2012-11-09T10:09:03-06:00 2011-12-31 EISNERAMPER LLP 101 West Avenue Jenkintown PA 19046 990 2011-01-01 521693162 BEECH INTERPLEX INC % MANAGEMENT BEEC 2157638824 1510 CECIL B MOORE AVE PHILADELPHIA PA 19121 KENNETH SCOTT 2012-11-15 true David A Gruber 2158818800 2011 2016-02-24 21:20:13Z KENNETH SCOTT 1510 CECIL B MOORE AVE PHILADELPHIA PA 19121 4841733 false X N/A X 1990 PA TO SPEARHEAD THE REVITALIZATION OF THE CECIL B. MOORE NEIGHBORHOOD (A 26 SQUARE BLOCK AREA IN NORTH CENTRAL PHILADELPHIA). 6 3 4 0 0 26989 199450 4464653 4444181 4385 1991 0 196111 4496027 4841733 49429 42724 0 0 742406 731866 0 0 0 3620739 3391540 4412574 4166130 83453 675603 41183031 42419878 40062970 40624214 1120061 1795664 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. false false 1179571 1046534 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. 2695734 3593758 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). 42724 42724 GRANTS TO AFFILIATED COMPANIES: FINANCIAL CONTRIBUTIONS TO AFFILIATED ORGANIZATION TO FUND COMMUNITY SERVICE ACTIVITIES AND PROMOTE THE REVITALIZATION OF THE CECIL B. MOORE AREA AND OTHER COMMUNITIES IN NORTH CENTRAL PHILADELPHIA. 3918029 true true false false false false false false false true false false false true true false true false false false false false false false false false true false true true false false false false false false false false false false false false false false true true false false false false true 18 0 true 4 true false false false false false false false false false false X 6 3 false false false false false false false true false false false true false false true true false false PA X MANAGEMENT 2157638824 1510 CECIL B MOORE AVE PHILADELPHIA PA 19121 FLOYD ALSTON Dec'd 1012 1.0 X 4000 RICHARD BAZELON ESQ 2.0 X REV WILLIAM B MOORE 2.0 X DR BERNARD C WATSON 1.0 X SHIRLEY GREGORY 2.0 X JAMES S WHITE 1.0 X KENNETH SCOTT 40.0 X 121000 0 30268 ROBERT SMITH 40.0 X 93500 18760 LARRY GRIFFIN 40.0 X 93500 13077 308000 0 66105 1 false true false DOMUS INC 123 AVENUE OF THE ARTS PHILADELPHIA PA 19109 PROJECT MGMT 1157295 1 100000 99450 199450 BEECH LLC RENTALS 532000 3051155 3051155 RENTAL INCOME 532000 808545 808545 DEVELOPER, MGT & ADMIN 561000 47699 47699 BEECH INTERNATIONAL LLC RENTALS 532000 536782 536782 4444181 1991 1991 0 0 0 0 0 0 CONSTRUCTION MANAGEMENT 185090 185090 MISCELLANEOUS REVENUES 11021 11021 196111 4841733 4640292 1991 42724 42724 0 0 0 374105 241183 132922 0 0 272981 272981 3826 3826 36266 36266 44688 35104 9584 175031 175031 0 7342 7342 36285 36285 0 0 0 42648 42648 28462 28462 153588 107543 46045 0 0 519023 519023 8890 8890 0 0 150725 150725 0 683928 683928 84648 79186 5462 BOND INTEREST EXPENSE 895640 895640 REPAIRS & MAINTENANCE 341986 341986 UNIT TELEPHONE MONITORING & A 72757 72757 LEASE PARTICIPATION FEE 50228 50228 140359 129898 10461 4166130 3918029 248101 0 1138902 1645393 16033110 15666195 0 0 230618 100252 0 0 0 0 0 0 0 0 34737 33397 28670506 5564089 21812741 23106417 0 0 0 0 0 0 0 0 1932923 1868224 41183031 42419878 372671 296282 0 0 1428981 1325452 33880000 33520000 0 0 0 0 3767513 4830768 0 0 613805 651712 40062970 40624214 X 989480 1604312 130581 191352 0 0 1120061 1795664 41183031 42419878 675603 X false true true X false X 342262 111500 245513 26989 199472 925736 3902126 4113282 4466321 4464653 4444181 21390563 4244388 4224782 4711834 4491642 4643653 22316299 508205 520731 444813 472120 517533 2463402 508205 520731 444813 472120 517533 2463402 19852897 136165 50387 249520 4385 1991 442448 136165 50387 249520 4385 1991 442448 4380553 4275169 4961354 4496027 4645644 22758747 0.87232 0.89140 0.01944 0.02480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1659888 1659888 0 24056963 4561098 19495864 1713721 1713721 0 1239484 1002991 236943 0 0 0 23106416 0 security deposits 