Sigma Gamma Rho Sorority Inc
- Assets
- $173.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 01/1982
- Data as of
- 06/2024
- EIN
- 54-2075191
Organization Overview
Sigma Gamma Rho Sorority Inc is located in Brooklyn, NY. The organization was established in 1982. 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. Sigma Gamma Rho 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 06/2024, Sigma Gamma Rho Sorority Inc generated $83.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $74.1k during the year ending 06/2024. 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
0
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,900 |
| Total Program Service Revenue | $0 |
| Membership dues | $56,426 |
| Investment income | $14 |
| Gain or Loss | $7,832 |
| Net Income from Gaming & Fundraising | $15,651 |
| Other Revenue | $0 |
| Total Revenue | $83,823 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $29,004 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $29,598 |
| Occupancy, rent, utilities, and maintenance | $10,750 |
| Printing, publications, postage, and shipping | $1,241 |
| Other expenses | $0 |
| Total expenses | $74,093 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $173,246 |
| Other assets | $0 |
| Total assets | $173,246 |
| Total liabilities | $9,876 |
| Net assets or fund balances | $163,370 |