Overview
What is Psi Home Association?
The Psi Home Association is a nonprofit organization that serves as a residential and social hub for members of a socially-oriented, tax-exempt fraternity. It offers accommodation and meeting spaces for various social activities, thereby fostering a sense of community among its residents. The organization's primary purpose is to provide a conducive environment for fraternity members to live and interact, contributing to their overall fraternity experience.
Is Psi Home Association legitimate?
Psi Home Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. Psi Home Association 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: $32,068
For more financial information, click here
What is the mission statement of Psi Home Association?
The Psi Home Association serves as a residential facility and social hub for members of a tax-exempt fraternal organization. Its primary mission is to offer suitable living quarters and gathering spaces for social events. The association's objective is to support the fraternity members by providing a conducive environment for their fraternal activities. It is essential to note that the association's role is limited to housing and social event facilities, and it does not involve any other business activities. Although the association's mission is simple, it plays a significant role in fostering a sense of community and camaraderie within the fraternity.
Who is the CEO of Psi Home Association?
Robert Lewis is the President of Psi Home Association.
What is the revenue of Psi Home Association?
Psi Home Association's revenue in 2022 was $614,025.
Who are the executives of Psi Home Association and what are their salaries?
The average compensation at Psi Home Association during 2022 was $16,034. There are 2 employees at Psi Home Association.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Psi Home Association?
Psi Home Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Psi Home Association
Psi Home Association, a fraternity housing organization, is dedicated to serving the residential needs of members from a particular social tax-exempt fraternity. The association offers both living spaces and facilities for social gatherings within its premises. By providing these essential amenities, Psi Home Association fosters a sense of community among its residents, enabling them to engage in social activities within a secure and conducive environment.
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Impact
October, 2024
The Psi Home Association significantly contributes to the community by providing a dedicated space for fraternity members in Chapel Hill, NC. It offers essential facilities that serve not only as housing but also as meeting places for social activities, fostering camaraderie and collaboration among members. This environment supports personal development, academic success, and the cultivation of lifelong friendships. By creating a nurturing community space, the association enhances the overall collegiate experience for its members, reinforcing the values of unity and leadership integral to fraternity life. Furthermore, it promotes educational opportunities, as members engage in various activities that contribute to their personal and professional growth.
This information is meant to be a general summary of Psi Home Association. 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 2022.
- Gross Receipts: $614,025
Assets and Liabilities:
- Total Assets: $790,789
- Total Liabilities: $298,857
- Net Assets: $491,932
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Organization Details
Founding Year
1957
Phone
(919) 929-7070Principal Officer
Robert Lewis
Main Address
PO BOX 4633, CHAPEL HILL, NC, 27515
NTEE Category
Code: B83 - Education
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