Three years ago, Phi Delta Theta's fraternity members were prepared to sell their on-campus fraternity house to Penn State for $1.1 million and live in dorms or find another house.

Problems such as a deficit, lack of alumni support and few members living in the house plagued the fraternity and led to Phi Delta Theta's alumni corporation's want to sell the house.

Refusing to sell their more than 100-year history, Phi Delta Theta members went to court and stopped the sale of their house, located at 240 N. Burrowes Road.

Then they began their "Return to Glory" campaign, a five-year campaign designed to restore the fraternity back into a self-sustaining entity. Now in the third year of the campaign, Phi Delta Theta President Dave Dunn (junior-mechanical engineering) said about 100 alumni returned to Penn State last weekend for an update on the fraternity.

"The goal [of the "Return to Glory" campaign is] to make Phi Delta Theta the best fraternity in the best house on the best property," Dunn said.

Dunn said in 2004, the fraternity was basically at its lowest point.

Now, members say they run the fraternity like a business in which the active members, alumni and corporation are cohesive. Alumni are considered "stockholders."

For the first time in the campaign, the fraternity did not have a deficit this year, Phi Delta Theta Treasurer Eli Bohemond said.

The deficit was $30,784 in the 2004-05 school year and $23,783 in 2005-06, Bohemond said. This year, the fraternity projects an income of $12,275, he said.

Along with finance information, fraternity members also discussed goals for the house, recruitment, philanthropies and social events.

"I hope today did help realize we've had an amazing turnaround," Dunn said on Saturday.