Gamma Phi Beta Sorority Inc

Organization Overview

Gamma Phi Beta Sorority Inc is located in Los Angeles, CA. 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. As of 07/2022, Gamma Phi Beta Sorority Inc employed 4 individuals. 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 $998.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $982.6k during the year ending 07/2022. While expenses have increased by 1.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

HOLDING TITLE TO LOCAL CHAPTER OF COLLEGE SORORITY PROVIDING ROOM AND BOARD, MEETING FACILITIES, AND SOCIAL ACTIVITIES FOR MEMBERS ONLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOUSING


EMPLOYMENT/WAGES


KITCHEN


INSURANCE, OPERATING, AND DEPRECIATION EXPENSES


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Board, Officers & Key Employees

Name (title)Compensation
Taylor Chase-Wagniere
President
$0
Ashley Kaplan
Treasurer
$0
Deborah Caldwell
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$998,842
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$998,842
Total Program Service Revenue$0
Investment income $0
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 $998,842

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