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Nonprofiteer
← BETA UPSILON CHI OPERATIONAL

Form 990 for tax year 2023

Filed by BETA UPSILON CHI OPERATIONAL.

Totals

Total revenue
$4,833,243
Total expenses
$5,396,605
Contributions and grants received
$4,084,838
Grants paid
$36,782
Program service revenue
$544,290
Investment income
$8,996
Other revenue
$195,119
Total assets, end of year
$1,069,602
Total liabilities, end of year
$332,298
Net assets or fund balances, end of year
$737,304
Program services expenses (Part IX)
$3,435,615
Management and general expenses
$1,943,744
Fundraising expenses
$17,246
Program service expenses (Part III)
$3,435,615

Program services were 63.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $3,365,666

  • 1f · All other contributions, gifts and grants

    $719,172

  • 2a · Program service revenue: HOUSING

    total $544,290 · related or exempt $544,290

  • 3 · Investment income

    total $8,996 · excluded $8,996

  • 8a · Fundraising events: gross income

    $221,438

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $221,438 · excluded $221,438

  • 10a · Gross sales of inventory

    $17,102

  • 10b · Cost of goods sold

    $43,421

  • 10c · Net income from sales of inventory

    total -$26,319 · excluded -$26,319

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $36,782 · program services $36,782

  • 5 · Compensation of officers, directors and key employees

    total $87,185 · program services $69,748 · management and general $17,437

  • 7 · Other salaries and wages

    total $311,354 · program services $249,083 · management and general $62,271

  • 9 · Other employee benefits

    total $2,400 · program services $1,920 · management and general $480

  • 11b · Fees: legal

    total $153,750 · program services $30,750 · management and general $123,000

  • 11c · Fees: accounting

    total $28,976 · program services $5,795 · management and general $23,181

  • 12 · Advertising and promotion

    total $6,668 · program services $1,334 · management and general $5,334

  • 13 · Office expenses

    total $952,385 · program services $190,477 · management and general $761,908

  • 14 · Information technology

    total $16,939 · program services $3,388 · management and general $13,551

  • 16 · Occupancy

    total $575,355 · program services $575,355

  • 17 · Travel

    total $57,279 · program services $57,279

  • 19 · Conferences, conventions and meetings

    total $3,981 · program services $796 · management and general $3,185

  • 23 · Insurance

    total $27,581 · program services $5,516 · management and general $22,065

  • 24a · Other expenses: CHAPTER EVENTS, ACTIVIT

    total $1,724,591 · program services $1,707,345 · fundraising $17,246

  • 24b · Other expenses: NATIONAL MEMBERSHIP DUE

    total $907,661 · management and general $907,661

  • 24c · Other expenses: HOUSING RELATED EXPENSE

    total $500,047 · program services $500,047

  • 24d · Other expenses: CHAPTER FINES

    total $3,671 · management and general $3,671

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,121,032 · end of year $594,701

  • 2 · Savings and temporary cash investments

    beginning of year $320,813 · end of year $356,977

  • 15 · Other assets

    beginning of year $140,840 · end of year $117,924

  • 25 · Other liabilities

    beginning of year $253,871 · end of year $332,298

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,328,814 · end of year $737,304

Mission and programs · 2023

Mission

BETA UPSILON CHI EXISTS TO ESTABLISH BROTHERHOOD AND UNITY AMONG COLLEGE MEN BASED ON THE COMMON BOND OF JESUS CHRIST.

Activities or mission (Part I)

TO ESTABLISH BROTHERHOOD AND UNITY AMONG COLLEGE MEN BASED ON THE COMMON BOND OF JESUS CHRIST.

  • WEEKLY MEETINGS TO AID IN THE DEVELOPMENT OF CHRISTIAN BROTHERHOOD AMONG COLLEGE AGED MEN ON UNIVERSITY CAMPUSES. TOTAL NUMBER OF PARTICIPANTS - 2,400

    Expenses $1,228,223 · Grants $36,782

  • TO PROVIDE HOUSING TO THE MEMBERS OF BETA UPSILON CHI.

    Expenses $500,047 · Revenue $544,290

  • SOCIAL EVENTS - 100+ SOCIAL EVENTS AT A VARIETY OF CAMPUSES TO ACHIEVE CHRISTIAN BROTHERHOOD.

    Expenses $1,707,345

As filed on the 2023 return.

Listed in Part VII

  • Gabe McKinney

    EXECUTIVE DIRECTOR OF FRATERNITY

    Total calculated
    $83,935
    From this org
    $83,935
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Wendel Weaver

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Will Bowen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Mason Taylor

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Patrick Coussens

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Cameron Church

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Christian Pinkston

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Preston Morris

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Joseph Williams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Trevor Joy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
27 May 2025
IRS schema version
2023v6.0
Source object
202511509349301211

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