Gamma Phi Beta Sorority Inc is located in Manhattan, KS. 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 07/2022, Gamma Phi Beta Sorority Inc generated $595.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $545.2k during the year ending 07/2022. While expenses have increased by 1.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HOUSING, FOOD AND ACTIVITIES IN A POSITIVE ACADEMIC AND SOCIAL ENVIRONMENT AT KSU.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HOUSING, FOOD, AND ACTIVITIES IN A POSITIVE ACADEMIC AND SOCIAL ENVIRONMENT FOR MEMBERS AND AFFILIATES OF THE ACTIVE CHAPTER OF THE SORORITY AT KSU.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tonya Hoobler President | OfficerTrustee | 4 | $0 |
Heather Landsdowne Vice-President | OfficerTrustee | 4 | $0 |
Andrea Krauss Treasurer | OfficerTrustee | 4 | $0 |
Tammy Laudan Secretary | OfficerTrustee | 4 | $0 |
Lori Lavezzi Member | Trustee | 4 | $0 |
Mary Zey Member | Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $594,570 |
Investment income | $774 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $595,344 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $23,871 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $1,933 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $21,984 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $16,378 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $157,072 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $8,105 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $87,866 |
Insurance | $13,677 |
All other expenses | $0 |
Total functional expenses | $545,174 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $69,726 |
Savings and temporary cash investments | $270,811 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $199,806 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $3,025 |
Net Land, buildings, and equipment | $1,460,041 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $781 |
Other assets | $0 |
Total assets | $2,004,190 |
Accounts payable and accrued expenses | $24,161 |
Grants payable | $0 |
Deferred revenue | $338,000 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $164,046 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $526,207 |
Net assets without donor restrictions | $1,477,983 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,004,190 |
Organization Name | Assets | Revenue |
---|---|---|
Pi Beta Phi Fraternity Town Country, MO | $45,635,121 | $9,219,516 |
Epsilon Sigma Alpha International Council Council Fort Collins, CO | $3,554,317 | $5,361,378 |
Educational Foundation Of Alpha Gamma Rho Kansas City, MO | $16,072,489 | $5,767,840 |
Alumni Association University Of Nebraska Lincoln, NE | $18,158,198 | $3,537,579 |
Pi Beta Phi Fraterntiy Town Country, MO | $1,016,424 | $3,235,102 |
Alpha Omega Alpha Honor Medical Society Aurora, CO | $27,406,157 | $2,965,525 |
Alpha Phi Omega National Service Fraternity Kansas City, MO | $10,346,073 | $1,755,361 |
Beta Theta Pi Fraternity Columbia, MO | $104,874 | $1,401,653 |
Beta Gamma Sigma Inc Saint Louis, MO | $4,230,139 | $2,194,158 |
Pi Beta Phi Fraternity Town Country, MO | $567,051 | $1,543,595 |
Alpha Gamma Delta Fraternity Oklahoma City, OK | $190,635 | $1,255,527 |
Farm House Fraternity Inc Kansas City, MO | $1,277,925 | $1,565,559 |