Theta Chi Fraternity Inc is located in Hamilton, NY. The organization was established in 1966. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports 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 06/2024, Theta Chi Fraternity Inc generated $106.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $55.2k during the year ending 06/2024. While expenses have increased by 5.2% per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
RESPONSIBILITIES INCLUDE ADMINISTRATION OF DAILY OPERATIONS OF THE CHAPTER AS WELL AS MANAGEMENT OF FUNDS REQUIRED TO PAY ANNUAL OPERATING EXPENSES. THESE ACTIVITIES ARE CONSISTENT WITH THE ORGANIZATIONS EXEMPT PURPOSE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charlie Liebschutz President | 0 | $0 | |
Chris Balestra Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $105,370 |
Total Program Service Revenue | $847 |
Membership dues | $0 |
Investment income | $182 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $106,399 |
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 | $1,585 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $53,629 |
Total expenses | $55,214 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $110,389 |
Other assets | $0 |
Total assets | $110,389 |
Total liabilities | $0 |
Net assets or fund balances | $110,389 |