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Nonprofit · EIN 73-6100261

SIGMA CHI FRATERNITY

Also known as BETA KAPPA CHAPTER

Tax-exempt · NORMAN, OK 73070

Financials

$1.3M$824K2023$1M$1.2M2024
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$1,044,409$1,191,823-$147,414$2,005,911$622,262$1,383,649
July 31, 2024990$1,279,512$824,323$455,189$1,946,668$415,607$1,531,061
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$1,033,324
Membership dues
$1,027,324
Program service revenue
$0
Investment income
$9,224
Net income from fundraising events
$1,861
Other revenue
$1,861

Expenses

Grants and similar amounts paid
$164,400
Other salaries and wages
$60,795
Salaries, compensation and benefits (total)
$65,898
Professional fundraising fees
$0
Legal fees
$96
Accounting fees
$42,198
Occupancy
$342,642
Travel
$4,618
Depreciation
$77,277
Program services (functional)
$957,506
Management and general (functional)
$84,317

Balance sheet and other

Total assets, start of year
$1,946,668
Total assets, end of year
$2,005,911
Total liabilities, end of year
$622,262
Net assets, end of year
$1,383,649
Land, buildings and equipment
$1,173,065
Gross unrelated business income
$1,861
Gross receipts
$1,044,409
Employees
1
Volunteers
50
Year formed
1912
State of legal domicile
OK

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
Mark WelchTreasurer
Officer
25$24,000
Dathan ShadesOperations Manager
Trustee or director
20$24,000
Austin BondPresident
Officer
1$0
Lawson VogelVice President
Officer
1$0
Ryan McAdamsSecretary
Officer
3$0
Jason DixonBoard Member
Trustee or director
2$0
John CoffeeBoard Member
Trustee or director
2$0
Matt BretzBoard Member
Trustee or director
2$0
Patrick WandresBoard Member
Trustee or director
2$0
Austin LancasterBoard Member
Trustee or director
2$0
Adam RobinsonBoard Member
Trustee or director
2$0
Garnett HaubeltEx Officio
Trustee or director
2$0
Matt MontgomeryEx Officio
Trustee or director
2$0
990 for the year ended July 31, 2024: 4 people
NameTitleHours / weekCompensation
Mark WelchTreasurer
Officer
25$14,000
Dathan ShadesOperations Manager20$14,000
Austin BondPresident
Officer
1$0
Lawson VogelSecretary
Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 6287, NORMAN, OK 73070-6287
Principal officer (990 for 2024)
Mark Welch, 330 W Gray 509, Norman, OK 73069
Signed the 990
Mark Welch, Treasurer
Phone
(405) 364-9134
Return prepared by
The Lindy Robinson Company

Mission

To develop value-based leaders who are committed to the betterment of their character, campus and communities.

990 for the year ended July 31, 2025

Program accomplishments

  • Thirty percent of the Beta Kappa of Sigma Chi students earned a 3.5 or above grade point average this school year. The men of Beta Kappa of Sigma Chi actively participate in the Derby Day online challenge to raise funds for research at the Huntsman Cancer Institute. Average new members per year approximates 60 men; with significant improvement in occupancy filling the chapter house.

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
73-6100261
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)
$2,005,911
Income (IRS master file)
$1,044,409

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$1,044,409$1,191,823$2,005,911XML
990July 2024$1,279,512$824,323$1,946,668XML
990July 2023$921,025$699,130$2,017,437IRS
990July 2022–––IRS
990July 2021–––IRS
990July 2020–––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 73-6100261).

Questions about SIGMA CHI FRATERNITY

What is the EIN of SIGMA CHI FRATERNITY?
The employer identification number (EIN) of SIGMA CHI FRATERNITY is 73-6100261.
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 Mark Welch.
Who are the officers and directors of SIGMA CHI FRATERNITY?
The 990 for the year ended July 31, 2025 lists 13 people; 2 received compensation from the organization, the highest $24,000 (Mark Welch, Treasurer).
How much revenue does SIGMA CHI FRATERNITY have?
On its 990 for the year ended July 31, 2025 it reported revenue of $1,044,409, expenses of $1,191,823 and total assets of $2,005,911 at year end.

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