Chi Omega Fraternity is located in New Canaan, CT. 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 06/2024, Chi Omega Fraternity generated $153.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $164.1k during the year ending 06/2024. While expenses have increased by 7.7% 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Morgan Craig President | 20 | $0 | |
Lila Armstrong Vice President | 15 | $0 | |
Grace Martini Secretary | 10 | $0 | |
Emma Preissing Treasurer | 10 | $0 | |
Krista Murphy Financial Advisor | 20 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $60,761 |
Total Program Service Revenue | $0 |
Membership dues | $91,653 |
Investment income | $1,063 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $153,477 |
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 | $700 |
Occupancy, rent, utilities, and maintenance | $10,560 |
Printing, publications, postage, and shipping | $419 |
Other expenses | $152,379 |
Total expenses | $164,058 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $64,206 |
Other assets | $0 |
Total assets | $64,206 |
Total liabilities | $0 |
Net assets or fund balances | $64,206 |