Chi Omega Fraternity

Organization Overview

Chi Omega Fraternity is located in East Grand Rapids, MI. The organization was established in 1996. 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 06/2022, Chi Omega Fraternity employed 24 individuals. 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 $551.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $504.0k during the year ending 06/2022. While expenses have increased by 4.3% 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

TO ACQUIRE, OWN, MAINTAIN REAL ESTATE/PERSONAL PROPERTY FOR THE USE/BENEFIT OF XI GAMMA CHAPTER OF THE CHI OMEGA FRATERNITY & ITS MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WITH ONE OF THE ORGANIZATION'S MISSION BEING TO MAINTAIN THE HOUSE, THIS WAS ACCOMPLISHED THIS YEAR WITH UPGRADES IN PLUMBING, FURNISHINGS REPLACED AS NEEDED, AND GENERAL MAINTENANCE OF THE BUILDING. SURROUNDING LANDSCAPING WAS ALSO MAINTAINED AS NEEDED.


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Board, Officers & Key Employees

Name (title)Compensation
Allison Spadafore
Secretary
$0
Courtney Weiler
President
$0
Kelly Kading
Treasurer
$0

Financial Statements

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$519,992
Investment income $1,454
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 $551,864

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