Gamma Phi Beta Sorority Inc
- Assets
- $37.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlottesville, VA
- Founding
- 02/1959
- Data as of
- 07/2023
- EIN
- 54-1709427
Organization Overview
Gamma Phi Beta Sorority Inc is located in Charlottesville, VA. The organization was established in 1959. 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 07/2023, Gamma Phi Beta Sorority Inc generated $167.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $188.4k during the year ending 07/2023. 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
PROVIDED MEALS, HOUSING AND SOCIAL PROGRAMS FOR THE LOCAL SOCIAL FRATERNITY MEMBERS - TOTAL OF 46 MEMBERS FOR THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emma Strebel Financial VP | 0 | $0 | |
Kyra Smith Adminstrativ | 0 | $0 | |
Caroline Connor Education VP | 0 | $0 | |
Kelsey Cashman Facility Man | 0 | $0 | |
Jessica Mark Membership V | 0 | $0 | |
Kathryn Hancock Public Relat | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $166,488 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,010 |
| Other Revenue | $0 |
| Total Revenue | $167,498 |
| 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 | $2,458 |
| Occupancy, rent, utilities, and maintenance | $112,298 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $72,674 |
| Total expenses | $188,440 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,733 |
| Other assets | $0 |
| Total assets | $37,733 |
| Total liabilities | $0 |
| Net assets or fund balances | $37,733 |