Nonprofit · EIN 56-0548040
CHI PSI FRATERNITY
Also known as ALPHA SIGMA, Alpha Sigma of Chi Psi
Tax-exempt (reinstated) · CHAPEL HILL, NC 27516
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $752,103 | $730,253 | $21,850 | $28,430 | $0 | $28,430 |
| June 30, 2024 | 990 | $739,576 | $743,493 | -$3,917 | $6,580 | $0 | $6,580 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $15,248
- Program service revenue
- $736,855
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $18,381
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $4,790
- Occupancy
- $257,920
Balance sheet and other
- Total assets, start of year
- $6,580
- Total assets, end of year
- $28,430
- Total liabilities, end of year
- $0
- Net assets, end of year
- $28,430
- Net assets without donor restrictions
- $28,430
- Gross receipts
- $752,103
- Employees
- 0
- Volunteers
- 100
- Year formed
- 1928
- State of legal domicile
- NC
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 |
|---|---|---|---|
| CAMDEN DINKENOR | CO-LODGE MANAGER & PRESIDENT Trustee or director, Officer | 5 | $0 |
| BEAU BENNETT | TREASURER (FROM SPRING 25) Trustee or director, Officer | 1 | $0 |
| WALKER HUFF | TREASURER (THR SPRING 25) Trustee or director, Officer | 1 | $0 |
| PREECE SMITH | CO-LODGE MANAGER Trustee or director | 5 | $0 |
| JACKSON STINSON | KITCHEN MANAGER Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BLAKE WANDERSEE | KITCHEN MANAGER Trustee or director | 5 | $0 | $225 |
| WALKER HUFF | TREASURER (FROM SPRING 24) Trustee or director, Officer | 1 | $0 | $75 |
| CAMDEN DINKENOR | CO-LODGE MANAGER Trustee or director | 5 | $0 | $0 |
| LUKE RHENEY | TREASURER (THR SPRING 24) Trustee or director, Officer | 1 | $0 | $0 |
| JAKE SPIVA | CO-LODGE MANAGER Trustee or director | 5 | $0 | $0 |
| JT TYGART | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 321 W CAMERON AVE, CHAPEL HILL, NC 27516-2705
- Mailing address (990-N for 2010)
- 321 W Cameron Ave, Chapel Hill NC 27516
- Principal officer (990 for 2024)
- JOSS GOWAR, 321 WEST CAMERON AVENUE, CHAPEL HILL, NC 27516
- Principal officer (990-N for 2010)
- William Overton, 321 W Cameron Ave, Chapel Hill NC 27516
- Signed the 990
- BEAU BENNETT, TREASURER
- Phone
- (919) 968-9062
- Website
- WWW.CHIPSIUNC.ORG
- Return prepared by
- BLACKMAN & SLOOP ADVISORS INC
Mission
TO ADVANCE THE INTELLECTUAL, MORAL, AND SOCIAL LIVES OF ITS MEMBERS; TO FOSTER BROTHERHOOD BY BETTERING OURSELVES, OUR UNIVERSITY, AND OUR NATION; AND TO DEVELOP TRUE GENTLEMEN IN EVERY SENSE OF THE WORD. THE ORGANIZATIONS SIGNIFICANT ACTIVITIES INVOLVE PROVIDING HOUSING AND FOOD FOR MANY OF OUR MEMBERS, ENGAGING IN PHILANTHROPIC ACTIVITIES, PROVIDING MEMBERS WITH LEADERSHIP AND LEARNING OPPORTUNITIES (WITHIN AND OUTSIDE THE FRATERNITY) AND HOLDING SOCIAL EVENTS.
Program accomplishments
- PROVISION OF ROOM AND BOARD TO THE ORGANIZATION'S ACTIVE MEMBERS. ALL CURRENT OR "ACTIVE" MEMBERS OF THE ORGANIZATION ARE FULL-TIME STUDENTS AT THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL. BOARDING IS PROVIDED IN ORDER TO FOSTER COMMUNITY, BROTHERHOOD, AND SCHOLARSHIP IN AN AFFORDABLE, COMMUNAL SETTING FOR THE MEMBERS.
- PROVISION OF MEALS TO ORGANIZATION MEMBERS. COMMUNAL MEALS ARE PROVIDED IN ORDER TO FOSTER BROTHERHOOD AND FRATERNITY.
- PARTICIPATION IN ACTIVITIES FOCUSED ON COMMUNITY INVOLVEMENT AND IMPROVEMENT. EXAMPLES INCLUDE PROVIDING PHYSICAL VOLUNTEERS IN THE FORM OF THE MEMBERS, BUT ALSO HOLDING PHILANTHROPIC EVENTS THAT ALLOW MEMBERS TO RAISE MONEY FOR CHARITIES. PARTICIPATION IS FREQUENTLY RELATED TO EVENTS HELD BY THE CHARITIES FOR WHICH THE ORGANIZATION RAISES MONEY.
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
- 56-0548040
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1947
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Group exemption
- 0986: CHI PSI FRATERNITY
- Assets (IRS master file)
- $28,430
- Income (IRS master file)
- $752,103
Revocation and reinstatement
- Exemption revoked
- November 15, 2014
- Posted by the IRS
- March 9, 2015
- Reinstated
- Effective November 15, 2014
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $752,103 | $730,253 | $28,430 | XML |
| 990 | June 2024 | $739,576 | $743,493 | $6,580 | XML |
| 990 | June 2023 | $748,676 | $741,933 | $10,497 | IRS |
| 990 | June 2022 | $557,095 | $571,436 | $3,749 | IRS |
| 990 | June 2021 | $328,529 | $342,899 | $18,090 | IRS |
| 990-N for 2010 Officer: William Overton | June 30, 2011 | ≤ $50,000 receipts | – | – | e-Postcard |
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 56-0548040).
Questions about CHI PSI FRATERNITY
- What is the EIN of CHI PSI FRATERNITY?
- The employer identification number (EIN) of CHI PSI FRATERNITY is 56-0548040.
- Is CHI PSI FRATERNITY tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2014 and reinstated it effective November 15, 2014.
- Are donations to CHI PSI FRATERNITY tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CHI 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 CHI 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 CHI 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 CHI PSI FRATERNITY?
- The 990 for the year ended June 30, 2025 names JOSS GOWAR.
- Who are the officers and directors of CHI PSI FRATERNITY?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does CHI PSI FRATERNITY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $752,103, expenses of $730,253 and total assets of $28,430 at year end.
Other nonprofits in CHAPEL HILL
- EDUCATIONAL FOUNDATION INC EIN 56-6058412 · last filed 990 for 2025
- PIEDMONT HEALTH SERVICES INC EIN 56-0952737 · last filed 990 for 2024
- BILL & PEGGY BRITT FOUNDATION INC EIN 88-1729194 · last filed 990-PF for 2025
- UNC HEALTH FOUNDATION INC EIN 56-6057494 · last filed 990 for 2025
- KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION EIN 56-0771850 · last filed 990 for 2025
- IPAS EIN 56-1071085 · last filed 990 for 2025
- CAROLINA MEADOWS INC EIN 56-1380014 · last filed 990 for 2024
- WILLIAM R KENAN JR CHARITABLE TRUST EIN 13-6192029 · last filed 990-PF for 2025