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Nonprofit · EIN 42-0524685

SIGMA CHI FRATERNITY

Also known as BETA OMICRON CHAP IOWA STATE UNIV

Tax-exempt · AMES, IA 50010

Financials

$46K$35K2023$347K$144K2024
Revenue Expenses · by fiscal year end
Financials of SIGMA CHI FRATERNITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$346,510$143,669$202,841$3,713,591$1,596,164$2,117,427
July 31, 2024990$45,849$34,587$11,262$1,915,382$0$1,915,382
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$300,000
Program service revenue
$10,195
Investment income
$36,315
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,051
Depreciation
$65,451
Program services (functional)
$142,553
Management and general (functional)
$1,116

Balance sheet and other

Total assets, start of year
$1,915,382
Total assets, end of year
$3,713,591
Total liabilities, end of year
$1,596,164
Net assets, end of year
$2,117,427
Land, buildings and equipment
$3,415,893
Gross receipts
$346,510
Employees
0
Volunteers
0
Year formed
1965
State of legal domicile
IA

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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
PETE ROGERSPRESIDENT
Officer
1$0
JON HALLTREASURER
Officer
1$0
ANDY SHAFFERSECRETARY
Officer
1$0
GEORGE MADIEDOVICE PRESIDENT
Officer
1$0
STEPHEN TERRILLAT LARGE
Officer
1$0
JEFF ELKINSAT LARGE
Officer
1$0
990 for the year ended July 31, 2024: 5 people
NameTitleHours / weekCompensation
JON HALLPRESIDENT
Officer
1$0
RYAN LAMOUREUXTREASURER
Officer
1$0
JEFF PATTERSONSECRETARY
Officer
1$0
RICHARD BURNETTVICE PRESIDENT
Officer
1$0
STEPHEN TERRILLVICE PRESIDENT
Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 151, AMES, IA 50010-0151
Principal officer (990 for 2024)
JON HALL, PO BOX 151, AMES, IA 500100151
Signed the 990
JON HALL, PRESIDENT
Phone
(515) 292-0777
Return prepared by
UHY ADVISORS MIDWEST INC

Mission

TO PROVIDE AN EDUCATIONAL ENVIRONMENT FOR THE RELATED EXEMPT COLLEGE FRATERNITY AND PROVIDE SUPPORT TO THE PURPOSES, POLICIES, AND PEOPLE OF SIGMA CHI FRATERNITY, INCLUDING PROVIDING ROOM AND BOARD TO COLLEGE STUDENTS WHO ARE ATTENDING CLASSES TO OBTAIN DEGREES.

990 for the year ended July 31, 2025

Program accomplishments

  • THE MISSION IS ACCOMPLISHED WITH THE HELP OF VOLUNTEERS TO SUPPORT THE RELATED EXEMPT COLLEGE FRATERNITY, INCLUDING ROOM, BOARD, ETC.
    Expenses $142,553 · grants $300,000 · revenue $46,510

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 July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
42-0524685
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1937
Accounting year ends
July
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,713,591
Income (IRS master file)
$346,510

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$346,510$143,669$3,713,591XML
990July 2024$45,849$34,587$1,915,382XML
990July 2018–––IRS

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 42-0524685).

Questions about SIGMA CHI FRATERNITY

What is the EIN of SIGMA CHI FRATERNITY?
The employer identification number (EIN) of SIGMA CHI FRATERNITY is 42-0524685.
Is SIGMA CHI FRATERNITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1937.
Are donations to SIGMA CHI FRATERNITY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SIGMA CHI 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 CHI FRATERNITY due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SIGMA CHI FRATERNITY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of SIGMA CHI FRATERNITY?
The 990 for the year ended July 31, 2025 names JON HALL.
Who are the officers and directors of SIGMA CHI FRATERNITY?
The 990 for the year ended July 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does SIGMA CHI FRATERNITY have?
On its 990 for the year ended July 31, 2025 it reported revenue of $346,510, expenses of $143,669 and total assets of $3,713,591 at year end.

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