CHI OMEGA HOUSING CORPORATION: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: CHI OMEGA HOUSING CORPORATION (EIN 59-6135388)
Tax period: 2011-08-01 to 2012-07-31
Filed: 2013-04-26
IRS object ID: 201331169349300023
Schema version: 2011v1.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-04-26T12:17:13-05:00	Timestamp
Tax Period End Date	2012-07-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PURVIS GRAY & COMPANY LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	222 NORTH EAST FIRST STREET	AddressLine1
City	GAINESVILLE	City
State	FL	State
ZIP Code	32601	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-08-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	596135388	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	CHI OMEGA HOUSING CORPORATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	CHIO	NameControl
Phone	3523757249	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 358614	AddressLine1
City	GAINESVILLE	City
State	FL	State
ZIP Code	326358614	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	DANA CLAYTON	Name
Title	PRESIDENT	Title
Phone	3523757249	Phone
Date Signed	2013-02-20	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	ROBERT O DALE CPA	Name
Phone	3523782461	Phone
Date Prepared	2013-04-26	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	DANA CLAYTON	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 358614	AddressLine1
City	GAINESVILLE	City
State	FL	State
ZIP Code	326358614	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	872735	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	N/A	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1987	YearFormation
State Legal Domicile	FL	StateLegalDomicile
Activity Or Mission Description	TO OBTAIN MONEY AND PROPERTY BY GIFT, BEQUEST, LOAN, LEASE, AND OTHERWISE, AND TO USE SUCH MONEY FOR THE PURCHASES AND ACQUIRING OF PROPERTY, IF NECESSARY, AND FOR THE CREATION OF A CHI OMEGA HOUSE AT THE UNIVERSITY OF FLORIDA, GAINESVILLE, FLORIDA, FOR THE PURPOSE OF HOUSING MEMBERS OF ETA DELTA CHAPTER OF THE CHI OMEGA FRATERNITY. TO BORROW MONEY FOR THE USES AND PURPOSES AS SET OUT ABOVE EVIDENCING SUCH LOANS BY THE ISSUING OF NEGOTIABLE INSTRUMENTS. TO DO ANY AND ALL THINGS DEEMED NECESSARY AS PROVIDED IN THIS CHARTER TO SECURE PROPERTIES, WHETHER REAL OR PERSONAL, FOR THE ADVANCEMENT OF ETA DELTA CHAPTER OF THE CHI OMEGA FRATERNITY IN GAINESVILLE, ALACHUA COUNTY, FLORIDA, WHEREBY THE STANDARDS AND THE PHYSICAL WELL BEING OF YOUNG LADIES WHO DESIRE TO BECOME MEMBERS OF THE ETA DELTA CHAPTER OF CHI OMEGA FRATERNITY OF THE UNIVERSITY OF FLORIDA, WILL BE BETTERED.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	12	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	12	NbrIndependentVotingMembers
Total Nbr Employees	14	TotalNbrEmployees
Total Gross UBI	30025	TotalGrossUBI
Net Unrelated Business Txbl Income	20609	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	32100	ContributionsGrantsPriorYear
Contributions Grants Current Year	2500	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	760641	ProgramServiceRevenuePriorYear
Program Service Revenue CY	802658	ProgramServiceRevenueCY
Investment Income Prior Year	15656	InvestmentIncomePriorYear
Investment Income Current Year	30025	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	808397	TotalRevenuePriorYear
Total Revenue Current Year	835183	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	131461	SalariesEtcPriorYear
Salaries Etc Current Year	130978	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	407590	OtherExpensePriorYear
Other Expenses Current Year	426266	OtherExpensesCurrentYear
Total Expenses Prior Year	539051	TotalExpensesPriorYear
Total Expenses Current Year	557244	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	269346	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	277939	RevenuesLessExpensesCY
Total Assets BOY	1818095	TotalAssetsBOY
Total Assets EOY	2074624	TotalAssetsEOY
Total Liabilities BOY	278358	TotalLiabilitiesBOY
Total Liabilities EOY	256948	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	1539737	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	1817676	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	TO OBTAIN MONEY AND PROPERTY BY GIFT, BEQUEST, LOAN, LEASE, AND OTHERWISE, AND TO USE SUCH MONEY FOR THE PURCHASES AND ACQUIRING OF PROPERTY, IF NECESSARY, AND FOR THE CREATION OF A CHI OMEGA HOUSE AT THE UNIVERSITY OF FLORIDA, GAINESVILLE, FLORIDA, FOR THE PURPOSE OF HOUSING MEMBERS OF ETA DELTA CHAPTER OF THE CHI OMEGA FRATERNITY. TO BORROW MONEY FOR THE USES AND PURPOSES AS SET OUT ABOVE EVIDENCING SUCH LOANS BY THE ISSUING OF NEGOTIABLE INSTRUMENTS. TO DO ANY AND ALL THINGS DEEMED NECESSARY AS PROVIDED IN THIS CHARTER TO SECURE PROPERTIES, WHETHER REAL OR PERSONAL, FOR THE ADVANCEMENT OF ETA DELTA CHAPTER OF THE CHI OMEGA FRATERNITY IN GAINESVILLE, ALACHUA COUNTY, FLORIDA, WHEREBY THE STANDARDS AND THE PHYSICAL WELL BEING OF YOUNG LADIES WHO DESIRE TO BECOME MEMBERS OF THE ETA DELTA CHAPTER OF CHI OMEGA FRATERNITY OF THE UNIVERSITY OF FLORIDA, WILL BE BETTERED.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	THE ORGANIZATION HAS MET ITS EXEMPT PURPOSE IN PROVIDING ROOM AND BOARD TO THE MEMBERS OF CHI OMEGA SORORITY. IT HAS PROVIDED ROOMS THAT HAVE BEEN MAINTAINED IN GOOD ORDER AS WELL AS CONSISTENTLY PROVIDING HIGH QUALITY MEALS TO THE MEMBERS OF THE SORORITY.	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Description	THE ORGANIZATION HAS MET ITS EXEMPT PURPOSE IN PROVIDING ROOM AND BOARD TO THE MEMBERS OF CHI OMEGA SORORITY. IT HAS PROVIDED ROOMS THAT HAVE BEEN MAINTAINED IN GOOD ORDER AS WELL AS CONSISTENTLY PROVIDING HIGH QUALITY MEALS TO THE MEMBERS OF THE SORORITY.	Description

