Theta Chi Realty Corporation Member Housing Management

About Theta Chi Realty Corporation

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.

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Connect with our Theta Chi Realty Corp Key Contacts

Member & Parent Notice Board

  • Member room and board due first week in December.
  • Fall Pledges need to reach out to Dean Allen, your Alpha Iota House Manager, PH: 317-760-9120 or Email: deanallen.hk@gmail.com to discuss this Spring 2020 or next Fall Realty Corp Leases. May be opportunities to move into the Chapter House this Spring. Realty Corp can help with the existing lease terminations for some of the new Pledge Class members.

Member Scholarship Opportunities

The Foundation Chapter of Theta Chi provides scholarships to brothers pursuing undergraduate and graduate degrees who demonstrate outstanding academic performance; service to the Fraternity, school and community; leadership activities; financial need; and clear personal and career goals and objectives.
The scholarship application for the 2019/2020 academic year is closed. The application link for the 2020/2021 academic year will be available on this page near the end of December 2019.

Theta Chi Alumni can make tax deductible scholarship donations to the Alpha Iota Educational Foundation through the following Scholarship Donation link: Alpha Iota Education Foundation Link

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