2026-05-04T18:24:03-05:00 2024-06-30 352102008 CNA TAX PROFESSIONALS INC 10475 CROSSPOINT BOULEVARD SUITE 200 INDIANAPOLIS IN 46256 990 2023-07-01 056013135 THE PSI UPSILON FOUNDATION INC PSIU 3175711833 8250 HAVERSTICK ROAD 250 INDIANAPOLIS IN 46240 JOHN FH ONG TREASURER 3175711833 2026-05-04 1 1 CAMI DEMAREE CPA P00742922 3178413393 2026-05-04 2023 2025-03-06 01:10:19Z X ALEXANDER C SENCHAK 8250 HAVERSTICK ROAD 250 INDIANAPOLIS IN 46240 917495 0 X WWW.PSIU.ORG X 1958 IN PROVIDES VALUE BASED LEADERSHIP DEVELOPMENT OPPORTUNITIES AND SCHOLARSHIPS FOR MEMBERS. 11 11 4 50 0 0 487040 387832 0 0 46986 113710 0 2161 534026 503703 92435 102633 0 0 226617 248882 0 0 176834 318280 317574 637332 669089 -103306 -165386 2384126 2616666 69577 309795 2314549 2306871 X THE PSI UPSILON FOUNDATION PROVIDES VALUE BASED LEADERSHIP DEVELOPMENT OPPORTUNITIES, CHARACTER-BUILDING EXPERIENCES AND PERSONAL DEVELOPMENT THROUGH EXPERIENTIAL LEARNING, EDUCATIONAL PROGRAMS AND PARTICIPATION IN SELF-GOVERNANCE. THE FOUNDATION PROVIDES MERIT AND NEED BASED SCHOLARSHIPS TO MEMBERS WHO HAVE DEMONSTRATED A COMMITMENT TO MORAL, INTELLECTUAL, AND SOCIAL EXCELLENCE. 0 0 289763 57041 EDUCATIONAL PROGRAMMING PROVIDED BY THE FOUNDATION TO UNDERGRADUATE MEMBERS OF PSI UPSILON FRATERNITY. ALL CONVENTION DELEGATES AT THE ANNUAL LEADERSHIP INSTITUTE WHICH FEATURED SESSIONS OF LEADERSHIP SKILLS AND ORGANIZATIONAL MANAGEMENT. PROFESSIONAL STAFF MAKE ON CAMPUS VISITS AND ARE AVAILABLE FOR CONSULTATION VIA TELEPHONE OR E-MAIL THROUGHOUT THE YEAR. 45592 45592 GRANTS TO PSI UPSILON FRATERNITY TO SUPPORT ITS EDUCATIONAL PROGRAMS AT THE CHAPTER LEVEL. EVERY CHAPTER OF PSI UPSILON FRATERNITY RECEIVED AT LEAST ONE VISIT FROM A PROFESSIONAL STAFF MEMBER. EACH VISIT INCLUDED INSTRUCTION ON CIVIC RESPONSIBILITY, MANAGEMENT OF HUMAN RESOURCES, COMMUNITY SERVICE, FINANCIAL AND RISK MANAGEMENT, EFFECTIVE COMMUNICATION, AND ELIMINATIONS OF DRUG AND ALCOHOL ABUSE AND SEXUAL ASSAULTS. THE CHAPTER PRESIDENT FROM EACH ACTIVE CHAPTER OF PSI UPSILON FRATERNITY WAS INVITED TO A WEEKEND PROGRAM (THE PSI UPSILON ARCHON'S ACADEMY) TO LEARN ADDITIONAL SKILLS IN LEADERSHIP, DELEGATION, CONFLICT RESOLUTION, PARLIAMENTARY PROCEDURE, TIME MANAGEMENT, RISK MANAGEMENT, AND CONSENSUS BUILDING. 335355 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 9 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IN AK AR CA CT FL GA HI IL KS KY ME MD MA MI MN MS NH OK NJ NM NY NC OR PA RI TN UT VA WV WI X BETHANN TAYLOR 3175711833 8250 HAVERSTICK ROAD 250 INDIANAPOLIS IN 46240 X ALEXANDER C SENCHAK CHAIR AND PRESIDENT 2.00 X X 0 0 0 MATTHEW JOHN ECKENRODE VICE CHAIRMAN 2.00 X X 0 0 0 J MARTIN BRAYBOY SECRETARY 2.00 X X 0 0 0 JOHN F H ONG TREASURER 2.00 X X 0 0 0 PATRICK J GILRANE CHAIRMAN EMERITUS 2.00 X 0 0 0 GARY G PAN DIRECTOR 2.00 X 0 0 0 GARRETT W GLEIM DIRECTOR 2.00 X 0 0 0 LAWRENCE D RAKERS DIRECTOR 2.00 X 0 0 0 DOUGLAS M JACKMAN DIRECTOR 2.00 X 0 0 0 JAMES T VOLPENTEST DIRECTOR 2.00 X 0 0 0 JENNIFER M ROPER DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 387832 387832 61220 61220 466282 413792 52490 52490 52490 OTHER REVENUE 900099 2161 2161 2161 503703 0 0 115871 45592 45592 57041 57041 214011 100382 71858 41771 2731 1281 917 533 16502 7740 5541 3221 15638 7335 5251 3052 10267 7793 2474 29530 22414 7116 132 132 2808 2131 677 71605 27035 8903 35667 38245 4507 6269 27469 29071 11152 17919 96882 65227 2100 29555 776 776 4250 4250 OTHER EXPENSES 18258 8063 646 9549 BAD DEBTS 15750 15750 669089 335355 156900 176834 83699 28582 68609 98085 6548 9221 4975 1785 3966 3190 2188562 2191628 30674 8616 279412 2384126 2616666 69577 59295 0 250500 69577 309795 X 319447 -6535 1995102 2313406 2314549 2306871 2384126 2616666 -165386 174869 -17161 0 X 0 1 X 1 0 X 