2019-02-07T18:12:45-06:00 2018-06-30 431001367 BROWN SMITH WALLACE LLP 6 CITYPLACE DRIVE SUITE 900 ST LOUIS MO 63141 990 2017-07-01 370464584 PI BETA PHI FRATERNITY PIBE 6362560680 1154 TOWN COUNTRY COMMONS DRIVE TOWN COUNTRY MO 63017 EMORY MCGINNIS EISON GRAND VP FINANCE 6362560680 2019-02-05 1 JENNIFER M VACHA P01251998 3149831200 68.185.111.163 2019-02-05 13:55:21 CS P 2F24AEC7D26FED7AC0D9021D434D1489DF326317 2F24AEC7D26FED7AC0D9021D434D1489DF326317 2017 2019-02-21 02:37:17Z JULI WILLEMAN 1154 TOWN COUNTRY COMMONS DRIVE TOWN COUNTRY MO 63017 13496825 0 X WWW.PIBETAPHI.ORG X 1935 IL TO MUTUALLY ENCOURAGE AND ASSIST MEMBERS IN SOCIAL, MENTAL, AND MORAL ADVANCEMENT. 7 7 65 125 31957 17319 859084 844568 8482027 6786077 535550 765422 457210 423829 10333871 8819896 6550075 1045745 0 0 2682629 2709706 0 0 0 6671863 3983285 15904567 7738736 -5570696 1081160 37428859 38066888 4279501 3401417 33149358 34665471 X TO PROMOTE FRIENDSHIP, DEVELOP WOMEN OF INTELLECT AND INTEGRITY, CULTIVATE LEADERSHIP POTENTIAL AND ENRICH LIVES THROUGH COMMUNITY SERVICE. 0 0 CHAPTER PROGRAMMING & LEADERSHIP TRAINING - EXPENSES OF PROVIDING APPROXIMATELY 140 LOCAL CHAPTERS WITH STATIONERY, POSTAGE, RENT, SALARIES AND BENEFITS, TRAVEL, DATA PROCESSING, AND FUNDING VARIOUS OTHER COSTS INCURRED BY THE LOCAL CHAPTERS IN PROVIDING GOODS, FACILITIES, OR SERVICES TO MEMBERS IN FURTHERANCE OF THE EXEMPT FUNCTION OF PI BETA PHI FRATERNITY. THE ARROW PUBLICATION AND GENERAL MARKETING EFFORTS - EXPENSES RELATED TO THE PUBLICATION OF A NATIONAL PERIODICAL DEVOTED TO INFORMING ITS PI BETA PHI READERSHIP OF ISSUES AND DEVELOPMENTS CONCERNING THE ORGANIZATION, PROVIDING A FORUM FOR THE RECOGNITION OF MEMBER ACCOMPLISHMENTS AND PUBLISHING OTHER EDUCATIONAL AND LEADERSHIP INFORMATION. ADDITIONAL COLLATERAL MARKETING PIECES INCLUDE PRINT AND ELECTRONIC PIECES TO FURTHER EXTENSION INITIATIVES, RECRUITMENT EFFORTS AND PROGRAM PROMOTIONS. CERTAIN SPECIFIED EDUCATIONAL PROGRAMS - EXPENSES INCURRED RELATED TO CERTAIN ACTIVITIES INTENDED TO INCREASE AWARENESS OF THOSE RESOURCES PRESENTLY AVAILABLE TO ASSIST STUDENTS IN IMPROVING VARIOUS EDUCATIONAL AND LEADERSHIP SKILLS. CONVENTION - EXPENSES RELATED TO THE PREPARATION/PRESENTATION OF A NATIONAL PI BETA PHI CONVENTION ADDRESSING A NUMBER OF EDUCATIONAL, LEADERSHIP, AND SOCIETAL ISSUES OF INTEREST TO THE MEMBERS OF PI BETA PHI. 0 1 0 0 0 0 0 0 1 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 60 0 1 65 1 1 1 1 CA 0 0 1 1 595568 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 6362560680 1154 TOWN COUNTRY COMMONS DRIVE TOWN COUNTRY MO 63017 PAULA PACE SHEPHERD GRAND PRESIDENT 40.00 0.00 X X 3900 0 0 RAE WOHLHUETER MAIER GRAND VP MEMBERSHIP 30.00 0.00 X X 2600 0 0 AMY LORENZEN SOUTHERLAND GRAND VP ALUMNAE 25.00 0.00 X X 1400 0 0 EMORY MCGINNIS EISON GRAND VP FINANCE 35.00 10.20 X X 1400 0 0 MARLA NEELLY WULF GRAND VP PROGRAMMING 35.00 0.00 X X 2600 0 0 JENN PLAGMAN-GALVIN GRAND VP COMMUNICATIONS 20.00 0.00 X X 1200 0 0 ALISON VEIT HEAFITZ GRAND VP COLLEGIANS 35.00 0.00 X X 2600 0 0 JULI