Chi Phi Fraternity Inc

“The organization membership includes current fraternity brothers and alumni.”

“The chi phi congress is the supreme governing body of chi phi fraternity. It is composed of two voting delegates from each active chapter, one voting delegate from each alumni association and one non-voting delegate from each alumni club. Congress meets annually, conducts its own business, and elects its own officers.”

“Changes in member fees and annual budget must be approved at the chi phi congress annual meeting.”

“After a draft version of the form 990 has been prepared, the draft is sent to the grand council. Members discuss any issues or concerns they may have with the draft form 990. Once approved, the preparer is notified and authorized to prepare the final version of the form 990. The final form 990 is signed by an officer and filed with the irs.”

“Grand council members must complete the conflict of interest form annually acknowledging that no conflicts of interest exist. The fraternity acts appropriately when a conflict is identified by any member of the grand council.”

“The executive director has an annual review and a comparison of similar compensation is performed by the compensation committee. Compensation of the executive director is determined by majority vote of the grand council. Compensation of executive directors of organizations similar in size and activities is used in determining compensation. Performance of the executive director is also considered in determining annual compensation. The executive director determines appropriate compensation for other staff members.”

“This information is made available on the organizaton's website.”

“Expansion: program service expenses 36,597. Management and general expenses 0. Fundraising expenses 0. Total expenses 36,597. Chronicles project: program service expenses 35,845. Management and general expenses 0. Fundraising expenses 0. Total expenses 35,845. Staff development: program service expenses 24,966. Management and general expenses 0. Fundraising expenses 0. Total expenses 24,966. Prof meeting: program service expenses 19,936. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,936. Regional program donation: program service expenses 19,824. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,824. Jewelry, certificates and lodge room: program service expenses 15,809. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,809. Chakett: program service expenses 13,335. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,335. Association dues: program service expenses 12,801. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,801. Alumni development: program service expenses 3,172. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,172. Bad debt expense: program service expenses 0. Management and general expenses 1,005. Fundraising expenses 0. Total expenses 1,005.”

“As of the due date of the organization's form 990, the organization's financial statements had not yet been finalized. Therefore, the form 990 is being filed with preliminary information. Once the final information is available, the form 990 will be amended to reflect any changes.”