Overview
What is Phi Kappa Psi Fraternity?
Phi Kappa Psi Fraternity is a nonprofit organization, headquartered in Indianapolis, Indiana, specifically at 5395 Emerson Way. Their primary focus is on the general management and educational services of around 100 chapters, serving approximately 98,148 members. The organization's mission is to foster the personal growth of its members, encouraging their intellectual development, community involvement, and spiritual development. With a dedicated workforce of 17 individuals, Phi Kappa Psi Fraternity aims to enhance the lives of its members and contribute to their overall well-being.
Official website here: www.phikappapsi.com
Is Phi Kappa Psi Fraternity legitimate?
Phi Kappa Psi Fraternity is a legitimate nonprofit organization registered as a 501(c)(7) entity. 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:
Executive Compensation: $143,430
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,003,657
For more financial information, click here
Official website here: www.phikappapsi.com
What is the mission statement of Phi Kappa Psi Fraternity?
Phi Kappa Psi Fraternity is an organization that fosters the development of its members in three key areas: intellect, community involvement, and faith. Their mission is to promote personal growth in these domains, encouraging men of integrity to make significant contributions to society. By providing general management and educational services to its 100 chapters and over 98,000 members, the fraternity aims to shape individuals who are well-rounded and committed to making a positive impact in their communities.
Official website here: www.phikappapsi.com
What is the revenue of Phi Kappa Psi Fraternity?
Phi Kappa Psi Fraternity's revenue in 2024 was $3,462,956.
Official website here: www.phikappapsi.com
Who are the executives of Phi Kappa Psi Fraternity and what are their salaries?
The average compensation at Phi Kappa Psi Fraternity during 2024 was $47,795. There are 24 employees and 100 volunteers at Phi Kappa Psi Fraternity.
Here are 11 key members and their salaries:
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- Compensation: $136,600
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- Other: $6,830
Official website here: www.phikappapsi.com
Where can I find the form 990 for Phi Kappa Psi Fraternity?
Phi Kappa Psi Fraternity's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.phikappapsi.com
Learn more at the official website: www.phikappapsi.com
Mission Statement of Phi Kappa Psi Fraternity
Phi Kappa Psi Fraternity is an organization dedicated to fostering the growth and development of its members. Their mission is centered around promoting integrity, encouraging involvement in the community, and nurturing faith among its associates. By striving to enhance the intellectual, communal, and spiritual aspects of its members, Phi Kappa Psi Fraternity aims to shape well-rounded individuals who can contribute positively to society. The fraternity's activities are geared towards achieving this mission, with a focus on the general management and educational services of its 100 chapters and the administration and education of its approximately 98,148 members.
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Impact
October, 2024
Phi Kappa Psi Fraternity fosters personal growth and development among its members, emphasizing integrity, scholarship, and community involvement. With a commitment to education, the fraternity operates 100 chapters and serves approximately 98,148 members. This extensive network is dedicated to enhancing the intellectual abilities of young men while encouraging their active participation in their communities and nurturing their personal faith.
The impact of Phi Kappa Psi can be seen in the leadership skills its members develop and the service initiatives they undertake, which promote social responsibility. Each chapter plays a vital role in facilitating academic success and personal enrichment, creating a supportive environment that helps young men thrive in their collegiate and post-college lives. Through its focus on ethical conduct and civic engagement, Phi Kappa Psi not only shapes individual lives but also contributes positively to the communities in which its members reside.
This information is meant to be a general summary of 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 2024.
- Investment Income: $24,232
- Program Service Revenue: $3,429,882
- Gross Receipts: $3,597,831
Assets and Liabilities:
- Total Assets: $3,086,235
- Total Liabilities: $811,409
- Net Assets: $2,274,826
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CHAPTER SERVICE FEES
Revenue
$1,787,190
LIABILITY INSURANCE PR
Revenue
$909,650
MEMBERSHIP DUES & ASSE
Revenue
$733,042
Organization Details
Founding Year
1987
Principal Officer
Marc Dumas
Website
www.phikappapsi.comNTEE Category
Code: B83 - Education
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