2014-02-15T10:15:26-06:00 2013-06-30 111986323 MARCUM LLP 3 BALA PLAZA EAST 700 BALA CYNWYD PA 19004 990 2012-07-01 232754641 READING TERMINAL MARKET CORPORATION READ 2159222317 12TH AND ARCH STREETS PHILADELPHIA PA 19107 EUGENE LEFEVRE 2159222317 2014-02-15 1 KATHLEEN A LENS P00841626 4842702500 2012 2015-11-30 17:44:51Z EUGENE LEFEVRE 12TH AND ARCH STREETS PHILADELPHIA PA 19107 4330453 0 X WWW.READINGTERMINALMARKET.ORG X 1995 PA THE ORGANIZATION WAS CREATED EXCLUSIVELY TO PRESERVE AND MAINTAIN THE HISTORIC CHARACTER AND OVERSEE THE OPERATIONS OF THE READING TERMINAL MARKET. 8 8 8 0 0 0 115342 34685 3862528 4171839 6863 4284 60750 74991 4045483 4285799 0 0 0 0 615815 620562 0 0 33561 3267674 3602536 3883489 4223098 161994 62701 5917678 6163417 3292521 3475559 2625157 2687858 TO PRESERVE THE ARCHITECTURAL AND HISTORICAL CHARACTER, AND FUNCTION, OF THE READING TERMINAL MARKET AS AN URBAN FARMERS' MARKET. TO PROVIDE A WIDE VARIETY OF PRODUCE, MEAT, FISH, BAKERY AND DAIRY PRODUCTS, AND OTHER RAW AND PREPARED FOOD, BROUGHT TO A PUBLIC MARKET. 0 0 3957401 4171839 THE ORGANIZATION WAS CREATED EXCLUSIVELY TO PRESERVE AND MAINTAINTHE HISTORIC CHARACTER AND OVERSEE THE OPERATIONS OF THE READINGTERMINAL MARKET. 3957401 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 8 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X ORGANIZATION 2159222317 12TH AND ARCH STREETS PHILADELPHIA PA 19107 HONORABLE MARK SQUILLA 0.00 X 0 0 0 BRENT A COSSROW 0.00 X 0 0 0 KEN MATTY 0.00 X 0 0 0 AHMEENAH YOUNG 0.00 X 0 0 0 EUGENE LEFEVRE 0.00 X 0 0 0 ALBERT M MEZZAROBA 0.00 X 0 0 0 KAREN RANDAL 0.00 X 0 0 0 JENNIFER RODRIGUEZ 0.00 X 0 0 0 RUSSELL MEDDIN 0.00 X 0 0 0 PAUL STEINKE 40.00 X 132834 0 7887 132834 0 7887 1 0 0 0 ISS MAINTENANCE-HOUSEKEEPING 2000 BISHOPS GATE BLVD MOUNT LAUREL NJ 08054 HOUSEKEEPING 340556 ABM SECURITY COMPANY 50 W POWHATTAN AVE SUITE D ESSINGTON PA 19029 SECURITY 335145 JOSEPH JINGOLI & SON INC 100 LENOX DRIVE SUITE 100 LAWRENCEVILLE NJ 08648 CONSTRUCTION 286341 NELBUD SERVICES GROUP INC PO BOX 271 EGG HARBOR NJ 08215 HVAC SERVICES 115776 4 34685 34685 OPERATIONS MANAGEMENTS 531390 4171839 4171839 4171839 4284 4284 119645 44654 74991 74991 4285799 4171839 0 79275 491452 416260 49145 26047 27669 23436 2767 1466 64873 54948 6487 3438 36568 30973 3657 1938 35995 35995 22000 22000 2579 2450 129 320057 320057 31823 31823 4122 3916 206 7396 7026 370 714 678 36 132373 132373 451650 429067 22583 178222 168639 9237 346 FACILITIES 1280098 1216093 64005 UTILITIES 896773 851934 44839 REAL ESTATE TAXES 91678 87094 4584 CUSTOMER PARKING PROGRA 85107 85107 61949 59532 2091 326 4223098 3957401 232136 33561 590233 1095417 165885 201202 58894 59257 6625919 2441947 4478937 4183972 586260 589209 37469 34360 5917678 6163417 577333 310922 2518486 2952437 196702 212200 3292521 3475559 X 2625157 2687858 2625157 2687858 5917678 6163417 62701 0 X 0 1 X 1 0 X 111525 119143 58497 115342 34685 439192 3440919 3630874 3800258 3862528 4171839 18906418 3552444 3750017 3858755 3977870 4206524 19345610 0 0 0 19345610 19756 11560 11438 6863 4284 53901 19756 11560 11438 6863 4284 53901 3572200 3761577 3870193 3984733 4210808 19399511 0.99720 0.99480 0.00280 0.00520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6232282 2211515 4020767 393637 230432 163205 4183972 CERTIFICATES OF DEPOSIT 589209 F 589209 TENANTS' SECUIRTY DEPOSIT 149361 GIFT CERTIFICATE PROGRAM 62839 212200 4285799 0 4285799 0 4285799 4223098 0 4223098 0 4223098 PART X, LINE 2: THE CORPORATION IS A NONPROFIT ORGANIZATION WHICH IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. INCOME UNRELATED TO THE ORGANIZATION'S EXEMPT PURPOSE WOULD BE SUBJECT TO FEDERAL AND STATE INCOME TAXES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE CORPORATIN HAS TAKEN AN UNCERTAIN POSITION THAT IS MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSTIONS TAKEN AND HAS CONCLUDED THAT AS OF JUNE 30, 2013, THERE ARE NO UNCERTAIN POSTIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. READING TERMINAL MARKET IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES READING TERMINAL MARKET IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2010. MANAGEMENT DOES NOT BELIEVE THERE IS ANY UNRELATED BUSINESS INCOME. VALENTINE TO THE MARKET 119645 0 119645 0 0 0 0 7090 37564 119645 119645 7090 37564 44654 74991 FORM 990, PART VI, SECTION B, LINE 11 A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO THE GOVERNING BOARD MEMBERS PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C COMPENSATION FOR ALL EMPLOYEES, INCLUDING THE EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AS PART OF THE BUDGETING PROCESS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR ALL EMPLOYEES, INCLUDING THE EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AS PART OF THE BUDGETING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO GOVERNING BOARD MEMBERS PRIOR TO BEING FILED. BOARD MEMBERS CONFIRM NO CONFLICT OF INTEREST ANNUALLY. COMPENSATION FOR ALL EMPLOYEES, INCLUDING THE EXECUTIVE DIRECTOR, IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AS PART OF THE BUDGETING PROCESS. EACH OF THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE PRESENTED TO THE BOARD BY THE EXECUTIVE DIRECTOR AND THE ENGAGEMENT PARTNER. ONCE SATISFIED, THE BOARD FORMALLY APPROVES THE AUDITED FINANCIAL STATEMENTS.