Overview
What is Phi Kappa Psi Fraternity?
Phi Kappa Psi Fraternity is a nonprofit organization situated in Minneapolis, Minnesota, specifically at 2221 University Avenue SE STE 111. The fraternity is primarily a social club, with a membership of 97 male undergraduate students attending the University of Minnesota. It offers housing accommodation for up to 28 of its members from August 2022 to May 2023. The fraternity provides a nurturing environment and various social activities for its members, as per its mission statement. The fraternity is identified as the Minnesota Beta Chapter, and it ensures that catered meals are available for its live-in members. The focus of Phi Kappa Psi Fraternity is on fostering a collegiate fraternity experience, providing its members with a supportive social environment.
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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Phi Kappa Psi Fraternity?
The Phi Kappa Psi Fraternity serves as a social club, providing a collegiate fraternity environment and activities for its members. Their mission is to offer a social setting and experiences for its male undergraduate students. While detailed mission statements focusing on societal impact or specific causes are not provided in the information, it can be inferred that the primary purpose of Phi Kappa Psi Fraternity is to foster camaraderie and social interactions among its members. The fraternity provides housing for up to 28 of its members and offers catered meals to its live-in members.
Who is the CEO of Phi Kappa Psi Fraternity?
Zach Peterson is the Principal Officer of Phi Kappa Psi Fraternity.
What is the revenue of Phi Kappa Psi Fraternity?
Phi Kappa Psi Fraternity's revenue in 2023 was $369,244.
Who are the executives of Phi Kappa Psi Fraternity and what are their salaries?
There 80 volunteers at Phi Kappa Psi Fraternity.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Phi Kappa Psi Fraternity?
Phi Kappa Psi Fraternity's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Phi Kappa Psi Fraternity
Phi Kappa Psi Fraternity serves as a social club, offering a collegiate fraternity environment and activities to its male undergraduate members. The mission of this fraternity is centered around providing a social atmosphere and engaging experiences for its members. This organization, with a membership of 97 students attending the University of Minnesota, ensures housing for up to 28 of its members from August 2022 to May 2023. The fraternity also caters meals to its live-in members, further enhancing the sense of community within its four walls.
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Impact
October, 2024
Phi Kappa Psi Fraternity plays a vital role in fostering a sense of community and leadership among its members. By providing a social environment that encourages camaraderie and personal growth, it helps create lasting friendships and networks for the 97 male undergraduate students at the University of Minnesota.
The fraternity's housing accommodations for up to 28 members from August 2022 to May 2023 enhance the collegiate experience by offering a supportive living situation where students can thrive academically and socially. Regular catered meals for live-in members promote not only nutritious eating but also facilitate communal gatherings, encouraging collaboration and strong interpersonal bonds.
Moreover, the fraternal activities organized by Phi Kappa Psi contribute significantly to the development of essential life skills such as teamwork, leadership, and responsibility. Through various events, members engage in educational experiences that complement their academic pursuits, emphasizing the fraternity's commitment to fostering well-rounded individuals prepared for future challenges. Overall, Phi Kappa Psi's impact extends beyond social interaction to encompass personal development and academic success, making a meaningful contribution to the university community.
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 2023.
- Investment Income: $203
- Program Service Revenue: $367,025
- Gross Receipts: $369,432
Assets and Liabilities:
- Total Assets: $146,844
- Total Liabilities: $64,576
- Net Assets: $82,268
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT,PARLOR,BOARD
Revenue
$181,625
CHAPTER DUES
Revenue
$165,500
CHAPTER/SOCIAL ACTIVITIES
Revenue
$19,900
Organization Details
Founding Year
1888
Phone
(612) 624-5015Principal Officer
Zach Peterson
Main Address
2221 UNIVERSITY AVE SE STE 111, MINNEAPOLIS, MN, 55414
NTEE Category
Code: B83 - Education
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