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Chi Psi Fraternity

Organization summary

Type of Nonprofit

Designated as a Social and recreational clubs.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$2.39M (2023)

Expenses
$2.13M (2023)

Total Assets
$3.92M (2023)

Total Liabilities
$2.13M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,385,705
Expenses
$2,131,170
Net Income
$254,535
Net Assets
$1,788,178
Notable Sources of Revenue Percent of Total Revenue
Contributions $704,396
29.5%
Program Services $1,605,998
67.3%
Investment Income $11,655
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $113,268
4.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$55,604
Other Revenue $5,992
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $288,370
13.5%
Professional Fundraising Fees $0
Other Salaries and Wages $692,901
32.5%
Assets/Debt
Total Assets $3,917,503
Total Liabilities $2,129,325
Net Assets $1,788,178
Club or Co-Op Income
Initiation Fees & Contributions $225,090
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Sam Bessey (Chf Advancem) $144,807 $0 $30,010
Harold Arnwine (Executive Di) $97,690 $0 $15,863
David Woodruff (Chairman) $0 $0 $0
Max Rubin (Vice Chairma) $0 $0 $0
Michael Britt (Board Member) $0 $0 $0
Mark Day (Board Member) $0 $0 $0
Michael Gustafson (Board Member) $0 $0 $0
Drew Eschweiler (Board Member) $0 $0 $0
John Logan (Board Member) $0 $0 $0
Nick Milonas (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,614,364
Expenses
$1,718,281
Net Income
-$103,917
Net Assets
$1,535,185
Notable Sources of Revenue Percent of Total Revenue
Contributions $167,407
10.4%
Program Services $1,422,183
88.1%
Investment Income $12,287
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $10,284
0.6%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$23,064
Other Revenue $25,267
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $112,250
6.5%
Professional Fundraising Fees $0
Other Salaries and Wages $670,583
39.0%
Assets/Debt
Total Assets $3,526,602
Total Liabilities $1,991,417
Net Assets $1,535,185
Club or Co-Op Income
Initiation Fees & Contributions $210,200
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Sam Bessey (Executive Di) $112,250 $0 $0
Kurt Wells (Chairman) $0 $0 $0
David Woodruff (Vice Chairma) $0 $0 $0
Michael Britt (Board Member) $0 $0 $0
Mark Day (Board Member) $0 $0 $0
Michael Gustafson (Board Member) $0 $0 $0
James Haltom (Board Member) $0 $0 $0
John Logan (Board Member) $0 $0 $0
Max Rubin (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,508,418
Expenses
$1,379,088
Net Income
$129,330
Net Assets
$1,669,532
Notable Sources of Revenue Percent of Total Revenue
Contributions $461,860
30.6%
Program Services $627,984
41.6%
Investment Income $7,515
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income -$160,944
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $572,003
37.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $119,750
8.7%
Professional Fundraising Fees $0
Other Salaries and Wages $585,660
42.5%
Assets/Debt
Total Assets $4,012,394
Total Liabilities $2,342,862
Net Assets $1,669,532
Club or Co-Op Income
Initiation Fees & Contributions $173,362
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Sam Bessey (Executive Director) $112,250 $0 $17,179
Max E D Rubin (Treasurer) $0 $0 $0
Kurt Wells (Chairman) $0 $0 $0
Nick Bish (Board Member) $0 $0 $0
Nick Sokoll (Board Member) $0 $0 $0
Pranav Charvu (Board Member) $0 $0 $0
Joseph Monti (Board Member) $0 $0 $0
Austin Price (Board Member) $0 $0 $0
Bill Hattendorf (Board Member) $0 $0 $0
Nickolas G Milonas (Board Member) $0 $0 $0
Michael R Britt (Board Member) $0 $0 $0
Michael Gustafson (Board Member) $0 $0 $0
Mark G Day (Board Member) $0 $0 $0
John S Logan (Board Member) $0 $0 $0
James Haltom (Board Member) $0 $0 $0
David O Woodruff (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,364,525
Expenses
$1,427,904
Net Income
-$63,379
Net Assets
$1,521,081
Notable Sources of Revenue Percent of Total Revenue
Contributions $250,041
18.3%
Program Services $880,212
64.5%
Investment Income $5,596
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income -$197,954
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $426,630
31.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $124,785
8.7%
Professional Fundraising Fees $0
Other Salaries and Wages $530,400
37.1%
Assets/Debt
Total Assets $3,592,793
Total Liabilities $2,071,712
Net Assets $1,521,081
