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Theta Chi Corporation

  • Ames, IA
  • Tax-exempt since June 1945
  • EIN: 42-6063946

Organization summary

Type of Nonprofit

Designated as a Corporations created to hold titles for property owned by another nonprofit.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$282k (2023)

Expenses
$350k (2023)

Total Assets
$601k (2023)

Total Liabilities
$39.5k (2023)

Source: Form 990 tax filings from 2010 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$282,117
Expenses
$350,216
Net Income
-$68,099
Net Assets
$561,792
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,827
0.6%
Program Services $279,366
99.0%
Investment Income $924
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $3,000
0.9%
Assets/Debt
Total Assets $601,289
Total Liabilities $39,497
Net Assets $561,792
Compensation
Key Employees and Officers Compensation Related Other
Brandon Cutler (Director) $0 $0 $0
Josh Hibben (Chapter Advi) $0 $0 $0
Ted Hovda (President) $0 $0 $0
Dave Matulac (Director) $0 $0 $0
Andy Nelson (Vice Preside) $0 $0 $0
Alan Terrell (Treasurer) $0 $0 $0
Kurt Tjaden (Director) $0 $0 $0
Jon Fleming (Chapter Advi) $0 $0 $0
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Document Links

990
Filed on May 9, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$264,069
Expenses
$260,613
Net Income
$3,456
Net Assets
$629,891
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,522
2.1%
Program Services $258,324
97.8%
Investment Income $223
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $3,000
1.2%
Assets/Debt
Total Assets $629,891
Total Liabilities $0
Net Assets $629,891
Compensation
Key Employees and Officers Compensation Related Other
Brandon Cutler (Director) $0 $0 $0
Josh Hibben (Chapter Advi) $0 $0 $0
Ted Hovda (President) $0 $0 $0
Dave Matulac (Director) $0 $0 $0
Andy Nelson (Vice Preside) $0 $0 $0
Alan Terrell (Treasurer) $0 $0 $0
Kurt Tjaden (Director) $0 $0 $0
Jon Fleming (Chapter Advi) $0 $0 $0
+ View more people

