Gamma Phi Beta Sorority Inc
- Assets
- $85.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hamden, CT
- Founding
- 11/1940
- Data as of
- 07/2024
- EIN
- 47-4848142
Organization Overview
Gamma Phi Beta Sorority Inc is located in Hamden, CT. The organization was established in 1940. 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 07/2024, Gamma Phi Beta Sorority Inc generated $97.6k 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 (4.7%) each year. All expenses for the organization totaled $92.0k during the year ending 07/2024. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 4 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDED MEALS, HOUSING AND SOCIAL PROGRAMS FOR THE LOCAL SOCIAL FRATERNITY MEMBERS - TOTAL OF 92 MEMBERS FOR THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katie Mullane Administrati | 0 | $0 | |
Sarah Horner Asst Financi | 0 | $0 | |
Jordan Lai Financial VP | 0 | $0 | |
Ganine Marottolo Membership V | 0 | $0 | |
Emma Beyea Panhellenic | 0 | $0 | |
Ella Isleib President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $378 |
| Total Program Service Revenue | $97,168 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10 |
| Other Revenue | $0 |
| Total Revenue | $97,556 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,187 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $88,377 |
| Total expenses | $92,042 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,667 |
| Other assets | $0 |
| Total assets | $85,667 |
| Total liabilities | $0 |
| Net assets or fund balances | $85,667 |