SIGMA BETA CHAPTER BUILDING ASSOCIATION OF CHI OMEGA: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: SIGMA BETA CHAPTER BUILDING ASSOCIATION OF CHI OMEGA (EIN 81-0296314)
Tax period: 2023-07-01 to 2024-06-30
Filed: 2024-09-16
IRS object ID: 202402609349302315
Schema version: 2023v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-09-16T19:09:59-04:00	ReturnTs
Tax Period End	2024-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	810511572	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	HPW CPAS & ADVISORS PLLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1247 STONERIDGE DR	AddressLine1Txt
City	BOZEMAN	CityNm
State Abbreviation	MT	StateAbbreviationCd
ZIP	59718	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	810296314	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SIGMA BETA CHAPTER	BusinessNameLine1Txt
Business Name Line2	BLDG ASSOC OF CHI OMEGA	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	SIGM	BusinessNameControlTxt
Phone	4065865211	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	405 WEST GARFIELD	AddressLine1Txt
City	BOZEMAN	CityNm
State Abbreviation	MT	StateAbbreviationCd
ZIP	59715	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JODI PERETTI	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	4065865211	PhoneNum
Signature	2024-08-31	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	KEVIN M HUBLEY CPA	PreparerPersonNm
PTIN	P00097036	PTIN
Phone	4065860281	PhoneNum
Preparation	2024-09-13	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-08-08 14:25:15Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	SIGMA BETA CHAPTER BLDG ASSOC OF	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	JODI PERETTI	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	15 HOLLY LANE	AddressLine1Txt
City	BUTTE	CityNm
State Abbreviation	MT	StateAbbreviationCd
ZIP	59701	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$417,553	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c	Yes (X)	Organization501cInd
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1966	FormationYr
Legal Domicile State	MT	LegalDomicileStateCd
Activity Or Mission	PROVIDE ROOM AND BOARD TO STUDENTS	ActivityOrMissionDesc
Voting Members Governing Body	6	VotingMembersGoverningBodyCnt
Voting Members Independent	0	VotingMembersIndependentCnt
Total Employee	2	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$383,373	PYProgramServiceRevenueAmt
CY Program Service Revenue	$416,028	CYProgramServiceRevenueAmt
PY Investment Income	$172	PYInvestmentIncomeAmt
CY Investment Income	$1,525	CYInvestmentIncomeAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$383,545	PYTotalRevenueAmt
CY Total Revenue	$417,553	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$28,023	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$31,558	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$287,854	PYOtherExpensesAmt
CY Other Expenses	$347,621	CYOtherExpensesAmt
PY Total Expenses	$315,877	PYTotalExpensesAmt
CY Total Expenses	$379,179	CYTotalExpensesAmt
PY Revenues Less Expenses	$67,668	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$38,374	CYRevenuesLessExpensesAmt
Total Assets BOY	$505,723	TotalAssetsBOYAmt
Total Assets EOY	$752,138	TotalAssetsEOYAmt
Total Liabilities BOY	$65,927	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$273,968	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$439,796	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$478,170	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	PROVIDE ROOM AND BOARD TO STUDENTS	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Desc	PROVIDE ROOM AND BOARD TO STUDENTS	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Desc	PROVIDE ROOM AND BOARD TO STUDENTS.	Desc

