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Nonprofit · EIN 35-2074015

PSI UPSILON FRATERNITY

Tax-exempt · INDIANAPOLIS, IN 46260

Financials

$672K$744K2022$644K$669K2023$717K$753K2024
Revenue Expenses · by fiscal year end
Financials of PSI UPSILON FRATERNITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$716,502$753,196-$36,694$232,385$42,069$190,316
June 30, 2024990$644,093$668,974-$24,881$262,443$35,433$227,010
June 30, 2023990$671,865$744,407-$72,542$280,717$28,826$251,891
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$70,276
Program service revenue
$598,643
Investment income
$40,594
Royalties
$6,989
Other revenue
$6,989

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$92,500
Other salaries and wages
$133,039
Salaries, compensation and benefits (total)
$282,903
Professional fundraising fees
$0
Accounting fees
$1,422
Occupancy
$21,961

Balance sheet and other

Total assets, start of year
$262,443
Total assets, end of year
$232,385
Total liabilities, end of year
$42,069
Net assets, end of year
$190,316
Net assets without donor restrictions
$190,316
Gross unrelated business income
$47,583
Gross receipts
$716,502
Employees
2
Volunteers
50
Year formed
1833
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.

NameTitleHours / weekCompensationOther / benefits
THOMAS J FOXEXECUTIVE DIRECTOR
Officer
40$92,500$16,000
TIMOTHY ZEPPPRESIDENT
Trustee or director, Officer
2$0$0
JAMES PLATNERVICE PRESIDENT
Trustee or director, Officer
2$0$0
DAVID HOLLISSECRETARY
Trustee or director, Officer
2$0$0
MADISON TURKETTETREASURER
Trustee or director, Officer
2$0$0
STEVE MALINSKIALUMNI TERM MEMBER
Trustee or director
2$0$0
CATHY LEFEBVREALUMNI TERM MEMBER
Trustee or director
2$0$0
JON SZYNKOWSKIALUMNI TERM MEMBER
Trustee or director
2$0$0
LANCE MILLERALUMNI TERM MEMBER
Trustee or director
2$0$0
MARK D BAUERPAST PRESIDENT
Trustee or director
2$0$0
DAVID AB BROWNPAST PRESIDENT
Trustee or director
2$0$0
CHARLES M HALLPAST PRESIDENT
Trustee or director
2$0$0
THOMAS T ALLAN IVPAST PRESIDENT
Trustee or director
2$0$0
JAMES A SWANKE JRPAST PRESIDENT
Trustee or director
2$0$0
RICHARD RASMUSSENPAST PRESIDENT
Trustee or director
2$0$0
2 more people on this return
NameTitleHours / weekCompensation
EVAN TERRYPAST PRESIDENT
Trustee or director
2$0
JEREMY MCKEONPAST PRESIDENT
Trustee or director
2$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
THOMAS J FOXEXECUTIVE DIRECTOR
Officer
40$90,000$20,300
JEREMY MCKEONPRESIDENT
Trustee or director, Officer
2$0$0
JAMES PLATNERVICE PRESIDENT
Trustee or director, Officer
2$0$0
DAVID HOLLISSECRETARY
Trustee or director, Officer
2$0$0
TIMOTHY ZEPPTREASURER
Trustee or director, Officer
2$0$0
STEVE MALINSKIALUMNI TERM MEMBER
Trustee or director
2$0$0
MADISON TURKETTEALUMNI TERM MEMBER
Trustee or director
2$0$0
JON SZYNKOWSKIALUMNI TERM MEMBER
Trustee or director
2$0$0
LANCE MILLERALUMNI TERM MEMBER
Trustee or director
2$0$0
MARK D BAUERPAST PRESIDENT
Trustee or director
2$0$0
DAVID AB BROWNPAST PRESIDENT
Trustee or director
2$0$0
CHARLES M HALLPAST PRESIDENT
Trustee or director
2$0$0
THOMAS T ALLAN IVPAST PRESIDENT
Trustee or director
2$0$0
JAMES A SWANKE JRPAST PRESIDENT
Trustee or director
2$0$0
RICHARD RASMUSSENPAST PRESIDENT
Trustee or director
2$0$0
EVAN TERRYPAST PRESIDENT
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
THOMAS J FOXEXECUTIVE DIRECTOR
Officer
40$90,000$18,299
JEREMY MCKEONPRESIDENT
Trustee or director, Officer
2$0$0
JAMES PLATNERVICE PRESIDENT
Trustee or director, Officer
2$0$0
DAVID HOLLISSECRETARY
Trustee or director, Officer
2$0$0
TIMOTHY ZEPPTREASURER
Trustee or director, Officer
2$0$0
STEVE MALINSKIALUMNI TERM MEMBER
Trustee or director
2$0$0
MADISON TURKETTEALUMNI TERM MEMBER
Trustee or director
2$0$0
JON SZYNKOWSKIALUMNI TERM MEMBER
Trustee or director
2$0$0
LANCE MILLERALUMNI TERM MEMBER
Trustee or director
2$0$0
MARK D BAUERPAST PRESIDENT
Trustee or director
2$0$0
DAVID A B BROWNPAST PRESIDENT
Trustee or director
2$0$0
CHARLES M HALLPAST PRESIDENT
Trustee or director
2$0$0
THOMAS T ALLAN IVPAST PRESIDENT
Trustee or director
2$0$0
JAMES A SWANKE JRPAST PRESIDENT
Trustee or director
2$0$0
RICHARD RASMUSSENPAST PRESIDENT
Trustee or director
2$0$0
EVAN TERRYPAST PRESIDENT
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
1389 W 86TH STREET 345, INDIANAPOLIS, IN 46260-2101
Principal officer (990 for 2024)
THOMAS J FOX, 1389 W 86TH STREET 345, INDIANAPOLIS, IN 46260
Signed the 990
THOMAS J FOX, EXECUTIVE DIRECTOR
Phone
(317) 571-1833
Return prepared by
DEAN DORTON ALLEN FORD PLLC

Mission

TO PROVIDE ITS MEMBERS WITH THE OPPORTUNITY TO DEVELOP SKILLS PERTAINING TO MORAL LEADERSHIP, INTELLECTUAL ENGAGEMENT, RESPONSIBLE SOCIAL CONDUCT, AND SERVICE TO SOCIETY. IN ADDITION, FOSTERING A SAFE ENVIRONMENT FOR OUR MEMBERS AND ENCOURAGING THEM TO BUILD LIFELONG FRIENDSHIPS.

