Civic Intelligence

Gamma Beta Foundation

990 • Fiscal year 2024 • EIN 36-6065478

Jan 01, 2024 to Dec 31, 2024 • Filed on May 09, 2025

Organization ProfileN/A
PO Box 101164Chicago, IL 60610

(312) 263-4800

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

25th percentile

-11%

Higher net margin than 25% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

60th percentile

7.7%

Faster asset growth than 60% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

60th percentile

11%

Faster revenue growth than 60% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$405,013

Up $29,036 (+7.7%) from 2023

Net Assets

Up

$405,013

Up $29,036 (+7.7%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin25th percentile

Revenue

Up

$85,394

Up $8,699 (+11%) from 2023

Expenses

Up

$95,130

Up $24,935 (+36%) from 2023

Net Income

Down

-$9,736

Down $16,236 (-250%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2017: $149,653Net Assets 2017: $149,6532017Assets 2018: $155,418Net Assets 2018: $155,4182018Assets 2019: $176,731Net Assets 2019: $176,7312019Assets 2020: $193,448Liabilities 2020: $0Net Assets 2020: $193,4482020Assets 2021: $342,921Liabilities 2021: $0Net Assets 2021: $342,9212021Assets 2022: $338,249Liabilities 2022: $0Net Assets 2022: $338,2492022Assets 2023: $375,977Liabilities 2023: $0Net Assets 2023: $375,9772023Assets 2024: $405,013Liabilities 2024: $0Net Assets 2024: $405,0132024

Highlighted filing

2024

Assets$405,013
Liabilities$0
Net Assets$405,013
Open 2024 Filing

Operations Trend

Revenue Growth60th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2017: $66,490Expenses 2017: $55,235Net Income 2017: $11,2552017Revenue 2018: $62,199Expenses 2018: $41,633Net Income 2018: $20,5662018Revenue 2019: $61,743Expenses 2019: $49,556Net Income 2019: $12,1872019Revenue 2020: $62,588Expenses 2020: $36,278Net Income 2020: $26,3102020Revenue 2021: $64,575Expenses 2021: $26,770Net Income 2021: $37,8052021Revenue 2022: $73,311Expenses 2022: $49,482Net Income 2022: $23,8292022Revenue 2023: $76,695Expenses 2023: $70,195Net Income 2023: $6,5002023Revenue 2024: $85,394Expenses 2024: $95,130Net Income 2024: -$9,7362024

Highlighted filing

2024

Revenue$85,394
Expenses$95,130
Net Income-$9,736
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 9, 2025
Return Version
2024v5.1
Gross Receipts
$151,497
Mission and Program Overview

Mission

to be used for the benefit of students of northwestern university who may be members of sigma nu fraternity for scholarships, grants-in-aid, or maintenance of the fraternity house of sigma nu fraternity.

To be used for the benefit of students of Northwestern University who may be (continued)members of Sigma Nu fraternity for scholarships, grants-in-aid, or maintenance of the fraternity house of Sigma Nu fraternity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$333,101$376,966▲ $43,865
Cash and Non-Interest-Bearing Accounts$42,876$28,047▼ $14,829
Total Assets$375,977$405,013▲ $29,036
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$375,977$405,013▲ $29,036
Total Net Assets Fund Balance$375,977$405,013▲ $29,036
Total Liabilities and Net Assets / Fund Balance$375,977$405,013▲ $29,036
Compensation and Service Providers
Top Officer Pay79th percentile

Board Members and Trustees

NameTitle
Ben BuettellPresident/Director
Dave ElzingaDirector
Jeff KlebanDirector
Matt EbachDirector
George O BennettSec/Treas/Director
Daniel W MaslauskiVice Pres/Director
Revenue and Support

Revenue Composition

Contributions and Grants
$64,143
Program Service Revenue
$0
Investment Income
$14,784
Other Revenue
$6,467
All Other Contributions
$64,143
Change in Net Assets
$-9,736
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$48,624
Other Expenses$46,506
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$48,624--$48,624
Fees for Services Other-$41,966-$41,966
Fees for Services Legal-$4,515-$4,515
Other Expenses-$25-$25
Total Functional Expenses$48,624$46,506$0$95,130
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

“The Form 990 is prepared by a law firm and reviewed by the Board President and Secretary prior to filing. A full copy of the Form 990 is otherwise available to all members upon request.”

Form 990, Part VI, Section C, line 19

“Govering documents and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Gamma Beta Foundation
EIN
36-6065478
Phone
3122634800
Address
PO BOX 101164, Chicago, IL 60610

Signing Officer

Name
George O Bennett
Title
Sec/Treas/Director
Phone
3125431556
Signed
2025-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George O Bennett
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Handler Law LLP
Address
191 N Wacker Drive Suite 2300, Chicago, IL 60606
Preparer
Benjamin Hughes
Phone
3126412100
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Advisory & Other Fees: Program service expenses 0. Management and general expenses 5,104. Fundraising expenses 0. Total expenses 5,104. Food Management Consultants: Program service expenses 0. Management and general expenses 36,862. Fundraising expenses 0. Total expenses 36,862.”

Form 990, Part XI, line 9:

“Miscellaneous Adjustments 3,000.”

