Psi Upsilon Fraternity Omega-Alumni Corporation
- Assets
- $63.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 09/1945
- Data as of
- 06/2022
- EIN
- 36-6208096
Organization Overview
Psi Upsilon Fraternity Omega-Alumni Corporation is located in Chicago, IL. 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 subordinate organization within an affiliated group for tax-exemption purposes. Psi Upsilon Fraternity Omega-Alumni Corporation 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, Psi Upsilon Fraternity Omega-Alumni Corporation generated $198.2k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $203.3k during the year ending 06/2022. While expenses have increased by 22.4% per year over the past 2 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 |
|---|---|---|---|
Charles Werner Presid. & Treas | 3 | $0 | |
John Davey Director | 0 | $0 | |
Michael Kirschenheiter Director | 0 | $0 | |
Jonathan Morse Director | 0 | $0 | |
Adam Park Vice President | 0 | $0 | |
Eric Vasquez Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,435 |
| Total Program Service Revenue | $31,572 |
| Membership dues | $0 |
| Investment income | $146,172 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $198,179 |
| 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 | $18,128 |
| Occupancy, rent, utilities, and maintenance | $96,193 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $88,969 |
| Total expenses | $203,290 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,173 |
| Other assets | $0 |
| Total assets | $63,243 |
| Total liabilities | $12,085 |
| Net assets or fund balances | $51,158 |