Phi Rho Sigma Medical Society

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

EIN: 420467580 ✦ Iowa city, IA ✦ Designated as a 501(c)(7)

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Overview

What is Phi Rho Sigma Medical Society?

Phi Rho Sigma Medical Society, specifically its Mu Chapter, is a nonprofit organization situated in Iowa City, Iowa. Primarily catering to medical students of the University of Iowa Carver College of Medicine, it offers shared living quarters, providing essential amenities such as room and board. Beyond this, it serves as a platform for the free exchange of ideas, fosters a sense of community involvement, and offers mentorship from experienced medical professionals and students. Furthermore, the society facilitates educational opportunities, covers national membership dues, and even caters to the grocery needs of around 23 students annually.

Is Phi Rho Sigma Medical Society legitimate?

Phi Rho Sigma Medical Society is a legitimate nonprofit organization registered as a 501(c)(7) entity. Phi Rho Sigma Medical Society 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.

What is the mission statement of Phi Rho Sigma Medical Society?

The Phi Rho Sigma Medical Society, through its Mu Chapter, serves as a residential facility for medical students of the University of Iowa Carver College of Medicine in Iowa City. Its primary mission is to provide a living space, covering room and board, for up to 23 students annually. Beyond this, the society aims to foster an environment for the free exchange of ideas, invest in the local community, and offer mentoring and support from experienced medical professionals and students. It also facilitates education and pays national membership dues for the students. Additionally, the Phi Rho Sigma Medical Society ensures that groceries are available for its residents.

Who is the CEO of Phi Rho Sigma Medical Society?

Tracy Chen is the President of Phi Rho Sigma Medical Society.

What is the revenue of Phi Rho Sigma Medical Society?

Phi Rho Sigma Medical Society's revenue in 2022 was $148,008.

Who are the executives of Phi Rho Sigma Medical Society and what are their salaries?


Here are 6 key members and their salaries:


John Kammermeyer (Society Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Chen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Walton (Co-House Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brooke Byars (Co-House Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashray Mohan (Senior Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Riley Filister (Junior Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Phi Rho Sigma Medical Society?

Phi Rho Sigma Medical Society's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Phi Rho Sigma Medical Society

Phi Rho Sigma Medical Society, a nonprofit organization, serves as a shared living space in Iowa City for medical students attending the University of Iowa Carver College of Medicine. Its primary mission is to offer room and board, fostering a conducive environment for the free exchange of ideas among its residents. The society also invests in the local community, providing a platform for mentoring and support from more experienced medical professionals and students.

Beyond housing, Phi Rho Sigma Medical Society facilitates education by promoting an engaging and collaborative learning environment. It pays national membership dues for up to 23 students each year, ensuring that they have access to the resources and networking opportunities provided by the society. Additionally, the organization provides groceries for its residents, ensuring that they have the necessary sustenance to focus on their studies and well-being.

In essence, Phi Rho Sigma Medical Society strives to create a supportive and nurturing environment for medical students, fostering their intellectual growth and personal development through shared living, mentorship, and educational opportunities.

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Impact




October, 2024

Phi Rho Sigma Medical Society significantly enhances the educational and social experience of medical students at the University of Iowa Carver College of Medicine. By providing shared living quarters, it fosters a collaborative environment that encourages the free exchange of ideas among students. This unique setting not only facilitates educational discussions but also promotes community engagement and service.

The Society actively invests in the local community, enhancing students' experiences and encouraging them to give back. Additionally, it offers essential support through mentoring and guidance from experienced medical professionals, helping students navigate the challenges of their education and future careers.

Moreover, the Society alleviates some financial burdens by covering national membership dues and providing groceries, ensuring that students can focus more on their education and less on day-to-day living expenses. With the capacity to support up to 23 students each year, Phi Rho Sigma Medical Society plays a vital role in shaping the next generation of medical professionals, fostering both academic excellence and community involvement.




This information is meant to be a general summary of Phi Rho Sigma Medical Society. 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
$148,008 (2022)
Expenses
$148,370 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $147,808
  • Gross Receipts: $148,008

Assets and Liabilities:

  • Total Assets: $52,504
  • Total Liabilities: $0
  • Net Assets: $52,504

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Organization Details

Principal Officer

Tracy Chen

Main Address

117 FERSON AVE, IOWA CITY, IA, 522463505

NTEE Category

Code: B03 - Education

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