Club or Co-Op Income
Initiation Fees & Contributions $131,235
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Sam Bessey (Executive Director) $123,097 $0 $24,808
David O Woodruff (Board Member) $0 $0 $0
James Haltom (Board Member) $0 $0 $0
John S Logan (Board Member) $0 $0 $0
Kurt Wells (Chairman) $0 $0 $0
Mark G Day (Board Member) $0 $0 $0
Max E D Rubin (Treasurer) $0 $0 $0
Michael Gustafson (Board Member) $0 $0 $0
Michael R Britt (Board Member) $0 $0 $0
Nickolas G Milonas (Board Member) $0 $0 $0
Nathan C Artman (Board Member) $0 $0 $0
Turner Ashby (Board Member) $0 $0 $0
Foster W Friedman (Board Member) $0 $0 $0
Samuel B Gause (Board Member) $0 $0 $0
Noah J Jon (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,299,764
Expenses
$1,518,999
Net Income
-$219,235
Net Assets
$1,584,460
Notable Sources of Revenue Percent of Total Revenue
Contributions $132,480
10.2%
Program Services $910,648
70.1%
Investment Income $6,258
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income -$143,183
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $393,561
30.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $121,500
8.0%
Professional Fundraising Fees $0
Other Salaries and Wages $468,355
30.8%
Assets/Debt
Total Assets $3,806,724
Total Liabilities $2,222,264
Net Assets $1,584,460
Club or Co-Op Income
Initiation Fees & Contributions $186,226
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Sam Bessey (Executive Director) $119,688 $0 $9,445
Chris Wilson (Board Member) $0 $0 $0
David O Woodruff (Board Member) $0 $0 $0
James Haltom (Chairman) $0 $0 $0
James Van Dyke (Vice Chairman) $0 $0 $0
John S Logan (Board Member) $0 $0 $0
Matthew Yao (Board Member) $0 $0 $0
Kurt Wells (Board Member) $0 $0 $0
Mark G Day (Board Member) $0 $0 $0
Brendan Mingle (Board Member) $0 $0 $0
Max E D Rubin (Board Member) $0 $0 $0
Jake Franta (Board Member) $0 $0 $0
Verne G Istock (Board Member) $0 $0 $0
Tommy Boggis (Board Member) $0 $0 $0
Robert C Matthews (Board Member) $0 $0 $0
Michael Gustafson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,243,865
Expenses
$1,254,719
Net Income
-$10,854
Net Assets
$1,803,078
Notable Sources of Revenue Percent of Total Revenue
Contributions $85,927
6.9%
Program Services $869,381
69.9%
Investment Income $4,014
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income -$30,843
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $315,386
25.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $130,341
10.4%
Professional Fundraising Fees $0
Other Salaries and Wages $371,101
29.6%
Assets/Debt
Total Assets $4,021,751
Total Liabilities $2,218,673
Net Assets $1,803,078
Club or Co-Op Income
Initiation Fees & Contributions $187,435
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Sam Bessey (Executive Director) $159,269 $0 $7,130
Benton Dodd (Board Member) $0 $0 $0
David O Woodruff (Board Member) $0 $0 $0
James Haltom (Chairman) $0 $0 $0
James Van Dyke (Vice Chairman) $0 $0 $0
John S Logan (Board Member) $0 $0 $0
John Simpson (Board Member) $0 $0 $0
Kurt Wells (Board Member) $0 $0 $0
Mark G Day (Board Member) $0 $0 $0
Matthew Ferdenzi (Board Member) $0 $0 $0
Max E D Rubin (Board Member) $0 $0 $0
Michael Tobin (Board Member) $0 $0 $0
Verne G Istock (Board Member) $0 $0 $0
Walt Nicholas (Board Member) $0 $0 $0
Robert C Matthews (Board Member) $0 $0 $0
Michael Gustafson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,578,027
Expenses
$1,743,123
Net Income
-$165,096
Net Assets
$1,813,224
Notable Sources of Revenue Percent of Total Revenue
Contributions $396,710
25.1%
Program Services $896,491
56.8%
Investment Income $3,023
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income -$94,501
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $376,304
23.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $168,400
9.7%
Professional Fundraising Fees $0
Other Salaries and Wages $375,673
21.6%
Assets/Debt
Total Assets $3,997,976
Total Liabilities $2,184,752
Net Assets $1,813,224
Club or Co-Op Income
Initiation Fees & Contributions $166,045
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Sam Bessey (Executive Director) $133,521 $0 $12,172
Verne G Istock (Board Member) $0 $0 $0
Walt Nicholas (Board Member) $0 $0 $0
James Van Dyke (Vice Chairman) $0 $0 $0
Benton Dodd (Board Member) $0 $0 $0
Kurt Wells (Board Member) $0 $0 $0
Michael Tobin (Board Member) $0 $0 $0
James Haltom (Chairman) $0 $0 $0
Steve Rickmeier (Board Member) $0 $0 $0
