Delta Chi Corporation
- Assets
- $302.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 09/2002
- Data as of
- 12/2023
- EIN
- 41-0964650
Organization Overview
Delta Chi Corporation is located in Minneapolis, MN. The organization was established in 2002. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Delta Chi Corporation is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Delta Chi Corporation generated $95.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $108.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDES UNDERGRADUATE FRATERNITY HOUSING FOR THE MNCHAPTER OF DELTA CHI FRATERNITY AT THE UNIVERSITY OF MINNESOTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hans Okerstrom President | 1 | $0 | |
Chris Kansan Vice-President | 1 | $0 | |
JD Spangler Secretary | 1 | $0 | |
Zev Radziwill Housing Operations Director | 2 | $0 | |
Ryan Betz Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,553 |
| Total Program Service Revenue | $82,775 |
| Membership dues | $0 |
| Investment income | $75 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,403 |
| 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 | $3,351 |
| Occupancy, rent, utilities, and maintenance | $55,057 |
| Printing, publications, postage, and shipping | $561 |
| Other expenses | $49,690 |
| Total expenses | $108,659 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,037 |
| Other assets | $0 |
| Total assets | $302,576 |
| Total liabilities | $12,027 |
| Net assets or fund balances | $290,549 |