ASPIRA COMMUNITY ENTERPRISES INC: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
ASPIRA COMMUNITY ENTERPRISES INC (EIN 41-2249719)
Tax period
2013-07-01 to 2014-06-30
Filed
2015-05-14
IRS object ID
201531349349308918
Schema version
2013v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-05-14T18:21:10-05:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN134203252PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MASCH & COMPANY LLCBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14581 WESTON RD STE 168AddressLine1
CityWESTONCity
StateFLState
ZIP Code333313141ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN412249719EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ASPIRA COMMUNITY ENTERPRISES INCBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlASPIBusinessNameControlTxt
Phone2154551300PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14322 NORTH 5TH STREETAddressLine1
CityPHILADELPHIACity
StatePAState
ZIP Code191402302ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonANDRES PEREZPersonNm
Person TitleCHIEF EXECUTIVE OFFICERPersonTitleTxt
Phone2154551300PhoneNum
Signature2015-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROGER MASCHPreparerPersonNm
PTINP00090092PTIN
Phone9032001040PhoneNum
Preparation2015-05-14PreparationDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerANDRES PEREZPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line14322 NORTH 5TH STREETAddressLine1
CityPHILDELPHIACity
StatePAState
ZIP Code191402302ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$6,424,945GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2007FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionTITLE AND MANAGEMENT COMPANY THAT ACTS AS A SUPPORT ORGANIZATION FOR A RELATED NOT-FOR-PROFIT ORGANIZATION.ActivityOrMissionDesc
Voting Members Governing Body1VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$4,704,945CYContributionsGrantsAmt
PY Program Service Revenue$1,622,150PYProgramServiceRevenueAmt
CY Program Service Revenue$1,720,000CYProgramServiceRevenueAmt
PY Investment Income$1,976PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,624,126PYTotalRevenueAmt
CY Total Revenue$6,424,945CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,269,424PYOtherExpensesAmt
CY Other Expenses$1,447,666CYOtherExpensesAmt
PY Total Expenses$1,269,424PYTotalExpensesAmt
CY Total Expenses$1,447,666CYTotalExpensesAmt
PY Revenues Less Expenses$354,702PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$4,977,279CYRevenuesLessExpensesAmt
Total Assets BOY$23,442,027TotalAssetsBOYAmt
Total Assets EOY$24,098,462TotalAssetsEOYAmt
Total Liabilities BOY$19,959,341TotalLiabilitiesBOYAmt
Total Liabilities EOY$15,638,497TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,482,686NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$8,459,965NetAssetsOrFundBalancesEOYAmt
MissionTITLE AND MANAGEMENT COMPANY THAT ACTS AS A SUPPORT ORGANIZATION FOR A RELATED NOT-FOR-PROFIT ORGANIZATION.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,384,701ExpenseAmt
DescTITLE AND MANAGEMENT COMPANY THAT ACTS AS A SUPPORT AGENCY FOR A RELATED NOT-FOR-PROFIT ORGANIZATION.Desc
Total Program Service Expenses$1,384,701TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members1GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ASPIRA INC OF PENNSYLVANIABusinessNameLine1
FieldValueIRS element (for citing)
Phone2154551300PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line14322 NORTH 5TH STREETAddressLine1
CityPHILADELPHIACity
StatePAState
ZIP Code19140ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
RAFAELA COLON
SECRETARY1.0036.50Yes (X)$0$73,654$7,601
ALFREDO CALDERON
PRESIDENT AN1.0036.50$0$198,653$11,351Yes (X)
MURRAY ROSENMAN
CHIEF FINANC1.0036.50$0$170,000$17,413Yes (X)
ORLANDO RENDON
CHIEF OPERAT1.0036.50$0$106,046$19,451Yes (X)
ANDRES PEREZ
CEO37.50$0$83,142$18,251Yes (X)
FieldValueIRS element (for citing)
Tot Reportable Comp Rltd Org$631,495TotReportableCompRltdOrgAmt
Total Other Compensation$74,067TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$4,704,945GovernmentGrantsAmt
Total Contributions$4,704,945TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescRENTAL INCOMEDesc
Business531120BusinessCd
Total Revenue Column$1,720,000TotalRevenueColumnAmt
Related Or Exempt Func Income$1,720,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,720,000TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,424,945TotalRevenueColumnAmt
Related Or Exempt Func Income$1,720,000RelatedOrExemptFuncIncomeAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$6,098TotalAmt
Management And General$6,098ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$12,500TotalAmt
Management And General$12,500ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$22,640TotalAmt
Program Services$22,640ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$772,427TotalAmt
Program Services$771,927ProgramServicesAmt
Management And General$500ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$507,282TotalAmt
Program Services$507,282ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$121,144TotalAmt
Program Services$77,277ProgramServicesAmt
Management And General$43,867ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
MISCELLANEOUS$4,325$4,325
DUES AND FEES$1,250$1,250

