Nonprofit · EIN 56-0552516
ZETA PSI FRATERNITY OF NORTH AMERICA
Also known as UPSILON CHAPTER
Tax-exempt · RALEIGH, NC 27628
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $497,541 | $439,318 | $58,223 | $65,433 | $0 | $65,433 |
| June 30, 2024 | 990 | $347,053 | $360,034 | -$12,981 | $7,210 | $0 | $7,210 |
| June 30, 2023 | 990 | $369,400 | $354,536 | $14,864 | $20,191 | $0 | $20,191 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $497,541
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,358
- Accounting fees
- $4,115
- Occupancy
- $120,428
Balance sheet and other
- Total assets, start of year
- $7,210
- Total assets, end of year
- $65,433
- Total liabilities, end of year
- $0
- Net assets, end of year
- $65,433
- Net assets without donor restrictions
- $65,433
- Gross receipts
- $497,541
- Employees
- 0
- Volunteers
- 7
- Year formed
- 1941
- 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 |
|---|---|---|---|
| BENNETT BROSNAN | PRESIDENT THR: 12/24 Trustee or director, Officer | 5 | $0 |
| BRADY RASSIN | PRESIDENT FR: 1/25 Trustee or director, Officer | 5 | $0 |
| NICK HALL | VICE PRESIDENT FR: 1/25 Trustee or director, Officer | 4 | $0 |
| ADAM KESSEL | VICE PRESIDENT THR: 12/24 Trustee or director, Officer | 4 | $0 |
| ISHAN SANDHAR | TREASURER FR: 1/25 Trustee or director, Officer | 3 | $0 |
| BRADY RASSIN | TREASURER THR: 12/24 Trustee or director, Officer | 3 | $0 |
| BEN BALTER | SECRETARY THR: 12/24 Trustee or director, Officer | 3 | $0 |
| JOHNNY SIKORSKI | SECRETARY FR: 1/25 Trustee or director, Officer | 3 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RHETTT SOULE | PRESIDENT THR: 12/23 Trustee or director, Officer | 5 | $0 |
| SAM KARPEL | VICE PRESIDENT THR: 12/23 Trustee or director, Officer | 4 | $0 |
| ADAM KESSELL | VICE PRESIDENT FR: 1/24 Trustee or director, Officer | 4 | $0 |
| BENNETT BROSNAN | TREASURER THR: 12/23, PRESIDENT FR: 1/24 Trustee or director, Officer | 5 | $0 |
| BRADY RASSIN | TREASURER FR: 1/24 Trustee or director, Officer | 3 | $0 |
| BEN BALTER | SECRETARY FR: 1/24 Trustee or director, Officer | 3 | $0 |
| HUGH VOGT | SECRETARY THR: 12/23 Trustee or director, Officer | 3 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MASON ATWELL | PRESIDENT THR: 12/22 Trustee or director, Officer | 5 | $0 |
| RHETTT SOULE | PRESIDENT FR: 1/23 Trustee or director, Officer | 5 | $0 |
| SAM KARPEL | VICE PRESIDENT FR: 1/23 Trustee or director, Officer | 4 | $0 |
| RYDER SEIZ | VICE PRESIDENT THR: 12/22 Trustee or director, Officer | 4 | $0 |
| BENNETT BROSNAN | TREASURER FR: 1/23 Trustee or director, Officer | 3 | $0 |
| LANGDON BOLIEK | TREASURER THR: 12/22 Trustee or director, Officer | 3 | $0 |
| COLE AGANAD | SECRETARY THR: 12/22 Trustee or director, Officer | 3 | $0 |
| HUGH VOGT | SECRETARY FR: 1/23 Trustee or director, Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 2009 FAIRVIEW RD UNIT 6193, RALEIGH, NC 27628-0809
- Principal officer (990 for 2024)
- BRADY RASSIN, 2009 FAIRVIEW ROAD 6193, RALEIGH, NC 27628
- Signed the 990
- BRADY RASSIN, PRESIDENT
- Phone
- (919) 525-5508
- Return prepared by
- BLACKMAN & SLOOP ADVISORS INC
Mission
COLLEGIATE FRATERNAL ORGANIZATION
Program accomplishments
- MEMBERSHIP DUES COLLECTED TO PROVIDE PROGRAM ACTIVITIES AND PROMOTE SOCIAL, FRATERNAL INTERACTION AND LEADERSHIP TRAINING AND COUNSELING SERVICES FOR ITS 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
- 56-0552516
- 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
- 0276: ZETA PSI FRATERNITY OF NORTH AMERICA
- Assets (IRS master file)
- $65,433
- Income (IRS master file)
- $497,541
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $497,541 | $439,318 | $65,433 | XML |
| 990 | June 2024 | $347,053 | $360,034 | $7,210 | IRS |
| 990 | June 2023 | $369,400 | $354,536 | $20,191 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 56-0552516).
Questions about ZETA PSI FRATERNITY OF NORTH AMERICA
- What is the EIN of ZETA PSI FRATERNITY OF NORTH AMERICA?
- The employer identification number (EIN) of ZETA PSI FRATERNITY OF NORTH AMERICA is 56-0552516.
- Is ZETA PSI FRATERNITY OF NORTH AMERICA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1941.
- Are donations to ZETA PSI FRATERNITY OF NORTH AMERICA tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ZETA PSI FRATERNITY OF NORTH AMERICA 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 ZETA PSI FRATERNITY OF NORTH AMERICA 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 ZETA PSI FRATERNITY OF NORTH AMERICA 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 ZETA PSI FRATERNITY OF NORTH AMERICA?
- The 990 for the year ended June 30, 2025 names BRADY RASSIN.
- Who are the officers and directors of ZETA PSI FRATERNITY OF NORTH AMERICA?
- The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does ZETA PSI FRATERNITY OF NORTH AMERICA have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $497,541, expenses of $439,318 and total assets of $65,433 at year end.
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