Executive Headquarters FY2021 filing

Not tax-deductible

Memphis, TN501(c)(7)Since 1940Mutual / membership EIN 31-0851686Revenue $8.1M in FY2021

On file with the IRSchiomega.com3395 Players Club Pkwy, 38125-8863 · Memphis, TNTax-exempt since Dec 1940

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Chi omega is an intergenerational women's organization forever committed to our founding purposes: friendship, personal integrity, service to others, academic excellence and intellectual pursuits, community and campus involvement and personal and career development.

501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
$255K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average deficit $2.4M a year · 26% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$255K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
12 mo
of spending, in cash
Plus $17.1M in investments, Pt X · Ln 11–13
Looks good: 11.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $862K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$921K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.1M
+10% vs prior year
Spent
$5.3M
Net assets
$22.5M
By yearFY2020–FY2025
Revenue
$8.1M
FY2021▲ +10%
Tap a bar for its year
Revenue by fiscal year
FY2020$7.4M
FY2021$8.1M
FY2022$9.6M
FY2023$9.3M
FY2024$9.5M
FY2025$12.7M
Expenses
$5.3M
FY2021▼ -23%
Tap a bar for its year
Expenses by fiscal year
FY2020$6.9M
FY2021$5.3M
FY2022$7.4M
FY2023$25.2M
FY2024$8.2M
FY2025$18.3M
Net assets
$22.5M
FY2021▲ +32%
Tap a bar for its year
Net assets by fiscal year
FY2020$17.1M
FY2021$22.5M
FY2022$23.3M
FY2023$6.9M
FY2024$8.1M
FY2025$2.6M

From the FY2021 Form 990 (year ending April 2021) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1940.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

8 people listed on the 990; $255K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Chief Executive Officer
$165,040Pt VII · Sec A
Chief Financial Officer
$89,554Pt VII · Sec A
National Secretary
$0Pt VII · Sec A
National Treasurer
$0Pt VII · Sec A
National Vice President
$0Pt VII · Sec A
National President Until 6/20
$0Pt VII · Sec A
National Chair
$0Pt VII · Sec A
National President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Leslie Herington$236,219$207,319$220,000$187,069$165,040$166,324
Claire White$131,942—————
Melissa Ford—$120,262$128,371———
Brittney Whidden—$121,058$115,600$94,048$89,554$66,237

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Fosters friendship, integrity, service, academics, and development for women of all ages.

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Provided by the organization

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3 programs · in their own filed words · FY2020
01

National Meetings

Biennially, collegiate chapter officers and alumna convene to conduct the general business of the fraternity. (convention) annually, collegiate chapter officers and alumnae advisors attend educational sessions to develop leadership skills and learn how they can better serve their chapters and local community.

Pt IX · col B
02

Educational Programs

Programs for collegiate and alumnae members that are aligned with the fraternity's mission and that focus on leadership, scholarship, service and life skills.

Pt IX · col B
03

Chapter supervision for 181 collegiate chapters with 26,000 collegiate members and approximately 259,000 living alumnae.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$862K
Grants paid · 3 grants · $8.2M · 2021–2024
Straw HoldingsTN · FY2024$7,636,547
Chi Omega FoundationTN · FY2021$500,000

