New York St Capital Dist Ass of Zeta Psi Inc
Public records raise at least one point you should look into before giving.
What it says it does
Own and operate the Zeta Psi Fraternity chapter house near Rensselaer Polytechnic Institute, Troy, NY, for the benefit of student and alumni members. Assist RPI in the educational and professional growth of students. Maintain the lifelong fellowship of members for personal enjoyment and for the opportunity to benefit new generations of students.
- Income
- $257,176
- Spending
- $191,600
- Employees
- 0
- Volunteers
- 25
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $126,633 spent. Provide residential, dining, and social space for college student members (721310).
- $48,004 spent. Provide dedicated educational, athletic, and study space for resident and non-resident student members. Assist student and alumni members to attend educational lectures and seminars. Recognize outstanding student achievement. With the assets of the organization acting as an endowment, these educational activities were supported in large part by the investment income, all of which was absorbed by them. (611710)
- $2,143 spent. Hold annual reunion and corporate membership meeting adapting to pandemic control regulations. Conduct association business through monthly meetings of the Board of Directors (by Zoom) and comparable meetings of selected committees. Distribute a newsletter through mail and online. The annual meeting with social events was held in person for the second year after two years of electronic substitutes. (813410).
- $14,820 spent. Other expenses include office expense, payments to affiliates, travel, and other expenses
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(7) social or recreational club.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(7) social or recreational club as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending May 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 1984.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.