Chi Omega Fraternity
- Assets
- $41.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hattiesburg, MS
- Founding
- 12/1940
- Data as of
- 06/2024
- EIN
- 64-6025044
Organization Overview
Chi Omega Fraternity is located in Hattiesburg, MS. 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 06/2024, Chi Omega Fraternity generated $182.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $223.5k during the year ending 06/2024. 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
SOCIAL FRATERNAL ORGANIZATION FORMED TO ENHANCE THE LEADERSHIP AND EDUCATIONAL EXPERIENCES OF THE MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Peden President | 8 | $0 | |
Gracie Lewis Vice President | 8 | $0 | |
Sarah Pazos Secretary | 8 | $0 | |
Lauren Curry Treasurer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $181,958 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $50 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $182,008 |
| 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 | $16,980 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $206,569 |
| Total expenses | $223,549 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,851 |
| Other assets | $0 |
| Total assets | $41,851 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,851 |