Chi Omega Fraternity is located in Washington, DC. 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 06/2024, Chi Omega Fraternity generated $76.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $88.8k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
CONDUCTED SEVERAL EVENTS WITH ALL ENTRY FEES CONTRIBUTED DIRECTLY TO MAKE-A-WISH FOUNDATION IN KEEPING WITH THE CHI OMEGA NATIONAL PHILANTROPHY, INCLUDING: A BASKETBALL TOURNAMENT INVOLVING TEAMS FROM GEORGE WASHINGTON UNIVERSITY'S FRATERNITIES, VARIOUS CONCERT, MERCHANDISE ORDERS, AND FOOD/MEAL EVENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sophia Lichtenstein Chapter President | 20 | $0 | |
Elyse Arragon Chapter Vice President | 15 | $0 | |
Kieley Stallings Chapter Secretary | 20 | $0 | |
Amelie Lebourgeois Chapter Treasurer | 15 | $0 | |
Olivia Zachary Member Educator | 15 | $0 | |
Emma Channell Personnel Chair | 15 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $67,385 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $8,797 |
| Total Revenue | $76,182 |
| 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 | $1,600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $67,760 |
| Total expenses | $88,822 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,896 |
| Other assets | $0 |
| Total assets | $158,214 |
| Total liabilities | $92,171 |
| Net assets or fund balances | $66,043 |