Civic Intelligence

Delta Chi Housing Corporation

EIN 72-1576042 • 501(c)7 • Carver, MN

Profile

The corporation is organized, and shall be operated, to raise funds to provide suitable housing for the members of the delta chi fraternity at south dakota state university

1222 Maple LnCarver, MN 55315

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

0.85x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

100th percentile

47.80x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2023

Net Margin

1st percentile

-185%

Higher net margin than 1% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)7 • $500k-$1M nonprofits • Source year 2023

Asset Growth

20th percentile

-5.6%

Faster asset growth than 20% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

1st percentile

-71%

Faster revenue growth than 1% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$747,571

Down $43,931 (-5.6%) from 2022

Liabilities

Down

$634,617

Down $12,973 (-2.0%) from 2022

Net Assets

Down

$112,954

Down $30,958 (-22%) from 2022

Revenue

Down

$13,276

Down $32,117 (-71%) from 2022

Expenses

Down

$37,815

Down $6,238 (-14%) from 2022

Net Income

Down

-$24,539

Down $25,879 (-1931%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2016: $914,907Liabilities 2016: $859,653Net Assets 2016: $55,2542016Assets 2017: $1,014,036Liabilities 2017: $862,524Net Assets 2017: $151,5122017Assets 2018: $972,958Liabilities 2018: $781,872Net Assets 2018: $191,0862018Assets 2019: $887,266Liabilities 2019: $728,437Net Assets 2019: $158,8292019Assets 2020: $865,251Liabilities 2020: $701,760Net Assets 2020: $163,4912020Assets 2021: $818,598Liabilities 2021: $676,021Net Assets 2021: $142,5772021Assets 2022: $791,502Liabilities 2022: $647,590Net Assets 2022: $143,9122022Assets 2023: $747,571Liabilities 2023: $634,617Net Assets 2023: $112,9542023

Highlighted filing

2023

Assets$747,571
Liabilities$634,617
Net Assets$112,954

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2016: $131,833Expenses 2016: $70,267Net Income 2016: $61,5662016Revenue 2017: $197,475Expenses 2017: $135,619Net Income 2017: $61,8562017Revenue 2018: $132,930Expenses 2018: $93,359Net Income 2018: $39,5712018Revenue 2019: $38,722Expenses 2019: $70,955Net Income 2019: -$32,2332019Revenue 2020: $58,436Expenses 2020: $49,834Net Income 2020: $8,6022020Revenue 2021: $17,516Expenses 2021: $39,359Net Income 2021: -$21,8432021Revenue 2022: $45,393Expenses 2022: $44,053Net Income 2022: $1,3402022Revenue 2023: $13,276Expenses 2023: $37,815Net Income 2023: -$24,5392023

Highlighted filing

2023

Revenue$13,276
Expenses$37,815
Net Income-$24,539

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 12, 2024
Return Version
2023v5.1
Gross Receipts
$73,572
Mission and Program Overview

Mission

The corporation is organized, and shall be operated, to raise funds to provide suitable housing for the members of the delta chi fraternity at south dakota state university

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$775,774$738,291▼ $37,483
Rtn Earn Endowment Incm Other Fnds$143,912$112,954▼ $30,958
Cash and Non-Interest-Bearing Accounts$15,728$9,280▼ $6,448
Total Assets$791,502$747,571▼ $43,931
Liabilities
Unsecured Notes Loans Payable$647,590$634,617▼ $12,973
Total Liabilities$647,590$634,617▼ $12,973
Net Assets / Fund Balance
Total Net Assets Fund Balance$143,912$112,954▼ $30,958
Total Liabilities and Net Assets / Fund Balance$791,502$747,571▼ $43,931

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$738,291$292,380-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Daniel RobertsPresident
Daniel VellekTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,640
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$8,636
All Other Contributions
$4,640
Change in Net Assets
$-24,539
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$37,815
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$0$0$0$37,483
Fees for Services Accounting$0$0$0$277
Other Expenses$0$0$0$55
Total Functional Expenses$0$0$0$37,815
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Delta Chi Housing Corporation
EIN
72-1576042
Phone
6056617881
Address
1222 MAPLE LN, CARVER, MN 55315

Signing Officer

Name
Daniel Vellek
Title
Treasurer
Phone
6056617881
Signed
2024-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Vellek
Formed
2003
Legal Domicile
Mn
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
10

Preparer

Firm
Steen Bookkeeping Service Inc
Address
317 5TH STREET, BROOKINGS, SD 57006
Preparer
Craig Steen
Phone
6056924745
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The tax return is prepared by an independent preparer

Pt VI, Line 11B

And is reviewed and signed by an officer.

