2022-03-24T21:41:55-05:00 2021-06-30 430765316 RUBINBROWN LLP ONE NORTH BRENTWOOD SAINT LOUIS MO 63105 990 2020-07-01 431322067 BETA GAMMA SIGMA INC BETA 3144325650 11814 BORMAN DRIVE SAINT LOUIS MO 63146 CHRISTINA ALLRICH EXECUTIVE DIRECTOR 3144325650 2022-03-22 1 CHRISTINA ALLRICH 999009999 KIMBERLY A RYAN P00829977 3142903300 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z CHRISTINA ALLRICH 11814 BORMAN DRIVE SAINT LOUIS MO 63146 2584561 0 X WWW.BETAGAMMASIGMA.ORG X 1982 MO HONOR ACADEMIC ACHIEVEMENT, CULTIVATE PROFESSIONAL EXCELLENCE, AND SERVE MEMBERS. 16 15 16 1992 5045 0 1686359 1896648 333959 72196 89957 123060 36325 33678 2146600 2125582 109900 12000 0 0 1366286 766879 0 0 129616 1192081 660331 2668267 1439210 -521667 686372 3281440 4322089 1099099 519646 2182341 3802443 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 749353 12000 5045 SCHOLARSHIP RECOGNITION AND SCHOLARSHIPS: SCHOLARSHIP RECOGNITION TO OUTSTANDING BUSINESS STUDENTS AND FACULTY TO ENCOURAGE AND IMPROVE ACADEMIC PERFORMANCE AMONG OVER 900,000 STUDENTS IN 617 COLLEGES AND UNIVERSITIES. 20,839 STUDENTS AND FACULTY RECEIVED INTERNATIONAL AND LIFETIME RECOGNITION. 32405 39635 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 2020-2021, THERE WERE 102 MEMBER EVENTS HELD WORLDWIDE, THROUGH 32 ALUMNI CHAPTERS AND 19 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 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. GLOBAL LEADERSHIP SUMMIT: THE GLOBAL LEADERSHIP SUMMIT IS AN ANNUAL, IN-PERSON EVENT DESIGNED TO SUPPORT BETA GAMMA SIGMA VALUES OF HONOR, INTEGRITY, THE PURSUIT OF WISDOM, AND EARNESTNESS. SPEAKERS FROM ACADEMIC, BUSINESS, AND NONPROFIT SECTORS GUIDE MEMBERS THROUGH A SERIES OF SESSIONS, AIMED AT DEVELOPING CAREER READINESS SKILLS. NEARLY 400 MEMBERS BENEFITED FROM THIS PROGRAM. IN 2019 PARTICIPANTS BENEFITED FROM 15 SPEAKERS, 10 MEMBERS OF THE BOARD OF GOVERNORS, AND 4 MENTORS, ALL TO FACILITATE AN EXPERIENCE OF LEARNING, GROWTH, AND PROFESSIONAL DEVELOPMENT. THE GLOBAL LEADERSHIP SUMMIT WAS CANCELLED THIS YEAR DUE TO COVID-19. 10278 10278 781758 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 5 0 16 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 16 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 11814 BORMAN DRIVE SAINT LOUIS MO 63146 MARIELLE G HEIJLTJES BOARD CHAIR 2.00 X X 0 0 0 MARY A GOWAN VICE-CHAIR 1.00 X X 0 0 0 BERNARD J MILANO SECRETARY/TREASURER 2.00 X X 0 0 0 ALFONZO D ALEXANDER DIRECTOR 1.00 X 0 0 0 DONALD R ANDREWS DIRECTOR 1.00 X 0 0 0 GLORY ENYINNAYA DIRECTOR 1.00 X 0 0 0 TUISHA FERNANDES STACK DIRECTOR 1.00 X 0 0 0 LINDA HADLEY DIRECTOR 1.00 X 0 0 0 WES HAMILTON-JESSOP DIRECTOR 1.00 X 0 0 0 JOHN NAVIN DIRECTOR 1.00 X 0 0 0 TOSHITSUGU OTAKE DIRECTOR 1.00 X 0 0 0 LAWRENCE G SINGLETON DIRECTOR 1.00 X 0 0 0 JOYCE STRAWSER DIRECTOR 1.00 X 0 0 0 JODI WEISS DIRECTOR 1.00 X 0 0 0 CARYN BECK-DUDLEY DIRECTOR 1.00 X 0 0 0 CHRISTINA CAROSELLA CEO 37.50 X X 182630 0 21540 CHRISTINA ALLRICH EXECUTIVE DIRECTOR 37.50 X X 105516 0 14436 288146 0 35976 2 0 1 0 0 1521570 200577 174501 1896648 PARTNERSHIPS/AFFILIATIONS 611710 50916 50916 STUDENT FORUMS 611430 16235 16235 PUBLICATION REVENUE 541800 5045 5045 72196 75213 75213 419930 372083 47847 47847 47847 120574 86896 33678 