2020-11-13T13:17:21-06:00 2019-12-31 232896692 BBD LLP 1835 MARKET STREET 3RD FLOOR PHILADELPHIA PA 19103 990 2019-01-01 521693162 BEECH INTERPLEX INC BEEC 2157638824 1510 CECIL B MOORE AVE NO 300 PHILADELPHIA PA 19121 KENNETH SCOTT PRESIDENT 2157638824 2020-11-13 1 JENNIFER SOLOT P00749373 2155677770 96.245.86.172 2020-11-13 14:16:58 ES P BD9A5248FD892EED72309E8CBFD61EFE5C549072 2024A3B14602D7920249EF88931123AFE691CD00 2019 2021-01-29 14:40:06Z KENNETH SCOTT 1510 CECIL B MOORE AVE NO 300 PHILADELPHIA PA 19121 8715251 0 X WWW.BEECHINTERPLEX.COM X 1990 PA TO SPEARHEAD THE REVITALIZATION OF THE CECIL B MOORE NEIGHBORHOOD. 6 3 12 3 0 0 181252 105525 4688601 5270543 55422 311810 25000 25000 4950275 5712878 0 0 0 0 1048730 1305287 0 0 72449 4235921 5128854 5284651 6434141 -334376 -721263 39269628 37855492 41469149 40836523 -2199521 -2981031 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 1373188 999396 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. 3892969 4292644 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). 254285 3503 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. 5520442 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 12 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 0 0 0 REV WILLIAM B MOORE DIRECTOR 2.00 X 0 0 0 KENNETH SCOTT PRESIDENT/CEO 40.00 5.00 X X 236058 0 26997 LARRY GRIFFIN TREASURER 40.00 1.00 X X 149350 0 7292 BERNARD SAVAGE SECRETARY 40.00 X X 85000 0 1292 SHIRLEY GREGORY DIRECTOR 2.00 X 0 0 0 470408 0 35581 2 0 1 0 RISE RESIDENTIAL II LLC 129 NORTH PATTERSON STREET VALDOSTA GA 31601 MGMT SERVICES 301924 MARTIN GREENBAUM CO LLC 701 ASHLAND AVE BUILDING A FOLCROFT PA 19032 CONSTRUCTION 220370 KIRKLAND PAINTING 19 GENTLE ROAD LEVITTOWN PA 19057 PAINTING SERVCIES 117410 3 105525 105525 BEECH LLC RENTALS 532000 2612102 2612102 BEECH INTERNATIONAL LLC 532000 1669955 1669955 RENTAL INCOME 532000 974396 974396 LAUNDRY & VENDING REVENUES 532000 10587 10587 PROJECT FEES 532000 3503 3503 5270543 65480 65480 3248703 3002373 246330 246330 246330 MANAGEMENT FEES 900099 25000 25000 25000 5712878 5295543 0 311810 505989 376371 112864 16754 628441 517886 66048 44507 70697 27398 36988 6311 100160 66027 29256 4877 166001 166001 147896 147896 148715 148715 241829 241829 21590 21590 20757 12387 8370 1664583 1664583 254285 254285 1363269 1363269 162536 162536 EQUIPMENT RENTAL AND MA 191137 191137 TELEPHONE, CABLE & INTE 147126 134727 12399 CLEANING 133701 133701 OUTSIDE SERVICES 127882 20876 107006 337547 187429 150118 6434141 5520442 841250 72449 3231705 5059625 2437072 2172840 159972 71689 180631 132688 44429335 15172461 32463723 29256874 509368 522397 287157 639379 39269628 37855492 607926 674065 806910 595697 15828516 15565484 0 24124287 23442706 101510 558571 41469149 40836523 X -2309202 -3087123 109681 106092 -2199521 -2981031 39269628 37855492 X -721263 -60247 X 0 1 X 1 0 X 202061 87000 88000 181252 105525 663838 5657033 5396878 5948283 4713601 5295543 27011338 5859094 5483878 6036283 4894853 5401068 27675176 12500 85000 86334 85000 268834 387647 371575 368675 396075 391132 1915104 400147 371575 453675 482409 476132 2183938 25491238 13957 44661 55422 65480 179520 13957 44661 55422 65480 179520 12151 12151 5871245 5497835 6080944 4950275 5466548 27866847 0.91480 0.92390 0.00640 0.00410 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER - SPECIAL EVENT REVENUE - 2015 AMOUNT: $ 12,151. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1906932 1906932 39407341 14565330 24842011 3115062 607131 2507931 29256874 SECURITY DEPOSITS 64964 ACCOUNTS PAYABLE AFFILIATES 493607 558571 X 1380799 0 1380799 4332079 4332079 5712878 2222635 60247 60247 2162388 4271753 4271753 6434141 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 4,332,079. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 60,247. PART XII, LINE 4B - OTHER ADJUSTMENTS: SMLLC EXPENSES 4,271,753. X X 0 0 0 0 0 0 0 0 0 KENNETH SCOTT PRESIDENT/CEO 236058 0 0 0 0 0 21459 0 5538 0 263055 0 0 0 LARRY GRIFFIN TREASURER 149350 0 0 0 0 0 1292 0 6000 0 156642 0 0 0 A PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 7178185C8 2010-09-08 17029650 CONSTRUCTION OF INTERNATIONAL STUDENT HOUSING 0 0 0 A 1314650 17029650 755837 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 -60,247. BEECH LLC (SINGLE MEMBER LLC) 1510 CECIL B MOORE AVE PHILADELPHIA PA 19121 760740165 STUDENT HOUSING PA 2627120 12147109 BEECH INTERNATIONAL LLC (SINGLE MEMBER LLC) 1510 CECIL B MOORE AVE PHILADELPHIA PA 19121 272967019 STUDENT HOUSING PA 1704959 14734240 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