Phi Kappa Sigma Educational Fund Inc

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

EIN: 236235335 ✦ Chestertown, MD ✦ Designated as a 501(c)(3)

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Overview

What is Phi Kappa Sigma Educational Fund Inc?

Phi Kappa Sigma Educational Fund Inc is a nonprofit organization based in Chestertown, Maryland. Their primary mission is to offer financial aid and educational training to eligible fraternity members. They provide scholarships to support the academic growth of these members and encourage the development of their leadership abilities within their respective chapters. With a small team of one employee, this organization is dedicated to fostering scholastic improvement and leadership potential among its fraternity members.


Official website here: www.pksedfund.com

Is Phi Kappa Sigma Educational Fund Inc legitimate?

Phi Kappa Sigma Educational Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phi Kappa Sigma Educational Fund 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: $115,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.pksedfund.com

What is the mission statement of Phi Kappa Sigma Educational Fund Inc?

Phi Kappa Sigma Educational Fund Inc's mission is centered around providing financial aid and educational support to eligible fraternity members. Their primary goal is to award scholarships to deserving individuals within the fraternity, fostering scholastic improvement and enhancing their leadership capabilities within their respective chapters. The fund also focuses on offering training programs to further enhance the educational experiences of its members.


Official website here: www.pksedfund.com

Who is the CEO of Phi Kappa Sigma Educational Fund Inc?

Jeffrey Long is the President of Phi Kappa Sigma Educational Fund Inc.


Official website here: www.pksedfund.com

What is the revenue of Phi Kappa Sigma Educational Fund Inc?

Phi Kappa Sigma Educational Fund Inc's revenue in 2022 was $361,518.


Official website here: www.pksedfund.com

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

The average compensation at Phi Kappa Sigma Educational Fund Inc during 2022 was $115,000. There is 1 employee at Phi Kappa Sigma Educational Fund Inc.


Here are 5 key members and their salaries:


Peter Nichols (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lonny Boeke (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Long (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ct Benis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Shea (Director Of)
  • Compensation: $115,000
  • Related: $0
  • Other: $0


Official website here: www.pksedfund.com

Where can I find the form 990 for Phi Kappa Sigma Educational Fund Inc?

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


Official website here: www.pksedfund.com

Learn more at the official website: www.pksedfund.com

Mission Statement of Phi Kappa Sigma Educational Fund Inc

Phi Kappa Sigma Educational Fund Inc is dedicated to assisting eligible fraternity members financially and aiding in their educational development. The primary mission of this organization is to provide scholarships to deserving fraternity members, thereby fostering scholastic improvement and enhancing their leadership capabilities within their respective chapters. By offering financial assistance, Phi Kappa Sigma Educational Fund Inc aims to empower its members and contribute to their overall growth and success in their academic pursuits. The fund also provides training opportunities, enabling its members to hone their skills and become responsible leaders within their fraternities.

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Impact




October, 2024

Phi Kappa Sigma Educational Fund Inc significantly impacts eligible fraternity members by providing essential financial assistance and training for their educational pursuits. Through scholarships, the organization enhances access to higher education, enabling students to focus on their academic goals without the constant burden of financial stress. Additionally, it supports the development of scholastic improvement and leadership capabilities, fostering a stronger sense of community and personal growth within the fraternity chapters. This dual focus on education and leadership enriches the members' experiences, empowering them to succeed both academically and as future leaders. As a result, the organization not only contributes to individual successes but also cultivates a culture of excellence and responsibility among fraternity members.




This information is meant to be a general summary of Phi Kappa Sigma Educational Fund 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
$361,518 (2022)
Expenses
$509,782 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $179,891
  • Gross Receipts: $361,518

Assets and Liabilities:

  • Total Assets: $4,460,494
  • Total Liabilities: $41,119
  • Net Assets: $4,419,375

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Organization Details

Founding Year

1953

Principal Officer

Jeffrey Long

Main Address

PO BOX 508, CHESTERTOWN, MD, 21620

NTEE Category

Code: B83 - Education

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