Chi Omega Holding Association is located in Manhattan, KS. The organization was established in 1969. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. As of 06/2024, Chi Omega Holding Association employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chi Omega Holding Association 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 Holding Association generated $919.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $650.5k during the year ending 06/2024. While expenses have increased by 1.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HOUSING FOR COLLEGE SORORITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HOUSING FOR MEMBERS AND AFFILIATES OF ACTIVE CHAPTER OF COLLEGE SORORITY. LASTING FRIENDSHIPS AND INTELLECTUAL ACHIEVEMENT ARE ENCOURAGED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tara Burkhart Treasurer/vp | OfficerTrustee | 1 | $0 |
Taylor Rahe Farrar Secretary | OfficerTrustee | 1 | $0 |
Kim Jacobson VP Personnel | OfficerTrustee | 1 | $0 |
Joan Mccrillis-Lafferty Director | Trustee | 1 | $0 |
Marilyn Mccrillis-Nichols President | OfficerTrustee | 2 | $0 |
Kristin Nichols VP Marketing | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $25,400 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $25,400 |
Total Program Service Revenue | $605,731 |
Investment income | $12 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $919,182 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $52,793 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,768 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $11,855 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $13,721 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $1,216 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $173,267 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $70,732 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $99,438 |
Insurance | $30,926 |
All other expenses | $4,814 |
Total functional expenses | $650,496 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $264,586 |
Savings and temporary cash investments | $25,323 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,822,667 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,112,576 |
Accounts payable and accrued expenses | $1,419 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,281,027 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $16,049 |
Total liabilities | $1,298,495 |
Net assets without donor restrictions | $814,081 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,112,576 |