Theta Chi Fraternity Group is located in Highland Heights, KY. 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 Group is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Theta Chi Fraternity Group generated $74.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $69.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED MEALS, HOUSING AND SOCIAL PROGRAMS FOR THE LOCAL SOCIAL FRATERNITY MEMBERS, TOTOAL OF 70 MEMBERS FOR THE YEAR.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gabe Walnscott President | 5 | $0 | |
Ray Archer Vice President | 5 | $0 | |
Tyler Mullins Treasurer | 3 | $0 | |
Jimi Dutton Secretary | 3 | $0 | |
Zach Linville VP Of Health And Safety | 3 | $0 | |
Joe Poage Head Of Standards | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,155 |
| Total Program Service Revenue | $0 |
| Membership dues | $75,377 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$926 |
| Other Revenue | $0 |
| Total Revenue | $74,910 |
| 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 | $2,064 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50,200 |
| Total expenses | $69,544 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,671 |
| Other assets | $0 |
| Total assets | $12,671 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,671 |