2025-06-13T12:09:06+00:00 2024-07-31 440160260 Forvis Mazars LLP 820 Massachusetts Ave Suite 1370 Indianapolis IN 46204 990 2023-08-01 350267650 Delta Tau Delta Fraternity DELT 3172840203 10000 Allisonville Road Fishers IN 46038 Jack C Kreman CEO 2025-06-13 true true Nicole Fishback P01279475 3173834000 2025-06-16 2023 2025-03-06 01:10:19Z Jack C Kreman 10000 Allisonville Road Fishers IN 46038 9995607 false 0124 X www.delts.org X 1911 NY THE MEMBERS OF DELTA TAU DELTA FRATERNITY ARE COMMITTED TO LIVES OF EXCELLENCE AND BELIEVE IN THE FRATERNITY FOR THE EDUCATION OF YOUTH AND INSPIRATION OF MATURITY. 11 11 34 11 553711 0 553305 496346 4995119 4625072 377034 437583 56425 66475 5981883 5625476 0 0 2038861 2165617 0 0 3580102 4636167 5618963 6801784 362920 -1176308 13862842 12779259 1636510 1513651 12226332 11265608 X THE MEMBERS OF DELTA TAU DELTA FRATERNITY ARE COMMITTED TO LIVES OF EXCELLENCE AND BELIEVE IN THE FRATERNITY FOR THE EDUCATION OF YOUTH AND THE INSPIRATION OF MATURITY, SEEKING TO INSTILL IN ALL MEMBERS RESPECT FOR HIGHER EDUCATION LOYALTY TO OUR BROTHERHOOD OF HONOR, OUR HOST INSTITUTIONS AND OUR COUNTRY, INTELLECTUAL INTEGRITY, AND RESPONSBILITY TO THOSE WHO FOLLOW. false false LEADERSHIP EDUCATION: In February 2024, the Fraternity conducted its inaugural Emerge conference series, its premier leadership education experience designed for newly elected chapter officers. Hosted across many geographic locations, Emerge brings together hundreds of undergraduate leaders to participate in intensive, role-specific training and collaborative programming. The curriculum focuses on equipping officers with the tools necessary to lead their chapters effectively, emphasizing operational excellence, health and safety, values-based leadership, and personal development. Each conference features officer curriculum, opportunities for connection with Fraternity staff, alumni volunteers, and peers/other officers in their region. Emerge is the largest leadership training program offered by the Fraternity and serves as a foundational development experience for chapter success. UNDERGRADUATE CHAPTER PRESIDENT TRAINING: JANUARY 2024, DELTA TAU DELTA HOSTED ITS FOURTH PRESIDENTS' EXCELLENCE INSTITUTE (PRESX) AT T BAR M CAMP IN NEW BRAUNFELS, TX. PRESX IS DESIGNED TO PROVIDE EXECUTIVE SKILLS TRAINING FOR THE KEYSTONE LEADER OF EACH CHAPTER, THE CHAPTER PRESIDENT. DURING PRESX, PRESIDENTS LEARNED AND PRACTICED THE KEY SKILLS OF EXECUTIVE LEADERSHIP, ALL WHILE BUILDING COMMUNITY WITH THEIR PEERS FROM OTHER CAMPUSES. PRESX PROVIDED PRESIDENTS THE OPPORTUNITY TO PRACTICE SKILLS WHILE RECEIVING FEEDBACK FROM COACHES AND PEER LEADERS BEFORE TAKING THOSE SKILLS BACK TO THEIR CHAPTER. PRESX SERVED 89 UNDERGRADUATE CHAPTER PRESIDENT AND UTILIZED 10 VOLUNTEER FACILITATORS AND FIVE ALUNMI KEYNOTE SPEAKERS/PANELISTS. THE FRATERNITY'S POSTASSESSMENT SHOWED GROWTH IN ALL SEVEN LEARNING OBJECTIVES AND STATISTICALLY SIGNIFICANT GROWTH IN SIX OF THE SEVEN OBJECTIVES. RISK MANAGEMENT