Phi Epsilon Phi Corp

Organization Overview

Phi Epsilon Phi Corp is located in Norwich, CT. Phi Epsilon Phi Corp is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 06/2019, Phi Epsilon Phi Corp generated $32.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (20.5%) each year. All expenses for the organization totaled $35.9k during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (17.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

1. TO MAINTAIN AND CONDUCT A SOCIETY TO CULTIVATE FRATERNAL RELATIONS AMONG THE ALUMNI AND ACTIVE MEMBERS OF THE DELTA PSI CHAPTER, SIGMA CHI FRATERNITY, LOCATED AT RENSSELAER POLYTECHNIC INSTITUTE;2. TO ADVISE AND COOPERATE WITH THE ACTIVE CHAPTER IN ALL MATTERS PERTAINING TO THE WELFARE OF THE CHAPTER;3. TO ACT AS THE HOUSE CORPORATION FOR THE DELTA PSI CHAPTER AND, AS SUCH, TO BUY, OWN, HOLD, MANAGE, MAINTAIN, IMPROVE, LEASE, SELL, OR CONVEY SUCH REAL PROPERTY TO MEMBERS OF THE DELTA PSI CHAPTER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ADVISED AND COOPERATED WITH THE ACTIVE CHAPTER IN ALL MATTERS PERTAINING TO THE WELFARE OF THE CHAPTER.


MANAGED & LEASED REAL PROPERTY LOCATED AT 58 PINEWOODS AVE, TROY, NY TO MEMBERS OF THE DELTA PSI CHAPTER.


PROVIDED FUNDING TO FOUNDATION IN CONNECTION WITH FURTHERING EDUCATIONAL OPPORTUNITIES FOR THE STUDENTS OF RENSSELAER POLYTECHNIC INSTITUTE.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$32,623
Investment income $5
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $32,678

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