO ORGANIZATION 1,000,000. 0 PHI KAPPA ALPHA FOUNDATION 8347 WEST RANGE COVE MEMPHIS TN 38128 626039877 501(C)(3) 10000 0 JOHN BOBANGO ADVISED SCHOLARSHIP SIGMA PI EDUCATIONAL FOUNDATION 1101 KERMIT DR STE 730 NASHVILLE TN 37217 226034109 501(C)(3) 25000 0 EXPANSION SCHOLARSHIPS SUGARBUSH HOLDINGS LLC 1101 KERMIT DR STE 730 NASHVILLE TN 37217 931510091 1000000 0 TO TRANSFER PROCEEDS FROM THE SALE OF MITCHELL HOUSE 2 0 FORM 990, PART III, LINE 3 IN OCTOBER 2022, THE FRATERNITY ENTERED INTO A MANAGEMENT SERVICES AGREEMENT WITH ASSOCIATION AND ORGANIZATION SERVICES, INC. (AOS), A SEPARATE LEGAL ENTITY WITH IT'S OWN BOARD OF DIRECTORS. AOS PROVIDES MANAGEMENT, ADVISORY AND CONSULTING SERVICES RELATED TO MOST ALL OF THE AFFAIRS AND OPERATIONS OF THE FRATERNITY. FORM 990, PART VI, SECTION A, LINE 6 INDIVIDUALS ARE MEMBERS, OR BROTHERS, OF THE FRATERNITY. FORM 990, PART VI, SECTION A, LINE 7B THE CONVOCATION OF THE GRAND CHAPTER IS HELD BIENNIALLY. ALL AMENDMENTS TO THE BYLAWS WHICH MAY HAVE BEEN PROMULGATED BY THE GRAND COUNCIL SUBSEQUENT TO THE LAST CONVOCATION ARE CONSIDERED AND RATIFIED OR REJECTED. FORM 990, PART VI, SECTION B, LINE 11B SIGMA PI FRATERNITY INTERNATIONAL, INC. ENGAGES ITS CPA FIRM TO COMPLETE FORM 990, 990-T AND THEIR SUPPORTING SCHEDULES. SIGMA PI FRATERNITY, INTERNATIONAL INC.'S MANAGEMENT REVIEWS THE FILINGS BEFORE SUBMISSION TO THE IRS OR OTHER AGENCIES. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL DISCLOSURES FORM 990, PART VI, SECTION C, LINE 19 SIGMA PI FRATERNITY, INTERNATIONAL INC. HAS CHOSEN NOT TO MAKE ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. PART XII, LINE 2C SIGMA PI FRATERNITY, INTERNATIONAL INC. HAS NOT CHANGED ITS PROCESS FOR SUPERVISING THE ANNUAL PREPARATION OF ITS FINANCIAL STATEMENTS.