PHI SIGMA KAPPA ALUMNI ASSOCIATION OF TROY NY
137 Third St, Troy, NY 12180

Total Revenue
$86,456
Total Expenses
$135,364
Net Assets
$1,172,207

Organizations Filed Purposes: To promote and further the general welfare of the alumni and members of the Gamma Tetarton Chapter of Phi Sigma Kappa Fraternity; to purchase, lease, maintain, and hold real property and to erect, construct, or repair buildings hereon for the benefit and use of this corporation and the chapter; to promote the friendship of its members, and to inculcate in them a high sense of loyalty to each other, and to stimulate their intellectual advancement.

Mission: to buy, hold, and maintain a fraternity house for the Colony of Phi Sigma Kappa at RPI in Troy, NY, a chapter of Phi Sigma Kappa national fraternity; to help ensure the long term viability of the chapter; and to promote ongoing goodwill and social contact among its alumni.

The principal program service is maintenance of a fraternity house for use by the chapter, The Colony of Phi Sigma Kappa at RPI, EIN 14-6030163. Expenses include depreciation on the buildings, fixtures, and equipment; property taxes, utilities, property insurance, building maintenance, alarm monitoring, and inspections. The organization charges the chapter rent. A portion of the rent is allocated to the self insurance quasi-endowment fund. Another portion is allocated to the house maintenance fund. The rest covers these normal year-to-year expenses. In this fiscal year, the organization provided a grant to the chapter in the form of rent reduction.

The alumni association's annual meeting held in the fall serves both as a business meeting, for election of officers, and our principal social event each year. There is also an annual camping trip/retreat held each summer with alumni and the active members of the fraternity. It features workshops on rush (recruitment), house operations, and community involvement.

The organization operates a 'microgrant program' in cooperation with a local not-for-profit. The program provides funds to support renovations and building improvements in the fraternity's immediate neighborhood.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Dylan GaragesMember at Large0$0
Eric OttoMember at Large0$0
Daniel FranklinMember at Large0$0
Jacob ZadnikSecretary0$0
Ira WhitmanTreasurer2$0
Joe DefrancisciVice president0$0
Paul MaranoPresident4$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202111369349300316_public.xml