Graduate-Professional Student Senate Inc
- Assets
- $91.2k
- Revenue
- $204.8k
- Investments
- $0.0
- Employees
- 0
- Location
- New Haven, CT
- Founding
- 04/1972
- Data as of
- 06/2022
- EIN
- 23-7169318
Organization Overview
Graduate-Professional Student Senate Inc is located in New Haven, CT. The organization was established in 1972. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Graduate-Professional Student Senate Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2022, Graduate-Professional Student Senate Inc generated $204.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.0%) each year. All expenses for the organization totaled $285.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SOCIAL CENTER IN WHICH STUDENT REPRESENTATIVES FROM ALL DEPTS. OF GRADUATE SCHOOL CAN CONVENE TO VOICE STUDENT CONCERNS & ISSUES
Describe the Organization's Program Activity:
Part 3 - Line 4a
STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTSGPSS, INC. IS THE MAJOR BODY FOR ADVOCATING GRADUATE AND PROFESSIONAL STUDENT CONCERNS TO THE ADMINISTRATION OF YALE UNIVERSITY. IN THAT LIGHT, THE GPSS DOES NOT ADVOCATE CONCERNS OF ANY SCHOOL IN PARTICULAR, BUT SEEKS TO ADVOCATE ISSUES THAT EQUALLY AFFECT GRADUATE AND PROFESSIONAL STUDENTS ACROSS THE UNIVERSITY. AN IMPORTANT ASPECT OF THE GPSS, INC. MISSION IS BUILDING RELATIONSHIPS WITH THE GREATER COMMUNITY, HERE IN NEW HAVEN, AND BEYOND. GPSS, INC. STRIVES TO BRING GRADUATE AND PROFESSIONAL STUDENTS FROM ALL SCHOOLS TOGETHER AT SOCIAL FUNCTIONS, THROUGH THREE PRIMARY AVENUES THAT HAVE BEEN ESTABLISHED TO ACHIEVE THIS GOAL: LARGE-SCALE PARTIES, SHORT TRIPS, AND DINNERS. THE SENATE HELPS TO MAINTAIN AND IMPROVE THE GPSCY. FOUR SENATORS REPRESENT YALE STUDENTS ON THE GYPSCY SUPERVISORY COUNCIL, ALONG WITH THREE ADMINISTRATORS FROM THE PROVOSTS OFFICE AND THE OFFICE OF THE PRESIDENT. TOGETHER, THIS GROUP DIRECTS THE USE OF GYPSCY, ITS DEVELOPMENT AS A STUDENT CENTER AND THE FUNDING OF ITS PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Nick Fisk President | OfficerTrustee | 4 | $0 |
Chrishan Fernando Vice President | OfficerTrustee | 8 | $0 |
Abhisek Dev Treasurer | OfficerTrustee | 4 | $0 |
Samantha Dao Secretary | OfficerTrustee | 4 | $0 |
Sara Siwiecki Advocacy Co-Chair | Trustee | 2 | $0 |
Alex Rich Advocacy Co-Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $72,376 |
| Investment income | $0 |
| 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 | $132,400 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $204,776 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,378 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,603 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $95 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,774 |
| Insurance | $0 |
| All other expenses | $19,702 |
| Total functional expenses | $285,151 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,764 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $43,396 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $91,160 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $91,160 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $91,160 |