WILLEMAN EXECUTIVE DIRECTOR 40.00 10.00 X 156730 0 11882 LYNDEE DOWNS SR. DIRECTOR OF FINANCE (RES. 12/17) 20.00 20.00 X 63504 0 3206 MELISSA YOST DIRECTOR OF FINANCE (EFF. 3/18) 40.00 0.00 X 0 0 0 235934 0 15088 1 0 1 0 BDO USA LLP 770 KENMOOR SE STE 300 GRAND RAPIDS MI 49546 ACCOUNTING SERVICES 460283 1 844568 844568 MEMBER REVENUE 813410 6786077 6786077 6786077 710344 710344 323376 323376 69051 724 68327 68327 -169 68496 4678258 21000 4632496 11684 45762 9316 55078 55078 63711 32025 31686 31686 REIMBURSEMENT 900099 440 440 440 8819896 6786077 31957 1157294 1045745 300333 1953217 77557 144631 233968 37751 64131 421355 31186 857917 331695 143150 1108449 318805 372356 DUES AND SUBSCRIPTIONS 106400 MEMORABILIA AND SUPPLIE 92526 MISCELLANEOUS EXPENSE 73556 HONORARIUMS 24008 7738736 839856 1508534 6248133 5466526 654963 35609 221914 294818 182818 9238163 3634514 5739197 5603649 20444653 21613633 2000 2000 3211766 3336531 66377 22770 37428859 38066888 1599554 317926 16075 36397 2663872 3047094 4279501 3401417 X 33126206 34521942 21152 141529 2000 2000 33149358 34665471 37428859 38066888 1081160 434953 0 X X 0 1 X 1 0 3200 111 3311 3016 184 3200 2992 24 3016 2886 106 2992 2807 79 2886 0.00000 0.60400 0.39600 0 0 921138 921138 5568263 1444164 4124099 2669111 2190350 478761 79651 79651 5603649 CHAPTER HOUSE LOANS 3336531 C 3336531 FUNDS HELD - CLOSED CHAPTERS 3047094 3047094 X PART V, LINE 4: PURSUANT TO THE TERMS OF THE TRUST, THE ENDOWMENT IS A RESTRICTED GIFT TO BE INVESTED WITH INTEREST USED TO SUPPORT THE SCHOLARSHIP AWARD THAT IS GIVEN TO OUTSTANDING ALUMNAE. PART X, LINE 2: THE FRATERNITY AND FRATERNITY HOUSING CORPORATION (FHC) ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE ("IRC"). AS SUCH, THEY ARE ONLY SUBJECT TO TAX ON UNRELATED BUSINESS TAXABLE INCOME ("UBTI") AS DEFINED BY THE IRC. THE FRATERNITY AND FHC EACH FILE FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) WITH THE U.S. FEDERAL GOVERNMENT. THE ORGANIZATION FOLLOWS THE FASB ASC TOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PRESCRIBES A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE, RECOGNIZE, PRESENT AND DISCLOSE IN ITS CONSOLIDATED FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT AN ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. MANAGEMENT ANNUALLY REVIEWS ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2018 AND 2017. 1 PI BETA PHI FRATERNITY HOUSING CORPORATION 1154 TOWN COUNTRY COMMONS DRIVE TOWN COUNTRY MO 63017 262511045 501(C)7 800000 ALLOCATION OF DUES TO AFFILIATE FOR FINANCIAL ASSISTANCE WITH CHAPTER HOUSING PI BETA PHI FOUNDATION 1154 TOWN COUNTRY COMMONS DRIVE TOWN COUNTRY MO 63017 431542735 501(C)3 21220 EDUCATIONAL PURPOSES 1 1 PART I, LINE 2: THE FRATERNITY PROVIDES ASSISTANCE TO SERVE THE NEEDS OF ITS MEMBERS. DURING THE CURRENT TAX YEAR, THE FRATERNITY PROVIDED FUNDS TO ITS FRATERNITY HOUSING CORPORATION, AN ORGANIZATION ESTABLISHED TO PROVIDE FINANCIAL, MANAGERIAL, AND OTHER ASSISTANCE FOR HOUSING, LODGES AND OTHER FACILITIES UTILIZED BY OR FOR COLLEGIATE MEMBERS OF