Omega Psi Phi Fraternity
- Assets
- $30.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Bragg, NC
- Founding
- 01/1953
- Data as of
- 12/2022
- EIN
- 56-1553516
Organization Overview
Omega Psi Phi Fraternity is located in Fort Bragg, NC. The organization was established in 1953. 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. Omega Psi Phi Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Omega Psi Phi Fraternity generated $33.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 38.2% each year . All expenses for the organization totaled $11.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Lattimore President | 20 | $0 | |
Denois Howze Secretary | 20 | $0 | |
Erasmus W Mceady Treasure | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,961 |
| Total Program Service Revenue | $1,830 |
| Membership dues | $8,300 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $16,820 |
| Other Revenue | $0 |
| Total Revenue | $33,911 |
| 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 | $1,729 |
| Other expenses | $0 |
| Total expenses | $11,729 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,518 |
| Other assets | $0 |
| Total assets | $30,518 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,518 |