CHI PHI FRATERNITY INC MIAMI CHI PHI HOUSE CORPORATION

EIN: 311187540

SOUTH EUCLID, OH

Total Revenue
$13,709
Total Expenses
$3,157
Total Assets
$309,170
Net Assets
$309,170
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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
1969
Legal Domicile
OH
Principal Officer
ROBERT SCHOENEWALD
Phone
2163819933
Tax Period
2018-01-01 to 2018-12-31

CHI PHI FRATERNITY INC MIAMI CHI PHI HOUSE CORPORATION, founded in 1969, is a micro nonprofit that reported $14K in total revenue in fiscal year 2018. The organization ran a surplus of $11K, a strong 77% operating margin.

Mission

PROVIDE UNIVERSITY APPROVED HOUSING FOR FRATERNITY MEMBERS. DURING THOSE YEARS WHEN THERE IS NO LOCAL CHAPTER AT MIAMI UNIVERSITY, CONTINUE TO COLLECT MORTGAGE PAYMENTS ON OUTSTANDING MORTGAGE AND SAFEGUARD MONEY UNTIL THE CHAPTER IS RECOLONIZED OR THE MONEY TURNED OVER TO THE NATIONAL FRATERNITY OR SCHOLARSHIPS ARE CREATED.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $13,531
Other Revenue $178
TOTAL REVENUE $13,709

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $500
Other Expenses $3,157
TOTAL EXPENSES $3,157

Year-over-Year Comparison

2018 2017 Change
Revenue $13,709 $13,307 +0.0%
Expenses $3,157 $944 +2.3%
Net Income $10,552 $12,363 -0.1%
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
3
Independent Members
2
Employees
N/A
Volunteers
N/A

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID OSTERMEYER PRESIDENT N/A
Officer Director
$0 $0 $0
ROBERT SCHOENEWALD TREASURER N/A
Officer Director
$0 $0 $0
RICK KARL SECRETARY N/A
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
2018 $13,709 $3,157 $309,170 $10,552
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