Gamma Phi Beta Sorority Inc
- Assets
- $2.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Urbana, IL
- Founding
- 11/1940
- Data as of
- 07/2022
- EIN
- 47-4015878
Organization Overview
Gamma Phi Beta Sorority Inc is located in Urbana, IL. The organization was established in 1940. 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 07/2022, Gamma Phi Beta Sorority Inc generated $141.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $154.1k during the year ending 07/2022. While expenses have increased by 1.7% 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
2022
Describe the Organization's Program Activity:
Part 3
OPERATE A LOCAL CHAPTER OF A NATIONAL COLLEGE SORORITY ORGANIZATION TO FURTHER PROMOTE SOCIAL AND EDUCATIONAL INTEREST WITHIN UNIVERSITY OF ILLINOIS CAMPUS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claire Petrow President | 1 | $0 | |
Julia Kevin Financial VP | 1 | $0 | |
Nieve Boland Education VP | 1 | $0 | |
Julia Fargostein Panhellenic | 1 | $0 | |
Sophie Cotton Public Relat | 1 | $0 | |
Hayley Zondor Administrati | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,927 |
| Total Program Service Revenue | $139,265 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $141,192 |
| 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 | $17,380 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $136,723 |
| Total expenses | $154,103 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,022 |
| Other assets | $0 |
| Total assets | $2,022 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,022 |
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