All Fraternity and Sororities should be 501 c 7 organizations, there can be tremendous tax advantages. If you are not, we maybe able to help you and connect you to a CPA firm to ensure you are filing form 990 correctly.
Where Stevens Consulting can specifically help is related to your non-profit status as a 501 c 7 entity. We can help you minimize the taxes you pay to the state where you reside. While this is not true for all States, in some jurisdictions this saving on taxes for Utilities and other services can amount to over $4,000 per year depending on your state tax rate and your spend.
Your biggest expenses for a chapter typically are food, electric, gas and sometimes cleaning and maintenance supplies. We can help with a review that can help identify overpayment, consolidate vendors, and secure chapter-friendly contracts.
Hands-on training for treasurers and house boards to build zero-based budgets, forecast cash flow, and manage reserves with confidence.
We help fraternities and sororities cut avoidable costs while preserving traditions. Transparent analysis, fast implementation, measurable results.
7-15%