Chi Club is located in West Point, NE. The organization was established in 1945. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Chi Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Chi Club generated $99.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $48.4k during the year ending 12/2022. While expenses have increased by 4.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE HOUSING FOR MEDICAL STUDENTS AT UNIVERSITY OF NE MED CENTER
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Herman Hernandez President | 1 | $0 | |
Zachary Wordekemper Treasurer | 1 | $0 | |
James Maliszawski Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $98,790 |
| Total Revenue | $99,790 |
| 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 | $525 |
| Occupancy, rent, utilities, and maintenance | $15,082 |
| Printing, publications, postage, and shipping | $124 |
| Other expenses | $32,636 |
| Total expenses | $48,367 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $190,392 |
| Other assets | $0 |
| Total assets | $230,392 |
| Total liabilities | $0 |
| Net assets or fund balances | $230,392 |