BETA ALUMNI ASSOCIATION ANNUAL MEETING

DATE OF MEETING:     10/26/24

LOCATION:                   Zoom – McClain Hall

The Annual Homecoming meeting was held in Kirksville on the weekend of 10/26/24

Three key takeaways from the meeting are as follows –

1. The Chapter will struggle to survive without Alumni participation
2. We are looking for 2 new board members to step up and help guide the future
3. Please pay your dues as we drive toward a stronger year end and fantastic 2025

Old Business

• Dave Waldman recapped the successful August 3^rd and 4^th house cleanout at 1001 S Davis.
  • 75% of the furniture and remaining items were cleared overnight by local residents for re-use and recycling. 
  • A cleaning company was hired to go through the house and give it a sanitizing and thorough scrub for upcoming showings.
  • Special thank you to Joe Kraichely and Tom Witherby for a request for funds to cover the costs of cleaning and the dumpster. 
  • The house is currently listed with Vicki Benson – a RE/MAX broker.

President’s Report

• The Greek system at Truman, especially the fraternities, are downsizing, intentionally or otherwise. 
• Phi Lambs (da Phi) and TKE’s have shuttered since the past school year, leaving ten Fraternities on Campus.  Phi Kaps (pa Tau) showed four actives and AKLs seven as of the Spring 2024 Academic Report.
• It was discussed by Dave Waldman actually attending a Sunday meeting by alums to get involved and participate in the activities as well as being a source for jobs and/or internships.  Meeting times and location need to be provided to move forward.

Goetze Foundation

• No report, other than the Goetze fund is solvent and continues to award scholarships every year. 

Alumni Report

• In 2024, we lost Brother Nathan Frazee (’63) and Brother David Scovitch (’92). 
• Please pray for Brother Mark Kaplan in his health battle and we’re thankful for Brian Weaver’s recovery from oral cancer.
• We have approx. 1,500 Alumni on our Master Contact List, of which less than 300 have validated their contact information within the last two years.
• BAA received Annual Dues from 16 members for the current year.  It’s enough to keep the lights on (necessities - website, storage facility, safe deposit box, etc.), but make it difficult to plan/organize Alumni events or Chapter support.

Financials

Brad Beard reviewed financials as of 10/26/2024.  A full report is attached.

• Total Assets including property and bank accounts                                                  $288,475.82
• Total Liabilities including mortgage and estimated taxes                                          $100,589.28
• Net worth                                                                                                                   $187,886.54
• Monthly Expenses including mortgage, insurance, storage, taxes and utilities            $1,889.64

Board of Directors

• Lloyd Cleaver has requested to resign from the board.
• Steve Elefson has announced he will resign at year’s end.
• Chad Stockel (’92) was nominated and elected to the board.
• All other members of the board were approved to remain on the Board.
• Two positions remain open.  If you know of someone who would be willing to serve, please discuss with current members and bring their names forward. 

Property Update

• The 1001 S. David property remains unsold and has been on the market since February 2023.
• Mike Labeth of Heritage House realty was the listing agent through June 2024.  There have been interested parties, however not one valid (written) offer was received. 
• The house is now listed with Vicki Benson and the price has been lowered to $249,900.  Efforts locally and nationally continue.
• In related active Kirksville real estate, the Phi Lamb house was listed for sale for $175,000 in late Sept/early Oct.