Phi Sigma Kappa

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

EIN: 351818614 ✦ Bloomington, IN ✦ Designated as a 501(c)(7)

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Overview

What is Phi Sigma Kappa?

Phi Sigma Kappa is a nonprofit organization that operates at Indiana University. Its primary role is to offer leadership opportunities, a sense of brotherhood, and residential accommodations to its active chapter members during their university studies. The organization's mission is multifaceted, encompassing the provision of a supportive living environment alongside fostering strong interpersonal bonds among its 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: $133,987

For more financial information, click here

What is the mission statement of Phi Sigma Kappa?

The mission of Phi Sigma Kappa involves offering leadership development, fostering a sense of brotherhood, and providing housing or room and board facilities to its active chapter members during their tenure at Indiana University. This fraternal organization aims to support its members in their academic journey, promoting personal growth and camaraderie within the community. The primary focus is on providing an environment that encourages leadership skills, strengthens brotherly bonds, and ensures a comfortable living arrangement for its members.

Who is the CEO of Phi Sigma Kappa?

Andreas Rivera is the Treasurer of Phi Sigma Kappa.

What is the revenue of Phi Sigma Kappa?

Phi Sigma Kappa's revenue in 2022 was $941,726.

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

The average compensation at Phi Sigma Kappa during 2022 was $44,662. There are 3 employees at Phi Sigma Kappa.


Here are 2 key members and their salaries:


Andres Rivera (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Fitzsimons (President)
  • 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 committed to offering leadership development, fostering a sense of brotherhood, and providing housing facilities to its active chapter members during their time at Indiana University. This mission is twofold, encompassing both personal growth and practical support. By promoting leadership skills, Phi Sigma Kappa empowers its members to become capable individuals who can contribute positively to their academic and social environments. The brotherhood aspect of the organization encourages a sense of camaraderie and mutual support among its members, creating a strong and cohesive community. Lastly, by offering housing, Phi Sigma Kappa ensures that its members have a stable living environment during their university years, thereby reducing some of the stresses and distractions associated with finding and maintaining independent housing. In essence, Phi Sigma Kappa seeks to enhance the overall college experience of its members by providing them with the tools, support, and community needed to thrive academically and personally.

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Impact




October, 2024

Phi Sigma Kappa has a significant impact on its members by fostering a strong sense of leadership and brotherhood among active chapter members at Indiana University. By providing essential resources such as leadership development opportunities and a supportive community, the fraternity encourages personal and academic growth. Members benefit from a structured environment that emphasizes collaboration and mutual support, which can enhance their overall educational experience. Additionally, the provision of housing ensures that members have a stable and conducive living situation, allowing them to focus on their studies while forming lifelong friendships. This combination of leadership training, community building, and practical support contributes to shaping well-rounded individuals prepared for future challenges.




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
$941,726 (2022)
Expenses
$889,746 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $36
  • Program Service Revenue: $941,690
  • Gross Receipts: $941,726

Assets and Liabilities:

  • Total Assets: $563,255
  • Total Liabilities: $68,142
  • Net Assets: $495,113

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Programs

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

Room and Board

Revenue

$941,690

Organization Details

Founding Year

1940

Principal Officer

Andreas Rivera

Main Address

Greek Accting 608 N College Ave, Bloomington, IN, 47404

NTEE Category

Code: B83 - Education

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