The National Fraternity Of Phi Gamma Nu
- Assets
- $255.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Buffalo Grove, IL
- Founding
- 09/1982
- Data as of
- 07/2022
- EIN
- 36-2372971
Organization Overview
The National Fraternity Of Phi Gamma Nu is located in Buffalo Grove, IL. The organization was established in 1982. 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 parent organization of an affiliated group for tax-exemption purposes. National Fraternity Of Phi Gamma Nu is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 07/2022, National Fraternity Of Phi Gamma Nu generated $186.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $105.1k during the year ending 07/2022. While expenses have increased by 13.7% 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
OVER 50 ELECTED REPRESENTATIVES FROM ALL CHAPTER CONVENED VIRTUALLY FOR NATIONAL COUNCIL ELECTIONS PROFESSIONAL DEVELOPMENT SEMINARS TEAM BUILDING LEADERSHIP SKILL DEVELOPMENT AND SOCIAL NETWORKING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Acker Executive Director | 15 | $24,916 | |
Emma Burd VP Expansion | 5 | $0 | |
Alex Hepp VP External | 5 | $0 | |
Dustin Liu VP Chapter Engagement | 5 | $0 | |
Alex Swanson VP Chapter Success | 5 | $0 | |
Daniel Pannone VP Finance | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $186,662 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $186,662 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,225 |
| Professional fees and other payments to independent contractors | $6,874 |
| Occupancy, rent, utilities, and maintenance | $1,073 |
| Printing, publications, postage, and shipping | $252 |
| Other expenses | $70,694 |
| Total expenses | $105,118 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $246,415 |
| Other assets | $0 |
| Total assets | $255,183 |
| Total liabilities | $355 |
| Net assets or fund balances | $254,828 |
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