THE FRATERNITY IN CONNECTION WITH THEIR COLLEGIATE EDUCATIONAL ENDEAVORS. ADDITIONALLY, IN THE CURRENT YEAR THE FRATERNITY PROVIDED FUNDING TO PI BETA PHI FOUNDATION, AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER IRC. 501(C)(3), IN PURSUIT OF THEIR EDUCATIONAL ENDEAVORS. PART II PI BETA PHI FRATERNITY AWARDED OVER $223,000 WORTH OF BRAND-NEW BOOKS TO OVER 100 SCHOOLS, AFTER-SCHOOL PROGRAMS, AND COMMUNITY PROGRAMS THAT SERVE STUDENTS FROM LOW-INCOME FAMILIES. THE ORGANIZATION PARTNERED WITH FIRST BOOK TO ASSIST IN THE DISTRIBUTION OF THE BOOKS. X X X 1 0 0 JULI WILLEMAN EXECUTIVE DIRECTOR 156730 0 0 0 0 0 6810 0 5072 0 168612 0 0 0 PART I, LINE 3 THE ORGANIZATION USES DATA FROM OTHER NONPROFIT ASSOCIATIONS AND FRATERNAL ORGANIZATIONS TO EVALUATE COMPENSATION. SUCH DATA MAY BE OBTAINED BY REVIEWING FORM 990 OR COMPENSATION STUDIES/SURVEYS. GOVERNING BODY APPROVAL IS OBTAINED. PART I, LINE 4A LYNDEE DOWNS - SEVERANCE PAYMENT - $6,958 FORM 990, PART VI, SECTION A, LINE 6 PI BETA PHI FRATERNITY IS A MEMBERSHIP ORGANIZATION CONSISTING OF COLLEGIATE AND ALUMNAE VOTING DELEGATES WHO ELECT THE GRAND COUNCIL, ALSO KNOWN AS THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7A THE COLLEGIATE AND ALUMNAE VOTING DELEGATES ELECT THE GRAND COUNCIL, ALSO KNOWN AS THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B ANY CHANGES TO THE CONSTITUTION AND STATUTES MUST BE APPROVED BY THE CONVENTION BODY (COLLEGIATE AND ALUMNAE VOTING DELEGATES). FORM 990, PART VI, SECTION B, LINE 11B THE RETURN WAS REVIEWED IN DETAIL BY THE EXECUTIVE DIRECTOR AND THE GRAND VICE PRESIDENT OF FINANCE AND THEN SUBMITTED TO THE MEMBERS OF THE GOVERNING BODY FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE MEMBERS OF THE GRAND COUNCIL ARE REQUIRED TO DISCLOSE ALL TRANSACTIONS WHICH MAY GIVE RISE TO A CONFLICT OF INTEREST ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 ALL OTHER EMPLOYEE COMPENSATION IS DETERMINED BY THE EXECUTIVE DIRECTOR IN CONSULTATION WITH THE HUMAN RESOURCES DIRECTOR AND IS BASED ON PERFORMANCE, DATA FROM OTHER NONPROFIT ASSOCIATIONS AND FRATERNAL ORGANIZATIONS, AND OTHER RESEARCH AS AVAILABLE. FORM 990, PART VI, SECTION C, LINE 19 THE CONSTITUTION AND STATUTES ARE AVAILABLE TO INITIATED MEMBERS OF PI BETA PHI ONLY. THE CONFLICT OF INTEREST POLICY AND THE ANNUAL FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: PI BETA PHI FRATERNITY HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE AUDIT COMMITTEE PARTICIPATED IN THE PLANNING OF THE AUDIT, WERE UPDATED THROUGHOUT THE AUDIT AND PARTICIPATED IN A WRAP UP CALL WITH THE AUDITORS AT THE COMPLETION OF THE AUDIT. THIS PROCESS DID NOT CHANGE FROM PRIOR YEARS. PI BETA PHI FRATERNITY HOUSING CORP 1154 TOWN COUNTRY COMMONS DRIVE TOWN COUNTRY MO 63017 262511045 MEMBER ORGANIZATION FOR HOUSING OK 501(C)(7) PI BETA PHI FRATERNITY 1 1 1 0 1 0 0 0 0 0 1 0 1 0 1 1 1 1 0 0 PI BETA PHI FRATERNITY HOUSING CORPORATION A 128323 FMV PI BETA PHI FRATERNITY HOUSING CORPORATION B 800000 CASH PI BETA PHI FRATERNITY HOUSING CORPORATION D 340000 CASH