2024-04-08T15:00:16-05:00 2023-05-31 273858252 DEAN DORTON ALLEN FORD PLLC 5975 CASTLE CREEK PARKWAY N DR STE 400 INDIANAPOLIS IN 46250 990 2022-06-01 131496630 ZETA PSI FRATERNITY INC ZETA 8457351847 15 SOUTH HENRY STREET PEARL RIVER NY 10965 TYLER BOISVERT EXECUTIVE DIRECTOR 8457351847 2024-03-08 1 TYLER BOISVERT XXX-XX-XXXX 0 BRYAN PAUTSCH P00034913 3174690169 2024-04-04 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z TYLER BOISVERT 15 SOUTH HENRY STREET PEARL RIVER NY 10965 1114720 0 X N/A X 1966 NY ZETA PSI FRATERNITY, INC. IS A NOT FOR PROFIT CORPORATION, FOUNDED IN 1847, AND INCORPORATED IN 1966. THE FRATERNITY IS GOVERNED BY A VOLUNTEER EXECUTIVE COMMITTEE WHOSE MISSION IS TO PROVIDE SUPPORT FOR FRATERNITY CHAPTERS AND MEMBERS. AS OF THIS YEAR END, THERE ARE APPROXIMATELY 2,000 UNDERGRADUATE MEMBERS AND 25,000 ALUMNI MEMBERS. THERE ARE CURRENTLY 52 ACTIVE UNDERGRADUATE CHAPTERS, IN SIX COUNTRIES, ON TWO CONTINENTS. 12 12 8 800 19507 0 104452 235485 705208 860585 19776 12984 14775 -5193 844211 1103861 47100 35978 0 0 235607 292359 0 0 0 804504 955825 1087211 1284162 -243000 -180301 650645 681595 624147 851565 26498 -169970 X ZETA PSI FRATERNITY, INC. IS A NOT FOR PROFIT CORPORATION, FOUNDED IN 1847, AND INCORPORATED IN 1966. THE FRATERNITY IS GOVERNED BY A VOLUNTEER EXECUTIVE COMMITTEE WHOSE MISSION IS TO PROVIDE SUPPORT FOR FRATERNITY CHAPTERS AND MEMBERS. AS OF THIS YEAR END, THERE ARE APPROXIMATELY 2,000 UNDERGRADUATE MEMBERS AND 25,000 ALUMNI MEMBERS. THERE ARE CURRENTLY 52 ACTIVE UNDERAGRADUATE CHAPTERS, IN SIX COUNTRIES, ON TWO CONTINENTS. 0 0 THE FRATERNITY IS GOVERNED BY A VOLUNTEER EXECUTIVE COMMITTEE WHOSE MISSION IS TO PROVIDE SUPPORT FOR FRATERNITY CHAPTERS AND MEMBERS. 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 8 1 1 1 1 CA 0 0 1 1 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 0 1 1 0 X M LAUCK WALTON 8457351847 15 SOUTH HENRY STREET PEARL RIVER NY 10965 WILL WOLDENBERG PRESIDENT 1.00 X X 0 0 0 JAMES DONALD VICE PRESIDENT 3.00 X X 0 0 0 ROBERT EDGMON SECRETARY 3.00 X X 0 0 0 DYLAN THOMAS TREASURER 3.00 X X 0 0 0 ALEX SHARIF CORRESPONDING SECRETARY 1.00 X X 0 0 0 JARED SUNSHINE HISTORIAN 1.00 X X 0 0 0 ALAN PHIPPS SEARGANT AT ARMS 1.00 X X 0 0 0 CONOR BENNETT MEMBER AT LARGE 1.00 X X 0 0 0 EVAN DOYLE MEMBER AT LARGE 1.00 X X 0 0 0 PETER WIJNBERGEN MEMBER AT LARGE 1.00 X X 0 0 0 RON CASS MEMBER AT LARGE 1.00 X X 0 0 0 KEVIN CANAVAN MEMBER AT LARGE 1.00 X 0 0 0 M LAUCK WALTON EXECUTIVE DIRECTOR EMERITU 40.00 X 114845 0 0 TYLER BIOSVERT EXECUTIVE DIRECTOR 40.00 X 95264 0 0 210109 0 0 1 0 0 0 0 235485 235485 FEES FROM CHAPTERS 611710 397150 397150 LIABILITY INSURANCE 611710 264191 264191 CONVENTION INCOME 611710 199244 199244 860585 5709 5709 6523 6523 7275 0 7275 7275 7275 10859 -10859 -10859 EVENT REVENUE 900099 72 72 CURRENCY EXCHANGE 900099 -929 -929 -857 1103861 849798 19507 -929 35978 248537 16357 27465 21637 38657 14563 135006 22000 37311 196760 24957 7378 12978 