Gamma Phi Beta Sorority Inc, operating under the name Eta Beta Chapter, is located in Lakeland, FL. 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. Eta Beta Chapter is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 07/2024, Eta Beta Chapter generated $72.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $67.8k during the year ending 07/2024. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. 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
PROVIDED MEALS, HOUSING AND SOCIAL PROGRAMS FOR THE LOCAL SOCIAL FRATERNITY MEMBERS - TOTAL OF 53 MEMBERS FOR THE YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Peyton Hanser Financial VP | 0 | $0 | |
Natalie Garrison Membership V | 0 | $0 | |
Cara Ostrowski Panhellenic | 0 | $0 | |
Beatrice Fleurant Public Relat | 0 | $0 | |
Caroline Bryant Public Relat | 0 | $0 | |
Saige Murphy Education VP | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $72,266 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $72,266 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $3,915 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $63,706 |
Total expenses | $67,825 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $113,081 |
Other assets | $0 |
Total assets | $113,081 |
Total liabilities | $0 |
Net assets or fund balances | $113,081 |