Xi Psi Phi Fraternity
- Assets
- $217.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Alton, IL
- Founding
- 02/1941
- Data as of
- 11/2021
- EIN
- 43-0632420
Organization Overview
Xi Psi Phi Fraternity is located in East Alton, IL. The organization was established in 1941. 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 parent organization of an affiliated group for tax-exemption purposes. Xi Psi Phi Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 11/2021, Xi Psi Phi Fraternity generated $70.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $49.1k during the year ending 11/2021. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE ACADEMIC SCHOLARSHIPS AND LOANS TO DENTAL STUDENTS; DISSEMINATE LITERATURE TO MEMBERS TO FOSTER ADVANCEMENT IN PROFESSIONAL GOALS; PUBLISH QUARTERLY MAGAZINE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith W Dickey Supr Sec/treasurer | 30 | $18,000 | |
Matthew A Niewald Prov. Ii Chair | 0 | $0 | |
Randy A Parmlee Stud. Loan Trustee | 0 | $0 | |
Andrea Carvalho Supreme Vice President | 0 | $0 | |
J Stansill Covington Prov. Iv Chair | 0 | $0 | |
Randy Gurrola Foundation Chair | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,150 |
| Total Program Service Revenue | $0 |
| Membership dues | $45,253 |
| Investment income | $5,479 |
| Gain or Loss | $4,650 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $466 |
| Total Revenue | $70,076 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,000 |
| Professional fees and other payments to independent contractors | $2,500 |
| Occupancy, rent, utilities, and maintenance | $1,000 |
| Printing, publications, postage, and shipping | $6,151 |
| Other expenses | $21,477 |
| Total expenses | $49,128 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $215,404 |
| Other assets | $0 |
| Total assets | $217,364 |
| Total liabilities | $456 |
| Net assets or fund balances | $216,908 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alpha Xi Delta Fraternity Indianapolis, IN | $11,173,738 | $8,227,558 |
Alpha Phi International Fraternity Inc Chicago, IL | $56,554,412 | $12,398,073 |
Esponda Associates Inc Indianapolis, IN | $35,625,730 | $7,839,159 |
Pi Beta Phi Fraternity Town Country, MO | $45,635,121 | $9,219,516 |
Alpha Gamma Delta Fraternity Indianapolis, IN | $13,038,202 | $5,499,858 |
Alpha Chi Omega Foundation Inc Indianapolis, IN | $28,935,274 | $7,451,164 |
Alpha Phi Foundation Inc Park Ridge, IL | $26,651,155 | $5,758,361 |
Sigma Tau Gamma Fraternity Indianapolis, IN | $5,058,507 | $3,953,336 |
Educational Foundation Of Alpha Gamma Rho Kansas City, MO | $16,072,489 | $5,767,840 |
Delta Tau Delta Educational Foundation Inc Fishers, IN | $27,163,598 | $7,019,094 |
Alpha Phi International Fraternity Inc Chicago, IL | $421,200 | $3,656,233 |
Pi Beta Phi Fraterntiy Town Country, MO | $1,016,424 | $3,235,102 |