2021-11-12T17:05:01-06:00 2020-12-31 232896692 BBD LLP 1835 MARKET STREET 3RD FLOOR PHILADELPHIA PA 19103 990 2020-01-01 521693162 BEECH INTERPLEX INC BEEC 2157638824 1510 CECIL B MOORE AVE NO 300 PHILADELPHIA PA 19121 KENNETH SCOTT PRESIDENT 2157638824 2021-11-12 1 KENNETH SCOTT 999009999 JENNIFER SOLOT P00749373 2155677770 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z KENNETH SCOTT 1510 CECIL B MOORE AVE NO 300 PHILADELPHIA PA 19121 6301222 0 X WWW.BEECHINTERPLEX.COM X 1990 PA TO SPEARHEAD THE REVITALIZATION OF THE CECIL B MOORE NEIGHBORHOOD. 6 3 9 3 0 0 105525 153965 5270543 6105997 311810 15461 25000 25799 5712878 6301222 0 0 0 0 1305287 1381181 0 0 63068 5128854 5730286 6434141 7111467 -721263 -810245 37855492 36524346 40836523 40446173 -2981031 -3921827 X TO SPEARHEAD THE REVITALIZATION OF THE CECIL B MOORE NEIGHBORHOOD (A 26 SQUARE BLOCK AREA IN NORTH CENTRAL PHILADELPHIA) THROUGH COORDINATION OF THE EFFORTS AND SERVICES OF ORGANIZATIONS, FINANCIAL PARTICIPATION IN PROJECTS, LEVERAGING OF FUNDS AND THROUGH MONITORING AND FACILITATING APPROPRIATE ADJUSTMENTS IN THE IMPROVEMENT PROCESS. 0 0 1492131 1098064 RENOVATION & DEVELOPMENT - PROGRAM DEVELOPMENT, RENOVATION AND RENTAL OF ABANDONED PROPERTY IN THE CECIL B MOORE AREA OF NORTH PHILADELPHIA. TO DATE, FOUR MULTI-TENANT PROPERTIES HAVE BEEN COMPLETED. 4387314 5032933 STUDENT HOUSING PROGRAM - OPERATION OF TWO STUDENT HOUSING COMPLEXES AT TEMPLE UNIVERSITY IN PHILADELPHIA, PA THROUGH BEECH LLC & BEECH INTERNATIONAL LLC (SINGLE MEMBER LLCS - TREATED AS DISREGARDED ENTITIES). 139542 COMMUNITY SERVICE ACTIVITIES - FINANCIAL CONTRIBUTIONS TO AFFILIATED AND OTHER ORGANIZATIONS TO FUND COMMUNITY SERVICE ACTIVITIES AND PROMOTE THE REVITALIZATION OF THE CECIL B MOORE AREA AND OTHER COMMUNITIES IN NORTH CENTRAL PHILADELPHIA. 6018987 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 20 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 3 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 0 PA X LARRY GRIFFIN TREASURER 2157638824 1510 CECIL B MOORE AVENUE PHILADELPHIA PA 19120 RICHARD BAZELON ESQ CHAIRMAN 2.00 X X 0 0 0 REV WILLIAM B MOORE DIRECTOR 2.00 X 0 0 0 KENNETH SCOTT PRESIDENT/CEO 40.00 5.00 X X 260058 0 25470 LARRY GRIFFIN TREASURER 40.00 1.00 X X 163050 0 7892 BERNARD SAVAGE SECRETARY 40.00 X X 93500 0 1292 SHIRLEY GREGORY DIRECTOR 2.00 X 0 0 0 516608 0 34654 2 0 1 0 RISE RESIDENTIAL II LLC 129 NORTH PATTERSON STREET VALDOSTA GA 31601 MGMT SERVICES 158592 WASHINGTON GENERAL CONTRACTOR PO BOX 751 BEAR DE 19701 CONSTRUCTION 141000 2 66765 87200 153965 BEECH LLC RENTALS 532000 2720384 2720384 BEECH INTERNATIONAL LL 532000 2122905 2122905 RENTAL INCOME 532000 1073064 1073064 LAUNDRY & VENDING REVE 532000 189644 189644 6105997 15461 15461 MANAGEMENT FEES 900099 25000 25000 OTHER 900099 799 799 25799 6301222 6130997 0 16260 551262 334966 161172 55124 644326 577861 64541 1924 73697 58711 12761 2225 111896 92833 15268 3795 224687 224687 123422 123422 175724 55098 120626 292044 292044 22732 22732 3632 1040 2592 1793205 1793205 124004 124004 1501010 