Omega Chapter Of Alpha Delta Pi House Corporation
- Assets
- $1.1m
- Revenue
- $777.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Baton Rouge, LA
- Founding
- 04/2018
- Data as of
- 06/2023
- EIN
- 81-3514137
Organization Overview
Omega Chapter Of Alpha Delta Pi House Corporation is located in Baton Rouge, LA. The organization was established in 2018. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Omega Chapter Of Alpha Delta Pi House Corporation is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2023, Omega Chapter Of Alpha Delta Pi House Corporation generated $777.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $559.6k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FOR PLEASURE, RECREATION AND OTHER NONPROFITABLE PURPOSES AND ACTIVITIES, TO PROMOTE LASTING AND ENDURING FRIENDSHIPS AMONG ITS MEMBERS; TO FOSTER HIGH STANDARDS OF INTELLECTUAL ACHIEVEMENT AND ETHICAL BEHAVIOR AMONG ITS MEMBERS; TO PROMOTE THE EDUCATION OF ITS MEMBERS AND TO PROMOTE THE EDUCATION AND SOCIAL MILIEU OF THE COLLEGE WHERE THE OMEGA CHAPTER IS ESTABLISHED; TO PROMOTE THE DEVELOPMENT OF EDUCATION AND ADVANCEMENT IN THE LIFE OF ITS MEMBERS AND TO PROMOTE AND FOSTER THE FRATERNAL PRINCIPLES AND IDEALS OF ALPHA DELTA PI SORORITY;
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ACQUIRE, BUILD, MAINTAIN, OWN OR LEASE AND OPERATE REAL ESTATE FOR THE CHAPTER HOUSE OF THE OMEGA CHAPTER, AS CONSTITUTED FROM TIME TO TIME, FOR THE PROMOTION OF THE PHYSICAL WELFARE OF AND SOCIAL INTERCOURSE AMONG SUCH MEMBERS, AND TO OWN, LEASE, MAINTAIN, REPAIR, FURNISH AND IMPROVE THE SAME AS A RESIDENCE AND/OR MEETING PLACE OF SUCH MEMBERS, AND TO DO ANY AND ALL THINGS NECESSARY OR INCIDENT THERETO; TO ACQUIRE, PURCHASE, SELL, OCCUPY, ERECT, MAINTAIN, HOLD, OWN, AND LEASE SUCH PERSONAL OR REAL PROPERTY AS MAY BE NECESSARY OR DESIRABLE TO CARRYING OUT ANY OF THE FORGOING PURPOSES; AND TO ASSIST WITH, ORDER AND APPROVE ANY AND ALL REPAIRS AND IMPROVEMENTS ON PROPERTY LEASED TO OR OWNED BY THE OMEGA CHAPTER OF ALPHA DELTA PI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Arikol Director | Trustee | $0 | |
Carolyn Booker President | OfficerTrustee | $0 | |
Corrin Connelly Director | Trustee | $0 | |
Natalie Tatje Director | Trustee | $0 | |
Karen Wagner Treasurer | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $763,510 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,322 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $776,832 |
| Total Program Service Revenue | $0 |
| Investment income | $901 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $777,733 |
| 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 | $0 |
| 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 | $50,521 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,914 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $103 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $327,383 |
| Travel | $1,994 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29,471 |
| Insurance | $626 |
| All other expenses | $2,141 |
| Total functional expenses | $559,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $848,489 |
| Savings and temporary cash investments | $185,893 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $61,135 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,095,517 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,095,517 |
| 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 | $1,095,517 |