Gamma Phi Beta Sorority Inc
- Assets
- $3.1m
- Revenue
- $770.4k
- Investments
- $1.1m
- Employees
- 2
- Location
- Lawrence, KS
- Founding
- 11/1940
- Data as of
- 07/2024
- EIN
- 23-7162509
Organization Overview
Gamma Phi Beta Sorority Inc is located in Lawrence, 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. As of 07/2024, Gamma Phi Beta Sorority Inc employed 2 individuals. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
AS A COLLEGE CAMPUS SORORITY, WE BUILD CONFIDENT WOMEN OF CHARACTER WHO CELEBRATE SISTERHOOD AND MAKE A DIFFERENCE IN THE WORLD AROUND US. OUR VISION IS TO INSPIRE THE HIGHEST TYPE OF WOMANHOOD. OUR GUIDING PRINCIPLES ARE: WE PROMOTE LIFELONG COMMITMENT, INTELLECTUAL AND PERSONAL GROWTH AND SERVICE TO HUMANITY. WE PERPETUATE OUR HERITAGE AS WE COMMIT TO THE GROWTH OF OUR SORORITY. WE FOSTER ENDURING FRIENDSHIPS. WE ADVOCATE ETHICAL BEHAVIOR, RESPECT, AUTHENTICITY, ACCOUNTABILITY AND INTEGRITY. WE ASPIRE TO EXCELLENCE IN ALL THAT WE DO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GAMMA PHI BETA SORORITY HAD FIVE MEMBERS OF THE AHC BOARD, ELIZABETH BICKLEY, NANCY KUEHLER, CINDY PENZLER, SALLY BECK, AND ELIZABETH SCHEIB, ATTEND THE GAMMA PHI BETA INTERNATIONAL 150TH BI-ANNUAL MEETING HELD IN CHICAGO, IL WHERE WE RECEIVED THE DISTINCTION OF RECEIVING AFFILIATED HOUSE CORPORATION OVERALL EXCELLENCE AWARD AND AFFILIATED HOUSE CORPORATION/COLLEGIATE CHAPTER RELATIONS EXCELLENCE DUE TO OUTSTANDING FACILITY MANAGEMENT AND COMMITMENT TO THE ONGOING EXCELLENCE OF OUR COLLEGIATE CHAPTER. GAMMA PHI BETA SUCCESSFULLY WRAPPED UP OUR 81ST CONVENTION IN CHICAGO, ILLINOIS, WHERE WE CELEBRATED A MOMENTOUS MILESTONE: OUR 150TH ANNIVERSARY. IT WAS AN INCREDIBLY EMPOWERING WEEK FILLED WITH SISTERS ACROSS GENERATIONS CELEBRATING OUR TRUE AND CONSTANT SISTERHOOD, CONDUCTING CRITICAL SORORITY BUSINESS AND CREATING NEW MEMORIES TO LAST A LIFETIME. WE ALSO HAD 5 COLLEGIATE MEMBERS ATTEND CONVENTION: KATE HIMMELBERG (PRESIDENT); SOPHIA HUDSON (EVP); LEAH HOLTON (FVP), MEGAN CHILDERS, MAREN RAPP.
THE AHC CONTINUES TO INVEST OVER $100,000 EACH SUMMER TO ENHANCE THE FACILITY IN ORDER TO PROVIDE A COMFORTABLE, SAFE, AND WELCOMING HOME TO OUR ACTIVE CHAPTER MEMBERS. WE CURRENTLY MAINTAIN A MEMBERSHIP BASE OF 280+ COLLEGIATE MEMBERS AND JUST PLEDGED 97 NEW MEMBERS WHO WILL BE INITIATED IN OCTOBER, 2024. CURRENTLY OUR FACILITY IS HOUSING 75 MEMBERS WHILE THE REMAINDER OF THE MEMBERS LIVE OUTSIDE OF THE CHAPTER IN DORMS AND APARTMENTS.
GAMMA PHI BETA SORORITY'S ACTIVE CHAPTER RECEIVED KU PANHELLENIC'S DISTINGUISHED "CHAPTER OF THE YEAR" AWARD FOR ALL COLLEGIATE CHAPTERS DUE TO EXCELLENCE IN THE FOLLOWING CATEGORIES: PERSONAL AND PROFESSIONAL DEVELOPMENT, ACADEMIC ACHIEVEMENT, HOLISTIC WELLNESS, DIVERSITY AND INCLUSION, AND CIVIC AND COMMUNITY ENGAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Bickley President | OfficerTrustee | 17.94 | $0 |
Nancy Kuehler Vice President | OfficerTrustee | 3.81 | $0 |
Allison Mazzei Secretary | OfficerTrustee | 1.08 | $0 |
Kelly Simari Treasurer | OfficerTrustee | 8.65 | $0 |
Molly Haase Member At Large | Trustee | 0.79 | $0 |
Brenda Harden Property Manager | Trustee | 2.4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fine Thyme Food Llc Food Service | 7/30/20 | $161,042 |
P1 Group Inc Repair & Maintenance | 7/30/20 | $224,930 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $167,058 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,790 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $172,848 |
| Total Program Service Revenue | $0 |
| Investment income | $47,420 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $544,322 |
| Net Gain/Loss on Asset Sales | $3,259 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $770,414 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,000 |
| 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 | $47,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,748 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,520 |
| Fees for services: Accounting | $11,380 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $116,337 |
| Advertising and promotion | $48,095 |
| Office expenses | $23,468 |
| Information technology | $11,060 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,539 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,727 |
| Interest | $92 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $97,305 |
| Insurance | $7,833 |
| All other expenses | $0 |
| Total functional expenses | $622,422 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $156,900 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,781 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,849,430 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,093,151 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,110,262 |
| Accounts payable and accrued expenses | $32,325 |
| Grants payable | $0 |
| Deferred revenue | $290,943 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $101,891 |
| Total liabilities | $425,159 |
| Net assets without donor restrictions | $0 |
| 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 | $2,685,103 |
| Total liabilities and net assets/fund balances | $3,110,262 |