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Nonprofit · EIN 21-0577978

THETA CHI FRATERNITY INC

Tax-exempt · CARMEL, IN 46032

Financials

$6.3M$6.3M2023$7.7M$7.7M2024
Revenue Expenses · by fiscal year end
Financials of THETA CHI FRATERNITY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$7,719,729$7,670,353$49,376$1,910,529$1,090,666$819,863
June 30, 2024990$6,283,846$6,274,348$9,498$2,208,005$1,375,873$832,132
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$313,000
Program service revenue
$7,221,143
Investment income
$82,889
Royalties
$95,350
Net gain from sales of assets
-$342
Net income from sales of inventory
-$403
Other revenue
$102,697

Expenses

Grants and similar amounts paid
$47,856
Compensation of officers, directors and key employees
$496,240
Other salaries and wages
$2,136,014
Salaries, compensation and benefits (total)
$3,134,129
Professional fundraising fees
$0
Legal fees
$76,892
Accounting fees
$20,120
Occupancy
$127,290
Travel
$101,057

Balance sheet and other

Total assets, start of year
$2,208,005
Total assets, end of year
$1,910,529
Total liabilities, end of year
$1,090,666
Net assets, end of year
$819,863
Net assets without donor restrictions
$819,863
Gross unrelated business income
$178,239
Gross receipts
$8,185,913
Employees
44
Volunteers
0
Year formed
1856
State of legal domicile
IN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHAEL MAYEREXECUTIVE DIRECTOR
Officer
65$275,000$22,747
JIM POWELLASSOCIATE EXEC. DIR.
Officer
50$172,000$18,997
RAY VANLANOTCHIEF OPERATING OFFICER
Highest-paid employee
40$148,000$17,293
JOHN BERGHOFFCHIEF DEVELOPMENT OFFICER
Highest-paid employee
40$149,500$9,935
BEN HILLCHIEF COMMUNICATIONS OFFIC
Highest-paid employee
40$110,000$13,897
SCOTT TURKDIRECTOR OF DEVELOPMENT
Highest-paid employee
40$101,000$27
TOBIN B ROTHINTERNATIONAL PRESIDENT
Trustee or director, Officer
4$0$0
ALAN B COPELANDINTERNATIONAL VICE PRESIDE
Trustee or director, Officer
4$0$0
JAMES A BLACKINTERNATIONAL SECRETARY
Trustee or director, Officer
2$0$0
THOMAS N THOMPSONINTERNATIONAL TREASURER
Trustee or director, Officer
2$0$0
KELLY J LINSTERINTERNATIONAL CHAPLAIN
Trustee or director, Officer
1$0$0
RICHARD P SANTORIELLAINTERNATIONAL COUNSELOR
Trustee or director, Officer
1$0$0
STEVE W GONZALEZINTERNATIONAL MARSHAL
Trustee or director, Officer
1$0$0
JAMES J MCMAHONINTERNATIONAL HISTORIAN
Trustee or director, Officer
1$0$0
990 for the year ended June 30, 2024: 13 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL MAYEREXECUTIVE DIRECTOR
Officer
65$230,000$20,891
JIM POWELLASSOCIATE EXEC. DIR.
Officer
50$169,500$18,461
JOHN BERGHOFFCHIEF DEVELOPMENT OFFICER
Highest-paid employee
40$149,500$8,291
RAY VANLANOTCHIEF OPERATING OFFICER
Highest-paid employee
40$142,000$8,291
BEN HILLCHIEF COMMUNICATIONS OFFICER
Highest-paid employee
40$105,000$8,291
CREIG L ANDREASENINTERNATIONAL PRESIDENT
Trustee or director, Officer
4$0$0
TOBIN B ROTHINTERNATIONAL VICE PRESIDE
Trustee or director, Officer
4$0$0
ALAN B COPELANDINTERNATIONAL SECRETARY
Trustee or director, Officer
2$0$0
THOMAS N THOMPSONINTERNATIONAL TREASURER
Trustee or director, Officer
2$0$0
DR JAMES A BLACKINTERNATIONAL CHAPLAIN
Trustee or director, Officer
1$0$0
RICHARD P SANTORIELLAINTERNATIONAL COUNSELOR
Trustee or director, Officer
1$0$0
STEVE W GONZALEZINTERNATIONAL MARSHAL
Trustee or director, Officer
1$0$0
JAMES J MCMAHONINTERNATIONAL HISTORIAN
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
865 W CARMEL DRIVE, CARMEL, IN 46032-5880
Mailing address (990-N for 2018)
144 TOMPKINS STREET A, CORTLAND NY 13045
Principal officer (990 for 2024)
MICHAEL MAYER, 865 W CARMEL DRIVE, CARMEL, IN 46032
Principal officer (990-N for 2018)
RYAN RIZZO, 144 TOMPKINS STREET A, CORTLAND NY 13045
Signed the 990
JAMES POWELL, ASSOCIATE EXEC. DIR.
Phone
(317) 824-1881
Return prepared by
BLUE & CO LLC

