Gamma Phi Beta Sorority Inc
- Assets
- $53.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mankato, MN
- Founding
- 11/1940
- Data as of
- 07/2020
- EIN
- 41-6053870
Organization Overview
Gamma Phi Beta Sorority Inc is located in Mankato, MN. The organization was established in 1940. 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 subordinate organization within an affiliated group for tax-exemption purposes. Gamma Phi Beta Sorority Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 07/2020, Gamma Phi Beta Sorority Inc generated $60.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $46.4k during the year ending 07/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
GAMMA PHI BETA, GAMMA PI CHAPTER IS PROUD TO BE ONE OF THE FOUR NPC SORORITIES AT MINNESOTA STATE UNIVERSITY, MANKATO. GAMMA PHI BETA IS ALWAYS STRIVING TO INSPIRE THE HIGHEST TYPE OF WOMANHOOD. WE ENCOURAGE MEMBERS TO BE THEIR BEST SELVES IN THE CONTEXT OF FRIENDSHIP, LEADERSHIP AND SCHOLARSHIP. WE LOOK FORWARD TO WORKING WITH THE CAMPUS AND LOCAL PANHELLENIC TO MAKE GREAT THINGS HAPPEN ON CAMPUS, IN THE COMMUNITY AND IN WOMEN'S LIVES.
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20 |
| Total Program Service Revenue | $2,795 |
| Membership dues | $57,253 |
| Investment income | $41 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,109 |
| Statement of Expenses | |
|---|---|
| Total expenses | $46,355 |
| Balance Sheet | |
|---|---|
| Total assets | $53,153 |
| Total liabilities | $7,349 |
| Net assets or fund balances | $45,804 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Omega Enterprises Inc Eba Green Bay, WI | $419,566 | $1,989,091 |
Sigma Lambda Gamma National Sorority Inc Iowa City, IA | $363,211 | $683,914 |
Delta Tau Delta Fraternity Ames, IA | $14,265 | $764,487 |
Peo Sisterhood International Chapter Des Moines, IA | $1,163,643 | $728,682 |
Farm House Fraternity Inc Ames, IA | $86,673 | $644,568 |
Chi Omega Fraternity Minneapolis, MN | $163,494 | $592,068 |
Alpha Gamma Delta Fraternity Ames, IA | $145,177 | $560,203 |
Sigma Chi Fraternity Minneapolis, MN | $88,169 | $515,786 |
Gamma Phi Beta Sorority Inc Ames, IA | $64,627 | $581,753 |
Pi Sigma Epsilon Inc Milwaukee, WI | $511,121 | $648,587 |
Sigma Nu Fraternity Beta Mu Chapter Iowa City, IA | $52,489 | $439,030 |
Gamma Phi Beta Sorority Inc Iowa City, IA | $451,815 | $470,283 |