Gamma Phi Beta Sorority
- Assets
- $163.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Collins, CO
- Founding
- 11/1940
- Data as of
- 07/2022
- EIN
- 84-1109923
Organization Overview
Gamma Phi Beta Sorority is located in Fort Collins, CO. 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 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 generated $162.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $139.1k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 6 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
PROVIDINGACTIVITIESFORSOCIAL,CULTURALANDEDUCATIONALGROWTHINCOLLEGEAGEDMEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jordyn Boston President | 2 | $0 | |
Sydney Johnson Financial Vice President | 5 | $0 | |
Lauren Case Vice President | 2 | $0 | |
Reagan Wilbanks Education Vice President | 2 | $0 | |
Ciana Smyth Pr Vice President | 2 | $0 | |
Clare Publicover Membership Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,127 |
| Total Program Service Revenue | $0 |
| Membership dues | $160,367 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $162,494 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $131,394 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,833 |
| Other expenses | $0 |
| Total expenses | $139,124 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $163,456 |
| Other assets | $0 |
| Total assets | $163,456 |
| Total liabilities | $0 |
| Net assets or fund balances | $163,456 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Epsilon Sigma Alpha International Council Council Fort Collins, CO | $3,554,317 | $5,361,378 |
Alumni Association University Of Nebraska Lincoln, NE | $18,158,198 | $3,537,579 |
Alpha Omega Alpha Honor Medical Society Aurora, CO | $27,406,157 | $2,965,525 |
Alpha Gamma Delta Fraternity Oklahoma City, OK | $190,635 | $1,255,527 |
Gamma Phi Beta Sorority Inc Boulder, CO | $72,769 | $1,306,998 |
Gamma Phi Beta Sorority Inc Stillwater, OK | $8,142,800 | $931,188 |
Building Association Of The Epsilon Alpha Chapt Chi Omega Fraternity Edmond, OK | $7,519,484 | $1,501,676 |
Gamma Phi Beta Sorority Inc Tucson, AZ | $2,331,775 | $1,120,697 |
Chi Omega House Corp Tucson, AZ | $2,622,204 | $1,280,098 |
Sigma Phi Epsilon Foundation In Nebraska Inc Lincoln, NE | $4,553,934 | $970,576 |
Kappa Kappa Psi Fraternity Stillwater, OK | $1,821,222 | $821,244 |
Sigma Nu Fraternity Longmont, CO | $2,662,782 | $1,365,916 |