Clovia Sorority Beta Chapter
- Assets
- $219.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 11/1974
- Data as of
- 06/2023
- EIN
- 41-6169821
Organization Overview
Clovia Sorority Beta Chapter is located in Minneapolis, MN. The organization was established in 1974. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Clovia Sorority Beta Chapter is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2023, Clovia Sorority Beta Chapter generated $189.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $178.2k during the year ending 06/2023. While expenses have increased by 6.0% per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDING COLLEGIATE SORORITY HOUSING, ACTIVITIES ANDENVIRONMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chloe Murphy President | 10 | $0 | |
Madelyn Wehe Treasurer | 5 | $0 | |
Becca Berkenpas Vice-President | 5 | $0 | |
Hally Frandrup Secretary | 4 | $0 | |
Megan Meyer House Contractor | 2 | $0 | |
Natalie Beckendorf Sisterhood Relations | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $160,607 |
| Membership dues | $24,988 |
| Investment income | $464 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,199 |
| Other Revenue | $1,865 |
| Total Revenue | $189,123 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,969 |
| Occupancy, rent, utilities, and maintenance | $94,649 |
| Printing, publications, postage, and shipping | $948 |
| Other expenses | $75,840 |
| Total expenses | $178,172 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $212,612 |
| Other assets | $0 |
| Total assets | $219,623 |
| Total liabilities | $14,760 |
| Net assets or fund balances | $204,863 |