The Theta Chi Realty Corporation is organized under the Indiana Not-For-Profit Act and exists to provide housing for the Alpha Iota Chapter of Theta Chi Fraternity at Indiana University. It is our mission to continue to update and maintain the Chapter House. The money we collect is used for servicing debt, providing foodservice to the members, paying our House Director, accountant and other expenses for operating the house, repairs and making capital improvements.

We rely Alumni donations for special projects for the house and are always welcome. We have recently agreed to update our life safety systems by installing a sprinkler system throughout the first floor. We typically take on debt for the improvement projects. Our lenders require us to pay them back and our source of cash flow is from the payment of Room, Board and Live Out Dues from the Members as our cash flow. We have hired the services of OmegaFi to electronically sign Member leases and allows the Members to pay their Room and Board online which was done manually in the past.

Once a year the Board holds its annual meeting, which all members are invited to attend, reviews its actions and financial status for the membership, and conducts elections for Officers and Directors.