2024-04-05T08:46:24-05:00 2023-06-30 351178661 BLUE & CO LLC 12800 N MERIDIAN ST STE 400 CARMEL IN 46032 990 2022-07-01 420212285 THE DELTA CHI FRATERNITY DELT 4632077200 3845 N MERIDIAN STREET INDIANAPOLIS IN 46208 KARL GRINDEL EXECUTIVE DIRECTOR 4632077200 2024-04-02 1 KARL GRINDEL 999009999 1 ANGELA N CRAWFORD CPA P00573197 3178488920 2024-04-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KARL GRINDEL 3845 N MERIDIAN STREET INDIANAPOLIS IN 46208 4841254 0 X WWW.DELTACHI.ORG X 1890 IA THE DELTA CHI FRATERNITY PROVIDES GREAT ADVANTAGES DERIVED FROM A BROTHERHOOD OF COLLEGE AND UNIVERSITY MEN, APPRECIATING THAT CLOSE ASSOCIATION MAY PROMOTE FRIENDSHIP, DEVELOP CHARACTER, ADVANCE JUSTICE AND ASSIST IN THE ACQUISITION OF A SOUND EDUCATION. 13 13 22 825 402600 0 157835 230522 2698241 3164246 314218 359364 158819 758662 3329113 4512794 0 4743272 0 0 1087020 1254312 0 0 0 1317983 2410027 2405003 8407611 924110 -3894817 12748729 10805747 514295 2221386 12234434 8584361 THE DELTA CHI FRATERNITY PROVIDES GREAT ADVANTAGES DERIVED FROM A BROTHERHOOD OF COLLEGE AND UNIVERSITY MEN, APPRECIATING THAT CLOSE ASSOCIATION MAY PROMOTE FRIENDSHIP, DEVELOP CHARACTER, ADVANCE JUSTICE AND ASSIST IN THE ACQUISITION OF A SOUND EDUCATION. 0 0 HEADQUARTERS STAFF AND BOARD. THESE MEN TRAVEL FROM CHAPTER TO CHAPTER TO WORK WITH UNDERGRADUATE MEMBERS OF DELTA CHI FRATERNITY AND TO FACILITATE EXPANSION. THEY ALSO DEVELOP WRITTEN PROGRAMMING THESE AREAS. STAFF AND THE BOARD WORK WITH THE 113 CHAPTERS AND COLONIES. PRESIDENTS ACADEMY AND REGIONAL LEADERSHIP CONFERENCE. ANNUAL ACADEMY FOR PRESIDENTS OF ALL CHAPTERS AND COSTS ASSOCIATED WITH TRAVELING TO AND FROM REGIONAL LEADERSHIP CONFERENCES FOR OFFICER TRAINING. LIABILITY INSURANCE, INSURANCE PAYMENTS, AND RISK MANAGEMENT EDUCATION FOR THE CHAPTERS, COLONIES, AND GENERAL FRATERNITY OF DELTA CHI FRATERNITY. 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 1 9 0 1 22 1 1 1 0 0 0 1 1 454195 0 0 0 0 X 13 13 0 0 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 IN IA X THE ORGANIZATION 4632077200 3845 N MERIDIAN STREET INDIANAPOLIS IN 46208 PATRICK ALDERDICE INTERNATIONAL PRESIDENT 10.00 X X 0 0 0 MATT GORNEY INTERNATIONAL SECRETARY 10.00 X X 0 0 0 MARK SEXTON INTERNATIONAL TREASURER 10.00 X X 0 0 0 GREG CAUFMAN REGENT 5.00 X 0 0 0 BEN DUNDAS REGENT 5.00 X 0 0 0 GREG GRIMES REGENT 5.00 X 0 0 0 MAX HARPER REGENT 5.00 X 0 0 0 GRANT HERRIN REGENT 5.00 X 0 0 0 NIKOLAUS KERN REGENT 5.00 X 0 0 0 JOSH KLEIN REGENT 5.00 X 0 0 0 JOHN RODICAN REGENT 5.00 X 0 0 0 CODY SCHROCK REGENT 5.00 X 0 0 0 AARON OTTO RETIRING PRESIDENT 5.00 X 0 0 0 JEROD BREIT THROUGH 13123 EXECUTIVE DIRECTOR 40.00 1.00 X 150246 0 163 KARL GRINDEL 13123 - PRESENT EXECUTIVE