Psi Upsilon Trust Association

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

EIN: 150536145 ✦ Ithaca, NY ✦ Designated as a 501(c)(7)

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Overview

What is Psi Upsilon Trust Association?

The Psi Upsilon Trust Association is a charitable organization situated in Ithaca, New York. Its primary purpose is to foster a strong bond among individuals with shared ideals, hopes, and objectives. This bond, established through mutual understanding and deep friendship, empowers students to develop into confident adults with a sharper mindset and broader perspectives. The association offers vital support to members of college fraternities, providing them with essential amenities such as accommodation, meals, and companionship. This supportive environment enables these individuals to grow and thrive both academically and personally.


Official website here: www.psiu.org

Is Psi Upsilon Trust Association legitimate?

Psi Upsilon Trust Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. Psi Upsilon Trust Association 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.psiu.org

What is the mission statement of Psi Upsilon Trust Association?

The Psi Upsilon Trust Association serves to foster a profound and enduring connection among individuals who share similar values, aspirations, and objectives. This bond is nurtured through shared experiences and mutual understanding, which equips college students with a sharper mindset, a greater appreciation, and broader empathy. The organization provides essential support to members of college fraternities, offering them accommodations, meals, and camaraderie. By doing so, it aims to help these individuals develop into self-assured adults, equipped with a stronger sense of self and a network of understanding friends who will support them throughout their lives.


Official website here: www.psiu.org

Who is the CEO of Psi Upsilon Trust Association?

Jackson Rover is the President of Psi Upsilon Trust Association.


Official website here: www.psiu.org

What is the revenue of Psi Upsilon Trust Association?

Psi Upsilon Trust Association's revenue in 2023 was $528,541.


Official website here: www.psiu.org

Who are the executives of Psi Upsilon Trust Association and what are their salaries?

There 5 volunteers at Psi Upsilon Trust Association.


Here are 5 key members and their salaries:


Luke Samuels (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Armano (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myles Adelstein (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackson Rover (3Rd Vp/ Treasurer For 2023 Tax Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antonio Fanelli (Treasurer For 2022 Tax Year)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.psiu.org

Where can I find the form 990 for Psi Upsilon Trust Association?

Psi Upsilon Trust Association's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.psiu.org

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

Mission Statement of Psi Upsilon Trust Association

The Psi Upsilon Trust Association serves as a platform for fostering a profound and enduring bond among individuals who share similar ideals, aspirations, and objectives. This organization promotes mutual understanding and camaraderie, ultimately aiding college students in their transformation into self-assured and empathetic adults. The association's mission is underpinned by its commitment to providing essential support to members of college fraternities, offering them accommodations, meals, and a conducive social environment. By nurturing these bonds, the Psi Upsilon Trust Association empowers its members with sharper minds, a greater appreciation for diversity, and expanded sympathies, equipping them to navigate their lives with confidence and resilience.

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Impact




October, 2024

The Psi Upsilon Trust Association significantly impacts the lives of its members by fostering deep friendships and mutual understanding among individuals sharing common ideals. This strong bond creates a supportive community that helps college students transition into poised and self-confident adults. Through its programs, the organization provides essential resources, including room, board, and fellowship, which play a critical role in the overall development of fraternity members.

By emphasizing personal growth and encouraging a keener appreciation for life's experiences, Psi Upsilon cultivates broader sympathies and enhances social skills among its members. The friendships formed within this organization extend beyond college, offering lifelong connections and support, which is crucial in navigating personal and professional challenges.

Moreover, the collaborative environment nurtured by Psi Upsilon promotes a sense of belonging and solidarity, helping individuals cultivate leadership abilities and a commitment to the values they hold dear. The emphasis on treating oneself and others with respect and kindness reinforces the importance of community, compassion, and responsible citizenship, ultimately shaping well-rounded individuals who contribute positively to society.




This information is meant to be a general summary of Psi Upsilon Trust Association. 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
$528,541 (2023)
Expenses
$431,715 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4
  • Program Service Revenue: $385,715
  • Gross Receipts: $530,474

Assets and Liabilities:

  • Total Assets: $1,003,154
  • Total Liabilities: $167,781
  • Net Assets: $835,373

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ROOM AND BOARD

Revenue

$269,305

DUES AND FEES

Revenue

$61,490

SOCIAL

Revenue

$52,045

PARLOR

Revenue

$2,875

Organization Details

Founding Year

1885

Principal Officer

Jackson Rover

Main Address

CO SCIARABBA WALKER 410 E UPLAND, ITHACA, NY, 14850

NTEE Category

Code: B83 - Education

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