Chi Omega Fraternity
- Assets
- $70.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corvallis, OR
- Founding
- 12/1940
- Data as of
- 06/2022
- EIN
- 93-0139160
Organization Overview
Chi Omega Fraternity is located in Corvallis, OR. 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 $58.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $64.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 6 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 |
|---|---|---|---|
Jocelyn Glover President | 10 | $0 | |
Meegan Sharp New Member E | 10 | $0 | |
Ryan Schofield Treasurer | 10 | $0 | |
Zoe Morton Secretary | 10 | $0 | |
Kennedy Carter Vice Preside | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $950 |
| Total Program Service Revenue | $0 |
| Membership dues | $58,009 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $58,836 |
| 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 | $117 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $63,982 |
| Total expenses | $64,099 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,286 |
| Other assets | $0 |
| Total assets | $69,962 |
| Total liabilities | $12,676 |
| Net assets or fund balances | $57,286 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Associated Students Of San Francisco State College San Francisco, CA | $23,679,804 | $8,027,384 |
Alpha Phi Chapter House Of Corporation Of Bloomington Elk Grove, CA | $3,111,091 | $1,023,375 |
Alpha Phi International Fraternity Inc Elk Grove, CA | $361,437 | $1,345,397 |
Beta Epsilon Building Co Of Tucon Elk Grove, CA | $6,120,768 | $1,323,685 |
Alpha Phi International Fraternity Inc Elk Grove, CA | $366,816 | $1,179,925 |
Sigma Chi Fraternity Los Angeles, CA | $71,931 | $1,167,550 |
Chi Omega Fraternity Berkeley, CA | $1,735,901 | $1,318,431 |
Zeta Beta Tau Fraternity Los Angeles, CA | $48,266 | $1,130,445 |
Alpha Phi International Fraternity Elk Grove, CA | $435,880 | $1,113,024 |
Delta Tau House Corporation Encino, CA | $1,215,239 | $20,773 |
Gamma Phi Beta Sorority Inc Los Angeles, CA | $1,606,046 | $998,842 |
Alpha Theta Of Alpha Delta Pi Building Corporation Issaquah, WA | $1,708,164 | $973,302 |