RHO ZETA BUILDING ASSOC OF CHI OMEG

EIN: 566065253

ROCKY MOUNT, NC

Total Revenue
$229,127
Total Expenses
$266,533
Total Assets
$328,895
Net Assets
$328,593
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
NC
Principal Officer
JEANNE SHANNON
Phone
2054782446
Tax Period
2024-07-01 to 2025-06-30

RHO ZETA BUILDING ASSOC OF CHI OMEG, founded in 1964, is a small nonprofit that reported $229K in total revenue in fiscal year 2024. Expenses of $267K exceeded revenue, resulting in a 16% operating deficit.

Mission

TO PROVIDE HOUSING FOR MEMBERS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $106,485
Program Service Revenue $0
Investment Income $443
Other Revenue $122,199
TOTAL REVENUE $229,127

Expense Breakdown

Grants Paid $0
Salaries & Benefits $54,836
Fundraising Expenses $0
Other Expenses $211,697
TOTAL EXPENSES $266,533

Year-over-Year Comparison

2024 2023 Change
Revenue $229,127 $231,546 0.0%
Expenses $266,533 $238,868 +0.1%
Net Income $-37,406 $-7,322 +4.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
3
Volunteers
10

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEANNE SHANNON PRESIDENT/TR 0.00
Officer Director
$0 $0 $0
MARY MARSHALL HECKSTALL VICE PRESIDE N/A
Officer Director
$0 $0 $0
BONNIE BROWN DIRECTOR N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $229,127 $266,533 $328,895 $-37,406
2024 $231,546 $238,868 $367,030 $-7,322
2023 $264,525 $249,785 $375,394 $14,740
2022 $254,985 $244,306 $372,522 $10,679
2021 $214,080 $214,995 $367,668 $-915
2020 $219,953 $256,735 $380,488 $-36,782
2019 $254,272 $178,173 $422,157 $76,099
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