Raw XML Appendix341 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To be used for the benefit of students of Northwestern University who may be (continued)members of Sigma Nu fraternity for scholarships, grants-in-aid, or maintenance of the fraternity house of Sigma Nu fraternity.
IRS990/AllOtherContributionsAmt064143
IRS990/BooksInCareOfDetail/PersonNm0GEORGE O BENNETT
IRS990/BooksInCareOfDetail/PhoneNum03125431556
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 101164
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060610
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt042876
IRS990/CashNonInterestBearingGrp/EOYAmt028047
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt064143
IRS990/CYGrantsAndSimilarPaidAmt048624
IRS990/CYInvestmentIncomeAmt014784
IRS990/CYOtherExpensesAmt046506
IRS990/CYOtherRevenueAmt06467
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-9736
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt095130
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt085394
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0To be used for the benefit of students of Northwestern University who may be members of Sigma Nu fraternity for scholarships, grants-in-aid, or maintenance of the fraternity house of Sigma Nu fraternity.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt048624
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt04515
IRS990/FeesForServicesLegalGrp/TotalAmt04515
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt041966
IRS990/FeesForServicesOtherGrp/TotalAmt041966
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0MATT EBACH
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVE ELZINGA
IRS990/Form990PartVIISectionAGrp/PersonNm2JEFF KLEBAN
IRS990/Form990PartVIISectionAGrp/PersonNm3BEN BUETTELL
IRS990/Form990PartVIISectionAGrp/PersonNm4DANIEL W MASLAUSKI
IRS990/Form990PartVIISectionAGrp/PersonNm5GEORGE O BENNETT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3President/Dir
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice Pres/Dir
IRS990/Form990PartVIISectionAGrp/TitleTxt5Sec/Treas/Dir
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt04453
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt048624
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt048624
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt048624
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt070556
IRS990/GrossReceiptsAmt0151497
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt010331
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010331
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0333101
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0376966
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt066103
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To be used for the benefit of students of Northwestern University who may be members of Sigma Nu fraternity for scholarships, grants-in-aid, or maintenance of the fraternity house of Sigma Nu fraternity.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0375977
IRS990/NetAssetsOrFundBalancesEOYAmt0405013
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt04453
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt04453
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt035772
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0375977
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0405013
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt03000
IRS990/OtherExpensesGrp/Desc0Illinois Annual Report
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt025
IRS990/OtherExpensesGrp/TotalAmt025
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Repayment of Capital E
IRS990/OtherRevenueMiscGrp/ExclusionAmt06467
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06467
IRS990/OtherRevenueTotalAmt06467
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0GEORGE O BENNETT
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt074488
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt028000
IRS990/PYInvestmentIncomeAmt02207
IRS990/PYOtherExpensesAmt042195
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt06500
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt070195
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt076695
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-9736
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt064143
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt074488
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt071821
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt059640
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt057420
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0327512
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt010331
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt09024
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt06775
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04935
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05168
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt036233
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt010331
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt09024
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt06775
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04935
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05168
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt036233
IRS990ScheduleA/InvestmentIncomeCYPct00.09960
IRS990ScheduleA/InvestmentIncomePYPct00.09070
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.90040
IRS990ScheduleA/PublicSupportPY509Pct00.90930
IRS990ScheduleA/PublicSupportTotal509Amt0327512
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt064143
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt074488
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt071821
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt059640
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt057420
IRS990ScheduleA/Total509Grp/TotalAmt0327512
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt074474
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt083512
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt078596
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt064575
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt062588
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0363745
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt048624
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Scholarship Awards to Members of the Sigma Nu Fraternity.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt053
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Scholarships and grants-in-aid for members are monitored separately. Scholarships are awarded based upon cumulative grade point averages achieved by active members for the prior quarters and follow the following format: 4.0: 1500; 3.75: 1000; 3.5: 500; lower than 3.5: -0-. Grants-in-aid are handled on an individual basis, and the member would apply to the foundation for a grant based on need. Depending on the situation, an amount is approved to help them financially. Sometimes the member needs help paying their fraternity membership dues. In other cases, greater amounts might be granted based on unexpected illness or financial hardship.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is prepared by a law firm and reviewed by the Board President and Secretary prior to filing. A full copy of the Form 990 is otherwise available to all members upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Govering documents and financial statements available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Advisory & Other Fees: Program service expenses 0. Management and general expenses 5,104. Fundraising expenses 0. Total expenses 5,104. Food Management Consultants: Program service expenses 0. Management and general expenses 36,862. Fundraising expenses 0. Total expenses 36,862.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Miscellaneous Adjustments 3,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XI, line 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0375977
IRS990/TotalAssetsEOYAmt0405013
IRS990/TotalAssetsGrp/BOYAmt0375977
IRS990/TotalAssetsGrp/EOYAmt0405013
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt064143
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt046506
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt048624
IRS990/TotalFunctionalExpensesGrp/TotalAmt095130
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0375977
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0405013
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt048624
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt021251
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt085394
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0375977
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0405013
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01429 N WELLS ST 505
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060610
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GEORGE O BENNETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Sec/Treas/Dir
ReturnHeader/BusinessOfficerGrp/PhoneNum03125431556
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GAMMA BETA FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GAMM
ReturnHeader/Filer/EIN0366065478
ReturnHeader/Filer/PhoneNum03122634800
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 101164
ReturnHeader/Filer/USAddress/CityNm0Chicago
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060610
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0993328799
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Handler Law LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0191 N Wacker Drive Suite 2300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Chicago
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060606
ReturnHeader/PreparerPersonGrp/PhoneNum03126412100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Benjamin Hughes
ReturnHeader/ReturnTs02025-05-09T13:50:29-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$405,013
Liabilities
$0
Net assets
$405,013
Revenue
$85,394
Expenses
$95,130
Net income
-$9,736
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.05$0.00$4.05$0.85$0.95$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.76$0.00$3.76$0.77$0.70$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.38$0.00$3.38$0.73$0.49$0.24
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.43$0.00$3.43$0.65$0.27$0.38
2020Detailed filing. Detailed filing data is available for this year.$1.93$0.00$1.93$0.63$0.36$0.26
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$1.77$0.62$0.50$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.55$1.55$0.62$0.42$0.21
2017Detailed filing. Detailed filing data is available for this year.$1.50$1.50$0.66$0.55$0.11