Nonprofit · EIN 42-0467540
PHI KAPPA PSI FRATERNITY
Also known as IOWA ALPHA CHAPTER
Tax-exempt · TUSCALOOSA, AL 35403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $710,015 | $686,022 | $23,993 | $151,556 | $12,500 | $139,056 |
| June 30, 2024 | 990 | $693,861 | $682,464 | $11,397 | $24,533 | $0 | $24,533 |
| June 30, 2023 | 990 | $645,386 | $666,253 | -$20,867 | $13,136 | $0 | $13,136 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $710,015
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $12,748
- Occupancy
- $238,141
Balance sheet and other
- Total assets, start of year
- $24,533
- Total assets, end of year
- $151,556
- Total liabilities, end of year
- $12,500
- Net assets, end of year
- $139,056
- Gross receipts
- $710,015
- Employees
- 0
- Volunteers
- 4
- Year formed
- 1867
- State of legal domicile
- IA
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 |
|---|---|---|---|
| JACK HARTLE | VICE PRESIDE Officer | – | $0 |
| TYLER MUNSON | TREASURER Officer | – | $0 |
| WILL NAOUR | TREASURER Officer | – | $0 |
| WARREN WELLS | PRESIDENT Officer | – | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COOPER CHAIFOS | VICE PRESIDE Officer | – | $0 |
| TYLER MUNSON | TREASURER Officer | – | $0 |
| WILL NAOUR | TREASURER Officer | – | $0 |
| WARREN WELLS | PRESIDENT Officer | – | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NOAH HAEGER | TREASURER Officer | – | $0 |
| HAYDEN HUNTLEY | VICE PRESIDE Officer | – | $0 |
| JOHN MATTSON | TREASURER Officer | – | $0 |
| MAX SIMMONS | PRESIDENT Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1880, TUSCALOOSA, AL 35403-1880
- Principal officer (990 for 2024)
- TYLER MUNSON, PO BOX 1880, TUSCALOOSA, AL 35403
- Signed the 990
- TYLER MUNSON, TREASURER
- Phone
- (800) 276-6342
- Website
- WWW.IOWAALPHA.ORG
- Return prepared by
- GREEK RESOURCE SERVICES LLC
Mission
THE PHI KAPPA PSI FRATERNITY ENGAGES MEN OF INTEGRITY, FURTHER DEVELOPS THEIR INTELLECT AND ENHANCES COMMUNITY INVOLVEMENT. WITH A LEGACY BUILT ON ACCEPTANCE AND TRUST, EACH BROTHER REALIZES HIS HIGHEST POTENTIAL THROUGH A LIFELONG EXPERIENCE OF SERVICE AND EXCELLENCE.
Program accomplishments
- PROVIDED MEALS, HOUSING AND SOCIAL PROGRAMS FOR THE LOCAL SOCIAL FRATERNITY MEMBERS.
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
- 42-0467540
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1941
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Group exemption
- 0301: PHI KAPPA PSI FRATERNITY
- Assets (IRS master file)
- $151,556
- Income (IRS master file)
- $710,015
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $710,015 | $686,022 | $151,556 | XML |
| 990 | June 2024 | $693,861 | $682,464 | $24,533 | IRS |
| 990 | June 2023 | $645,386 | $666,253 | $13,136 | XML |
| 990 | June 2022 | $559,653 | $570,663 | $34,003 | IRS |
| 990 | June 2021 | $453,881 | $438,184 | $45,013 | IRS |
| 990 | June 2020 | – | – | – | 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 42-0467540).
Questions about PHI KAPPA PSI FRATERNITY
- What is the EIN of PHI KAPPA PSI FRATERNITY?
- The employer identification number (EIN) of PHI KAPPA PSI FRATERNITY is 42-0467540.
- Is PHI KAPPA PSI FRATERNITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1941.
- Are donations to PHI KAPPA PSI FRATERNITY tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PHI KAPPA PSI FRATERNITY 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 PHI KAPPA PSI FRATERNITY 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 PHI KAPPA PSI FRATERNITY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PHI KAPPA PSI FRATERNITY?
- The 990 for the year ended June 30, 2025 names TYLER MUNSON.
- Who are the officers and directors of PHI KAPPA PSI FRATERNITY?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does PHI KAPPA PSI FRATERNITY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $710,015, expenses of $686,022 and total assets of $151,556 at year end.
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