Gamma Phi Beta Sorority Inc
- Assets
- $894.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Urbana, IL
- Founding
- 11/1940
- Data as of
- 07/2023
- 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 07/2023, Gamma Phi Beta Sorority Inc generated $159.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $160.4k during the year ending 07/2023. While expenses have increased by 3.7% 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
2023
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 |
|---|---|---|---|
Julia Kevin Financial VP | 1 | $0 | |
Claire Petrow President | 1 | $0 | |
Julia Fargostein Panhellenic | 1 | $0 | |
Nieve Boland Education VP | 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 | $2,312 |
| Total Program Service Revenue | $156,939 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $159,251 |
| 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 | $10 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $160,369 |
| Total expenses | $160,379 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $894 |
| Other assets | $0 |
| Total assets | $894 |
| Total liabilities | $0 |
| Net assets or fund balances | $894 |