2014-11-13T08:03:50-06:00 2013-12-31 131639826 EISNERAMPER LLP 101 WEST AVENUE PO BOX 458 JENKINTOWN PA 190460458 990 2013-01-01 521693162 BEECH INTERPLEX INC BEEC 2157638824 1510 CECIL B MOORE AVE NO 300 PHILADELPHIA PA 19121 KENNETH SCOTT PRESIDENT 2157638824 2014-11-07 1 DAVID A GRUBER P00010875 2158818800 2013 2015-11-30 17:44:51Z KENNETH SCOTT 1510 CECIL B MOORE AVE NO 300 PHILADELPHIA PA 19121 6148401 0 X WWW.BEECHINTERPLEX.COM X 1990 PA TO SPEARHEAD THE REVITALIZATION OF THE CECIL B. MOORE NEIGHBORHOOD (A 26 SQUARE BLOCK AREA IN NORTH CENTRAL PHILADELPHIA). 5 3 10 0 0 0 2316614 85455 5106419 5751142 1359 254324 16901 593 7441293 6091514 0 0 0 0 878445 895340 0 0 0 5730833 5282214 6609278 6177554 832015 -86040 41944312 40925309 39566633 38633670 2377679 2291639 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 1072627 1032550 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. 4601252 4972298 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). 215043 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. 0 5888922 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 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 3 0 1 10 1 0 0 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 1 1 0 0 PA X LARRY GRIFFIN TREASURER 2157638824 1510 CECIL B MOORE AVE PHILADELPHIA PA 19121 RICHARD BAZELON ESQ CHAIRMAN 2.00 X 0 0 0 REV WILLIAM B MOORE DIRECTOR 2.00 X 0 0 0 SHIRLEY GREGORY DIRECTOR 2.00 X 0 0 0 KENNETH SCOTT PRESIDENT/CEO 35.00 5.00 X 133100 0 27500 ROBERT SMITH DECEASED FORMER SECRETARY 40.00 1.00 X 86308 0 10471 LARRY GRIFFIN TREASURER 35.00 5.00 X 102850 0 14621 322258 0 52592 2 0 1 0 0 85455 85455 BEECH LLC RENTALS 532000 2925389 2925389 BEECH INTERNATIONAL LL 532000 2031350 2031350 RENTAL INCOME 532000 778844 778844 LAUNDRY REVENUES 532000 15559 15559 5751142 1211 1211 310000 56887 253113 253113 253113 MISCELLANEOUS REVENUES 900099 593 593 593 6091514 6004848 0 1211 364181 228681 135500 419884 419884 3694 3694 35778 35778 71803 71803 193349 193349 29674 29674 73875 73875 199157 199157 68996 68996 102463 55111 47352 635009 635009 8872 8872 16375 16375 1962040 1962040 1223133 1223133 138825 136594 2231 PROGRAM SERVICES 215043 215043 OUTSIDE SERVICES 181865 181865 REPAIRS & MAINTENANCE 67484 67484 REAL ESTATE TAXES 40333 40333 125721 125721 6177554 5888922 288632 0 1750654 1522713 4447202 4495421 82807 129063 55117 145528 41217641 8272329 33845773 32945312 1762759 1687272 41944312 40925309 710765 709699 1470623 1258390 32472242 31947519 4738903 4539557 174100 178505 39566633 38633670 X 2183616 2137301 194063 154338 2377679 2291639 41944312 40925309 -86040 0 X X 0 1 X 1 1 1 X 245513 26989 199472 2316614 85455 2874043 4466321 4464653 4444181 5106419 6004255 24485829 4711834 4491642 4643653 7423033 6089710 27359872 0 444813 472120 517533 457559 410947 2302972 444813 472120 517533 457559 410947 2302972 25056900 249520 4385 1991 1359 1211 258466 249520 4385 1991 1359 1211 258466 593 593 4961354 4496027 4645644 7424392 6091514 27618931 0.90720 0.89460 0.00940 0.01190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1625767 1625767 37297346 7342344 29955002 2294528 929985 1364543 32945312 SECURITY DEPOSITS 178505 178505 X PART X, LINE 2: THE INTERNAL REVENUE SERVICE ("IRS") HAS CLASSIFIED BEECH INTERPLEX, INC. AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, THE CONSOLIDATED FINANCIAL STATEMENTS DO NOT INCLUDE A PROVISION FOR INCOME TAXES. ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY BEECH INTERPLEX, INC., AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2013, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WAS NO INCOME TAX RELATED INTEREST OR PENALTIES RECORDED FOR THE YEARS ENDED DECEMBER 31, 2013. FEDERAL FORM 990 INFORMATION RETURNS FOR BEECH INTERPLEX, INC. FOR THE YEARS 2010, 2011, AND 2012 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. X X 0 0 0 0 0 0 0 0 0 KENNETH SCOTT PRESIDENT/CEO 133100 0 0 0 0 0 4840 0 22660 0 160600 0 0 0 A REDEVELOPMENT AUTHORITY OF THE CITY OF PHILADELPHIA 236005062 717868CB7 2003-09-30 17882983 CONSTRUCTION OF STUDENT HOUSING 0 0 0 B PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 7178185C8 2010-09-08 17029650 CONSTRUCTION OF INTERNATIONAL STUDENT HOUSING 0 0 0 A 17882983 1220563 357660 1162222 15142538 2004 0 0 1 1 B 17029650 665438 339700 16024512 2011 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 0 B 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 11 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 12C SINCE DEVELOPMENT ACTIVITIES HAVE THE MOST EXPOSURE FOR CONFLICTS, ALL NEW DEVELOPMENT ACTIVITIES ARE REVIEWED FOR CONFLICTS PRIOR TO MAKING ANY COMMITMENTS. THERE IS NO OTHER COMPLIANCE MONITORING. FORM 990, PART VI, SECTION B, LINE 15A ALL INCREASES IN SALARIES ARE PRESENTED TO THE BOARD OF DIRECTORS 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 XII, LINE 2C THE BOARD OF DIRECTORS IS RESPONSIBLE FOR AUDIT OVERSIGHT AND SELECTION OF INDEPENDENT AUDITORS, AS NO SEPARATE COMMITTEES OF THE BOARD OF DIRECTORS EXIST. THIS PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR. BEECH LLC (SINGLE MEMBER LLC) 1510 CECIL B MOORE AVE PHILADELPHIA PA 19121 760740165 STUDENT HOUSING PA 2925641 16277687 N/A BEECH INTERNATIONAL LLC (SINGLE MEMBER LLC) 1510 CECIL B MOORE AVE PHILADELPHIA PA 19121 272967019 STUDENT HOUSING PA 2081427 16249760 N/A BEECH CAPITAL VENTURE CORPORATION 1510 CECIL B MOORE AVENUE PHILADELPHIA PA 19121 233100744 PROMOTE ECONOMIC AND COMMUNITY DEVELOPMENT IN LOW TO MODERATE INCOME AREA PA 501(C)(3) LINE 7 N/A 0 BEECH COMMUNITY SERVICES 1510 CECIL B MOORE AVENUE PHILADELPHIA PA 19121 204968928 PROMOTE AND STRENGTHEN THE QUALITY OF LIFE FOR RESIDENTS PA 501(C)(3) LINE 7 N/A 0 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 N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0