Chi Omega Fraternity

Organization Overview

Chi Omega Fraternity is located in Mooresville, NC. 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 $22.2k 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 (16.1%) each year. All expenses for the organization totaled $19.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (16.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

TO PROMOTE LASTING AND ENDURING FRIENDSHIPS AMONGITS MEMBERS; TO FOSTER HIGHER STANDARDS OF INTELLECTUALACHIEVEMENT AND ETHICAL BEHAVIOR AMONG ITS MEMBERS.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Membership dues$22,195
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$22,195

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