Beechwood Inc

Organization Overview

Beechwood Inc is located in Troy, NY. The organization was established in 1985. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beechwood Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.

For the year ending 06/2021, Beechwood Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $555.1k during the year ending 06/2021. While expenses have increased by 4.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ACT AS A TITLE HOLDING COMPANY FOR THE BENEFIT OF AFFILIATED TAX-EXEMPT ORGANIZATIONS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PURPOSE OF BEECHWOOD IS TO HOLD TITLE TO REAL PROPERTY AND COLLECT INCOME ON SUCH PROPERTY FOR THE BENEFIT OF ST. PETER'S HEALTH PARTNERS AND ITS TAX-EXEMPT AFFILIATES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$903,610
Investment income $240,312
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $249,241
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,404,017

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