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Nonprofit · EIN 41-0693115

SIGMA ALPHA MU FRATERNITY

Also known as KAPPA CHAPTER

Tax-exempt (reinstated) · MINNEAPOLIS, MN 55414

Financials

$340K$361K2024
Revenue Expenses · by fiscal year end
Financials of SIGMA ALPHA MU FRATERNITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$339,685$361,420-$21,735$28,307$237,637-$209,330
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$68,540
Membership dues
$68,540
Program service revenue
$269,354
Investment income
$1,408
Other revenue
$383

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$39,000
Salaries, compensation and benefits (total)
$42,540
Professional fundraising fees
$0
Accounting fees
$8,830
Occupancy
$211,432
Program services (functional)
$361,420

Balance sheet and other

Total assets, start of year
$37,208
Total assets, end of year
$28,307
Total liabilities, end of year
$237,637
Net assets, end of year
-$209,330
Gross unrelated business income
$30,177
Gross receipts
$339,685
Employees
1
Volunteers
54
Year formed
1915
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
AARON BERKPRIOR
Officer
17$0
GAVIN OSTRENGAINTERNAL VICE PRIOR
Officer
13$0
AIDAN SHAFTONEXTERNAL VICE PRIOR
Officer
10$0
BENNETT FRIEDMANEXCHEQUER
Officer
7$0
NOAH LEVENTHALRECORDER
Officer
5$0

Address and contacts

Address (IRS master file)
2221 UNIVERSITY AVE SE STE 111, MINNEAPOLIS, MN 55414-3074
In care of
% MIKE POSNICK
Principal officer (990 for 2024)
BRADY KOPP, 928 5th Street SE, Minneapolis, MN 55414
Signed the 990
BRADY KOPP, EXCHEQUER
Phone
(612) 624-5015
Return prepared by
Fraternity Purchasing Association

Mission

PROVIDING HOUSING, FOOD, SOCIAL AND OTHER ACTIVITIES FOR THE MEMBERS, ALUMNI AND GUESTS OF THE KAPPA CHAPTER OF SIGMA ALPHA MU FRATERNITY.

990 for the year ended June 30, 2025

Program accomplishments

  • MEMBERSHIPS CONSISTS OF MALE UNDERGRADUATE STUDENTS ATTENDING THE UNIVERSITY OF MINNESOTA. THE ORGANIZATION PROVIDES ROOM, BOARD AND OTHER ACTIVITIES FOR ITS MEMBERS. A FULL CHEF IS EMPLOYED TO PROVIDE MEALS FOR ALL ITS MEMBERS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024Check at the IRS

IRS record

EIN
41-0693115
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
2026
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B83)
Assets (IRS master file)
$28,307
Income (IRS master file)
$339,685

Revocation and reinstatement

Exemption revoked
November 15, 2021
Posted by the IRS
March 14, 2022
Reinstated
Effective November 15, 2021

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$339,685$361,420$28,307XML

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-0693115).

Questions about SIGMA ALPHA MU FRATERNITY

What is the EIN of SIGMA ALPHA MU FRATERNITY?
The employer identification number (EIN) of SIGMA ALPHA MU FRATERNITY is 41-0693115.
Is SIGMA ALPHA MU FRATERNITY tax-exempt?
Yes. The IRS revoked its exemption on November 15, 2021 and reinstated it effective November 15, 2021.
Are donations to SIGMA ALPHA MU FRATERNITY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SIGMA ALPHA MU FRATERNITY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SIGMA ALPHA MU FRATERNITY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SIGMA ALPHA MU FRATERNITY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of SIGMA ALPHA MU FRATERNITY?
The 990 for the year ended June 30, 2025 names BRADY KOPP.
Who are the officers and directors of SIGMA ALPHA MU FRATERNITY?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does SIGMA ALPHA MU FRATERNITY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $339,685, expenses of $361,420 and total assets of $28,307 at year end.

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