14439 SEcurity deposits, STUDENT HOUSING 115544 UNAMORTIZED BOND PREMIUM/DISCOUNT -57325 ACCRUED BOND INTEREST PAYABLE 445108 Prepaid Rent 133946 651712 PART X, LINE 2 Beech is tax-exempt under Section 501(c)(3) of the Internal Revenue Code and therefore, the combined financial statements do not include a provision for income taxes. Pursuant to the new accounting guidance concerning provisions for uncertain income tax positions, management does not believe there are any uncertain income tax positions. The federal and state tax returns of the Organization for the years ended December 31, 2008, 2009 and 2010 are subject to examination by the Internal Revenue Service and other various taxing authorities. The Organization is not aware of any activities that would jeopardize its tax exempt status. The Organization recognizes accrued interest and penalties associated with uncertain tax positions, if any, as a miscellaneous expense. There was no income tax related interest and penalties recorded for the years ended December 31, 2011 and 2010, respectively. false BEECH COMMUNITY SERVICES 1510 CECIL B MOORE AVENUE PHILADELPHIA PA 19121 204968928 501(C)(3) 22016 CASH CONTRIBUTION ALSTON BEECH FOUNDATION 1510 CECIL B MOORE AVENUE PHILADELPHIA PA 19121 204968831 501(C)(3) 19229 CASH CONTRIBUTION 3 PART II, LINE 1 COLUMN (H): NAME OF ORGANIZATION: BEECH COMMUNITY SERVICES (H) PURPOSE OF GRANT OR ASSISTANCE: FINANCIAL CONTRIBUTIONS TO AFFILIATED ORGANIZATION TO FUND COMMUNITY SERVICE ACTIVITIES NAME OF ORGANIZATION: ALSTON BEECH FOUNDATION (H) PURPOSE OF GRANT OR ASSISTANCE: FINANCIAL CONTRIBUTIONS TO AFFILIATED ORGANIZATION TO FUND GRANT ACTIVITIES TO PROMOTE THE REVITALIZATION OF THE CECIL B. MOORE AREA. X X false false false false false false false false false KENNETH SCOTT 121000 0 0 0 0 0 15400 0 14868 0 151268 0 0 0 REDEVELOPMENT AUTHORITY OF THE CITY OF PHILA 236005062 717868CB7 2003-09-30 17882983 CONSTRUCTION OF STUDENT HOUSING false false false PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 7178185C8 2010-09-08 17029650 CONSTRUCTION OF INTERNATIONAL STUD false false false 0 0 17882983 1220563 0 0 357660 1162222 0 15142538 0 0 2004 false false true true 0 0 17029650 665438 0 0 339700 0 0 16024512 0 0 2011 false false true true false false false false 0.00000 0.00000 0.00000 true false false false false 0.00000 0.00000 0.00000 true false false false 0 false 0 false false false false false 0 false 0 false false COMMITTEES OF GOVERNING BODY FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMMITTEES OF THE GOVERNING BODY THAT WOULD HAVE MINUTES TO DOCUMENT. FORM 990 REVIEW 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. CONFLICT OF INTEREST MONITORING 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. REVIEW OF OFFICER COMPENSATION 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 PEER IN THE NON-PROFIT INDUSTRY. STUDIES USED ARE PREPARED BY GROUPS SUCH AS THE PHILADELPHIA FOUNDATION, PEW FOUNDATION AND GUIDESTAR. AVAILABILITY OF GOVERNING DOCUMENTS 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. 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 DISR 1510 CECIL B MOORE AVE PHILADELPHIA PA 19121 760740165 HOUSING PA 3051155 16800779 NA BEECH INTERNATIONAL LLC (SINGLE ME 1510 CECIL B MOORE AVE PHILADELPHIA PA 19121 272967019 HOUSING PA 808545 17065803 NA BEECH CAPITAL VENTURE CORPORATION 1510 CECIL B MOORE AVENUE PHILADELPHIA PA 19121 233100744 PROMOTE EC PA 501(c)(3) 7 NA false BEECH COMMUNITY SERVICES 1510 CECIL B MOORE AVENUE PHILADELPHIA PA 19121 204968928 PROMOTE AN PA 501(c)(3) 7 NA false ALSTON BEECH FOUNDATION 1510 CECIL B MOORE AVENUE PHILADELPHIA PA 19121 204968831 PROVIDE GR PA 501(c)(3) 11,I NA false false true false false false false false false false false false false true true false false false false