Beech Interplex Inc.

“There are no committees of the governing body that would have minutes to document.”

“Form 990 is initially reviewed by the treasurer of the board of directors. All comments and questions are then directed to president of beech interplex, inc. The president reviews the comments & questions along with the entire return before it is filed with the irs.”

“All increases in salaries and bonuses are presented to the board of directors annually for their review and approval, beech uses information from various sources to compare beech staff salaries to our peers in the non-profit industry studies used are prepared by groups such as the phila foundation, pew foundation and guidestar.”

“All increases in salaries and bonuses are presented to the board of directors annually for their review and approval, beech uses information from various sources to compare beech staff salaries to our peers in the non-profit industry studies used are prepared by groups such as the phila foundation, pew foundation and guidestar.”

“Beech interplex makes its governing documents, conflict of interest policy and financial statements available to the public for viewing upon request at its corporate offices, the 990 is also available on guidestar.org”

“The organization hired an audit firm to perform an audit of the organization for the year ended december 31, 2022. The audit report was issued after the original filing of the 990. The amended 990 reflects the changes to the organization's activity based on the results of the audit. In addition, the original inclusion of the disregarded entity activity was corrected to reflect revenues and expenses for the entire calendar year for both of the organizaton's disregarded entities, the original return erroneously only reflected activity for five months. Changes from the original return to the amended return are as follows: core form 990 line g gross receipts increased from 2,547,278 to 4,339,012 part i line 8 contributions and grants current year decreased from 309,406 to 237,021 line 9 program revenue current year increased from 2,207,149 to 4,074,124 line 11 other revenue current year decreased from 15,828 to 12,972 line 12 total revenue current year increased from 2,516,500 to 4,308,234 line 15 salaries, other compensation, employee benefits increased from 828,200 to 1,277 444 line 16b total fundraising fees increased from 0 to 64,658 line 17 other expenses current year increased from 2,244,280 to 2,773,266 line 18 total expenses current year increased from 3,072,480 to 4,050,710 line 19 revenue less expenses current year increased from -555,980 to 257,524 line 20 total assets current year decreased from 33,685,887 to 32,742,825 line 21 total liabilities current year decreased from 40,006,516 to 39,114,388 line 22 net assets current year decreased from -6,320,629 to -6,371,563 part iii line 4a program expenses decreased from 2,034,140 to 1,530,902 line 4b program expenses increased from 990,640 to 1,764,667 line 4b program revenues increased from 1,202,835 to 3,069,800 line 4e program expenses increased from 3,024,780 to 3,295,569 part iv question 11f was changed from "no" to "yes" question 12a was changed from "no" to "yes" question 12b was changed from "yes" to "no" part v line 1a enter the number reported in box 3 of form 1096 - increased from 5 to 14 part vi line 20 state the name. Or person who possesses the organization's books and records. Name changed from larry griffin to victor rozier part vii section b, independent contractor following vendor was added - rise residential ii llc, 1290 north patterson street, valdosta, ga 31601 - mgmt svcs 120,228 part viii line 1f all other contributions decreased from 309,406 to 237,031 line 1h total decreased from 309,406 to 237,031 line 2a increased from 1,056,033 to 2,439,023 line 2c increased from 146,792 to 630,777 line 2g total increased from 2,207,149 to 4,074,124 line 11a other revenue decreased from 15,828 to 12,972 line 12g total revenue, column a increased from 2,516,500 to 4,308,234 and column b increased from 2,192,199 to 4,056,318 part ix line 5 compensation of current officers, directors, trustees, and key employees column a, b, c, and d changed from 504,551-0-0-0 to 510,551- 311,436-148,060-51,055 line 7 other salaries and wages column a, b, c, and d changed from 188,300 -188,300-0-0 to 571,410-491,270-74,716-5,424 line 8 pension plan accruals and contributions columns a, b, c, and d changed from 573-573-0-0 to 1,664-1,664-0-0 line 9 other employee benefits columns a, b, c, and d changed from 61,259- 61,259-0-0 to 95,986-79,951-13,456-2,579 line 10 payroll taxes columns a, b, c, and d changed from 73,517-73,517-0-0 to 97,833-69,832-22,401-5,600 line 11a management columns a, b, c, and d changed from 137,616-137,616-0-0 to 101,104-101,104-0-0 line 11a legal columns a, b, c, and d changed from 114,965-114,965-0-0 to 114,996-114,996-0-0 line 11g other columns a, b, c, and d changed from 35,443-35,443-0-0 to 212,398-61,718-150,680-0 line 12 advertising and promotion columns a, b, c, and d changed from 71,685-71,685-0-0 to 125,572-125,572-0-0 line 13 office expenses columns a, b, c, and d changed from 61,332-61,332- 0-0 to 9,506-226-9,280-0 line 14 information technology c”

“Line 1 briefly describe the organization's mission (continued): financial participation in projects, leveraging of funds and through monitoring and facilitating appropriate adjustments in the improvement process.”

“-1,773,608 the organization is reporting a 1,773,608 decrease to beginning net assets in order for net assets at the end of the year to agree to the amount reported on the balance sheet. The organization is unable to determine what exactly makes up the difference between the two years.”