2025-06-02T16:27:40+00:00 2024-07-31 350921680 CROWE LLP 4801 Olympia Park Plaza Suite 4000 Louisville KY 402412098 990 2023-08-01 822214735 Constantine Housing Initiative Inc CONS 8478693658 1714 Hinman Ave Evanston IL 60201 Stephen Davidson Executive Director, CEO & Secretary 8478693658 2025-06-02 true Kim Scifres P01316095 5023263996 2025-06-02 2023 2025-03-06 01:10:19Z Stephen Davidson 1714 Hinman Ave Evanston IL 60201 644153 false X www.constantinehousing.org X 2017 IL To provide, preserve and protect student housing opportunities that strengthen the Sigma Chi Fraternity undergraduate experience. 9 9 0 9 0 0 515000 515000 470572 128450 15 703 0 0 985587 644153 0 0 0 0 0 0 0 362352 400683 362352 400683 623235 243470 4015437 4422881 2394783 2574442 1620654 1848439 To provide, preserve and protect student housing opportunities that strengthen the Sigma Chi Fraternity undergraduate experience. false false To preserve and protect Sigma Chi fraternity real estate assets FOR THE BENEFIT OF SIGMA CHI UNDERGRADUATE FRATERNITY CHAPTERS THROUGH THE SUPPORT, OWNERSHIP, AND MANAGEMENT OF THE REAL ESTATE ASSETS. (a) Obtain through contribution or purchase Sigma Chi Fraternity chapter house facilities to allow for consistent professional management of fraternity chapter house meeting and housing facilities. After acquisition of property, comprehensive property analysis will be performed on facility to strategically identify and prioritize needs for preservation and protection of property and of members using the facility. (B) OBTAINING SIGMA CHI CHAPTER HOUSE REAL ESTATE THROUGH CONTRIBUTION OR PURCHASE IS UNDER RESEARCH WITH PURCHASE LIMITED BY FACILITY COST AND FUNDING LIMITATIONS. (C) SIGMA CHI FRATERNITY CHAPTERS ARE LOCATED ACROSS THE COUNTRY AND MARKETING AND ACQUISITION OF PROPERTY SUPPORT AND MANAGEMENT ACTIVITIES IS PERFORMED BY CHI STAFF AND DIRECTORS AND SIGMA CHI FRATERNITY VOLUNTEERS (INCLUDING GRANT TRUSTEES). (D) MATERIALS DEVELOPED BY CHI WILL BE PRODUCED REMOTELY FROM EVANSTON, ILLINOIS AND PROVIDED ELECTRONICALLY. To provide safe fraternity member social meeting and housing facilities to college age men who are members or prospective members of Sigma Chi Fraternity. (a) Through management or ownership of chapter house facilities, CHI will WORK WITH SIGMA CHI FRATERNITY CHAPTERS WHO WILL IN TURN PROVIDE ROOM & BOARD, BOARD ONLY, OR SOCIAL GATHERING (PARLOR) LEASES TO ITS COLLEGE MEMBERS. (B) CHAPTER HOUSE FACILITIES MANAGEMENT AND LEASE SUPPORT ARE ONGOING EFFORTS BY CHI STAFF. (C) CHI STAFF AND DIRECTORS OFFER GUIDANCE AND ADVICE ON PROPERTY MANAGEMENT OF CHAPTER HOUSE FACILITIES IN CONCERT WITH LOCALLY ELECTED OR APPOINTED VOLUNTEERS. To manage a comprehensive fraternity chapter house safety assessment program for Sigma Chi Chapters who are members of the Risk Management Foundation. (a) Provide an independent, property inspector for safety analysis of Sigma Chi chapter house meeting and housing facilities; so as to identify and prioritize needs for preservation and safe use by Sigma Chi fraternity members. (b) This inspection program was initiated in Fall 2017 AND CONTINUES ANNUALLY. (C) THE INSPECTION PROGRAM WILL BE OUTSOURCED TO THIRD PARTIES FOR INSPECTION AND REPORTING. COMPREHENSIVE ANALYSIS PROVIDED BY STAFF AND THE DIRECTORS OF CHI. 0 false true false false false false false false true false false false true true 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 false false true 1 0 true 0 false false false false false 0 0 false false false X 9 9 false false false false true true false true true false false true true true true true true false false false IL X Stephen Davidson 8478693658 1714 Hinman Avenue Evanston IL 60201 Keith A Dobrolinsky Chairman 10.0 10.0 X X 0 0 0 Kenneth K Klein Vice Chairman 10.0 0.0 X X 0 0 0 Robert O Schock Secretary/Treasurer 5.0 0.0 X X 0 0 0 Andrew K Williams Director 5.0 5.0 X 0 0 0 Mark Tipton Director 5.0 0.0 X 0 0 0 Marl M Cummings III Director 5.0 0.0 X 0 0 0 Matt Matteson Director 5.0 0.0 X 0 0 0 Thomas Burton Director 5.0 0.0 X 0 0 0 Warren A Colton III Director 5.0 0.0 X 0 0 0 Stephen Davidson Executive Director, CEO, & Secretary 15.0 25.0 X 72935 0 9960 72935 0 9960 0 false false true 0 515000 515000 Chapter House Lending Program 561110 128450 128450 0 0 0 0 128450 703 703 0 0 0 0 0 0 0 0 0 644153 128450 0 703 1526 14317 9439 900 4297 3402 953 42646 54983 145373 82903 Inspection Expenses 39050 Meals & Entertainment 509 Miscellaneous Expenses 385 0 400683 163825 260629 60841 55700 0 0 0 0 2214115 2413819 1817879 125146 1576656 1692733 0 0 0 0 4015437 4422881 139072 9460 0 0 2255711 2564982 2394783 2574442 X 1620654 1848439 1620654 1848439 4015437 4422881 X 243470 -15685 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 114849 114849 1703030 125146 1577884 1692733 Due to Risk Management Foundation 2564982 2564982 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote CHI, Zelzah, and Kilbourn have been determined to be exempt from income tax under Section 501(c)(7) of the Internal Revenue Code, and accordingly, no provision has been made for either federal or state income taxes. The Organization utilizes the accounting requirements associated with uncertainty in income taxes using the provisions of Financial Accounting Standards Board (FASB) ASC 740, Income Taxes. Using that guidance, tax positions initially need to be recognized in the financial statements when it is more-likely-than-not the positions will be sustained upon examination by the tax authorities. