Niu Association Of Phi Kappa Psi
- Assets
- $68.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dekalb, IL
- Founding
- 01/1941
- Data as of
- 12/2021
- EIN
- 26-1230147
Organization Overview
Niu Association Of Phi Kappa Psi is located in Dekalb, 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 subordinate organization within an affiliated group for tax-exemption purposes. Niu Association Of Phi Kappa Psi 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, Niu Association Of Phi Kappa Psi generated $152.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $134.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 7 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 AFFORDABLE ROOM AND BOARD TO FRATERNITY MEMBERS ATTENDING NORTHERN ILLINOIS UNIVERSITY. FEES ARE BASED ON ESTIMATED COSTS TO PROVIDE ROOM AND BOARD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Leber President | Officer | 1 | $0 |
Jake Singletary Vice President/secretary | Officer | 1 | $0 |
Leonelo Castillo Treasurer/controller | Officer | 1 | $0 |
Joseph Stehlin Board Member | Trustee | 1 | $0 |
Kyle Bak Board Member | Trustee | 1 | $0 |
Alex Kruszewski Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $149,969 |
| Membership dues | $0 |
| Investment income | $2,725 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $152,694 |
| 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 | $4 |
| Occupancy, rent, utilities, and maintenance | $99,146 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,732 |
| Total expenses | $134,882 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,810 |
| Other assets | $0 |
| Total assets | $68,012 |
| Total liabilities | $5,532 |
| Net assets or fund balances | $62,480 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alpha Kappa Alpha Sorority Inc Chicago, IL | $52,441,632 | $51,516,125 |
Alpha Chi Omega Fraternity Inc Subordinate Group Return Indianapolis, IN | $14,649,947 | $40,155,392 |
Alpha Kappa Alpha Sorority Inc Chicago, IL | $69,493,289 | $32,008,594 |
Kappa Alpha Theta Fraternity Housing Corporation Indianapolis, IN | $75,225,984 | $20,546,319 |
Sigma Theta Tau International Inc Indianapolis, IN | $54,290,357 | $14,050,020 |
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 |