Civic Intelligence

Business for Social Responsibility

EIN 52-1764268 • 501(c)3 • San Francisco, CA

Profile

Bsr is a global nonprofit organization that works with its network of more than 300 member companies to build a just and sustainable world. From its offices in asia, europe, and north america, bsr develops sustainable business strategies and solutions.

220 Montgomery Street 17th FloorSan Francisco, CA 94104

www.bsr.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.50x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

60th percentile

0.40x

Higher debt load relative to revenue than 60% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

19th percentile

-7.1%

Higher net margin than 19% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

88th percentile

$645,491

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

6th percentile

-14%

Faster asset growth than 6% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

18th percentile

-8.8%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Down

$30,004,193

Down $4,775,236 (-14%) from 2023

Liabilities

Down

$15,025,745

Down $1,908,570 (-11%) from 2023

Net Assets

Down

$14,978,448

Down $2,866,666 (-16%) from 2023

Revenue

Down

$37,966,283

Down $3,679,853 (-8.8%) from 2023

Expenses

Up

$40,677,512

Up $1,048,687 (+2.6%) from 2023

Net Income

Down

-$2,711,229

Down $4,728,540 (-234%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2010: $6,691,134Liabilities 2010: $5,129,538Net Assets 2010: $1,561,5962010Assets 2011: $8,005,203Liabilities 2011: $6,393,458Net Assets 2011: $1,611,7452011Assets 2012: $8,348,891Liabilities 2012: $6,224,398Net Assets 2012: $2,124,4932012Assets 2013: $9,717,199Liabilities 2013: $6,280,335Net Assets 2013: $3,436,8642013Assets 2014: $11,120,997Liabilities 2014: $6,985,580Net Assets 2014: $4,135,4172014Assets 2015: $18,298,719Liabilities 2015: $8,988,176Net Assets 2015: $9,310,5432015Assets 2016: $18,328,692Liabilities 2016: $11,159,028Net Assets 2016: $7,169,6642016Assets 2017: $15,793,834Liabilities 2017: $11,240,310Net Assets 2017: $4,553,5242017Assets 2018: $14,043,343Liabilities 2018: $9,883,398Net Assets 2018: $4,159,9452018Assets 2019: $18,373,333Liabilities 2019: $11,887,093Net Assets 2019: $6,486,2402019Assets 2020: $21,494,139Liabilities 2020: $13,281,305Net Assets 2020: $8,212,8342020Assets 2021: $23,283,625Liabilities 2021: $12,711,800Net Assets 2021: $10,571,8252021Assets 2022: $32,435,759Liabilities 2022: $16,598,608Net Assets 2022: $15,837,1512022Assets 2023: $34,779,429Liabilities 2023: $16,934,315Net Assets 2023: $17,845,1142023Assets 2024: $30,004,193Liabilities 2024: $15,025,745Net Assets 2024: $14,978,4482024

Highlighted filing

2024

Assets$30,004,193
Liabilities$15,025,745
Net Assets$14,978,448

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $14,703,3842010Expenses 2011: $18,130,8072011Expenses 2012: $20,068,2772012Revenue 2013: $20,287,623Expenses 2013: $18,975,247Net Income 2013: $1,312,3762013Revenue 2014: $20,611,594Expenses 2014: $19,913,042Net Income 2014: $698,5522014Revenue 2015: $26,198,589Expenses 2015: $21,023,463Net Income 2015: $5,175,1262015Revenue 2016: $21,205,155Expenses 2016: $23,133,914Net Income 2016: -$1,928,7592016Revenue 2017: $22,277,576Expenses 2017: $25,001,105Net Income 2017: -$2,723,5292017Revenue 2018: $26,614,923Expenses 2018: $26,918,780Net Income 2018: -$303,8572018Revenue 2019: $30,858,266Expenses 2019: $28,469,742Net Income 2019: $2,388,5242019Revenue 2020: $28,419,762Expenses 2020: $26,600,241Net Income 2020: $1,819,5212020Revenue 2021: $33,746,077Expenses 2021: $30,464,755Net Income 2021: $3,281,3222021Revenue 2022: $41,991,754Expenses 2022: $36,600,284Net Income 2022: $5,391,4702022Revenue 2023: $41,646,136Expenses 2023: $39,628,825Net Income 2023: $2,017,3112023Revenue 2024: $37,966,283Expenses 2024: $40,677,512Net Income 2024: -$2,711,2292024

