Delta Beta Sigma National Sorority
- Assets
- $292.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mobile, AL
- Founding
- 05/2014
- Data as of
- 12/2021
- EIN
- 51-0165382
Organization Overview
Delta Beta Sigma National Sorority is located in Mobile, AL. The organization was established in 2014. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delta Beta Sigma National Sorority is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Delta Beta Sigma National Sorority generated $56.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $32.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.4%) per year over the past 7 years. 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 |
|---|---|---|---|
Millicent Shankle Natl Treasurer | 6 | $1,250 | |
Hannah Knies National President | 1 | $1,250 | |
Valerie Davis Natl Secretary | 1 | $1,000 | |
Anna Marie Latham Natl VP Sisterhood | 1 | $600 | |
Dana Taliaferro Natl VP - Philanthropy | 1 | $600 | |
Lauren Kern-Smith Natl Editor In Chief | 1 | $350 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $7,997 |
| Membership dues | $44,172 |
| Investment income | $4,077 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56,246 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,150 |
| Professional fees and other payments to independent contractors | $1,400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,216 |
| Total expenses | $32,566 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $292,709 |
| Other assets | $0 |
| Total assets | $292,709 |
| Total liabilities | $0 |
| Net assets or fund balances | $292,709 |
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