Gamma Iota Sigma

Organization Overview

Gamma Iota Sigma is located in Powell, OH. The organization was established in 1983. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 12/2021, Gamma Iota Sigma employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gamma Iota Sigma 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 12/2021, Gamma Iota Sigma generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $933.1k during the year ending 12/2021. While expenses have increased by 5.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE AND SUSTAIN COLLEGIATE STUDENT INTEREST IN CAREERS IN INSURANCE, RISK MANAGEMENT, AND ACTUARIAL SCIENCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SPONSORED GIS'S CORE PROGRAMMING INCLUDING REGIONAL CONFERENCE SERIES, THE PIPELINE EVENT, ALLIES IN INSURANCE EVENT, LEADERSHIP SYMPOSIUM, AND ANNUAL INTERNATIONAL CONFERENCE.


PRODUCED NEWLETTER AND OTHER PUBLICATIONS


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Board, Officers & Key Employees

Name (title)Compensation
Grace Grant
Executive Director
$150,000
Carrie Busic
Vice President
$0
Stephen Marohn
President
$0
Michael Klein
Vice President
$0
Nick Abraham
Treasurer
$0
Beth Gall
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $62,877
All other contributions, gifts, grants, and similar amounts not included above$63,168
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$126,045
Total Program Service Revenue$977,851
Investment income $2,927
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,126,982

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Gamma Iota Sigma has recieved totaling $95,000.

Awarding OrganizationAmount
Spencer Educational Foundation Inc

New York, NY

PURPOSE: GENERAL GRANT

$50,000
Council Foundation

Washington, DC

PURPOSE: SUSTAINING PARTNER

$25,000
Kemper Educational & Charitable Fund

Winnetka, IL

PURPOSE: SUPPORT PROGRAM

$10,000
Wholesale And Specialty Insurance Association

Kansas City, MO

PURPOSE: SUSTAINING PARTNER CONTRIBUTION

$10,000
View Grant Recipient Profile

Endowment Analysis

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