Highlighted filing

2024

Revenue$37,966,283
Expenses$40,677,512
Net Income-$2,711,229

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$30.0$15.0$15.0$38.0$40.7$2.71
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.8$16.9$17.8$41.6$39.6$2.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.4$16.6$15.8$42.0$36.6$5.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.3$12.7$10.6$33.7$30.5$3.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.5$13.3$8.21$28.4$26.6$1.82
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.4$11.9$6.49$30.9$28.5$2.39
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.0$9.88$4.16$26.6$26.9$0.30
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.8$11.2$4.55$22.3$25.0$2.72
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.3$11.2$7.17$21.2$23.1$1.93
2015Detailed filing. Detailed filing data is available for this year.$18.3$8.99$9.31$26.2$21.0$5.18
2014Detailed filing. Detailed filing data is available for this year.$11.1$6.99$4.14$20.6$19.9$0.70
2013Detailed filing. Detailed filing data is available for this year.$9.72$6.28$3.44$20.3$19.0$1.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.35$6.22$2.12$20.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.01$6.39$1.61$18.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.69$5.13$1.56$14.7
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 7, 2025
Return Version
2024v5.2
Gross Receipts
$37,966,283
Mission and Program Overview

Mission

Bsr is a global nonprofit organization that works with its network of more than 300 member companies to build a just and sustainable world. From its offices in asia, europe, and north and south america, bsr develops sustainable business strategies and solutions.

To work with business to create a just and sustainable world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$15,558,996$13,985,038▼ $1,573,958
Accounts Receivable$5,250,463$6,392,971▲ $1,142,508
Pledges and Grants Receivable$7,763,185$4,150,272▼ $3,612,913
Savings and Temporary Cash Investments$343,417$384,111▲ $40,694
Prepaid Expenses and Deferred Charges$519,627$322,302▼ $197,325
Land, Buildings, and Equipment, Net$257,448$102,838▼ $154,610
Total Assets$34,779,429$30,004,193▼ $4,775,236
Other Assets Total$5,086,293$4,666,661▼ $419,632
Liabilities
Deferred Revenue$12,296,212$11,532,395▼ $763,817
Other Liabilities$3,912,426$3,068,088▼ $844,338
Accounts Payable and Accrued Expenses$725,677$425,262▼ $300,415
Total Liabilities$16,934,315$15,025,745▼ $1,908,570
Net Assets / Fund Balance
Net Assets With Donor Restrictions$11,968,601$8,914,257▼ $3,054,344
Net Assets Without Donor Restrictions$5,876,513$6,064,191▲ $187,678
Total Net Assets Fund Balance$17,845,114$14,978,448▼ $2,866,666
Total Liabilities and Net Assets / Fund Balance$34,779,429$30,004,193▼ $4,775,236

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$16,966$921,852$938,818
Equipment$82,263$570,843$653,106
Leasehold Improvements$3,609$195,071$198,680
Other Assets Org$303,350--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Aron CramerPresident & CEOFT$487,118$158,373$645,491
Mike ZeitounyCFOFT$347,977$120,763$468,740
Laura S GitmanCIOFT$310,776$119,749$430,525
Matthew WelchCOOFT$298,564$103,632$402,196
Jenny Vaughan - ManagingDirector, Human RightsFT$218,085$69,740$287,825
David E Stearns - ManagingDirector, Marketing & CommunicationFT$241,550$45,489$287,039
Jennifer Stark - Co-directorCenter for Business & Soc. JusticeFT$231,826$48,054$279,880
Chhavi Ghuliani - ManagingDirector, Partnership DevelopmentFT$198,920$71,309$270,229
Katrina FraciscoDirector, Reporting and SystemsFT$175,832$50,414$226,246

Board Members and Trustees

NameTitle
Alessandro CarlucciBoard Chair
Adam WerbachBoard Director
Kate BrandtBoard Director
Laurence PessezBoard Director
Pek Siok LanBoard Director
Rose Stuckey KirkBoard Director
Susan Mac CormacBoard Director

Highest Paid Contractors

ContractorServicesLocationCompensation
TransitionsImplementation Contractor199 STATE STREET PHA, Brooklyn, NY 11201, Fr$1,209,349
Mcpherson Strategies LLCImplementation Contractor1450 FRANKLIN ST 605, San Francisco, CA 94109, Cb$283,373
Dunstan Hope Consulting LLCImplementation Contractor2600 N CENTRAL AVE SUITE 1100, Phoenix, AZ 85004$261,815
Cambodian Women For Peace And DevelopmenImplementation Contractor-$245,663
Trapp TechnologyIt Service Desk Support-$203,495
Revenue and Support

