2021-09-13T12:57:45-05:00 2021-04-30 251585317 SMITH LEWIS CHESS & COMPANY LLP 1776 WARREN ROAD INDIANA PA 15701 990 2020-05-01 310936294 CHI OMEGA FOUNDATION CHIO 9017488600 3395 PLAYERS CLUB PARKWAY MEMPHIS TN 38125 SALLY KIMBALL EXECUTIVE VICE PRESIDENT 9017488600 2021-09-13 1 SALLY KIMBALL 999009999 BRENDA DICICCO P00878207 7243499533 2021-09-13 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z SALLY KIMBALL 3395 PLAYERS CLUB PARKWAY MEMPHIS TN 38125 14455613 0 X HTTPS://CHIOMEGA.COM/CHI-OMEGA-FOUNDATION X 1977 OH TO SUPPORT EDUCATIONAL DEVELOPMENT THROUGH SCHOLARSHIPS, GRANTS & LEARNING OPPORTUNITIES. 12 12 15 57 0 0 6753078 4931774 412216 490515 3310891 1987034 676197 711251 11152382 8120574 1910786 1985284 0 0 840770 874607 83957 98489 730586 1507386 1268695 4342899 4227075 6809483 3893499 38021303 47808097 777678 1121207 37243625 46686890 X THE CHI OMEGA FOUNDATION SUPPORTS EDUCATIONAL DEVELOPMENT THROUGH SCHOLARSHIPS, GRANTS AND OTHER LEARNING OPPORTUNITIES. 0 0 485321 485321 SCHOLARSHIPS FOR ACADEMIC MERIT AND MEMBERS IN NEED, EMERGENCY AID FOR ALUMNAE AND GRANTS FOR CHARITABLE PURPOSES. 852081 852081 EDUCATIONAL PROGRAMMING FOR COLLEGIANS AND ALUMNAE. 647882 647882 EDUCATIONAL AREA HOUSING GRANTS AND HEADQUARTERS PRESERVATION AND ENHANCEMENTS. 877699 OTHER PROGRAM SERVICE EXPENSES ARE MADE UP OF THE EDUCATIONAL PORTION OF EXPENSES TO MAINTAIN AND OPERATE THE CHI OMEGA EXECUTIVE HEADQUARTERS. 877699 2862983 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 17 0 1 15 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN OH AL AK RI AR CA CO CT DC FL GA HI IL KS KY LA ME MD MA MI MN MS MO NH NJ NM NY NC ND OK OR PA SC UT VA WA WV WI NV X HOLLY BAILEY DIRECTOR OF FINANCE 9017488600 3395 PLAYERS CLUB PARKWAY MEMPHIS TN 38125 LETITIA FULKERSON PRESIDENT 10.00 X X 0 0 0 LAURA MILLER VICE PRESIDENT 10.00 X X 0 0 0 RENA E PILALAS SECRETARY 10.00 X X 0 0 0 MELANIE M SHAIN TREASURER 10.00 X X 0 0 0 KELLY BINGEL TRUSTEE 10.00 X 0 0 0 RENE CAMERON TRUSTEE 10.00 X 0 0 0 DANA KLEINE TRUSTEE 10.00 X 0 0 0 LYNN MCBEE TRUSTEE 10.00 X 0 0 0 DANNA REDMOND TRUSTEE 10.00 X 0 0 0 ANNA BUCKNER EX-OFFICIO TRUSTEE 5.00 X 0 0 0 NANCY LAURIE EX-OFFICIO TRUSTEE 5.00 X 0 0 0 ANN BRADSHAW TRUSTEE 10.00 X 0 0 0 LAURA CONNOR TRUSTEE 10.00 X 0 0 0 JAN HECK TRUSTEE 10.00 X 0 0 0 SALLY KIMBALL EXECUTIVE VICE PRESIDENT 40.00 X 128091 0 6416 HOLLY BAILEY DIRECTOR OF FINANCE 30.00 X 51124 0 1448 BRITTNEY WHIDDEN CHIEF FINANCIAL OFFICER 3.00 X 0 89554 8665 179215 89554 16529 1 0 0 0 GABRIEL GROUP 3190 RIDER TRAIL SOUTH EARTH CITY MO 63045 CONSULTING- DIRECT MAIL 104493 1 4931774 1203465 4931774 MANAGEMENT FEE INCOME 900099 346677 346677 RENTAL INCOME - (CHI OMEGA FRATER 532000 88511 88511 SERVICE FEE INCOME 531390 55327 55327 490515 830017 830017 7492056 6330707 4332 1161349 -4332 1157017 1157017 MISCELLANEOUS 990009 711251 711251 711251 8120574 2031783 0 1157017 1718759 1718759 266525 266525 207486 12935 129875 64676 563767 87328 209476 266963 22664 2853 10168 9643 18229 2294 8179 7756 62461 7861 28024 26576 11397 4647 6750 24897 24897 98489 98489 3776 3708 68 208764 150310 58454 61884 16191 6296 39397 INVESTMENT