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Chi Psi Educational Trust Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030386312 ✦ Nashville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Chi Psi Educational Trust Inc?

Chi Psi Educational Trust Inc, located in Nashville, Tennessee, is a nonprofit organization dedicated to fostering higher education and personal development within the Chi Psi fraternity. They offer a variety of educational programs, with 58 provided in total, and facilitate leadership development through 3 specific programs. These programs have seen participation from 47 facilitators and 321 delegates at various events. The trust's mission is to fund and implement leadership and service opportunities for all Chi Psi fraternity members, contributing to their overall growth and development.


Official website here: www.chipsi.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

Chi Psi Educational Trust Inc has received a high rating of 97% from Charity Navigator, reflecting exceptional performance in accountability and finance. This rating signifies a strong commitment to transparency and effective financial management, which is underscored by perfect scores in critical areas such as board independence and financial oversight.

The organization boasts a fully independent board of ten members, ensuring unbiased decision-making and governance. It also demonstrates strong financial health, with a low liabilities-to-assets ratio and a significant program expense ratio, indicating that a majority of funds are directed towards its educational initiatives rather than administrative costs. Additionally, its fundraising efficiency is commendable, requiring only five cents to raise a dollar.

Despite these strengths, it is important for potential donors and supporters to consider the context of the organization’s operations. While there are no noted limitations in the data reviewed, ongoing transparency and adherence to best practices will be key in maintaining its strong reputation and effectiveness in fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Chi Psi Educational Trust Inc legitimate?

Chi Psi Educational Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chi Psi Educational Trust Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.chipsi.org

What is the mission statement of Chi Psi Educational Trust Inc?

The Chi Psi Educational Trust Inc. is committed to developing, funding, and implementing leadership and service programs for all members of the Chi Psi fraternity. Its mission is primarily focused on promoting higher education and self-development through various educational conventions and seminars. The trust has provided numerous educational programs, with over 47 facilitators completing these initiatives. Furthermore, the organization offers leadership programs, such as the Spencer Institute, Mid-Year Leadership Retreat, and Rowe Regional Conferences, which have been attended by a significant number of delegates.


Official website here: www.chipsi.org

Who is the CEO of Chi Psi Educational Trust Inc?

Harold Arnwine is the Executive Di of Chi Psi Educational Trust Inc.


Official website here: www.chipsi.org

What is the revenue of Chi Psi Educational Trust Inc?

Chi Psi Educational Trust Inc's revenue in 2022 was $4,763,286.


Official website here: www.chipsi.org

Who are the executives of Chi Psi Educational Trust Inc and what are their salaries?

There 10 volunteers at Chi Psi Educational Trust Inc.


Here are 10 key members and their salaries:


Sam Bessey (Executive Di)
  • Compensation: $0
  • Related: $112,250
  • Other: $0
Skyler Weinand (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julian Emerson (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Crowe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Burns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles O'Boyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
V Seenu Reddy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Warren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Whitfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chipsi.org

Where can I find the form 990 for Chi Psi Educational Trust Inc?

Chi Psi Educational Trust Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.chipsi.org

Learn more at the official website: www.chipsi.org

Mission Statement of Chi Psi Educational Trust Inc

Chi Psi Educational Trust Inc is committed to fostering leadership and service opportunities for all members of the Chi Psi fraternity. The organization's primary mission is to develop, fund, and implement various educational and leadership programs. These programs aim to promote higher education and self-development, ultimately benefiting the fraternity members. The Trust has successfully organized and facilitated numerous educational conventions and seminars, with a total of 58 programs offered and 47 facilitators completing these programs. Additionally, the Trust provides leadership programs, such as the Spencer Institute, Mid-Year Leadership Retreat, and Rowe Regional Conferences, engaging 111 delegates at the 180th Spencer Institute, 28 delegates at the Mid-Year Leadership Retreat, and 180 delegates at the Rowe Regional Conferences respectively. By offering these leadership and educational opportunities, Chi Psi Educational Trust Inc empowers its members to grow personally and contribute positively to their communities.

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Impact




July, 2024

Chi Psi Educational Trust Inc's impact is significant in developing, funding, and implementing leadership and service programs for all members of Chi Psi Fraternity. Through educational conventions and seminars, the organization promotes higher education and self-development. In the past, Chi Psi Educational Trust Inc has provided 58 educational programs with 47 facilitators and conducted three leadership programs with a total of 319 delegates. This demonstrates the organization's commitment to fostering personal and professional growth among its members.




This information is meant to be a general summary of Chi Psi Educational Trust Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$4,763,286 (2022)
Expenses
$2,122,054 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $494,632
  • Gross Receipts: $15,167,856

Assets and Liabilities:

  • Total Assets: $20,832,645
  • Total Liabilities: $796,239
  • Net Assets: $20,036,406

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Organization Details

Founding Year

2001

Principal Officer

Harold Arnwine

Main Address

45 RUTLEDGE STREET, NASHVILLE, TN, 37210

NTEE Category

Code: B11 - Education

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