2013-11-11T08:46:32-06:00 2012-12-31 131639826 EISNERAMPER LLP 101 WEST AVENUE PO BOX 458 JENKINTOWN PA 190460458 990 2012-01-01 521693162 BEECH INTERPLEX INC BEEC 2157638824 1510 CECIL B MOORE AVE NO 300 PHILADELPHIA PA 19121 KENNETH SCOTT 2157638824 2013-11-06 1 DAVID A GRUBER P00010875 2158818800 2012 2016-03-07 17:11:31Z KENNETH SCOTT 1510 CECIL B MOORE AVE NO 300 PHILADELPHIA PA 19121 7441293 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). 6 3 9 0 0 0 199450 2316614 4444181 5106419 1991 1359 196111 16901 4841733 7441293 42724 0 0 0 731866 878445 0 0 0 3391540 5730833 4166130 6609278 675603 832015 42419878 41944312 40624214 39566633 1795664 2377679 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 1128008 789903 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. 4874174 4334776 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). 204646 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. 6206828 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 9 1 0 0 0 0 0 0 0 0 0 0 X 6 3 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 1 0 0 X LARRY GRIFFIN TREASURER 2157638824 1510 CECIL B MOORE AVE PHILADELPHIA PA 19121 RICHARD BAZELON ESQ 2.00 0.00 X 0 0 0 REV WILLIAM B MOORE 2.00 0.00 X 0 0 0 SHIRLEY GREGORY 2.00 0.00 X 0 0 0 KENNETH SCOTT 35.00 5.00 X 133100 0 26125 ROBERT SMITH 40.00 0.00 X 102950 0 13873 LARRY GRIFFIN 35.00 5.00 X 102850 0 13384 338900 0 53382 3 0 1 0 DOMUS INC 123 AVENUE OF THE ARTS PHILADELPHIA PA 19109 PROJECT MGMT 882646 ALLIEDBARTON SECURITY SERVICES 1760 MARKET STREET PHILADELPHIA PA 19103 SECURITY 107333 2 2202000 114614 2316614 BEECH LLC RENTALS 532000 2354370 2354370 BEECH INTERNATIONAL LL 532000 1879691 1879691 RENTAL INCOME 532000 872358 872358 5106419 1359 1359 MISCELLANEOUS REVENUES 900099 16901 16901 16901 7441293 5123320 0 1359 393360 255255 138105 381734 381734 4291 4291 29922 29922 69138 69138 180816 180816 153559 153559 79635 79635 217533 217533 93934 93934 88582 58350 30232 681999 681999 2784 2784 5025 5025 2013599 2013599 50781 50781 1212491 1212491 141736 140817 919 OUTSIDE SERVICES 221427 221427 REPAIRS & MAINTENANCE 176693 176693 PROGRAM SERVICES 153865 153865 LEASE PARTICIPATION FEE 87370 87370 169004 169004 6609278 6206828 402450 0 1645393 1750654 15666195 4447202 100252 82807 33397 55117 40952002 7106229 23106417 33845773 1868224 1762759 42419878 41944312 296282 710765 1459398 1470623 33907783 32472242 4830768 4738903 129983 174100 40624214 39566633 X 1604312 2183616 191352 194063 1795664 2377679 42419878 41944312 X 832015 -250000 X X 0 1 X 1 1 1 X 111500 245513 26989 199472 2316614 2900088 4113282 4466321 4464653 4444181 5106419 22594856 4224782 4711834 4491642 4643653 7423033 25494944 0 520731 444813 472120 517533 457559 2412756 520731 444813 472120 517533 457559 2412756 23082188 50387 249520 4385 1991 1359 307642 50387 249520 4385 1991 1359 307642 4275169 4961354 4496027 4645644 7424392 25802586 0.89460 0.87230 0.01190 0.01940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1621888 1621888 37231212 6377428 30853784 2098902 728801 1370101 33845773 SECURITY DEPOSITS 174100 174100 X DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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, 2012, 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, 2012. FEDERAL FORM 990 INFORMATION RETURNS FOR BEECH INTERPLEX, INC. FOR THE YEARS 2009, 2010 AND 2011 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 133100 0 0 0 0 0 4840 0 21285 0 159225 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 12 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 CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: ELIMINATION OF INTERCOMPANY CONSTRUCTION MANAGEMENT FEES CAPITALIZED BY SINGLE MEMBER LLC -250,000. OVERSIGHT OF THE AUDIT PROCESS THE BOARD OF DIRECTORS IS RESPONSIBLE FOR AUDIT OVERSIGHT AND SELECTION OF INDEPENDENT AUDITORS, AS NO SEPARATE COMMITTEES OF THE BOARD OF DIRECTORS EXIST. BEECH LLC (SINGLE MEMBER LLC DISREGARDED ENTITY) 1510 CECIL B MOORE AVE PHILADELPHIA PA 19121 760740165 HOUSING PA 2455354 16412659 N/A BEECH INTERNATIONAL LLC (SINGLE MEMBER LLC DISREGARDED ENTITY) 1510 CECIL B MOORE AVE PHILADELPHIA PA 19121 272967019 HOUSING PA 2879781 16646624 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) 170(B)(1)(A)(V) 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) 170(B)(1)(A)(V) 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) 170(B)(1)(A)(V) N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0