DIRECTOR 40.00 1.00 X 0 0 0 150246 0 163 1 0 1 0 0 175864 54658 181989 230522 MEMBERSHIP DUES 900099 1678944 1678944 INSURANCE PREMIUMS 524298 1156821 1156821 CHAPTER LOAN INTEREST 900099 179785 179785 REGISTRATION & MEALS 900099 91548 91548 FINES AND SERVICE CHAR 900099 32148 32148 25000 25000 3164246 335573 335573 43236 43236 277496 253705 23791 23791 23791 136095 74755 61340 61340 BAD DEBT RECOVERY 900099 605705 605705 MISCELLANEOUS INCOME 900099 24339 24339 REIMBURSEMENT FROM AFF 900099 24042 24042 654086 4512794 3879672 402600 0 4743272 206900 849844 14921 95486 87161 12338 98721 41725 15266 169496 45981 145582 305491 417531 3189 RISK MANAGEMENT 700962 MEMBER BENEFITS 315699 EXPANSION 42936 STRATEGIC PLANNING RESE 29065 66045 8407611 1716557 1547236 85282 154683 3257232 1930005 84615 78942 102975 158129 68802 67058 4933 1744 7231881 4969931 83082 83082 182172 1881995 12748729 10805747 104650 158369 327100 82545 2063017 514295 2221386 X 12234434 8584361 12234434 8584361 12748729 10805747 -3894817 244744 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1857377 88479 233311 46204 2132963 2203554 -313645 32532 1857377 1808047 620968 225461 2203554 1770799 37248 1808047 1588093 208919 26213 1770799 1.00000 0 1 1 68802 67058 1744 1744 RECEIVABLES FROM AFFILIATES 32648 ACCRUED INTEREST RECEIVABLE 9413 EMPLOYEE RECEIVABLE 771 OTHER ASSETS 730 WORKSMART RECEIVABE 87385 RIGHT OF USE ASSET 1751048 1881995 RISK MANAGEMENT RESERVE 252659 FUNDS HELD FOR CLOSED CHAPTERS 59310 RIGHT OF USE LIABILITY 1751048 2063017 X 4184863 244744 74755 319499 3865364 41725 605705 647430 4512794 7834936 74755 74755 7760181 41725 605705 647430 8407611 PART V, LINE 4: THE PRIMARY PURPOSE OF THE FUND IS TO ACT AS A RESERVE WHICH WILL PROVIDE FOR FUNDS FOR GENERAL OPERATIONS AS APPROVED BY THE BOARD. THE ORGANIZATION EXPECTS ITS ENDOWMENT FUND, OVER TIME, TO PROVIDE AN AVERAGE RATE OF RETURN OF SEVEN TO NINE PERCENT. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. TO SATISFY ITS LONG-TERM RATE-OF-RETURN OBJECTIVES, THE ORGANIZATION RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE ORGANIZATION TARGETS A DIVERSIFIED ASSET ALLOCATION THAT PLACES A GREATER EMPHASIS ON EQUITY-BASED INVESTMENTS TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED WITH REVENUE 74,755. PART XI, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT RECOVERY 605,705. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED WITH REVENUE 74,755. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT RECOVERY 605,705. 