Overview
What is Beech Interplex Inc?
Beech Interplex Inc is a nonprofit organization situated in Philadelphia, Pennsylvania, specifically at 1510 Cecil B. Moore Avenue. Their primary mission is to revitalize the neighborhood of Cecil B. Moore, a 26-square-block area in North Central Philadelphia. They have achieved this goal by spearheading the efforts and services of various organizations, as mentioned in their schedule. To date, they have completed four multi-tenant properties through renovation and development, focusing on abandoned properties in the area. This initiative aims to improve and revamp the community, providing a better living environment for its residents. With a team of 11 employees, Beech Interplex Inc is committed to transforming the Cecil B. Moore neighborhood.
Official website here: www.beechinterplex.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (54%)
Beech Interplex Inc has received a One-Star rating from Charity Navigator, primarily due to its low Accountability & Finance score of 54%. This rating reflects significant concerns regarding the organization's financial transparency and governance, particularly highlighted by the absence of independent board members and failure to provide financial statements on its website.
The organization does show some strengths, such as a high program expense ratio of 25 out of 25 points, indicating that it allocates all of its reported expenses directly to its program services. However, the lack of a whistleblower policy and failure to post its tax form online raises questions about its commitment to accountability and ethical standards.
Overall, while Beech Interplex Inc demonstrates effective program expenditure, the substantial deficits in governance and financial transparency contribute to its low rating, suggesting a need for improvement in these areas to enhance trust and accountability with its donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Beech Interplex Inc legitimate?
Beech Interplex Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beech Interplex Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $504,551
Professional Fundraising Fees: $0
Other Salaries and Wages: $188,300
For more financial information, click here
Official website here: www.beechinterplex.com
What is the mission statement of Beech Interplex Inc?
Beech Interplex Inc's mission is centered around revitalizing a specific neighborhood. More precisely, they aim to revitalize a 26-square-block area in North Central Philadelphia, known as the Cecil B. Moore neighborhood. They achieve this by coordinating the efforts and services of various organizations. One of their key strategies involves renovating and developing abandoned properties in the area, as demonstrated by the completion of four multi-tenant properties so far. In summary, Beech Interplex Inc is committed to revitalizing the Cecil B. Moore neighborhood through a collaborative approach that includes property renovation and development.
Official website here: www.beechinterplex.com
Who is the CEO of Beech Interplex Inc?
Kenneth Scott is the President/Ce of Beech Interplex Inc.
Official website here: www.beechinterplex.com
What is the revenue of Beech Interplex Inc?
Beech Interplex Inc's revenue in 2022 was $2,516,500.
Official website here: www.beechinterplex.com
Who are the executives of Beech Interplex Inc and what are their salaries?
The average compensation at Beech Interplex Inc during 2022 was $62,986. There are 11 employees at Beech Interplex Inc.
Here are 6 key members and their salaries:
- Compensation: $260,058
- Related: $0
- Other: $19,976
- Compensation: $128,433
- Related: $0
- Other: $1,292
- Compensation: $93,500
- Related: $0
- Other: $1,292
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.beechinterplex.com
Where can I find the form 990 for Beech Interplex Inc?
Beech Interplex Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.beechinterplex.com
Learn more at the official website: www.beechinterplex.com
Mission Statement of Beech Interplex Inc
Beech Interplex Inc, a nonprofit organization, is dedicated to revitalizing a 26-square-block area in North Central Philadelphia, specifically the Cecil B. Moore neighborhood. Their mission is to coordinate the efforts and services of various organizations to achieve this goal, as outlined in their ongoing plan. The organization's primary focus is on renovation and development, as evidenced by the four multi-tenant properties they have completed within this neighborhood. By renovating and renting abandoned properties, Beech Interplex Inc contributes to the revitalization of the Cecil B. Moore area, improving its overall appearance and potentially increasing property values.
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Impact
July, 2024
Beech Interplex Inc's impact lies in spearheading the revitalization of the Cecil B Moore neighborhood in North Philadelphia. Through their efforts in program development, renovation, and rental of abandoned properties, they have successfully completed four multi-tenant properties in the area. Their mission to coordinate the efforts and services of organizations in this 26-square block neighborhood is aimed at bringing about positive change and progress in the community. Beech Interplex Inc's focus on housing in the area underscores their commitment to providing improved living conditions and opportunities for the residents of Cecil B Moore.
This information is meant to be a general summary of Beech Interplex Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$15,883
- Program Service Revenue: $2,207,149
- Gross Receipts: $2,547,278
Assets and Liabilities:
- Total Assets: $33,685,887
- Total Liabilities: $40,006,516
- Net Assets: -$6,320,629
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BEECH LLC
Revenue
$1,056,033
RENTAL INCOME
Revenue
$1,004,324
BEECH INTERNATIONAL
Revenue
$146,792
Organization Details
Founding Year
1990
Phone
(215) 763-8824Principal Officer
Kenneth Scott
Main Address
1510 CECIL B MOORE AVE 300, PHILADELPHIA, PA, 19121
Website
www.beechinterplex.comNTEE Category
Code: L250 - Housing
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