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$8.1M
Ln 12
Gifts and grantsLn 1h$5.1M
Fees for servicesLn 2g$1.7M
Investment incomeLn 3$994K
Money outPt IX
$5.3M
Ln 25
Owns and owesPt X
$22.5M
net assets · Ln 32
Cash and savingsLn 1–2$5.1M
Total assetsLn 16$23.4M
LiabilitiesLn 26$921K
PeoplePt VI, VII
8
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.1M
Fees for servicesLn 2g$1.7M
Investment incomeLn 3$994K
Other incomeLn 4–11$311K
Gains on assetsLn 7$583K
Total revenueLn 12$8.1M
Assets in detailPt X, end of year
CashLn 1$5.1M
Cash and savings togetherLn 1–2$5.1M
InvestmentsLn 11–13$17.1M
Land, buildings, equipmentLn 10c$13K
Other assetsLn 15$90K
Total assetsLn 16$23.4M
LiabilitiesLn 26$921K
Net assetsLn 32$22.5M
OperationsPt I, VI
EmployeesI 554
VolunteersI 65,200
Fiscal year endsHeaderApril
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$3.3M$5.1M
InvestmentsLn 11–13$13.5M$17.1M
Land, buildings, equipmentLn 10c$25K$13K
Total assetsLn 16$17.8M$23.4M
LiabilitiesLn 26$722K$921K
Net assetsLn 32$17.1M$22.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$285K
Other salaries and wagesLn 7$1.8M
Pension plan contributionsLn 8$64K
Other employee benefitsLn 9$83K
Payroll taxesLn 10$162K
Legal feesLn 11b$12K
Accounting feesLn 11c$28K
Investment management feesLn 11f$38K
Other fees for servicesLn 11g$331K
Advertising and promotionLn 12$80K
Office expensesLn 13$309K
Information technologyLn 14$123K
OccupancyLn 16$163K
TravelLn 17$9K
Conferences, conventions and meetingsLn 19$170K
Depreciation, depletion and amortizationLn 22$8K
InsuranceLn 23$414K
Other expenses (24a–d)Ln 24$1.2M
All other expensesLn 24e$834
Total functional expensesLn 25$5.3M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $12.7M$18.3M−$5.6M$2.6M 990 PDF
FY2024 $9.5M$8.2M$1.2M$8.1M 990 PDF
FY2023 $9.3M$25.2M−$15.9M$6.9M 990 PDF
FY2022 $9.6M$7.4M$2.3M$23.3M 990 PDF
FY2021 Viewing $8.1M$5.3M$2.8M$22.5M 990 PDF
FY2020 $7.4M$6.9M$497K$17.1M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $8,118,821 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,705,500$5,075,298
I-9 Program service revenuePrior year $1,648,547$1,737,986
I-10 Investment incomePrior year $683,673$994,473
I-11 Other revenuePrior year $325,977$311,064
I-12 Total revenuePrior year $7,363,697$8,118,821
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,290,249$2,352,671
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $4,576,133$2,927,095
I-18 Total expensesPrior year $6,866,382$5,279,766
I-19 Revenue less expensesPrior year $497,315$2,839,055
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $8,118,821 across 9 lines filed
VIII-1b Membership dues$4,428,375
VIII-1f All other contributions, gifts and grants$646,923
VIII-1h Total contributions, gifts and grants$5,075,298
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,737,986$1,737,986
VIII-3 Investment incomeUnrelated business $411,510$411,510
VIII-5 RoyaltiesUnrelated business $296,664$296,664
VIII-6 Net rental income or lossUnrelated business $14,400$14,400
VIII-7 Net gain or loss on sales of assetsUnrelated business $582,963$582,963
VIII-12 Total revenueRelated to mission $1,737,986 · Unrelated business $1,305,537 · Excluded from tax $0$8,118,821
Part IX · Statement of functional expenses $5,279,766 across 19 lines filed
IX-5 Pay of current officers, directors and key staff$285,260
IX-7 Other salaries and wages$1,757,993
IX-8 Pension plan contributions$64,200
IX-9 Other employee benefits$82,815
IX-10 Payroll taxes$162,403
IX-11b Legal fees$12,367
IX-11c Accounting fees$28,464
IX-11f Investment management fees$37,957
IX-11g Other fees for services$330,773
IX-12 Advertising and promotion$79,938
IX-13 Office expenses$308,816
IX-14 Information technology$123,094
IX-16 Occupancy$162,830
IX-17 Travel$9,325
IX-19 Conferences, conventions and meetings$169,667
IX-22 Depreciation, depletion and amortization$8,047
IX-23 Insurance$414,345
IX-24 Other expenses (24a–d)$1,240,638
IX-24e All other expenses$834
IX-25 Total functional expenses$5,279,766
Part X · Balance sheet $23,405,079 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $3,309,891$5,145,294
X-4 Accounts receivableStart of year $636,963$850,784
X-9 Prepaid expenses and deferred chargesStart of year $293,463$252,283
X-10c Land, buildings and equipment, netStart of year $25,439$13,310
X-11 Publicly traded securitiesStart of year $13,544,045$17,053,239
X-15 Other assetsStart of year $8,779$90,169
X-16 Total assetsStart of year $17,818,580$23,405,079
X-17 Accounts payable and accrued expensesStart of year $722,286$493,636
X-24 Unsecured notes and loans payableStart of year $0$427,500
X-26 Total liabilitiesStart of year $722,286$921,136
X-27 Net assets without donor restrictionsStart of year $17,096,294$22,483,943
X-32 Total net assets or fund balancesStart of year $17,096,294$22,483,943
X-33 Total liabilities and net assetsStart of year $17,818,580$23,405,079
Part XI · Reconciliation of net assets $22,483,943 net assets at year end
XI-1 Total revenue$8,118,821
XI-2 Total expenses$5,279,766
XI-3 Revenue less expenses$2,839,055
XI-4 Net assets at start of year$17,096,294
XI-5 Net unrealized gains (losses) on investments$2,552,676
XI-8 Prior period adjustments−$4,082
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$22,483,943

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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