Chi Omega Fraternity
- Assets
- $26.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Champaign, IL
- Founding
- 12/1940
- Data as of
- 06/2022
- EIN
- 37-0670626
Organization Overview
Chi Omega Fraternity is located in Champaign, IL. 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 06/2022, Chi Omega Fraternity generated $151.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $168.8k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CHI OMEGA SORORITY AT UNIVERSITY OF ILLINOIS IS AN UNDERGRADUATE SORORITY THAT STATES ITS FOUNDING PURPOSE AS: "FRIENDSHIP, PERSONAL INTEGRITY, SERVICE TO OTHERS, ACADEMIC EXCELLENCE AND INTELLECTUAL PURSUITS, COMMUNITY AND CAMPUS INVOLVEMENT AND PERSONAL AND CAREER DEVELOPMENT".
Describe the Organization's Program Activity:
Part 3
OPERATION OF UNDERGRADUATE SORORITY OF CHI OMEGA
MAKE-A-WISH FOUNDATION FUNDRAISING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kate Jeffers President | 10 | $0 | |
Kayin Garner Vice President | 10 | $0 | |
Caroline Bazan Secretary | 10 | $0 | |
Christina Hull Treasurer | 10 | $0 | |
Sandra Carroll House Corporation Board President | 10 | $0 | |
Sofia Romano Foundation Ambassador | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $37,540 |
| Membership dues | $97,703 |
| Investment income | $16 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,865 |
| Other Revenue | $0 |
| Total Revenue | $151,124 |
| 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 | $1,398 |
| Other expenses | $167,375 |
| Total expenses | $168,773 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,080 |
| Other assets | $0 |
| Total assets | $26,080 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,080 |