Gamma Phi Beta Sorority Inc is located in Iowa City, IA. 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 undefined, Gamma Phi Beta Sorority Inc generated $108.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $108.0k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 8 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
Describe the Organization's Program Activity:
Part 3
OPERATE A LOCAL COLLEGIATE CHAPTER OF A NATIONAL COLLEGE SORORITY TO FURTHER PROMOTE EDUCATIONAL AND SOCIAL INTERESTS WITHIN THE UNIVERSITY OF IOWA CAMPUS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Isabel Dulla Vp- Financia | 1 | $0 | |
Cari Gaffigan President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $117,378 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $108,284 |
Statement of Expenses | |
---|---|
Total expenses | $107,970 |
Balance Sheet | |
---|---|
Total assets | $116,129 |
Total liabilities | $0 |
Net assets or fund balances | $116,129 |