Field	Value	IRS element (for citing)
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	7	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	14	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Initiation Fees	$2,500	InitiationFeesAmount
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	12	NbrVotingGoverningBodyMembers
Number Independent Voting Members	12	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	MARTHA OSMUN	NamePerson
Telephone Number	3523757249	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	6005 NW 19TH PLACE	AddressLine1
City	GAINESVILLE	City
State	FL	State
ZIP Code	32605	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (12 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
SANDRA OLINGER
PAST-PRESIDE	15.00	X	X	0	0	0
CATHY JENKINS
DIRECTOR	2.00	X		0	0	0
DANA CLAYTON
PRESIDENT	15.00	X	X	0	0	0
SHERRY PATRICK
TREASURER	15.00	X	X	0	0	0
SARA LYNN MCCREA
SECRETARY 10	15.00	X	X	0	0	0
BETTY ALSOBROOK
DIRECTOR	2.00	X		0	0	0
ALISON CANNON
DIRECTOR	2.00	X		0	0	0
LURAL DUNLAP
HOUSE MANAGE	2.00	X		0	0	0
MARY FEIBER
DIRECTOR	2.00	X		0	0	0
STEPHANIE MATTHEWS
DIRECTOR	2.00	X		0	0	0
SHARON SCHREIBER
DIRECTOR	2.00	X		0	0	0
LINDA SINGLETON
VICE PRESIDE	15.00	X	X	0	0	0

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Related Organizations	2500	RelatedOrganizations
Total Contributions	2500	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	MEMBERSHIP DUES & ASSESSMENTS	Description
Business Code	900099	BusinessCode
Total Revenue Column	802658	TotalRevenueColumn
Related Or Exempt Function Income	802658	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	802658	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	17558	TotalRevenueColumn
Unrelated Business Revenue	17558	UnrelatedBusinessRevenue

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	50019	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	37552	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	12467	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	12467	TotalRevenueColumn
Unrelated Business Revenue	12467	UnrelatedBusinessRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	835183	TotalRevenueColumn
Related Or Exempt Function Income	802658	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	30025	UnrelatedBusinessRevenue

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	118589	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	12389	Total

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	16250	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	16155	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	2701	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	24613	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	116048	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	3320	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	59299	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	7738	Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal
FOOD	123588
SALES TAX EXPENSE	23216
KITCHEN SUPPLIES	15780
HOUSE DIRECTOR EXPENSE	7849

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	9709	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	557244	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	72537	BOY
EOY	72008	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	610375	BOY
EOY	766221	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	2138563	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	1291519	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	774351	BOY
EOY	847044	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	360832	BOY
EOY	389351	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1818095	BOY
EOY	2074624	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	327	BOY
EOY	15389	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	251726	BOY
EOY	213912	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	26305	BOY
EOY	27647	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	278358	BOY
EOY	256948	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	1539737	BOY
EOY	1817676	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1539737	BOY
EOY	1817676	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1818095	BOY
EOY	2074624	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	277939	ReconcilationRevenueExpenses
Info In Schedule O Part XII	X	InfoInScheduleOPartXII
Method Of Accounting Other	X	MethodOfAccountingOther
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	false	FSAudited
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Written Policy Monitoring	false	WrittenPolicyMonitoring
Sect170h Requirements Satisfied	false	Sect170hRequirementsSatisfied
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	3800	OtherCostOrOtherBasis
Book Value	3800	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	937746	OtherCostOrOtherBasis
Depreciation	332253	Depreciation
Book Value	605493	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	669362	OtherCostOrOtherBasis
Depreciation	597598	Depreciation
Book Value	71764	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	527655	OtherCostOrOtherBasis
Depreciation	361668	Depreciation
Book Value	165987	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	847044	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescription	AmountAmount
ROOM DEPOSITS	$16,500
SALES TAX PAYABLE	$6,947
KEY DEPOSITS	$4,200