William Wrightsman (Board Member) $0 $0 $0
John Simpson (Board Member) $0 $0 $0
John S Logan (Board Member) $0 $0 $0
David O Woodruff (Board Member) $0 $0 $0
Max E D Rubin (Board Member) $0 $0 $0
Mark G Day (Board Member) $0 $0 $0
Matthew Ferdenzi (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,084,104
Expenses
$1,133,808
Net Income
-$49,704
Net Assets
$1,972,727
Notable Sources of Revenue Percent of Total Revenue
Contributions $106,265
9.8%
Program Services $850,289
78.4%
Investment Income $6,016
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income -$112,597
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $234,131
21.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $114,154
10.1%
Professional Fundraising Fees $0
Other Salaries and Wages $289,774
25.6%
Assets/Debt
Total Assets $3,333,079
Total Liabilities $1,360,352
Net Assets $1,972,727
Club or Co-Op Income
Initiation Fees & Contributions $192,056
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Sam Bessey (Executive Director) $113,154 $0 $2,421
Verne G Istock (Board Member) $0 $0 $0
William C Bode (Board Member) $0 $0 $0
James Van Dyke (Vice Chairman) $0 $0 $0
Paul Wright Jr (Board Member) $0 $0 $0
Dennis Whitfield (Board Member) $0 $0 $0
Michael D Carlson (Treasurer) $0 $0 $0
Kurt Wells (Board Member) $0 $0 $0
Michael Going (Board Member) $0 $0 $0
Omaid Razzaq (Board Member) $0 $0 $0
James Haltom (Chairman) $0 $0 $0
Steve Rickmeier (Board Member) $0 $0 $0
William Wrightsman (Board Member) $0 $0 $0
Jordan Richardson (Board Member) $0 $0 $0
Taylor Ott (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,058,046
Expenses
$1,114,672
Net Income
-$56,626
Net Assets
$2,027,587
Notable Sources of Revenue Percent of Total Revenue
Contributions $78,075
7.4%
Program Services $744,744
70.4%
Investment Income $1,895
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income -$49,933
Net Fundraising $0
Sales of Assets -$185
Net Inventory Sales $0
Other Revenue $283,450
26.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $106,712
9.6%
Professional Fundraising Fees $0
Other Salaries and Wages $309,577
27.8%
Assets/Debt
Total Assets $3,328,162
Total Liabilities $1,300,575
Net Assets $2,027,587
Club or Co-Op Income
Initiation Fees & Contributions $164,220
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Sam Bessey (Executive Direc) $99,600 $0 $6,185
Dr Daniel B Ahlberg (Board Member) $0 $0 $0
Verne G Istock (Board Member) $0 $0 $0
Andrew J Dewing (Board Member) $0 $0 $0
William C Bode (Board Member) $0 $0 $0
James Van Dyke (Board Member) $0 $0 $0
Paul Wright Jr (Board Member) $0 $0 $0
Dennis Whitfield (Vice Chairman) $0 $0 $0
Michael D Carlson (Treasurer) $0 $0 $0
Kurt Wells (Board Member) $0 $0 $0
Michael Going (Board Member) $0 $0 $0
Omaid Razzaq (Board Member) $0 $0 $0
James Haltom (Board Member) $0 $0 $0
Steve Rickmeier (Chairman) $0 $0 $0
William Wrightsman (Board Member) $0 $0 $0
Jordan Richardson (Board Member) $0 $0 $0
Taylor Ott (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,155,316
Expenses
$1,112,440
Net Income
$42,876
Net Assets
$2,083,746
Notable Sources of Revenue Percent of Total Revenue
Contributions $95,182
8.2%
Program Services $799,212
69.2%
Investment Income $2,870
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income -$14,266
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $272,318
23.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $96,577
8.7%
Professional Fundraising Fees $0
Other Salaries and Wages $260,732
23.4%
Assets/Debt
Total Assets $3,250,337
Total Liabilities $1,166,591
Net Assets $2,083,746
Club or Co-Op Income
Initiation Fees & Contributions $201,286
Income From Public Use of Club Facilities $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,015,289
Expenses
$1,089,317
Net Income
-$74,028
Net Assets
$2,036,971
Notable Sources of Revenue Percent of Total Revenue
Contributions $143,887
14.2%
Program Services $614,492
60.5%
Investment Income $1,907
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income -$64,060
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $319,063
31.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $102,500
9.4%
Professional Fundraising Fees $0
Other Salaries and Wages $255,374
23.4%
Assets/Debt
Total Assets $2,994,689
Total Liabilities $957,718
Net Assets $2,036,971
Club or Co-Op Income
Initiation Fees & Contributions $157,175
Income From Public Use of Club Facilities $0

