Gamma Phi Beta Sorority Inc
- Assets
- $45.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairfax, VA
- Founding
- 02/1959
- Data as of
- 07/2022
- EIN
- 54-1533292
Organization Overview
Gamma Phi Beta Sorority Inc is located in Fairfax, VA. 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 07/2022, Gamma Phi Beta Sorority Inc generated $53.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (15.4%) each year. All expenses for the organization totaled $53.5k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (13.1%) per year over the past 5 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
PROVIDE FINANCIAL SUPPORT AND VOLUNTEERS FOR A LOCAL CHAPTER OF GIRLS ON THE RUN, SUPPORT LOCAL WOMEN AND CHILDRENS SHELTERS, AND FACILITATE THE GROWTH AND SUPPORT OF MEMBERS OF THIS CHAPTER
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elena Langsam Real Wellnes | 0 | $0 | |
Grace Leitner Admininstrat | 0 | $0 | |
Lydia Sherman Asst Financi | 0 | $0 | |
Michelle Marroquin Membership V | 0 | $0 | |
Jillian Brooks Education VP | 0 | $0 | |
Emmaline Dicarlo Pace Chair | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $53,203 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $248 |
| Other Revenue | $0 |
| Total Revenue | $53,451 |
| 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 | $240 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $52,955 |
| Total expenses | $53,481 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,848 |
| Other assets | $0 |
| Total assets | $45,848 |
| Total liabilities | $0 |
| Net assets or fund balances | $45,848 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pi Kappa Phi Properties Inc Charlotte, NC | $36,157,884 | $10,688,194 |
Sigma Phi Epsilon Fraternity Inc Richmond, VA | $54,140,029 | $10,282,777 |
Alpha Omicron Pi Fraternity Inc Brentwood, TN | $57,425,535 | $8,065,959 |
Phi Beta Kappa Society Washington, DC | $4,794,114 | $5,810,818 |
Zeta Phi Beta Sorority Inc Washington, DC | $20,915,125 | $7,582,963 |
Phi Sigma Sigma National Housing Corporation Eldersburg, MD | $5,105,404 | $4,513,250 |
Phi Beta Sigma Fraternity Inc Washington, DC | $7,959,473 | $5,690,900 |
Nautilus Management Inc Memphis, TN | $16,834,211 | $2,172,564 |
The Tau Beta Pi Association Inc Knoxville, TN | $43,758,884 | $4,633,459 |
Phi Gamma Delta Educational Foundation Lexington, KY | $23,695,128 | $3,021,786 |
Sigma Nu Educational Foundation Inc Lexington, VA | $16,834,611 | $2,302,992 |
Pi Kappa Phi Foundation Charlotte, NC | $14,162,556 | $2,105,535 |