Beta Omega Alumnae Association
- Assets
- $536.3k
- Revenue
- $384.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Eugene, OR
- Founding
- 10/1994
- Data as of
- 06/2022
- EIN
- 93-6024925
Organization Overview
Beta Omega Alumnae Association is located in Eugene, OR. The organization was established in 1994. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. As of 06/2022, Beta Omega Alumnae Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beta Omega Alumnae Association 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, Beta Omega Alumnae Association generated $384.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $363.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
HOUSE RENTAL TO CHAPTER MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSE RENTAL TO CHAPTER MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Brophy Secretary | Officer | 1 | $0 |
Betsy Lake Officer | Officer | 1 | $0 |
Nancy Visenburg Officer | Officer | 1 | $0 |
Beth Sheehan Treasurer | Officer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $384,715 |
| Investment income | $0 |
| 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 | $384,715 |
| 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. | $55,400 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,008 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,126 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,460 |
| 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 | $665 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,960 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $90,711 |
| Total functional expenses | $363,045 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,313 |
| Savings and temporary cash investments | $0 |
| 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 | $533,030 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $536,343 |
| Accounts payable and accrued expenses | $12,087 |
| 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 | $206,220 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $218,307 |
| Net assets without donor restrictions | $0 |
| 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 | $318,036 |
| Total liabilities and net assets/fund balances | $536,343 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
California Alumni Association Berkeley, CA | $38,249,351 | $14,037,142 |
Weimar Institute Weimar, CA | $18,297,667 | $10,612,549 |
Oregon State University Alumni Association Inc O S U Corvallis, OR | $18,895,220 | $6,031,432 |
University Of Washington Alumni Association Seattle, WA | $25,037,147 | $2,885,363 |
Washington State University Alumni Association Pullman, WA | $15,982,988 | $2,687,677 |
Ucla Alumni Association Los Angeles, CA | $18,983,733 | $2,720,692 |
Alumni Association School Of Medicine Loma Linda University Loma Linda, CA | $21,070,782 | $4,635,468 |
Portland State University Alumni Association Portland, OR | $0 | $742,849 |
California Aggie Alumni Association Davis, CA | $7,429,243 | $1,694,563 |
Alumni Association Of The University Of Oregon Eugene, OR | $21,027,924 | $2,555,814 |
Uci Alumni Association Irvine, CA | $15,784,967 | $1,191,682 |
Lowell Alumni Association San Francisco, CA | $7,870,953 | $786,955 |