2024-04-12T11:01:44-05:00 2023-05-31 391203191 SVA CERTIFIED PUBLIC ACCTS SC 1221 JOHN Q HAMMONS DRIVE MADISON WI 53717 990 2022-06-01 390164015 BETA BUILDING ASSOCIATION OF MADISON INC BETA 2623647416 PO BOX 394 OAK CREEK WI 53154 JACOB HENTGES TREASURER 2623647416 2024-04-11 1 JACOB HENTGES 999009999 0 DOUGLAS BERRY P00540951 6088318181 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z JACOB HENTGES PO BOX 394 OAK CREEK WI 53154 496100 0 X N/A X 1957 WI HOLDING TITLE TO PROPERTY OF AN EXEMPT ORGANIZATION. X 7 7 0 7 0 0 514404 150983 338878 340234 0 25 420 4858 853702 496100 0 1225 0 0 0 0 0 0 0 410825 312155 410825 313380 442877 182720 3341437 2365382 1158775 0 2182662 2365382 HOLDING TITLE TO PROPERTY OF THE BETA THETA PI CHAPTER OF UW-MADISON. 0 0 313380 BETA BUILDING ASSOCIATION OF MADISON, INC. HELD TITLE TO THE CHAPTER HOUSE OF THE UNIVERSITY OF WISCONSIN-MADISON CHAPTER OF THE BETA THETA PI FRATERNITY THROUGH WHICH THE CHAPTER CARRIES OUT ITS FRATERNAL MISSION. IN MAY 2023, THE ASSOCIATION CONTRIBUTED THE CHAPTER HOUSE TO MENDOTA COURT PRESERVATION, LLC (FEIN 92-3750883) IN EXCHANGE FOR THE MANAGING MEMBER INTEREST IN THE COMPANY. THE PURPOSE OF THE COMPANY IS TO OBTAIN AND LEVERAGE HISTORIC TAX CREDITS TO REHABILITATE THE CHAPTER HOUSE. 313380 0 1 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 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X JACOB HENTGES 2623647416 PO BOX 394 OAK CREEK WI 53154 X MAX LORD PRESIDENT 5.00 X X 0 0 0 BART KOCHA VICE PRESIDENT 2.00 X X 0 0 0 JEFF WHITE ALUMNI RELATIONS 1.00 X 0 0 0 JACOB HENTGES TREASURER 1.00 X X 0 0 0 BOB DOWNING VP OF OPERATIONS 1.00 X 0 0 0 JOHN BOOSALIS SECRETARY 1.00 X X 0 0 0 AUSTIN MOSE ALUMNI RELATIONS 1.00 X 0 0 0 0 0 0 0 0 0 0 0 150983 150983 RENTAL INCOME 531110 338909 338909 PARKING INCOME 812930 1325 1325 340234 25 25 4858 4858 4858 496100 340234 0 4883 1225 1225 6654 6654 229955 229955 ALUMNI RELATIONS 52203 52203 FOOD/MEALS 13281 13281 CREDIT CARD CHARGES 6259 6259 MISC EXPENSE 2953 2953 850 850 313380 313380 0 0 258740 21470 2501 2503 0 1485 0 0 3043239 0 25207 0 11750 2339924 3341437 2365382 11854 0 1124521 0 22400 0 1158775 0 X 2182662 2365382 2182662 2365382 3341437 2365382 182720 0 X X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 MANAGING MEMBER INVESTMENT IN MENDOTA COURT PRESERVATION 2339924 2339924 BETA THETA PI CHAPTER HOUSE LOCATED AT 622 MENDOTA CT, MADISON, WI 53703 2023-05-01 1635000 SEE SCHEDULE N PAGE 3. 923750883 MENDOTA COURT PRESERVATION LLC 3830 E HAZELBRANCH LN OAK CREEK WI 53154 LLC 0 0 1 0 PART II, LINE 2E: PERSON(S) INVOLVED: MAX LORD, BART KOCHA, AND BOB DOWNING PART II, LINE 2E: EXPLANATION OF INVOLVEMENT: THREE OF THE DIRECTORS OF THE ASSOCIATION ARE ALSO MEMBERS OF THE LIMITED LIABILITY COMPANY FORMED TO REHABILITATE THE CHAPTER HOUSE USING HISTORIC TAX CREDITS. THE ASSOCIATION IS THE MANAGING MEMBER OF THE LLC. LINE 1D THE PROPERTY WAS ESTIMATED TO HAVE A FAIR-MARKET VALUE OF $1,635,000 BASED ON PROPERTY TAX VALUATION. THIS AMOUNT WAS ALLOCATED PRO-RATA BASED ON THE NET-BOOK VALUE OF THE ASSETS. THE FAIR-MARKET VALUE HAS BEEN ASSIGNED AS FOLLOWS:BUILDING $734,915EQUIPMENT $45,085LAND $855,000 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD TREASURER REVIEWS THE FORM 990 BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION DOES NOT HAVE A CONFLICT OF INTEREST POLICY. PART XII, LINE 1 THE FINANCIAL STATEMENTS OF THE ASSOCIATION HAVE BEEN PREPARED USING A MODIFIED CASH BASIS OF ACCOUNTING WHERE CAPITALIZED PROPERTY AND EQUIPMENT ARE NOT DEPRECIATED OVER THEIR USEFUL LIVES. MENDOTA COURT PRESERVATION LLC 3830 E HAZELBRANCH LN OAK CREEK WI 53154 923750883 REHABILITATION OF CHAPTER HOUSE OF BETA THETA PI WI BETA BUILDING ASSOCIATION OF MADISON INC RELATED 2339924 1 1 0.01000 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0