Revenue Composition

Contributions and Grants
$3,982,921
Program Service Revenue
$33,967,816
Investment Income
$13,718
Other Revenue
$1,828
All Other Contributions
$3,982,921
Change in Net Assets
$-2,711,229
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$29,049,143
Other Expenses$11,628,369
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$17,185,440$3,134,110-$20,319,550
Fees for Services Management$5,494,734$409,020-$5,903,754
Payroll Taxes$2,977,552$317,281-$3,294,833
Other Employee Benefits$2,049,078$553,637-$2,602,715
Current Officers, Directors, Trustees, and Key Employees-$1,944,953-$1,944,953
Occupancy$87,488$1,471,807-$1,559,295
Information Technology$251,725$952,747-$1,204,472
Travel$903,612$47,833-$951,445
Pension Plan Contributions$750,009$137,083-$887,092
Conferences and Meetings$228,846$28,827-$257,673
Fees for Services Accounting$28,746$213,794-$242,540
Insurance-$220,286-$220,286
Fees for Services Legal$31,368$186,473-$217,841
Depreciation Depletion-$190,284-$190,284
Office Expenses$37,628$147,128-$184,756
Other Expenses$55,300$125,028-$55,300
Advertising$18,617$3,089-$21,706
All Other Expenses$9,040--$9,040
Total Functional Expenses$30,372,814$10,304,698$0$40,677,512
International Activity

International Summary

Offices
7
Employees
76
Spending
$13,465,485

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumProgram ServicesMembership, Management Consulting, Research257$11,028,942
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Program ServicesMembership, Management Consulting, Research519$2,436,543
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease$3,068,088
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is completed by the organization's independent accountant and reviewed by the cfo, controller, treasurer, and audit committee. The final form 990 is provided to the board for their review prior to filing.

Form 990, Part VI, Section B, Line 12C

Bsr's conflicts of interest policy applies to the board of directors and officers. The board of directors reviews any potential conflicts of interest on an annual basis. Appropriate corrective action will be taken by the board to ensure that a conflict or potential conflict does not occur. All officers and board members are required to review and sign an annual conflict of interest disclosure form each year.

Form 990, Part VI, Section B, Line 15

Compensation for the ceo and cfo is reviewed and established by the board following a review of data from comparable organizations. Board members are independent with respect to the employees for whom compensation is being established. The compensation decision is documented by the board. This process is performed annually and was last performed in 2024.

Form 990, Part VI, Section C, Line 19

The organization's financial statements and form 990 are available on the organization's website. The organization makes its governing documents and conflict of interest policy available upon request for the same period of disclosure as set forth in section 6104(d).

Filing and Contact Details

Filer

Filer Name
Business for Social Responsibility
EIN
52-1764268
Phone
4159843205
Address
220 MONTGOMERY STREET 17TH FLOOR, SAN FRANCISCO, CA 94104

Signing Officer

Name
Mike Zeitouny
Title
CFO
Phone
4159843205
Signed
2025-10-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aron Cramer
Formed
1991
Legal Domicile
Dc
Voting Board Members
8
Independent Board Members
7
Employees
164
Volunteers
7

Preparer

Firm
Rsm US Llp
Address
920 5TH AVENUE SUITE 2800, SEATTLE, WA 98104
Preparer
Sue Robison
Phone
2062814444
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Foreign currency translation -155,437.

Financial Statement Notes

PART X, LINE 2:

Bsr has been granted tax-exempt status under section 501(c)(3) of the internal revenue code (irc), under section 1(d) of title ii of the district of columbia department of finance and revenue code, and under section 2370l(d) of the california revenue and taxation code and generally is not subject to state or federal income taxes. Taxes are paid on unrelated business income that arises from certain consulting services. The subsidiaries and hong kong branch of bsr are all subject to income taxes in foreign jurisdictions. The chinese subsidiary is a wholly foreign-owned enterprise and the french subsidiary is a 1901 association. Income tax expense is recorded based on management's estimates of tax liability in those jurisdictions. Tax expense recorded for foreign jurisdictions during the years ended december 31, 2024 and 2023, amounted to $16,358 and $310,137, respectively. Bsr reviews and assesses tax positions taken or expected to be taken against the more likely than not recognition threshold and measurement attributes for recognition in the consolidated financial statements. Bsr's policy for evaluating uncertain tax positions is a two-step process. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates that it is more likely than not that the position will be sustained upon audit, including resolution of related appeals or litigations processes, if any. The second step is to measure the tax benefit or liability as the largest amount that is more than 50 percent likely to be realized or incurred upon settlement. As bsr is exempt from taxation under section 501(c)(3) of the irc and is generally not subject to federal or state income taxes, the tax positions taken or expected to be taken by bsr have not had a material impact on the consolidated financial statements. There was no tax expense recorded for unrelated business income tax (ubit) during the years ended december 31, 2024 and 2023.

