Delta Chi Fraternity
- Assets
- $13.3m
- Revenue
- $4.2m
- Investments
- $124.6k
- Employees
- 19
- Location
- Indianapolis, IN
- Founding
- 05/1941
- Data as of
- 06/2021
- EIN
- 42-0212285
Organization Overview
Delta Chi Fraternity is located in Indianapolis, IN. The organization was established in 1941. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 06/2021, Delta Chi Fraternity employed 19 individuals. This organization is a parent organization of 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 06/2021, Delta Chi Fraternity generated $4.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $2.5m during the year ending 06/2021. While expenses have increased by 3.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE DELTA CHI FRATERNITY PROVIDES GREAT ADVANTAGES DERIVED FROM A BROTHERHOOD OF COLLEGE AND UNIVERSITY MEN, APPRECIATING THAT CLOSE ASSOCIATION MAY PROMOTE FRIENDSHIP, DEVELOP CHARACTER, ADVANCE JUSTICE AND ASSIST IN THE ACQUISITION OF A SOUND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEADQUARTERS STAFF AND BOARD. THESE MEN TRAVEL FROM CHAPTER TO CHAPTER TO WORK WITH UNDERGRADUATE MEMBERS OF DELTA CHI FRATERNITY AND TO FACILITATE EXPANSION. THEY ALSO DEVELOP WRITTEN PROGRAMMING THESE AREAS. STAFF AND THE BOARD WORK WITH THE 113 CHAPTERS AND COLONIES.
PRESIDENTS ACADEMY AND REGIONAL LEADERSHIP CONFERENCE. ANNUAL ACADEMY FOR PRESIDENTS OF ALL CHAPTERS AND COSTS ASSOCIATED WITH TRAVELING TO AND FROM REGIONAL LEADERSHIP CONFERENCES FOR OFFICER TRAINING.
LIABILITY INSURANCE, INSURANCE PAYMENTS, AND RISK MANAGEMENT EDUCATION FOR THE CHAPTERS, COLONIES, AND GENERAL FRATERNITY OF DELTA CHI FRATERNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerod Breit Executive Director | Officer | 40 | $131,154 |
Aaron Otto International President | OfficerTrustee | 10 | $0 |
Tom Carroll International Secretary | OfficerTrustee | 10 | $0 |
Ronald Martin International Treasurer | OfficerTrustee | 10 | $0 |
Ben Dundas Regent | Trustee | 5 | $0 |
Max Harper Regent | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $222,866 |
| Investment income | $118,149 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $53,360 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,353,727 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $44,881 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,180,621 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $151,485 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $732,827 |
| Pension plan accruals and contributions | $5,532 |
| Other employee benefits | $67,549 |
| Payroll taxes | $70,005 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,143 |
| Fees for services: Accounting | $27,220 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $43,460 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,643 |
| Office expenses | $74,233 |
| Information technology | $55,959 |
| Royalties | $0 |
| Occupancy | $478,759 |
| Travel | $25,432 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,735 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,450 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,516,842 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,408,152 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $45,872 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,314,973 |
| Inventories for sale or use | $47,708 |
| Prepaid expenses and deferred charges | $55,184 |
| Investments—publicly traded securities | $8,116,035 |
| Investments—other securities | $124,622 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $144,296 |
| Total assets | $13,269,476 |
| Accounts payable and accrued expenses | $462,031 |
| Grants payable | $0 |
| Deferred revenue | $175,658 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $260,001 |
| Total liabilities | $897,690 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $12,371,786 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Delta Chi Fraternity has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Delta Chi Educational Foundation Inc Indianapolis, IN PURPOSE: TO SUPPORT THE DELTA CHI FRATERNITY'S ANNUAL "A'S" ACADEMY | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union League Club Of Chicago Chicago, IL | $26,749,429 | $20,158,030 |
Missouri Athletic Club St Louis, MO | $22,640,194 | $18,091,674 |
Alpha Chi Omega Fraternity Inc Indianapolis, IN | $29,119,055 | $16,507,869 |
Butterfield Country Club Oak Brook, IL | $37,524,568 | $14,281,799 |
University Club Of Chicago Chicago, IL | $40,558,650 | $14,990,991 |
Bellerive Country Club Saint Louis, MO | $30,118,733 | $15,442,843 |
Alpha Chi Omega National Housing Corporation Indianapolis, IN | $68,106,791 | $16,027,721 |
National Association Of Intercollegiate Athletics Kansas City, MO | $12,204,653 | $13,287,204 |
Big Spring Country Club Inc Louisville, KY | $27,849,226 | $12,028,840 |
Westmoreland Country Club Wilmette, IL | $31,536,434 | $12,960,463 |
St Louis Country Club Saint Louis, MO | $23,333,122 | $12,315,220 |
Skokie Country Club Glencoe, IL | $25,480,990 | $12,823,319 |