2025-11-17T10:12:40-06:00 2024-12-31 251638525 GROSSMAN YANAK & FORD LLP 444 LIBERTY AVENUE SUITE 500 PITTSBURGH PA 15222 990 2024-01-01 871675373 PITTSBURGH MINORITY BUSINESS ACCELERATOR PITT 4122297695 4955 STEUBENVILLE PIKE 300 PITTSBURGH PA 15205 JOEL BURSTEIN JR CEO 4122297695 2025-11-06 1 1 RICHARD E DYNOSKE P00095538 4123389300 2024 2025-03-06 01:10:19Z BEAM COLLABORATIVE JOEL BURSTEIN JR 4955 STEUBENVILLE PIKE 300 PITTSBURGH PA 15205 795707 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 7 20 0 0 1056500 577250 92062 211768 727 6689 0 0 1149289 795707 3070 1295 0 0 553496 629250 0 0 0 290553 584601 847119 1215146 302170 -419439 847341 1209294 55200 86592 792141 1122702 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 972377 1295 211768 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.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. 972377 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 20 0 1 7 1 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 X X 0 0 0 PATRICIA WARRICK SECRETARY 2.00 X X 0 0 0 ANGELA BLANTON DIRECTOR 2.00 X 0 0 0 BLAYRE HOLMES DIRECTOR 2.00 X 0 0 0 ROBERT CHERRY DIRECTOR 2.00 X 0 0 0 JASON HAZELWOOD DIRECTOR 2.00 X 0 0 0 MAJESTIC LANE DIRECTOR 2.00 X 0 0 0 DAVID MALONE DIRECTOR 2.00 X 0 0 0 SHON YATES DIRECTOR 2.00 X 0 0 0 JOEL BURSTEIN CEO 40.00 X 199326 0 21074 JOSEPH MASSARO III CSO 40.00 X 199569 0 431 398895 0 21505 2 0 1 0 U3 ADVISORS 22 SOUTH 40TH STREET UNIT 3A PHILADELPHIA PA 19104 CONSULTING SERVICE 178000 1 577250 577250 ANCHOR REVENUE 900099 211768 211768 211768 6689 6689 795707 211768 0 6689 X 1295 1295 420400 336320 84080 149333 119466 29867 18626 14901 3725 40891 32713 8178 2500 2500 51660 51660 384367 296662 87705 26436 21149 5287 35706 28565 7141 22506 18005 4501 18480 14784 3696 42946 34357 8589 1215146 972377 242769 0 614531 978585 175356 182486 40000 0 12648 46667 4806 1556 847341 1209294 37700 69092 17500 17500 55200 86592 X 663408 921815 128733 200887 792141 1122702 847341 1209294 -419439 750000 0 X 0 1 X 0 0 X 1220000 1056500 577250 2853750 1220000 1056500 577250 2853750 662490 2191260 727 6689 7416 2861166 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 795707 0 795707 0 795707 1215146 0 1215146 0 1215146 PART X, LINE 2: MANAGEMENT HAS ASSESSED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THERE WERE NO UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FINANCIAL STATEMENTS AS DECEMBER 31, 2024 AND 2023. THE ORGANIZATION IS SUBJECT TO TAX EXAMINATIONS FOR ALL YEARS SINCE FORMATION. X X X 0 0 0 0 0 0 0 0 0 JOEL BURSTEIN CEO 199326 0 0 0 0 0 8400 0 12674 0 220400 0 0 0 JOSEPH MASSARO III CSO 199569 0 0 0 0 0 0 0 431 0 200000 0 0 0 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 CONSULTING FEE: PROGRAM SERVICE EXPENSES 296,662. MANAGEMENT AND GENERAL EXPENSES 87,705. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 384,367.