PROGRAM: DELTA TAU DELTA FRATERNITY PROVIDES A COMPREHENSIVE RISK MANAGEMENT PROGRAM FOR ITS UNDERGRADUATE CHAPTERS. THIS PROGRAM INCLUDES EDUCATIONAL MATERIALS, LOSS PREVENTION ASSISTANCE, GENERAL LIABILITY, PROPERTY, COMMERCIAL CRIME, MEMBER ACCIDENT PROTECTION, AND OFFICERS AND DIRECTORS LIABILITY INSURANCE. ALCOHOL EDUCATION: DELTA TAU DELTA PROVIDES AN ONLINE SCIENCEBASED ALCOHOL COURSE THAT AIMS TO EDUCATE NEARLY 2918 UNDERGRADUATE MEMBERS ABOUT ALCOHOL AND ITS EFFECTS ON THE MIND AND BODY, ESPECIALLY WITH REGARD TO SEXUAL ASSAULT AND HAZING. THE FRATERNITY HOSTS THE COMPASS EXPERIENCE PARTNERING WITH LEADERSHAPE, A NATIONALLY RECOGNIZED NONPROFIT ORGANIZATION FOCUSED ON LEADERSHIP SKILLS, TO HOST ITS FLAGSHIP PROGRAM, THE LEADERSHAPE INSTITUTE. THE LEADERSHAPE INSTITUTE SERVES AS THE FOUNDATIONAL PROGRAM FOR EMERGING LEADERS WITHIN DELTA TAU DELTA THAT ARE INTERESTED IN FOSTERING LEADERSHIP SKILLSET. THE PROGRAM IS A 4-DAY IMMERSIVE EXPERIENCE GROUNDED IN HELPING INDIVIDUALS IDENTIFY THE VALUES THEY HOLD THAT LEAD TO MAKING A DIFFERENCE IN COMMUNITIES AROUND THEM. THE CURRICULUM UTILIZES SELF-ASSESSMENT, INTENSIVE SMALL GROUP DISCUSSIONS, TEAM-BUILDING CHALLENGES AND FEEDBACK IN A LEARNING COMMUNITY, WHILE PARTICIPANTS DEVELOP A VISION FOR SOMETHING THEY CARE ABOUT. 0 false true false false false false true false true false false false true false false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 21 0 true 34 true true true false false false false false false false X 11 11 false false false false true false true true true false true true true true true true true true true false false IN X Nicholas R Zuniga 3172840203 10000 Allisonville Road Fishers IN 46038 Andrew Welch Student Director 10.0 0.0 X X 0 0 0 Anthony Albanese Vice Chairman 10.0 0.0 X X 0 0 0 Ashley Wollam Director 10.0 0.0 X X 0 0 0 Charles Edwards Director 10.0 0.0 X X 0 0 0 James Wisbrock Director 10.0 0.0 X X 0 0 0 Jason Feiner Director 10.0 0.0 X X 0 0 0 Jeremy Vanscoy Director 10.0 0.0 X X 0 0 0 Michael Shonrock Phd Foundation Chairman 10.0 0.0 X X 0 0 0 Nigel Manick Director 10.0 0.0 X X 0 0 0 Rosario Palmieri Chairman 10.0 0.0 X X 0 0 0 Ryan Caldwell Treasurer 10.0 0.0 X X 0 0 0 Jack Kreman Chief Executive Office 45.0 0.0 X 137046 0 32804 137046 0 32804 1 false true false Delta Tau Delta Educational Foundation Inc 10000 Allisonville Road Fishers IN 46038 Rent 151337 1 496346 496346 Membership dues 900099 2683882 2683882 Risk management program 900099 1616147 1616147 Interest on loans 900099 319713 319713 Other income 900099 5330 5330 Karnea revenue 900099 0 0 0 0 4625072 226505 226505 116128 116128 0 0 4528799 4317721 211078 0 211078 211078 2757 52410 -49653 -49653 0 0 0 0 0 5625476 4575419 553711 0 169850 1639538 68773 180790 106666 14357 591774 455029 151337 622191 419488 64974 1374860 Education programs 905787 Miscellaneous 36370 0 6801784 4288085 185431 144817 144154 188085 239139 0 0 0 0 3140403 6037367 27069 28745 908893 585049 685034 512539 219495 172495 4627329 5104206 