Alpha Chi Omega National Housing Corporation is located in Indianapolis, IN. The organization was established in 1996. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alpha Chi Omega National Housing Corporation is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 07/2021, Alpha Chi Omega National Housing Corporation generated $16.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $12.1m during the year ending 07/2021. While expenses have increased by 13.6% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ALPHA CHI OMEGA NATIONAL HOUSING CORPORATION ENHANCES THE REAL. STRONG. WOMEN. EXPERIENCE BY PROVIDING SAFE AND COMPETITIVE FACILITIES WHERE MEMBERS CONNECT, LEAD, GROW AND SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ALPHA CHI OMEGA NATIONAL HOUSING CORPORATION (NHC) IS DEDICATED TO PROVIDING A SPACE FOR OUR MEMBERS TO SHARE WITH THEIR SISTERS, STUDY, CELEBRATE AND MAKE MEMORIES. THE NHC TEAM IS RESPONSIBLE FOR COLLEGIATE CHAPTER FACILITIES WHICH ARE OWNED, LEASED OR MANAGED BY THE NHC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donna Mcgrath Klinge President | OfficerTrustee | 5 | $0 |
Mikelle Holt Brady Vice President | OfficerTrustee | 5 | $0 |
Alice Snedeker Secretary/treasurer | OfficerTrustee | 5 | $0 |
Katie Gaffin CEO | Officer | 10 | $0 |
Julie Goldsberry Senior Financial Controller | Officer | 16 | $0 |
Jennifer Daurora Board Of Directors | Trustee | 5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Oconee Construction Services Inc Gc Fees For Large Renovation Project | 7/30/21 | $2,103,315 |
Campus Cooks Llc Corp Food Service | 7/30/21 | $588,376 |
Spring Valley Construction Company Corpo Gc Fees For Large Renovation Project | 7/30/21 | $4,458,295 |
College Fresh Inc Food Service | 7/30/21 | $415,559 |
Treanorhl Inc Architect Fees | 7/30/21 | $244,107 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $2,066,382 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $3,278,342 |
Noncash contributions included in lines 1a–1f | $2,240,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,344,724 |
Total Program Service Revenue | $10,819,705 |
Investment income | $11,655 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$149,030 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $16,027,721 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $53,283 |
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. | $75,724 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $487,408 |
Pension plan accruals and contributions | $22,408 |
Other employee benefits | $34,461 |
Payroll taxes | $39,570 |
Fees for services: Management | $0 |
Fees for services: Legal | $30,809 |
Fees for services: Accounting | $23,750 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $62,662 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $189,389 |
Advertising and promotion | $0 |
Office expenses | $5,255 |
Information technology | $9,595 |
Royalties | $0 |
Occupancy | $4,119,111 |
Travel | $24,952 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $984,678 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,630,292 |
Insurance | $191,378 |
All other expenses | $0 |
Total functional expenses | $12,105,748 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $10,257,608 |
Pledges and grants receivable | $2,338,500 |
Accounts receivable, net | $27,399 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $413,289 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $71,929 |
Net Land, buildings, and equipment | $54,672,326 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $325,740 |
Total assets | $68,106,791 |
Accounts payable and accrued expenses | $1,014,993 |
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 | $26,550,781 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,693,043 |
Total liabilities | $30,258,817 |
Net assets without donor restrictions | $32,244,148 |
Net assets with donor restrictions | $5,603,826 |
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 | $68,106,791 |
Over the last fiscal year, we have identified 2 grants that Alpha Chi Omega National Housing Corporation has recieved totaling $260,543.
Awarding Organization | Amount |
---|---|
Alpha Chi Omega Foundation Inc Indianapolis, IN PURPOSE: CHAPTER HOUSING GRANT | $142,764 |
Alpha Chi Omega Fraternity Inc Indianapolis, IN PURPOSE: CAPITAL IMPROVEMENTS TO NATIONAL HOUSING CORPORATION PROPERTIES | $117,779 |
Organization Name | Assets | Revenue |
---|---|---|
Zeta Tau Alpha Fraternity Carmel, IN | $13,572,932 | $39,083,661 |
Medinah Country Club Medinah, IL | $51,813,196 | $25,838,666 |
Union League Club Of Chicago Chicago, IL | $26,749,429 | $20,158,030 |
Missouri Athletic Club St Louis, MO | $22,640,194 | $18,091,674 |
Alpha Chi Omega Fraternity Inc Indianapolis, IN | $29,119,055 | $16,507,869 |
Butterfield Country Club Oak Brook, IL | $37,524,568 | $14,281,799 |
University Club Of Chicago Chicago, IL | $40,558,650 | $14,990,991 |
Bellerive Country Club Saint Louis, MO | $30,118,733 | $15,442,843 |
Alpha Chi Omega National Housing Corporation Indianapolis, IN | $68,106,791 | $16,027,721 |
National Association Of Intercollegiate Athletics Kansas City, MO | $12,204,653 | $13,287,204 |
Big Spring Country Club Inc Louisville, KY | $27,849,226 | $12,028,840 |
Westmoreland Country Club Wilmette, IL | $31,536,434 | $12,960,463 |