Chi Omega Fraternity
- Assets
- $93.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- State University, AR
- Founding
- 12/1940
- Data as of
- 06/2022
- EIN
- 71-6057134
Organization Overview
Chi Omega Fraternity is located in State University, AR. 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 06/2022, Chi Omega Fraternity generated $155.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $170.3k during the year ending 06/2022. While expenses have increased by 5.9% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brooke Goldhammer Vice President | 0 | $0 | |
Abbey Edrington Secretary | 0 | $0 | |
Olivia Ellis Treasurer | 0 | $0 | |
Haylie Hammack President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $155,166 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $155,176 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $79,623 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $35,445 |
| Printing, publications, postage, and shipping | $1,825 |
| Other expenses | $52,950 |
| Total expenses | $170,343 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,513 |
| Other assets | $0 |
| Total assets | $93,513 |
| Total liabilities | $0 |
| Net assets or fund balances | $93,513 |
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