41815 27868 169658 127244 107193 127561 13862842 12779259 209254 600573 850265 325689 356991 338552 0 0 220000 248837 1636510 1513651 12134332 11167001 92000 98607 12226332 11265608 13862842 12779259 -1176308 215584 0 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 685034 512539 172495 172495 self-insurance reserve 248837 248837 5893470 215584 52410 267994 5625476 0 0 5625476 6854194 52410 52410 6801784 0 0 6801784 Schedule D, Part X, Line 2 ASC 740 DISCLOSURE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part IV, Line 2b Explanation of escrow agreement THE ORGANIZATION HOLDS FUNDS FOR CHAPTER HOUSE CORPORATIONS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 COST OF GOODS SOLD - 52410 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 COST OF GOODS SOLD - 52410 X X true true X X X X false false false Jack Kreman Chief Executive Office 137046 0 0 0 0 0 6619 0 26185 0 169850 0 0 0 Schedule J, Part I, Line 1a TRAVEL FOR COMPANIONS: THE CHIEF EXECUTIVE OFFICER'S SPOUSE OCCASIONALLY ACCOMPANIES HIM TO INDUSTRY CONFERENCES AND THE BIENNIAL CONVENTION. REGISTRATION, AIRFARE AND MEAL COSTS ARE PAID BY THE FRATERNITY. THE COSTS ARE TREATED AS TAXABLE COMPENSATION AND THE VALUE IS GROSSED-UP TO COVER THE APPLICABLE FEDERAL, STATE AND LOCAL TAXES. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS: THE VALUE OF TRAVEL FOR COMPANIONS IS GROSSED UP TO COVER THE APPLICABLE FEDERAL, STATE AND LOCAL TAXES. Form 990, Part III, Line 4d Description of other program services (Expenses $ including grants of $) THE FRATERNITY HOSTS THE COMPASS EXPERIENCE PARTNERING WITH LEADERSHAPE, A NATIONALLY RECOGNIZED NONPROFIT ORGANIZATION FOCUSED ON LEADERSHIP SKILLS, TO HOST ITS FLAGSHIP PROGRAM, THE LEADERSHAPE INSTITUTE. THE LEADERSHAPE INSTITUTE SERVES AS THE FOUNDATIONAL PROGRAM FOR EMERGING LEADERS WITHIN DELTA TAU DELTA THAT ARE INTERESTED IN FOSTERING LEADERSHIP SKILLSET. THE PROGRAM IS A 4-DAY IMMERSIVE EXPERIENCE GROUNDED IN HELPING INDIVIDUALS IDENTIFY THE VALUES THEY HOLD THAT LEAD TO MAKING A DIFFERENCE IN COMMUNITIES AROUND THEM. THE CURRICULUM UTILIZES SELF-ASSESSMENT, INTENSIVE SMALL GROUP DISCUSSIONS, TEAM-BUILDING CHALLENGES AND FEEDBACK IN A LEARNING COMMUNITY, WHILE PARTICIPANTS DEVELOP A VISION FOR SOMETHING THEY CARE ABOUT. Form 990, Part IV, Line 34 RELATIONSHIPS TO OTHER ORGANIZATIONS: DELTA TAU DELTA EDUCATIONAL FOUNDATION, INC. (FOUNDATION) IS A LEGALLY SEPARATE ENTITY ORGANIZED TO SOLICIT CONTRIBUTIONS AND DISBURSE SUCH FUNDS IN THE FORM OF EDUCATIONAL GRANTS, SCHOLARSHIPS AND LOANS. SOLICITATIONS ARE MADE IN ITS NAME AND ALL FUNDS ARE USED BY THE FOUNDATION IN FULFILLING ITS EDUCATIONAL OBJECTIVES. ALTHOUGH THE FRATERNITY AND THE FOUNDATION ARE SEPARATE LEGAL ENTITIES, THEY DO HAVE A COUPLE OF COMMON BOARD MEMBERS. THE FRATERNITY AND FOUNDATION WERE SHOWN AS RELATED ORGANIZATIONS ON PRIOR RETURNS. AMENDED BYLAWS WERE FILED BY THE FOUNDATION NOVEMBER 10, 2012 TO LIMIT THE NUMBER OF BOARD MEMBERS SERVING FROM THE FRATERNITY FROM FIVE