297060 489794 381676 487040 387832 2043402 297060 489794 381676 487040 387832 2043402 296021 1747381 33767 40680 51803 46986 61086 234322 2161 2161 2279885 0.76640 0.79660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2019704 41635 287680 102633 22963 28223 2195200 1757983 180761 178220 97260 2019704 1946879 114596 -190883 112609 1757983 1536895 171183 366731 127930 1946879 1464187 48921 95347 41250 30310 1536895 0.15000 0.85000 0 0 4975 1785 3190 3190 DEPOSITS 8616 RIGHT-OF-USE LEASE ASSET 246192 DIGITAL ASSETS 24604 279412 RIGHT-OF-USE LEASE LIABILITY 246192 OTHER LIABILITIES 4308 250500 X 678440 174869 174869 503571 132 132 503703 668957 0 668957 132 132 669089 PART X, LINE 2: THE FOUNDATION RECOGNIZES A TAX BENEFIT ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. THE FOUNDATION HAS EXAMINED THIS ISSUE AND HAS DETERMINED THERE ARE NO MATERIAL CONTINGENT TAX LIABILITIES. 1 PSI UPSILON FRATERNITY 1389 W 86TH STREET 345 INDIANAPOLIS IN 46260 352074015 501(C)(7) 45592 0 EDUCATIONAL PROGRAMS SCHOLARSHIPS 21 57041 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS A COMMITTEE OF FIVE MEMBERS REVIEWS SCHOLARSHIP APPLICATIONS, WHICH INCLUDE OFFICIAL TRANSCRIPTS AND THREE LETTERS OF RECOMMENDATION. THE COMMITTEE MAKES RECOMMENDATIONS TO THE BOARD OF DIRECTORS AS TO THE RECIPIENTS AND AMOUNTS OF THE AWARDS. THE BOARD REVIEWS THE RECOMMENDATIONS AND APPROVED THE REPORT IF APPROPRIATE. RECIPIENTS MUST VERIFY IN WRITING THAT THEIR GRANTS WERE USED FOR TUITION AND FOR EXCLUSIVELY OTHER EDUCATION EXPENSES. FOR TEXTBOOK GRANTS, THE STAFF REVIEWS BOOKSTORE RECIEPTS TO ENSURE THE FUNDS WERE USED FOR EXCLUSIVELY EDUCATIONAL PURPOSES. FOR GRANTS TO PSI UPSILON FRATERNITY, A SUMMARY AND ACCOUNTING OF EXPENSES FOR EACH GRANT IS RECIEVED AND REVIEWED BY THE FOUNDATION BOARD. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS INCLUDE DELEGATES TO THE CONVENTION, EXECUTIVE COUNCIL VOTING MEMBERS, ALUMNI ADVISORY BOARD MEMBERS, CHAPTER ALUMNI PRESIDENTS AND THE FOUNDATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ARE DEFINED IN QUESTION VI LINE 6 ABOVE, AND ARE ELECTED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 11B PSI UPSILON FOUNDATION'S FORM 990 AND ALL RELATED SCHEDULES, STATEMENTS AND ATTACHMENTS ARE REVIEWED BY THE PRESIDENT AND THE BOARD OF DIRECTORS PRIOR TO FINALIZING AND FILING THESE TAX RETURNS WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C PSI UPSILON FOUNDATION ANNUALLY REQUESTS EACH OFFICER AND MEMBER OF THE BOARD OF DIRECTORS TO COMPLETE A CONFLICT OF INTEREST POLICY QUESTIONNAIRE. THE POLICY INCLUDES STATEMENTS REGARDING OTHER EMPLOYMENT, BEING RELATED TO ANYONE ON THE BOARD AND OTHER SITUATIONS THAT MAY CREATE AN APPEARANCE OF A POTENTIAL INDEPENDENCE ISSUE. THE IDENTIFICATION, EVALUATION AND RESOLUTION OF THOSE ISSUES ARE DISCUSSED WITH THE APPROPRIATE LEVEL OF MANAGEMENT OR MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15A PSI UPSILON FOUNDATION'S BOARD OF DIRECTORS DETERMINE AND SET THE PRESIDENT'S COMPENSATION RATES, WHICH ARE BASED ON PERIODIC THOROUGH REVIEWS OF ALL RELATED ISSUES, SALARY SURVEYS, CONSULTATION WITH INDEPENDENT PERSONS, REVIEW OF COMPARABLE DATA AND DELIBERATION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS, AS APPLICABLE, AVAILABLE TO THE PUBLIC BY APPOINTMENT WITH THE PRESIDENT AND CEO. THE FOUNDATION'S INFORMATION IS ALSO AVAILABLE VIA THE INTERNET. AMENDED FORM 990, SCHEDULES THE RETURN IS BEING AMENDED TO REFLECT THE MOST RECENT AUDIT OF THE FISCAL YEAR. THE FOLLOWING FORMS CONTAIN AMENDMENTS: FORM 990 ALONG WITH THE SCHEDULES CONTAIN AMENDMENTS. PSI UPSILON FRATERNITY 1389 W 86TH ST 345 INDIANAPOLIS IN 46260 352074015 LEADERSHIP IN 501(C)(7) N/A 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0