Kappa Psi Pharmaceutical Fraternity, Psi in Memphis, Tennessee (TN)

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Kappa Psi Pharmaceutical Fraternity, Psi
Employer Identification Number (EIN)626046686
Name of OrganizationKappa Psi Pharmaceutical Fraternity
Secondary NamePsi
In Care of NameUniversity Of Tennessee
Address31 S Barksdale St, Memphis, TN 38104-4001
ActivitiesFraternity or sorority, Professional association
SubsectionPleasure, Recreational, or Social Club
Ruling Date02/1964
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$137,345
Amount of Income$75,873
Form 990 Revenue Amount$58,136


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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20122013
Total revenue$65,517$58,136
Contributions, gifts, grants, and similar amounts received$54,654$59,955
Program service revenue including government fees and contracts$0$0
Membership dues and assessments$0$0
Investment income$6,900$1,200
Gain/Loss from sale of assets other than inventory$0$0
Net income/loss from gaming and fundraising events$0$0
Gross profit/loss from sales of inventory$3,963$-3,019
Gross sales of inventory, less returns and allowances$19,253$14,718
Less: cost of goods sold$15,290$17,737
Other revenue$0$0
Total expenses$51,399$53,699
Total net assets$97,477$101,914
Excess/Deficit for the year$14,118$4,437
Net assets or fund balances at beginning of year$83,359$97,477
Other changes in net assets or fund balances$0$0
Net assets or fund balances at end of year$97,477$101,914
Balance Sheets
20122013
Total assets$139,731$137,345
Total liabilities$42,254$35,431
Net assets or fund balances$97,477$101,914
Other Information
20122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0
Gross receipts for public use of club facilities$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
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10Kappa Kappa Gamma Fraternity Epsilon Nu House Corporation2416 Kensington Pl, Nashville, TN 37212-2012TN1975-12$127,685
11Kappa Psi Pharmaceutical Fraternity, Psi31 S Barksdale St, Memphis, TN 38104-4001TN1964-02$75,873
12Kappa Sigma Fraternity, 11 Lambda Chapter1730 Melrose Pl, Knoxville, TN 37916-3424TN1940-12$220,065
13Kappa Sigma Fraternity, 11 Lambda Hous CorporationPO BOX 2488, Brentwood, TN 37024-2488TN1975-02$89,696
14Kappa Sigma Fraternity, 15 Alpha-Iota Chapter430 Chestnut St Ste 4th Fl, Chattanooga, TN 37402-4928TN1952-12$71,091
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17Kappa Sigma Fraternity, 9 Kappa Chapter403 Leake Ave, Nashville, TN 37205-3711TN1940-12$22,839
18Kappa Sigma Fraternity, Kappa213 24th Ave S, Nashville, TN 37212-2005TN1940-12$132,121
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20 biggest affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
SubordinateKappa Psi Pharmaceutical Fraternity, Beta Psi414 Chestnut St, Madison, WI 53726-3834WI1964-02$43,481
CentralKappa Psi Pharmaceutical FraternityPo Box 980581, Richmond, VA 23298VA1943-07$492,462
SubordinateKappa Psi Pharmaceutical Fraternity, Pharmaceutical Association Of San1499 5th Ave, San Francisco, CA 94122-3806CA1964-02$121,055
SubordinateKappa Psi Pharmaceutical Fraternity, Beta Gamma1499 5th Ave, San Francisco, CA 94122-3806CA1964-02$101,846
SubordinateKappa Psi Pharmaceutical Fraternity208 Finley Golf Course Rd, Chapel Hill, NC 27517NC1964-02$91,724
SubordinateKappa Psi Pharmaceutical Fraternity1345 University Drive North, Fargo, ND 58102ND1964-02$89,155
SubordinateKappa Psi Pharmaceutical Fraternity, Psi31 S Barksdale St, Memphis, TN 38104-4001TN1964-02$75,873
SubordinateKappa Psi Pharmaceutical Fraternity, Gamma Kappa629 11th Ave, Brookings, SD 57006-1527SD1964-02$50,122
SubordinateKappa Psi Pharmaceutical Fraternity719 Virginia Park St, Detroit, MI 48202MI1964-02$20,402
SubordinateKappa Psi Pharmaceutical Fraternity, Gamma IotaC-126 Cooke Hall-Hochestetter Compl, Amherst, NY 14260-0001NY1964-02$16,864
SubordinateKappa Psi Pharmaceutical Fraternity Inc11 Sunset Way, Henderson, NV 89014NV1964-02$10,001
SubordinateKappa Psi Pharmaceutical Fraternity2100 Gardiner Lane, Louisville, KY 40205KY1964-02$2,900
SubordinateKappa Psi Pharmaceutical Fraternity, Iowa Graduate8313 Barnham Dr, Johnson, IA 50131-8755IA1968-06$188
SubordinateKappa Psi Pharmaceutical Fraternity1718 E Lincoln Rd Apt R3129, Spokane, WA 99217WA1943-07$0
SubordinateKappa Psi Pharmaceutical Fraternity20 N Pint St Rm 428, Baltimore, MD 21201-1142MD1967-11$0
SubordinateKappa Psi Pharmaceutical Fraternity Inc19555 N 59th Avenue, Glendale, AZ 85308AZ1964-02$0
SubordinateKappa Psi Pharmaceutical Fraternity9700 West Taron Drive, Elk Grove, CA 95757CA1964-02$0
SubordinateKappa Psi Pharmaceutical Fraternity1029 S Palm Ave, San Gabriel, CA 91776CA1964-02$0
SubordinateKappa Psi Pharmaceutical Fraternity236 Killingly Road, Pomfret Center, CT 06259CT1964-02$0
SubordinateKappa Psi Pharmaceutical Fraternity256 Silver Brook Cir, Pooler, GA 31322GA1964-02$0
Number of affiliated organizations
Alabama2
Arkansas1
Arizona4
California11
Connecticut4
Delaware1
Florida9
Georgia9
Iowa3
Idaho2
Illinois6
Indiana3
Kansas1
Kentucky3
Louisiana1
Massachusetts2
Maryland4
Maine1
Michigan4
Minnesota4
Missouri4
Mississippi1
Montana1
North Carolina5
North Dakota2
Nebraska3
New Jersey1
New Mexico2
Nevada1
New York8
Ohio9
Oklahoma4
Oregon2
Pennsylvania8
Rhode Island2
South Carolina5
South Dakota2
Tennessee5
Texas10
Utah1
Virginia7
Washington4
Wisconsin2
West Virginia1
International1
Total166

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