EIN 35-2018908

Alpha Kappa Psi Fraternity

IRS 501(c) type
501(c)(7)
Num. employees
21
State
Year formed
1904
Most recent tax filings
2024-06-01
Description
Alpha Kappa Psi Fraternity fosters research in commerce, accounting, and finance and aims to further the welfare of its members. The society is recognized as the premier developer of principled business leaders who possess exceptional leadership skills. Members view the organization as the primary opportunity for personal growth, while values-based education remains a key component of Alpha Kappa Psi operations. The fraternity offers several opportunities for lifelong learning through various programs and events, including e-learning modules, webinars, and onsite educational programming.
Related structure
Alpha Kappa Psi Fraternity is a parent organization to a group of 267 other organizations.
Total revenues
$3,159,283
2024
Total expenses
$3,630,901
2024
Total assets
$9,961,436
2024
Num. employees
21
2024

Program areas at Alpha Kappa Psi Fraternity

Chapter services: the Fraternity supports its approximately 190 chapters through dedicated staff, tailored coaching, educational programs, leadership development events, publications, and valuable resources. Additionaly, it provides oversight and guidance to ensure chapter success and growth.
Conventions and meetings: the Fraternity organizes various conventions, conferences, and events focused on learning, leadership, and professional development, as well as providing educational information and materials. Each convention welcomes approximately 1,000 attendees, while elevate hosts around 750 participants. With the support of resources developed by Fraternity staff and volunteers, local Alpha Kappa Psi chapters offer educational, leadership, professional development, and service programming that benefits both Alpha Kappa Psi members and non-members.
Alumni services: the Fraternity provides services to its approximately 20 active alumni chapters primarily through the maintenance and updating of membership records, mentorship and leadership opportunities, and publications and resources for continued career enhancement.
Values-based education is at the heart of Alpha Kappa Psi's mission, providing lifelong learning opportunities through onsite programs, special events, e-learning modules, webinars, and other resources. Grounded in the Fraternity's core valuesbrotherhood, unity, integrity, service, and knowledgethese programs empower both student and alumni members, fostering continuous growth and professional development.

Grants made by Alpha Kappa Psi Fraternity

GranteeGrant descriptionAmount
Alpha Kappa Psi FoundationTo Help With Funding of Various Programs for Alpha Kappa Psi Alumni Members$6,255

Who funds Alpha Kappa Psi Fraternity

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Alpha Kappa Psi FoundationGrants To Alpha Kappa Psi Fraternity To Fund Educational, Leadership, and Professional Development Programming for Alpha Kappa Psi Student and Alumni Members.$100,000

Financials for Alpha Kappa Psi Fraternity

RevenuesFYE 06/2024
Total grants, contributions, etc.$146,801
Program services$2,392,892
Investment income and dividends$178,624
Tax-exempt bond proceeds$0
Royalty revenue$28,871
Net rental income$7,500
Net gain from sale of non-inventory assets$278,660
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$37,472
Miscellaneous revenues$88,463
Total revenues$3,159,283

Organizations like Alpha Kappa Psi Fraternity

OrganizationLocationRevenue
Kappa Alpha Theta FraternityIndianapolis, IN$7,219,459
Beta Theta PiOxford, OH$7,453,567
Phi Delta Theta Fraternity - North Carolina Zeta ChapterOxford, OH$6,642,836
Alpha PhiDenver, CO$11,454,559
Lambda Chi Alpha FraternityCarmel, IN$7,848,992
Alpha Epsilon Pi FraternityIndianapolis, IN$5,462,935
Alpha Delta Pi SororityAtlanta, GA$7,660,359
Alpha Gamma Delta FraternityIndianapolis, IN$4,504,587
Alpha Omicron Pi (AOII)Brentwood, TN$7,459,387
Delta Gamma FraternityColumbus, OH$6,798,067
Data update history
September 25, 2024
Updated personnel
Identified 5 new personnel
August 9, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 24, 2024
Updated personnel
Identified 1 new personnel
July 13, 2024
Received grants
Identified 1 new grant, including a grant for $100,000 from Alpha Kappa Psi Foundation
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
SchoolsFraternities and sororitiesHeadquarter / parent organizations
Issues
Education
Characteristics
MembershipsOperates internationallyCommunity engagement / volunteering
General information
Address
8001 E 196th St
Noblesville, IN 46062
Metro area
Indianapolis-Carmel-Anderson, IN
County
Hamilton County, IN
Website URL
akpsi.org/ 
Phone
(317) 872-1553
Twitter profile
@akpsi 
IRS details
EIN
35-2018908
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1904
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
B83: Student Sororities, Fraternities
NAICS code, primary
72131: Fraternity Houses, Sorority Houses, Residential Clubs, and Worker Camps
Parent/child status
Parent of group exemption
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