Gamma Phi Beta Sorority Inc is located in Rochester, MI. 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 $64.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $46.3k during the year ending 07/2020. As we would expect to see with falling revenues, expenses have declined by (15.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Statement of Revenue | |
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Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $56,814 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $7,217 |
Other Revenue | $0 |
Total Revenue | $64,031 |
Statement of Expenses | |
---|---|
Total expenses | $46,260 |
Balance Sheet | |
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Total assets | $450 |
Total liabilities | $0 |
Net assets or fund balances | $450 |