Chi Omega Incorporated Iota Beta Chapter in Adams, Massachusetts (MA)

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Chi Omega Incorporated Iota Beta Chapter
Employer Identification Number (EIN)046065156
Name of OrganizationChi Omega Incorporated Iota Beta Chapter
Address28 West Rd, Adams, MA 01220-9752
ActivitiesFraternity or sorority
SubsectionTitle Holding Corporation
Ruling Date01/1942
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period08/2012
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$291,774
Amount of Income$347,301
Form 990 Revenue Amount$347,301


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Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$347,301
Contributions, Gifts, Grants and Other Similar Amounts$658
Program Service Revenue$346,332
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$311
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$286,668
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$60,475
Payroll taxes$5,842
Professional fundraising services$0
Other$220,351
Balance Sheet (for 2012)
Total assets$291,774
Total liabilities$168,688
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$158,519
Unsecured notes and loans payable to unrelated third parties$0
Other$10,169
Total net assets or fund balances$123,086
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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