Phi Rho Sigma Medical Society
- Assets
- $52.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Iowa City, IA
- Founding
- 08/1966
- Data as of
- 12/2022
- EIN
- 42-0467580
Organization Overview
Phi Rho Sigma Medical Society is located in Iowa City, IA. The organization was established in 1966. 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 Rho Sigma Medical Society is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Phi Rho Sigma Medical Society generated $148.0k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $148.4k during the year ending 12/2022. While expenses have increased by 1.7% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Kammermeyer Society Chairman | 5 | $0 | |
Tracy Chen President | 10 | $0 | |
Nathan Walton Co-House Manager | 5 | $0 | |
Brooke Byars Co-House Manager | 5 | $0 | |
Ashray Mohan Senior Treasurer | 10 | $0 | |
Riley Filister Junior Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $147,808 |
| Membership dues | $200 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $148,008 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $84,523 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $39,847 |
| Total expenses | $148,370 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,504 |
| Other assets | $0 |
| Total assets | $52,504 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,504 |