33678 2125582 100829 5045 123060 8000 8000 4000 4000 214304 77483 90672 46149 442152 237708 196723 7721 20858 11350 8974 534 46894 24121 20834 1939 42671 20661 18690 3320 1874 907 821 146 26500 26500 24964 24964 44196 194 175 43827 1906 1906 176716 143453 30569 2694 180696 129139 43979 7578 91132 44126 39916 7090 17477 16778 524 175 61513 35171 18894 7448 12788 6192 5601 995 PROGRAMS AND EVENTS 19961 19961 0 0 AWARDS 608 608 1439210 781758 527836 129616 53083 133378 56853 49526 67879 54163 40399 66878 357909 353656 65766 4253 2997460 4013891 3281440 4322089 119388 86014 9500 324582 223735 454552 200577 200397 1099099 519646 X 2146254 3767706 36087 34737 2182341 3802443 3281440 4322089 686372 933730 0 X 0 1 X 1 0 X 2173719 2126860 2076638 1686359 1896648 9960224 565153 514729 614075 428451 187725 2310133 2738872 2641589 2690713 2114810 2084373 12270357 5750 9049 7914 13064 6250 42027 0 5750 9049 7914 13064 6250 42027 12228330 126435 81094 81604 74280 75213 438626 126435 81094 81604 74280 75213 438626 200 750 950 2865507 2723433 2772317 2189090 2159586 12709933 0.96210 0.96040 0.03450 0.03640 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2016 AMOUNT: $ 200. 2017 AMOUNT: $ 750. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 357909 353656 4253 4253 MUTUAL FUNDS 4013891 F 4013891 PAYCHECK PROTECTION PROGRAM LOAN 200397 200397 3121244 933730 86896 1020626 2100618 24964 24964 2125582 1501142 86896 86896 1414246 24964 24964 1439210 PART IV, LINE 2B: THE ORGANIZATION HELD FUNDS FOR VARIOUS CHAPTERS IN THE AMOUNT OF $223,735 WHICH ARE INCLUDED IN AGENCY FUNDS ON THE STATEMENT OF FINANCIAL POSITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 86,896. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 86,896. 1 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 80587 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 50738 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 4366 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 19008 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 5044 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 3162 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 1280 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES SCHOLARSHIPS RECOGNITION 678 0 0 0 0 0 0 164863 0 164863 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 2141 80587 CHECK EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 1348 50738 CHECK MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 116 4366 CHECK NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 505 19008 CHECK SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 134 5044 CHECK SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 84 3162 CHECK SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 34 1280 CHECK RUSSIA AND NEIGHBORING STATES 18 678 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: 1 SCHOLARSHIPS 11 8000 PART I, LINE 2: SCHOLARSHIPS TO BE BE USED FOR TUITION X X X 1 0 0 0 0 0 0 0 0 CHRISTINA CAROSELLA CEO 182630 0 0 0 0 0 10708 0 10832 0 204170 0 0 0 PART I, LINE 4A CHRISTINA CAROSELLA, CEO - $34,101.27 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 CEO BASED ON POSITION, EXPERIENCE, AND MARKET RATE. THE CEO 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.