Lambda Beta House Corp Of Chi Omega

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 050492433 ✦ Charlestown, RI ✦ Designated as a 501(c)(2)

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Overview

What is Lambda Beta House Corp Of Chi Omega?

Lambda Beta House Corp of Chi Omega is a nonprofit organization that plays a significant role in the University of Rhode Island (URI) community. Primarily, they own and manage a sorority house, serving as a home base for the Lambda Beta chapter of Chi Omega. Beyond housing, they also oversee the administrative aspects of this chapter. Situated in Charlestown, RI, this organization contributes to the university's social landscape by providing a supportive environment for its members.

Is Lambda Beta House Corp Of Chi Omega legitimate?

Lambda Beta House Corp Of Chi Omega is a legitimate nonprofit organization registered as a 501(c)(2) entity. Lambda Beta House Corp Of Chi Omega submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,000

For more financial information, click here

What is the mission statement of Lambda Beta House Corp Of Chi Omega?

Lambda Beta House Corp of Chi Omega operates a sorority house at the University of Rhode Island (URI). Their primary role is to provide housing and administrative support to the Lambda Beta chapter of Chi Omega. By doing so, they contribute to the overall operations and functioning of this sorority chapter on the campus. The corporation's mission, in essence, is to facilitate a conducive environment for the members of the Chi Omega Lambda Beta chapter, enabling them to fully engage in their sorority activities and experiences.

Who is the CEO of Lambda Beta House Corp Of Chi Omega?

Margaret Hogan is the President of Lambda Beta House Corp Of Chi Omega.

What is the revenue of Lambda Beta House Corp Of Chi Omega?

Lambda Beta House Corp Of Chi Omega's revenue in 2022 was $426,411.

Who are the executives of Lambda Beta House Corp Of Chi Omega and what are their salaries?

The average compensation at Lambda Beta House Corp Of Chi Omega during 2022 was $14,000. There are 2 employees and 4 volunteers at Lambda Beta House Corp Of Chi Omega.


Here are 4 key members and their salaries:


Margaret Hogan Esq (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keri Green (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Wolny (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tristen Urbani (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lambda Beta House Corp Of Chi Omega?

Lambda Beta House Corp Of Chi Omega's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lambda Beta House Corp Of Chi Omega

Lambda Beta House Corp of Chi Omega is a dedicated organization that plays a significant role in the University of Rhode Island (URI) community. Its primary mission is to own and manage a sorority house, specifically for the Lambda Beta chapter of Chi Omega. This mission extends beyond just providing a place to live; it also involves administering the chapter's operations. By doing so, Lambda Beta House Corp of Chi Omega contributes to the overall college experience for its members, offering them a supportive and organized living environment. This organization's role in the University of Rhode Island is instrumental in fostering a sense of community and sisterhood within the Chi Omega chapter.

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Impact




October, 2024

Lambda Beta House Corp Of Chi Omega plays a significant role in enhancing the university experience for members of the Lambda Beta chapter of Chi Omega at the University of Rhode Island. By owning and operating a sorority house in Charlestown, RI, it provides essential housing and administrative support, fostering a sense of community and sisterhood among the sorority members. This environment not only facilitates personal and academic growth but also encourages community engagement and improvement initiatives, enriching the broader student and local community. The presence of such a dedicated facility contributes to the overall development of its members, promoting values of leadership, philanthropy, and social responsibility.




This information is meant to be a general summary of Lambda Beta House Corp Of Chi Omega. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$426,411 (2022)
Expenses
$393,188 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $78
  • Program Service Revenue: $426,333
  • Gross Receipts: $426,411

Assets and Liabilities:

  • Total Assets: $1,655,712
  • Total Liabilities: $67,675
  • Net Assets: $1,588,037

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

HOUSING FEES

Revenue

$426,333

Organization Details

Founding Year

1993

Principal Officer

Margaret Hogan

Main Address

128 AUBURN DRIVE, CHARLESTOWN, RI, 02813

NTEE Category

Code: S47 - Community improvement

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