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

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Phi Chi Medical Fraternity Inc, Kappa Chi Chapter
Employer Identification Number (EIN)410379435
Name of OrganizationPhi Chi Medical Fraternity Inc
Secondary NameKappa Chi Chapter
Address2221 University Ave Se Ste 111, Minneapolis, MN 55414-3074
ActivitiesFraternity or sorority
SubsectionPleasure, Recreational, or Social Club
Ruling Date06/1940
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$38,427
Amount of Income$88,462
Form 990 Revenue Amount$88,462


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Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$82,712$83,043$86,645
Contributions, gifts, grants, and similar amounts received$0$0$0
Program service revenue including government fees and contracts$81,435$82,857$86,189
Membership dues and assessments$935$0$0
Investment income$26$42$11
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$316$144$445
Total expenses$90,728$82,152$86,891
Total net assets$32,257$33,148$32,902
Excess/Deficit for the year$-8,016$891$-246
Net assets or fund balances at beginning of year$40,272$32,257$33,148
Other changes in net assets or fund balances$1$0$0
Net assets or fund balances at end of year$33,148$32,902
Balance Sheets
201120122013
Total assets$39,855$40,839$41,152
Total liabilities$7,598$7,691$8,250
Net assets or fund balances$32,257$33,148$32,902
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 activitiesNoNoNo
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$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 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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10Phi Chi Medical Fraternity Inc, Kappa Chi Alumni Association2221 University Ave Se Ste 111, Minneapolis, MN 55414-3074MN1940-11$39,685
11Phi Chi Medical Fraternity Inc, Kappa Chi Chapter2221 University Ave Se Ste 111, Minneapolis, MN 55414-3074MN1940-06$88,462
12Phi Delta Chi Fraternity Thete Chapter2221 University Ave Se Ste 111, Minneapolis, MN 55414-3074MN1944-07$90,987
13Phi Gamma Delta Fraternity, Alpha Gamma Chapter B1901 University Ave Se Ste 220, Minneapolis, MN 55414-2025MN1941-02$29,003
14Phi Kappa Psi Fraternity, Minnesota Beta Chapter2221 University Ave Se Ste 111, Minneapolis, MN 55414-3074MN1941-03$243,425
15Phi Rho Sigma Medical Society, Theta-Tau Chapter U Of M Med School2221 Unv Ave Se Ste 111, Minneapolis, MN 55414-3074MN1960-04$116,203
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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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