2024-04-10T16:08:07-05:00 2023-06-30 430765316 RUBINBROWN LLP 7676 FORSYTH BLVD SUITE 2100 SAINT LOUIS MO 63105 990 2022-07-01 431322067 BETA GAMMA SIGMA INC BETA 3144325650 2029 WOODLAND PARKWAY SUITE 130 SAINT LOUIS MO 63146 CHRISTINA ALLRICH EXECUTIVE DIRECTOR 3144325650 2024-04-09 1 CHRISTINA ALLRICH 999009999 1 KIMBERLY A RYAN P00829977 3142903300 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHRISTINA ALLRICH 2029 WOODLAND PARKWAY SUITE 130 SAINT LOUIS MO 63146 2112824 0 X WWW.BETAGAMMASIGMA.ORG X 1982 MO HONOR ACADEMIC ACHIEVEMENT, CULTIVATE PROFESSIONAL EXCELLENCE, AND SERVE MEMBERS. 15 15 13 2030 11850 0 1863716 1674137 71618 80750 186717 106458 72107 61437 2194158 1922782 8166 10380 0 0 751906 920161 0 0 119258 644793 862347 1404865 1792888 789293 129894 4230139 4755381 261819 404297 3968320 4351084 X THE MISSION OF THE INTERNATIONAL HONOR SOCIETY BETA GAMMA SIGMA IS TO ENCOURAGE AND HONOR ACADEMIC ACHIEVEMENT IN THE STUDY OF BUSINESS, TO CULTIVATE AND CELEBRATE LEADERSHIP AND PROFESSIONAL EXCELLENCE, TO ADVANCE THE VALUES OF THE SOCIETY, AND TO SERVE ITS LIFELONG MEMBERS. 0 0 824971 10380 118620 SCHOLARSHIP RECOGNITION AND SCHOLARSHIPS: SCHOLARSHIP RECOGNITION TO OUTSTANDING BUSINESS STUDENTS AND FACULTY TO ENCOURAGE AND IMPROVE ACADEMIC PERFORMANCE AMONG OVER 900,000 STUDENTS IN 631 COLLEGES AND UNIVERSITIES. 20,803 STUDENTS AND FACULTY RECEIVED INTERNATIONAL AND LIFETIME RECOGNITION. 89880 4014 ALUMNI NETWORK: THE BETA GAMMA SIGMA (BGS) ALUMNI NETWORK CONNECTS MEMBERS BOTH VIRTUALLY AND IN-PERSON. PROVIDING PROFESSIONAL NETWORKING OPPORTUNITIES, PROFESSIONAL DEVELOPMENT, SOCIAL EVENTS AND SERVICE OPPORTUNITIES TO LOCAL COMMUNITIES, THE NETWORK INCREASES BGS' WORLDWIDE PRESENCE WHILE PROVIDING LIFETIME VALUE TO OUR MEMBERS. IN FY 2022-2023, THERE WERE 35 MEMBER EVENTS HELD WORLDWIDE, THROUGH 32 ALUMNI CHAPTERS AND 22 NETWORKING GROUPS.THE NETWORK IS FURTHER SUPPORTED BY BGS PROGRAMS. SERVICE OPPORTUNITIES ARE SUPPORTED THROUGH OUR WORLD-WIDE PARTNERSHIP WITH JUNIOR ACHIEVEMENT, THROUGH WHICH ALUMNI CHAPTERS CAN EASILY PLAN VOLUNTEER ACTIVITIES. THE BGS ALUMNI CAREER DESIGN PROGRAM SUPPORTS OUR ALUMNI MEMBERS' LONG-TERM CAREER SUCCESS, BY PROVIDING COACHING IN FORM 990, PART III, LINE 4B, PROGRAM SERVICE ACCOMPLISHMENTS: CAREER-PATHING AND GOAL SETTING. THIS VIRTUAL PROGRAM ALSO PROVIDES NETWORKING OPPORTUNITIES, AS ALUMNI MEMBERS COMPLETE THE PROGRAM IN COHORT GROUPS OF APPROXIMATELY 50 MEMBERS AT A TIME. MEMBERS SUPPORT ONE ANOTHER THROUGHOUT THE PROGRAM AND HAVE THE OPPORTUNITY TO MAKE LIFELONG CONNECTIONS. FURTHERMORE, BGS CAREER CENTRAL SUPPORTS OUR ALUMNI MEMBERS' PROFESSIONAL DEVELOPMENT AND CAREER OUTLOOK BY PROVIDING ACCESS TO CURATED CAREER CONTENT, PROGRAMS, WEBINARS AND EXCLUSIVE MEMBER OFFERS. THE BGS ADVANTAGE WEBINAR SERIES OFFERED FREE HOUR-LONG WEBINARS FOR ALL BGS MEMBERS. EACH TOPIC WAS UNIQUE BUT HAD THE OVERARCHING GOAL OF PROVIDING CAREER ADVICE, INSIGHT AND PROFESSIONAL SKILL BUILDING, LEVERAGING SUBJECT MATTER EXPERTS AND PARTNERS OF BGS. 74995 7703 BGS X SDGS LAB LEADERSHIP CONFERENCE: BETA GAMMA SIGMA BELIEVES BUSINESS IS A FORCE FOR GLOBAL GOOD, WHICH IS WHY WE PARTNERED WITH THE FOUNDATION FOR ENVIRONMENTAL STEWARDSHIP (FES) AND THE SDGS LAUNCH PROJECT TO BRING MEMBERS A CONFERENCE THAT CONNECTS, EDUCATES, AND EMPOWERS PARTICIPANTS TO BE CATALYSTS FOR CHANGE IN THEIR COMMUNITIES. THROUGH SEVERAL SPEAKERS, WORKSHOPS, AND A CASE COMPETITION, PARTICIPANTS HAVE THE OPPORTUNITY TO REFLECT AND BUILD ON THEIR UNDERSTANDING OF SUSTAINABLE DEVELOPMENT. THE PROGRAM CONSISTED OF BOTH LIVE AND PRE-RECORDED VIRTUAL SETTINGS THAT TOOK PLACE BETWEEN FEBRUARY 3-4, 2023. PARTICIPANTS HAD THE OPPORTUNITY TO WORK WITH FELLOW STUDENTS AROUND THE GLOBE THROUGH A CASE COMPETITION. LASTLY, ALL BGS MEMBERS HAD A CHANCE TO TAKE PART IN OUR PRE-LAUNCH OF THE EVENT BY JOINING ONE OF OUR PARTNER VIRTUAL ROUNDTABLE DISCUSSIONS. 