2023-11-15T11:55:49-06:00 2022-12-31 341874260 CBIZ MHM LLC 700 WEST 47TH STREET SUITE 1100 KANSAS CITY MO 64112 990 2022-01-01 237087235 GAMMA IOTA SIGMA GAMM 4849914471 PO BOX 1744 POWELL OH 43065 GRACE GRANT EXECUTIVE DIRECTOR 4849914471 2023-11-15 1 GRACE GRANT XXX-XX-XXXX 1 LISA BURKE P00220718 8169455500 2023-11-14 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z GRACE GRANT PO BOX 1744 POWELL OH 43065 1550944 0 X WWW.GAMMAIOTASIGMA.ORG X 1966 PA PROMOTE & SUSTAIN COLLEGIATE STUDENT INTEREST IN INSURANCE, RISK MANAGEMENT, & ACTUARIAL SCIENCE. 15 14 5 65 0 0 126045 271357 977851 1272471 2927 7116 20159 0 1126982 1550944 0 37670 0 0 468876 527547 0 0 104817 464212 579448 933088 1144665 193894 406279 811470 1150758 94547 59465 716923 1091293 GAMMA IOTA SIGMA SERVES A MISSION OF PROMOTING AND SUSTAINING STUDENT INTEREST IN CAREERS IN THE INSURANCE, RISK MANAGEMENT, AND ACTUARIAL SCIENCE. 0 0 479852 1160032 CONFERENCES:GAMMA IOTA SIGMA (GIS) SPONSORS CORE PROGRAMMING INCLUDING THE REGIONAL CONFERENCE SERIES, PIPELINE EVENT, ALLIES IN INSURANCE EVENT, LEADERSHIP SYMPOSIUM, AND THE ANNUAL INTERNATIONAL CONFERENCE. FROM 2021-2023, THE REGIONAL CONFERENCE SERIES REACHED OVER 650 STUDENTS. THE LEADERSHIP SYMPOSIUM BROUGHT IN NEARLY 400-CHAPTER PRESIDENTS AND OFFICERS. THE ANNUAL CONFERENCE REACHED NEARLY 1,500 STUDENTS. THE ALLIES IN INSURANCE EVENT BRINGS STUDENTS AND INDUSTRY TOGETHER TO DISCUSS HOW TO BE AN EFFECTIVE ALLY. THE EVENT ALSO PROVIDES RESOURCES FOR INTERNATIONAL STUDENTS, EMPLOYEE RESOURCE GROUPS, AND MUCH MORE, REACHING HUNDREDS OF STUDENTS OVER THE PAST THREE YEARS. 340599 37670 112439 MEMBERSHIP AND CHAPTER OPERATIONS:GAMMA IOTA SIGMA PRODUCES STUDENT NEWSLETTERS, INDUSTRY NEWSLETTERS AND OTHER PUBLICATIONS. IN 2022, CAREER GUIDANCE OFFICE HOURS WERE ADDED AS A RESOURCE ALLOWING BOARD OF TRUSTEES AND ADVISORY COUNCIL MEMBERS THE OPPORTUNITY TO MENTOR STUDENTS ON THEIR CAREER JOURNEYS. THE SPEAKERS BUREAU WAS DEVELOPED AS A RESOURCE FOR CHAPTERS LOOKING FOR INDUSTRY SPEAKERS AND SUBJECT MATTER EXPERTS TO PRESENT TO THEIR CHAPTERS. MINORITY SERVING INSTITUTION ROUNDTABLES WERE IMPLEMENTED AND REACHED UPWARDS OF 25 HBCU'S, HISPANIC SERVING INSTITUTIONS AND COMMUNITY COLLEGES. DEI OFFICERS WERE ADDED TO GIS CHAPTERS AND DIVERSITY, EQUITY, AND INCLUSION WAS PRIORITIZED WITH STUDENT LEADERS THROUGH INCREASED AWARENESS, TRAINING, AND EXPOSURE. 820451 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 1 0 0 CA X GRACE GRANT 4849914471 PO BOX 1744 POWELL OH 43065 GRACE GRANT EXECUTIVE DIRECTOR 40.00 X X 163750 0 0 CARRIE BUSIC PRESIDENT 1.00 X X 0 0 0 STEPHEN MAROHN IMMEDIATE PAST PRESIDENT 1.00 X X 0 0 0 MICHAEL KLEIN EXECUTIVE VICE PRESIDENT 1.00 X X 0 0 0 BRADY KELLEY VICE PRESIDENT 1.00 X X 0 0 0 NICK ABRAHAM TREASURER 1.00 X X 0 0 0 MATT HEIMSTEAD SECRETARY 1.00 X X 0 0 0 JILL BISCO TRUSTEE 1.00 X 0 0 0 BARBARA BUFKIN TRUSTEE 1.00 X 0 0 0 STEPHANIE DUNSTAN TRUSTEE 1.00 X 0 0 0 WILL GILCHRIST TRUSTEE 1.00 X 0 0 0 MICHAEL HAWKINS TRUSTEE 1.00 X 0 0 0 FLORENT NDINDJOCK TRUSTEE 1.00 X 