LIABILITY INSURANCE PRO 202202 EDUCATIONAL PROGRAMS 60000 BAD DEBT EXPENSE 56525 CHAPTER DEVELOPMENT 35872 89979 1284162 38625 23002 91410 56467 92584 212854 232402 16176 6993 27480 17022 9500 9500 950 0 256722 253125 6428 0 650645 681595 45346 41857 147213 81804 431588 727904 624147 851565 X -133159 -406750 159657 236780 26498 -169970 650645 681595 -180301 -15502 -665 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9500 9500 0 0 PAYABLES 21147 DUE TO ZETA PHI EDUCATION FOUNDATOIN 706757 727904 X 1087242 -15502 -15502 1102744 665 452 1117 1103861 1283710 0 1283710 452 452 1284162 PART X, LINE 2: ZETA PSI FRATERNITY, INC. IS A NEW YORK NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME PURSUANT TO THE INTERNAL REVENUE CODE. THE FRATERNITY HAS ADOPTED THE PROVISIONS OF THE ACCOUNTING PRONOUNCEMENT RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE FRATERNITY RECOGNIZED NO INTEREST OR PENALTIES IN THE STATEMENTS OF ACTIVITIES FOR EITHER OF THE YEARS ENDED MAY 31, 2023 AND 2022. IF THE SITUATION AROSE IN WHICH THE FRATERNITY WOULD HAVE INTEREST TO RECOGNIZE, IT WOULD RECOGNIZE THIS AS INTEREST EXPENSE AND PENALTIES WOULD BE RECOGNIZED IN OTHER EXPENSES. CURRENTLY, THE PRIOR THREE YEARS ARE OPEN UNDER FEDERAL AND STATE STATUTES OF LIMITATIONS AND REMAIN SUBJECT TO REVIEW AND CHANGE. THE FRATERNITY IS NOT CURRENTLY UNDER AUDIT NOR HAS THE FRATERNITY BEEN CONTACTED BY THESE JURISDICTIONS. BASED ON THE EVALUATION OF THE FRATERNITY'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR EITHER OF THE YEARS ENDED MAY 31, 2023 AND 2022. PART XI, LINE 4B - OTHER ADJUSTMENTS: NEGATIVE MISCELLANEOUS REVENUE MOVED TO PART IX OF FORM 990 452. PART XII, LINE 4B - OTHER ADJUSTMENTS: NEGATIVE MISCELLANEOUS REVENUE MOVED TO PART IX OF FORM 990 452. 1 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES 12 CHAPTERS LOCATED IN CANADA EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES 1 CHAPTER IN UNITED KINGDOM; 1 CHAPTER IN IRELAND; 1 CHAPTER IN FRANCE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION MONITORS GRANT FUNDS TO ENSURE THE FUNDS ARE SPENT FOR ITS INTENDED PURPOSES. PART III ACCOUNTING METHOD: 1 ZP NUTMEG ASSOCIATES INC PO BOX 1170 PEARL RIVER NY 10965 311472442 501(C)(7) 35978 0 REPAIRS ON THE CHAPTER HOUSE FOR THE ETA CHAPTER 1 PART I, LINE 2: THE ORGANIZATION MONITORS/FOLLOWS UP TO ENSURE THE GRANT ARE USED FOR ITS INTENDED PURPOSES. FORM 990, PART VI, SECTION B, LINE 11B RETURN IS SENT TO THE EXECUTVIE COMMITTEE FOR THEIR REVIEW. ALL BOARD MEMBERS REVIEW THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION PERIODICALLY REVIEW ITS CONFLICT OF INTEREST POLICY AND RELATED INFORMATION. IF A MEMBER HAS A CONFLICT, THE MEMBER CANNOT VOTE ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS THE COMPENSATION THAT IS BEING PAID TO ITS OFFICERS AND EMPLOYEES. THE BOARD DETERMINES THAT THE AMOUNT BEING PAID IS REASONABLE AND APPROVES ALL COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS.