Phi Chi Medical Fraternity Inc, Kappa Chi Alumni Association in Minneapolis, Minnesota (MN)

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Phi Chi Medical Fraternity Inc, Kappa Chi Alumni Association
Employer Identification Number (EIN)416037015
Name of OrganizationPhi Chi Medical Fraternity Inc
Secondary NameKappa Chi Alumni Association
Address2221 University Ave Se Ste 111, Minneapolis, MN 55414-3074
ActivitiesAlumni association or group, Fraternity 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 Period03/2014
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$354,124
Amount of Income$39,685
Form 990 Revenue Amount$39,685


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Financial snapshot ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201220132014
Total revenue$35,910$37,238$39,685
Contributions, gifts, grants, and similar amounts received$0$0$0
Program service revenue including government fees and contracts$34,770$36,020$36,870
Membership dues and assessments$0$0$0
Investment income$1,140$1,218$2,815
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$33,779$33,007$33,034
Total net assets$342,572$346,803$353,454
Excess/Deficit for the year$2,131$4,231$6,651
Net assets or fund balances at beginning of year$340,441$342,572$346,803
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$346,803$353,454
Balance Sheets
201220132014
Total assets$342,572$351,287$354,124
Total liabilities$0$4,484$670
Net assets or fund balances$342,572$346,803$353,454
Other Information
201220132014
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$0$0$0
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 2014)
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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11Phi Chi Medical Fraternity Inc, Kappa Chi Alumni Association2221 University Ave Se Ste 111, Minneapolis, MN 55414-3074MN1940-11$39,685
12Phi Chi Medical Fraternity Inc, Kappa Chi Chapter2221 University Ave Se Ste 111, Minneapolis, MN 55414-3074MN1940-06$88,462
13Phi Delta Chi Fraternity Thete Chapter2221 University Ave Se Ste 111, Minneapolis, MN 55414-3074MN1944-07$90,987
14Phi Gamma Delta Fraternity, Alpha Gamma Chapter B1901 University Ave Se Ste 220, Minneapolis, MN 55414-2025MN1941-02$29,003
15Phi Kappa Psi Fraternity, Minnesota Beta Chapter2221 University Ave Se Ste 111, Minneapolis, MN 55414-3074MN1941-03$243,425
16Phi Rho Sigma Medical Society, Theta-Tau Chapter U Of M Med School2221 Unv Ave Se Ste 111, Minneapolis, MN 55414-3074MN1960-04$116,203
17Phi Sigma Kappa, 126 Beta Deuteron2221 Unv Ave Se Ste 111, Minneapolis, MN 55414-3074MN1941-02$96,992
18Phi Sigma Kappa, The Triton Corporation2680 Waterford Court, Saint Cloud, MN 56301MN1993-03$0
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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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