Gamma Phi Beta Sorority Inc is located in Tacoma, WA. 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 07/2018, Gamma Phi Beta Sorority Inc generated $62.0k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $57.6k during the year ending 07/2018. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 3 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
2018
Describe the Organization's Program Activity:
Part 3
TO OPERATE A LOCAL COLLEGIATE CHAPTER OF A NATIONAL COLLEGE SORORITY ORGANIZATION TO FURTHER EDUCATIONAL AND SOCIAL INTERESTS WITHIN THE UNIVERSITY OF PUGET SOUND CAMPUS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nova Clark President | 1 | $0 | |
Emma Schintz Vp-Admin | 1 | $0 | |
Avery Closser Vp-Education | 1 | $0 | |
Katrina Hoefflinger Vp-Finance | 1 | $0 | |
Adeline Toevs Vp-Memberships | 1 | $0 | |
Samantha Inouye Panhellenic Aff | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $61,900 |
| Membership dues | $0 |
| Investment income | $63 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,963 |
| 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 | $475 |
| Occupancy, rent, utilities, and maintenance | $4,758 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $52,325 |
| Total expenses | $57,558 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,707 |
| Other assets | $0 |
| Total assets | $21,707 |
| Total liabilities | $650 |
| Net assets or fund balances | $21,057 |