Chi Omega Fraternity
- Assets
- $83.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Martin, TN
- Founding
- 12/1940
- Data as of
- 06/2021
- EIN
- 62-6073908
Organization Overview
Chi Omega Fraternity is located in Martin, 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. 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 06/2021, Chi Omega Fraternity generated $128.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $111.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 5 years. 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 |
|---|---|---|---|
Alli Shaw President | 0 | $0 | |
Hannah Fulbright Vice Preside | 0 | $0 | |
Baylee Hardin Treasurer | 0 | $0 | |
Caitlin Pierce Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,842 |
| Total Program Service Revenue | $13,604 |
| Membership dues | $108,050 |
| Investment income | $17 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $720 |
| Other Revenue | $0 |
| Total Revenue | $128,233 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $25,031 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $25,135 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $61,113 |
| Total expenses | $111,779 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,503 |
| Other assets | $0 |
| Total assets | $83,503 |
| Total liabilities | $0 |
| Net assets or fund balances | $83,503 |
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|---|---|---|
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