0 0 0 JOHN SMITH TRUSTEE 1.00 X 0 0 0 ZANE SMITH TRUSTEE 1.00 X 0 0 0 163750 0 0 1 0 1 0 0 271357 271357 PARTNER DUES 900099 1124850 1124850 CHAPTER MEMBERSHIP DUE 900099 76825 76825 CONFERENCES 900099 35182 35182 CHAPTER CHARTERING 900099 5000 5000 30614 30614 1272471 7116 7116 1550944 1272471 0 7116 37670 37670 163750 88143 44600 31007 297214 159981 80953 56280 31038 16707 8454 5877 35545 19133 9681 6731 525 525 42675 42675 1724 1724 12897 11009 1691 197 6269 1274 4995 23403 15192 7114 1097 27336 10068 15653 1615 30599 28853 247 1499 425607 425607 5710 4111 1085 514 BAD DEBT EXPENSE 2703 2703 1144665 820451 219397 104817 434496 157961 297 501173 100000 175000 57085 67270 0 57155 177167 192199 42425 811470 1150758 4547 5585 90000 53880 94547 59465 X 616923 916293 100000 175000 716923 1091293 811470 1150758 406279 -31909 0 X X 0 1 X 1 0 X 73610 229728 249992 126045 271357 950732 964547 1064305 936987 977851 1272471 5216161 1038157 1294033 1186979 1103896 1543828 6166893 683 683 182850 177238 232800 416205 325747 1334840 182850 177238 232800 416205 326430 1335523 4831370 1852 2006 1864 2927 7116 15765 1852 2006 1864 2927 7116 15765 4983 1575 1175 20159 27892 1044992 1297614 1190018 1126982 1550944 6210550 0.77790 0.84810 0.00250 0.00160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1517311 -31909 -31909 1549220 1724 1724 1550944 1142941 0 1142941 1724 1724 1144665 PART X, LINE 2: GAMMA IOTA SIGMA HAS BEEN GRANTED EXEMPTION FROM INCOME TAXES BY THE INTERNAL REVENUE SERVICE UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE GAMMA IOTA SIGMA FOUNDATION'S SECTION 501(C)(3) STATUS WAS STILL PENDING AS OF DECEMBER 31, 2022. ASC TOPIC 740, INCOME TAXES, PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE, AND TRANSITION. MANAGEMENT BELIEVES THAT NO MATERIAL UNCERTAIN TAX POSITIONS EXIST FOR THE ORGANIZATIONS AS OF DECEMBER 31, 2022. THE ORGANIZATIONS ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2019. X X 0 0 0 0 0 1 0 1 0 GRACE GRANT EXECUTIVE DIRECTOR 113775 0 35000 0 14975 0 0 0 0 0 163750 0 0 0 PART I, LINE 6 THE EXECUTIVE DIRECTOR'S ANNUAL BONUS, AS DESCRIBED IN LINE 7, IS CONTINGENT UPON MEETING PRESCRIBED FUNDRAISING TARGETS. IF THOSE TARGETS ARE NOT MET, NO BONUS IS PAID. PART I, LINE 7 THE EXECUTIVE DIRECTOR IS ELIGIBLE TO RECEIVE AN ANNUAL MERIT-BASED BONUS AS DETERMINED BY THE COMPENSATION COMMITTEE AND REVIEWED/APPROVED BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PROVIDED TO BOARD PRESIDENT AND TREASURER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY A COMMITTEE COMPRISED OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE FINANCE AND AUDIT COMMITTEE SHALL BE APPOINTED BY THE MEMBERS OF THE EXECUTIVE COMMITTEE AND SHALL CONSIST OF AT LEAST FOUR (4) TRUSTEES OR ADVISORY COUNCIL MEMBERS. THE FINANCE AND AUDIT COMMITTEE SHALL REVIEW THE CORPORATION'S FINANCIAL STATEMENTS AND HAVE OVERSIGHT OF THE INDEPENDENT AUDITOR. THE COMMITTEE SHOULD PROVIDE INPUT AND GUIDANCE AROUND FINANCIAL REPORTING AND INTERNAL CONTROLS, ALONG WITH FINANCIAL ETHICS AND COMPLIANCE.