2021-10-28T08:04:30-05:00 2020-12-31 270162544 INDINERO 340 S LEMON AVE 4637 WALNUT CA 917892706 990 2020-01-01 350141910 ALPHA CHI SIGMA FRATERNITY INC ALPH 8002524369 6296 RUCKER ROAD NO B INDIANAPOLIS IN 46220 JOHN STIPP SECRETARY-TREASURER 7089907472 2021-10-28 1 JOHN STIPP 999009999 MARC CACCAVELLI P02262551 8554634637 2021-10-26 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JOHN STIPP 6296 RUCKER ROAD SUITE B INDIANAPOLIS IN 46220 433035 0 X WWW.ALPHACHISIGMA.ORG X 1967 IN TO ORGANIZE, OPERATE, AND FOSTER COLLEGIATE AND PROFESSIONAL CHAPTERS. 4 4 2 3500 0 0 121057 102812 358937 244877 24870 54738 3239 30608 508103 433035 0 0 0 0 101004 116386 0 0 18267 410457 341472 511461 457858 -3358 -24823 1074643 1056868 57756 63906 1016887 992962 ORGANIZE, OPERATE, AND FOSTER COLLEGIATE AND PROFESSIONAL CHAPTERS TO PROMOTE THE SCIENTIFIC PURSUIT AND EDUCATIONAL ADVANCEMENTS OF CHEMISTRY AND TO COMMUNICATE SUCH ACTIVITIES WITH QUARTERLY PUBLICATIONS. 0 0 246890 241227 SUBORDINATE CHAPTER ACTIVITIES AND COMMUNICATION:ORGANIZE, OPERATE, AND FOSTER COLLEGIATE AND PROFESSIONAL CHAPTERS TO PROMOTE THE SCIENTIFIC PURSUIT AND EDUCATIONAL ADVANCEMENTS OF CHEMISTRY, AND TO COMMUNICATE SUCH ACTIVITIES WITH THE HEXAGON QUARTERLY PUBLICATION. PRINTED COPIES GO TO ROUGHLY 7000 MEMBERS EVERY YEAR. 4567 3650 CONCLAVE:BIENNIAL GATHERING OF MEMBERS OF THE FRATERNITY. BUSINESS SESSIONS OF CONCLAVE ELECT OFFICERS, PROPOSE AND VOTE ON LEGISLATION, ETC. PROFESSIONAL POSTER SESSIONS AND AWARDS HIGHLIGHTING ACCOMPLISHMENTS OF MEMBERS IN CHEMISTRY AND RELATED FIELDS ALSO TAKE PLACE AT THE EVENT. FOR 2020, THIS WAS NOT HELD IN PERSON, BUT VIRTUALLY. APPROXIMATELY 200 PEOPLE ATTENDED THE CONCLAVE IN 2020, BUT THE LEARNINGS WERE TAKEN BACK TO THEIR CHAPTERS THUS IMPACTING ROUGHLY 3,000 MEMBERS. 20000 ALPHA CHI SIGMA SCHOLAR AWARD:THE ALPHA CHI SIGMA SCHOLAR AWARD IS AWARDED EVERY YEAR. THE FRATERNITY HAS BEEN DONATING FUNDS TO THE ALPHA CHI SIGMA EDUCATIONAL FOUNDATION TO PERPETUALLY FUND THIS AWARD. THE GOAL IS TO DONATE $100,000 OVER FIVE YEARS FOR THIS. SEVERAL APPLICATIONS ARE RECEIVED EACH YEAR, AND THE WINNERS ARE PUBLICIZED IN THE HEXAGON AND IN SOCIAL MEDIA, THIS ENCOURAGING THE VALUE OF ACADEMIC EXCELLENCE. 271457 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 2 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 IN X INDINERO 8554634637 340 S LEMON AVE 4637 WALNUT CA 917892706 JON WENZEL ASST. GRAND RECORDER 1.00 X X 4800 0 0 JOHN STIPP GRAND RECORDER 6.00 X X 9600 0 0 KIP NALLEY GRAND MASTER ALCHEMI 1.00 X X 0 0 0 SEAN PAWLOWSKI GRAND PROF. ALCHEMIS 1.00 X X 0 0 0 MERRYN COLE GRAND COLLEGIATE ALC 1.00 X X 0 0 0 JASON ELLIS GRAND MASTER OF CERE 1.00 X X 0 0 0 14400 0 0 0 0 0 0 0 102812 102812 HEXAGON INCOME 900099 241227 241227 CONCLAVE INCOME 900099 3650 3650 244877 54738 54738 GEICO REVENUE 900099 21191 21191 REGALIA REVENUE 900099 9417 9417 30608 433035 275485 0 54738 14400 14400 92029 55217 34051 2761 1909 1146 707 56 8048 4829 2978 241 28583 28583 43681 33635 8736 1310 24164 14498 9666 14031 14031 148 148 9292 9292 155286 93171 57456 4659 PRINTING 28298 28298 RITUAL AND REGALIA 18163 18163 OTHER MISCELLANEOUS 10586 8469 2117 SOLICITATIONS 9240 9240 457858 271457 168134 18267 260483 248264 33293 41567 28344 28520 20903 21554 208850 140293 70961 68557 660659 648406 1074643 1056868 16683 3708 3216 18700 37857 41498 57756 63906 X 1016887 992962 1016887 992962 1074643 1056868 -24823 898 0 X 1 X 0 0 0 X 421492 342294 392988 479994 344039 1980807 421492 342294 392988 479994 344039 1980807 1980807 19481 18969 20625 19175 54738 132988 2113795 0.93710 0.94910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 