Mission

SEE SCHEDULE OTHE PURPOSE OF THETA CHI FRATERNITY, INC., A NEW YORK CORPORATION (THE "CORPORATION"), SHALL BE TO ESTABLISH, MAINTAIN, GOVERN, IMPROVE AND PROMOTE THE WELFARE OF A FRATERNAL ORDER TO BE KNOWN AS "THETA CHI FRATERNITY" (THE "FRATERNITY"), WHICH SHALL HAVE FOR ITS OBJECTS: THE MUTUAL BENEFIT AND ASSISTANCE OF ITS MEMBERS; THE BINDING BY CLOSER BONDS OF ITS MEMBERS ONE TO ANOTHER; THE RENDITION OF MUTUAL ASSISTANCE TO ITS MEMBERS DURING LIFE AND AFTER THEIR DEATH TO THEIR DEPENDENTS; THE ASSISTING OF NEEDY BUT DESERVING YOUNG MEN TO OBTAIN A HIGHER EDUCATION; THE FOSTERING OF HIGH SCHOLASTIC ACHIEVEMENT AMONG ITS MEMBERS; THE EXTENDING OF TRUE CHARITY TO THOSE WHO NEED SUCH ASSISTANCE; THE PROMOTING OF GOOD CITIZENSHIP; THE TRAINING AND THE DEVELOPING OF CIVIC LEADERS; AND, BY ALL MEANS WITHIN ITS POWER, THE INCULCATION AND THE EXTENSION THROUGHOUT THE LAND OF THE HIGHEST IDEALS OF HONOR, CHARITY, TOLERANCE, AND TRUE PATRIOTISM.

990 for the year ended June 30, 2025

Program accomplishments

  • THE INITIATIVE ACADEMY'S MAIN PURPOSE IS TO INSPIRE AND EQUIP THE NEXT GENERATION OF LEADERS IN THETA CHI. THIS EVENT IS UNLIKE ANY OTHER EVENT OFFERED BY THE FRATERNITY. THE INITIATIVE ACADEMY IS DESIGNED FOR THE UNIQUE NEEDS AND PERSPECTIVES OF OUR EMERGING LEADERS. MEN WHO ATTEND THE INITIATIVE ACADEMY WILL LEAVE CHANGED AND PREPARED FOR LEADERSHIP.THE INITIATIVE ACADEMY IS NOT SIMPLY EXPOSING MEN TO LEADERSHIP IDEAS. THIS IS AN OPPORTUNITY FOR MEN TO IMMERSE THEMSELVES IN THE EXPERIENCE OF LEADERSHIP. UNLIKE TRADITIONAL WORKSHOPS AND CONFERENCES WHERE PARTICIPANTS SIT PASSIVELY IN A LECTURE FORMAT, THE INITIATIVE ACADEMY WILL ENGAGE PARTICIPANTS IN SEVERAL CHALLENGING, TEAM-ORIENTED EXERCISES THAT WILL PROVIDE THE BACKDROP FOR TREMENDOUS LEARNING AND GROWTH.
  • DERANIAN PRESIDENTS CONFERENCE: EDUCATION LEADERSHIP CONFERENCE PROVIDING KEYNOTE SPEAKERS, BREAKOUT EDUCATIONAL SESSIONS, AND HUMAN DEVELOPMENT. IT IS A 2 DAY EVENT AND INCLUDES LEADERSHIP DEVELOPMENT, RISK MANANGEMENT, AND MANAGEMENT SKILLS.
  • MID-YEAR LEADERSHIP CONFERENCE: EDUCATION LEADERSHIP CONFERENCE PROVIDING KEYNOTE SPEAKERS, BREAKOUT EDUCATIONAL SESSIONS, AND HUMAN DEVELOPMENT. IT IS A 2 DAY EVENT AND INCLUDES LEADERSHIP DEVELOPMENT, RISK MANANGEMENT, AND MANAGEMENT SKILLS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
21-0577978
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1940
Accounting year ends
June
Files
Form 990 or 990-EZ
Group exemption
0241 (44 member organizations)
Assets (IRS master file)
$1,910,529
Income (IRS master file)
$8,185,913

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024–––IRS
990June 2023$5,802,095$6,651,701$1,868,008IRS
990June 2022$5,783,656$9,661,080$2,675,472IRS
990June 2021–––IRS
990June 2020–––IRS
990-N for 2018
Officer: RYAN RIZZO
June 30, 2019≤ $50,000 receipts––e-Postcard
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about THETA CHI FRATERNITY INC

What is the EIN of THETA CHI FRATERNITY INC?
The employer identification number (EIN) of THETA CHI FRATERNITY INC is 21-0577978.
Is THETA CHI FRATERNITY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1940.
Are donations to THETA CHI FRATERNITY INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does THETA CHI FRATERNITY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THETA CHI FRATERNITY INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THETA CHI FRATERNITY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of THETA CHI FRATERNITY INC?
The 990 for the year ended June 30, 2025 names MICHAEL MAYER.
Who are the officers and directors of THETA CHI FRATERNITY INC?
The 990 for the year ended June 30, 2025 lists 14 people; 6 received compensation from the organization, the highest $275,000 (MICHAEL MAYER, EXECUTIVE DIRECTOR).
How much revenue does THETA CHI FRATERNITY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $7,719,729, expenses of $7,670,353 and total assets of $1,910,529 at year end.

Organizations in its group exemption (44)

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