Theta Chi Fraternity Inc is located in Saint Paul, MN. The organization was established in 1966. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Theta Chi Fraternity Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2017, Theta Chi Fraternity Inc generated $51.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $50.1k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
PROVIDED MEALS, HOUSING AND SOCIAL PROGRAMS TO THE LOCAL SOCIAL FRATERNITY MEMBERS - A TOTAL OF 15 MEMBERS FOR THE YEAR
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Young Alumni Relations Chairman | 1 | $0 | |
William Young Assistant Recruitment Chai | 1 | $0 | |
Trenton Johnson Assistant Treasurer | 1 | $0 | |
Mathew Klein Brotherhood Chairman | 1 | $0 | |
Christopher Wojtowicz Chaplain | 1 | $0 | |
Yukai Yang First Guard | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $51,523 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,523 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,478 |
| Occupancy, rent, utilities, and maintenance | $19,215 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,383 |
| Total expenses | $50,076 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,261 |
| Other assets | $0 |
| Total assets | $6,261 |
| Total liabilities | $0 |
| Net assets or fund balances | $6,261 |