Gamma Phi Beta Sorority Inc is located in Stillwater, OK. The organization was established in 1940. 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 $931.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $1.1m during the year ending 07/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE MEMBER HOUSING TO FACILITATE EDUCATIONAL, SOCIAL, AND ENVIRONMENTAL LEARNING AT THE OKLAHOMA STATE UNIVERSITY CAMPUS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE MEMBER HOUSING TO FACILITATE EDUCATIONAL, SOCIAL, AND ENVIRONMENTAL LEARNING AT THE OKLAHOMA STATE UNIVERSITY CAMPUS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shelley Pulliam Secretary | OfficerTrustee | 0 | $0 |
Jill Soto President | OfficerTrustee | 0 | $0 |
Vicki Mosier Treasurer | OfficerTrustee | 0 | $0 |
Sallie Hill Vice President | OfficerTrustee | 0 | $0 |
Lindsay Goodson Member | Trustee | 0 | $0 |
Denise Griffin Member | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $58,500 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $58,500 |
Total Program Service Revenue | $802,667 |
Investment income | $5,340 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $36,027 |
Net Gain/Loss on Asset Sales | $28,654 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $931,188 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
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 of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $37,365 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,013 |
Fees for services: Management | $13,000 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $26,177 |
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 | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $69,394 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $356,889 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $236,297 |
Insurance | $14,404 |
All other expenses | $46,159 |
Total functional expenses | $1,133,208 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $117,516 |
Savings and temporary cash investments | $483,676 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $95,217 |
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 |
Net Land, buildings, and equipment | $7,435,941 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $10,450 |
Other assets | $0 |
Total assets | $8,142,800 |
Accounts payable and accrued expenses | $1,061 |
Grants payable | $0 |
Deferred revenue | $204,730 |
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 | $5,572,129 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $12,300 |
Total liabilities | $5,790,220 |
Net assets without donor restrictions | $2,352,580 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $8,142,800 |
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Delta Delta Delta Park Street Properties Llc Dallas, TX | $1,524,558 | $6,844,854 |
Epsilon Sigma Alpha International Council Council Fort Collins, CO | $3,554,317 | $5,361,378 |
Educational Foundation Of Alpha Gamma Rho Kansas City, MO | $16,072,489 | $5,767,840 |
Pi Beta Phi Fraterntiy Town Country, MO | $1,016,424 | $3,235,102 |
Alpha Omega Alpha Honor Medical Society Aurora, CO | $27,406,157 | $2,965,525 |
Tri Delta Housing Inc Dallas, TX | $3,409,218 | $1,400,485 |
Delta Kappa Gamma Society Austin, TX | $10,208,781 | $2,395,824 |
Zeta Beta Tau Fraternity Dallas, TX | $286,134 | $1,671,786 |
Alpha Phi Omega National Service Fraternity Kansas City, MO | $10,346,073 | $1,755,361 |
Delta Delta Delta Fraternity Delta Iota House Corp Fayetteville, AR | $15,926,703 | $1,714,935 |