Overview
What is Pennsylvania Lambda Corporation Of The Phi Kappa Psi Fraternity?
Pennsylvania Lambda Corporation of the Phi Kappa Psi Fraternity is a nonprofit organization situated in State College, Pennsylvania. Its primary purpose is to foster academic and social camaraderie among its members. The corporation maintains and manages the fraternity house where members reside while studying at Pennsylvania State University. Rent is collected from the fraternity brothers, and the corporation covers the expenses associated with operating and maintaining the house. Additionally, the organization holds the title to the property used by the Penn State chapter of the Phi Kappa Psi Fraternity.
Official website here: www.greeks.psu.edu/ifc/pkp/fundsite/index.html
Is Pennsylvania Lambda Corporation Of The Phi Kappa Psi Fraternity legitimate?
Pennsylvania Lambda Corporation Of The Phi Kappa Psi Fraternity is a legitimate nonprofit organization registered as a 501(c)(2) entity. Pennsylvania Lambda Corporation Of The Phi Kappa Psi 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.greeks.psu.edu/ifc/pkp/fundsite/index.html
What is the mission statement of Pennsylvania Lambda Corporation Of The Phi Kappa Psi Fraternity?
The mission of Pennsylvania Lambda Corporation of the Phi Kappa Psi Fraternity is centered around promoting academic and social brotherhood among its members. They achieve this by holding title to a property that serves as the fraternity house where members reside while enrolled at a university. The corporation collects rent from the fraternity brothers and manages the operational and maintenance expenses of the house, ensuring a conducive living environment for the members.
Official website here: www.greeks.psu.edu/ifc/pkp/fundsite/index.html
Who is the CEO of Pennsylvania Lambda Corporation Of The Phi Kappa Psi Fraternity?
Frank Pugliese is the President of Pennsylvania Lambda Corporation Of The Phi Kappa Psi Fraternity.
Official website here: www.greeks.psu.edu/ifc/pkp/fundsite/index.html
What is the revenue of Pennsylvania Lambda Corporation Of The Phi Kappa Psi Fraternity?
Pennsylvania Lambda Corporation Of The Phi Kappa Psi Fraternity's revenue in 2023 was $90,014.
Official website here: www.greeks.psu.edu/ifc/pkp/fundsite/index.html
Who are the executives of Pennsylvania Lambda Corporation Of The Phi Kappa Psi Fraternity and what are their salaries?
There 9 volunteers at Pennsylvania Lambda Corporation Of The Phi Kappa Psi Fraternity.
Here are 9 key members and their salaries:
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Official website here: www.greeks.psu.edu/ifc/pkp/fundsite/index.html
Where can I find the form 990 for Pennsylvania Lambda Corporation Of The Phi Kappa Psi Fraternity?
Pennsylvania Lambda Corporation Of The Phi Kappa Psi Fraternity's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.greeks.psu.edu/ifc/pkp/fundsite/index.html
Learn more at the official website: www.greeks.psu.edu/ifc/pkp/fundsite/index.html
Mission Statement of Pennsylvania Lambda Corporation Of The Phi Kappa Psi Fraternity
Pennsylvania Lambda Corporation of the Phi Kappa Psi Fraternity, a nonprofit organization, is dedicated to fostering academic and social camaraderie among its members. It achieves this mission by owning and maintaining the fraternity house where members reside while enrolled at the Pennsylvania State University. The corporation collects rent from the fraternity brothers and manages the expenses related to operating and maintaining the house, ensuring a comfortable living space for its members. By providing a communal living environment, Pennsylvania Lambda Corporation of the Phi Kappa Psi Fraternity plays a crucial role in promoting a sense of brotherhood among its members, enriching their college experience.
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Impact
October, 2024
The Pennsylvania Lambda Corporation of the Phi Kappa Psi Fraternity plays a significant role in fostering academic and social brotherhood among its members at the Pennsylvania State University. By maintaining a dedicated fraternity house, it provides a supportive living environment where members can collaborate on their academic pursuits while also engaging in social activities that strengthen their bonds.
The organization not only holds the title to the property but also collects rent from fraternity brothers to fund the ongoing operation and maintenance of the house. This ensures a well-managed space that enhances the college experience for its members, encouraging personal development and communal responsibility.
In addition to housing, the corporation's commitment to academic and social engagement contributes to a sense of community both within the fraternity and the broader campus landscape. This focus on brotherhood and support aids in developing leadership skills and lifelong friendships among its members, positively impacting their personal and professional lives. Overall, the Pennsylvania Lambda Corporation helps cultivate a community that values excellence, collaboration, and mutual support.
This information is meant to be a general summary of Pennsylvania Lambda Corporation Of The Phi Kappa Psi 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 2023.
- Investment Income: $14
- Program Service Revenue: $90,000
- Gross Receipts: $90,014
Assets and Liabilities:
- Total Assets: $668,473
- Total Liabilities: $11,562
- Net Assets: $656,911
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$90,000
Organization Details
Founding Year
1912
Phone
(814) 238-8474Principal Officer
Frank Pugliese
Main Address
431 SCIENCE PARK ROAD 302, STATE COLLEGE, PA, 16803
NTEE Category
Code: S47 - Community improvement
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