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    <Timestamp>2013-05-11T13:45:09-05:00</Timestamp>
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        <BusinessNameLine1>ZELENKOFSKE AXELROD LLC</BusinessNameLine1>
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        <AddressLine1>2370 YORK ROAD SUITE A-5</AddressLine1>
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        <State>PA</State>
        <ZIPCode>19104</ZIPCode>
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      <Name>FARAH JIMENEZ PRESIDENT AND CEO</Name>
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      <Name>DONNA SCAMBY-POWERS</Name>
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        <State>PA</State>
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        <Description>BUILDINGS - FAMILIES AT PEC START OUT IN OUR HOUSING AT GLORIA'S PLACE, WHERE, ONCE THEY ARE INITIALLY STABILIZED, THEY BEGIN TO ADDRESS MANY OF THE UNDERLYING PROBLEMS THAT MAY HAVE LED TO THEIR HOMELESSNESS. OUR EMERGENCY HOUSING OFFERS SEVEN DORMITORY ROOMS WITH COMMON BATHROOMS, A CAFETERIA, VISITOR'S LOUNGE, LIBRARY, AND COMPUTER LAB. FAMILIES RECEIVE FOOD, CLOTHING, HEALTHCARE, SCHOOL SUPPLIES, AND BOOKS. PLAY SPACES CREATE A WELCOMING ENVIROMENT WHERE CHILDREN CAN LEARN AND THRIVE. AS FAMILIES IN OUR EMERGENCY SHELTER ACQUIRE CORE LIFE SKILLS AS A RESULT OF THE SOCIAL SERVICE PROGRAMS OFFERED, THEY ARE ELIGIBLETO MOVE TO ONE OF OUR ELEVEN SINGLE-FAMILY TRANSITIONAL HOUSING ROOMS IN OUR MAIN FACILITY, AT 3902 SPRING GARDEN STREET. THE BENEFITS OF INCREASED PRIVACY AND THEIR OWN BATHROOM COME WITH MORE FINANCIAL RESPONSIBILITY, WHICH HELPS PREPARE FAMILIES FOR INDEPENDENT LIVING.EACH FAMILY THAT GRADUATES FROM PEC'S TRANSITIONAL HOUSING INTO PERMANENT HOUSING RECEIVES CASE MANAGEMENT FOR A FULL YEAR, INCLUDING GUIDANCE IN RUNNING A HOUSEHOLD AND BEING A GOOD NEIGHBOR, ASSISTANCE WITH FINDING, KEEPING, AND ADVANCING IN A JOB, AND FOLLOW-UP SERVICES FOR HEALTHCARE, MENTAL HEALTHCARE, CHILDCARE, AND DRUG AND ALCOHOL PROBLEMS.</Description>
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        <Description>COMMUNITY DEVELOPEMENT - THE COMMUNITY DEVELOPEMENT PROGRAM IS THE REAL ESTATE ARM OF PEC. ON ITS OWN, OR THROUGH CONTRACTUAL RELATIONSHIPS, PECCDC ACQUIRES, SELLS, RENTS, REHABILITATES, AND MANAGES PROPERTIES IN THE WEST PHILADELPHIA COMMUNITY IN WHICH PEC CARRIES OUT ITS PROGRAMS AND SERVICES. WEST PHILADELPHIA COMMUNITIES ARE STRENGTHENED THROUGH PROJECTS THAT EXPAND HOUSING OPPURTUNITIES, STIMULATE ECONOMIC GROWTH, CREATE WEALTH AND IMPROVE THE QUALITY OF LIFE FOR ALL RESIDENTS.</Description>
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      <GeneralExplanation>
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        <Explanation>THE DOCUMENT IS REVIEWED BY ALL MEMBERS OF THE BOARD OF DIRECTORS AND APPROVAL SIGNED OFF BY THE AUDIT COMMITTEE BEFORE FILING.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST ASSESSMENT UPON INITIAL EMPLOYMENT AND TO DISCLOSE ANY SUBSEQUENT CONFLICTS THAT MAY ARISE WITH HR IMMEDIATELY.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 15</ReturnReference>
        <Explanation>THE EXECUTIVE VICE PRESIDENT, CFO AND HR DRAFT A COMPARABILITY STUDY BY GATHERING MARKET DATA ON SALARIES AT SIMILAR ORGANIZATIONS. THE STUDY IS THEN PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD. THE COMMITTEE REVIEWS THE ANALYSIS THOROUGHLY AND DECIDES ON A FINAL COMPENSATION AMOUNT FOR THE PRESIDENTS POSITION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
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        <Explanation>THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, WHISTLE BLOWER AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST VIA THE WEBSITE WWW.PEC-CARES.ORG.</Explanation>
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          <State>PA</State>
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          <State>PA</State>
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          <City>PHILADELPHIA</City>
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        <PublicCharityStatus>LINE 7</PublicCharityStatus>
