Theta Chi Fraternity Inc
- Assets
- $226.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Buckhannon, WV
- Founding
- 06/1966
- Data as of
- 05/2018
- EIN
- 55-0394972
Organization Overview
Theta Chi Fraternity Inc is located in Buckhannon, WV. 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 05/2018, Theta Chi Fraternity Inc generated $73.1k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $49.4k during the year ending 05/2018. While expenses have increased by 15.9% per year over the past 2 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Mcminn President | 6 | $0 | |
William Fahrner Vice Preside | 4 | $0 | |
Keith Buchanan Treasurer | 4 | $0 | |
Drew Mason Advisor | 2 | $0 | |
Andrew Whitley Secretary | 2 | $0 | |
William Mcminn President | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,751 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $56,377 |
| Total Revenue | $73,128 |
| 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 | $130 |
| Occupancy, rent, utilities, and maintenance | $20,831 |
| Printing, publications, postage, and shipping | $4,532 |
| Other expenses | $23,900 |
| Total expenses | $49,393 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,965 |
| Other assets | $0 |
| Total assets | $226,065 |
| Total liabilities | $27,760 |
| Net assets or fund balances | $198,305 |