Phi Chi Medical Fraternity Inc
- Assets
- $160.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 05/1966
- Data as of
- 05/2024
- EIN
- 47-6043943
Organization Overview
Phi Chi Medical Fraternity Inc is located in Omaha, NE. The organization was established in 1966. 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. Phi Chi Medical Fraternity Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2024, Phi Chi Medical Fraternity Inc generated $92.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $75.0k during the year ending 05/2024. While expenses have increased by 6.2% per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
STUDENTS THAT PROVIDE A MEETING PLACE, LIBRARY AND DINING ROOM
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $91,968 |
| Total Revenue | $91,968 |
| 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 | $74,988 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $74,988 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,205 |
| Other assets | $0 |
| Total assets | $160,605 |
| Total liabilities | $10,672 |
| Net assets or fund balances | $149,933 |