Alpha Omicron Pi Fraternity Inc is located in Brentwood, TN. 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. Alpha Omicron Pi Fraternity Inc 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, Alpha Omicron Pi Fraternity Inc generated $8.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $8.2m during the year ending 06/2022. While expenses have increased by 12.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HOUSING FOR THE UNDERGRADUATE CHAPTERS OF ALPHA OMICRON PI FRATERNITY, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENCOURAGE A SPIRIT OF FRATERNITY & LOVE AMONG ITS MEMBERS. TO PROMOTE CHARACTER, DIGNITY, SCHOLARSHIP & COLLEGE LOYALTY. TO SUPPORT THE BEST INTERESTS OF COLLEGES AND UNIVERSITIES IN WHICH CHAPTERS ARE INSTALLED. PART OF THE UNDERGRADUATE EXPERIENCE IS TO COME TOGETHER IN FELLOWSHIP; THE HOUSING IS THE FOCAL POINT FOR ACTIVITY OF A CHAPTER.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cindy Visot President | OfficerTrustee | 10 | $0 |
Lacey Bowman Treasurer | OfficerTrustee | 8 | $0 |
Kaya Miller Executive Director | Officer | 20 | $0 |
Jessie Wang-Grimm Director | Trustee | 8 | $0 |
Ally Rodriguez Vice President | Trustee | 8 | $0 |
Susan Bonifield Director | Trustee | 8 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Csl Management Llc Management | 6/29/20 | $233,513 |
Csl Management Llc Management | 6/29/20 | $233,513 |
Finlogic Llc Accounting | 6/29/20 | $387,424 |
Finlogic Llc Accounting | 6/29/20 | $387,424 |
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 | $7,791,491 |
Investment income | $86,230 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $184,860 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $8,065,959 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $2,236 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,083,794 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $720 |
Fees for services: Legal | $549,365 |
Fees for services: Accounting | $424,932 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $14,314 |
Fees for services: Other | $2,013 |
Advertising and promotion | $0 |
Office expenses | $45,068 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,576,795 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,139,655 |
Insurance | $49,772 |
All other expenses | $0 |
Total functional expenses | $8,168,031 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,705,446 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $747,274 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $14,450,753 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $403,056 |
Net Land, buildings, and equipment | $35,853,325 |
Investments—publicly traded securities | $2,265,681 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $57,425,535 |
Accounts payable and accrued expenses | $4,539,736 |
Grants payable | $0 |
Deferred revenue | $1,569,772 |
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 | $32,864,225 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $19,800 |
Total liabilities | $38,993,533 |
Net assets without donor restrictions | $18,432,002 |
Net assets with donor restrictions | $0 |
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 | $57,425,535 |
Organization Name | Assets | Revenue |
---|---|---|
Phi Theta Kappa Jackson, MS | $30,434,221 | $16,557,458 |
Pi Kappa Phi Properties Inc Charlotte, NC | $36,157,884 | $10,688,194 |
Sigma Phi Epsilon Fraternity Inc Richmond, VA | $54,140,029 | $10,282,777 |
Alpha Omicron Pi Fraternity Inc Brentwood, TN | $57,425,535 | $8,065,959 |
Pi Beta Phi Fraternity Town Country, MO | $45,635,121 | $9,219,516 |
Omega Psi Phi Fraternity Decatur, GA | $10,119,312 | $8,150,669 |
Educational Foundation Of Alpha Gamma Rho Kansas City, MO | $16,072,489 | $5,767,840 |
Alpha Gamma Delta Fraternity Tuscaloosa, AL | $2,561,270 | $3,643,915 |
House Board Of Gamma Pi Of Kappa Kappa Gamma Tuscaloosa, AL | $20,813,023 | $3,697,163 |
Pi Beta Phi Fraterntiy Town Country, MO | $1,016,424 | $3,235,102 |
Nautilus Management Inc Memphis, TN | $16,834,211 | $2,172,564 |
Alabama Beta Of Pi Beta Phi House Association Incorporated Tuscaloosa, AL | $16,056,470 | $2,809,750 |