2025-09-07T10:46:50-04:00 2024-09-30 814361711 G A WEST - ACCOUNTANT PO BOX 3213 Brewer ME 04412 990 2023-10-01 237277292 MAINE ALPHA CORP OF SIGMA PHI EPSILON MAIN 375 COLLEGE AVE ORONO ME 04473 LUKE FINNEMORE VICE PRESIDENT 2079895656 2025-02-28 false true GARY A WEST JR EA P01333911 2079895656 2025-09-07 2023 2025-03-06 01:10:19Z ALEC YOUNG 14 WOODLAND ST FRYEBURG ME 04037 107936 false X X 1953 ME WE ARE HOLDING THE CHAPTER HOUSE FOR SIGMA PHI EPSILON AT THE UNIVERSITY OF MAINE AT ORONO THERE ARE TYPICALLY OVER 50 ENROLLED STUDENTS THAT BENEFIT ANNUALLY FROM THIS HOUSINGADDITIONALLY WE PROVIDE SCHOLORSHIPS BASED ON ACADEMIC ACHIEVMENT AND OTHER WORTHINESS CRITERIA 21 21 0 0 0 0 164091 107905 24 31 0 164115 107936 1000 550 0 0 0 0 129818 282071 130818 282621 33297 -174685 866694 713662 0 866694 713662 WE ARE HOLDING THE CHAPTER HOUSE FOR SIGMA PHI EPSILON AT THE UNIVERSITY OF MAINE AT ORONO THERE ARE TYPICALLY OVER 50 ENROLLED STUDENTS THAT BENEFIT ANNUALLY FROM THIS HOUSINGADDITIONALLY WE PROVIDE SCHOLORSHIPS BASED ON ACADEMIC ACHIEVMENT AND OTHER WORTHINESS CRITERIA false false 194745 PROVIDE OCCUPANCY OVERHEAD AND SHELTER TO FRATERNITY BROTHERS 86569 PROVIDE PROGRAMMING, ADMINISTRATIVE AND RELATED ACTIVITIES TO THE BROTHERS 757 PROVIDE COOKING FUEL FOR FRATERNITY BROTHER MEALS 550 PROVIDE SCHOLARHIPS TO FRATERNITY BROTHERS 550 282621 false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 true 0 true false false false false false 0 0 false false false X 21 21 false false false false true true true true true false false true false false false false false false X GARY WEST 2079895656 PO BOX 3213 BREWER ME 04412 X LUKE FINNEMORE VICE PRESIDENT 1.00 0.00 X 0 0 0 ALEC YOUNG PRESIDENT 6.00 0.00 X 0 0 0 0 0 0 0 false false false RENT AND PARLOR FEES 531110 107905 107905 107905 31 31 107936 107936 0 0 X 550 550 6600 6600 79845 79845 881 881 194745 194745 282621 282621 0 0 86175 63592 557615 404270 245800 222900 245800 4 866694 713662 0 0 X 866694 713662 866694 713662 866694 713662 X -174685 21653 X true X false false 245800 245800 245800 Unrelated business income explanation Part V line 3b WE HAVE RECEIVED A FAVORABLE CLOSING STATEMENT FROM THE INTERNAL REVENUE SERVICES IN REGARDS TO INCOME THAT IS BEING SET ASIDE FOR EDUCATIONAL PURPOSES IN THE ORGANIZATIONS BUILDING FUND.1. THE NEW BUILDING WILL COST AN ESTIMATED $2-3 MILLION.2. THE CURRENT SET ASIDE BUILDING FUND BALANCE IS APPROXIMATELY $404,2703. THE DOWN PAYMENT REQUIRED WILL BE WELL OVER $500,000.4. THE ORGANIZATION IS HOPEFUL THAT ANNUAL SET ASIDE SAVINGS WILL BE ABOUT $50,000 (OF THISAMOUNT APPROXIMATELY $10,000 WILL BE DERIVED FROM INVESTMENT EARNINGS WITHIN THE BUILDING FUND)5. THE ORGANIZATION IS WORKING DILIGENTLY IN BUILDING THE SET ASIDES TO REACH THE REQUIRED DOWNPAYMENT AMOUNT.6. ALL SET ASIDE FUNDS WILL GO INTO THE NEW BUILDING. Members or stockholder classes and rights Part VI line 6 CORPORATION HAS BOARD MEMBERS ELECTED BY GRADUATED MEMBERS OF FRATERNITY. Member election for additional members Part VI line 7a THE CORPORATION AVC BOARD MEMBERS ARE ELECTED BY GRADUATED MEMBERS OF FRATERNITY. Governing body decisions Part VI line 7b THE CORPORATIONS AVC BOARD MAKES GOVERNING BODY DECISIONS. Form 990 governing body review Part VI line 11 REVIEW WAS CONDUCTED Form 990 availability to public Part VI line 18 NO DOCUMENTS MADE AVAILABLE TO THE PUBLIC Governing documents etc available to public Part VI line 19 DOCUMENTS AVAILABLE TO AVC BOARD Explanation of other changes in net assets or fund balances Part XI line 9 INCREASE DECREASE IN BUILDING SET ASIDE FUND BALANCE List of other fees for services expenses Part IX line 11g SEPARATE DETAIL STATEMENT ATTACHED