0 MARTLET INC 3845 N MERIDIAN STREET INDIANAPOLIS IN 46208 842326831 501C2 0 4567272 FMV OPERATIONS SUPPORT BARRISTER CAPITAL CORPORATION PO BOX 525 DECATUR IL 62525 813611704 501C7 150000 0 OPERATIONS SUPPORT FOUNDATION FOR FRATERNAL EXCELLENCE 11722 ALLISONVILLE RD BX 353 103 FISHERS IN 46038 351873572 501C3 25000 0 INDUSTRY RESEARCH FOR MEN'S INITIATIVES 1 2 X X X 0 0 0 JEROD BREIT THROUGH 13123 EXECUTIVE DIRECTOR 137246 0 13000 0 0 0 0 0 163 0 150409 0 0 0 X TRANSFER OF EARNINGS 1 175864 BOOK VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE UPDATED IN OCTOBER 2022. SIGNIFICANT CHANGES ARE AS FOLLOWS: 1. WHEN EXTRAORDINARY EVENTS PREVENT THE HOLDING OF A REGIONAL LEADERSHIP CONFERENCE, THE BOARD MAY, BY A THREE-FOURTHS (3/4) VOTE, AUTHORIZE THE HOLDING OF SAID REGIONAL LEADERSHIP CONFERENCE TOTALLY BY ELECTRONIC MEANS PROVIDING ALL DELEGATES HAVE THE ABILITY TO HEAR EACH OTHER AND PARTICIPATE IN THE DELIBERATIONS WITH EITHER SECURE ELECTRONIC VOTING OR ROLL CALL VOTES ON ITEMS OF BUSINESS AND OTHER INTERESTED FRATERNITY MEMBERS HAVE THE ABILITY TO OBSERVE THE PROCEEDINGS. IN THE EVENT THAT EXTRAORDINARY EVENTS OR UNEXPECTED WEATHER CONDITIONS WOULD PREVENT A SPECIFIC CHAPTER OR CHAPTERS FROM PHYSICALLY ATTENDING A REGIONAL LEADERSHIP CONFERENCE, THE REGENT MAY AUTHORIZE THE ATTENDANCE OF THE IMPACTED CHAPTER(S) BY ELECTRONIC MEANS AND ALLOW FOR THE PARTICIPATION IN THE BUSINESS PORTIONS OF SAID CONFERENCE IN THE SAME MANNER. 2. A DIVERSITY, EQUITY AND INCLUSION COMMITTEE (APPOINTED BY THE BOARD) WAS ADDED. THE COMMITTEE SHALL CONSIST OF FOUR ALUMNI AND THREE STUDENT MEMBERS. THE ALUMNI MEMBERS SHALL BE APPOINTED AT THE NON-CONVENTION YEAR REGULAR MEETING OF THE BOARD FOR A TWO-YEAR TERM. THE STUDENT MEMBERS SHALL BE APPOINTED AT THE POST-CONVENTION BOARD MEETING AND THE NON-CONVENTION YEAR REGULAR MEETING OF THE BOARD FOR A ONE-YEAR TERM. THE DIVERSITY, EQUITY AND INCLUSION COMMITTEE SHALL SUPPORT AND ADVANCE THE FRATERNITY'S MISSION, VISION AND VALUES BY PROVIDING GUIDANCE IN THE DEVELOPMENT AND IMPLEMENTATION OF PROACTIVE RECRUITMENT, DIVERSITY, ACCESS, INCLUSION, RECOGNITION, REPRESENTATION, AND RETENTION INITIATIVES. NO MEMBER SHALL SERVE MORE THAN TWELVE (12) CONSECUTIVE YEARS ON THE SAME STANDING COMMITTEE. THERE MUST BE A TWO-YEAR BREAK IN SERVICE BEFORE APPOINTMENT TO THE SAME COMMITTEE. THE YEARS SERVED BY A MEMBER COMPLETING THE UNEXPIRED TERM OF ANOTHER SHALL NOT BE COUNTED TOWARDS THE LIMIT ON THE TERM OF SERVICE. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP CONSISTS OF MALES REGISTERED IN ANY COLLEGE OR UNIVERSITY, WITH A CHAPTER OF THE FRATERNITY. ALUMNI MEMBERS MEMBERS OF THE FRATERNITY WHO ARE NOT ACTIVE MEMBERS OF AN UNDERGRADUATE CHAPTER AND ARE BONA FIDE RESIDENTS OF LOCALITIES IN WHICH AN ALUMNI CHAPTER IS LOCATED. FORM 990, PART VI, SECTION A, LINE 7A A DIRECTOR (REGENT) SHALL BE ELECTED BY THE CHAPTERS AND PROVISIONAL