Phi Chi Medical Fraternity Inc in Floyds Knobs, Indiana (IN)

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Phi Chi Medical Fraternity Inc
Employer Identification Number (EIN)580384615
Name of OrganizationPhi Chi Medical Fraternity Inc
In Care of NameDana Murphy
Address2039 Ridgeview Dr, Floyds Knobs, IN 47119-8913
ActivitiesFraternity or sorority
SubsectionPleasure, Recreational, or Social Club
Ruling Date11/1940
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period11/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$243,751
Amount of Income$42,828
Form 990 Revenue Amount$41,785


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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$40,925$35,801$41,785
Contributions, gifts, grants, and similar amounts received$15,029$18,572$21,402
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$23,702$14,607$16,079
Investment income$1,914$1,682$1,559
Gain/Loss from sale of assets other than inventory$-61$332$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$341$608$244
Gross sales of inventory, less returns and allowances$1,122$1,054$1,287
Less: cost of goods sold$781$446$1,043
Other revenue$0$0$2,501
Total expenses$40,663$38,809$24,653
Total net assets$228,204$225,196$242,328
Excess/Deficit for the year$262$-3,008$17,132
Net assets or fund balances at beginning of year$227,942$228,204$225,196
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$225,196$242,328
Balance Sheets
201120122013
Total assets$229,250$226,434$243,751
Total liabilities$1,046$1,238$1,423
Net assets or fund balances$228,204$225,196$242,328
Other Information
201120122013
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 activitiesYesYesYes
Has the organization filed a Form 990-T for the year?YesYes
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$23,476$14,607$16,079
Gross receipts for public use of club facilities$0$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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7Phi Beta Psi Sorority17637 Loretta Drive, Lawrenceburg, IN 47025IN1953-02$404,855
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11Phi Chi Medical Fraternity Inc2039 Ridgeview Dr, Floyds Knobs, IN 47119-8913IN1940-11$42,828
12Phi Chi Welfare Association2039 Ridgeview Dr, Floyds Knobs, IN 47119-8913IN1965-08$17,832
13Phi Delta Kappa Fraternity2401 Saratoga Ave, Kokomo, IN 46902IN1966-11$0
14Phi Delta Kappa Fraternity, Delta NuPO BOX 111, Plymouth, IN 46563-0111IN1966-11$17,994
15Phi Delta Kappa Fraternity, Gamma Theta Chapter Inc802 Phi Delta Kappa Dr, Danville, IN 46122-1353IN1990-08$263,866
16Phi Delta Theta Alumni Assoc6925 N Delaware St, Indianapolis, IN 46220-1031IN1950-01$142,480
17Phi Delta Theta Fraternity, Indiana Beta Chapter114 W College St, Crawfordsvlle, IN 47933-2810IN1924-02$354,039
18Phi Delta Theta Fraternity, Indiana Delta Chapter101 Branigin Blvd, Franklin, IN 46131-2598IN1940-10$45,661
19Phi Delta Theta Fraternity, Indiana Gamma Chapter5875 Castle Crk Pkwy N Dr471, Indianapolis, IN 46250-4330IN1940-10$713,945
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All affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
CentralPhi Chi Medical Fraternity Inc2039 Ridgeview Dr, Floyds Knobs, IN 47119-8913IN1940-11$42,828
SubordinatePhi Chi Medical Fraternity Inc, Psi Chapter Alumni Association2250-60 Fuller Road, Ann Arbor, MI 48105-2325MI1940-12$255,212
SubordinatePhi Chi Medical Fraternity Inc, Zeta Chapter606 University Blvd, Galveston, TX 77550-5506TX1940-11$170,800
SubordinatePhi Chi Medical Fraternity Inc, Kappa Chi Chapter2221 University Ave Se Ste 111, Minneapolis, MN 55414-3074MN1940-06$88,462
SubordinatePhi Chi Medical Fraternity Inc, Upsilon Nu Chapter3708 Dewey Ave, Omaha, NE 68105-1126NE1940-11$75,353
SubordinatePhi Chi Medical Fraternity Inc, Chi Chapter1025 Spruce St, Philadelphia, PA 19107-6703PA1940-11$65,038
SubordinatePhi Chi Medical Fraternity Inc, Chi Upsilon Chapter3920 Dewey Ave, Omaha, NE 68105-1111NE1966-05$59,635
SubordinatePhi Chi Medical Fraternity Inc, Kappa Chi Alumni Association2221 University Ave Se Ste 111, Minneapolis, MN 55414-3074MN1940-11$39,685
SubordinatePhi Chi Medical Fraternity Inc1017 Broadway St, New Orleans, LA 70118LA1940-11$35,695
SubordinatePhi Chi Medical Fraternity Inc1800 E Shelby St, Seattle, WA 98112WA1957-04$0
SubordinatePhi Chi Medical Fraternity Inc687 Jefferson Ave, Memphis, TN 38105TN1940-11$0
SubordinatePhi Chi Medical Fraternity Inc, Psi Chapter2260 Fuller Rd, Ann Arbor, MI 48105-2324MI1940-11$0
SubordinatePhi Chi Medical Fraternity Inc, Phi Rho Chapter3315 Russell Blvd, St Louis, MO 63104-1546MO1940-11$0
SubordinatePhi Chi Medical Fraternity IncSigma Kappa Chapter 45 Courtenay Drive, Charleston, SC 29401SC1940-11$0
SubordinatePhi Chi Medical Fraternity Inc, Alpha Alpha Alumni Association2039 Ridgeview Drive, Floyds Knobs, IN 47119IN1966-05$0
Number of affiliated organizations
Indiana2
Louisiana1
Michigan2
Minnesota2
Missouri1
Nebraska2
Pennsylvania1
South Carolina1
Tennessee1
Texas1
Washington1
Total15

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