Chi Omega Fraternity is located in Lawrence, KS. 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 06/2023, Chi Omega Fraternity generated $161.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $166.8k during the year ending 06/2023. While expenses have increased by 1.9% 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE SOCIAL EVENTS AND A HOUSE FOR CHAPTER MEETINGS FOR APPROXIMATELY 100 WOMEN.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sejal Thapa Vice President | 0 | $0 | |
Kate Vankeirsbilck Secretary | 0 | $0 | |
Iris Sherron Treasurer | 0 | $0 | |
Ava Lemon President | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $633 |
| Total Program Service Revenue | $0 |
| Membership dues | $161,118 |
| Investment income | $110 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $161,861 |
| 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 | $850 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $165,986 |
| Total expenses | $166,836 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,448 |
| Other assets | $0 |
| Total assets | $56,448 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,448 |