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. As of July 31, 2024 and 2023, the Organization has no uncertain tax positions that qualify for recognition or disclosure in the financial statements. Stephen Davidson Executive Director, CEO, & Secretary 72731 0 0 0 204 0 5470 0 4490 0 82895 0 0 0 Schedule J, Part II Compensation from Unrelated Organization The filing organization's secretary is compensated by an unrelated organization for services provided to the filing organization and a related organization. Compensation reported on Schedule J represents the allocated amount for services provided to the filing organization. The secretary receives additional compensation from the unrelated organization for services provided to the related entity as follows: Reportable Compensation: $121,559 Deferred Compensation: $9,117 Nontaxable Benefits: $7,483 Schedule J, Part II COMPENSATION FROM AN UNRELATED ORGANIZATION OR INDIVIDUAL NAME - STEPHEN DAVIDSON, COMPENSATION FROM UNRELATED ORGANIZATION - 82895.000000, NAME OF UNRELATED ORGANIZATION - SIGMA CHI FOUNDATION, TYPE OF COMPENSATION - SALARY & WAGES Form 990, Part VI, Line 15b Process used to establish compensation for other officers/key employees THE ORGANIZATION DOES NOT COMPENSATE ANY OTHER OFFICERS OR KEY EMPLOYEES, THEREFORE, THIS QUESTION IS NOT APPLICABLE AND HAS INTENTIONALLY BEEN MARKED "NO." Form 990, Part VI, Line 15a Process used to establish compensation for top management The Secretary is compensated by an unrelated organization for services to the filing organization and its related organization, Risk Management Foundation (RMF). RMF's BOARD OF DIRECTORS CONDUCTS AN ANNUAL REVIEW OF THE PERFORMANCE AND COMPENSATION PACKAGE OF THE EXECUTIVE DIRECTOR. THIS REVIEW IS SCHEDULED EACH OCTOBER/NOVEMBER AND IS DOCUMENTED IN THE BOARD MINUTES IN A TIMELY MANNER. THE CHAIRMAN OF THE BOARD REVIEWS PERFORMANCE WITH DIRECTORS AND SOLICITS INPUT AND FEEDBACK ON GOALS, OBJECTIVES AND COMPENSATION. FROM TIME TO TIME, THE BOARD USES COMPENSATION SURVEYS FROM COMPARABLE INDUSTRY POSITIONS TO ENSURE ADEQUATE AND APPROPRIATE COMPENSATION. THE FINAL COMPENSATION PACKAGE OF THE EXECUTIVE DIRECTOR IS APPROVED BY THE BOARD. A REVIEW IS NORMALLY COMPLETED ON AN ANNUAL BASIS, AND WAS COMPLETED December 2022. Form 990, Part VI, Line 6 Classes of members or stockholders The sole voting member of CHI is Risk Management Foundation, a related tax-exempt organization. As the organization's sole voting member, RMF has the right to elect or appoint one or more members of the organization's governing body as the three-year terms of incumbents expire and as vacancies arise. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body As the organization's sole voting member, RMF has the right to elect or appoint one or more members of the organization's governing body as the three-year terms of incumbents expire and as vacancies arise. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is reviewed in detail by management. Subsequent to this review, the completed Form 990 is presented to the organization's Board of Directors before filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy The Conflict of Interest Policy of CHI covers all Board members. Board members are required to disclose potential and actual conflicts of interests on an annual basis. Potential and actual conflicts of interest are reviewed at the Board level. If the Board determines that an actual conflict of interest exists at the board level, then the board member with the conflict is prohibited from participating in the governing body's deliberations and decisions regarding the matters with respect to which a conflict has been determined to exist. 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 available to the public at this time. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Investment in 9934 Zelzah - -15685; Risk Management Foundation 1714 Hinman Avenue Evanston IL 60201 363579508 Risk management education and aid IL 501(c)(3) 10 NA false 1327 WEST KILBOURN INC 260 S TARRAGONA ST SUITE 240-C PENSACOLA FL 32502 882256233 Fraternity Housing FL 501(c)(7) Constantine Housing Initiative true 9934 ZELZAH AVENUE INC 2409 Honolulu Avenue Montrose CA 91020 365003354 Fraternity Housing CA 501(c)(7) Constantine Housing Initiative true false false true false false false false false false false false true true true true true false false false