Gamma Phi Beta Sorority Inc

Beta Rho House Corporation Of Gamma Phi Beta

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 840439640 ✦ Boulder, CO ✦ Designated as a 501(c)(7)

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Overview

What is Gamma Phi Beta Sorority Inc?

Gamma Phi Beta Sorority Inc is a nonprofit organization located in Boulder, Colorado, with an address at 935 16th Street. The primary function of this organization, known as Beta Rho House Corporation of Gamma Phi Beta, is to provide housing for University of Colorado (at Boulder) students who are members of Gamma Phi Beta sorority. This housing not only serves as a residence for the members but also as a venue for meetings, social events, and community activities associated with the sorority. The organization has around 300 members, with approximately 58-62 members residing in the house during the academic year. The living arrangement for these members includes room, board, and dues, which cover student housing, meals, and meeting facilities. The Beta Rho House Corporation of Gamma Phi Beta is managed by a team of three employees, ensuring the smooth operation of this housing facility and associated events.

Is Gamma Phi Beta Sorority Inc legitimate?

Gamma Phi Beta Sorority Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Gamma Phi Beta Sorority Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $4,163
Professional Fundraising Fees: $0
Other Salaries and Wages: $158,632

For more financial information, click here

What is the mission statement of Gamma Phi Beta Sorority Inc?

Gamma Phi Beta Sorority Inc does not explicitly provide a mission statement in the given information. However, through its activities, the organization's Beta Rho House Corporation aims to offer housing and facilities for its members at the University of Colorado (at Boulder). This housing serves as a venue for meetings, social events, and community activities for the Gamma Phi Beta sorority. The primary purpose is to provide a conducive living environment for its approximately 300 members, ranging from 58-62 years old. The corporation does not seem to have a broader mission statement beyond this housing and event facilitation role.

Who is the CEO of Gamma Phi Beta Sorority Inc?

Shannan Reese is the President of Gamma Phi Beta Sorority Inc.

What is the revenue of Gamma Phi Beta Sorority Inc?

Gamma Phi Beta Sorority Inc's revenue in 2022 was $921,383.

Who are the executives of Gamma Phi Beta Sorority Inc and what are their salaries?

The average compensation at Gamma Phi Beta Sorority Inc during 2022 was $54,265. There are 3 employees and 9 volunteers at Gamma Phi Beta Sorority Inc.


Here are 2 key members and their salaries:


Susan Sieber (Treasurer)
  • Compensation: $4,138
  • Related: $0
  • Other: $0
Shannan Reese (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Gamma Phi Beta Sorority Inc?

Gamma Phi Beta Sorority Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Gamma Phi Beta Sorority Inc

Gamma Phi Beta Sorority Inc, through its Beta Rho House Corporation, plays a significant role in the lives of University of Colorado (at Boulder) students who are members of this sorority. Its primary mission is to offer housing facilities to these students, serving not only as a residence but also as a space for hosting meetings, social gatherings, and community events. This housing arrangement includes room, board, and dues, ensuring a comfortable living environment for the approximately 300 members. The members living in the house typically range between 58-62 individuals, fostering a sense of community within the sorority.

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Impact




October, 2024

Gamma Phi Beta Sorority Inc significantly impacts its community by providing a supportive and nurturing environment for female students at the University of Colorado in Boulder. The Beta Rho House Corporation facilitates essential services, including housing, meals, and meeting spaces for approximately 300 members. With 58 to 62 members residing in the house at any given time, the sorority fosters strong bonds and friendships among its members.

Beyond housing, the facility serves as a hub for sorority meetings, social gatherings, and community events, helping to create a vibrant and engaged campus life. This collective experience empowers members with leadership skills, personal development opportunities, and a sense of belonging, contributing to their overall education and growth. Through these initiatives, Gamma Phi Beta Sorority Inc plays a crucial role in enhancing the collegiate experience for its members and positively impacting the greater campus community.




This information is meant to be a general summary of Gamma Phi Beta Sorority Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$921,383 (2022)
Expenses
$832,383 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $254
  • Program Service Revenue: $921,129
  • Gross Receipts: $921,383

Assets and Liabilities:

  • Total Assets: $1,152,934
  • Total Liabilities: $32,665
  • Net Assets: $1,120,269

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Facility services (room, board, meals)

Revenue

$921,129

Organization Details

Founding Year

1954

Principal Officer

Shannan Reese

Main Address

935 16th Street, Boulder, CO, 80302

NTEE Category

Code: B83 - Education

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