Xi Lambda House Corporation Of Chi Omega Fraternity is located in Lexington, VA. The organization was established in 2002. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Xi Lambda House Corporation Of 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, Xi Lambda House Corporation Of Chi Omega Fraternity generated $109.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $77.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 7 years. 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 Program Activity:
Part 3
PROVIDE ROOM AND BOARD, SUPERVISION, AND ALUMNI CONTACTS FOR UNDERGRADUATE MEMBERS OF A LOCAL CHAPTER OF A NATIONAL SORORAL ORGANIZATION ON THE CAMPUS OF AN EDUCATIONAL INSTITUTION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Parker Kellam Vice Preside | 5 | $0 | |
Mary Katherine Snead Secretary | 5 | $0 | |
Anne Stafford President/tr | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $109,319 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $109,319 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $36,910 |
Professional fees and other payments to independent contractors | $4,037 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $36,066 |
Total expenses | $77,013 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $120,740 |
Other assets | $0 |
Total assets | $121,362 |
Total liabilities | $0 |
Net assets or fund balances | $121,362 |
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