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Nonprofit · EIN 23-1434852

KAPPA PSI PHARMACEUTICAL FRATERNITY INC

Also known as KAPPA PSI

Tax-exempt · BLOOMINGTON, MN 55431

Financials

$402K$466K2023$737K$661K2024
Revenue Expenses · by fiscal year end
Financials of KAPPA PSI PHARMACEUTICAL FRATERNITY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$736,688$660,929$75,759$767,618$29,279$738,339
December 31, 2023990$401,758$466,034-$64,276$676,023$13,443$662,580
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$726,666
Program service revenue
$0
Investment income
$3,361
Royalties
$6,270
Net income from sales of inventory
$391
Other revenue
$6,661

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$38,269
Other salaries and wages
$53,980
Salaries, compensation and benefits (total)
$100,823
Professional fundraising fees
$0
Legal fees
$11,210
Accounting fees
$7,207
Travel
$12,637
Program services (functional)
$500,454
Management and general (functional)
$122,206

Balance sheet and other

Total assets, start of year
$676,023
Total assets, end of year
$767,618
Total liabilities, end of year
$29,279
Net assets, end of year
$738,339
Net assets without donor restrictions
$738,339
Gross unrelated business income
$6,270
Gross receipts
$769,570
Employees
5
Year formed
1904
State of legal domicile
DE

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Christina AskewExecutive Dir.
Officer
40$38,269
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
Christina AskewExecutive Dir.
Officer
40$0

Address and contacts

Address (IRS master file)
8100 PENN AVE S STE 189, BLOOMINGTON, MN 55431-1334
In care of
% CHRISTOPHER VAN VESSEM
Mailing address (990-N for 2021)
7 greenhouse rd, kingston RI 02881
Principal officer (990 for 2024)
Christina Askew, 8100 Penn Ave S 189, Bloomimgton, MN 55431
Signed the 990
Christina Askew, Executive Dir.
Phone
(952) 255-6974
Return prepared by
CARTER GROUP TAX SERVICE

Mission

To provide educational opportunities to Pharmacy students and alumni.

990 for the year ended December 31, 2024

Program accomplishments

  • Furnishes conventions, conferences and quartely professional publications to more than 45,000 pharmaceutical students.
    Expenses $500,454 · revenue $509,265

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-1434852
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1943
Accounting year ends
December
Files
Form 990 or 990-EZ
Group exemption
1625 (155 member organizations)
Assets (IRS master file)
$767,618
Income (IRS master file)
$769,570

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$736,688$660,929$767,618XML
990December 2023$401,758$466,034$676,023XML
990December 2022$630,820$724,876$709,129IRS
990-N for 2021December 31, 2021≤ $50,000 receipts––e-Postcard
990December 2021$485,302$343,149$800,161IRS
990-N for 2020
Officer: Madison Rauser
December 31, 2020≤ $50,000 receipts––e-Postcard
990December 2020–––IRS
990-N for 2019
Officer: William Clemens
December 31, 2019≤ $50,000 receipts––e-Postcard
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 23-1434852).

Questions about KAPPA PSI PHARMACEUTICAL FRATERNITY INC

What is the EIN of KAPPA PSI PHARMACEUTICAL FRATERNITY INC?
The employer identification number (EIN) of KAPPA PSI PHARMACEUTICAL FRATERNITY INC is 23-1434852.
Is KAPPA PSI PHARMACEUTICAL FRATERNITY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1943.
Are donations to KAPPA PSI PHARMACEUTICAL FRATERNITY INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does KAPPA PSI PHARMACEUTICAL FRATERNITY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KAPPA PSI PHARMACEUTICAL 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 KAPPA PSI PHARMACEUTICAL FRATERNITY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of KAPPA PSI PHARMACEUTICAL FRATERNITY INC?
The 990 for the year ended December 31, 2024 names Christina Askew.
Who are the officers and directors of KAPPA PSI PHARMACEUTICAL FRATERNITY INC?
The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $38,269 (Christina Askew, Executive Dir.).
How much revenue does KAPPA PSI PHARMACEUTICAL FRATERNITY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $736,688, expenses of $660,929 and total assets of $767,618 at year end.

Organizations in its group exemption (155)

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