TO TWO. THIS CHANGE MEANS THE TWO ORGANIZATIONS ARE NO LONGER CONSIDERED RELATED BY THE DEFINITIONS USED BY FORM 990, SCHEDULE R. THE FRATERNITY SIGNED A RENEWABLE, TEN-YEAR NONCANCELLABLE OPERATING LEASE THROUGH JULY 31, 2027 TO OCCUPY SPACE WITHIN AN OFFICE BUILDING THE FOUNDATION OWNS. THE FRATERNITY PROVIDES SERVICES SUCH AS PERSONNEL AND RELATED BENEFITS, OFFICE EQUIPMENT AND SUPPLIES TO THE FOUNDATION, AND THE FOUNDATION REIMBURSES THE FRATERNITY FOR ITS ALLOCABLE SHARE OF THESE COSTS. THE FRATERNITY PROVIDES A BROAD SPECTRUM OF EDUCATIONAL PROGRAMMING INCLUDING LEADERSHIP DEVELOPMENT AND ALCOHOL ABUSE PREVENTION. THE COST OF THESE PROGRAMS IS PRIMARILY FUNDED BY THE FRATERNITY HOWEVER, THE FOUNDATION MAKES QUALIFIED CONTRIBUTIONS TO THE FRATERNITY THAT ARE USED TO FUND A PORTION OF THE COST OF THESE EDUCATIONAL PROGRAMS. Form 990, Part VI, Line 6 Classes of members or stockholders THE FRATERNITY IS COMPOSED OF MEMBERS IN GOOD STANDING WHO HAVE BEEN DULY INITIATED INTO UNDERGRADUATE CHAPTERS ESTABLISHED AT VARIOUS COLLEGES AND UNIVERSITIES IN THE UNITED STATES AND CANADA. A BIENNIAL GENERAL CONVENTION OF MEMBERS AND DELEGATES (KARNEA) IS THE LEGISLATIVE SESSION OF THE FRATERNITY. THE KARNEA DELEGATE BODY IS FORMED OF 2 UNDERGRADUATE VOTING DELEGATES ELECTED FROM EACH UNDERGRADUATE CHAPTER, 1 VOTING ALUMNUS OR MEMBER OF EACH CHAPTER'S ALUMNI ADVISING TEAM, AND 1-2 VOTING DELEGATES ELECTED FROM EACH CHARTERED AND OPERATING ALUMNI CHAPTER (DEPENDS ON CHAPTER SIZE). KARNEA DELEGATES (1) ELECT THE FRATERNITY'S BOARD OF DIRECTORS (PRESIDENT, VICE PRESIDENT, AND TREASURER) WHICH IS THE PRINCIPAL ADMINISTRATIVE BODY OF THE FRATERNITY AS TO ALL ITS CORPORATE AFFAIRS AND THE DIRECTOR OF MEMBER DEVELOPMENT, (2) HAVE THE POWER TO LEVY TAXES AND ASSESSMENTS, AND (3) MAKE ALL LAWS NECESSARY AND PROPER FOR CARRYING INTO THE EXECUTION THE MISSION AND VALUES AND GENERAL WELFARE OF THE FRATERNITY, AS WELL AS THE POWERS ESTABLISHED BY THE FRATERNITY'S CONSTITUTION WITH RESPECT TO THE GOVERNANCE OF THE FRATERNITY. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders KARNEA DELEGATES MAY WITH A TWO THIRDS (2/3) VOTE OF THE CONVENTION BODY EITHER REPEAL OR AMEND THE FRATERNITY'S CONSTITUTION ONLY UPON THE SUBSEQUENT APPROVAL OF TWO THIRDS (2/3) OF THE UNDERGRADUATE CHAPTERS IF THE KARNEA ACTION IS APPROVED BY THE PRESIDENT, OR REPEAL OR AMEND THE FRATERNITY'S CONSTITUTION ONLY UPON THE SUBSEQUENT APPROVAL OF FOUR FIFTHS (4/5) OF THE UNDERGRADUATE CHAPTERS IF THE KARNEA ACTION IS DISAPPROVED BY THE PRESIDENT. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS DISTRIBUTED TO THE CEO AND ALL AUDIT COMMITTEE MEMBERS VIA EMAIL AND THEN REVIEWED JOINTLY VIA A CONFERENCE CALL WITH THE FRATERNITY'S EXTERNAL AUDIT FIRM'S TAX PROFESSIONALS PRIOR TO ITS ELECTRONIC FILING WITH THE IRS. THE BOARD MEMBERS RECIEVE A COPY OF THE TAX RETURN BEFORE IT IS FILED. Form 990, Part VI, Line 12c Conflict of interest policy A CONFLICT OF INTEREST POLICY AND QUESTIONNAIRE ARE DISTRIBUTED TO