Society Of Beta Sigma Psi National Fraternity

Organization Overview

Society Of Beta Sigma Psi National Fraternity is located in Lees Summit, MO. The organization was established in 1966. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Society Of Beta Sigma Psi National Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 12/2021, Society Of Beta Sigma Psi National Fraternity generated $457.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $311.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MAINTAIN AND SUPPLY HOUSING FOR A SOCIAL FRATERNITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

MAINTAIN AND SUPPLLY HOUSING FOR A SOCIAL FRATERNITY WITH APPROXIMATELY 20 MEMBERS IN HOUSE


MAINTAIN AND ADMINISTER REVENUE FROM BACK APARTMENTS FOR BENEFIT OF SOCIAL FRATERNITY


ADMINISTER NEWSLETTER FOR SOCIAL FRATERNITY


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Board, Officers & Key Employees

Name (title)Compensation
Steve Piedimonte
Treasurer
$0
Tim Weinstock
President
$0
Tony Zehnle
Property Manager
$0

Financial Statements

Statement of Revenue
Federated campaigns$404,309
Membership dues$1,250
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$405,559
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $51,650
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 $457,209

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