119707 86903 32804 89143 53390 35753 68557 DUE TO ALPHA CHI SIGMA FOUNDATION 19277 CAPITAL LEASE OBLIGATION 1788 ACCRUED PAYROLL AND OTHER ACCRUED EXPENSES 20433 41498 X PART X, LINE 2: THE FRATERNITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT IS ALSO EXEMPT FROM INDIANA INCOME TAXES. HOWEVER, SHOULD THE FRATERNITY EVER HAVE INCOME FROM CERTAIN ACTIVITITES NOT DIRECTLY RELATED TO ITS TAX-EXEMPT PURPOSE, THAT INCOME WOULD BE SUBJECT TO TAXATION AS UNRELATED BUSNESS INCOME. IN ADDITION, THE FRATERNITY QUALIFIES FOR THE CHARITABLE CONTRIBUTIONS DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE FRATERNITY'S POLICY IS TO INCLUDE INTEREST AND PENALTIES RELATED TO ITS TAX POSITIONS IN INCOME TAX EXPENSE. THE FRATERNITY HAS ADOPTED THE PROVISIONS OF THE ACCOUNTING PRONOUNCMENT RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE FRATERNITY RECOGNIZED NO INTEREST OR PENALTIES IN THE STATEMENTS OF ACTIVITIES AND CHANGES IN UNRESTRICTED NET ASSETS FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2019. IF THE SITUATION AROSE IN WHICH THE FRATERNITY WOULD HAVE INTEREST TO RECOGNIZE, IT WOULD RECOGNIZE THIS AS INTEREST EXPENSE AND PENALTIES WOULD BE RECOGNIZED IN OTHER EXPENSES. CURRENTLY, THE PRIOR THREE YEARS ARE OPEN UNDER FEDERAL AND STATE STATUTE OF LIMITATIONS AND REMAIN SUBJECT TO REVIEW AND CHANGE. THE FRATERNITY IS NOT CURRENTLY UNDER AUDIT. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE FRATERNITY CONSIST OF COLLEGIATE MEMBERS WHO ARE ENROLLED MEMBERS OF COLLEGIATE CHAPTERS AND HAVE BEEN IN A DEGREE GRANTING PROGRAM WITHIN THE PAST 12 MONTHS. A COLLEGIATE CANDIDATE SHALL BE A STUDENT OF CHEMISTRY WHO INTENDS TO MAKE CHEMISTRY THEIR LIFE WORK. PROFESSIONAL MEMBERS ARE THOSE WHO ARE NOT COLLEGIATE MEMBERS. ACTIVE PROFESSIONAL MEMBERS PAY ANNUAL VOLUNTARY PROFESSIONAL CONTRIBUTIONS OR HAVE BEEN DESIGNATED A PERMANENT ACTIVE PROFESSIONAL MEMBER. A CANDIDATE FOR PROFESSIONAL MEMBERSHIP SHALL EITHER HAVE AT LEAST A BACHELOR'S DEGREE IN CHEMISTRY OR A BE A PROPERLY QUALIFIED CHEMIST. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THE OFFICERS OF THE FRATERNITY AT CONCLAVE MEETINGS. FORM 990, PART VI, SECTION B, LINE 11B THE SUPREME COUNCIL RECEIVES A DRAFT OF THE FORM 990 ELECTRONICALLY FOR THEIR REVIEW. THE SECRETARY/TREASURER COORDINATES THE APPROVAL OF THE COUNCIL. AFTER APPROVAL IS RECEIVED, THE INFORMATION RETURNS ARE SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE SUPREME COUNCIL MEMBER SIGNS A CONFLICT OF INTEREST STATEMENT AT THE BEGINNING OF THEIR TERM AND EACH YEAR THEREAFTER. THE SUPREME COUNCIL MEMBER IS TO REPORT ANY CONFLICTS ARISING DURING THE YEAR. THE SUPREME COUNCIL MEMBER WILL NOT VOTE UPON ANY ISSUE WHERE THE MEMBER HAS A CONFLICT OF INTEREST OF APPEARANCE OF IMPROPRIETY AT ANY BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15A THE SUPREME COUNCIL REVIEWS ANNUALLY THE COMPENSATION OF THE FRATERNITY'S EMPLOYEES. THE COUNCIL FOCUSES ON COMPARATIVE NON-PROFIT ORGANIZATIONS IN THE AREA TO BENCHMARK COMPENSATION. THE INFORMATION IS ASSESSED TO DETERMINE THE COMPETITVENESS OF THE RECOMMENDED COMPENSATION. THE COUNCIL APPROVES, AFTER DISCUSSION, THE COMPENSATION OF EACH EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 THE FRATERNITY MAKES AVAILABLE UPON THE REQUEST OF COPIES OF THE APPLICATION OF EXEMPTION AND THE PAST THREE YEARS INFORMATION RETURNS FOR PUBLIC INSPECTION AT THEIR OFFICE. ALPHA CHI SIGMA FOUNDATION 6296 RUCKER ROAD SUITE B INDIANAPOLIS IN 46220 386018436 EDUCATION CA 501(C)(3) LINE 7 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ALPHA CHI SIGMA FOUNDATION D 13178 COST BASIS