Raw XML AppendixShowing 400 of 823 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
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IRS990/AccountsReceivableGrp/EOYAmt06392971
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO WORK WITH BUSINESS TO CREATE A JUST AND SUSTAINABLE WORLD.
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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4TRAPP TECHNOLOGY
IRS990/ContractorCompensationGrp/ServicesDesc0IMPLEMENTATION CONTRACTOR
IRS990/ContractorCompensationGrp/ServicesDesc1IMPLEMENTATION CONTRACTOR
IRS990/ContractorCompensationGrp/ServicesDesc2IMPLEMENTATION CONTRACTOR
IRS990/ContractorCompensationGrp/ServicesDesc3IMPLEMENTATION CONTRACTOR
IRS990/ContractorCompensationGrp/ServicesDesc4IT SERVICE DESK SUPPORT
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IRS990/Form990PartVIISectionAGrp/PersonNm12DAVID E STEARNS - MANAGING
IRS990/Form990PartVIISectionAGrp/PersonNm13JENNIFER STARK - CO-DIRECTOR
IRS990/Form990PartVIISectionAGrp/PersonNm14CHHAVI GHULIANI - MANAGING
IRS990/Form990PartVIISectionAGrp/PersonNm15KATRINA FRACISCO
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt8CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt9CIO
IRS990/Form990PartVIISectionAGrp/TitleTxt10COO
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR, HUMAN RIGHTS
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR, MARKETING & COMMUNICATION
IRS990/Form990PartVIISectionAGrp/TitleTxt13CENTER FOR BUSINESS & SOC. JUSTICE
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR, PARTNERSHIP DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR, REPORTING AND SYSTEMS
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IRS990/MissionDesc0BSR IS A GLOBAL NONPROFIT ORGANIZATION THAT WORKS WITH ITS NETWORK OF MORE THAN 300 MEMBER COMPANIES TO BUILD A JUST AND SUSTAINABLE WORLD. FROM ITS OFFICES IN ASIA, EUROPE, AND NORTH AMERICA, BSR DEVELOPS SUSTAINABLE BUSINESS STRATEGIES AND SOLUTIONS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0HUMAN RIGHTS BSR'S HUMAN RIGHTS EXPERTS ENGAGE WITH A NETWORK OF PARTNERS FROM BUSINESS AND CIVIL SOCIETY TO HELP COMPANIES IN ALL SECTORS TO MEET AND EXCEED GLOBAL HUMAN RIGHTS STANDARDS. BSR'S HUMAN RIGHTS ADVISORY SERVICES ARE PRAGMATIC AND FORWARD-LOOKING, MEETING COMPANIES WHERE THEY ARE ON THEIR HUMAN RIGHTS JOURNEY AND TAILORING RECOMMENDATIONS TO THE SPECIFIC NEEDS OF EACH INDUSTRY AND THE COMPLEXITIES OF LOCAL CONTEXTS. BSR HELPS COMPANIES TO UNDERSTAND AND NAVIGATE THE INCREASINGLY FRAGMENTED GLOBAL HUMAN RIGHTS LANDSCAPE, PREPARE TO COMPLY WITH EMERGING LEGISLATION, AND PARTNER ACROSS THEIR VALUE CHAINS TO COLLABORATIVELY MANAGE HUMAN RIGHTS ISSUES AND ADDRESS THE SYSTEMIC CAUSES OF HUMAN RIGHTS HARM.
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IRS990/ProgSrvcAccomActy3Grp/Desc0CLIMATE AND NATURE BSR'S CLIMATE AND NATURE TEAM SUPPORTS COMPANY EFFORTS TO BUILD BUSINESS RESILIENCE AND STRENGTHEN LONG-TERM VALUE CHAIN STABILITY, WHILE ENABLING A HEALTHY PLANET AND A JUST FUTURE FOR ALL. WE HELP COMPANIES TO ASSESS THEIR CLIMATE AND NATURE RISKS, TO IDENTIFY AND IMPLEMENT STRATEGIC NATURE PRESERVATION AND CLIMATE ADAPTATION EFFORTS, AND SUPPORT THE DEVELOPMENT AND IMPLEMENTATION OF TRANSITION PLANS TO PURSUE NEW BUSINESS OPPORTUNITIES AND COMPLY WITH REGULATORY REQUIREMENTS.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0INCLUSIVE BUSINESS, SUSTAINABILITY MANAGEMENT, MEMBERSHIP, GENERAL PROGRAM
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