The Phi Sigma Kappa Chapter House Association

Not tax-deductible

Wheeling, WVMutual-benefit / member-servingSince 1893Community Development EIN 55-0617210Revenue $207K in FY2025

On file with the IRS11 Englewood Ave, 26003-5001 · Wheeling, WVTax-exempt since Jan 2007

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Provide housing and academic areas for fraternity members at West Virginia University

100¢ of each $1 spent went to programs.
Run by 6 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $18K a year · 7% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
<1 mo
of spending, in cash
Concern: 0.2 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.7M
177% of total assets
Concern: liabilities are 177% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 6 voting members
Concern: none of 6 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$207K
-43% vs prior year
Spent
$270K
To programs
100%
Net assets
−$738K
By yearFY2021–FY2025
Revenue
$207K
FY2025▼ -43%
Tap a bar for its year
Revenue by fiscal year
FY2021$253K
FY2022$298K
FY2023$215K
FY2024$366K
FY2025$207K
Expenses
$270K
FY2025▼ -13%
Tap a bar for its year
Expenses by fiscal year
FY2021$266K
FY2022$297K
FY2023$283K
FY2024$311K
FY2025$270K
Net assets
−$738K
FY2025▼ -9%
Tap a bar for its year
Net assets by fiscal year
FY2021−$663K
FY2022−$662K
FY2023−$729K
FY2024−$675K
FY2025−$738K

From the FY2025 Form 990 (year ending June 2025) · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $269K Management & general 0% · $486 Fundraising 0% · $755

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See The Phi Sigma Kappa Chapter House Association executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers housing and academic spaces for fraternity members at West Virginia University.

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1 program · $269K · in their own filed words · FY2024
01

Maintaining housing for members of the fraternity

$269Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$207K
Ln 12
Fees for servicesLn 2g$160K
Gifts and grantsLn 1h$47K
Investment incomeLn 3$9
Money outPt IX
$270K
Ln 25
Programscol B$269K
Managementcol C$486
Fundraisingcol D$755
Owns and owesPt X
−$738K
net assets · Ln 32
Cash and savingsLn 1–2$3K
Total assetsLn 16$959K
LiabilitiesLn 26$1.7M
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$47K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$160K
Investment incomeLn 3$9
Total revenueLn 12$207K
Assets in detailPt X, end of year
CashLn 1$3K
SavingsLn 2$613
Cash and savings togetherLn 1–2$3K
Land, buildings, equipmentLn 10c$955K
Total assetsLn 16$959K
LiabilitiesLn 26$1.7M
Net assetsLn 32−$738K
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$42K$3K
Land, buildings, equipmentLn 10c$997K$955K
Total assetsLn 16$1.0M$959K
LiabilitiesLn 26$1.7M$1.7M
Net assetsLn 32−$675K−$738K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$0$0$0$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$0$0$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$0$0$0$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$0$0$0$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$486$0$486$0
Advertising and promotionLn 12$755$0$0$755
Office expensesLn 13$238$238$0$0
Information technologyLn 14$0$0$0$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$57K$57K$0$0
TravelLn 17$0$0$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$129K$129K$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$66K$66K$0$0
InsuranceLn 23$17K$17K$0$0
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$270K$269K$486$755

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $207K$270K−$63K−$738K 990 PDF
FY2024 $366K$311K$55K−$675K 990 PDF
FY2023 $215K$283K−$67K−$729K 990 PDF
FY2022 $298K$297K$571−$662K 990 PDF
FY2021 $253K$266K−$13K−$663K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $207,093 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $90,326$47,292
I-9 Program service revenuePrior year $272,795$159,792
I-10 Investment incomePrior year $44$9
I-11 Other revenuePrior year $3,019$0
I-12 Total revenuePrior year $366,184$207,093
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $311,301$270,252
I-18 Total expensesPrior year $311,301$270,252
I-19 Revenue less expensesPrior year $54,883−$63,159
Part VI · Governance 0 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $207,093 across 11 lines filed
Lines not itemized here account for $159,792 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$47,292
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$47,292
VIII-3 Investment incomeRelated to mission $9 · Unrelated business $0 · Excluded from tax $0$9
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $159,801 · Unrelated business $0 · Excluded from tax $0$207,093
Part IX · Statement of functional expenses $270,252 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $0 · Fundraising $0$0
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$0
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$0
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $0 · Management $486 · Fundraising $0$486
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $755$755
IX-13 Office expensesPrograms $238 · Management $0 · Fundraising $0$238
IX-14 Information technologyPrograms $0 · Management $0 · Fundraising $0$0
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $56,923 · Management $0 · Fundraising $0$56,923
IX-17 TravelPrograms $0 · Management $0 · Fundraising $0$0
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $128,503 · Management $0 · Fundraising $0$128,503
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $66,456 · Management $0 · Fundraising $0$66,456
IX-23 InsurancePrograms $16,891 · Management $0 · Fundraising $0$16,891
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $269,011 · Management $486 · Fundraising $755$270,252
Part X · Balance sheet $958,748 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $6,064$2,793
X-2 Savings and temporary cash investmentsStart of year $35,524$613
X-10c Land, buildings and equipment, netStart of year $996,743$955,342
X-16 Total assetsStart of year $1,038,331$958,748
X-17 Accounts payable and accrued expensesStart of year $1,282$0
X-19 Deferred revenueStart of year $9,920$46,010
X-26 Total liabilitiesStart of year $1,712,904$1,696,480
X-32 Total net assets or fund balancesStart of year −$674,573−$737,732
X-33 Total liabilities and net assetsStart of year $1,038,331$958,748
Part XI · Reconciliation of net assets −$737,732 net assets at year end
XI-1 Total revenue$207,093
XI-2 Total expenses$270,252
XI-3 Revenue less expenses−$63,159
XI-4 Net assets at start of year−$674,573
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$737,732

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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