Overview
What is Pi Tau Sigma?
Pi Tau Sigma is an honorary society, established for recognizing, supporting, and honoring exceptional capabilities, scholarly achievements, and promising futures in the field of mechanical engineering. Each year, they convene for their annual meeting, where they vote on financial matters and other important business items, award recognitions, and report on national matters impacting their membership. The society, headquartered in Brookings, South Dakota, operates under the name Pi Tau Sigma - CO Gregory Michna, demonstrating their commitment to fostering excellence in mechanical engineering.
Official website here: www.pitausigma.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating. This rating reflects a solid level of accountability and financial health for Pi Tau Sigma, as it is calculated entirely from a single beacon score focused on these aspects.
The organization demonstrates strong governance with 100% independent board members and a favorable board size. Additionally, there are no reported issues with material asset diversion, and program expenses are commendable at 85.72%, indicating effective use of funds toward its mission. However, the absence of a conflict of interest policy and a whistleblower policy raises concerns regarding transparency and risk management practices.
Overall, while Pi Tau Sigma shows strengths in its financial management and governance structure, the gaps in certain policies suggest areas for improvement to enhance trust and accountability within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Pi Tau Sigma legitimate?
Pi Tau Sigma is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pi Tau Sigma 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: $19,200
For more financial information, click here
Official website here: www.pitausigma.net
What is the mission statement of Pi Tau Sigma?
Pi Tau Sigma, an honorary society for mechanical engineers, is established with the mission to recognize, support, and honor sound engineering ability, scholarship, personality, and future success in the field of mechanical engineering. The society aims to honor deserving individuals in this field, fostering their growth and success. At their annual convention, chapters gather to vote on financial matters and other business items, while also presenting recognition awards and reporting on national matters affecting membership.
Official website here: www.pitausigma.net
Who is the CEO of Pi Tau Sigma?
Gregory Michna is the Secretary/Tr of Pi Tau Sigma.
Official website here: www.pitausigma.net
What is the revenue of Pi Tau Sigma?
Pi Tau Sigma's revenue in 2022 was $94,839.
Official website here: www.pitausigma.net
Who are the executives of Pi Tau Sigma and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.pitausigma.net
Where can I find the form 990 for Pi Tau Sigma?
Pi Tau Sigma's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pitausigma.net
Learn more at the official website: www.pitausigma.net
Mission Statement of Pi Tau Sigma
Pi Tau Sigma, an honorary society for mechanical engineers, is dedicated to recognizing, supporting, and honoring outstanding engineering ability, scholarship, personality, and future success in the field of mechanical engineering. The society's mission is to celebrate the achievements of individuals who excel in this field, fostering a sense of community and camaraderie among mechanical engineers.
At the heart of Pi Tau Sigma's mission is the recognition of sound engineering skills. The society seeks to identify and honor those who demonstrate a deep understanding of mechanical engineering principles and the ability to apply them in innovative and effective ways. By doing so, Pi Tau Sigma aims to inspire future generations of engineers and encourage continued excellence in the field.
In addition to recognizing engineering ability, Pi Tau Sigma also places a strong emphasis on scholarship and personal development. The society supports and honors students who excel academically, recognizing the importance of a strong educational foundation in the field of mechanical engineering. Furthermore, Pi Tau Sigma values personality and future success, recognizing that successful engineers are not only technically skilled but also well-rounded individuals with strong interpersonal skills and a clear vision for their future.
The annual convention and meeting of Pi Tau Sigma chapters is a key event in the society's calendar. At this gathering, chapters come together to vote on financial matters and other business issues, as well as to award recognitions and report on national matters affecting membership. This event serves as a platform for chapters to share best practices and collaborate on initiatives, further strengthening the sense of community within the society.
Overall, Pi Tau Sigma is a society that is deeply committed to recognizing, supporting, and honoring the achievements of mechanical engineers. By celebrating engineering ability, scholarship, personality, and future success, the society seeks to inspire and empower individuals in this field, fostering a community of excellence and innovation.
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Impact
October, 2024
Pi Tau Sigma significantly impacts the field of mechanical engineering by recognizing and honoring outstanding achievement among its members. Through annual meetings and conventions, the society fosters a sense of community and collaboration among mechanical engineering students and professionals. It supports members by highlighting their academic excellence, personal qualities, and potential for future success, thus promoting high standards in engineering education and practice.
Additionally, the organization influences the professional landscape by addressing pressing national matters that affect membership, creating a platform for dialogue and decision-making. Award recognitions not only celebrate individual accomplishments but also inspire others to strive for excellence, ultimately elevating the overall quality and reputation of mechanical engineering as a discipline. Through these initiatives, Pi Tau Sigma plays a crucial role in nurturing the next generation of engineers and reinforcing the values of scholarship and professional integrity.
This information is meant to be a general summary of Pi Tau Sigma. 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 2022.
- Investment Income: $31,759
- Program Service Revenue: $18,191
- Gross Receipts: $94,839
Assets and Liabilities:
- Total Assets: $1,063,829
- Total Liabilities: $0
- Net Assets: $1,063,829
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGALIA SALES
Revenue
$18,191
Organization Details
Founding Year
1915
Phone
(605) 688-6323Principal Officer
Gregory Michna
Main Address
SD STATE UNIV BOX 2219 SCEH 221, BROOKINGS, SD, 57007
Website
www.pitausigma.netIf you are a representative of Pi Tau Sigma and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.