Epsilon Lambda of Gamma Phi Beta House Organization

Not tax-deductible

Tuscaloosa, AL501(c)(7)Since 1989EIN 63-1004292Revenue $3.2M in FY2025

On file with the IRS1130 University Blvd Ste B9 Pmb 10, 35401-0328 · Tuscaloosa, ALTax-exempt since Nov 1940

This page gets seen. Tell your story. Claim this org.

To provide, maintain, and manage sorority chapter housing for the Epsilon Lambda chapter of Gamma Phi Beta sorority at the university of alabama

Mission: Form 990 Part I, line 1

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $207K a year · 7% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Cash reserves
11 mo
of spending, in cash
Looks good: 11.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$9.2M
65% of total assets
Fine: liabilities are 65% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.2M
+5% vs prior year
Spent
$2.6M
Net assets
$4.9M
By yearFY2021–FY2025
Revenue
$3.2M
FY2025▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2021$2.0M
FY2022$2.8M
FY2023$2.9M
FY2024$3.1M
FY2025$3.2M
Expenses
$2.6M
FY2025▼ -15%
Tap a bar for its year
Expenses by fiscal year
FY2021$2.3M
FY2022$2.3M
FY2023$2.8M
FY2024$3.0M
FY2025$2.6M
Net assets
$4.9M
FY2025▲ +17%
Tap a bar for its year
Net assets by fiscal year
FY2021$3.9M
FY2022$4.3M
FY2023$4.1M
FY2024$4.2M
FY2025$4.9M

From the FY2025 Form 990 (year ending July 2025) · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1940.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

15 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Vice President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Incoming President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Epsilon Lambda of Gamma Phi Beta House Organization executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides, maintains, and manages housing for a sorority chapter at the University of Alabama.

Questions for Epsilon Lambda of Gamma Phi Beta House Organization

Tap to ask. Epsilon Lambda of Gamma Phi Beta House Organization sees how many people are interested.

Your first name shows with your question. Epsilon Lambda of Gamma Phi Beta House Organization answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · in their own filed words · FY2024
01

Provided meals and housing for members of undergraduate chapter of a national collegiate social sorority while also providing a means for undergraduate and alumni members to interact

Pt IX · col B

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$3.2M
Ln 12
Fees for servicesLn 2g$3.1M
Investment incomeLn 3$142K
Money outPt IX
$2.6M
Ln 25
Owns and owesPt X
$4.9M
net assets · Ln 32
Cash and savingsLn 1–2$2.4M
Total assetsLn 16$14.2M
LiabilitiesLn 26$9.2M
PeoplePt VI, VII
15
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$3.1M
Investment incomeLn 3$142K
Gains on assetsLn 7$22K
Total revenueLn 12$3.2M
Assets in detailPt X, end of year
SavingsLn 2$2.4M
Cash and savings togetherLn 1–2$2.4M
InvestmentsLn 11–13$2.5M
Land, buildings, equipmentLn 10c$8.9M
Other assetsLn 15$1K
Total assetsLn 16$14.2M
LiabilitiesLn 26$9.2M
Net assetsLn 32$4.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJuly
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.3M$2.4M
InvestmentsLn 11–13$2.3M$2.5M
Land, buildings, equipmentLn 10c$9.2M$8.9M
Total assetsLn 16$13.4M$14.2M
LiabilitiesLn 26$9.2M$9.2M
Net assetsLn 32$4.2M$4.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$76K
Other salaries and wagesLn 7$10K
Other employee benefitsLn 9$294
Payroll taxesLn 10$5K
Accounting feesLn 11c$80K
Investment management feesLn 11f$27K
Other fees for servicesLn 11g$466K
Advertising and promotionLn 12$4K
Office expensesLn 13$10K
OccupancyLn 16$602K
TravelLn 17$6K
InterestLn 20$497K
Depreciation, depletion and amortizationLn 22$500K
Other expenses (24a–d)Ln 24$317K
Total functional expensesLn 25$2.6M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $3.2M$2.6M$625K$4.9M 990 PDF
FY2024 $3.1M$3.0M$13K$4.2M 990 PDF
FY2023 $2.9M$2.8M$114K$4.1M 990 PDF
FY2022 $2.8M$2.3M$580K$4.3M 990 PDF
FY2021 $2.0M$2.3M−$297K$3.9M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $3,223,732 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $3,053,731$3,082,034
I-10 Investment incomePrior year $4,824$141,698
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $3,058,555$3,223,732
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $74,622$90,777
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,970,688$2,507,911
I-18 Total expensesPrior year $3,045,310$2,598,688
I-19 Revenue less expensesPrior year $13,245$625,044
Part VI · Governance 13 of 13 board members independent, 3 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $3,223,732 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,082,034$3,082,034
VIII-3 Investment incomeUnrelated business $119,699$119,699
VIII-7 Net gain or loss on sales of assetsUnrelated business $21,999$21,999
VIII-12 Total revenueRelated to mission $3,082,034 · Unrelated business $141,698 · Excluded from tax $0$3,223,732
Part IX · Statement of functional expenses $2,598,688 across 14 lines filed
IX-5 Pay of current officers, directors and key staff$75,973
IX-7 Other salaries and wages$9,840
IX-9 Other employee benefits$294
IX-10 Payroll taxes$4,670
IX-11c Accounting fees$79,608
IX-11f Investment management fees$26,879
IX-11g Other fees for services$465,882
IX-12 Advertising and promotion$4,022
IX-13 Office expenses$9,801
IX-16 Occupancy$601,728
IX-17 Travel$6,158
IX-20 Interest$497,287
IX-22 Depreciation, depletion and amortization$500,003
IX-24 Other expenses (24a–d)$316,543
IX-25 Total functional expenses$2,598,688
Part X · Balance sheet $14,161,407 assets, 12 lines filed
X-2 Savings and temporary cash investmentsStart of year $1,317,689$2,440,096
X-4 Accounts receivableStart of year $610,032$356,241
X-10c Land, buildings and equipment, netStart of year $9,153,204$8,855,900
X-11 Publicly traded securitiesStart of year $2,337,494$2,507,724
X-15 Other assetsStart of year $1,446$1,446
X-16 Total assetsStart of year $13,419,865$14,161,407
X-17 Accounts payable and accrued expenses$127,054
X-19 Deferred revenueStart of year $10,114$142,357
X-25 Other liabilitiesStart of year $26,000$40,980
X-26 Total liabilitiesStart of year $9,189,949$9,216,831
X-32 Total net assets or fund balancesStart of year $4,229,916$4,944,576
X-33 Total liabilities and net assetsStart of year $13,419,865$14,161,407
Part XI · Reconciliation of net assets $4,944,576 net assets at year end
XI-1 Total revenue$3,223,732
XI-2 Total expenses$2,598,688
XI-3 Revenue less expenses$625,044
XI-4 Net assets at start of year$4,229,916
XI-5 Net unrealized gains (losses) on investments$89,616
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,944,576

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.