Society Of Beta Sigma Psi National Fraternity
- Assets
- $172.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kihei, HI
- Founding
- 04/1945
- Data as of
- 06/2022
- EIN
- 47-6027267
Organization Overview
Society Of Beta Sigma Psi National Fraternity is located in Kihei, HI. The organization was established in 1945. 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. 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 06/2022, Society Of Beta Sigma Psi National Fraternity generated $189.1k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $102.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (12.7%) per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MOST SIGNIFICANT ACTIVITIES INCLUDE SEMINARS AND TALKS GIVEN TO EACH UNDERGRADUATE CHAPTER BY OUR LEADERSHIP CONSULTANT TO FACILITATE THE GROWTH OF OUR MEMBERS SPIRITUALLY, SCHOLASTICALLY, AND SOCIALLY; HOSTING ANNUAL CONFERENCES SUCH AS THE MEMBERSHIP EDUCATION FORUM, RECRUITMENT READINESS RETREAT, AND LEADERSHIP SUMMIT; PUBLISHING AND DISTRIBUTING OUR ANNUAL GOLD ROSE NEWSLETTER SHOWCASING THE ACHIEVEMENTS AND VOLUNTEER ACTIVITIES OF OUR UNDERGRADUATE CHAPTERS AND INFORMING ALUMNI CONCERNING THE STATE OF THE FRATERNITY.
Describe the Organization's Program Activity:
Part 3
SEMINARS AND TALKS GIVEN TO EACH UNDERGRADUATE CHAPTER BY OUR LEADERSHIP CONSULTANT TO FACILITATE THE GROWTH OF OUR MEMBERS SPIRITUALLY, SCHOLASTICALLY, AND SOCIALLY
NEWSLETTER SHOWCASING THE ACHIEVEMENTS AND VOLUNTEER ACTIVITIES OF OUR UNDERGRADUATE CHAPTERS AND INFORMING ALUMNI CONCERNING THE STATE OF THE FRATERNITY.
ANNUAL CONFERENCE HOSTING SESSIONS AIMED AT GROWING MEMBERS SPIRITUALLY, SCHOLASTICALLY, AND SOCIALLY, INCLUDING AN AWARDS BANQUET CELEBRATING UNDERGRADUATE CHAPTER AND MEMBER ACHIEVEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rudy Ristich President | 10 | $0 | |
Jay Holle Vice President | 10 | $0 | |
Christopher Ristich Secretary - Treasurer | 10 | $0 | |
Jacob Vanderslice Director - Marketing And Communications | 4 | $0 | |
Gary Raffety Director - Publications | 10 | $0 | |
Alex Trimpe Director - Recruitment And Website | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,500 |
| Total Program Service Revenue | $5,825 |
| Membership dues | $186,580 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $189,058 |
| 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 | $52,275 |
| Occupancy, rent, utilities, and maintenance | $1,200 |
| Printing, publications, postage, and shipping | $17,424 |
| Other expenses | $31,345 |
| Total expenses | $102,244 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,342 |
| Other assets | $0 |
| Total assets | $172,615 |
| Total liabilities | $62,721 |
| Net assets or fund balances | $109,894 |