Chi Phi Fraternity Inc
- Assets
- $248.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Latrobe, PA
- Founding
- 05/1972
- Data as of
- 06/2024
- EIN
- 58-1804014
Organization Overview
Chi Phi Fraternity Inc is located in Latrobe, PA. The organization was established in 1972. 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. Chi Phi Fraternity Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2024, Chi Phi Fraternity Inc generated $78.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $84.3k during the year ending 06/2024. While expenses have increased by 5.9% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Frank Board Of Directors | 1 | $0 | |
Joel King Board Of Directors | 10 | $0 | |
Jerry Wolfgang Board Of Directors | 10 | $0 | |
Dennis Xander Board Of Directors | 1 | $0 | |
Michael Ripley Board Of Directors | 10 | $0 | |
James Okonak Board Of Directors | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,655 |
| Total Program Service Revenue | $0 |
| Membership dues | $67,572 |
| Investment income | $84 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,311 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $84,348 |
| Total expenses | $84,348 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $173,628 |
| Other assets | $0 |
| Total assets | $248,628 |
| Total liabilities | $0 |
| Net assets or fund balances | $248,628 |