The Sigma Nu House Corporation of Memphis (the “House Corporation”) is the owner of the Epsilon Sigma Chapter house and is a legally chartered a 501(c)(7) non-profit corporation in Tennessee. The majority of the members of the House Corporation board are Epsilon Sigma Chapter alumni and play a role similar to that of a landlord or property manager.
The House Corporation holds the individual collegiate chapter members responsible for the proper care of the facility on a daily basis while it oversees the maintenance of chapter property by making major repairs and providing for replacement of worn-out equipment and furnishings in a timely manner.
The House Corporation collects rental payments from the collegians in order to satisfy the chapter’s mortgage, taxes, and property insurance while servicing other appropriate indebtedness against the physical plant and premises.
To promote fiscal and managerial responsibility among the collegiate members of the chapter, the House Corporation works closely with chapter officers, the Alumni Advisory Board, and the Alumni Chapter.
“Your support will ensure that every collegiate member of the Epsilon Sigma Chapter graduates with a degree from Rhodes.”
See the alumni who protect and maintain the Epsilon Sigma Chapter house. Thank you for your support!