Chi Omega Fraternity

Organization Overview

Chi Omega Fraternity is located in Memphis, TN. The organization was established in 1940. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 04/2022, Chi Omega Fraternity employed 56 individuals. This organization is a parent organization of 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 04/2022, Chi Omega Fraternity generated $9.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $7.4m during the year ending 04/2022. While expenses have increased by 2.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

INTERGENERATIONAL WOMEN'S ORGANIZATION PROVIDING EDUCATION AND DEVELOPMENT TO ALL MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHAPTER SUPERVISION FOR 181 COLLEGIATE CHAPTERS WITH 26,000 COLLEGIATE MEMBERS AND APPROXIMATELY 268,000 LIVING ALUMNAE.


EDUCATIONAL PROGRAMS - PROGRAMS FOR COLLEGIATE AND ALUMNAE MEMBERS THAT ARE ALIGNED WITH THE FRATERNITY'S MISSION AND THAT FOCUS ON LEADERSHIP, SCHOLARSHIP, SERVICE AND LIFE SKILLS.


NATIONAL MEETINGS - BIENNIALLY, COLLEGIATE CHAPTER OFFICERS AND ALUMNA CONVENE TO CONDUCT THE GENERAL BUSINESS OF THE FRATERNITY. (CONVENTION) ANNUALLY, COLLEGIATE CHAPTER OFFICERS AND ALUMNAE ADVISORS ATTEND EDUCATIONAL SESSIONS TO DEVELOP LEADERSHIP SKILLS AND LEARN HOW THEY CAN BETTER SERVE THEIR CHAPTERS AND LOCAL COMMUNITY. (FIRESIDES LEADERSHIP TRAINING)


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$5,738,350
Fundraising events$0
Related organizations$0
Government grants $427,500
All other contributions, gifts, grants, and similar amounts not included above$767,502
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,933,352
Total Program Service Revenue$1,626,991
Investment income $496,197
Tax Exempt Bond Proceeds $0
Royalties $318,136
Net Rental Income $14,400
Net Gain/Loss on Asset Sales $237,823
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,626,899

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Chi Omega Fraternity has recieved totaling $500.

Awarding OrganizationAmount
Cline-Lofftus Foundation

Monmouth, IL

PURPOSE: EDUCATIONAL

$500
View Grant Recipient Profile

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