989846 1 1 0 0 0 0 0 0 1 0 1 1 0 0 1 0 1 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 13 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X CHRISTINA ALLRICH 3144325650 2029 WOODLAND PARKWAY SUITE 130 SAINT LOUIS MO 63146 MARY A GOWAN BOARD CHAIR 2.00 X X 0 0 0 JOHN NAVIN VICE-CHAIR 1.00 X X 0 0 0 BERNARD J MILANO SECRETARY/TREASURER 2.00 X X 0 0 0 CARYN BECK-DUDLEY DIRECTOR 1.00 X 0 0 0 NARJESS BOUBAKRI DIRECTOR 1.00 X 0 0 0 LINDA HADLEY DIRECTOR (THRU 12/22) 1.00 X 0 0 0 WES HAMILTON-JESSOP DIRECTOR 1.00 X 0 0 0 KEN MERRITT DIRECTOR 1.00 X 0 0 0 BLANE RUSCHAK DIRECTOR 1.00 X 0 0 0 LAWRENCE G SINGLETON DIRECTOR 1.00 X 0 0 0 RETO STEINER DIRECTOR 1.00 X 0 0 0 JOYCE STRAWSER DIRECTOR 1.00 X 0 0 0 NICOLE THORNE JENKINS DIRECTOR 1.00 X 0 0 0 ROB WALSH DIRECTOR 1.00 X 0 0 0 JODI WEISS DIRECTOR 1.00 X 0 0 0 ANTHONY WILBON DIRECTOR 1.00 X 0 0 0 CHRISTINA ALLRICH EXECUTIVE DIRECTOR 37.50 X 149818 0 18027 149818 0 18027 1 0 1 0 0 1527200 146937 1674137 STUDENT FORUMS 611430 57321 57321 PUBLICATION REVENUE 541800 11850 11850 PARTNERSHIPS/AFFILIATIONS 611710 11579 11579 80750 80055 80055 131636 105233 26403 26403 26403 146246 84809 61437 61437 1922782 130337 11850 106458 6380 6380 4000 4000 174638 69855 87319 17464 605739 363272 219679 22788 23364 14902 7862 600 64876 37354 24596 2926 51544 28803 20143 2598 4076 2278 1593 205 30550 30550 24546 24546 52979 168 117 52694 75952 32698 43254 198474 173212 14979 10283 170435 120717 44169 5549 41764 23699 16001 2064 79408 904 78422 82 26358 14729 10301 1328 13441 7511 5253 677 PROGRAMS AND EVENTS 87026 87026 STRATEGIC PLAN 55000 55000 AWARDS 2338 2338 1792888 989846 683784 119258 660864 779212 53293 69070 64019 85081 125648 26006 402004 343609 2373 58395 3323942 3546370 0 191247 4230139 4755381 97155 113558 1000 3450 163664 85760 0 201529 261819 404297 X 3935233 4319647 33087 31437 3968320 4351084 4230139 4755381 129894 252870 0 X 0 1 X 1 0 X 2076638 1686359 1896648 1863716 1674137 9197498 614075 428451 187725 189745 215146 1635142 2690713 2114810 2084373 2053461 1889283 10832640 7914 13064 6250 4550 17693 49471 461 3684 20377 24522 7914 13064 6711 8234 38070 73993 10758647 81604 74280 75213 78090 80055 389242 81604 74280 75213 78090 80055 389242 2772317 2189090 2159586 2131551 1969338 11221882 0.95870 0.96360 0.03470 0.03260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 402004 343609 58395 58395 MUTUAL FUNDS 3546370 F 3546370 LEASE LIABILITIES - FINANCING LEASE 201529 201529 2235915 252870 84809 337679 1898236 24546 24546 1922782 1853151 84809 84809 1768342 24546 24546 1792888 PART IV, LINE 2B: THE ORGANIZATION HELD FUNDS FOR VARIOUS CHAPTERS IN THE AMOUNT OF $85,760 WHICH ARE INCLUDED IN AGENCY FUNDS ON THE STATEMENT OF FINANCIAL POSITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 84,809. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 84,809. 