Chi Psi Fraternity (Alpha Sigma Of Chi Psi)

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

EIN: 560548040 ✦ Chapel hill, NC ✦ Designated as a 501(c)(7)

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Overview

What is Chi Psi Fraternity (Alpha Sigma Of Chi Psi)?

Chi Psi Fraternity, specifically Alpha Sigma, is a nonprofit organization established in Chapel Hill, North Carolina. It provides housing and meals for its full-time student members, primarily from the University of North Carolina at Chapel Hill, to nurture a sense of community, brotherhood, and scholarly growth in a cost-effective, shared living environment. The fraternity's mission is to enrich its members' intellectual, moral, and social lives, as well as contribute to the betterment of their university and nation at large. Besides housing, the organization engages in philanthropic activities, provides leadership and learning opportunities, and hosts social events.


Official website here: www.chipsiunc.org

Is Chi Psi Fraternity (Alpha Sigma Of Chi Psi) legitimate?

Chi Psi Fraternity (Alpha Sigma Of Chi Psi) is a legitimate nonprofit organization registered as a 501(c)(7) entity. Chi Psi Fraternity (Alpha Sigma Of Chi Psi) 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.chipsiunc.org

What is the mission statement of Chi Psi Fraternity (Alpha Sigma Of Chi Psi)?

The mission of Chi Psi Fraternity (Alpha Sigma Of Chi Psi) is centered around three main objectives. Firstly, it aims to enhance the intellectual, moral, and social lives of its members. Secondly, the fraternity strives to foster brotherhood by encouraging personal growth and improvement. Lastly, the organization seeks to develop gentlemen in all aspects, embodying the true essence of the term. Their activities encompass providing housing and food for members, engaging in philanthropic endeavors, offering leadership and learning opportunities, and organizing social events.


Official website here: www.chipsiunc.org

Who is the CEO of Chi Psi Fraternity (Alpha Sigma Of Chi Psi)?

Luke Rheney is the Co-Lodge Manager of Chi Psi Fraternity (Alpha Sigma Of Chi Psi).


Official website here: www.chipsiunc.org

What is the revenue of Chi Psi Fraternity (Alpha Sigma Of Chi Psi)?

Chi Psi Fraternity (Alpha Sigma Of Chi Psi)'s revenue in 2023 was $748,676.


Official website here: www.chipsiunc.org

Who are the executives of Chi Psi Fraternity (Alpha Sigma Of Chi Psi) and what are their salaries?

There 104 volunteers at Chi Psi Fraternity (Alpha Sigma Of Chi Psi).


Here are 6 key members and their salaries:


Jack Vick (Co-Lodge Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Spiva (Co-Lodge Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marshall Landry (Kitchen Manager)
  • Compensation: $0
  • Related: $0
  • Other: $200
Joseph Woodruff (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Rheney (Treasurer (From Spring 23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Goldsmith (Treasurer (Thr Spring 23))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chipsiunc.org

Where can I find the form 990 for Chi Psi Fraternity (Alpha Sigma Of Chi Psi)?

Chi Psi Fraternity (Alpha Sigma Of Chi Psi)'s most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.chipsiunc.org

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

Mission Statement of Chi Psi Fraternity (Alpha Sigma Of Chi Psi)

Chi Psi Fraternity (Alpha Sigma Of Chi Psi) is committed to fostering brotherhood and personal growth among its members. This mission is achieved by encouraging self-improvement, university involvement, and national contribution. The fraternity strives to develop individuals into true gentlemen, promoting intellectual, moral, and social development.

In practice, Chi Psi Fraternity (Alpha Sigma Of Chi Psi) provides housing and food for many of its members, engaging in philanthropic activities, offering leadership and learning opportunities, and hosting social events. The organization's significant activities extend beyond the fraternity, providing its members with valuable experiences that contribute to their overall development.

By fostering brotherhood, Chi Psi Fraternity (Alpha Sigma Of Chi Psi) aims to improve its members as individuals, enhancing their university experiences and contributing positively to society. The fraternity's mission is to develop well-rounded, responsible, and compassionate gentlemen who can make a difference in their communities and the world at large.

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Impact




October, 2024

Chi Psi Fraternity (Alpha Sigma of Chi Psi) significantly impacts its members and the broader community through a commitment to fostering brotherhood and personal development. Located in Chapel Hill, North Carolina, the fraternity aims to enhance the intellectual, moral, and social lives of its members. By providing affordable room and board, it creates a communal environment that promotes camaraderie and academic excellence among its active members, all of whom are full-time students at the University of North Carolina at Chapel Hill.

The fraternity engages in various philanthropic activities that contribute positively to the community, emphasizing the importance of service and social responsibility. Through leadership and learning opportunities, both within the fraternity and beyond, members develop skills that prepare them for future success. The organization also hosts social events that strengthen bonds among its members, fostering a sense of belonging and support.

Overall, Chi Psi Fraternity plays a crucial role in shaping well-rounded individuals who are dedicated to bettering themselves, their university, and society at large, thereby cultivating true gentlemen in every sense of the word.




This information is meant to be a general summary of Chi Psi Fraternity (Alpha Sigma Of Chi Psi). 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
$748,676 (2023)
Expenses
$741,933 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $748,676
  • Gross Receipts: $748,676

Assets and Liabilities:

  • Total Assets: $10,497
  • Total Liabilities: $0
  • Net Assets: $10,497

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Programs

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

FRATERNITY MEMBER DUES

Revenue

$748,676

Organization Details

Founding Year

1928

Principal Officer

Luke Rheney

Main Address

321 WEST CAMERON AVENUE, CHAPEL HILL, NC, 27516

NTEE Category

Code: B83 - Education

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