Alpha Kappa Chapter Of Chi Omega House Corporation

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

EIN: 561423853 ✦ Raleigh, NC ✦ Designated as a 501(c)(7)

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Overview

What is Alpha Kappa Chapter Of Chi Omega House Corporation?

Alpha Kappa Chapter of Chi Omega House Corporation is a nonprofit organization situated in Raleigh, North Carolina. Its primary mission is to manage an affordable living space for the operations of the sorority, serving as a platform for its members to foster lasting friendships and develop essential leadership skills. The organization operates with a small team of three individuals, ensuring the smooth functioning of the house and providing a nurturing environment for personal growth.

Is Alpha Kappa Chapter Of Chi Omega House Corporation legitimate?

Alpha Kappa Chapter Of Chi Omega House Corporation is a legitimate nonprofit organization registered as a 501(c)(7) entity. Alpha Kappa Chapter 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:

Executive Compensation: $120,356
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Alpha Kappa Chapter Of Chi Omega House Corporation?

The Alpha Kappa Chapter of Chi Omega House Corporation maintains and operates an affordable residence, serving as a base for the Alpha Kappa/Chi Omega sorority. Their primary objective is to provide a living space that facilitates personal growth for its members. Within this environment, the members have the opportunity to foster lasting friendships and develop essential leadership skills that can be utilized during their college years and beyond. The corporation's mission is centered around operating this boarding house, ensuring it remains affordable and conducive to personal development and the smooth functioning of the sorority's operations.

Who is the CEO of Alpha Kappa Chapter Of Chi Omega House Corporation?

Elizabeth Rainey is the Treasurer of Alpha Kappa Chapter Of Chi Omega House Corporation.

What is the revenue of Alpha Kappa Chapter Of Chi Omega House Corporation?

Alpha Kappa Chapter Of Chi Omega House Corporation's revenue in 2023 was $640,116.

Who are the executives of Alpha Kappa Chapter Of Chi Omega House Corporation and what are their salaries?

The average compensation at Alpha Kappa Chapter Of Chi Omega House Corporation during 2023 was $40,119. There are 3 employees at Alpha Kappa Chapter Of Chi Omega House Corporation.


Here are 6 key members and their salaries:


Kasey Stone (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Rainey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Ward Dominico (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Wissel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Medlock Arnold (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madeline Stadler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Alpha Kappa Chapter Of Chi Omega House Corporation?

Alpha Kappa Chapter Of Chi Omega House Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Alpha Kappa Chapter Of Chi Omega House Corporation

The Alpha Kappa Chapter of Chi Omega House Corporation is dedicated to maintaining and operating an affordable residence, serving as a base for the operations of the Alpha Kappa/Chi Omega sorority. Their mission is to provide a nurturing environment where the sorority's members can foster lasting friendships, develop essential leadership skills, and lay the groundwork for personal growth. This residence not only offers a comfortable space for the sorority's activities but also serves as a platform for the members to hone their leadership abilities, preparing them for their college years and beyond.

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Impact




October, 2024

The Alpha Kappa Chapter of Chi Omega House Corporation plays a vital role in creating a supportive environment for its sorority members in Raleigh, NC. By maintaining and operating an affordable house, it provides a physical space where members can live, connect, and engage with one another. This setting fosters personal growth and the development of lasting friendships, crucial aspects for collegiate life.

Moreover, the house serves as a foundation for cultivating successful leadership skills that can benefit members well beyond their time in college. The structured environment encourages collaboration, mentorship, and shared experiences, which are essential for building a strong community. Ultimately, the impact of Alpha Kappa extends into the broader educational landscape, as it equips young women with the tools necessary for success in their personal and professional lives.




This information is meant to be a general summary of Alpha Kappa Chapter 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.

Revenue
$640,116 (2023)
Expenses
$565,286 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $175
  • Program Service Revenue: $639,941
  • Gross Receipts: $640,116

Assets and Liabilities:

  • Total Assets: $1,589,208
  • Total Liabilities: $320,000
  • Net Assets: $1,269,208

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Programs

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

ROOM & BOARD AND HOUSE

Revenue

$482,456

MEAL INCOME

Revenue

$157,485

Organization Details

Founding Year

1984

Principal Officer

Elizabeth Rainey

Main Address

3412 GREEK WAY, RALEIGH, NC, 27606

NTEE Category

Code: B83 - Education

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