Chi Omega Fraternity
- Assets
- $238.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 12/1940
- Data as of
- 06/2023
- EIN
- 62-6074044
Organization Overview
Chi Omega Fraternity is located in Nashville, TN. 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 $165.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $168.9k during the year ending 06/2023. While expenses have increased by 3.2% 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
TO PROMOTE LASTING AND ENDURING FRIENDSHIPS AMONG ITS MEMBERS. TO FOSTER HIGHER STANDARDS OF INTELLECTUAL ACHIEVEMENT AND ETHICAL BEHAVIOR AMONG ITS MEMBERS. TO PROMOTE THE EDUCATION OF ITS MEMBERS AND TO PROMOTE THE EDUCATIONAL AND SOCIAL MILIEU OF THE COLLEGE WHERE ITS CHAPTER OF CHI OMEGA FRATERNITY IS ESTABLISHED AND TO PROMOTE THE DEVELOPMENT OF EDUCATION AND ADVANCEMENT IN LIFE OF ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angie Mcanulty Personnel | 3.5 | $0 | |
Clara Chandler Recruitment | 4 | $0 | |
Jane Sharp Financial | 3 | $0 | |
Josslyn Kimbrough Personnel | 3 | $0 | |
Juliann Parker Panhellenic | 0.25 | $0 | |
Kathleen Knight Evers Co-New Member | 1.8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $161,225 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $177 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $165,056 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $168,916 |
| Total expenses | $168,916 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $234,284 |
| Other assets | $0 |
| Total assets | $238,708 |
| Total liabilities | $0 |
| Net assets or fund balances | $238,708 |