Field	Value	IRS element (for citing)
Total Of Amounts	27647	TotalOfAmounts

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S MISSION	FORM 990 - ORGANIZATION'S MISSION	TO OBTAIN MONEY AND PROPERTY BY GIFT, BEQUEST, LOAN, LEASE, AND OTHERWISE, AND TO USE SUCH MONEY FOR THE PURCHASES AND ACQUIRING OF PROPERTY, IF NECESSARY, AND FOR THE CREATION OF A CHI OMEGA HOUSE AT THE UNIVERSITY OF FLORIDA, GAINESVILLE, FLORIDA, FOR THE PURPOSE OF HOUSING MEMBERS OF ETA DELTA CHAPTER OF THE CHI OMEGA FRATERNITY. TO BORROW MONEY FOR THE USES AND PURPOSES AS SET OUT ABOVE EVIDENCING SUCH LOANS BY THE ISSUING OF NEGOTIABLE INSTRUMENTS. TO DO ANY AND ALL THINGS DEEMED NECESSARY AS PROVIDED IN THIS CHARTER TO SECURE PROPERTIES, WHETHER REAL OR PERSONAL, FOR THE ADVANCEMENT OF ETA DELTA CHAPTER OF THE CHI OMEGA FRATERNITY IN GAINESVILLE, ALACHUA COUNTY, FLORIDA, WHEREBY THE STANDARDS AND THE PHYSICAL WELL BEING OF YOUNG LADIES WHO DESIRE TO BECOME MEMBERS OF THE ETA DELTA CHAPTER OF CHI OMEGA FRATERNITY OF THE UNIVERSITY OF FLORIDA, WILL BE BETTERED.
ADDITIONAL INFORMATION	FORM 990	PART IX, LINE 24F - ALL OTHER EXPENSES INCLUDED IN 9,709 TOTAL ALL OTHER EXPENSES IS THE FOLLOWING: 990-T UNRELATED BUSINESS TAXES PAID 488
ALL OTHER ACCOMPLISHMENT DESCRIPTION	FORM 990, PAGE 2, PART III, LINE 4D	THE ORGANIZATION HAS MET ITS EXEMPT PURPOSE IN PROVIDING ROOM AND BOARD TO THE MEMBERS OF CHI OMEGA SORORITY. IT HAS PROVIDED ROOMS THAT HAVE BEEN MAINTAINED IN GOOD ORDER AS WELL AS CONSISTENTLY PROVIDING HIGH QUALITY MEALS TO THE MEMBERS OF THE SORORITY.
ELECTION OF MEMBERS AND THEIR RIGHTS	FORM 990, PAGE 6, PART VI, LINE 7A	THE MEMBERS OF THE ORGANIZATION PER THE BYLAWS HAVE THE RIGHT TO ELECT THE ORGANIZATION'S GOVERNING BODY.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	A DETAILED REVIEW OF THE FINAL FORM 990 IS CONDUCTED BY DANA CLAYTON, IN CONJUNCTION WITH MARTHA OSMUN. A FINAL COPY OF THE FORM 990 IS SENT TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	THE ORGANIZATION REQUIRES ALL BOARD MEMBERS AND OFFICERS TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS AND REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT ON INTEREST POLICY FOR BOARD MEMBERS. IF A CONFLICT ARISES, THAT PERSON SHALL GENERALLY BE EXCUSED FROM PARTICIPATING IN AN ACTION INVOLVING THAT SUBJECT MATTER.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	CHI OMEGA HOUSING CORPORATION DOES NOT MAKE AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS OR FINANCIAL STATEMENTS.
ADDITIONAL INFORMATION	FORM 990, PART XII	LINE 1 - ACCOUNTING METHOD USED THE ORGANIZATION USES THE MODIFIED ACCRUAL BASIS OF ACCOUNTING METHOD FOR TAX PURPOSES. UNDER THIS METHOD, REVENUES ARE RECOGNIZED IN THE PERIOD THEY BECOME AVAILABLE AND MEASURABLE. IN THE CASE OF THE ORGANIZATION, REVENUE IS DEFERRED ON PREPAID HOUSING FEES.