1501010 325992 325992 OUTSIDE SERVICES 291295 34735 256560 MISCELLANEOUS EXPENSES 198320 15538 182782 TELEPHONE, CABLE & INTE 197477 187965 9512 CLEANING 145463 145463 311279 253835 57444 7111467 6018987 1029412 63068 5059625 3598310 2172840 2497784 71689 309850 132688 57594 45135922 16559787 29256874 28576135 522397 520986 639379 963687 37855492 36524346 674065 946115 595697 425644 15565484 15272452 23442706 22837351 313407 558571 651204 40836523 40446173 X -3087123 -4027737 106092 105910 -2981031 -3921827 37855492 36524346 X -810245 -130551 X 0 1 X 1 0 X 87000 88000 181252 105525 153965 615742 5396878 5948283 4713601 5295543 6130997 27485302 5483878 6036283 4894853 5401068 6284962 28101044 85000 86334 85000 85000 341334 371575 368675 396075 391132 371695 1899152 371575 453675 482409 476132 456695 2240486 25860558 13957 44661 55422 65480 15461 194981 13957 44661 55422 65480 15461 194981 799 799 5497835 6080944 4950275 5466548 6301222 28296824 0.91390 0.91480 0.00690 0.00640 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER - 2020 AMOUNT: $ 799. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1906932 1906932 39967963 15923190 24044773 3261027 636597 2624430 28576135 SECURITY DEPOSITS 25070 ACCOUNTS PAYABLE AFFILIATES 626134 651204 X 1452315 0 1452315 4848907 4848907 6301222 2148410 130551 130551 2017859 5093608 5093608 7111467 PART X, LINE 2: GAAP REQUIRES ENTITIES TO EVALUATE, MEASURE, RECOGNIZE AND DISCLOSE ANY UNCERTAIN TAX POSITIONS. GAAP PRESCRIBES A MINIMUM RECOGNITION THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. BEECH BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SMLLC REVENUE 4,848,907. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 130,551. PART XII, LINE 4B - OTHER ADJUSTMENTS: SMLLC EXPENSES 5,093,608. X X 0 0 0 0 0 0 0 0 0 KENNETH SCOTT PRESIDENT/CEO 260058 0 0 0 0 0 5760 0 19710 0 285528 0 0 0 LARRY GRIFFIN TREASURER 163050 0 0 0 0 0 6600 0 1292 0 170942 0 0 0 A PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 7178185C8 2010-09-08 17029650 CONSTRUCTION OF INTERNATIONAL STUDENT HOUSING 0 0 0 A 1614650 17029650 1058265 339700 16024512 2011 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES OF THE GOVERNING BODY THAT WOULD HAVE MINUTES TO DOCUMENT. FORM 990, PART VI, SECTION B, LINE 11B 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. FORM 990, PART VI, SECTION B, LINE 15A 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. FORM 990, PART VI, SECTION C, LINE 19 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 FORM 990, PART XI, LINE 9: BAD DEBT EXPENSE -130,551. BEECH LLC (SINGLE MEMBER LLC) 1510 CECIL B MOORE AVE PHILADELPHIA PA 19121 760740165 STUDENT HOUSING PA 2721170 11098035 BEECH INTERNATIONAL LLC (SINGLE MEMBER LLC) 1510 CECIL B MOORE AVE PHILADELPHIA PA 19121 272967019 STUDENT HOUSING PA 2127737 14538801 ALSTON BEECH FOUNDATION 1510 CECIL B MOORE AVENUE PHILADELPHIA PA 19121 204968831 PROVIDE GRANTS TO COMMUNITY ORGANIZATIONS IN THE CECIL B MOORE CORRIDOR PA 501(C)(3) LINE 11A, I 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0