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$951,014
Expenses
$845,083
Net Income
$105,931
Net Assets
$2,107,060
Notable Sources of Revenue Percent of Total Revenue
Contributions $72,850
7.7%
Program Services $595,562
62.6%
Investment Income $2,547
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $36,254
3.8%
Net Fundraising $0
Sales of Assets -$143
Net Inventory Sales $0
Other Revenue $243,944
25.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $89,141
10.5%
Professional Fundraising Fees $0
Other Salaries and Wages $221,520
26.2%
Assets/Debt
Total Assets $2,943,222
Total Liabilities $836,162
Net Assets $2,107,060
Club or Co-Op Income
Initiation Fees & Contributions $138,570
Income From Public Use of Club Facilities $0

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$914,136
Expenses
$812,700
Net Income
$101,436
Net Assets
$2,004,400
Notable Sources of Revenue Percent of Total Revenue
Contributions $84,051
9.2%
Program Services $603,950
66.1%
Investment Income $754
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $4,603
0.5%
Net Fundraising $0
Sales of Assets $233
0.0%
Net Inventory Sales $0
Other Revenue $220,545
24.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $99,000
12.2%
Professional Fundraising Fees $0
Other Salaries and Wages $174,917
21.5%
Assets/Debt
Total Assets $2,862,774
Total Liabilities $858,374
Net Assets $2,004,400
Club or Co-Op Income
Initiation Fees & Contributions $118,210
Income From Public Use of Club Facilities $0

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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