The National Fraternity Of Phi Gamma Nu
- Assets
- $213.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 09/1982
- Data as of
- 07/2024
- EIN
- 36-2372971
Organization Overview
The National Fraternity Of Phi Gamma Nu is located in Chicago, IL. The organization was established in 1982. 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 a parent organization of an affiliated group for tax-exemption purposes. National Fraternity Of Phi Gamma Nu is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 07/2024, National Fraternity Of Phi Gamma Nu generated $200.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $198.9k during the year ending 07/2024. While expenses have increased by 7.4% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
OVER 50 ELECTED REPRESENTATIVES FROM ALL UNIVERSITY CHAPTERS ELECTED NATIONAL COUNCIL MEMBERS AND ALUMNI VOLUNTEERS CONVENED IN PERSON FOR PROFESSIONAL DEVELOPMENT SEMINARS TEAM BUILDING LEADERSHIP SKILL DEVELOPMENT AND NATIONAL COUNCIL ELECTIONS. THE NATIONAL COUNCIL USED THE ANNUAL EVENT TO WORK WITH STUDENTS TO REINFORCE THE ORGANIZATIONS MISSION AND GOALS. EXPENSES ARE PRIMARILY TRAVEL AND LODGING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Acker Executive Director | 15 | $25,833 | |
John Ehresman VP Finance Business Intelligence | 5 | $0 | |
Emma Burd Vice President Of Expansion | 5 | $0 | |
Jackson Westhoff Vice President Of Expansion | 5 | $0 | |
Matthew Puzzini Vice President Of Chapter Presidents | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $199,985 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $199,985 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,984 |
| Professional fees and other payments to independent contractors | $17,544 |
| Occupancy, rent, utilities, and maintenance | $1,503 |
| Printing, publications, postage, and shipping | $591 |
| Other expenses | $146,298 |
| Total expenses | $198,920 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $204,235 |
| Other assets | $0 |
| Total assets | $213,665 |
| Total liabilities | $300 |
| Net assets or fund balances | $213,365 |