Overview
What is Phi Alumni Corporation Of Psi Upsilon?
Phi Alumni Corporation of Psi Upsilon is a nonprofit organization situated in Ann Arbor, Michigan. Their primary mission revolves around renting out a fraternity house to students enrolled at the University of Michigan. Alongside this, they contribute towards covering the associated occupancy expenses. The organization's purpose is not only limited to the provision of housing but also aims to support the students attending the university.
Is Phi Alumni Corporation Of Psi Upsilon legitimate?
Phi Alumni Corporation Of Psi Upsilon is a legitimate nonprofit organization registered as a 501(c)(2) entity. Phi Alumni Corporation Of Psi Upsilon 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.
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What is the mission statement of Phi Alumni Corporation Of Psi Upsilon?
The Phi Alumni Corporation of Psi Upsilon's mission involves providing a fraternity house for rental to students attending the University of Michigan. This is one of the organization's programs, and it also assists in covering the associated occupancy expenses. While the primary focus is on housing, the corporation's activities are aimed at supporting the university community. The organization's mission, in essence, is to facilitate a living space for students within the university environment.
Who is the CEO of Phi Alumni Corporation Of Psi Upsilon?
Daniel T Smale is the President of Phi Alumni Corporation Of Psi Upsilon.
What is the revenue of Phi Alumni Corporation Of Psi Upsilon?
Phi Alumni Corporation Of Psi Upsilon's revenue in 2023 was $215,382.
Who are the executives of Phi Alumni Corporation Of Psi Upsilon and what are their salaries?
There 20 volunteers at Phi Alumni Corporation Of Psi Upsilon.
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Where can I find the form 990 for Phi Alumni Corporation Of Psi Upsilon?
Phi Alumni Corporation Of Psi Upsilon's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Phi Alumni Corporation Of Psi Upsilon
Phi Alumni Corporation of Psi Upsilon's mission revolves around providing a fraternity house for students attending the University of Michigan. This organization serves as a facilitator, leasing out the property as one of its significant programs. Furthermore, Phi Alumni Corporation assists in covering the associated occupancy expenses. This endeavor not only provides a residential space but also contributes to the collegiate experience of the students.
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Impact
October, 2024
Phi Alumni Corporation of Psi Upsilon plays a significant role in enhancing the collegiate experience for students at the University of Michigan by providing a dedicated housing option through the rental of its fraternity house. This initiative not only offers students a place to live but also fosters a sense of community and belonging that is crucial for academic and personal growth.
By ensuring that occupancy expenses are covered, the organization alleviates some financial burdens on students, allowing them to focus more on their studies and campus involvement. The presence of the fraternity house contributes to the vibrant social fabric of the university, encouraging networking, leadership development, and camaraderie among its residents.
Furthermore, the impact of Phi Alumni Corporation extends beyond individual students; it enhances community improvement by maintaining and managing a significant property within Ann Arbor. This fosters local engagement and supports the overall vitality of the university community, creating a nurturing environment for future leaders.
This information is meant to be a general summary of Phi Alumni Corporation Of Psi Upsilon. 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 2023.
- Investment Income: $832
- Program Service Revenue: $198,500
- Gross Receipts: $215,382
Assets and Liabilities:
- Total Assets: $679,806
- Total Liabilities: $319,351
- Net Assets: $360,455
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS
Revenue
$198,500
Organization Details
Founding Year
1892
Phone
(734) 997-9777Principal Officer
Daniel T Smale
Main Address
C/O ALPHA MGMT GRP 6921 JACKSON RD, Ann Arbor, MI, 48103
NTEE Category
Code: S47 - Community improvement
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