Delta Sigma Theta Sorority Inc
- Assets
- $596.4k
- Revenue
- $239.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Huntsville, AL
- Founding
- 04/1968
- Data as of
- 06/2021
- EIN
- 63-6066484
Organization Overview
Delta Sigma Theta Sorority Inc is located in Huntsville, AL. The organization was established in 1968. 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. Delta Sigma Theta 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 06/2021, Delta Sigma Theta Sorority Inc generated $239.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $82.5k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATION WITH EMPHASIS ON COMMUNITY INVOLVEMENT AND SCHOLARSHIP
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MAJOR PROGRAMS OF THE SORORITY ARE BASED ON THE ORGANIZATION'S FIVE POINT THRUST 1.ECONOMIC DEVELOPMENT 2.EDUCATIONAL DEVELOPMENT 3.INTERNATIONAL AWARENESS AND INVOLVEMENT 4.PHYSICAL AND MENTAL HEALTH 5.POLITICAL AWARENESS AND INVOLVEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ovetta Hobson President | OfficerTrustee | 20 | $0 |
Tonita Phipps 1st Vice President | OfficerTrustee | 10 | $0 |
Sheila Nash Stevenson Recording Secretary | OfficerTrustee | 1 | $0 |
Rashanda Kennamore Corresponding Secretary | OfficerTrustee | 1 | $0 |
Jerita Crummie Financial Secretary | OfficerTrustee | 5 | $0 |
Jenise Bradshaw Treasurer | OfficerTrustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $218,398 |
| Investment income | $3,556 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $239,597 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $15,250 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $328 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,564 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,380 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,070 |
| All other expenses | $0 |
| Total functional expenses | $82,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $547,784 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $48,626 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $596,410 |
| Accounts payable and accrued expenses | $435 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $435 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $595,975 |