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Nonprofit · EIN 05-0423705

CHI PHI FRATERNITY INC

Also known as CHI PHI HOLDING CORP OF RI INC

Tax-exempt · N PROVIDENCE, RI 02911

Financials

$68K$1.2M2023$18K$121K2024
Revenue Expenses · by fiscal year end
Financials of CHI PHI FRATERNITY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$18,086$121,015-$102,929$46,175–$46,175
December 31, 2023990$68,123$1,207,927-$1,139,804$149,104$0$149,104
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$12
Program service revenue
$13,327
Investment income
$4,747

Expenses

Grants and similar amounts paid
$100,000
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$21,015

Balance sheet and other

Total assets, start of year
$149,104
Total assets, end of year
$46,175
Total liabilities, end of year
–
Net assets, end of year
$46,175
Cash, savings and investments
$46,175
Gross receipts
$18,086

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DOUGLAS BENNETTREASURER0$0
KEVIN BARRYPRESIDENT0$0
WILLIAM BROMBERGVICE PRESIDE0$0
MARIO GUTIERREZSECRETARY0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
DOUGLAS BENNETTREASURER
Officer
–$0
KEVIN BARRYPRESIDENT
Officer
–$0
WILLIAM BROMBERGVICE PRESIDE
Officer
–$0
MARIO GUTIERREZSECRETARY
Officer
–$0

Address and contacts

Address (IRS master file)
7 REDWOOD DR, N PROVIDENCE, RI 02911-3415
Signed the 990-EZ
DOUGLAS BENNET, TREASURER
Phone
(401) 351-3522
Return prepared by
DANIEL J RUBIANO CPA AND COMPANY INC

Mission

TO PROVIDE FRATERNITY HOUSE FOR THE BENEFIT OF UNDERGRADUATE MEMBERS OF THE CHI PHI FRATERNITY AT THE UNIVERSITY OF RHODE ISLAND. AS OF 12/31/24 THE CORPORARTION DISSOLVED. THE FINAL DISTRIBUTION WILL BE MADE IN 2025.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • PROVIDING A COLLEGE FRATERNITY HOUSE ON THE CAMPUS OF URI. THE CHI PHI FRATERNITY OF URI WAS SUSPENDED FROM CAMPUS AT THE END OF 2015 AND HAS NOT RETURNED. SINCE THE FRATERNIITY IS NOT CURRENTLY AT URI, THE CHI PHI HOLDING CORPORATION DONATED ANOTHER 100,000 TO THE URI FOUNDATION AND ALUMNI ENGAGEMENT TO BE USED TO FUND SCHOLARSHIPS TO ATTEND THE UNIVERSITY OF RHODE ISLAND FOR THE BENEFIT OF FURURE STUDENTS IN THE CHI PHI FRATERNITY AT URI AND DESCENDANTS OF BROTHERS OF THE CHI PHI FRATERNITY AT URI.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
05-0423705
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1972
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$46,175
Income (IRS master file)
$18,086

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$18,086$121,015$46,175XML
990December 2023$68,123$1,207,927$149,104XML
990December 2022$28,750$22$1,288,908IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 05-0423705).

Questions about CHI PHI FRATERNITY INC

What is the EIN of CHI PHI FRATERNITY INC?
The employer identification number (EIN) of CHI PHI FRATERNITY INC is 05-0423705.
Is CHI PHI FRATERNITY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1972.
Are donations to CHI PHI FRATERNITY INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CHI PHI FRATERNITY INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of CHI PHI FRATERNITY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHI PHI FRATERNITY INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of CHI PHI FRATERNITY INC?
The 990-EZ for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does CHI PHI FRATERNITY INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $18,086, expenses of $121,015 and total assets of $46,175 at year end.

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