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Filing year 2023

PHI KAPPA SIGMA FRATERNITY

Carmel, Indiana·EIN 23-0967790·7
Total revenue
$934k
Total assets
$1.4M
Total expenses
$995k
Reported officers
10
Mission

PHI KAPPA SIGMA IS MORE THAN A CLUB TO JOIN DURING COLLEGE; IT IS AN INVALUABLE LEARNING EXPERIENCE, A PHILOSOPHY FOR LIVING AND A LIFE-LONG COMMITMENT. ALONG WITH THE RITUAL, OUR PURPOSE AND PRINCIPLES STATE WHAT OUR ORGANIZATION IS AND WHO WE ARE AS BROTHERS OF OUR FRATERNITY. ALL BROTHERS TAKE AN OATH TO UPHOLD THESE IDEALS, AND IT IS UP TO ALL TO ENSURE THAT WE, PRESENT AND FUTURE, LEARN AND UNDERSTAND WHAT IS REQUIRED TO INCORPORATE BEING A TRUE PHI KAP IN OUR LOCAL CHAPTERS, SCHOOLS, COMMUNITIES, AND OUR LIVES AFTER SCHOOL.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2023

Executive Director 5/2/23-present
$50k
$55k
Executive Director 1/5/19-5/2/23
$28k
$31k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Down 40%
from 2022

From $84k in 2022 to $50k in 2023.

$84k
2022
$50k
2023
In today's dollarsEst.
Down 42% in real terms$96k to $55k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

PHI KAPPA SIGMA FRATERNITY reported revenue and expenses across 2 filing years.

RevenueExpenses
$1M
$716k
2022
$934k
$995k
2023
Total revenue and total expenses from IRS Form 990 filings.
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