Phi Sigma Kappa is located in Furlong, PA. The organization was established in 1940. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Phi Sigma Kappa is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Phi Sigma Kappa generated $84.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $84.5k during the year ending 12/2022. While expenses have increased by 0.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED HOUSING AND LIVING FACILITY FOR 22 ENROLLED COLLEGE STUDENTS IN AN ON CAMPUS. FRATERNAL ORGANIZATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Edward S Giacobbe President | 8 | $0 | |
Kevin Mcdermott Treasurer | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $4,200 |
Total Program Service Revenue | $0 |
Membership dues | $80,325 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $84,525 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $80,325 |
Printing, publications, postage, and shipping | $4,200 |
Other expenses | $0 |
Total expenses | $84,525 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $4,142 |
Other assets | $0 |
Total assets | $95,820 |
Total liabilities | $0 |
Net assets or fund balances | $95,820 |
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Beta Psi House Corporation Of Delta Gamma Fraternity Columbus, OH | $8,243,959 | $1,563,984 |
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