Gamma Phi Beta Sorority Inc
- Assets
- $76.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Evanston, IL
- Founding
- 10/1959
- Data as of
- 07/2020
- EIN
- 36-6118241
Organization Overview
Gamma Phi Beta Sorority Inc is located in Evanston, IL. 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 07/2020, Gamma Phi Beta Sorority Inc generated $50.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $59.0k during the year ending 07/2020. As we would expect to see with falling revenues, expenses have declined by (10.7%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
ACTIVITIES TO PROMOTE CULTURAL, SOCIAL AND EDUCATIONAL GROWTH OF MEMBERS. MEMBER = 79
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Jong President | 10 | $0 | |
Anatolia Syed Admin. Vice | 10 | $0 | |
Lily Mcclain Financial VP | 10 | $0 | |
Natalie Chun Education VP | 10 | $0 | |
Shani Katz Membership V | 10 | $0 | |
Ruth Olson Panhellenic | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $50,189 |
| Investment income | $193 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,382 |
| Statement of Expenses | |
|---|---|
| Total expenses | $59,014 |
| Balance Sheet | |
|---|---|
| Total assets | $76,355 |
| Total liabilities | $0 |
| Net assets or fund balances | $76,355 |