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Omicron Of Chi Omega Building Association

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

EIN: 376032151 ✦ Champaign, IL ✦ Designated as a 501(c)(7)

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Overview

What is Omicron Of Chi Omega Building Association?

The Omicron of Chi Omega Building Association is a nonprofit organization situated in Champaign, Illinois. Its primary purpose is to manage a sorority lodge, offering accommodation for undergraduate women affiliated with or aspiring to join the Chi Omega sorority. This lodge serves as a residential space, providing a sense of community and support for these women during their university years.

Is Omicron Of Chi Omega Building Association legitimate?

Omicron Of Chi Omega Building Association is a legitimate nonprofit organization registered as a 501(c)(7) entity. Omicron Of Chi Omega Building Association 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: $36,300

For more financial information, click here

What is the mission statement of Omicron Of Chi Omega Building Association?

The Omicron of Chi Omega Building Association serves a mission by operating a sorority lodge. This organization provides lodging facilities for undergraduate women who are either members or pledges of the Chi Omega sorority. Its primary purpose is to offer a residential space within the sorority community, fostering a sense of belonging and sisterhood among its members. The association's activities focus on providing a comfortable and supportive environment for these young women during their university years.

Who is the CEO of Omicron Of Chi Omega Building Association?

Gayle Spencer is the Principal Officer of Omicron Of Chi Omega Building Association.

What is the revenue of Omicron Of Chi Omega Building Association?

Omicron Of Chi Omega Building Association's revenue in 2022 was $313,711.

Who are the executives of Omicron Of Chi Omega Building Association and what are their salaries?

The average compensation at Omicron Of Chi Omega Building Association during 2022 was $18,150. There are 2 employees and 5 volunteers at Omicron Of Chi Omega Building Association.


Here are 5 key members and their salaries:


Sandra Carroll (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Evangelisti (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Sorrells (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Born (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Martinkus (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Omicron Of Chi Omega Building Association?

Omicron Of Chi Omega Building Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Omicron Of Chi Omega Building Association

Omicron of Chi Omega Building Association, a nonprofit organization, is dedicated to providing lodging facilities for undergraduate women who are members or pledges of the Chi Omega sorority. Their mission is centered around operating a sorority lodge, offering a safe and comfortable space for these women during their college years. The association's primary activity revolves around providing a home away from home, ensuring these young women have a supportive environment during their academic journey.

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Impact




October, 2024

The Omicron of Chi Omega Building Association significantly impacts the lives of undergraduate women who are members or pledges of the Chi Omega sorority in Champaign, IL. By operating a dedicated sorority lodge, it provides a safe and supportive environment where these young women can live, study, and connect with one another.

The lodge serves as a hub for community building, fostering camaraderie among members and enhancing their collegiate experience. It offers a space for sisterhood activities, meetings, and educational events, which are crucial for personal and professional development. Furthermore, this living arrangement helps students transition into their college life, allowing them to focus on their studies in a supportive setting.

By creating a nurturing and collaborative atmosphere, the Omicron of Chi Omega Building Association not only promotes academic achievement but also encourages personal growth and lifelong friendships.




This information is meant to be a general summary of Omicron Of Chi Omega Building Association. 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
$313,711 (2022)
Expenses
$425,956 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $85
  • Program Service Revenue: $313,626
  • Gross Receipts: $313,711

Assets and Liabilities:

  • Total Assets: $706,190
  • Total Liabilities: $0
  • Net Assets: $706,190

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Programs

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

RENT

Revenue

$237,766

DUES, EVENTS & MEALS

Revenue

$75,860

Organization Details

Founding Year

1925

Principal Officer

Gayle Spencer

Main Address

907 S WRIGHT ST, CHAMPAIGN, IL, 618206209

NTEE Category

Code: B83 - Education

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