Tools commonly used in the Sororities industry for day-to-day tasks and operations.

• Chapter management software
• Event planning software
• Social media management tools
• Fundraising software
• Membership management software
• Communication tools (e.g. email, messaging apps)
• Volunteer management software
• Financial management software
• Recruitment software
• Survey tools

Common products and services typical of NAICS Code 813410-09, illustrating the main business activities and contributions to the market.

• Philanthropy events
• Sisterhood retreats
• Leadership development programs
• Community service projects
• Social events
• Fundraising campaigns
• Recruitment events
• Alumni networking events
• Educational workshops
• Mentorship programs

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Nonprofit Tax-Exempt Status: Sororities are typically nonprofit organizations and may need to obtain tax-exempt status from the Internal Revenue Service (IRS) to avoid paying federal income tax. This status is granted to organizations that meet certain requirements, such as being organized and operated exclusively for charitable, educational, or religious purposes. The IRS provides information on how to apply for tax-exempt status on their website:
• State Tax-Exempt Status: In addition to federal tax-exempt status, sororities may need to obtain state tax-exempt status to avoid paying state income tax. The requirements for state tax-exempt status vary by state, so sororities should check with their state's tax agency for more information.
• Business License: Sororities may need to obtain a business license to operate legally in their state or local jurisdiction. The requirements for a business license vary by jurisdiction, so sororities should check with their local government for more information.
• Charitable Solicitation Registration: Sororities that engage in fundraising activities may need to register with their state's charity regulator. The requirements for charitable solicitation registration vary by state, so sororities should check with their state's charity regulator for more information.
• Insurance: Sororities may need to obtain insurance coverage to protect against liability and other risks. The types of insurance that sororities may need include general liability insurance, property insurance, and directors and officers liability insurance. Sororities should consult with an insurance agent to determine what types of insurance they need and how much coverage they should have.

A concise historical narrative of NAICS Code 813410-09 covering global milestones and recent developments within the United States.

• Sororities have a long history dating back to the late 19th century. The first sorority, Kappa Alpha Theta, was founded in 1870 at Indiana Asbury University, now known as DePauw University. The industry grew rapidly in the early 20th century, with the founding of many new sororities across the United States. Sororities played a significant role in women's education and empowerment, providing opportunities for women to develop leadership skills and form lifelong friendships. In recent years, sororities have faced criticism for perpetuating exclusivity and elitism, but many organizations have taken steps to become more inclusive and diverse.

The anticipated future trajectory of the NAICS 813410-09 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for the Sororities industry in the USA is positive. The industry is expected to continue growing in the coming years due to the increasing number of women attending college and seeking to join sororities. Additionally, sororities are expanding their reach beyond college campuses and are becoming more involved in community service and philanthropy. This shift is expected to attract more members and increase the industry's revenue. However, the industry may face challenges related to changing social norms and increased scrutiny of Greek life on college campuses. Overall, the Sororities industry is expected to continue growing and evolving in the coming years.

Recent groundbreaking advancements and milestones in the Sororities industry, reflecting notable innovations that have reshaped its landscape.

• Virtual Recruitment Events: Sororities have adapted to the COVID-19 pandemic by hosting virtual recruitment events, allowing them to continue to attract new members while adhering to social distancing guidelines.
• Increased Focus on Diversity and Inclusion: Many sororities are working to increase diversity and promote inclusivity within their organizations, including implementing new policies and programs to support underrepresented groups.
• Philanthropic Partnerships: Sororities are partnering with a variety of organizations to support charitable causes, including mental health awareness, domestic violence prevention, and childhood cancer research.
• Leadership Development Programs: Many sororities are offering leadership development programs to help members develop skills that will benefit them in their future careers.
• Social Media Campaigns: Sororities are using social media to promote their organizations and connect with potential new members, including creating Instagram accounts and TikTok videos to showcase their activities and events.