Chi Psi Fraternity

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

EIN: 386089059 ✦ Nashville, TN ✦ Designated as a 501(c)(7)

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Overview

What is Chi Psi Fraternity?

Chi Psi Fraternity is a nonprofit organization situated in Nashville, Tennessee, with the address 45 Rutledge Street, TN 37210. Their primary mission is to foster intellectual, ethical, and social development among its members. They achieve this by offering chapter services, leadership education, staff visits, publications, a leadership convention, resources, and programs. The fraternity's purpose is to create and maintain an enduring society that encourages the sharing of traditions and values, while also promoting leadership, respect, and responsibility towards the university. They have a dedicated team of 15 individuals committed to their cause.


Official website here: www.chipsi.org

Is Chi Psi Fraternity legitimate?

Chi Psi Fraternity is a legitimate nonprofit organization registered as a 501(c)(7) entity. Chi 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: $119,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $585,660

For more financial information, click here


Official website here: www.chipsi.org

What is the mission statement of Chi Psi Fraternity?

Chi Psi Fraternity's mission is centered around establishing and sustaining a lasting society that fosters intellectual, ethical, and social development. This fraternity encourages the cultivation and sharing of traditions and values, promoting leadership, self-respect, and responsibility towards the university in the process. The fraternity provides chapter services and leadership education to its members, including regular visits from staff, publications, leadership conventions, resources, and programs, offering guidance and oversight as well.


Official website here: www.chipsi.org

Who is the CEO of Chi Psi Fraternity?

Sam Bessey is the Executive Director of Chi Psi Fraternity.


Official website here: www.chipsi.org

What is the revenue of Chi Psi Fraternity?

Chi Psi Fraternity's revenue in 2021 was $1,508,418.


Official website here: www.chipsi.org

Who are the executives of Chi Psi Fraternity and what are their salaries?

The average compensation at Chi Psi Fraternity during 2021 was $47,027. There are 15 employees and 250 volunteers at Chi Psi Fraternity.


Here are 16 key members and their salaries:


Sam Bessey (Executive Director)
  • Compensation: $112,250
  • Related: $0
  • Other: $17,179
Max E D Rubin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Wells (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Bish (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Sokoll (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pranav Charvu (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Monti (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Austin Price (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Hattendorf (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nickolas G Milonas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael R Britt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Gustafson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark G Day (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John S Logan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Haltom (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David O Woodruff (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chipsi.org

Where can I find the form 990 for Chi Psi Fraternity?

Chi Psi Fraternity's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.chipsi.org

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

Mission Statement of Chi Psi Fraternity

Chi Psi Fraternity's mission is centered around establishing and sustaining an enduring society that fosters intellectual, ethical, and social growth. This organization encourages the sharing of traditions and values, and in doing so, promotes leadership, respect for oneself and others, and a sense of responsibility towards the university. In essence, Chi Psi Fraternity aims to cultivate well-rounded individuals who contribute positively to their academic environment.

To accomplish this mission, Chi Psi Fraternity provides various chapter services and leadership education to its members. These offerings include regular staff visits, publications, leadership conventions, resources, and programs. By offering these resources, the fraternity provides oversight and guidance to its members, ensuring that they are well-equipped to navigate their university experience and embody the fraternity's values. These services and educational opportunities are designed to help members develop the skills and mindset necessary to make a lasting impact in their academic and social circles.

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Impact




October, 2024

Chi Psi Fraternity significantly contributes to the intellectual, ethical, and social development of its members and the wider university community. By fostering an enduring society, it emphasizes the importance of leadership, personal responsibility, and respect for oneself and others. The fraternity actively encourages members to share traditions and values, promoting a sense of belonging and community.

Through regular chapter services and leadership education initiatives, Chi Psi provides essential resources and programs that enhance personal growth and civic responsibility. This includes staff visits and a leadership convention designed to equip members with the skills necessary for effective leadership and engagement in their university environments. By focusing on these core principles, Chi Psi cultivates a generation of leaders who are committed to making positive contributions to society.




This information is meant to be a general summary of Chi 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.

Revenue
$1,508,418 (2021)
Expenses
$1,379,088 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $7,515
  • Program Service Revenue: $627,984
  • Gross Receipts: $2,070,551

Assets and Liabilities:

  • Total Assets: $4,012,394
  • Total Liabilities: $2,342,862
  • Net Assets: $1,669,532

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Programs

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

MEMBERSHIP DUES & ASSESSMENTS

Revenue

$490,632

NLIP (RISK MANAGEMENT)

Revenue

$137,352

Organization Details

Founding Year

1947

Principal Officer

Sam Bessey

Main Address

45 RUTLEDGE STREET, NASHVILLE, TN, 37210

NTEE Category

Code: B83 - Education

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