Field	Value	IRS element (for citing)
Described In Section501c3	false	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	6	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	2	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	6	GoverningBodyVotingMembersCnt
Independent Voting Member	0	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	false	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	false	ConflictOfInterestPolicyInd
Whistleblower Policy	false	WhistleblowerPolicyInd
Document Retention Policy	false	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	JODI PERETTI	PersonNm
Phone	4064944044	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	15 HOLLY LANE	AddressLine1Txt
City	BUTTE	CityNm
State Abbreviation	MT	StateAbbreviationCd
ZIP	59701	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxt	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
JENEAL BERGMAN
BOARD MEMBER	Yes (X)	$0	$0	$0
KARYN CAPENTER
BOARD MEMBER	Yes (X)	$0	$0	$0
LISA WILSON HARRIS
VICE PRESIDE	Yes (X)	$0	$0	$0
JODI PERETTI
TREASURER	Yes (X)	$0	$0	$0
SYDNEY PEARCE
SECRETARY	Yes (X)	$0	$0	$0
CINDY WILSON
PRESIDENT	Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	PROGRAM SERVICE REVENUE	Desc
Business	531110	BusinessCd
Total Revenue Column	$416,028	TotalRevenueColumnAmt
Related Or Exempt Func Income	$416,028	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$416,028	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,525	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,525	RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$417,553	TotalRevenueColumnAmt
Related Or Exempt Func Income	$417,553	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$28,878	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$2,680	TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$5,978	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$722	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$13,067	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$20,202	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$11,785	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt
GROCERIES	$164,190
REPAIRS & MAINTENANCE	$46,442
UTILITIES	$19,341
TAXES	$16,038

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$49,856	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$379,179	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$48,277	BOYAmt
EOY	$30,232	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$88,166	BOYAmt
EOY	$132,102	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$1,386,615	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$819,076	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$369,280	BOYAmt
EOY	$567,539	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
EOY	$22,265	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$505,723	BOYAmt
EOY	$752,138	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$65,927	BOYAmt
EOY	$273,968	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$65,927	BOYAmt
EOY	$273,968	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$12,818	BOYAmt
EOY	$12,818	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$426,978	BOYAmt
EOY	$465,352	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$439,796	BOYAmt
EOY	$478,170	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$505,723	BOYAmt
EOY	$752,138	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$38,374	ReconcilationRevenueExpnssAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	false	FSAuditedInd

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$13,623	OtherCostOrOtherBasisAmt
Book Value	$13,623	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$13,623	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDesc	AmtAmt
N/P CHI OMEGA - FIRE SPRINKLER	$206,936
DUE TO CHAPTER	$54,363
SECURITY DEPOSITS	$12,226
PAYROLL LIABILITIES	$443

Field	Value	IRS element (for citing)
Total Liability	$273,968	TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4D	PROVIDE ROOM AND BOARD TO STUDENTS.
FORM 990, PAGE 6, PART VI, LINE 11B	AVAILABLE UPON REQUEST
FORM 990, PAGE 6, PART VI, LINE 19	AVAILABLE UPON REQUEST
FORM 990, PART IX, LINE 24E	CLEANING 14,785 0 0 MERCHANT FEES 10,148 0 0 SUPPLIES 9,537 0 0 DUES & SUBSCRIPTIONS 6,801 0 0 TELEPHONE & INTERNET 4,520 0 0 CONTRACT LABOR 2,804 0 0 OFFICE 1,120 0 0 LICENSES & PERMITS 144 0 0 BANK FEES 97 0 0 PAYROLL EXPENSES - OTHER -100 0 0 TOTAL 49,856 0 0

SIGMA BETA CHAPTER BUILDING ASSOCIATION OF CHI OMEGA: Form 990, tax year 2023

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

US Address USAddress

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Books In Care Of Detail BooksInCareOfDetail

US Address USAddress

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

Program Service Revenue ProgramServiceRevenueGrp

Investment Income InvestmentIncomeGrp

Total Revenue TotalRevenueGrp

Other Salaries And Wages OtherSalariesAndWagesGrp

Payroll Taxes PayrollTaxesGrp

Fees For Services Accounting FeesForServicesAccountingGrp

Advertising AdvertisingGrp

Interest InterestGrp

Depreciation Depletion DepreciationDepletionGrp

Insurance InsuranceGrp

Other Expenses OtherExpensesGrp (4 entries)

All Other Expenses AllOtherExpensesGrp

Total Functional Expenses TotalFunctionalExpensesGrp

Cash Non Interest Bearing CashNonInterestBearingGrp

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Other Assets Total OtherAssetsTotalGrp

Total Assets TotalAssetsGrp

Other Liabilities OtherLiabilitiesGrp

Total Liabilities TotalLiabilitiesGrp

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Schedule D IRS990ScheduleD

Land LandGrp

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Comments