Rho Chapter Phi Kappa Sigma Fraternity is located in Chicago, IL. The organization was established in 1999. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rho Chapter Phi Kappa Sigma Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2024, Rho Chapter Phi Kappa Sigma Fraternity generated $14.1k in total revenue. All expenses for the organization totaled $12.4k during the year ending 06/2024.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
FUNDRAISING - SEEKING FUNDS FROM ITS MEMBERS ALLOWS THE ORGANIZATION TO FINANCE SOCIAL EVENTS THAT ALLOW MEMBERS TO RECONNECT AND SHARE STORIES FROM THEIR TIME AS COLLEGE STUDENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Dimaggio President | 4 | $0 | |
Robert Whelan Director | 1 | $0 | |
Brian Bagan Director | 1 | $0 | |
David Taylor Director | 2 | $0 | |
Dennis Walter Treasurer | 3 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,572 |
| Other Revenue | $0 |
| Total Revenue | $14,072 |
| 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 | $10,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,876 |
| Other expenses | $520 |
| Total expenses | $12,396 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,021 |
| Other assets | $0 |
| Total assets | $9,021 |
| Total liabilities | $856 |
| Net assets or fund balances | $8,165 |