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,447,666TotalAmt
Program Services$1,384,701ProgramServicesAmt
Management And General$62,965ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$201,562BOYAmt
EOY$306,658EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,000BOYAmt
EOY$1,000EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$24,446,843LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,091,026LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$17,465,990BOYAmt
EOY$22,355,817EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,773,475BOYAmt
EOY$1,434,987EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$23,442,027BOYAmt
EOY$24,098,462EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$60,767BOYAmt
EOY$71,808EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,722,717BOYAmt
EOY$9,130,783EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$6,508,322BOYAmt
EOY$6,267,901EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$667,535BOYAmt
EOY$168,005EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19,959,341BOYAmt
EOY$15,638,497EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,482,686BOYAmt
EOY$8,459,965EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,482,686BOYAmt
EOY$8,459,965EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$23,442,027BOYAmt
EOY$24,098,462EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$4,977,279ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
CertificationYes (X)CertificationInd
IRS Written DeterminationYes (X)IRSWrittenDeterminationInd
Contribution ControllerfalseContributionControllerInd
Contribution FamilyfalseContributionFamilyInd
Contribution35 ControlledfalseContribution35ControlledInd

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1ASPIRA INC OF PENNSYLVANIABusinessNameLine1
FieldValueIRS element (for citing)
EIN231712664EIN
Organization Type7OrganizationTypeDesc
Governing Document ListedYes (true)GoverningDocumentListedInd
Supported Org NotifiedYes (true)SupportedOrgNotifiedInd
US OrganizedYes (true)USOrganizedInd
Support$0SupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,363,404OtherCostOrOtherBasisAmt
Book Value$2,363,404BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$22,016,032OtherCostOrOtherBasisAmt
Depreciation$2,038,859DepreciationAmt
Book Value$19,977,173BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$45,784OtherCostOrOtherBasisAmt
Depreciation$30,544DepreciationAmt
Book Value$15,240BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$21,623OtherCostOrOtherBasisAmt
Depreciation$21,623DepreciationAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$22,355,817TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (6 entries)

DescDescBook ValueBookValueAmt
DUE FROM RELATED PARTIES$1,397,500
BUILDING IN PROGRESS$37,474
INTEREST RESERVE$13
ENVIRONMENTAL RESERVES
ADVANCES TO CONTRACTOR
CAPITALIZED INTEREST
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,434,987TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO RELATED PARTIES$163,681
DEFERRED EXPENSES$4,324
FieldValueIRS element (for citing)
Total Liability$168,005TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 3, PART XFormAndLineReferenceDesc
ExplanationTHE ORGANIZATIONS ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE (THE "CODE") SECTION 501(C)(3) AND THEREFORE HAVE NOT MADE ANY PROVISIONS FOR FEDERAL INCOME TAXES. IN ADDITION, THE ORGANIZATIONS HAVE BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE TO BE OTHER THAN AN "EXEMPT PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A) OF THE CODE AND ARE NOT SUBJECT TO EXCISE TAXES. ACE/DOUGHERTY, LLC IS A DISREGARDED ENTITY AND AS SUCH, ASSUMES THE TAX ATTRIBUTES OF ITS SINGLE MEMBER, ASPIRA COMMUNITY ENTERPRISES, INC. MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS OF THE DATE OF THE ADOPTION OR AT JUNE 30, 2014 AND 2013. THERE ARE NO OPEN TAX YEARS PRIOR TO JUNE 2011. ASPIRA COMMUNITY ENTERPRISES, INC. AND ACE/DOUGHERTY, LLC DID NOT HAVE ANY INCOME TAX RELATED PENALTIES OR INTEREST FOR THE PERIODS REPORTED ON THESE FINANCIAL STATEMENTS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmt
ALFREDO CALDERON
PRESIDENT AND CEO$198,653$6,000$5,351$210,004
MURRAY ROSENMAN
CHIEF FINANCIAL OFCR$170,000$5,100$12,313$187,413

