Beech Interplex Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
TO SPEARHEAD THE REVITALIZATION OF THE CECIL BE MOORE NEIGHBORHOOD A 26 SQUARE BLOCK AREA IN NORTH CENTRAL PHILADELPHIA THROUGH COORDINATION OF THE EFFORTS AND SERVICES OF ORGANIZATIONS CONTINUED ON SCHEDULE O
- Income
- $3.3 million
- Spending
- $6.2 million
- Spent on programs
- 93%
- Reserves
- -63.9 months of spending
- Largest source of income
- fees for its services, 92%
- Employees
- 11
- Volunteers
- 0
- Highest pay
- $126,642, president ce
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 20 out of 100. Higher than 1% of charities in its peer group (housing, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 135% of what it owns.
Living within its means
0 of 15Spending exceeded income by 85% of income.
Income trend
5 of 15Income fell 18% on the year before.
Spending floor
15 of 1593% of spending went to programs and raising each dollar of donations cost 33 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 57 out of 100. Higher than 10% of charities in its peer group (housing, $1m to $10m).
Independent board
5 of 253 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- 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.
- 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.
- COMMUNITY SERVICES 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.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 1990.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.