Kappa Gamma Pi
- Assets
- $250.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Trenton, MI
- Founding
- 02/1953
- Data as of
- 05/2023
- EIN
- 22-1752086
Organization Overview
Kappa Gamma Pi is located in Trenton, MI. The organization was established in 1953. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is the central organization for a national or regional group of organizations. Kappa Gamma Pi is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2023, Kappa Gamma Pi generated $70.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $66.6k during the year ending 05/2023. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
CORNARO SCHOLARSHIPS ARE GIVEN TO TWO POST GRADUATE STUDENTS WHO BEST REFLECT THE QUALITIES OF LEADERSHIP, SCHOLARSHIP, FAITH AND SERVICE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Jaros President | 5 | $0 | |
Renae Rainman I Vice President | 2 | $0 | |
Betsy Shortle Ii Vice President | 2 | $0 | |
Alene Griffin Iii Vice President | 2 | $0 | |
Anne Dunlap-Kahren Recording Secretary | 3 | $0 | |
Anne F Simon Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,640 |
| Total Program Service Revenue | $700 |
| Membership dues | $48,650 |
| Investment income | $6,425 |
| Gain or Loss | $451 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,134 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $7,000 |
| Salaries, other compensation, and employee benefits | $30,900 |
| Professional fees and other payments to independent contractors | $2,800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $10,706 |
| Other expenses | $15,242 |
| Total expenses | $66,648 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $244,104 |
| Other assets | $0 |
| Total assets | $250,120 |
| Total liabilities | $4,867 |
| Net assets or fund balances | $245,253 |