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Delta Chi Educational Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 426075434 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

Overview

What is Delta Chi Educational Foundation?

The Delta Chi Educational Foundation is a nonprofit organization headquartered in Indianapolis, Indiana. Its primary mission is to foster financial resources for the Delta Chi fraternity, contributing to their role in promoting academic excellence. This is achieved through managing and stewarding funds, which are mainly allocated towards expenses considered educational by the Internal Revenue Service. These expenses encompass areas such as design and construction, maintenance of study rooms, libraries, computer rooms, leadership training facilities, utilities, and educational storage spaces. Donations to the foundation are tax-deductible. The foundation's activities are geared towards supporting the fraternity's educational initiatives, thereby contributing to the overall development of its members. With a workforce of three individuals, the Delta Chi Educational Foundation plays a significant role in shaping the educational experiences of its associated fraternity.


Official website here: www.dcef.com

Is Delta Chi Educational Foundation legitimate?

Delta Chi Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delta Chi Educational Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $51,667
Professional Fundraising Fees: $0
Other Salaries and Wages: $142,821

For more financial information, click here


Official website here: www.dcef.com

What is the mission statement of Delta Chi Educational Foundation?

The Delta Chi Educational Foundation's mission is centered around supporting the Delta Chi Fraternity's role in promoting quality education. This is achieved by managing and stewarding financial resources effectively. Specifically, the foundation provides grants for educational expenses related to fraternity housing, such as design and construction costs, maintenance of study rooms, libraries, computer rooms, leadership training rooms, utilities, and educational storage spaces. Donations made to these educational accounts are tax-deductible.


Official website here: www.dcef.com

Who is the CEO of Delta Chi Educational Foundation?

Rod Arnold is the President of Delta Chi Educational Foundation.


Official website here: www.dcef.com

What is the revenue of Delta Chi Educational Foundation?

Delta Chi Educational Foundation's revenue in 2022 was $4,002,196.


Official website here: www.dcef.com

Who are the executives of Delta Chi Educational Foundation and what are their salaries?

The average compensation at Delta Chi Educational Foundation during 2022 was $64,829. There are 3 employees and 37 volunteers at Delta Chi Educational Foundation.

Here are 20 key members and their salaries:

    Justin Sherman (Executive Director)
  • Compensation: $51,667
  • Related: $0
  • Other: $0

    • Rod Arnold (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew R Haggerty (1St Vice President - Progr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John S Ziegler (2Nd Vice President - Commi) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Travis Covey (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Edwards (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Cloutier (Member At Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Marascio (Member At Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Butler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Carroll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Chandler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bobby L Dewrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Hendershot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald E La Plante (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven R Michels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aaron Otto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don Turk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Miles Washburn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick F Weber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chad M Wolett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.dcef.com

    Where can I find the form 990 for Delta Chi Educational Foundation?

    The Delta Chi Educational Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.dcef.com

    Learn more at the official website: www.dcef.com

    Mission Statement of Delta Chi Educational Foundation

    The Delta Chi Educational Foundation's mission is centered around supporting the Delta Chi Fraternity in its endeavor to foster the acquisition of a well-rounded education. In essence, the foundation's role is to manage and steward financial resources to uphold the fraternity's educational objectives. This support extends to expenses deemed educational by the Internal Revenue Service, encompassing design and construction of fraternity housing, maintenance of study rooms, libraries, computer rooms, leadership training facilities, utilities, and educational storage spaces. Contributions to these educational expenses are eligible for tax deductions.

    Impact

    This information is meant to be a general summary of Delta Chi Educational Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Delta Chi Educational Foundation plays a vital role in supporting the Delta Chi Fraternity's mission to promote the acquisition of a sound education. By developing, managing, and stewarding financial resources, the foundation provides grants for fraternity housing expenses that are deemed educational by the IRS. These expenses encompass various aspects such as design and construction, maintenance for study rooms, libraries, computer rooms, leadership training rooms, utilities, and educational storage rooms. Through tax-deductible donations to its accounts, the foundation enables Delta Chi to enhance educational opportunities for its members, ultimately making a significant impact on their academic pursuits and personal development.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-8,080
  • Program Service Revenue: $0
  • Gross Receipts: $6,143,625

    • Assets and Liabilities:
  • Total Assets: $6,730,967
  • Total Liabilities: $16,490
  • Net Assets: $6,714,477
  • Organization Details

    Founding Year

    1954

    Principal Officer

    Rod Arnold

    Main Address

    3845 N MERIDIAN STREET, INDIANAPOLIS, IN, 46208

    NTEE Category

    Code: B83Z - Education

    If you are a representative of Delta Chi Educational Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.