ALL INTERESTED PERSONS. ALL NEW INTERESTED PERSONS COMPLETE THE DISCLOSURE STATEMENT WITHIN SIXTY DAYS OF THEIR ELECTION, APPOINTMENT OR EMPLOYMENT. THE CONFLICT OF INTEREST COMMITTEE REVIEWS THE QUESTIONNAIRES AND RECOMMENDS WHICH MATTERS INTERESTED PERSONS SHOULD RECUSE THEMSELVES FROM AS WELL AS DETERMINES THAT ANY ASSOCIATED TRANSACTION OR ARRANGEMENT IS IN THE FRATERNITY'S BEST INTEREST AND FOR ITS BENEFIT, THAT THE TERMS OF THE TRANSACTION OR ARRANGEMENT ARE FAIR AND REASONABLE TO THE FRATERNITY, AND AFTER THE EXERCISE OF DUE DILIGENCE, THAT THE FRATERNITY CANNOT OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS UNDER THE CIRCUMSTANCES. AN INTERESTED PERSON ABSTAINS FROM TAKING PART IN OR BEING PRESENT AT ANY COMMITTEE OR BOARD MEETING DETERMINING THE IMPACT OF THAT PARTICULAR INTERESTED PERSON'S CONFLICT OF INTEREST EXCEPT TO PROVIDE SUCH INFORMATION AS THE COMMITTEE OR BOARD MAY REQUEST FOR CONSIDERATION. IF NECESSARY, THE BOARD MAY APPOINT A DISINTERESTED PERSON TO INVESTIGATE ANY ALTERNATIVES TO THE PROPOSED TRANSACTIONS OR ARRANGEMENT. Form 990, Part VI, Line 15a Process to establish compensation of top management official ANNUALLY AND PRIOR TO CONSIDERING ANY CHANGE IN THE CHIEF EXECUTIVE OFFICER'S COMPENSATION, THE BOARD RECEIVES A REPORT THAT LISTS ALL COMPENSATION AWARDED TO THE CHIEF EXECUTIVE OFFICER AND RESPECTIVE VALUES. THE BOARD RECEIVES ONE OR MORE COMPENSATION SURVEYS CONTAINING MARKET-BASED COMPENSATION INFORMATION FOR SIMILARLY-SITUATED INDIVIDUALS TO THE CHIEF EXECUTIVE OFFICER IN SIMILARLY-SITUATED ORGANIZATIONS TO THE FRATERNITY. A REVIEW OF THE CHIEF EXECUTIVE OFFICER'S COMPENSATION PROGRAM AND RESPECTIVE MARKET-BASED INFORMATION IS CONDUCTED BY THE BOARD PRIOR TO IMPLEMENTATION OF ANY CHANGES TO THE CHIEF EXECUTIVE OFFICER'S COMPENSATION. THE BOARD IS ASSISTED WITH THIS REVIEW BY A QUALIFIED COMPENSATION CONSULTANT. THE BOARD ENSURES THAT NO DIRECTOR PARTICIPATING IN THE REVIEW AND SUBSEQUENT COMPENSATION DECISIONS HAS A CONFLICT OF INTEREST. THE BOARD WILL RELY ON THE CONFLICT OF INTEREST COMMITTEE FOR THIS DETERMINATION. WRITTEN MINUTES OF THE BOARD'S DELIBERATION AND ASSOCIATED ACTIONS TAKEN APPROVING THE CHIEF EXECUTIVE OFFICER'S COMPENSATION ARE KEPT. THE BOARD ANNUALLY REVIEWS THE FRATERNITY'S TAX RETURN (FORM 990) PRIOR TO ITS FILING TO ENSURE THAT THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS ACCURATELY AND COMPLETELY DISCLOSED PER THE IRS REQUIREMENTS. THE ABOVE DESCRIBED PROCESS WAS LAST UNDERTAKEN IN 2023. Form 990, Part VI, Line 19 Required documents available to the public FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT MADE PUBLIC AT THIS TIME. Delta Tau Delta National Housing Corp 1000 Allisonville Road Fishers IN 46038 352046648 Property mgmt IN 501(c)(2) DTD FRAT true true false false true false false false false false false false false false true true false true false false Delta Tau Delta National Housing Corporation A 353 Cost Delta Tau Delta National Housing Corporation D 82016 Cost