2024-11-15T06:46:38-06:00 2023-12-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2023-01-01 871675373 PITTSBURGH MINORITY BUSINESS ACCELERATOR PITT 4122297695 4955 STEUBENVILLE PIKE 300 PITTSBURGH PA 15205 JOEL BURSTEIN CEO 4122297695 2024-11-14 1 0 SARAH R PIOT P01358891 4122613644 2023 2024-10-15 13:58:12Z BEAM COLLABORATIVE JOEL BURSTEIN JR 4955 STEUBENVILLE PIKE 300 PITTSBURGH PA 15205 1149289 0 X BEAMCOLLABORATIVE.ORG X 2021 PA BEAM COLLABORATIVE WORKS WITH ECONOMICALLY CHALLENGED BUSINESSES AND WELL-ESTABLISHED ANCHOR INSTITUTIONS IN SOUTHWESTERN PENNSYLVANIA TO BUILD A MORE EQUITABLE AND RESILIENT BUSINESS ENVIRONMENT. BEAM STARTS WITH DEEP ANALYSIS OF THE PROCUREMENT DATA FROM A DOZEN OF THE PITTSBURGH REGION'S LARGE ANCHOR INSTITUTIONS WHO ARE DRIVING THE LOCAL ECONOMY, AND PAIRS IT WITH DEVELOPMENT COACHING AND CAPACITY-BUILDING FOR LOCAL MINORITY-OWNED BUSINESSES. USING THIS UNIQUE AND DATA-INFORMED MODEL, BEAM TAPS INTO THE POTENTIAL OF THE MINORITY BUSINESS COMMUNITY, EFFECTIVELY ADDRESSING SUPPLIER CHALLENGES AND IMPROVING SUPPLIER DIVERSITY, LOCAL HIRING, TRAINING AND GROWTH. 9 9 4 9 0 0 1220000 1056500 0 92062 0 727 0 0 1220000 1149289 0 3070 0 0 505889 592411 0 0 0 224140 251638 730029 847119 489971 302170 492102 847341 2131 55200 489971 792141 X BEAM COLLABORATIVE WORKS WITH ECONOMICALLY CHALLENGED BUSINESSES AND WELL-ESTABLISHED ANCHOR INSTITUTIONS IN SOUTHWESTERN PENNSYLVANIA TO BUILD A MORE EQUITABLE AND RESILIENT BUSINESS ENVIRONMENT. SEE CONTINUATION ON SCHEDULE O.BEAM STARTS WITH DEEP ANALYSIS OF THE PROCUREMENT DATA FROM A DOZEN OF THE PITTSBURGH REGION'S LARGE ANCHOR INSTITUTIONS WHO ARE DRIVING THE LOCAL ECONOMY, AND PAIRS IT WITH DEVELOPMENT COACHING AND CAPACITY-BUILDING FOR LOCAL MINORITY-OWNED BUSINESSES. USING THIS UNIQUE AND DATA-INFORMED MODEL, BEAM TAPS INTO THE POTENTIAL OF THE MINORITY BUSINESS COMMUNITY, EFFECTIVELY ADDRESSING SUPPLIER CHALLENGES AND IMPROVING SUPPLIER DIVERSITY, LOCAL HIRING, TRAINING AND GROWTH. 0 0 691404 3070 92062 BEAM HAS ENGAGED WITH 25 MINORITY OWNED BUSINESSES THROUGHOUT THE FISCAL YEAR GENERATING OVER $2.5 MILLION IN DIVERSE SPEND IN THE REGION.BEAM COLLABORATIVE WAS ABLE TO SECURE CONTRACTS WITH FOUR AREA COMPANIES THROUGH OUR IDEATION SESSION WORK. MORE THAN 50 IDEAS WERE GENERATED WITH 24 PROBLEMS BEING REFINED AND 12 ACTIVELY IN PROCESS WITH MINORITY OWNED BUSINESSES. SEE CONTINUATION ON SCHEDULE O. 691404 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 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 7 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 0 1 1 0 PA X JOEL BURSTEIN 4122297695 4955 STEUBENVILLE PIKE STE 300 PITTSBURGH PA 15205 WILL ALLEN CHAIR 2.00 