Phi Sigma Kappa

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

EIN: 410479442 ✦ Minneapolis, MN ✦ Designated as a 501(c)(7)

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Overview

What is Phi Sigma Kappa?

Phi Sigma Kappa, specifically the 126 Beta Deuteron chapter, is a student-centered nonprofit organization located in Minneapolis, Minnesota. Known for its fraternity housing, Phi Sigma Kappa offers a social space for its members. Beyond housing, the organization hosts engaging activities to foster a supportive and enriching environment for its members. As a sorority/fraternity organization, Phi Sigma Kappa's primary goal is to provide a nurturing environment for its members, ensuring they have a positive college experience.


Official website here: www.phisig.com

Is Phi Sigma Kappa legitimate?

Phi Sigma Kappa is a legitimate nonprofit organization registered as a 501(c)(7) entity. Phi Sigma Kappa submitted a form 990EZ, 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.


Official website here: www.phisig.com

What is the mission statement of Phi Sigma Kappa?

Phi Sigma Kappa, as an organization, aims to establish a social club atmosphere for its members by offering collegiate fraternity housing and organizing engaging activities. The primary focus of this student sorority/fraternity group is to create a nurturing and supportive environment, fostering personal growth and enrichment for its members.


Official website here: www.phisig.com

Who is the CEO of Phi Sigma Kappa?

Drew Russeth is the President of Phi Sigma Kappa.


Official website here: www.phisig.com

What is the revenue of Phi Sigma Kappa?

Phi Sigma Kappa's revenue in 2023 was $58,322.


Official website here: www.phisig.com

Who are the executives of Phi Sigma Kappa and what are their salaries?


Here are 6 key members and their salaries:


Drew Russeth (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christian Toledo (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Dahl (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Sunvold (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Williams (Sentinel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Thompson (Inductor)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.phisig.com

Where can I find the form 990EZ for Phi Sigma Kappa?

Phi Sigma Kappa's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.phisig.com

Learn more at the official website: www.phisig.com

Mission Statement of Phi Sigma Kappa

Phi Sigma Kappa, specifically the 126 Beta Deuteron chapter, serves as a student fraternity organization in Minneapolis, MN. Its primary mission is to establish a vibrant social club atmosphere, achieving this by offering collegiate fraternity housing and organizing engaging activities. The organization's goal is to foster an enriching and supportive environment for its members, providing them with opportunities to grow and thrive within its community.

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Impact




October, 2024

Phi Sigma Kappa - 126 Beta Deuteron plays a vital role in enriching the collegiate experience for its members in Minneapolis, MN, by fostering a strong sense of community and camaraderie. The organization provides fraternity housing and organizes engaging activities that enhance social interactions, personal development, and networking opportunities among students. Its focused mission creates a supportive environment where members can thrive academically and socially, promoting lifelong friendships and mentorship. Through its initiatives, Phi Sigma Kappa contributes to the overall growth and well-being of students, helping them to develop essential leadership skills and instilling values that extend beyond their college years.




This information is meant to be a general summary of Phi Sigma Kappa. 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
$58,322 (2023)
Expenses
$55,395 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $142
  • Program Service Revenue: $11,836
  • Gross Receipts: $58,486

Assets and Liabilities:

  • Total Assets: $13,685
  • Total Liabilities: $412
  • Net Assets: $13,273

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Organization Details

Principal Officer

Drew Russeth

Main Address

2221 UNIVERSITY AVE SE STE 111, MINNEAPOLIS, MN, 55414

NTEE Category

Code: B83 - Education

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