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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Member & Parent Notice Board

UPDATED 7/12/20

 

 

  • Hope you had a great 4th!

 

  • We have confirmed that the Alpha Iota Chapter Exec Board has received Indiana University's recommended procedures for coming back to school this Fall. You can ask them to circulate it so that everyone has seen it. We will work to get these procedures posted on this website in the near future.

 

  • This Fall's Room & Board is Now Due. No penalties will be assessed for Late Fees until August 8th. Payments made on your OmegaFi Realty Corp will take at least 24 hours to post your payment in their system. Good to get payment in sooner than later to make sure it is posted to the Member's account before they head to school.

 

  • All Member's Room Security Deposit should have been paid when the Housing Contract was signed. It is now subject to a late fee if not paid by this Wednesday, July 15th.

 

  • MEMBER & PARENT Zoom Meeting Invite notice will be posted for one of the first Tuesday nights in August. We will work with your Executive Board to set up a time and date..
  • You can always reach out to the Alpha Iota House Manager, Dean Allen, at PH: 317-760-9120 or Email: deanallen.hk@gmail.com to discuss housing and room assignments for the fall.

  • ¬†Enjoy the summer!

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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