Gamma Phi Beta Sorority Inc
- Assets
- $28.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kearney, NE
- Founding
- 11/1940
- Data as of
- 07/2022
- EIN
- 47-6044940
Organization Overview
Gamma Phi Beta Sorority Inc is located in Kearney, NE. The organization was established in 1940. 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 07/2022, Gamma Phi Beta Sorority Inc generated $54.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $59.9k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE LASTING & ENDURING FRIENDSHIPS, TO FOSTER HIGHER STANDARDS OF INTELLECTUAL & ETHICAL BEHAVIOR, TO PROMOTE EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brooke Benck President | 0 | $0 | |
Emily Hall Treasurer | 0 | $0 | |
Daylee Dey Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,101 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,101 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $21,015 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,846 |
| Total expenses | $59,861 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,753 |
| Other assets | $0 |
| Total assets | $28,753 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,753 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pi Beta Phi Fraternity Town Country, MO | $45,635,121 | $9,219,516 |
Epsilon Sigma Alpha International Council Council Fort Collins, CO | $3,554,317 | $5,361,378 |
Educational Foundation Of Alpha Gamma Rho Kansas City, MO | $16,072,489 | $5,767,840 |
Alumni Association University Of Nebraska Lincoln, NE | $18,158,198 | $3,537,579 |
Pi Beta Phi Fraterntiy Town Country, MO | $1,016,424 | $3,235,102 |
Alpha Omega Alpha Honor Medical Society Aurora, CO | $27,406,157 | $2,965,525 |
Alpha Phi Omega National Service Fraternity Kansas City, MO | $10,346,073 | $1,755,361 |
Beta Theta Pi Fraternity Columbia, MO | $104,874 | $1,401,653 |
Beta Gamma Sigma Inc Saint Louis, MO | $4,230,139 | $2,194,158 |
Pi Beta Phi Fraternity Town Country, MO | $567,051 | $1,543,595 |
Farm House Fraternity Inc Kansas City, MO | $1,277,925 | $1,565,559 |
Pi Beta Phi Fraternity Town Country, MO | $791,164 | $1,622,264 |