Theta Chi Fraternity Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 210577978 ✦ Carmel, IN ✦ Designated as a 501(c)(7)

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Overview

What is Theta Chi Fraternity Inc?

Theta Chi Fraternity Inc, established in New York, serves as a fraternal organization with a primary goal of fostering camaraderie among its members while promoting mutual assistance and charitable work. With a strong commitment to education, the fraternity assists deserving young men in pursuing higher education and encourages academic excellence among its members. Furthermore, Theta Chi Fraternity Inc extends aid to those in need, promotes good citizenship, and nurtures civic leaders. The fraternity's mission also includes instilling honor, charity, tolerance, and patriotism in its members and beyond. One of their unique initiatives, The Initiative Academy, provides an immersive leadership experience for emerging leaders, engaging them in team-oriented exercises for significant learning and growth. This nonprofit organization is based in Carmel, Indiana, with a staff of 35 individuals.


Official website here: www.thetachi.org

Is Theta Chi Fraternity Inc legitimate?

Theta Chi Fraternity Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Theta Chi Fraternity Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $416,221
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,653,311

For more financial information, click here


Official website here: www.thetachi.org

What is the mission statement of Theta Chi Fraternity Inc?

The mission of Theta Chi Fraternity Inc is centered around establishing, maintaining, and promoting the welfare of its fraternal order, known as Theta Chi Fraternity. The primary objectives of this fraternity include providing mutual benefit and assistance to its members, fostering closer bonds among them, offering support to members' dependents in times of need, and assisting deserving young men in obtaining higher education. Furthermore, the fraternity encourages high scholastic achievement among its members, extends charity to those in need, promotes good citizenship, and develops civic leaders. It strives to instill and extend the highest ideals of honor, charity, tolerance, and true patriotism throughout the land.


Official website here: www.thetachi.org

Who is the CEO of Theta Chi Fraternity Inc?

Michael Mayer is the Executive Director of Theta Chi Fraternity Inc.


Official website here: www.thetachi.org

What is the revenue of Theta Chi Fraternity Inc?

Theta Chi Fraternity Inc's revenue in 2022 was $5,783,656.


Official website here: www.thetachi.org

Who are the executives of Theta Chi Fraternity Inc and what are their salaries?

The average compensation at Theta Chi Fraternity Inc during 2022 was $59,129. There are 35 employees and 50 volunteers at Theta Chi Fraternity Inc.


Here are 12 key members and their salaries:


Darick H Brown (International President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Creig L Andreasen (International Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad R Strelow (International Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herbert W Morgan Iii (International Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tobin B Roth (International Chaplain)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas N Thompson (International Counselor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan B Copeland (International Marshal)
  • Compensation: $0
  • Related: $0
  • Other: $0
James J Mcmahon (International Historian)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mayer (Executive Director)
  • Compensation: $205,625
  • Related: $0
  • Other: $19,856
Jim Powell (Associate Exec. Dir.)
  • Compensation: $152,000
  • Related: $0
  • Other: $17,018
John Berghoff (Chief Development Officer)
  • Compensation: $122,000
  • Related: $0
  • Other: $8,018
Ray Vanlanot (Chief Operating Officer)
  • Compensation: $104,500
  • Related: $0
  • Other: $15,218


Official website here: www.thetachi.org

Where can I find the form 990 for Theta Chi Fraternity Inc?

Theta Chi Fraternity Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thetachi.org

Learn more at the official website: www.thetachi.org

Mission Statement of Theta Chi Fraternity Inc

Theta Chi Fraternity Inc, a fraternal organization, is dedicated to promoting the well-being and mutual assistance of its members. Its primary objectives include fostering closer bonds among its members, providing mutual assistance during their lives and after their demise to their dependents, and aiding deserving young men in pursuing higher education. The fraternity also emphasizes high scholastic achievement and extends charity to those in need. Moreover, Theta Chi Fraternity Inc encourages good citizenship and cultivates civic leaders. It strives to instill and propagate throughout the nation the highest ideals of honor, charity, tolerance, and true patriotism. Overall, Theta Chi Fraternity Inc aims to uplift its members and contribute positively to society.

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Impact




October, 2024

Theta Chi Fraternity Inc. plays a significant role in fostering personal growth and leadership development among its members. By promoting close bonds and mutual assistance, the organization ensures that members support one another throughout their lives, creating a strong network of camaraderie and shared values.

One of the key initiatives is the Initiative Academy, which is designed to reshape emerging leaders within the fraternity. Unlike traditional learning environments, this immersive program encourages active participation through team-oriented exercises, allowing members to experience leadership challenges firsthand. Participants leave with not only enhanced leadership skills but also a deepened commitment to the fraternity's core values.

Additionally, Theta Chi Fraternity Inc. emphasizes the importance of education by assisting deserving young men in pursuing higher education and fostering high scholastic achievement among its members. The fraternity’s focus on good citizenship and charity extends beyond its immediate community, promoting civic responsibility and instilling ideals of honor and tolerance. Through these efforts, Theta Chi Fraternity Inc. creates a lasting impact, shaping not just individual lives but also contributing positively to society as a whole.




This information is meant to be a general summary of Theta Chi Fraternity Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$5,783,656 (2022)
Expenses
$9,661,080 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,749
  • Program Service Revenue: $4,941,053
  • Gross Receipts: $5,791,519

Assets and Liabilities:

  • Total Assets: $2,675,472
  • Total Liabilities: $1,004,825
  • Net Assets: $1,670,647

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$3,952,549

REGISTRATION FEES

Revenue

$431,335

FC ADMINISTRATION

Revenue

$348,475

NHC ADMINISTRATION

Revenue

$208,694

Organization Details

Founding Year

1856

Principal Officer

Michael Mayer

Main Address

865 W CARMEL DRIVE, CARMEL, IN, 46032

NTEE Category

Code: B83 - Education

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