READING TERMINAL MARKET CORPORATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- READING TERMINAL MARKET CORPORATION (EIN 23-2754641)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-02-14
- IRS object ID
- 201320459349302452
- Schema version
- 2011v1.5
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-02-14T15:14:57-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 111986323 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARCUM LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 BALA PLAZA EAST 700 | AddressLine1 |
| City | BALA CYNWYD | City |
| State | PA | State |
| ZIP Code | 19004 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232754641 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | READING TERMINAL MARKET CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | READ | NameControl |
| Phone | 2159222317 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12TH AND ARCH STREETS | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19107 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | EUGENE LEFEVRE | Name |
| Title | TREASURER | Title |
| Phone | 2159222317 | Phone |
| Date Signed | 2013-02-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KATHLEEN A LENS | Name |
| PTIN | P00841626 | PTIN |
| Phone | 4842702500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | EUGENE LEFEVRE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12TH AND ARCH STREETS | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19107 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4088583 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.READINGTERMINALMARKET.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1995 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | THE ORGANIZATION WAS CREATED EXCLUSIVELY TO PRESERVE AND MAINTAIN THE HISTORIC CHARACTER AND OVERSEE THE OPERATIONS OF THE READING TERMINAL MARKET. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 8 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 8 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 58497 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 115342 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3800258 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3862528 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 11438 | InvestmentIncomePriorYear |
| Investment Income Current Year | 6863 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 58740 | OtherRevenuePriorYear |
| Other Revenue Current Year | 60750 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 3928933 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4045483 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 599398 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 615815 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 25202 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3010935 | OtherExpensePriorYear |
| Other Expenses Current Year | 3267674 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 3610333 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3883489 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 318600 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 161994 | RevenuesLessExpensesCY |
| Total Assets BOY | 3289837 | TotalAssetsBOY |
| Total Assets EOY | 5917678 | TotalAssetsEOY |
| Total Liabilities BOY | 826668 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3292514 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 2463169 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2625164 | NetAssetsOrFundBalancesEOY |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3638700 | Expense |
| Revenue | 3862528 | Revenue |
| Description | THE ORGANIZATION WAS CREATED EXCLUSIVELY TO PRESERVE AND MAINTAINTHE HISTORIC CHARACTER AND OVERSEE THE OPERATIONS OF THE READINGTERMINAL MARKET | Description |
| Total Program Service Expense | 3638700 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 8 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 8 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ORGANIZATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2159222317 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12TH AND ARCH STREETS | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19107 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (10 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| EUGENE LEFEVRE | ||||||
| TREASURER | 0.00 | X | 0 | 0 | 0 | |
| BRENT COSSROW | ||||||
| VICE CHAIR | 0.00 | X | 0 | 0 | 0 | |
| HONORABLE MARK SQUILLA | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| KEN MATTY | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| AHMEENAH YOUNG | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| ALBERT M MEZZAROBA | ||||||
| BOARD CHAIR | 0.00 | X | 0 | 0 | 0 | |
| KAREN RANDAL | ||||||
| SECRETARY | 0.00 | X | 0 | 0 | 0 | |
| JENNIFER RODRIGUEZ | ||||||
| DIRECTOR AT LARGE | 0.00 | X | 0 | 0 | 0 | |
| RUSSELL MEDDIN | ||||||
| DIRECTOR | 0.00 | X | 0 | 0 | 0 | |
| PAUL STEINKE | ||||||
| GENERAL MANAGER | 40.00 | 131445 | 0 | 7887 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 131445 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 7887 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| JOSEPH JINGOLI & SONS INC | |||||
| 100 LENOX DRIVE SUITE 100 | LAWRENCEVILLE | NJ | 08648 | CONSTRUCTION | 2014851 |
| ABM SECURITY COMPANY | |||||
| 1501 CALOON HOOK ROAD | DARBY | PA | 19023 | SECURITY | 336016 |
| MAUER & SONS CONSTRUCTION | |||||
| 115 CROSS KEYS RD | BERLIN | NJ | 08009 | CONSTRUCTION | 296257 |
| ISS MAINTENANCE-HOUSEKEEPING | |||||
| 2000 BISHOPS GATE BLVD | MOUNT LAUREL | NJ | 08054 | HOUSEKEEPING | 296241 |
| ENVIRONMENTAL WASTE TRASH HAULER | |||||
| 221 N OLIVE ST | MEDIA | PA | 19063 | TRASH REMOVAL | 163816 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
| All Other Contributions | 115342 | AllOtherContributions |
| Total Contributions | 115342 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OPERATIONS MANAGEMENT | Description |
| Business Code | 531390 | BusinessCode |
| Total Revenue Column | 3862528 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3862528 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3862528 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6863 | TotalRevenueColumn |
| Exclusion | $6,863 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 103850 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 43100 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 60750 | TotalRevenueColumn |
| Exclusion | $60,750 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4045483 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3862528 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $67,613 | ExclusionAmount |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 491584 | Total |
| Program Services | 422762 | ProgramServices |
| Management And General | 49159 | ManagementAndGeneral |
| Fundraising | 19663 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27642 | Total |
| Program Services | 23772 | ProgramServices |
| Management And General | 2764 | ManagementAndGeneral |
| Fundraising | 1106 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60832 | Total |
| Program Services | 52316 | ProgramServices |
| Management And General | 6083 | ManagementAndGeneral |
| Fundraising | 2433 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35757 | Total |
| Program Services | 30751 | ProgramServices |
| Management And General | 3576 | ManagementAndGeneral |
| Fundraising | 1430 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 71695 | Total |
| Program Services | 71695 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25200 | Total |
| Management And General | 25200 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2444 | Total |
| Program Services | 2444 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 303843 | Total |
| Program Services | 303843 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32552 | Total |