        <ControlledOrg>0</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>SAUNDERS PARK LP</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>325 N 39TH STREET</AddressLine1>
          <City>PHILADELPHIA</City>
          <State>PA</State>
          <ZIPCode>19004</ZIPCode>
        </AddressUS>
        <EIN>232832235</EIN>
        <PrimaryActivity>PROPERTY MANAGEMENT</PrimaryActivity>
        <LegalDomicileState>PA</LegalDomicileState>
        <PredominantIncomeType>RELATED</PredominantIncomeType>
        <DisproportionateAllocations>0</DisproportionateAllocations>
        <GeneralOrManagingPartner>0</GeneralOrManagingPartner>
      </Form990ScheduleRPartIII>
      <ReceiptOfIntAnnRentsRoyalties>0</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>1</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>1</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>1</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>0</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>0</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>1</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>0</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>0</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>0</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>0</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>0</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>1</SharingOfFacilities>
      <SharingOfPaidEmployees>0</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>0</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>1</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>1</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>0</OtherTransferFromOtherOrg>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>SAUNDERS PARK LP</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>E</TransactionType>
        <AmountInvolved>12354</AmountInvolved>
        <MethodOfAmtDetermination>ACTUAL</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>THE PEC FOUNDATION</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>P</TransactionType>
        <AmountInvolved>5000</AmountInvolved>
        <MethodOfAmtDetermination>ACTUAL</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>THE PEC FOUNDATION</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>C</TransactionType>
        <AmountInvolved>240993</AmountInvolved>
        <MethodOfAmtDetermination>ACTUAL</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>SAUNDERS PARK LP</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>Q</TransactionType>
        <AmountInvolved>240993</AmountInvolved>
        <MethodOfAmtDetermination>ACTUAL</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>SAUNDERS PARK LP</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>P</TransactionType>
        <AmountInvolved>105739</AmountInvolved>
        <MethodOfAmtDetermination>ACTUAL</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>THE PEC FOUNDATION</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>E</TransactionType>
        <AmountInvolved>1421</AmountInvolved>
        <MethodOfAmtDetermination>ACTUAL</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>THE PEC FOUNDATION</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>E</TransactionType>
        <AmountInvolved>5735</AmountInvolved>
        <MethodOfAmtDetermination>ACTUAL</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>IMANI HOMES</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>C</TransactionType>
        <AmountInvolved>227464</AmountInvolved>
        <MethodOfAmtDetermination>ACTUAL</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>BIG DAISY</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>D</TransactionType>
        <AmountInvolved>26072</AmountInvolved>
        <MethodOfAmtDetermination>ACTUAL</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>SAUNDERS PARK LP</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>E</TransactionType>
        <AmountInvolved>100000</AmountInvolved>
        <MethodOfAmtDetermination>ACTUAL</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
    </IRS990ScheduleR>
  </ReturnData>
</Return>