Phi Kappa Sigma Fraternity

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

EIN: 240799192 ✦ State college, PA ✦ Designated as a 501(c)(7)

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Overview

What is Phi Kappa Sigma Fraternity?

Phi Kappa Sigma Fraternity is a nonprofit organization situated in State College, Pennsylvania, specifically at 431 Science Park Road Suite 302. Their primary mission is to foster good fellowship and cultivate social virtues among their members. This fraternity is dedicated to protecting the rights and advocating for the best interests of its members and the broader community. Additionally, they encourage academic excellence in various fields of higher education and engage in community service initiatives. The fraternity's activities are centered around promoting social virtues and academic excellence, offering a platform for scholars to collaborate and serve others.

Is Phi Kappa Sigma Fraternity legitimate?

Phi Kappa Sigma Fraternity is a legitimate nonprofit organization registered as a 501(c)(7) entity. Phi Kappa Sigma 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: $0

For more financial information, click here

What is the mission statement of Phi Kappa Sigma Fraternity?

Phi Kappa Sigma Fraternity's mission is centered around fostering good fellowship among its members and encouraging the development of social virtues. The fraternity also places a strong emphasis on recognizing and promoting academic excellence across various fields of higher education. In addition, Phi Kappa Sigma Fraternity encourages its members to engage in community service, aiming to protect the rights and advance the best interests of its members. Furthermore, the fraternity encourages good scholarship and a broad range of training for its members, cooperating with academic institutions to support their educational and cultural programs.

Who is the CEO of Phi Kappa Sigma Fraternity?

Eric Friberg is the President (Until 10/2022) of Phi Kappa Sigma Fraternity.

What is the revenue of Phi Kappa Sigma Fraternity?

Phi Kappa Sigma Fraternity's revenue in 2022 was $308,848.

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

There 3 volunteers at Phi Kappa Sigma Fraternity.


Here are 4 key members and their salaries:


Mark Bockelman (President (Until 10/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Rycheck (Vice-President/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Otto Grupp Iii (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Friberg (President (As Of 10/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Phi Kappa Sigma Fraternity?

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

Mission Statement of Phi Kappa Sigma Fraternity

Phi Kappa Sigma Fraternity, with a mission to foster good fellowship and cultivate social virtues among its members, recognizes and promotes academic excellence in various fields of higher education. The organization seeks to engage the community of scholars in serving others, thereby encouraging good scholarship and broadening the educational experiences of its members. The objectives of Phi Kappa Sigma Fraternity involve protecting just rights and advancing the best interests of its members, both present and future, while encouraging academic achievement and cooperation in the educational and cultural programs of the institutions where its chapters are located.

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Impact




October, 2024

Phi Kappa Sigma Fraternity significantly impacts its members and the broader community through its commitment to fostering good fellowship and cultivating social virtues. By prioritizing the promotion of academic excellence across various fields of higher education, the fraternity encourages its members to excel academically and engage actively in their educational institutions. This dedication not only enhances personal development but also supports wider cultural and educational programs.

Through its initiatives, Phi Kappa Sigma emphasizes community service, motivating members to contribute positively to society. The fraternity cultivates a sense of responsibility and cooperation among its members, aligning individual goals with collective interests. By creating an environment that values good scholarship and mentorship, Phi Kappa Sigma plays a vital role in shaping well-rounded individuals who are prepared to lead and serve in their communities. Overall, the fraternity’s influence extends beyond its members to enrich educational institutions and society at large.




This information is meant to be a general summary of Phi Kappa Sigma 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.

Revenue
$308,848 (2022)
Expenses
$335,249 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $308,848

Assets and Liabilities:

  • Total Assets: $407,597
  • Total Liabilities: $372,593
  • Net Assets: $35,004

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Organization Details

Founding Year

1873

Principal Officer

Eric Friberg

Main Address

431 SCIENCE PARK ROAD SUITE 302, STATE COLLEGE, PA, 16803

NTEE Category

Code: B83 - Education

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