Raw XML Appendix243 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE CORPORATION IS ORGANIZED, AND SHALL BE OPERATED, TO RAISE FUNDS TO PROVIDE SUITABLE HOUSING FOR THE MEMBERS OF THE DELTA CHI FRATERNITY AT SOUTH DAKOTA STATE UNIVERSITY
IRS990/AllOtherContributionsAmt04640
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0DANIEL VELLEK
IRS990/BooksInCareOfDetail/PhoneNum06056617881
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01222 MAPLE LN
IRS990/BooksInCareOfDetail/USAddress/CityNm0CARVER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055315
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt015728
IRS990/CashNonInterestBearingGrp/EOYAmt09280
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04640
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt037815
IRS990/CYOtherRevenueAmt08636
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-24539
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt037815
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt013276
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt00
IRS990/DepreciationDepletionGrp/TotalAmt037483
IRS990/Desc0NONE
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt0277
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/PersonNm0DANIEL ROBERTS
IRS990/Form990PartVIISectionAGrp/PersonNm1DANIEL VELLEK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0true
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt073572
IRS990/GrossReceiptsForPublicUseAmt00
IRS990/GrossRentsGrp/RealAmt068932
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InitiationFeesAndCapContriAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0292380
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0775774
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0738291
IRS990/LandBldgEquipCostOrOtherBssAmt01030671
IRS990/LegalDomicileStateCd0MN
IRS990/LessRentalExpensesGrp/RealAmt060296
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE CORPORATION IS ORGANIZED, AND SHALL BE OPERATED, TO RAISE FUNDS TO PROVIDE SUITABLE HOUSING FOR THE MEMBERS OF THE DELTA CHI FRATERNITY AT SOUTH DAKOTA STATE UNIVERSITY
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0143912
IRS990/NetAssetsOrFundBalancesEOYAmt0112954
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt08636
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt08636
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0MISC. EXP.
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/TotalAmt055
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DANIEL VELLEK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt024190
IRS990/PYOtherExpensesAmt044053
IRS990/PYOtherRevenueAmt021203
IRS990/PYRevenuesLessExpensesAmt01340
IRS990/PYTotalExpensesAmt044053
IRS990/PYTotalRevenueAmt045393
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-24539
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt08636
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0143912
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0112954
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0738291
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0292380
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01030671
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0738291
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TAX RETURN IS PREPARED BY AN INDEPENDENT PREPARER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AND IS REVIEWED AND SIGNED BY AN OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0791502
IRS990/TotalAssetsEOYAmt0747571
IRS990/TotalAssetsGrp/BOYAmt0791502
IRS990/TotalAssetsGrp/EOYAmt0747571
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt04640
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt037815
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0647590
IRS990/TotalLiabilitiesEOYAmt0634617
IRS990/TotalLiabilitiesGrp/BOYAmt0647590
IRS990/TotalLiabilitiesGrp/EOYAmt0634617
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0143912
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0112954
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt08636
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt013276
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0791502
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0747571
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0647590
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0634617
IRS990/USAddress/AddressLine1Txt01222 MAPLE LN
IRS990/USAddress/CityNm0CARVER
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055315
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL VELLEK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06056617881
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DELTA CHI HOUSING CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0DELT
ReturnHeader/Filer/EIN0721576042
ReturnHeader/Filer/PhoneNum06056617881
ReturnHeader/Filer/USAddress/AddressLine1Txt01222 MAPLE LN
ReturnHeader/Filer/USAddress/CityNm0CARVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055315
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0460393709
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STEEN BOOKKEEPING SERVICE INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0317 5TH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BROOKINGS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd057006
ReturnHeader/PreparerPersonGrp/PhoneNum06056924745
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CRAIG STEEN
ReturnHeader/ReturnTs02024-11-12T06:15:11-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.