Pi Beta Phi Fraternity
- Assets
- $62.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 02/1967
- Data as of
- 06/2024
- EIN
- 74-6084897
Organization Overview
Pi Beta Phi Fraternity is located in Houston, TX. The organization was established in 1967. 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. Pi Beta Phi Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2024, Pi Beta Phi Fraternity generated $76.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $94.0k during the year ending 06/2024. 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
THE ALUMNI CLUB COLLECTS MEMBERSHIP DUES TO RAISE FUNDS TO PROVIDE FINANCIAL SUPPORT TO THE NATIONAL SORORITY, SPONSORS TRIPS AND EVENTS, AND SUPPORT ACTIVE COLLEGE CHAPTERS AND PI BETA PHI CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Grandt Co-President | 8 | $0 | |
Carrie Pearson Co-President | 8 | $0 | |
Valerie Dietrich Co-President Elect | 1 | $0 | |
Dana Johnson Co-President Elect | 1 | $0 | |
Molly Wallace Junior Group President | 1 | $0 | |
Adrienne Bash Vice President Of Finance | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,385 |
| Membership dues | $74,060 |
| Investment income | $136 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $76,581 |
| 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 | $1,600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $32,284 |
| Other expenses | $40,599 |
| Total expenses | $94,013 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,760 |
| Other assets | $0 |
| Total assets | $62,760 |
| Total liabilities | $0 |
| Net assets or fund balances | $62,760 |