PITTSBURGH MINORITY BUSINESS ACCELERATOR

As filed

Subsection

03

NTEE code

P20

Classification

1000

Street

4955 STEUBENVILLE PIKE STE 300

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• 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.

  Expenses $972,377 · Grants $1,295 · Revenue $211,768

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $795,707

  Expenses

  $1,215,146

  Contributions

  $577,250

  Grants paid

  $1,295

• 2023

  Revenue

  $1,149,289

  Expenses

  $847,119

  Contributions

  $1,056,500

  Grants paid

  $3,070

• 2022

  Revenue

  $1,220,000

  Expenses

  $730,029

  Contributions

  $1,220,000

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT

  $426,640

  2022 · PROGRAM SUPPORT

• POISE FOUNDATION

  $20,000

  2023 · PROGRAM SUPPORT

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