Psi Upsilon Fraternity, Omicon Alumni Association in Lockport, Illinois (IL)

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Psi Upsilon Fraternity, Omicon Alumni Association
Employer Identification Number (EIN)376051476
Name of OrganizationPsi Upsilon Fraternity
Secondary NameOmicon Alumni Association
In Care of NameMr Mark G Tallungan
Address1646 East St, Lockport, IL 60441-4551
ActivitiesAlumni association or group, Fraternity or sorority
SubsectionPleasure, Recreational, or Social Club
Ruling Date09/1945
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period08/2012
Assets$500,000 to $999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$678,695
Amount of Income$170,937
Form 990 Revenue Amount$170,937


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Financial snapshot ($)

Revenue for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$170,937
Contributions, Gifts, Grants and Other Similar Amounts$50,622
Program Service Revenue$119,989
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$326
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$102,097
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$102,097
Balance Sheet (for 2012)
Total assets$678,695
Total liabilities$227,360
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$227,359
Unsecured notes and loans payable to unrelated third parties$0
Other$1
Total net assets or fund balances$451,335
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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All affiliated organizations
AffiliationNameAddressStateEstablishedTotal Income
SubordinatePsi Upsilon Fraternity, Omicron Chapter401 E Springfield Avenue, Champaign, IL 61820-5406IL1941-02$356,572
CentralPsi Upsilon Fraternity3003 E 96th St, Indianapolis, IN 46240-1357IN1999-04$496,106
SubordinatePsi Upsilon Fraternity, Theta Theta Chapter1818 Ne 47th St, Seattle, WA 98105-3315WA1945-03$350,013
SubordinatePsi Upsilon Fraternity, Phi Chapter6921 Jackson Rd, Ann Arbor, MI 48103-9106MI1966-09$280,724
SubordinatePsi Upsilon Fraternity, Hesperian Building Association500 Wildwood Dr, East Lansing, MI 48823-3207MI1945-09$259,284
SubordinatePsi Upsilon Fraternity, Pi Trust Association200 E Buffalo St, Ithaca, NY 14850NY1945-09$249,292
SubordinatePsi Upsilon Fraternity, Chi ChapterPO BOX 788, Ithaca, NY 14851-0788NY1945-09$243,459
SubordinatePsi Upsilon Fraternity, Eta Chapter301 Broadway Ste 350, Bethlehem, PA 18015-1559PA1945-09$195,048
SubordinatePsi Upsilon Fraternity, Omicon Alumni Association1646 East St, Lockport, IL 60441-4551IL1945-09$170,937
SubordinatePsi Upsilon Fraternity132 Turnpike Road Suite 100, Southborough, MA 01772MA1945-09$170,649
SubordinatePsi Upsilon Fraternity, Omega Chapter568 W Arlington Pl, Chicago, IL 60614-5917IL1945-09$151,481
SubordinatePsi Upsilon Fraternity, Phi Alumni Corporation6921 Jackson Rd, Ann Arbor, MI 48103-9106MI1945-09$123,780
SubordinatePsi Upsilon Fraternity, Epsilon Iota ChapterPO BOX 367, Troy, NY 12181-0367NY1945-09$34,275
SubordinatePsi Upsilon Fraternity, Epsilon Nu Chapter500 Wildwood Dr, East Lansing, MI 48823-3207MI1945-09$30,445
SubordinatePsi Upsilon Fraternity, Troy Assoc Of New YorkPO BOX 367, Troy, NY 12181-0367NY1945-09$26,749
Number of affiliated organizations
Illinois3
Indiana1
Massachusetts1
Michigan4
New York4
Pennsylvania1
Washington1
Total15

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