OMICRON ALUMNI ASSOCIATION

EIN: 376051476

SAVOY, IL

Total Revenue
$288,797
Total Expenses
$252,830
Total Assets
$701,832
Net Assets
$502,325
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1910
Legal Domicile
IL
Principal Officer
Gerry Murray
Phone
7737911649
Tax Period
2024-09-01 to 2025-08-31

PSI UPSILON CORPORATION, founded in 1910, is a small nonprofit that reported $154K in total revenue in fiscal year 2017. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $197K exceeded revenue, resulting in a 28% operating deficit.

Mission

PROVIDE I ROOM AND BOARD FOR LIVE-IN MEMBERS OF PIS UPSILON SOCIAL FRATERNITY AT THE UNIVERSITY OF ILLINOIS CHAMPAIGN URBANA ILLINOIS CAMPUS AND II A VENUE FOR SOCIAL ACTIVITIES SPONSORED BY THE PSI UPSILON SOCIAL FRATERNITY FOR ITS LIVE-IN AND OUT-OF-HOUSE MEMBERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $161,993
Program Service Revenue $126,804
Investment Income $0
Other Revenue $0
TOTAL REVENUE $288,797

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $252,828
Other Expenses $252,830
TOTAL EXPENSES $252,830

Year-over-Year Comparison

2024 2023 Change
Revenue $288,797 $307,165 -0.1%
Expenses $252,830 $431,308 -0.4%
Net Income $35,967 $-124,143 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gerry Murray President 5.00
Officer Director
$0 $0 $0
Mark Tullungan External Vice President 5.00
Officer Director
$0 $0 $0
Jared Simpkins Treasurer 5.00
Officer Director
$0 $0 $0
Mark Deming Secretary 1.00
Officer Director
$0 $0 $0
Justin Kuehlthau Board Member 5.00
Director
$0 $0 $0
Mark Bittner Board Member 0.00
Director
$0 $0 $0
Brandon Burd Board Member 0.00
Director
$0 $0 $0
Bret Coale Board Member 0.00
Director
$0 $0 $0
Matt DalSanto Board Member 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $288,797 $252,830 $701,832 $35,967
2024 $307,165 $431,308 $730,395 $-124,143
2023 $200,957 $178,963 $814,875 $21,994
2022 $214,920 $255,478 $765,756 $-40,558
2021 $242,451 $245,163 $808,032 $-2,712
2020 $146,771 $140,731 $719,056 $6,040
2019 $154,104 $143,101 $701,728 $11,003
2018 $154,399 $197,077 $718,230 $-42,678
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