Overview
What is Theta Chi Corporation?
Theta Chi Corporation is a nonprofit organization headquartered at 4755 Trails End Rd, Bettendorf, Iowa 52722. Their primary mission is to manage and maintain a residence for the Theta Chi fraternity chapter at Iowa State University in Ames, Iowa. By owning and maintaining this house, they provide a supportive environment for the members of this fraternity, contributing to their educational and social experiences. With a dedicated workforce of one individual, Theta Chi Corporation plays an essential role in fostering the Theta Chi fraternity's presence and activities at Iowa State University.
Is Theta Chi Corporation legitimate?
Theta Chi Corporation is a legitimate nonprofit organization registered as a 501(c)(2) entity. Theta Chi Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,000
For more financial information, click here
What is the mission statement of Theta Chi Corporation?
The mission of Theta Chi Corporation is centered around providing support to the Theta Chi fraternity chapter at Iowa State University. Specifically, their primary objective is to own and maintain a house that serves as a base for this fraternity chapter. The corporation's role extends to the operation and upkeep of this house, ensuring it is well-maintained for the use of the Theta Chi members at Iowa State University.
Who is the CEO of Theta Chi Corporation?
Ted Hovda is the President of Theta Chi Corporation.
What is the revenue of Theta Chi Corporation?
Theta Chi Corporation's revenue in 2022 was $264,069.
Who are the executives of Theta Chi Corporation and what are their salaries?
The average compensation at Theta Chi Corporation during 2022 was $3,000. There is 1 employee at Theta Chi Corporation.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Theta Chi Corporation?
Theta Chi Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Theta Chi Corporation
Theta Chi Corporation, as an organization, is dedicated to maintaining a house that serves as a supportive base for the Theta Chi fraternity chapter at Iowa State University. This mission involves owning and preserving the property, ensuring it operates effectively and remains in good condition for the benefit of the fraternity members. Theta Chi Corporation's primary role is to manage and maintain this house, providing a conducive environment for the fraternity chapter in Ames, Iowa.
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Impact
October, 2024
Theta Chi Corporation plays a vital role in supporting the Theta Chi Fraternity chapter at Iowa State University by owning and maintaining a dedicated house for its members. This residence not only provides a physical space for fraternity activities but also fosters community and camaraderie among the brothers.
By ensuring that the house is well-operated and maintained, Theta Chi Corporation enhances the fraternity experience, allowing members to engage in leadership development, friendship, and service. The presence of a stable and supportive environment facilitates personal growth and community improvement initiatives, ultimately enriching both the fraternity and the university community in Ames, Iowa.
This information is meant to be a general summary of Theta Chi Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $223
- Program Service Revenue: $258,324
- Gross Receipts: $264,069
Assets and Liabilities:
- Total Assets: $629,891
- Total Liabilities: $0
- Net Assets: $629,891
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$212,139
ALUMNI WEEKEND
Revenue
$36,360
SECURITY DEPOSIT
Revenue
$7,864
REIMBURSEMENT-FRATERNITY
Revenue
$1,961
Organization Details
Phone
(563) 508-4955Principal Officer
Ted Hovda
Main Address
4755 TRAILS END RD, BETTENDORF, IA, 52722
NTEE Category
Code: S47 - Community improvement
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