1 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 69497 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 47365 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 7302 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 14959 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 10985 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 1228 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 1066 0 0 0 0 0 0 152402 0 152402 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 2151 69497 CHECK EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 1466 47365 CHECK MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 226 7302 CHECK NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 463 14959 CHECK SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 340 10985 CHECK SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 38 1228 CHECK SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 33 1066 CHECK 0 0 0 0 0 0 PART I, LINE 2: ORGANIZATION MAINTAINS DATABASE LISTING ALL INDUCTEES, SCHOOL OF INDUCTION AND ADDRESS. PART I, LINE 3: TOTAL EXPENSES FROM SCHOLARSHIPS RECOGNITION WAS DIVIDED BY NUMBER OF STUDENTS INDUCTED TO GET AN AVERAGE COST. MEMBERSHIP REPORT BY COUNTRY WAS USED TO GET EXPENSES BY REGION. PART III ACCOUNTING METHOD: 0 SCHOLARSHIPS 33 6380 X X X 0 0 0 0 0 0 0 0 0 CHRISTINA ALLRICH EXECUTIVE DIRECTOR 149818 0 0 0 0 0 11250 0 6777 0 167845 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 BETA GAMMA SIGMA MEMBERS ARE ELECTED TO A LIFETIME MEMBERSHIP BY THE FACULTY OF THE BUSINESS PROGRAM WHERE THEY ARE EDUCATED. THE FACULTY MEMBERS OF BETA GAMMA SIGMA AT THE EDUCATION INSTITUTION AND THE CURRENT MEMBERS COMPRISE THE ACTIVE CHAPTER. ONCE NO LONGER A STUDENT, A MEMBER BECOMES AN ALUMNI MEMBER. BETA GAMMA SIGMA CURRENTLY HAS OVER 900,000 MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A IT IS THE ACTIVE CHAPTER IDENTIFIED IN THE RESPONSE TO THE QUESTION ON PAGE 6 PART IV, LINE 6, WHICH IS ENTITLED TO NOMINATE AND VOTE ON THE POTENTIAL MEMBERS OF THE BOARD OF GOVERNORS. EACH OF THE OVER 600 COLLEGIATE CHAPTERS IS ENTITLED TO ONE VOTE. ADDITIONALLY, BETA GAMMA SIGMA HAS ESTABLISHED OVER 30 ALUMNI CHAPTERS IN MAJOR METROPOLITAN AREAS. MEMBERSHIP IN AN ALUMNI CHAPTER IS OPEN TO MEMBERS RESIDING IN THAT GEOGRAPHICAL AREA. EACH ALUMNI CHAPTER IS ALSO ENTITLED TO VOTE. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF GOVERNORS IS SUBJECT TO THE BOARD POLICY MANUAL, THE BY-LAWS AND ARTICLES OF INCORPORATION. WHILE THE BOARD IS EMPOWERED TO MAKE CHANGES TO THE BOARD POLICY MANUAL, THE BY-LAWS MAY ONLY BE CHANGED BY THE VOTE OF THE CHAPTERS OF BETA GAMMA SIGMA. THE ACTIONS OF THE BOARD ARE REPORTED TO THE CHAPTERS DURING THE BIENNIAL MEETING OF CHAPTERS ON A FORMAL BASIS, AND INFORMALLY DURING THE ANNUAL MEETING AT WHICH THE CHAPTER REPRESENTATIVES GATHER. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETE DRAFT IS SENT TO THE BOARD OF GOVERNORS BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C BETA GAMMA SIGMA REQUIRES OFFICERS AND EMPLOYEES TO DISCLOSE ALL CONFLICTS OF INTEREST TO THE DIRECTORS AND MEMBERS OF THE COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD SELECTION COMMITTEE OF BETA GAMMA SIGMA DETERMINES COMPENSATION OF THE EXECUTIVE DIRECTOR BASED ON POSITION, EXPERIENCE, AND MARKET RATE. THE EXECUTIVE DIRECTOR DETERMINES COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES BASED ON EXPERIENCE AND MARKET RATE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE AVAILABLE ON THE WEBSITE OF BETA GAMMA SIGMA (WWW.BETAGAMMASIGMA.ORG). THE CONFLICT OF INTEREST POLICY IS CONTAINED WITHIN THE GOVERNING DOCUMENTS OF THE SOCIETY. A PUBLIC INSPECTION COPY OF THE SOCIETY'S TAX RETURN (FORM 990) IS MAINTAINED IN THE OFFICES OF BETA GAMMA SIGMA, INC.