Document Links

990
Filed on July 12, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$216,531
Expenses
$243,415
Net Income
-$26,884
Net Assets
$626,435
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $216,531
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $320
0.1%
Assets/Debt
Total Assets $626,435
Total Liabilities $0
Net Assets $626,435
Compensation
Key Employees and Officers Compensation Related Other
Brandon Cutler (Director) $0 $0 $0
Josh Hibben (Chapter Advi) $0 $0 $0
Ted Hovda (President) $0 $0 $0
Dave Matulac (Director) $0 $0 $0
Andy Nelson (Vice Preside) $0 $0 $0
Alan Terrell (Treasurer) $0 $0 $0
Kurt Tjaden (Director) $0 $0 $0
Jon Fleming (Chapter Advi) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$384,061
Expenses
$202,920
Net Income
$181,141
Net Assets
$653,319
Notable Sources of Revenue Percent of Total Revenue
Contributions $171,000
44.5%
Program Services $213,061
55.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,847
0.9%
Assets/Debt
Total Assets $672,320
Total Liabilities $19,001
Net Assets $653,319
Compensation
Key Employees and Officers Compensation Related Other
Brandon Cutler (Director) $0 $0 $0
Ed Gschneider (Director) $0 $0 $0
Josh Hibben (Director) $0 $0 $0
Ted Hovda (President) $0 $0 $0
Dave Matulac (Director) $0 $0 $0
Andy Nelson (Vice Preside) $0 $0 $0
Alan Terrell (Treasurer) $0 $0 $0
Jon Fleming (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 12, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$258,800
Expenses
$217,087
Net Income
$41,713
Net Assets
$472,177
Notable Sources of Revenue Percent of Total Revenue
Contributions $32,967
12.7%
Program Services $225,805
87.3%
Investment Income $28
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,771
1.3%
Assets/Debt
Total Assets $702,056
Total Liabilities $229,879
Net Assets $472,177
Compensation
Key Employees and Officers Compensation Related Other
Brandon Cutler (Director) $0 $0 $0
Jon Fleming (Director) $0 $0 $0
Ed Gschneider (Director) $0 $0 $0
Josh Hibben (Director) $0 $0 $0
Ted Hovda (President) $0 $0 $0
Dave Matulac (Director) $0 $0 $0
Andy Nelson (Vice Preside) $0 $0 $0
Alan Terrell (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 16, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$162,508
Expenses
$171,152
Net Income
-$8,644
Net Assets
$430,464
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,956
2.4%
Program Services $158,517
97.5%
Investment Income $35
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,000
0.6%
Assets/Debt
Total Assets $717,084
Total Liabilities $286,620
Net Assets $430,464
Compensation
Key Employees and Officers Compensation Related Other
Alan Terrell (Treasurer) $0 $0 $0
Ted Hovda (President) $0 $0 $0
Larry Buss (Director) $0 $0 $0
Brandon Cutler (Director) $0 $0 $0
Jon Fleming (Director) $0 $0 $0
Andy Nelson (Vice Preside) $0 $0 $0
Josh Hibben (Director) $0 $0 $0
Ed Gschneider (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Jan. 16, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$188,707
Expenses
$185,446
Net Income
$3,261
Net Assets
$439,108
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,192
1.7%
Program Services $185,472
98.3%
Investment Income $43
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $756,616
Total Liabilities $317,508
Net Assets $439,108
Compensation
Key Employees and Officers Compensation Related Other
Alan Terrell (Treasurer) $0 $0 $0
Ted Hovda (President) $0 $0 $0
Larry Buss (Director) $0 $0 $0
Brandon Cutler (Director) $0 $0 $0
Andy Nelson (Director) $0 $0 $0
Jon Fleming (Director) $0 $0 $0
Ed Schneidner (Vice Preside) $0 $0 $0
Josh Hibben (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 14, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$188,304
Expenses
$183,752
Net Income
$4,552
Net Assets
$441,341
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,002
1.1%
Program Services $186,257
98.9%
Investment Income $45
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $788,473
Total Liabilities $347,132
Net Assets $441,341
Compensation
Key Employees and Officers Compensation Related Other
Alan Terrell (Treasurer) $0 $0 $0
Ted Hovda (President) $0 $0 $0
Larry Buss (Director) $0 $0 $0
Brandon Cutler (Director) $0 $0 $0
Andy Nelson (Director) $0 $0 $0
Jon Fleming (Director) $0 $0 $0
Ed Schneidner (Vice Preside) $0 $0 $0
Josh Hibben (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 2, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$171,263
Expenses
$157,403
Net Income
$13,860
Net Assets
$437,804
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,263
0.7%
Program Services $169,961
99.2%
Investment Income $39
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $813,106
Total Liabilities $375,302
Net Assets $437,804
Compensation
Key Employees and Officers Compensation Related Other
Alan Terrell (Treasurer) $0 $0 $0
Ted Hovda (President) $0 $0 $0
Larry Buss (Director) $0 $0 $0
Brandon Cutler (Director) $0 $0 $0
Andy Nelson (Director) $0 $0 $0
Jon Fleming (Director) $0 $0 $0
Ed Schneidner (Vice Preside) $0 $0 $0
Josh Hibben (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 28, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$159,919
Expenses
$155,890
Net Income
$4,029
Net Assets
$422,941
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $159,919
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $2,000
1.3%
Assets/Debt
Total Assets $825,435
Total Liabilities $402,494
Net Assets $422,941
Compensation
Key Employees and Officers Compensation Related Other
Alan Terrell (Treasurer) $0 $0 $0
Ted Hovda (President) $0 $0 $0
Larry Buss (Director) $0 $0 $0
Brandon Cutler (Director) $0 $0 $0
Andy Nelson (Director) $0 $0 $0
Jon Fleming (Director) $0 $0 $0
Ed Gschneidner (Vice Preside) $0 $0 $0
Josh Hibben (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on July 27, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$126,112
Expenses
$144,765
Net Income
-$18,653
Net Assets
$417,756
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $126,112
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $5,536
3.8%
Assets/Debt
Total Assets $847,696
Total Liabilities $429,940
Net Assets $417,756
Compensation
Key Employees and Officers Compensation Related Other
Larry Squiers (Treasurer) $0 $0 $0
Ted Hovda (President) $0 $0 $0
Larry Buss (Director) $0 $0 $0
Brandon Cutler (Director) $0 $0 $0
Stan Danielson (Director) $0 $0 $0
Jon Fleming (Director) $0 $0 $0
Ed Gschneidner (Vice Preside) $0 $0 $0
Josh Hibben (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 14, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$129,630
Expenses
$156,484
Net Income
-$26,854
Net Assets
$436,409
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $129,630
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $9,581
6.1%
Assets/Debt
Total Assets $882,593
Total Liabilities $446,184
Net Assets $436,409

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$126,992
Expenses
$164,094
Net Income
-$37,102
Net Assets
$463,262
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $126,992
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $11,475
7.0%
Assets/Debt
Total Assets $925,205
Total Liabilities $461,943
Net Assets $463,262

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$106,055
Expenses
$147,740
Net Income
-$41,685
Net Assets
$500,364
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $106,055
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $11,500
7.8%
Assets/Debt
Total Assets $976,523
Total Liabilities $476,159
Net Assets $500,364

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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