Alpha Kappa Psi Fraternity Inc

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

EIN: 352018908 ✦ Noblesville, IN ✦ Designated as a 501(c)(7)

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Overview

What is Alpha Kappa Psi Fraternity Inc?

Alpha Kappa Psi Fraternity Inc is a renowned nonprofit organization, primarily focused on advancing the field of commerce, accounting, and finance. Their mission is to nurture principled business leaders with exceptional leadership skills, providing ample opportunities for personal growth. They achieve this goal by fostering research, offering values-based education, and organizing various events such as e-learning modules, webinars, and onsite educational programming. The fraternity's impact extends beyond its college chapters worldwide and includes alumni members participating in alumni groups, all benefiting from leadership development activities. Additionally, Alpha Kappa Psi Fraternity Inc strives to educate the general public by disseminating relevant business and leadership information.


Official website here: www.akpsi.org

Is Alpha Kappa Psi Fraternity Inc legitimate?

Alpha Kappa Psi Fraternity Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Alpha Kappa Psi Fraternity 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: $418,346
Professional Fundraising Fees: $0
Other Salaries and Wages: $528,094

For more financial information, click here


Official website here: www.akpsi.org

What is the mission statement of Alpha Kappa Psi Fraternity Inc?

Alpha Kappa Psi Fraternity's mission is centered around promoting the well-being of its members and encouraging research in commerce, accounting, and finance. The fraternity strives to develop principled business leaders, providing opportunities for personal growth and leadership development. Through various programs and events, such as e-learning modules, webinars, and onsite educational programming, the fraternity offers lifelong learning opportunities. Moreover, Alpha Kappa Psi Fraternity aims to educate the general public by disseminating relevant business and leadership information.


Official website here: www.akpsi.org

Who is the CEO of Alpha Kappa Psi Fraternity Inc?

Carl Steven Hartman is the Chair of Alpha Kappa Psi Fraternity Inc. The CEO's salary of Alpha Kappa Psi Fraternity Inc is $200,021 and their total compensation is $245,355.


Official website here: www.akpsi.org

What is the revenue of Alpha Kappa Psi Fraternity Inc?

Alpha Kappa Psi Fraternity Inc's revenue in 2022 was $3,023,234.


Official website here: www.akpsi.org

Who are the executives of Alpha Kappa Psi Fraternity Inc and what are their salaries?

The average compensation at Alpha Kappa Psi Fraternity Inc during 2022 was $43,020. There are 22 employees and 650 volunteers at Alpha Kappa Psi Fraternity Inc.


Here are 15 key members and their salaries (Alpha Kappa Psi Fraternity Inc's CEO's salary is $200,021 and their total compensation is $245,355):


Eileen Howell (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Micheal Dickson (Vice Chair(7/1/21 - Present))
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Vasquez (Vice Chair (7/1/21 - 8/21/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Sechler (Treasurer (8/21/21 - Present))
  • Compensation: $0
  • Related: $0
  • Other: $0
Naneen Christopher (Treasurer (7/1/21 - 8/21/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Dickerson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miriam Tomaselli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Barrett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Azzinaro (Director (8/21/21 - 6/30/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Lane Velayo (Director (8/21/21 - 6/30/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
David Wendroff (Director (8/21/21 - 6/30/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
John Levering (Director (7/1/21 - 8/21/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Hastey (Bod Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Steven Hartman (Ceo)
  • Compensation: $200,021
  • Related: $0
  • Other: $45,334
Brian Parker (Coo)
  • Compensation: $133,897
  • Related: $0
  • Other: $17,004


Official website here: www.akpsi.org

Where can I find the form 990 for Alpha Kappa Psi Fraternity Inc?

Alpha Kappa Psi Fraternity Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.akpsi.org

Learn more at the official website: www.akpsi.org

Mission Statement of Alpha Kappa Psi Fraternity Inc

Alpha Kappa Psi Fraternity Inc is committed to promoting the prosperity of its members and encouraging research in the fields of commerce, accounting, and finance. Recognized as a pioneer in cultivating principled business leaders, the fraternity offers its members and alumni a platform for honing their leadership skills. Viewed as a significant avenue for personal development, Alpha Kappa Psi Fraternity Inc places a strong emphasis on values-based education. The organization provides numerous opportunities for ongoing learning through programs such as e-learning modules, webinars, and on-site educational events. By doing so, Alpha Kappa Psi Fraternity Inc fosters a lifelong learning environment that empowers its members to make meaningful contributions to their respective fields.

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Impact




October, 2024

Alpha Kappa Psi Fraternity Inc significantly impacts the development of principled business leaders across the globe. By focusing on fostering research in commerce, accounting, and finance, the fraternity enhances the educational experiences of its members, providing them with the tools necessary for personal and professional growth.

Through a range of leadership development activities and programs, members gain access to essential skills that allow them to thrive in their careers. The fraternity’s commitment to values-based education ensures that its members not only excel in their respective fields but also adhere to ethical practices as future leaders.

Additionally, Alpha Kappa Psi promotes lifelong learning by offering various resources, including e-learning modules, webinars, and in-person educational events. Such initiatives ensure that both current members and alumni remain informed about pertinent business and leadership topics, further enriching their professional journeys. Overall, the fraternity plays a vital role in shaping well-rounded, responsible business leaders prepared to make positive contributions to their organizations and communities.




This information is meant to be a general summary of Alpha Kappa Psi Fraternity 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
$3,023,234 (2022)
Expenses
$3,349,691 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $425,956
  • Program Service Revenue: $2,336,809
  • Gross Receipts: $17,391,591

Assets and Liabilities:

  • Total Assets: $9,683,802
  • Total Liabilities: $1,021,195
  • Net Assets: $8,662,607

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Programs

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

MEMBERSHIP DUES

Revenue

$1,842,247

INSURANCE FEES

Revenue

$373,050

CONVENTION AND MEETING REVENUE

Revenue

$121,512

Organization Details

Founding Year

1904

Principal Officer

Carl Steven Hartman

Main Address

8001 E 196TH STREET, NOBLESVILLE, IN, 46062

NTEE Category

Code: B83 - Education

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