Gamma Phi Beta Sorority Inc
- Assets
- $55.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 11/1940
- Data as of
- 07/2024
- EIN
- 47-0695901
Organization Overview
Gamma Phi Beta Sorority Inc is located in Omaha, NE. 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 07/2024, Gamma Phi Beta Sorority Inc generated $84.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $82.2k during the year ending 07/2024. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 9 years. 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
SOCIAL ORGANIZATION ORGANIZED TO PROMOTE THE HIGHEST STANDARDS OF WOMANHOOD THROUGH PHILANTHROPY, SOCIAL AND CAMPUS ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lizzy Nelson President | 8 | $0 | |
Julia Finn Financial VP | 8 | $0 | |
Sofie Streich Administrative VP | 8 | $0 | |
Anna Nagus Education VP | 8 | $0 | |
Moira Hale Membership VP | 8 | $0 | |
Grace Specht Public Relations VP | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,160 |
| Total Program Service Revenue | $0 |
| Membership dues | $92,416 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$9,102 |
| Other Revenue | $0 |
| Total Revenue | $84,365 |
| 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 | $5,614 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $76,622 |
| Total expenses | $82,236 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,811 |
| Other assets | $0 |
| Total assets | $55,811 |
| Total liabilities | $0 |
| Net assets or fund balances | $55,811 |