NonprofitsBeyond Owners Group Inc

Housing & Shelter

Beyond Owners Group Inc

WILLOW STREET, PA

Total revenue

$10.3M

Total expenses

$11.0M

Net assets

Grants received

EIN

812342449

Tax year

2024

Mission

Assisting universities to meet their need for high-quality construction projects by taking on the burden of financing long-term debt, continuing compliance and asset management.

Programs

2 programs

Constructing and owning a two-phase student housing project on the campus of appalachian state university and its students. Building 100 and the parking deck were completed for fall 2020 occupancy. Building 300 was completed for fall 2021 occupancy. Both phases are owned by beyond boone, llc. Both phases are fully occupied.

Expenses: $10.9M

Constructing and owning a multi-phased housing project of 156 faculty and staff units on the campus of appalachian state university, innovation ridge. Innovation ridge consists of one-, two- and three-bedroom configurations in five multistory buildings. These units will help meet app state employees' housing needs amid housing scarcity and cost inflation in boone. Construction of the innovation ridge's faculty and staff housing facilities is underway, with phase 1 units slated for occupancy in fall 2025. As of the end of the fiscal year, the housing project was still under construction and not yet available for use.

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Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$9.7M
Investment income$567K
Other revenue
Total revenue$10.3M

Expenses

Grants paid$10K
Salaries & benefits$56K
Fundraising
Other expenses$11.0M
Total expenses$11.0M
Total assets$156.3M
Net assets

People

5 listed

NameRoleCompensation

GEOFFREY BEERS

PRESIDENT

Board

$22K

10 hrs/wk

ROBERT SEMPSEY

VICE PRESIDENT/SECRETARY

Board

$22K

10 hrs/wk

DOUG SHULTZ

TREASURER

Board

1 hrs/wk

JAMES MCCOLLUM

BOARD MEMBER (UNTIL 10/24)

Board

1 hrs/wk

MINOR REDMOND

BOARD MEMBER

Board

1 hrs/wk

Independent contractors

WEAVER COOKE

CONSTRUCTION CONTRACTOR

$17.3M

RPG BOONE DEVELOPER

CONSTRUCTION DEVELOPER

$586K

NELSON

ARCHITECT

$279K

Details

EIN812342449
NTEE codeL80
Subsection03
Ruling date2017-02
Formed2016
Employees2
Volunteers5
BEYOND OWNERS GROUP INC — Mission, Financials & Grants Received | Grantivo