Chi Omega Fraternity
- Assets
- $42.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morgantown, WV
- Founding
- 12/1940
- Data as of
- 06/2023
- EIN
- 55-6030093
Organization Overview
Chi Omega Fraternity is located in Morgantown, WV. 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 $131.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $121.4k during the year ending 06/2023. While expenses have increased by 0.7% per year over the past 7 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Callie Staud President | 6 | $0 | |
Maggie Fahey Vice-President | 4 | $0 | |
Sidonie Taylor Secretary | 3 | $0 | |
Emily Coram Treasurer | 3 | $0 | |
Genevieve Hummer New Member Educator | 3 | $0 | |
Emma Jagiello Personnel Chair | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $756 |
| Total Program Service Revenue | $0 |
| Membership dues | $121,758 |
| Investment income | $86 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9,284 |
| Total Revenue | $131,884 |
| 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 | $8,100 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $113,290 |
| Total expenses | $121,390 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,440 |
| Other assets | $0 |
| Total assets | $42,270 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,270 |