The Delta Chi Fraternity

“The organization's cpa prepares a draft copy of form 990 based on information provided by the organization. The draft copy is given to the executive director, who then performs a review of all information in the form and related schedules and supplemental information. The executive director then notifies the cpa of the changes that need to be made. When the executive director receives the final version of the return, he reviews it to make sure all changes have been made. If so, the return is then filed. If any other changes need to be made, the executive director informs the cpa of those changes and he reviews any additional versions of the return for additional changes. If all changes have been made, the return is then filed.”

“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.”

“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.”

“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.”

“We, the members of the delta chi fraternity, believing that great advantages are to be 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, do ordain and establish this constitution.”

“Cost of liability insurance. Liability insurance coverage was purchased for 102 chapters and 10 colonies. The chapters were billed for their share of the premiums plus risk management programming (seminars, newsletters, printed materials and incident investigations).”