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Nonprofit · EIN 42-6075434

DELTA CHI EDUCATIONAL FOUNDATION INC

Tax-exempt · INDIANAPOLIS, IN 46208

Financials

$1.6M$861K2023$2.3M$1M2024
Revenue Expenses · by fiscal year end
Financials of DELTA CHI EDUCATIONAL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,323,152$1,040,445$1,282,707$8,728,897$205,929$8,522,968
December 31, 2023990$1,568,414$860,931$707,483$7,349,596$11,984$7,337,612
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,774,181
Program service revenue
$0
Investment income
$546,958
Net gain from sales of assets
$321,834
Other revenue
$2,013

Expenses

Grants and similar amounts paid
$408,263
Compensation of officers, directors and key employees
$100,883
Other salaries and wages
$84,743
Salaries, compensation and benefits (total)
$204,108
Professional fundraising fees
$0
Legal fees
$32,867
Accounting fees
$71,452
Occupancy
$3,900
Travel
$4,234
Program services (functional)
$432,977
Management and general (functional)
$295,884
Fundraising (functional)
$311,584

Balance sheet and other

Total assets, start of year
$7,349,596
Total assets, end of year
$8,728,897
Total liabilities, end of year
$205,929
Net assets, end of year
$8,522,968
Publicly traded securities
$5,501,041
Net assets without donor restrictions
$1,016,276
Net assets with donor restrictions
$7,506,692
Gross receipts
$3,166,936
Employees
2
Volunteers
39
Year formed
1954
State of legal domicile
IA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JUSTIN SHERMANEXECUTIVE DIRECTOR
Officer
40$99,571$1,312
ROD ARNOLDPAST CHAIRMAN
Trustee or director, Officer
1$0$0
DAVID CLOUTIERVP COMMITTEES
Trustee or director, Officer
1$0$0
TRAVIS COVEYSECRETARY
Trustee or director, Officer
1$0$0
DAVID EDWARDSTREASURER
Trustee or director, Officer
1$0$0
ANDREW HAGGERTYVP PROGRAMS
Trustee or director, Officer
1$0$0
JOHN ZIEGLERCHAIRMAN
Trustee or director, Officer
1$0$0
JASON BUTLERDIRECTOR
Trustee or director
1$0$0
MICHAEL CARROLLDIRECTOR
Trustee or director
1$0$0
PETER CHANDLERDIRECTOR
Trustee or director
1$0$0
MICHAEL GEARYDIRECTOR
Trustee or director
1$0$0
ERIC KERSTETTERMEMBER AT LARGE
Trustee or director
1$0$0
DONALD LAPLANTEDIRECTOR
Trustee or director
1$0$0
JAMES MARASCIODIRECTOR
Trustee or director
1$0$0
STEVEN MICHELSDIRECTOR
Trustee or director
1$0$0
5 more people on this return
NameTitleHours / weekCompensation
DONALD TURKDIRECTOR
Trustee or director
1$0
JASON MICHAEL WALKERDIRECTOR
Trustee or director
1$0
MILES WASHBURNDIRECTOR
Trustee or director
1$0
PATRICK WEBERDIRECTOR
Trustee or director
1$0
CHAD WOLETTDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 23 people
NameTitleHours / weekCompensation
JUSTIN SHERMANEXECUTIVE DIRECTOR
Officer
12$57,612
ROD ARNOLDCHAIRMAN
Trustee or director, Officer
1$0
ANDREW R HAGGERTYVP PROGRAMS
Trustee or director, Officer
1$0
JOHN S ZIEGLERVP COMMITTEES
Trustee or director, Officer
1$0
DAVID EDWARDSTREASURER
Trustee or director, Officer
1$0
TRAVIS COVEYSECRETARY
Trustee or director, Officer
1$0
JIM MARASCIOPAST PRESIDENT
Trustee or director, Officer
1$0
JASON BUTLERDIRECTOR
Trustee or director
1$0
MIKE CARROLLDIRECTOR
Trustee or director
1$0
PETER CHANDLERDIRECTOR
Trustee or director
3$0
DAVE CLOUTIERMEMBER AT LARGE
Trustee or director
1$0
BOBBY L DEWRELLDIRECTOR
Trustee or director
1$0
MIKE GEARYDIRECTOR
Trustee or director
1$0
BOB HENDERSHOTDIRECTOR
Trustee or director
1$0
STEVEN R MICHELSDIRECTOR
Trustee or director
1$0
ERIC KERSTETTERDIRECTOR
Trustee or director
1$0
DONALD E LA PLANTEDIRECTOR
Trustee or director
1$0
AARON OTTODIRECTOR
Trustee or director
1$0
DON TURKDIRECTOR
Trustee or director
1$0
JASON WALKERDIRECTOR
Trustee or director
1$0
MILES WASHBURNDIRECTOR
Trustee or director
1$0
PATRICK F WEBERDIRECTOR
Trustee or director
2$0
CHAD M WOLETTDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
3845 N MERIDIAN ST, INDIANAPOLIS, IN 46208-4036
Principal officer (990 for 2024)
JOHN ZIEGLER, 3845 N MERIDIAN STREET, INDIANAPOLIS, IN 46208
Signed the 990
JOHN ZIEGLER, CHAIRMAN
Phone
(463) 207-7234
Return prepared by
BLUE & CO LLC

