Chi Omega Housing Corp

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

EIN: 237397902 ✦ Schoolcraft, MI ✦ Designated as a 501(c)(7)

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Overview

What is Chi Omega Housing Corp?

Chi Omega Housing Corp is a nonprofit organization committed to offering housing solutions for sorority members. Through its programs, they provide room and board for 35 out of 78 members, managing the associated depreciation expenses. This housing corporation aims to support and accommodate the living needs of these sorority members, contributing to their overall university experience.

Is Chi Omega Housing Corp legitimate?

Chi Omega Housing Corp is a legitimate nonprofit organization registered as a 501(c)(7) entity. Chi Omega Housing Corp 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: $55,025

For more financial information, click here

What is the mission statement of Chi Omega Housing Corp?

Chi Omega Housing Corp's mission is centered around providing housing solutions for sorority members. Specifically, the corporation offers programs that cater to the living needs of 35 out of its 78 members, covering both room and board costs. Additionally, their operations include accounting aspects such as depreciation expense. In essence, Chi Omega Housing Corp is dedicated to ensuring a comfortable living environment for a significant portion of its sorority membership.

Who is the CEO of Chi Omega Housing Corp?

Nancy Norton is the Vice Preside of Chi Omega Housing Corp.

What is the revenue of Chi Omega Housing Corp?

Chi Omega Housing Corp's revenue in 2023 was $224,174.

Who are the executives of Chi Omega Housing Corp and what are their salaries?

The average compensation at Chi Omega Housing Corp during 2023 was $11,005. There are 5 employees at Chi Omega Housing Corp.


Here are 4 key members and their salaries:


Julie Cutler (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Konrad (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Norton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Herzog (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Chi Omega Housing Corp?

Chi Omega Housing Corp's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Chi Omega Housing Corp

Chi Omega Housing Corporation, a notable organization, is dedicated to providing housing solutions for sorority members. Its mission involves offering room and board facilities to 35 out of 78 members, ensuring a comfortable living space for a significant portion of the sorority. Furthermore, this nonprofit incorporates depreciation expenses into its programs, demonstrating its commitment to long-term sustainability and responsible management of its resources. By offering a conducive living environment, Chi Omega Housing Corporation plays a vital role in enhancing the overall college experience for its sorority members.

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Impact




October, 2024

Chi Omega Housing Corp significantly impacts its community by providing essential housing services for sorority members. Located in Schoolcraft, MI, the organization facilitates a supportive living environment for 35 out of 78 members, ensuring they have a stable place to live while pursuing their education. This focus on housing not only promotes academic success but also fosters a sense of community and belonging among sorority members. By addressing the crucial need for affordable room and board, Chi Omega Housing Corp plays a vital role in enhancing the collegiate experience and personal development of its members.




This information is meant to be a general summary of Chi Omega Housing Corp. 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
$224,174 (2023)
Expenses
$246,442 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $7
  • Program Service Revenue: $223,098
  • Gross Receipts: $224,174

Assets and Liabilities:

  • Total Assets: $149,042
  • Total Liabilities: $170,865
  • Net Assets: -$21,823

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Programs

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

ROOM AND BOARD

Revenue

$210,435

CHAPTER INCOME

Revenue

$12,948

LESS REFUNDS

Revenue

-$285

Organization Details

Principal Officer

Nancy Norton

Main Address

PO BOX 665, SCHOOLCRAFT, MI, 49087

NTEE Category

Code: B83 - Education

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