CHI CHAPTER HOUSE CORPORATION

EIN: 270990002 Education

HANOVER, IN

Total Revenue
$275,817
Total Expenses
$235,054
Total Assets
$410,772
Net Assets
$395,950
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
IN
Tax Period
2022-07-01 to 2023-06-30

CHI CHAPTER HOUSE CORPORATION, founded in 2009, is a small nonprofit in the Education sector that reported $276K in total revenue in fiscal year 2022. Expenses of $235K left a modest 15% surplus.

Mission

TO PROVIDE ROOM AND BOARD TO CHI CHAPTER OF SIGMA CHI FRATERNITY MEMBERS OF HANOVER COLLEGE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,268
Program Service Revenue $274,549
Investment Income $0
Other Revenue $0
TOTAL REVENUE $275,817

Expense Breakdown

Grants Paid $0
Salaries & Benefits $121,353
Fundraising Expenses $0
Program Expenses $233,716
Other Expenses $113,701
TOTAL EXPENSES $235,054

Year-over-Year Comparison

2022 2021 Change
Revenue $275,817 $258,095 +0.1%
Expenses $235,054 $233,702 +0.0%
Net Income $40,763 $24,393 +0.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
2
Volunteers
4

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER WHITFORD EXECUTIVE MEMBER 1.00
Director
$0 $0 $0
SHANE TOTTEN SECRETARY 1.00
Officer Director
$0 $0 $0
NATHANIEL KREMER-HERMAN PRESIDENTTREASURER 2.00
Officer Director
$0 $0 $0
JONATHON WARD VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $275,817 $235,054 $410,772 $40,763
2022 $258,095 $233,702 $356,533 $24,393
2021 $292,429 $258,195 $331,601 $34,234
2020 $207,339 $154,093 $297,240 $53,246
2019 $252,250 $221,597 $243,931 $30,653
2018 $264,451 $208,969 $213,261 $55,482
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