Here's how the largest fraternities earn and spend their millions
Source: Business Insider ·
See how America's largest fraternities bring in millions through dues, housing, and more — and where all that money goes.
From the source
Students at the University of Michigan gather at the Sigma Chi fraternity house to party on a Saturday afternoon.: Jim West/UCG/Universal Images Group via Getty ImagesGreek life is a dominant force on US college campuses, and organizations manage millions annually.Fraternities generate millions through member dues, alumni donations, and real estate investments.Many Greek-letter organizations report tax filings under various entities.Fraternities are a staple of the American college experience, whether it's for their social influence on campus, sprawling alumni networks, or, at times, controversies.But behind the parties and secretive traditions are tax-exempt organizations that bring in millions of dollars each year.Tax filings offer a partial glimpse into how the country's biggest fraternities earn and spend their money.Sigma Phi Epsilon Fraternity Inc., the national organization behind one of the largest fraternities across US college campuses, reported $10.6 million in revenue in…