Phi Gamma Delta Fraternity is located in Akron, OH. 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. Phi Gamma Delta Fraternity is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 08/2022, Phi Gamma Delta Fraternity generated $84.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $81.6k during the year ending 08/2022. While expenses have increased by 5.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE FRATERNITY HOUSING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tony Gerak Vice-President | 2 | $0 | |
Norm Clark Treasurer | 3 | $0 | |
John O'neill President | 2 | $0 | |
Mark Kelley Special Projects | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $20,608 |
Total Program Service Revenue | $63,680 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $84,288 |
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 | $54,606 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $26,970 |
Total expenses | $81,576 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $81,086 |
Other assets | $0 |
Total assets | $387,886 |
Total liabilities | $0 |
Net assets or fund balances | $387,886 |
Over the last fiscal year, we have identified 1 grants that Phi Gamma Delta Fraternity has recieved totaling $6,541.
Awarding Organization | Amount |
---|---|
Phi Gamma Delta Educational Foundation Lexington, KY PURPOSE: ASSISTANCE FOR MEMBERS OR RELATED ORGANIZATIONS | $6,541 |
Organization Name | Assets | Revenue |
---|---|---|
Beta Theta Pi Fraternity Oxford, OH | $3,680,117 | $8,942,106 |
Alpha Xi Delta Fraternity Indianapolis, IN | $11,173,738 | $8,227,558 |
Esponda Associates Inc Indianapolis, IN | $35,625,730 | $7,839,159 |
Beta Theta Pi Fraternity Oxford, OH | $10,733,585 | $6,268,729 |
Alpha Gamma Delta Fraternity Indianapolis, IN | $13,038,202 | $5,499,858 |
Delta Gamma Foundation Columbus, OH | $43,080,592 | $13,458,880 |
Alpha Chi Omega Foundation Inc Indianapolis, IN | $28,935,274 | $7,451,164 |
Sigma Tau Gamma Fraternity Indianapolis, IN | $5,058,507 | $3,953,336 |
Delta Tau Delta Educational Foundation Inc Fishers, IN | $27,163,598 | $7,019,094 |
Alpha Sigma Phi Fraternity Inc Carmel, IN | $4,417,023 | $3,578,190 |
Richmond Property Group Ltd Indianapolis, IN | $27,750,177 | $3,183,592 |
Alpha Kappa Psi Fraternity Noblesville, IN | $11,674,776 | $3,757,716 |