Gamma Phi Beta Sorority Inc

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

EIN: 362426170 ✦ Centennial, CO ✦ Designated as a 501(c)(7)

Overview

What is Gamma Phi Beta Sorority Inc?

Gamma Phi Beta Sorority Inc is a non-profit corporation based at 9155 E NICHOLS AVE 330, Centennial, Colorado 80112. With a mission to build confident women of character, the organization celebrates sisterhood and aims to make a difference in the world. Established under Section 501(C) (7) of the Internal Revenue Code, their educational, charitable, and social purposes are overseen by an elected international council. Their primary source of support and revenue comes from membership dues, fees, merchandise sales, and investment income. Although specific details about the charitable and social aspects of their work are not mentioned, their commitment to character development and sisterhood is the driving force behind their mission.


Official website here: www.gammaphibeta.org

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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $513,279
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,014,472

For more financial information, click here


Official website here: www.gammaphibeta.org

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

Gamma Phi Beta Sorority Inc is a non-profit organization with a mission to cultivate self-confident women of strong character. These women celebrate sisterhood and make a positive impact on their surroundings. The sorority, governed by an elected international council, strives to build women who make a difference in the world at large. Its primary source of support and revenue comes from membership dues, fees, merchandise sales, and investment income. The organization's efforts are directed towards empowering women to reach their full potential and create a lasting impact.


Official website here: www.gammaphibeta.org

Who is the CEO of Gamma Phi Beta Sorority Inc?

Karen Mayo is the International President of Gamma Phi Beta Sorority Inc.


Official website here: www.gammaphibeta.org

What is the revenue of Gamma Phi Beta Sorority Inc?

Gamma Phi Beta Sorority Inc's revenue in 2022 was $12,603,697.


Official website here: www.gammaphibeta.org

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 $41,439. There are 61 employees and 1,300 volunteers at Gamma Phi Beta Sorority Inc.

Here are 12 key members and their salaries:

    Megan Wick (Executive Director)
  • Compensation: $205,496
  • Related: $0
  • Other: $7,396

    • Laurie Meili (Chief Financial Officer)
  • Compensation: $158,523
  • Related: $0
  • Other: $188

    • Kathryn Cobb (Chief Legal Officer)
  • Compensation: $134,607
  • Related: $0
  • Other: $7,069

    • Tara Foristal (Chief Marketing Officer)
  • Compensation: $115,878
  • Related: $0
  • Other: $188

    • Lynn Lightell (Director Of Accounting)
  • Compensation: $101,373
  • Related: $0
  • Other: $7,459

    • Autumn Hansen (International President) [Trustee/Director]
  • Compensation: $1,500
  • Related: $0
  • Other: $0

    • Crissy Carlisle (Vice President) [Trustee/Director]
  • Compensation: $1,500
  • Related: $0
  • Other: $0

    • Stephanie Carriere (Vice President) [Trustee/Director]
  • Compensation: $1,500
  • Related: $0
  • Other: $0

    • Kelly Brown Dunne (Vice President) [Trustee/Director]
  • Compensation: $1,500
  • Related: $0
  • Other: $0

    • Dr Judy E Graham (Vice President) [Trustee/Director]
  • Compensation: $1,500
  • Related: $0
  • Other: $0

    • Lillian Lammers (Vice President) [Trustee/Director]
  • Compensation: $1,500
  • Related: $0
  • Other: $0

    • Fran Stevenson (Vice President) [Trustee/Director]
  • Compensation: $1,500
  • Related: $0
  • Other: $0


  • Official website here: www.gammaphibeta.org

    Where can I find the form 990 for Gamma Phi Beta Sorority Inc?

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


    Official website here: www.gammaphibeta.org

    Learn more at the official website: www.gammaphibeta.org

    Mission Statement of Gamma Phi Beta Sorority Inc

    Gamma Phi Beta Sorority Inc, a nonprofit organization founded on educational, charitable, and social purposes, is dedicated to building confident women of character who celebrate sisterhood and make a difference. The sorority, governed by an elected international council, aims to empower its members to positively impact the world around them.

    Through its mission, Gamma Phi Beta Sorority Inc fosters confidence and character in women. Members are encouraged to embrace sisterhood, a bond that transcends personal differences and offers mutual support and encouragement. By engaging in various charitable initiatives, these women make a difference, extending their impact beyond the sorority's ranks.

    The sorority's activities are rooted in the belief that confident women of character can create lasting change in their communities and beyond. Gamma Phi Beta Sorority Inc's members collaborate on projects, combining their unique strengths and skills to address various needs and challenges. The organization's revenue is primarily sourced from membership dues and fees, merchanidise sales to members, and investment income. Despite its financial success, the sorority remains committed to its mission of building confident women and making a difference.

    Impact

    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.




    Thursday, August 15, 2024

    Gamma Phi Beta Sorority Inc's impact lies in its mission to build confident women of character who celebrate sisterhood and make a difference in the world around us. By promoting values of education, leadership, and social responsibility, Gamma Phi Beta Sorority empowers its members to become strong, compassionate leaders in their communities. Through educational programs, philanthropic initiatives, and a strong network of sisterhood, Gamma Phi Beta Sorority creates a supportive environment for women to grow and thrive. This impact is reflected in the lives of its members who go on to make positive contributions to society and embody the values of sisterhood and service.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $496,503
  • Program Service Revenue: $10,899,316
  • Gross Receipts: $14,669,814

    • Assets and Liabilities:
  • Total Assets: $31,209,730
  • Total Liabilities: $11,882,661
  • Net Assets: $19,327,069
  • Programs

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

    MEMBER DUES/ASSESSMENT

    Revenue

    $5,166,019

    MEMBER HOUSE REVENUE

    Revenue

    $4,278,452

    INSURANCE REIMBURSEMEN

    Revenue

    $777,630

    CONFERENCE REVENUE

    Revenue

    $560,854

    SERVICE FEES

    Revenue

    $116,361

    Organization Details

    Founding Year

    1958

    Principal Officer

    Karen Mayo

    Main Address

    9155 E NICHOLS AVE 330, CENTENNIAL, CO, 80112

    NTEE Category

    Code: B83 - Education

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