Delta Chi Fraternity
- Assets
- $35.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corvallis, OR
- Founding
- 02/1972
- Data as of
- 03/2018
- EIN
- 93-0388552
Organization Overview
Delta Chi Fraternity is located in Corvallis, OR. The organization was established in 1972. 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. Delta Chi Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 03/2018, Delta Chi Fraternity generated $185.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $167.9k during the year ending 03/2018. While expenses have increased by 9.0% per year over the past 3 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 |
|---|---|---|---|
Chuck Toombs President | 5 | $0 | |
Pat Ostrom Treasurer | 5 | $0 | |
Nels Walter Scholarship | 5 | $0 | |
Ferdinand Pongratz President | 5 | $0 | |
Jeffery Lofurno Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,735 |
| Total Program Service Revenue | $183,681 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $185,420 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,029 |
| Professional fees and other payments to independent contractors | $15,200 |
| Occupancy, rent, utilities, and maintenance | $110,015 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,660 |
| Total expenses | $167,904 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,089 |
| Other assets | $0 |
| Total assets | $35,089 |
| Total liabilities | $13,000 |
| Net assets or fund balances | $22,089 |