Zeta Psi Alumni Association

“The zeta psi alumni association is comprised of individual members who graduated from the university of california at berkeley and had been members of the zeta psi fraternity during their time in college.”

“Members elect the board of directors.”

“The members rely on the president and the board to run the operations and daily activities of the association. On occasion, some decisions must be ratified by the membership as a whole.”

“The board reviews the preparation of the form 990 prior to its submission to the tax authorities.”

“Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a. Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining. B. Whether partnerships, joint ventures, and arrangements with management organizations conform to the organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.”

“The organization makes available its governing documents and financial statements to the public upon request.”

“Zeta psi alumni association po box 746 ross, ca 94957 employer identification number: 94-6085814 for the year ending june 30, 2024 zeta psi alumni association is making the de minimis safe harbor election under reg. Sec. 1.263(a)-1(f).”