Theta Xi Fraternity
- Assets
- $18.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Peoria, IL
- Founding
- 12/1940
- Data as of
- 12/2023
- EIN
- 37-6075227
Organization Overview
Theta Xi Fraternity is located in Peoria, IL. 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 Xi Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Theta Xi Fraternity generated $108.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $113.0k during the year ending 12/2023. While expenses have increased by 4.6% per year over the past 5 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 |
|---|---|---|---|
Kyle Richardson President | 15 | $0 | |
Andre Isola Vice President | 5 | $0 | |
Joseph Traskaski Treasurer | 10 | $0 | |
Harvey Newcomb Secretary | 2 | $0 | |
Hunter Bent Scholarship Chairman | 2 | $0 | |
Nathaniel Davison House Manager | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $108,069 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $108,069 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $38,739 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $74,242 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $112,981 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,718 |
| Other assets | $0 |
| Total assets | $18,718 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,718 |