Phi Chapter Theta Chi Holding Corportation Theta Chi Alumni, operating under the name Theta Chi Alumni, is located in Fargo, ND. Theta Chi Alumni is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 03/2022, Theta Chi Alumni generated $40.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (22.6%) each year. All expenses for the organization totaled $568.0 during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (45.9%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HOLD TITLE TO AND MAINTAIN A FRATERNITY HOUSE AT NORTH DAKOTA STATE UNIVERSITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOLD TITLE TO AND MAINTAIN A FRATERNITY HOUSE AT NORTH DAKOTA STATE UNIVERSITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Craig E Johnson Vice President | Officer | 0.1 | $0 |
Jim Gompf President | Officer | 0.1 | $0 |
Jason M Gates Sectreasurer | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $16,364 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $16,364 |
Total Program Service Revenue | $0 |
Investment income | $421 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $23,576 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $40,361 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $568 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $568 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $85,926 |
Savings and temporary cash investments | $121,800 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $2,466,133 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,673,859 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $207,726 |
Retained earnings, endowment, accumulated income, or other funds | $2,466,133 |
Total liabilities and net assets/fund balances | $2,673,859 |
Over the last fiscal year, we have identified 1 grants that Phi Chapter Theta Chi Holding Corportation Theta Chi Alumni has recieved totaling $86,174.
Awarding Organization | Amount |
---|---|
Fargo-Moorhead Area Foundation Corporation Fargo, ND PURPOSE: IMPROVEMENTS TO THE EDUCATION COMPONENTS OF THE CHAPTER HOUSE AND GENERAL OPERATIONS | $86,174 |
Organization Name | Assets | Revenue |
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Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |
Logan Health - Shelby Kalispell, MT | $10,902,864 | $9,872,273 |
National Association Of Tax Professionals Inc Appleton, WI | $15,322,195 | $11,606,289 |
Union Pacific Foundation Omaha, NE | $336,276 | $9,519,950 |
Elim Senior Housing Edina, MN | $44,315,672 | $6,405,672 |
Greater Minneapolis Convention & Visitors Association Minneapolis, MN | $9,011,213 | $11,529,520 |
Graceville Health Center Graceville, MN | $5,039,622 | $9,748,613 |
Babinski Foundation Sioux Falls, SD | $69,064,544 | $9,638,668 |
Wyoming Catholic College Lander, WY | $8,783,917 | $10,070,665 |
Sharon S Richardson Community Hospice Inc Sheboygan Falls, WI | $14,309,775 | $11,390,948 |
Morris Health Services Morris, MN | $9,143,705 | $10,207,568 |
La Crosse Area Family Y M C A Inc La Crosse, WI | $28,629,813 | $12,107,335 |