Theta Chi Fraternity Inc is located in Lincoln, NE. The organization was established in 1940. 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 12/2022, Theta Chi Fraternity Inc generated $136.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $167.1k during the year ending 12/2022. While expenses have increased by 8.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 LOCAL SOCIAL FRATERNITY MEMBERS - TOTAL OF 45 MEMBERS FOR THE YEAR.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Michael Beirtzer President (start Oct 22)  | 10 | $0 | |
Kyle Goodban President (end Sept 22)  | 10 | $0 | |
Sam Kelly Vice President (start Oct 22)  | 10 | $0 | |
Marlon Orellana Vice President (end Sept 22)  | 10 | $0 | |
Louis Gilmore Treasurer (start Oct 22)  | 10 | $0 | |
Hayden Retzlaff Treasurer (end Sept 22)  | 10 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $642 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $132,904 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $3,000 | 
| Total Revenue | $136,546 | 
| 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 | $5,671 | 
| Occupancy, rent, utilities, and maintenance | $23,441 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $116,936 | 
| Total expenses | $167,136 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $105,416 | 
| Other assets | $0 | 
| Total assets | $105,416 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $105,416 |