Nonprofit · EIN 23-1500981
THE GRAND CHAPTER OF PHI SIGMA KAPPA
Tax-exempt · INDIANAPOLIS, IN 46240
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,202,535 | $2,324,412 | -$121,877 | $1,778,656 | $693,763 | $1,084,893 |
| June 30, 2024 | 990 | $2,494,964 | $2,937,030 | -$442,066 | $1,866,389 | $659,619 | $1,206,770 |
| June 30, 2023 | 990 | $2,415,659 | $2,354,765 | $60,894 | $2,300,163 | $675,977 | $1,624,186 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $951,503
- Membership dues
- $784,165
- Program service revenue
- $949,891
- Investment income
- $6,435
- Other revenue
- $294,706
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $136,280
- Salaries, compensation and benefits (total)
- $1,121,672
- Professional fundraising fees
- $0
- Legal fees
- $56,098
- Accounting fees
- $39,980
- Occupancy
- $88,243
- Travel
- $45,087
- Depreciation
- $23,179
Balance sheet and other
- Total assets, start of year
- $1,866,389
- Total assets, end of year
- $1,778,656
- Total liabilities, end of year
- $693,763
- Net assets, end of year
- $1,084,893
- Land, buildings and equipment
- $140,440
- Publicly traded securities
- $108,448
- Net assets without donor restrictions
- $1,084,893
- Gross unrelated business income
- $6,435
- Gross receipts
- $2,202,535
- Employees
- 19
- Volunteers
- 100
- Year formed
- 1959
- State of legal domicile
- IN
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Joseph Kern | Executive Dir. Trustee or director, Officer | 40 | $114,887 | $19,077 | $8,299 |
| David L Cohen | Grand President Trustee or director, Officer | 10 | $0 | $0 | $0 |
| Darald H Stubbs | Director Trustee or director | 10 | $0 | $0 | $0 |
| Matt Gregory | Director Trustee or director | 10 | $0 | $0 | $0 |
| Atif J Elkadi | Director Trustee or director | 10 | $0 | $0 | $0 |
| Brandon Paternoster | Director Trustee or director | 10 | $0 | $0 | $0 |
| Jacob Defassio | Director Trustee or director | 10 | $0 | $0 | $0 |
| Steve Chastain | Director Trustee or director | 10 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Joseph Kern | Executive Dir. Trustee or director, Officer | 40 | $114,999 | $26,849 |
| David L Cohen | Grand President Trustee or director, Officer | 10 | $0 | $0 |
| Darald H Stubbs | Director Trustee or director | 10 | $0 | $0 |
| David Gregory | Director Trustee or director | 10 | $0 | $0 |
| Atif J Elkadi | Director Trustee or director | 10 | $0 | $0 |
| Brandon Paternoster | Director Trustee or director | 10 | $0 | $0 |
| Jacob Defassio | Director Trustee or director | 10 | $0 | $0 |
| Steve Chastain | Director Trustee or director | 10 | $0 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Joseph Kern | Executive Dir. Trustee or director, Officer | 40 | $124,267 |
| David L Cohen | Grand President Trustee or director, Officer | 10 | $0 |
| Steve Allen Chastain Jr | Director Trustee or director | 10 | $0 |
| Jacob Nathaniel Robrt Defassio | Director Trustee or director | 10 | $0 |
| Brandon Paternoster | Director Trustee or director | 10 | $0 |
| Atif J Elkadi | Director Trustee or director | 10 | $0 |
| David Matthew Gregory | Director Trustee or director | 10 | $0 |
| Darald H Stubbs | Director Trustee or director | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 2925 E 96TH ST, INDIANAPOLIS, IN 46240-1368
- Signed the 990
- Joseph Kern, COO
- Phone
- (317) 573-5420
- Website
- WWW.PHISIGMAKAPPA.ORG
- Return prepared by
- Barnes Givens & Barnes Ltd
Mission
TO CULTIVATE FRATERNAL SPIRIT
Program accomplishments
- PROMOTE LEADERSHIP AND SCHOLASTIC ACHIEVEMENT, CHAPTER EDUCATION, EXPANSION & SUPPORT THROUGH SPECIAL EVENTS
- PUBLICATION OF QUARTERLY NEWSLETTER
- ADMINISTRATION OF NATIONAL LIABILITY PROGRAM FOR ALL PSK UNDERGRADUATES, ALUMNI CLUBS, AND VOLUNTEERS
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-1500981
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1940
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Group exemption
- 0258 (30 member organizations)
- Assets (IRS master file)
- $1,778,656
- Income (IRS master file)
- $2,202,535
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,202,535 | $2,324,412 | $1,778,656 | IRS |
| 990 | June 2024 | $2,494,964 | $2,937,030 | $1,866,389 | IRS |
| 990 | June 2023 | $2,415,659 | $2,354,765 | $2,300,163 | XML |
| 990 | June 2022 | $2,252,578 | $2,043,283 | $1,767,112 | IRS |
| 990 | June 2021 | – | – | – | 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 23-1500981).