| Program Services | 32552 | ProgramServices |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4701 | Total |
| Program Services | 4466 | ProgramServices |
| Management And General | 235 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5376 | Total |
| Program Services | 5107 | ProgramServices |
| Management And General | 269 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1325 | Total |
| Program Services | 1259 | ProgramServices |
| Management And General | 66 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12814 | Total |
| Program Services | 12814 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 323043 | Total |
| Program Services | 306891 | ProgramServices |
| Management And General | 16152 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 146802 | Total |
| Program Services | 138832 | ProgramServices |
| Management And General | 7690 | ManagementAndGeneral |
| Fundraising | 280 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| FACILITIES | 1176184 | 1117375 | 58809 | 0 |
| UTILITIES | 881251 | 837188 | 44063 | 0 |
| REAL ESTATE TAXES | 88434 | 84012 | 4422 | 0 |
| CUSTOMER PARKING PROGRA | 83893 | 83893 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 108117 | Total |
| Program Services | 106728 | ProgramServices |
| Management And General | 1099 | ManagementAndGeneral |
| Fundraising | 290 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3883489 | Total |
| Program Services | 3638700 | ProgramServices |
| Management And General | 219587 | ManagementAndGeneral |
| Fundraising | 25202 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 528856 | BOY |
| EOY | 590233 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 168446 | BOY |
| EOY | 165885 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57608 | BOY |
| EOY | 58894 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 6472345 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1993408 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1149680 | BOY |
| EOY | 4478937 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 985108 | BOY |
| EOY | 586260 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 400139 | BOY |
| EOY | 37469 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3289837 | BOY |
| EOY | 5917678 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 250272 | BOY |
| EOY | 577333 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 392312 | BOY |
| EOY | 2518486 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 184084 | BOY |
| EOY | 196695 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 826668 | BOY |
| EOY | 3292514 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2463169 | BOY |
| EOY | 2625164 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2463169 | BOY |
| EOY | 2625164 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3289837 | BOY |
| EOY | 5917678 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 161994 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 55950 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 111525 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 119143 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 58497 | CurrentTaxYearMinus1Year |
| Current Tax Year | 115342 | CurrentTaxYear |
| Total | 460457 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3373801 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3440919 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3630874 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3800258 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3862528 | CurrentTaxYear |
| Total | 18108380 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3429751 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3552444 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3750017 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3858755 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3977870 | CurrentTaxYear |
| Total | 18568837 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 18568837 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 47968 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 19756 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 11560 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 11438 | CurrentTaxYearMinus1Year |
| Current Tax Year | 6863 | CurrentTaxYear |
| Total | 97585 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 47968 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 19756 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 11560 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 11438 | CurrentTaxYearMinus1Year |
| Current Tax Year | 6863 | CurrentTaxYear |
| Total | 97585 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3477719 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3572200 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3761577 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3870193 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3984733 | CurrentTaxYear |
| Total | 18666422 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.99480 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.99260 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00520 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.00740 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 6099750 | InvestmentCostOrOtherBasis |
| Depreciation | 1809244 | Depreciation |
| Book Value | 4290506 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 372595 | InvestmentCostOrOtherBasis |
| Depreciation | 184164 | Depreciation |
| Book Value | 188431 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 4478937 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MONEY MARKET AND CERTIFICATES OF DEPOSIT | Description |
| Book Value | 586260 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 586260 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| TENANTS' SECURITY DEPOSIT | $147,471 |
| GIFT CERTIFICATE PROGRAM | $49,224 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 196695 | TotalOfAmounts |
| Total Revenue | 4045483 | TotalRevenue |
| Total Expenses | 3883489 | TotalExpenses |
| Excess Or Deficit For Year | 161994 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | 161994 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 4045483 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 4045483 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4045483 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 3883489 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 3883489 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 3883489 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X: | ReturnReference |
| Explanation | 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 CORPORATION'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 CORPORATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF JUNE 30, 2012, THERE ARE NO UNCERTAIN POSITIONS 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 2009. MANAGEMENT DOES NOT BELIEVE THERE IS ANY UNRELATED BUSINESS INCOME. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | VALENTINES DAY FUNDRAISING EVENT | NameOfEvent1 |
| Gross Receipts Event1 | 103850 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 103850 | GrossRevenueEvent1 |
| Entertainment Event1 | 12930 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 30170 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 103850 | GrossReceiptsTotal |
| Gross Revenue Total Events | 103850 | GrossRevenueTotalEvents |
| Entertainment Total Events | 12930 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 30170 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 43100 | DirectExpenseSummaryEvents |
| Net Income Summary | 60750 | NetIncomeSummary |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| 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, INCLUDED 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, INCLUDED 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. |
| 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. |
Comments