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1PHILA AUTHOR FOR INDUS DEVELOPMENTBusinessNameLine1
FieldValueIRS element (for citing)
Bond Issuer EIN232237287BondIssuerEIN
Bond Issued2011-10-19BondIssuedDt
Issue Price$12,750,000IssuePriceAmt
PurposeSEE ATTACHED NOTEPurposeDesc
DefeasedfalseDefeasedInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Pool FinancingfalsePoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Total Proceeds$12,750,000TotalProceedsAmt
In Reserve Fund$250,000InReserveFundAmt
Substantial Completion2013SubstantialCompletionYr
Current RefundingfalseCurrentRefundingInd
Advance RefundingfalseAdvanceRefundingInd
Final Allocation MadefalseFinalAllocationMadeInd
Adequate Books And Rec MaintYes (true)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed PropertyYes (true)OwningBondFinancedPropertyInd
Any Lease ArrangementsfalseAnyLeaseArrangementsInd
Mgmt Contract Bond Fincd PropfalseMgmtContractBondFincdPropInd
Any Research AgreementsfalseAnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt TestfalseBondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed PropfalseChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdfalseProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T FiledYes (true)Form8038TFiledInd
Variable Rate IssuefalseVariableRateIssueInd
Hedge Identified In Bks And RecYes (true)HedgeIdentifiedInBksAndRecInd

Hedge Provider Name HedgeProviderName

FieldValueIRS element (for citing)
Business Name Line1PNC BANK NABusinessNameLine1
FieldValueIRS element (for citing)
Term Of Hedge2.000000000000TermOfHedgePct
Superintegrated HedgefalseSuperintegratedHedgeInd
Hedge TerminatedfalseHedgeTerminatedInd
Gross Proceeds Invested In GICfalseGrossProceedsInvestedInGICInd
Gross Proceeds InvestedfalseGrossProceedsInvestedInd
Written Proc To Monitor ReqsfalseWrittenProcToMonitorReqsInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE K - PURPOSE OF ISSUE DESCRIPTIONFormAndLineReferenceDesc
ExplanationPHILA AUTHOR FOR INDUS DEVELOPMENT (I) THE PAYMENT OR REIMBURSEMENT OF THE COSTS OF ACQUISITION, CONSTRUCTION, RENOVATION, INSTALLATION AND EQUIPPING OF A NEW SCHOOL FACILITY FOR THE FILER, INCLUDING THE PARCEL OF LAND ON WHICH THE NEW SCHOOL FACILITY IS SITUATED; (II) THE PAYMENT OR REIMBURSEMENT OF THE COSTS OF CONSTRUCTION, RENOVATION, INSTALLATION AND EQUIPPING OF AN EXISTING SCHOOL FACILITY FOR THE FILER; AND (III) FUNDING OF A DEBT SERVICE RESERVE FUND.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 2RAFAELA COLON ANDRES PEREZ SECRETARY CEO FAMILY
FORM 990, PAGE 6, PART VI, LINE 11BFORM 990 IS REVIEWED BY THE CEO AND IS MADE AVAILABLE TO MEMBERS OF THE BOARD OF DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 12CALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY ACTUAL OR PERCEIVED CONFLICTS OF INTEREST ON AN ANNUAL BASIS.
FORM 990, PAGE 6, PART VI, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST DURING REGULAR BUSINESS HOURS.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1ACEDOUGHERTY LLCBusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line14322 NORTH 5TH STREETAddressLine1
CityPHILADELPHIACity
StatePAState
ZIP Code191402302ZIPCode
FieldValueIRS element (for citing)
EIN453154605EIN
Primary ActivitiesPROPY MGTPrimaryActivitiesTxt
Legal Domicile StatePALegalDomicileStateCd
Total Income$760,000TotalIncomeAmt
End Of Year Assets$14,098,613EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1ASPIRA COMBusinessNameLine1
Business Name Line2UNITY ENTERPRISES INCBusinessNameLine2