CHAPTERS OF EACH REGION. EACH REGENT SHALL BE ELECTED AT A REGIONAL LEADERSHIP CONFERENCE, AND SHALL BE CONSIDERED DULY ELECTED WHEN HE RECEIVES THE MAJORITY VOTE OF A QUORUM OF CHAPTERS AND PROVISIONAL CHAPTERS PRESENT THERE. EACH CHAPTER AND PROVISIONAL CHAPTER SHALL CAST THE SAME NUMBER OF VOTES PROVIDED IN DELTA CHI LAW FOR CONVENTION VOTING. THE VOTE SHALL BE BY SECRET BALLOT. IN THE EVENT A QUORUM IS NOT PRESENT (QUORUM IS ONE ELIGIBLE VOTE OVER 50%), NO CANDIDATE ACHIEVES A MAJORITY VOTE OF A QUORUM, OR THE BALLOTING RESULTS IN A TIE VOTE, THE CHAPTERS AND PROVISIONAL CHAPTERS OF THE REGION SHALL BE POLLED BY MAIL BY THE CURRENT REGENT WITH VOTES RETURNED TO THE HEADQUARTERS OFFICE FOR TABULATION. IF, AFTER ALL BALLOTS ARE RETURNED OR THIRTY (30) DAYS, WHICHEVER COMES FIRST, NO CANDIDATE HAS BEEN ELECTED, THEN THE BOARD OF REGENTS, ON OR AFTER JUNE 15 OF THAT YEAR, SHALL ELECT THE REGENT FROM AMONG THE CANDIDATES WITH THE TOP TWO NUMBER OF VOTES FOR THE FULL TERM DUE TO BE ELECTED. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. MANAGEMENT REVIEWS A DRAFT OF THE AUDIT PRIOR TO SHARING WITH THE BOARD OF REGENTS FOR COMMENTS. THE RETURN IS THEN FILED AFTER COMMENT PERIOD HAS PASSED. FORM 990, PART VI, SECTION B, LINE 12C EVERY BOARD MEMBER AND EVERY MANAGEMENT STAFF EMPLOYEE SIGNS A CONFLICT OF INTEREST STATEMENT AT A MINIMUM OF ONCE A YEAR. ALSO, WHEN A NEW BOARD MEMBER OR MANAGEMENT STAFF PERSON IS ADDED, THAT PERSON SIGNS A CONFLICT OF INTEREST STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE PRIMARY SOURCE OF COMPARATIVE COMPENSATION DATA COMES FROM THE ANNUAL ASSOCIATION COMPENSATION AND BENEFITS STUDY FROM THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES AND THE CENTER FOR ASSOCIATION LEADERSHIP. THE MEMBERS OF THE FRATERNITY'S EXECUTIVE COMMITTEE ALSO CONSULT WITH THEIR OWN EXPERIENCE WITHIN THEIR RESPECTIVE ORGANIZATIONS AND RELATED INDUSTRIES. THE EXECUTIVE COMMITTEE THEN DELIBERATES AND VOTES ON COMPENSATION TO BE PAID TO THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS AND 990/990-T/STATE INCOME TAX RETURNS ARE MADE AVAILABLE TO THE PERSON WHO REQUESTS THEM AS LONG AS THE REQUEST FOR COPIES IS A VALID AND REASONABLE REQUEST. ANY REQUEST THAT APPEARS TO BE, OR IS, HOSTILE IN NATURE IS DELAYED UNTIL ORGANIZATION MANAGEMENT AND/OR OFFICERS HAVE CONSULTED WITH LEGAL COUNSEL TO DETERMINE THE ACTION TO TAKE. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MARTLET INC 3845 N MERIDIAN STREET INDIANAPOLIS IN 46208 842326831 REAL ESTATE HOLDING CORP IN 501(C)(2) THE DELTA CHI FRATERNITY 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 MARTLET INC C 175864 BOOK VALUE MARTLET INC K 132000 FMV MARTLET INC B 4567272 FMV