0.00 X X 0 0 0 PATRICIA WARRICK SECRETARY 2.00 0.00 X X 0 0 0 ANGELA BLANTON DIRECTOR 2.00 0.00 X 0 0 0 BLAYRE BRITTON DIRECTOR 2.00 0.00 X 0 0 0 ROBERT CHERRY DIRECTOR 2.00 0.00 X 0 0 0 JASON HAZELWOOD DIRECTOR 2.00 0.00 X 0 0 0 MAJESTIC LANE DIRECTOR 2.00 0.00 X 0 0 0 DAVID MALONE DIRECTOR 2.00 0.00 X 0 0 0 SHON YATES DIRECTOR 2.00 0.00 X 0 0 0 JOEL BURSTEIN CEO 40.00 0.00 X 199738 0 21724 JOSEPH MASSARO III CSO 40.00 0.00 X 195023 0 7744 394761 0 29468 2 0 1 0 0 1056500 1056500 ANCHOR REVENUE 900099 92062 92062 92062 727 727 1149289 92062 0 727 X 3070 3070 424229 339383 84846 120018 96015 24003 9249 7399 1850 38915 31132 7783 26227 26227 157611 128475 29136 1730 1384 346 27316 27316 5151 4121 1030 18480 14784 3696 15023 12018 3005 100 80 20 847119 691404 155715 0 492102 614531 175356 40000 0 12648 0 4806 492102 847341 999 37700 0 17500 1132 0 2131 55200 X 489971 663408 128733 489971 792141 492102 847341 302170 0 X 0 1 X 0 0 X 1220000 1056500 2276500 1220000 1056500 2276500 363365 1913135 727 727 2277227 92062 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1158904 9615 9615 1149289 0 1149289 856734 9615 9615 847119 0 847119 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS RECOGNIZED THE ORGANIZATION AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS FURTHER CLASSIFIED THE ORGANIZATION AS AN ORGANIZATION WHICH IS NOT A PRIVATE FOUNDATION. ACCORDINGLY, A PROVISION FOR FEDERAL OR STATE INCOME TAX IS NOT REQUIRED. X X X 0 0 0 0 0 0 0 0 0 JOEL BURSTEIN CEO 199738 0 0 0 0 0 8050 0 13674 0 221462 0 0 0 JOSEPH MASSARO III CSO 195023 0 0 0 0 0 7313 0 431 0 202767 0 0 0 FORM 990, PART III, LINE 4A IN SEPTEMBER, WE LAUNCHED THE BEAM PROCUREMENT COLLABORATIVE WITH 13 ANCHOR CORPORATIONS, INSTITUTIONS AND GOVERNMENTAL ORGANIZATIONS PARTICIPATING. THEY ARE CURRENTLY ENGAGED BY PROVIDING TWO YEARS WORTH OF THEIR SPEND DATA, LEARNING HOW TO MAKE ADJUSTMENTS TO THEIR PROCUREMENT PROCESSES AND BEING MORE TARGETED WITH THEIR DIVERSE SPENDING EFFORTS. BEAM HAS MET WITH THE BROOKINGS INSTITUTE TO FURTHER EVALUATE OUR DATA ANALYTICS FOR NATIONAL PUBLICATION. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS REVIEWED INTERNALLY BY THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HIRED AN INDEPENDENT CONSULTANT THAT REVIEWED THE COMPENSATION LEVELS OF SIMILAR NON-PROFITS IN THE MARKEKTPLACE TO PROVIDE SUGGESTED SALARIES FOR THE CHIEF EXECUTIVE AND CHIEF STRATEGIC OFFICERS. THE INDEPENDENT FOUNDERS OF THE ORGANIZATION REVIEWED AND APPROVED THE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROGRAM CONSULTANTS: PROGRAM SERVICE EXPENSES 128,475. MANAGEMENT AND GENERAL EXPENSES 29,136. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 157,611.