Sigma Nu Fraternity, Inc.
Legal name: Sigma Nu Fraternity-gamma Mu Chapter Nfp
Nonprofit profile at a glance
- EIN
- 883836573
- IRS 990 coverage
- 2022–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- Lexington, VA, United States
- Phone
- (540) 463-1869
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fraternal Societies
Reported finances
- Revenue
- $325,150
- Expenses
- $283,576
- Assets
- $192,330
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- CRAIG HAYS (DIRECTOR)
- JEFF HAYS (DIRECTOR)
- JOE SERIO (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To develop ethical leaders inspired by the principles of Love, Honor, and Truth. To foster the personal growth of each man1s mind, heart, and character. To perpetuate lifelong friendships and commitment to the Fraternity. Sigma Nu is continually increasing its membership and capabilities as it creates and capitalizes on new markets and opportunities that support the Fraternity’s Mission. Value Sigma Nu enhances the experience of its members and builds a sense of community in a way that generates a desire to invest time, talent, and treasure in the development of both the organization and its future members, which is recognized by all as a contribution to the greater good.
What it reported doing in 2025
The fraternal lodging of the local chapter's members, located at the university of Illinois, urbana-champaign.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 80
- Accountability: 70
- Sustainability: 55
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.9%; rating input score 84
- Program expense ratio: 96.2%; rating input score 96
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 6th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 12.8%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 0.68; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: -3.7% per year; rating input score 0; 18th percentile among comparable filings
- Revenue growth: 1.8% per year; rating input score 100; 29th percentile among comparable filings
- Asset growth: -0.1% per year; rating input score 0; 22nd percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 83.9% of revenue deployed · 96.2% of spending went to programs
- Governance: 3 of 3 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $273K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 12 of 13 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 4 of 6 not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- High — Growth: Asset growth scored 0/100.