2025-11-10T23:58:18-06:00 2025-06-30 232108173 RKL LLP 3501 CONCORD ROAD STE 250 YORK PA 17402 990 2024-07-01 812342449 BEYOND OWNERS GROUP INC BEYO 7173413957 PMB 218 2600 WILLOW STREET PIKE N WILLOW STREET PA 17584 GEOFFREY BEERS PRESIDENT 7173413957 2025-11-05 1 1 DOUGLAS L BERMAN CPA P01269555 7178433804 2025-11-05 2024 2025-03-06 01:10:19Z GEOFFREY BEERS PMB 218 2600 WILLOW STREET PIKE N WILLOW STREET PA 17584 10287621 0 X WWW.BEYONDOWNERSGROUP.COM X 2016 DE 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. 4 2 2 5 0 0 0 0 9864238 9720741 623247 566880 0 0 10487485 10287621 0 10000 0 0 44430 56379 0 0 0 11692088 10978466 11736518 11044845 -1249033 -757224 136593511 156265714 141804939 162234366 -5211428 -5968652 X 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. 1 0 66954 10000 110568 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. 10934106 9610173 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. 0 0 0 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. 11001060 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 3 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X ROBERT SEMPSEY VICE PRESIDENT 7178749994 PMB 218 2600 WILLOW STREET PIKE WILLOW STREET PA 17584 GEOFFREY BEERS PRESIDENT 10.00 7.00 X X 22450 0 0 ROBERT SEMPSEY VICE PRESIDENT/SECRETARY 10.00 6.00 X X 22450 0 0 DOUG SHULTZ TREASURER 1.00 0.50 X X 0 0 0 JAMES MCCOLLUM BOARD MEMBER (UNTIL 10/24) 1.00 0.50 X 0 0 0 MINOR REDMOND BOARD MEMBER 1.00 0.50 X 0 0 0 44900 0 0 0 0 0 0 WEAVER COOKE 8401 KEY BOULEVARD GREENSBORO NC 27409 CONSTRUCTION CONTRACTOR 17336495 RPG BOONE DEVELOPER 797 E LANCASTER AVE SUITE 250 VILLANOVA PA 19085 CONSTRUCTION DEVELOPER 586080 NELSON 100 S INDEPENDENCE MALL W PHILADELPHIA PA 19106 ARCHITECT 279145 3 APARTMENT RENTALS 532000 9610173 9610173 CONTRACT REVENUE 230000 110568 110568 9720741 566880 566880 10287621 9720741 0 566880 X 10000 10000 52300 52300 4079 4079 44227 44227 575 575 75926 45156 30770 1511337 1511337 13015 13015 583885 583885 4925492 4925492 3045861 3045861 603936 603936 BORROWER'S FEES AND EXP 72261 72261 BOND RELATED FEES 66341 66341 ISSUER'S FEES 35610 35610 11044845 11001060 43785 0 358441 457716 15036025 15326025 842204 724735 377005 386745 118788575 13651381 108183055 105137194 11796781 34233299 136593511 156265714 5795453 8932720 126796885 125687663 8812601 27613983 400000 0 141804939 162234366 X -5211428 -5968652 -5211428 -5968652 136593511 156265714 -757224 0 X X 0 1 X 1 0 X 3878815 8810432 8992307 9864238 9720741 41266533 3878815 8810432 8992307 9864238 9720741 41266533 0 0 0 41266533 74201 16913 404107 623247 566880 1685348 74201 16913 404107 623247 566880 1685348 3953016 8827345 9396414 10487485 10287621 42951881 0.96080 0.95070 0.03920 0.04930 X 118788575 13651381 105137194 105137194 DEFERRED FINANCE COSTS 2022070 CONSTRUCTION IN PROGRESS 32211229 34233299 X PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE GROUP, INCLUDING WHETHER THE ENTITIES ARE EXEMPT FROM INCOME TAXES. MANAGEMENT EVALUATED THE TAX POSITIONS TAKEN AND CONCLUDED THAT THE GROUP HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED JUNE 30, 2025 AND 2024. WITH FEW EXCEPTIONS, THE GROUP IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2022. 0 APPALACHIAN STATE UNIVERSITY 438 ACADEMY STREET BOONE NC 286082002 561176030 GOVT. 0 10000 DONATION TO THE APP STATE CRISIS FUND RELATED TO THE FLOODING 1 0 A PUBLIC FINANCE AUTHORITY 273866124 74439YBX8 2019-02-11 64222922 CONSTRUCTION FINANCING 0 0 0 B PUBLIC FINANCE AUTHORITY 273866124 74439YDT5 2020-02-11 64155508 CONSTRUCTION FINANCING 0 0 0 A 1139050 64222922 1611639 5452694 844449 967499 53301361 2045280 2025 0 0 0 1 B 1551717 64155508 1292506 4592167 807023 840199 56597820 25793 2025 0 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 1 0 0 0 0 0 B 0 0 0 1 0 0 0 0 0 A 0 B 0 FORM 990, PART III, LINE 2 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. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND IS REVIEWED BY THE PRESIDENT AND VICE-PRESIDENT OF THE BOARD BEFORE IT IS EMAILED TO THE BOARD FOR COMMENT. AFTER THE BOARD HAS REVIEWED THE RETURN, THE PRESIDENT ENSURES IT IS TIMELY FILED. THIS POLICY ALSO APPLIES TO ALL THE ORGANIZATION'S DISREGARDED ENTITIES. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AND ENFORCED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS MEETS ANNUALLY TO REVIEW THE COMPENSATION PLAN. THE COMPENSATION PLAN IS DETERMINED BASED ON THE CURRENT STATE OF THE ORGANIZATION AND CURRENT JOBS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST TO THE ORGANIZATION. FORM 990, PART IX, LINE 11G UNIVERSITY PROVIDED SERVICES: PROGRAM SERVICE EXPENSES 1,511,337. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,511,337. FORM 990, PART XII, LINE 2C THE BOARD ASSUMES RESPONSIBILITY FOR THE OVERSIGHT AND REVIEW OF THE ORGANIZATION'S AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VI, SECTION B, LINE 11A THIS APPLIES TO ALL THE ORGANIZATION'S DISREGARDED ENTITIES. FORM 990, PART VI, SECTION B, LINE 12A THIS APPLIES TO ALL THE ORGANIZATION'S DISREGARDED ENTITIES. FORM 990, PART VI, SECTION B, LINE 12B THIS APPLIES TO ALL THE ORGANIZATION'S DISREGARDED ENTITIES. FORM 990, PART VI, SECTION B, LINE 12C THIS APPLIES TO ALL THE ORGANIZATION'S DISREGARDED ENTITIES. BEYOND BOONE LLC PMB 218 2600 WILLOW STREET PIKE NOR WILLOW STREET PA 17584 384091190 FACILITATION OF STUDENT HOUSING DE 9610173 123548498 BEYOND OWNERS GROUP INC BEYOND BOONE II LLC PMB 218 2600 WILLOW STREET PIKE NOR WILLOW STREET PA 17584 931472559 FACILITATION OF STUDENT HOUSING DE 0 32420404 BEYOND OWNERS GROUP INC