2018-11-12T13:00:51-06:00 2017-12-31 232896692 BBD LLP 1835 MARKET STREET 3RD FLOOR PHILADELPHIA PA 19103 990 2017-01-01 521693162 BEECH INTERPLEX INC BEEC 2157638824 1510 CECIL B MOORE AVE NO 300 PHILADELPHIA PA 19121 KENNETH SCOTT PRESIDENT 2157638824 2018-11-12 1 JENNIFER SOLOT P00749373 2155677770 50.203.243.162 2018-11-12 14:00:07 ES P 77CA6B56B756E7D447116D987DC2386506D64E33 42EE97634FBA116BD812AEF6F3A565108EF8C38C 2017 2019-02-21 02:37:17Z KENNETH SCOTT 1510 CECIL B MOORE AVE NO 300 PHILADELPHIA PA 19121 6080944 0 X WWW.BEECHINTERPLEX.COM X 1990 PA TO SPEARHEAD THE REVITALIZATION OF THE CECIL B MOORE NEIGHBORHOOD. 6 3 9 3 0 0 87000 88000 5396878 5923283 13957 36034 0 25000 5497835 6072317 0 0 0 0 1261601 1268599 0 0 0 5694545 5093161 6956146 6361760 -1458311 -289443 42329147 40998821 43904849 42863966 -1575702 -1865145 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 1298604 826904 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. 3737001 5013997 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). 167084 17310 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. 5202689 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 21 0 9 1 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 19121 SHIRLEY GREGORY DIRECTOR 2.00 X 0 0 0 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 260058 0 23592 LARRY GRIFFIN SECRETARY/TREASURER 40.00 1.00 X X 164350 0 16425 BERNARD SAVAGE DIRECTOR OF PROJECTS & REA 40.00 X X 86177 0 20694 510585 0 60711 2 0 1 0 GENESIS CLEANING & MAINTENANE SERVICES 613 FERN STREET LANSDOWNE PA 19050 CLEANING SERVICES 128655 RISE RESIDENTIAL LLC 129 NORTH PATTERSON STREET VALDOSTA GA 31601 MGMT SERVICES 120110 2 88000 88000 BEECH LLC RENTALS 532000 2773901 2773901 BEECH INTERNATIONAL LL 532000 2313294 2313294 RENTAL INCOME 532000 801904 801904 PROJECT FEES 532000 17310 17310 LAUNDRY & VENDING REVE 532000 16874 16874 5923283 44661 44661 8627 -8627 -8627 -8627 MANAGEMENT FEES 900099 25000 25000 25000 6072317 5948283 0 36034 571296 419074 152222 550982 503405 47577 44204 43247 957 102117 91742 10375 197024 197024 237379 72783 164596 138824 138824 341980 325819 16161 13988 13988 38725 1890 36835 1462076 1462076 132533 132533 1144081 1144081 132846 132846 OUTSIDE SERVICES 328271 14580 313691 TELEPHONE, CABLE & INTE 213307 199327 13980 REAL ESTATE TAXES 186024 83643 102381 CLEANING 182096 107515 74581 344007 271104 72903 6361760 5202689 1159071 0 9412513 4113833 2152978 2728180 283698 438739 16098 244586 45065978 12742465 29793711 32323513 501535 670149 648435 42329147 40998821 1381320 1092386 1170998 868850 15814586 15824451 25444644 24980027 93301 98252 43904849 42863966 X -1685383 -1974826 109681 109681 -1575702 -1865145 42329147 40998821 -289443 0 X 0 1 X 1 0 X 85455 202061 87000 88000 462516 5751142 5385967 5657033 5396878 5948283 28139303 5836597 5385967 5859094 5483878 6036283 28601819 12500 85000 97500 410947 279976 387647 371575 368675 1818820 410947 279976 400147 371575 453675 1916320 26685499 1211 811 13957 44661 60640 1211 811 13957 44661 60640 593 12151 12744 5838401 5386778 5871245 5497835 6080944 28675203 0.93060 0.93500 0.00210 0.00060 X 1766932 1766932 40745361 12182161 28563200 2553685 560304 1993381 32323513 SECURITY DEPOSITS 98252 98252 X 936077 0 936077 5136240 5136240 6072317 1998074 0 1998074 4363686 4363686 6361760 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 5,136,240. PART XII, LINE 4B - OTHER ADJUSTMENTS: SMLLC EXPENSES 4,363,686. 0 0 0 0 0 0 0 0 0 KENNETH SCOTT PRESIDENT/CEO 260058 0 0 0 0 0 5372 0 18220 0 283650 0 0 0 LARRY GRIFFIN SECRETARY/TREASURER 164350 0 0 0 0 0 6133 0 10292 0 180775 0 0 0 A PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 7178185C8 2010-09-08 17029650 CONSTRUCTION OF INTERNATIONAL STUDENT HOUSING 0 0 0 A 17029650 665438 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 BEECH LLC (SINGLE MEMBER LLC) 1510 CECIL B MOORE AVE PHILADELPHIA PA 19121 760740165 STUDENT HOUSING PA 2810781 13763877 BEECH INTERNATIONAL LLC (SINGLE MEMBER LLC) 1510 CECIL B MOORE AVE PHILADELPHIA PA 19121 272967019 STUDENT HOUSING PA 2325459 15679244 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