990 for the year ended June 30, 2025

Program accomplishments

  • CHAPTER LEADERSHIP PROGRAM:STAFF VISIT MOST CAMPUSES AT LEAST ONCE A YEAR. THE PURPOSE OF THE VISIT IS TO INSPIRE, INSTRUCT, AND INSPECT THE CHAPTER AND ENCOURAGE BEST PRACTICES FOR THE CHAPTER. IN ADDITION, EACH NEW MEMBER IS REQUIRED TO COMPLETE ONLINE TRAINING FOCUSED ON FACING THE CHALLENGES OF HAZING, SUBSTANCE ABUSE, AND HEALTHY RELATIONSHIPS. ONLINE RESOURCES AND OFFICER MANUALS ARE MADE AVAILABLE THROUGH THE PSI UPSILON WEBSITE. IN ADDITION EACH CHAPTER IS ASSIGNED A STAFF MEMBER AND THAT STAFF MEMBER HAS REGULAR ZOOM MEETINGS TO DISCUSS CHAPTER PERFORMANCE AND OFFER ADVICE AND SUPPORT AS REQUESTED BY THE OFFICERS OF THE CHAPTER.
  • ARCHONS ACADEMY:THE PRESIDENT OR ANOTHER OFFICER OF EVERY ACTIVE CHAPTER IS EXPECTED TO ATTEND AN ANNUAL ARCHONS ACADEMY. IN 2025, THE ARCHONS ACADEMY WAS HELD JANUARY 10TH-12TH AND FOCUSED ON EFFECTIVE CHAPTER MANAGEMENT, ADDRESSING CONFLICT BETWEEN MEMBERS, MEMBER SAFETY AND HEALTH, OUR HISTORY AND MISSION, AND INCLUDED TEAM BUILDING AND LEADERSHIP BUILDING ACTIVITIES.
  • LEADERSHIP INSTITUTE:OUR LEADERSHIP INSTITUTE WAS HELD JULY 26TH-29TH IN BOSTON, MA. EACH CHAPTER IS EXPECTED TO SEND 2 UNDERGRADUATE AND ONE ALUM MEMBER. DURING THE WEEKEND WE HELD A NUMBER OF BOTH LARGE GROUP AND SMALL GROUP EDUCATIONAL SESSIONS, INCLUDING A REVIEW OF OUR RISK MANAGEMENT POLICY, RECRUITMENT TRENDS, SITUATIONAL LEADERSHIP AND TEAMBUILDING ACTIVITIES WITH A PROFESSIONAL SPEAKER AND HELD TEAMBUILDING AND LEADERSHIP TRAINING AT A NEARBY ROPES COURSE.
  • OTHER PROGRAMS INCLUDE OUR PSI U CARES PROGRAM THAT OFFERS TRAINING AND RESOURCES TOWARDS MEMBERS MENTAL HEALTH AND SUPPORT OF MENTAL WELLNESS. OUR TIGHTROPE ONLINE RISK MANAGEMENT EDUCATION PROGRAM, WHICH EVERY MEMBER PARTICIPATES IN WHEN JOINING. ABOVEBOARD AN ONLINE EDUCATION PROGRAM FOR NEW CHAPTER OFFICERS. WE ALSO HAVE ONLINE RECRUITMENT TRAINING AND OFFER MULTIPLE ONLINE EDUCATIONAL SESSIONS FOR OUR MEMBERS BUILT FROM THE RECOMMENDATIONS THEY HAVE FOR US ON THEIR NEEDS.

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
35-2074015
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1999
Accounting year ends
June
Files
Form 990 or 990-EZ
Group exemption
0887 (24 member organizations)
Assets (IRS master file)
$232,385
Income (IRS master file)
$716,502

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$716,502$753,196$232,385IRS
990June 2024$644,093$668,974$262,443XML
990June 2023$671,865$744,407$280,717XML
990June 2022$609,875$567,335$375,853IRS
990June 2021–––IRS
990June 2019–––IRS
990June 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 35-2074015).

Questions about PSI UPSILON FRATERNITY

What is the EIN of PSI UPSILON FRATERNITY?
The employer identification number (EIN) of PSI UPSILON FRATERNITY is 35-2074015.
Is PSI UPSILON FRATERNITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1999.
Are donations to PSI UPSILON FRATERNITY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PSI UPSILON 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 PSI UPSILON 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 PSI UPSILON 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 PSI UPSILON FRATERNITY?
The 990 for the year ended June 30, 2025 names THOMAS J FOX.
Who are the officers and directors of PSI UPSILON FRATERNITY?
The 990 for the year ended June 30, 2025 lists 17 people; 1 received compensation from the organization, the highest $92,500 (THOMAS J FOX, EXECUTIVE DIRECTOR).
How much revenue does PSI UPSILON FRATERNITY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $716,502, expenses of $753,196 and total assets of $232,385 at year end.

Organizations in its group exemption (24)

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