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Fraternity Housing Corporation (FHC)

Beta Beta-Alberta.jpgThe Delta Gamma Constitution requires that each collegiate chapter has a house corporation. The following frequently asked questions and answers provide information on the purpose and the role of a house corporation. It also provides information on house corporation finances as well as reports and forms for which the house corporation is responsible.

 

Facts about the Fraternity Housing Corporation program

  • Created to provide timely and cost-effective financial services
  • Suitable for all Delta Gamma house corporations 
  • Geared to strengthen your house corporation's financial base 


Why become a participant of FHC? Because FHC can.. 

  • Institute and administer payroll management 
  • Provide record-keeping and IRS reporting services 
  • Reduce bookkeeping or accounting service costs 
  • Invoice your collegiate chapter and collect funds 
  • Process payment of all house corporation bills 
  • Balance your local house corporation account


FHC promises to...
 

  • Provide monthly financial reports to your house corporation
  • Act as liaison with the insurance company for questions, claims, and effective risk management
  • Act as liaison with any governmental agency and file all reports
  • Provide you with volunteer and staff consultants
  • Assist with budget planning and sound financial management
  • Make your house corporation duties less complicated

 

Additional information can be found in the House Corporation Handbook or by contacting the Regional Housing Specialist or Fraternity Housing Corporation office.

 

pictured above: the Beta Beta chapter house at the University of Alberta
revisions by SHK Tuesday, November 15, 2011

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