Overview
What is Phi Alpha Psi?
Phi Alpha Psi is a nonprofit organization that holds title to property and generates income from it. Their primary mission is to provide affordable housing solutions for students enrolled at the University of Idaho in Moscow, Idaho. They channel the excess income gained from these properties to an organization recognized as tax-exempt under section 501 of the Internal Revenue Code. This philanthropic initiative aims to alleviate housing costs for university students, contributing to their overall educational experience.
Is Phi Alpha Psi legitimate?
Phi Alpha Psi is a legitimate nonprofit organization registered as a 501(c)(2) entity. Phi Alpha Psi 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 Alpha Psi?
Phi Alpha Psi's mission involves managing property and generating income from it. The excess income is then donated to a charitable organization that falls under section 501. The primary objective of this process is to provide affordable housing options for students studying at an unspecified university. This initiative aims to support the educational community by providing affordable living solutions.
Who is the CEO of Phi Alpha Psi?
William F Green is the President of Phi Alpha Psi.
What is the revenue of Phi Alpha Psi?
Phi Alpha Psi's revenue in 2022 was $109,005.
Who are the executives of Phi Alpha Psi and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990EZ for Phi Alpha Psi?
Phi Alpha Psi's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Phi Alpha Psi
Phi Alpha Psi, a nonprofit organization, holds the title to certain property and generates income from it. This income is then passed on to another organization that qualifies under section 501 of the tax code. The primary purpose of Phi Alpha Psi is to provide affordable housing solutions for students enrolled at the University of Idaho in Moscow, Idaho. By managing this property and its income, Phi Alpha Psi plays a crucial role in making higher education more accessible for students who may otherwise face financial constraints. This initiative not only supports the academic pursuits of these students but also contributes to the broader community by providing affordable housing options.
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Impact
October, 2024
Phi Alpha Psi significantly impacts the community by providing affordable housing solutions for students attending the University of Idaho in Moscow, Idaho. By holding title to property and managing the associated income, Phi Alpha Psi ensures that resources are effectively used to support students in need. This initiative not only alleviates financial burdens on students but also fosters a sense of community, allowing students to focus on their education without the stress of housing insecurity. Furthermore, the organization contributes to the overall improvement of the local community by investing excess income into initiatives that promote social welfare, enhancing the quality of life for all residents in the area.
This information is meant to be a general summary of Phi Alpha 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6
- Program Service Revenue: $108,099
- Gross Receipts: $109,005
Assets and Liabilities:
- Total Assets: $398,794
- Total Liabilities: $226,795
- Net Assets: $171,999
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Organization Details
Phone
(208) 335-4532Principal Officer
William F Green
Main Address
PO BOX 3501, MOSCOW, ID, 83843
NTEE Category
Code: S47 - Community improvement
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