Overview
What is Chi Phi Fraternity?
Chi Phi Fraternity is a nonprofit organization based in Ithaca, New York, specifically at 2155 Triphammer Road. Their primary purpose is to provide a welcoming environment for room, board, and social activities. This setting caters to the needs of its members, offering them a sense of community and social engagement. The organization has a small team of one individual dedicated to its operations. While the information provided does not detail the specific programs or initiatives of Chi Phi Fraternity, it is clear that their mission is centered around creating a comfortable living space and fostering social interactions among their members.
Is Chi Phi Fraternity legitimate?
Chi Phi Fraternity is a legitimate nonprofit organization registered as a 501(c)(7) entity. Chi Phi Fraternity 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: $36,239
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What is the mission statement of Chi Phi Fraternity?
Chi Phi Fraternity's mission is centered around providing a residential environment that caters to various needs. This includes offering accommodation, meals, and opportunities for social interaction. By creating a home-like setting, the fraternity aims to foster a sense of community and belonging among its members. This environment serves as a backdrop for their shared experiences and personal growth.
What is the revenue of Chi Phi Fraternity?
Chi Phi Fraternity's revenue in 2024 was $310,707.
Who are the executives of Chi Phi Fraternity and what are their salaries?
The average compensation at Chi Phi Fraternity during 2024 was $36,239. There is 1 employee at Chi Phi Fraternity.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Chi Phi Fraternity?
Chi Phi Fraternity's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Chi Phi Fraternity
Chi Phi Fraternity's mission is centered around providing a comfortable and welcoming environment for its members. This encompasses the essentials of room, board, and social functions. In essence, the fraternity aims to create a home-like setting for its members, offering them a sense of belonging and community. This mission is encapsulated in the fraternity's activities and day-to-day operations, with a focus on providing a nurturing environment that fosters social interactions.
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Impact
October, 2024
Chi Phi Fraternity has a significant impact on its members and the broader community by fostering a sense of belonging and providing essential support systems. The fraternity creates a home-like environment that allows members to engage in social functions, communal living, and academic collaboration. This setting promotes personal growth, leadership skills, and lifelong friendships, which are crucial for students navigating the challenges of college life.
In addition to its focus on individual development, Chi Phi plays a vital role in enhancing the educational experience. By hosting various events and initiatives, the fraternity encourages members to pursue academic excellence and participate in community service, ultimately contributing to a well-rounded education. The emphasis on social engagement and collaboration helps cultivate a network of support that extends beyond college, providing members with valuable connections and experiences that can positively influence their future endeavors.
This information is meant to be a general summary of Chi Phi Fraternity. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $37
- Program Service Revenue: $310,670
- Gross Receipts: $310,707
Assets and Liabilities:
- Total Assets: $10,747
- Total Liabilities: $122,849
- Net Assets: -$112,102
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOARD CHARGES INCOME
Revenue
$164,854
SOCIAL INCOME
Revenue
$84,201
CHAPTER DUES
Revenue
$42,811
ROOM INCOME
Revenue
$18,106
MISCELLANOUS INCOME
Revenue
$698
Organization Details
Founding Year
1909
Principal Officer
Kevin Diaz
NTEE Category
Code: B83 - Education
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