Mission

THE MISSION OF DELTA CHI EDUCATIONAL FOUNDATION IS TO DEVELOP, MANAGE AND STEWARD FINANCIAL RESOURCES IN SUPPORT OF THE DELTA CHI FRATERNITY'S ROLE IN PROMOTING THE ACQUISITION OF A SOUND EDUCATION.

990 for the year ended December 31, 2024

Program accomplishments

  • ECHI ACCOUNTS: DCEF PROVIDES GRANTS FOR FRATERNITY HOUSING EXPENSES DEEMED EDUCATIONAL BY THE IRS. THESE EXPENSES INCLUDE DESIGN AND CONSTRUCTION, MAINTENANCE FOR STUDY ROOMS, LIBRARIES, COMPUTER ROOMS, LEADERSHIP TRAINING ROOMS, UTILITIES, AND EDUCATIONAL STORAGE ROOMS. DONATIONS TO ECHI ACCOUNTS ARE TAX-DEDUCTIBLE.
    Expenses $60,468 · grants $60,468
  • CHAPTER SCHOLARHIP ACCOUNTS PROVIDE A MEANS TO PROMOTE INCENTIVES THAT IMPROVE ACADEMICS, SUPPORT UNDERGRADUATES FOR ACADEMIC ACHIEVEMENT, ASSIST STUDENT MEMBERS TO INCREASE THEIR LEADERSHIP SKILLS, AND PROVIDE EDUCATIONAL PROGRAMMING FOR THE MEMBERS AND CHAPTERS. EACH CHAPTER'S CSA CAN BE UNIQUE IN THE WAY IT ASSISTS IN BENEFITING ITS MEMBERS AND CAN BE CUSTOMIZED BASED ON THE NEEDS OF THE CHAPTER.
    Expenses $69,507 · grants $69,507
  • DCF PROVIDES GRANTS TO THE DELTA CHI FRATERNITY INC., TO OFFSET THE INCURRED EXPENSES ASSOCIATED WITH THE REGIONAL LEADERSHIP ACADEMIES (RLA), DALE CARNEGIE SCHOLARS, AND CONVENTION PROGRAMMING. THE RLAS OBJECTIVE IS TO BETTER EQUIP MEMBERS WITH THE SKILLS AND CONFIDENCE TO LEAD THEIR CHAPTERS AND UPLOLD THE FRATERNITY'S VALUES. DALE CARNEGIE SCHOLARS IS A WORLD-RENOWNED PROGRAM THAT IS DESIGNED TO BUILD GREATER CONFIDENCE, STRENGTHEN PEOPLE SKILLS, ENHANCE COMMUNICATION, DEVELOP LEADERSHIP SKILLS, REDUCE STRESS, AND IMPROVE ATTITUDES.
    Expenses $303,002 · grants $278,288

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-6075434
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1957
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B83Z)
Assets (IRS master file)
$8,728,897
Income (IRS master file)
$3,166,936

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,323,152$1,040,445$8,728,897IRS
990December 2023$1,568,414$860,931$7,349,596XML
990December 2022$4,002,196$1,021,952$6,730,967IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 42-6075434).

Questions about DELTA CHI EDUCATIONAL FOUNDATION INC

What is the EIN of DELTA CHI EDUCATIONAL FOUNDATION INC?
The employer identification number (EIN) of DELTA CHI EDUCATIONAL FOUNDATION INC is 42-6075434.
Is DELTA CHI EDUCATIONAL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1957.
Are donations to DELTA CHI EDUCATIONAL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DELTA CHI EDUCATIONAL FOUNDATION 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 DELTA CHI EDUCATIONAL FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DELTA CHI EDUCATIONAL FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of DELTA CHI EDUCATIONAL FOUNDATION INC?
The 990 for the year ended December 31, 2024 names JOHN ZIEGLER.
Who are the officers and directors of DELTA CHI EDUCATIONAL FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 20 people; 1 received compensation from the organization, the highest $99,571 (JUSTIN SHERMAN, EXECUTIVE DIRECTOR).
How much revenue does DELTA CHI EDUCATIONAL FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,323,152, expenses of $1,040,445 and total assets of $8,728,897 at year end.

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