ADVISORY FEE 346677 346677 DIRECT MAIL 132820 132820 COMPUTER SERVICES AND S 92404 69160 25987 -2743 UTILITIES 73624 53009 20615 0 312452 124434 101077 86941 4227075 2862983 633506 730586 X 3051491 5696124 3651084 3395425 23535 29751 6559264 4099565 2569268 2459699 28622259 36148627 103666 78471 38021303 47808097 516557 658110 261121 463097 777678 1121207 X 5236804 6299209 32006821 40387681 37243625 46686890 38021303 47808097 3893499 5549766 0 X X 0 1 X 1 0 X 3024252 3059021 3851996 6753078 4931774 21620121 3024252 3059021 3851996 6753078 4931774 21620121 21620121 705825 827861 1119990 1103628 830017 4587321 476029 640435 658438 676197 1201756 3652855 29860297 0.72400 0.73990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25787 X X 0 32006821 3649556 6567313 1489332 346677 40387681 28807062 5628013 -556161 1600885 271208 32006821 26107599 2521672 1279012 821213 280008 28807062 23483634 1828006 2610915 1547148 267808 26107599 20572899 1838877 3060446 1743704 244884 23483634 0 0 619104 619104 4100148 2527423 1572725 74899 74899 0 860155 688469 171686 904958 808774 96184 2459699 DUE TO CHI OMEGA FRATERNITY 79013 FINANCE LEASE LIABILITY 52684 SHORT TERM BORROWING 331400 463097 X 12612412 5549766 5549766 7062646 1057928 1057928 8120574 3169147 0 3169147 1057928 1057928 4227075 PART III, LINE 4: COLLECTIONS CONSIST OF ART PURCHASED AND DONATED TO THE FOUNDATION. COLLECTIONS ARE PERMANENTLY ON DISPLAY AT EXECUTIVE HEADQUARTERS AND REFLECT ORGANIZATION'S IMPACT ON AMERICAN SOCIETY THROUGH SEVERAL GENERATIONS. PART X, LINE 2: THE FOUNDATION HAS ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS, ASC SECTION 740 (FORMERLY KNOWN AS FIN 48) AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE FOUNDATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE FOUNDATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN AN ADVERSE MATERIAL EFFECT ON THE FOUNDATION'S FINANCIAL POSITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE FOUNDATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS FOR THE YEARS ENDED APRIL 30, 2021 AND 2020. MANAGEMENT ESTIMATES AT APRIL 30, 2021 THAT THE PREVIOUS THREE YEARS OF FILED RETURNS FOR EXEMPT ORGANIZATIONS ARE OPEN FOR EXAMINATION BY AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: OTHER INCOME (INTERFUND TRANSFERS) ADMINISTRATIVE FEES (INTERFUND TRANSFERS) PART XII, LINE 4B - OTHER ADJUSTMENTS: OTHER EXPENSE (INTERFUND TRANSFERS) ADMINISTRATIVE FEES (INTERFUND TRANSFERS) PART V LINE 4 AND PART XI LINE 8 PART V LINE 4 - CHI OMEGA FOUNDATION INTENDS TO USE ITS ENDOWMENT FUNDS TO PROVIDE A SOURCE OF INCOME TO PROVIDE SCHOLARSHIPS, GRANTS AND EDUCATIONAL SUPPORT TO COLLEGIANS, ALUMNAE AND CHI OMEGA FRATERNITY IN SUPPORT OF ITS EXEMPT PURPOSE AND MISSION. PART XI LINE 8 - UNREALIZED LOSSES ON INVESTMENTS $5,549,766 X X X X X 1 GABRIEL GROUP 3190 RIDER TRAIL SOUTH EARTH CITY MO 63045 CONSULTING-DIRECT MAIL PROGRAM 0 431302 104439 326808 THE STELTER COMPANY PO BOX 5228 DES MOINES IA 50303 CONSULTING 0 17934 33614 -15680 CELSINUS PARTNERS 7105 DEER HOLLOW LANE MAUMEE OH 43537 CONSULTING 0 0 57600 -57600 449236 195653 253528 AL AK RI AR CA CO CT DC FL GA