Phi Sigma Kappa

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

EIN: 150537020 ✦ Ithaca, NY ✦ Designated as a 501(c)(7)

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Overview

What is Phi Sigma Kappa?

Phi Sigma Kappa is a nonprofit organization located in Ithaca, New York, with a single employee. Their primary role is to offer a comfortable living space, meals, and social activities for its members. By providing a home-like setting, they aim to foster a sense of community and social engagement among their members. While details about their global reach or specific programs are not provided, it is clear that Phi Sigma Kappa prioritizes creating a supportive environment for their members.

Is Phi Sigma Kappa legitimate?

Phi Sigma Kappa is a legitimate nonprofit organization registered as a 501(c)(7) entity. Phi Sigma Kappa 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: $60,068

For more financial information, click here

What is the mission statement of Phi Sigma Kappa?

Phi Sigma Kappa's mission is centered around providing a welcoming and comfortable environment for its members. This encompasses offering residential, dining, and social facilities to its members. The organization aims to create a home-like atmosphere where individuals can grow and build meaningful relationships. By offering these services, Phi Sigma Kappa seeks to foster a sense of belonging and support among its members.

Who is the CEO of Phi Sigma Kappa?

Hunter Kahn is the President of Phi Sigma Kappa.

What is the revenue of Phi Sigma Kappa?

Phi Sigma Kappa's revenue in 2022 was $515,471.

Who are the executives of Phi Sigma Kappa and what are their salaries?

The average compensation at Phi Sigma Kappa during 2022 was $60,068. There is 1 employee at Phi Sigma Kappa.


Here are 5 key members and their salaries:


Liam Bodurtha (House Mgr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Owen Farchione (Steward)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hirshhorn (Treasuer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hunter Kahn (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Mosch (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Phi Sigma Kappa?

Phi Sigma Kappa's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Phi Sigma Kappa

Phi Sigma Kappa, as a nonprofit organization, is dedicated to creating an environment reminiscent of a home. This setting serves two primary purposes: providing room and board for its members, and offering opportunities for social interaction. By offering these facilities and experiences, Phi Sigma Kappa aims to enrich the lives of its members, fostering a sense of community and camaraderie.

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Impact




October, 2024

Phi Sigma Kappa significantly impacts its community by providing a welcoming and home-like environment that fosters social engagement, personal development, and academic support. Located in Ithaca, NY, it offers a space where members can come together for room, board, and various social functions. This sense of belonging is crucial for promoting educational and personal growth among individuals, creating lasting connections and a strong network that enhances both academic pursuits and life skills. By facilitating a supportive atmosphere, Phi Sigma Kappa contributes to the overall well-being and success of its members, encouraging a culture of learning, leadership, and camaraderie.




This information is meant to be a general summary of Phi Sigma Kappa. 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
$515,471 (2022)
Expenses
$522,909 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $515,471
  • Gross Receipts: $515,471

Assets and Liabilities:

  • Total Assets: $95,305
  • Total Liabilities: $112,784
  • Net Assets: -$17,479

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Programs

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

BOARD INCOME

Revenue

$171,793

ROOM RENT INCOME

Revenue

$141,489

SOCIAL DUES INCOME

Revenue

$120,953

CHAPTER DUES INCOME

Revenue

$80,629

DONATION/AWARDS INCOME

Revenue

$500

Organization Details

Founding Year

1914

Principal Officer

Hunter Kahn

Main Address

C/O SMC 2155 TRIPHAMMER ROAD, ITHACA, NY, 14850

NTEE Category

Code: B83 - Education

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