DELTA CHI HOUSING CORPORATION AT CORNELL

EIN: 582493721 Mutual Benefit

ITHACA, NY

Total Revenue
$660,946
Total Expenses
$650,923
Total Assets
$2,053,681
Net Assets
$1,151,952
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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
1900
Legal Domicile
NY
Principal Officer
JOE WOJCIK
Phone
6072725550
Tax Period
2023-07-01 to 2024-06-30

DELTA CHI HOUSING CORPORATION AT CORNELL, founded in 1900, is a small nonprofit in the Mutual Benefit sector that reported $661K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year.

Mission

TO PROVIDE ROOM, BOARD, AND FELLOWSHIP TO MEMBERS OF COLLEGE FRATERNITY

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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 (2023)

Revenue Breakdown

Contributions & Grants $49,000
Program Service Revenue $610,986
Investment Income $60
Other Revenue $900
TOTAL REVENUE $660,946

Expense Breakdown

Grants Paid $0
Salaries & Benefits $79,957
Fundraising Expenses $4
Program Expenses $586,049
Other Expenses $570,966
TOTAL EXPENSES $650,923

Year-over-Year Comparison

2023 2022 Change
Revenue $660,946 $744,423 -0.1%
Expenses $650,923 $529,134 +0.2%
Net Income $10,023 $215,289 -1.0%
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
3
Employees
2
Volunteers
3

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
LEE REED PRESIDENT 0.50
Officer Director
$0 $0 $0
GREG CALOSSO VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
JOE WOJCIK TREASURER/SECRETARY 0.50
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
2025 No data No data No data No data
2024 $660,946 $650,923 $2,053,681 $10,023
2023 $744,423 $529,134 $2,117,193 $215,289
2021 $519,906 $458,932 $1,884,526 $60,974
2020 $462,396 $429,464 $1,882,313 $32,932
2019 $652,186 $450,482 $1,891,567 $201,704
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