HI IL KS KY LA ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA SC TN UT VA WA WV WI NV 1 CHI OMEGA FRATERNITY 3395 PLAYERS CLUB PARKWAY MEMPHIS TN 38125 310851686 501(C)(7) 643288 TO PROVIDE EDUCATIONAL SUPPORT TO THE CHI OMEGA FRATERNITY CHI OMEGA PSI CHAPTER CORPORATION PO BOX 8273 FAYETTEVILLE AR 72703 501(C)(7) 103938 EDUCATIONAL AREA HOUSING GRANT CHI OMEGA HOME ASSOCIATION 364 PATTERSON DRIVE 211 MORGANTOWN WV 26505 501(C)(7) 5826 EDUCATIONAL HOUSING GRANT THE BLDG ASSOC OF THE EPSILON ALPHA CHAPTER OF CHI OMEGA FRATERNITY PO BOX 2436 EDMOND OK 73083 501(C)(7) 53366 EDUCATIONAL AREA HOUSING GRANT ALPHA ZETA HOUSE CORPORATION PO BOX 2230 SAN MARCOS TX 78667 501(C)(7) 8460 EDUCATIONAL AREA HOUSING GRANT KAPPA ZETA CHAPTER OF CHI OMEGA CORPORATION PO BOX 53970 LUBBOCK TX 79453 501(C)(7) 84816 EDUCATIONAL AREA HOUSING GRANT 0 6 SCHOLARSHIPS FOR STUDENTS ATTENDING SCHOOLS IN THE UNITED STATES 251 266525 X 21 1203464 FAIR MARKET VALUE 0 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES REVIEWS THE 990 AND RELATED SCHEDULES PRIOR TO FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS SENT TO THE BOARD OF TRUSTEES AND STAFF MEMBERS ANNUALLY. EACH BOARD AND STAFF MEMBER ARE TO READ THE POLICY AND SIGN A STATEMENT ATTESTING THAT THEY HAVE NO KNOWN CONFLICTS OF INTEREST. IF THEY DO HAVE A CONFLICT OF INTEREST THEY ATTEST TO THAT CONFLICT BY SIGNING A STATEMENT THAT NOTES THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES REVIEWS THE RESPONSIBILITIES OF THE EXECUTIVE VICE PRESIDENT (THE FOUNDATION'S HIGHEST RANKING PAID STAFF MEMBER EQUIVALENT TO AN EXECUTIVE DIRECTOR) AND COMPARES THE COMPENSATION PAID BY THE FOUNDATION TO HOW OTHER SIMILAR ORGANIZATIONS COMPENSATE EMPLOYEES IN THE SAME POSITION. THE BOARD OF TRUSTEES COMPENSATES OTHER OFFICERS AND KEY EMPLOYEES BY REVIEWING SALARIES AND WAGES PAID IN THE MARKET FOR SIMILAR POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 CHI OMEGA FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART X, LINE 27 AMOUNTS LISTED AS BEGINNING BALANCE OF NET ASSETS WITHOUT DONOR RESTRICTION REFLECT RECLASSIFICATIONS BETWEEN CLASSES OF NET ASSETS. NET ASSETS IN TOTAL REMAIN UNCHANGED. FORM 990 PART II, LINE 2C NO CHANGES HAVE BEEN MADE TO THE PROCESS OVER THE PRIOR YEAR. FORM 990, PART IV, LINE 34 THE CHI OMEGA FOUNDATION AND THE CHI OMEGA FRATERNITY SHARE A HISTORY AND OFTEN WORK TOGETHER IN CREATING THEIR HISTORIES AND FULFILLING THEIR MISSIONS. AS SUCH, THE TWO ORGANIZATIONS HAVE A RELATIONSHIP, BUT ARE NOT TECHNICALLY "RELATED ORGANIZATIONS" AS DEFINED IN THE INSTRUCTIONS TO FORM 990. FORM 990, SCHEDULE D, PART V AMOUNTS LISTED AS BEGINNING BALANCE OF NET ASSETS WITHOUT DONOR RESTRICTION REFLECT RECLASSIFICATIONS BETWEEN CLASSES OF NET ASSETS. NET ASSETS IN TOTAL REMAIN UNCHANGED. FORM 990, PART VII, SECTION A, COLUMN D AND E OFFICERS ARE LEASED TO THE CHI OMEGA FOUNDATION (COLUMN D) AND THE CHI OMEGA FRATERNITY (COLUMN E AND SEE SCHEDULE O COMMENT REGARDING RELATED ORGANIZATION) BY THEIR PAYROLL PROVIDER. THE W-2'S ARE ISSUED IN THE NAME OF THE PAYROLL PROVIDER AND NOT THE NAME OF THE CHI OMEGA FOUNDATION OR CHI OMEGA FRATERNITY.