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Business Name Line2DisregardedEntityName/BusinessNameLine2
ASPIRA INC OF PENNSYLVANIA
4322 NORTH 5TH STREETPHILADELPHIAPA19140231712664STUDNT SVCPA501C37N/Afalse
ANTONIA PANTOJA CHARTER SCHOOL
4101 NORTH AMERICAN STREETPHILADELPHIAPA19140412249712SCHOOLPA501C32Yes (true)ASPIRA INC
EUGENIO MARIA DE HOSTOS CHARTER
6301 NORTH 2ND STREETPHILADELPHIAPA19120232964772SCHOOLPA501C32Yes (true)ASPIRA INCSCHOOL
JOHN B STETSON CHARTER SCHOOL
3200 B STREETPHILADELPHIAPA19134272840106SCHOOLPA501C32Yes (true)ASPIRA INC
ASPIRA BILINGUAL CYBER CHARTER
4322 NORTH 5TH STREETPHILADELPHIAPA19140263090600SCHOOLPA501C32Yes (true)ASPIRA INCSCHOOL
OLNEY CHARTER HIGH SCHOOL
100 WEST DUNCANNON AVENUEPHILADELPHIAPA19120452040612SCHOOLPA501C32Yes (true)ASPIRA INC
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (true)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (true)LoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgYes (true)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (18 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxtBusiness Name Line2OtherOrganizationName/BusinessNameLine2
ASPIRA INC OF PENNSYLVANIA
D$1,297,500COST
OLNEY CHARTER HIGH SCHOOL
D$100,000COST
ASPIRA INC OF PENNSYLVANIA
E$163,681COST
ANTONIA PANTOJA CHARTER SCHOOL
J$960,000COST
EUGENIO MARIA DE HOSTOS CHARTER
J$420,000COSTSCHOOL
OLNEY CHARTER HIGH SCHOOL
J$100,000COST
ASPIRA INC OF PENNSYLVANIA
J$240,000COST
ASPIRA INC OF PENNSYLVANIA
DLOAN GUARANTEE
EUGENIO MARIA DE HOSTOS CHARTER
DLOAN GUARANTEESCHOOL
JOHN B STETSON CHARTER SCHOOL
DLOAN GUARANTEE
ASPIRA COMMUNITY ENTERPRISES INC
DLOAN GUARANTEEBY ACE/DOUGHERTY LLC
ASPIRA INC OF PENNSYLVANIA
ELOAN GUARANTEE
EUGENIO MARIA DE HOSTOS CHARTER
ELOAN GUARANTEESCHOOL
ANTONIA PANTOJA CHARTER SCHOOL
ELOAN GUARANTEE
JOHN B STETSON CHARTER SCHOOL
ELOAN GUARANTEE
OLNEY CHARTER HIGH SCHOOL
ELOAN GUARANTEE
ASPIRA BILINGUAL CYBER CHARTER
ELOAN GUARANTEESCHOOL
ACEDOUGHERTY LLC
ELOAN GUARANTEEBY ASPIRA COMMUNITY ENTERPRISES INC

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