Questions about THE GRAND CHAPTER OF PHI SIGMA KAPPA
- What is the EIN of THE GRAND CHAPTER OF PHI SIGMA KAPPA?
- The employer identification number (EIN) of THE GRAND CHAPTER OF PHI SIGMA KAPPA is 23-1500981.
- Is THE GRAND CHAPTER OF PHI SIGMA KAPPA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1940.
- Are donations to THE GRAND CHAPTER OF PHI SIGMA KAPPA tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does THE GRAND CHAPTER OF PHI SIGMA KAPPA 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 THE GRAND CHAPTER OF PHI SIGMA KAPPA due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE GRAND CHAPTER OF PHI SIGMA KAPPA last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of THE GRAND CHAPTER OF PHI SIGMA KAPPA?
- The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $114,887 (Joseph Kern, Executive Dir.).
- How much revenue does THE GRAND CHAPTER OF PHI SIGMA KAPPA have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,202,535, expenses of $2,324,412 and total assets of $1,778,656 at year end.
Organizations in its group exemption (30)
- PHI SIGMA KAPPA EIN 35-1818614 · BLOOMINGTON, IN · last filed 990 for 2025
- PHI SIGMA KAPPA EIN 95-1105120 · LOS ANGELES, CA · last filed 990 for 2026
- PHI SIGMA KAPPA EIN 04-6197951 · BOSTON, MA · last filed 990 for 2025
- PHI SIGMA KAPPA EIN 25-6094010 · DENVER, CO · last filed 990 for 2025
- PHI SIGMA KAPPA EIN 14-6030163 · TROY, NY · last filed 990-EZ for 2025
- PHI SIGMA KAPPA EIN 30-0290695 · TROY, NY · last filed 990 for 2025
- PHI SIGMA KAPPA EIN 31-1804534 · DAYTON, OH · last filed 990-N for 2025
- PHI SIGMA KAPPA EIN 41-0479442 · MINNEAPOLIS, MN · last filed 990-EZ for 2025
- PHI SIGMA KAPPA EIN 91-2053215 · NEPTUNE CITY, NJ · last filed 990 for 2024
- PHI SIGMA KAPPA EIN 22-2989747 · FURLONG, PA · last filed 990-EZ for 2025
- PHI SIGMA KAPPA EIN 94-3163661 · OAKLAND, CA · last filed 990 for 2025
- COLUMN CLUB INC EIN 91-2053338 · WILLIAMSBURG, VA · last filed 990-EZ for 2025
- PHI SIGMA KAPPA EIN 15-0537020 · ITHACA, NY · last filed 990 for 2026
- PHI SIGMA KAPPA EIN 63-0164120 · TUSCALOOSA, AL · last filed 990-EZ for 2025
- PHI SIGMA KAPPA EIN 23-7306224 · AKRON, OH · last filed 990-N for 2025
- PHI SIGMA KAPPA EIN 91-2053160 · PITTSBURGH, PA · last filed 990-N for 2025
- PHI SIGMA KAPPA EIN 46-1324842 · ROCHESTER, NY · last filed 990-N for 2025
- PHI SIGMA KAPPA EIN 91-2053307 · TUSCALOOSA, AL · last filed 990-N for 2023
- PHI SIGMA KAPPA EIN 23-7007756 · NEW BRUNSWICK, NJ · last filed 990-N for 2025
- PHI SIGMA KAPPA EIN 32-0295070 · AUBURN, AL · last filed 990-N for 2024
Other nonprofits in INDIANAPOLIS
- INDIANA UNIVERSITY HEALTH INC EIN 35-1955872 · last filed 990 for 2024
- LILLY ENDOWMENT INC EIN 35-0868122 · last filed 990-PF for 2025
- LILLY CARES FOUNDATION INC EIN 35-2027985 · last filed 990-PF for 2025
- RENAISSANCE CHARITABLE FOUNDATION INC EIN 35-2129262 · last filed 990 for 2024
- COMMUNITY HEALTH NETWORK INC EIN 35-0983617 · last filed 990 for 2024
- MDWISE MEDICAID NETWORK INC EIN 47-3192307 · last filed 990 for 2025
- MDWISE INC EIN 35-1931354 · last filed 990 for 2025
- NATIONAL COLLEGIATE ATHLETIC ASSOCIATION EIN 44-0567264 · last filed 990 for 2025