Chi Omega Fraternity
- Assets
- $27.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Medford, MA
- Founding
- 12/1940
- Data as of
- 06/2022
- EIN
- 04-2609799
Organization Overview
Chi Omega Fraternity is located in Medford, MA. The organization was established in 1940. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Chi Omega Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2022, Chi Omega Fraternity generated $37.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.4%) each year. All expenses for the organization totaled $44.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (13.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jaymie Pietropinto Chapter President | 15 | $0 | |
Nancy Healy Chapter Secretary | 15 | $0 | |
Gabriela Ackermann Logan Member Educator | 15 | $0 | |
Johanna Steinbock Director Of Programming | 15 | $0 | |
Ria Patel Chapter Vice President | 15 | $0 | |
Steph Karam Chapter Treasurer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $37,647 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $20 |
| Total Revenue | $37,667 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,981 |
| Total expenses | $43,981 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,823 |
| Other assets | $0 |
| Total assets | $27,823 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,823 |
Peer Organizations
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|---|---|---|
Benevolent Fraternity Of Unitarian Church Roxbury, MA | $18,907,229 | $2,121,494 |
Akwesasne Boys & Girls Club St Regis Mohawk Tribe Akwesasne, NY | $980,425 | $1,776,234 |
Zeta Psi Fraternity Of North America Pearl River, NY | $650,645 | $844,211 |
Theta Chi Fraternity Inc Hamilton, NY | $187,643 | $1,010,005 |
Sigma Pi Fraternity International Inc Ithaca, NY | $1,758,643 | $749,851 |
Alpha Lambda Delta Fairport, NY | $5,719,443 | $1,145,562 |
Pi Lambda Phi Fraternity Inc Greenwich, CT | $1,029,582 | $859,864 |
Lambda Chi Alpha Fraternity Inc Ithaca, NY | $99,913 | $753,956 |
Sigma Delta Tau Society Syracuse, NY | $247,838 | $761,274 |
Alpha Epsilon Phi Sorority Inc Danbury, CT | $1,675,626 | $935,849 |
Zeta Phi Chapter House Corp Of Alpha Phi Intrnatl Frat Inc Boston, MA | $2,973,626 | $954,161 |
Alpha Beta Corporation Wakefield, RI | $2,169,290 | $616,339 |