Gamma Phi Beta Soroity Inc is located in Harrisonburg, VA. The organization was established in 1940. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Gamma Phi Beta Soroity Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 07/2023, Gamma Phi Beta Soroity Inc generated $182.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $201.9k during the year ending 07/2023. While expenses have increased by 2.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
OPERATE A LOCAL COLLEGIATE CHAPTER OF A NATIONAL COLLEGE SORORITY ORGANIZATION TO FURTHER EDUCATIONAL AND SOCIAL INTERESTS WITHIN THE JAMES MADISON UNIVERSITY CAMPUS, ABOUT 169 MEMBERS FOR THE YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Haley Vcveigh President | 0 | $0 | |
Madison Wardell Administrati | 0 | $0 | |
Abigail Alexander Educational | 0 | $0 | |
Katelyn Curcio Financial VP | 0 | $0 | |
Elena Schlegel Membership V | 0 | $0 | |
Mary Camion Panhellenic | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $178,646 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $3,868 |
Other Revenue | $0 |
Total Revenue | $182,514 |
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 | $10,113 |
Occupancy, rent, utilities, and maintenance | $23,000 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $168,696 |
Total expenses | $201,909 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $78,841 |
Other assets | $0 |
Total assets | $78,841 |
Total liabilities | $0 |
Net assets or fund balances | $78,841 |