Overview
What is Lambda Gamma Of Chi Omega House Corporation?
Lambda Gamma of Chi Omega House Corporation is a nonprofit organization situated in Charlottesville, Virginia. Its primary mission is to provide housing for members of the Lambda Gamma Chapter of Chi Omega sorority. The corporation holds title to real estate and manages its use exclusively for the benefit of this specific Chi Omega fraternity chapter. Their main activity encompasses offering student housing, ensuring the appropriate management and utilization of these properties.
Is Lambda Gamma Of Chi Omega House Corporation legitimate?
Lambda Gamma Of Chi Omega House Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lambda Gamma Of Chi Omega House Corporation 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Lambda Gamma Of Chi Omega House Corporation?
The Lambda Gamma of Chi Omega House Corporation's mission is centered around providing student housing for members affiliated with a specific college sorority. This organization holds the title to real estate and personal property, with the primary purpose of managing and utilizing these resources solely for the benefit of the Lambda Gamma chapter of Chi Omega fraternity. In essence, their mission is to ensure the availability of suitable living spaces for the associated sorority members, implementing effective management of the properties to serve their intended purpose.
Who is the CEO of Lambda Gamma Of Chi Omega House Corporation?
Holly Stancil is the Director of Lambda Gamma Of Chi Omega House Corporation.
What is the revenue of Lambda Gamma Of Chi Omega House Corporation?
Lambda Gamma Of Chi Omega House Corporation's revenue in 2023 was $221,301.
Who are the executives of Lambda Gamma Of Chi Omega House Corporation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Lambda Gamma Of Chi Omega House Corporation?
Lambda Gamma Of Chi Omega House Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lambda Gamma Of Chi Omega House Corporation
Lambda Gamma of Chi Omega House Corporation is dedicated to providing student housing for affiliated members of the Chi Omega sorority at the college level. The organization's primary mission is to acquire and maintain title to real estate and personal property, overseeing their management and utilization solely for the benefit of the Lambda Gamma chapter of Chi Omega Fraternity. This commitment to housing ensures that the sorority sisters have a secure and comfortable living space during their college years. By managing and utilizing these properties, Lambda Gamma of Chi Omega House Corporation plays a significant role in supporting the college experience for its members, enhancing their overall university experience.
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Impact
October, 2024
Lambda Gamma of Chi Omega House Corporation significantly impacts the collegiate environment in Charlottesville, VA, by providing dedicated housing for members of the Lambda Gamma Chapter of Chi Omega. This focused accommodation not only supports sorority members in their academic pursuits but also fosters a strong sense of community and sisterhood among them. By maintaining and managing the housing facilities, the organization ensures a stable living environment that promotes interpersonal connections and personal growth, essential for the college experience. Furthermore, the presence of such housing contributes to the overall collegiate landscape, enhancing the educational and social fabric of the university community.
This information is meant to be a general summary of Lambda Gamma Of Chi Omega House Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $28
- Program Service Revenue: $221,273
- Gross Receipts: $221,301
Assets and Liabilities:
- Total Assets: $1,589,498
- Total Liabilities: $781,862
- Net Assets: $807,636
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT & FEE INCOME
Revenue
$212,673
SUNDRY INCOME
Revenue
$4,575
OTHER INCOME
Revenue
$4,025
Organization Details
Founding Year
1978
Phone
(804) 295-0244Principal Officer
Holly Stancil
Main Address
123 CHANCELLOR STREET, CHARLOTTESVILLE, VA, 22903
NTEE Category
Code: B83 - Education
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