2023-05-10T08:29:06-05:00 2022-06-30 111986323 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2021-07-01 232754641 READING TERMINAL MARKET CORPORATION READ 2159222317 1136 ARCH STREET 400 PHILADELPHIA PA 19107 EUGENE LEFEVRE TREASURER 2159222317 2023-05-02 1 EUGENE LEFEVRE 999009999 FRANK H SMITH P00639053 2022274000 2023-05-02 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z X EUGENE LEFEVRE 12TH AND ARCH STREETS PHILADELPHIA PA 19107 5282473 0 X WWW.READINGTERMINALMARKET.ORG X 1995 PA THE ORGANIZATION WAS CREATED EXCLUSIVELY TO PRESERVE AND MAINTAIN THE HISTORIC CHARACTER AND OVERSEE THE OPERATIONS OF THE READING TERMINAL MARKET. 8 8 37 9 0 0 1641996 696589 4288141 4585507 9380 377 0 0 5939517 5282473 0 0 0 0 1185241 1228307 0 0 25274 3361329 3966726 4546570 5195033 1392947 87440 9060638 10552612 4059776 5464310 5000862 5088302 TO PRESERVE THE ARCHITECTURAL AND HISTORICAL CHARACTER, AND FUNCTION, OF THE READING TERMINAL MARKET AS AN URBAN FARMERS' MARKET. TO PROVIDE A WIDE VARIETY OF PRODUCE, MEAT, FISH, BAKERY AND DAIRY PRODUCTS, AND OTHER RAW AND PREPARED FOOD, BROUGHT TO A PUBLIC MARKET. 0 0 4881804 4585507 THE ORGANIZATION WAS CREATED EXCLUSIVELY TO PRESERVE AND MAINTAIN THE HISTORIC CHARACTER AND OVERSEE THE OPERATIONS OF THE READING TERMINAL MARKET. 4881804 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 37 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X CHRISTIANNE KAPPS 2159222317 12TH AND ARCH STREETS PHILADELPHIA PA 19107 X ALBERT M MEZZAROBA CHAIRMAN 1.00 X X 0 0 0 BRENT A COSSROW VICE CHAIRMAN 1.00 X X 0 0 0 EUGENE LEFEVRE TREASURER 1.00 X X 0 0 0 ANNE KELLY DIRECTOR 1.00 X 0 0 0 JOHN J MCNICHOL DIRECTOR 1.00 X 0 0 0 MARK SQUILLA DIRECTOR 1.00 X 0 0 0 DAWN SUMMERVILLE DIRECTOR 1.00 X 0 0 0 KERI WHITE DIRECTOR 1.00 X 0 0 0 HELEN A ALLMAN GENERAL MANAGER 40.00 X 119372 0 17218 TIMOTHY CULLINAN ASSISTANT GENERAL MANAGER & DIRECTOR OF OPERATIONS 40.00 X 103758 0 8642 MICHAEL ANTHONY GENERAL MANAGER 40.00 X 100859 0 15770 323989 0 41630 3 0 0 0 G4S SOLUTIONS 600 FELDWOOD ROAD COLLEGE PARK GA 30349 SECURITY 337609 ELLIOTT-LEWIS 2900 BLACK LAKE PLACE PHILADELPHIA PA 19154 PLUMBING SERVICES 230873 ALLIED UNIVERSAL PO BOX 828854 PHILADELPHIA PA 19182 SECURITY SERVICES 145797 PARKWAY CORP 150 N BROAD STREET PHILADELPHIA PA 19102 PARKING SERVICES 122005 ATHENA CONTRACTING 2825 S WARNOCK STREET PHILADELPHIA PA 19148 TRASH COLLECTION 110764 5 24805 463898 207886 696589 OPERATIONS MANAGEMENT 531390 4585507 4585507 4585507 377 377 0 24805 0 0 5282473 4585507 0 377 1010160 929347 60610 20203 16107 14819 966 322 116660 107326 7000 2334 85380 78549 5123 1708 103314 103314 57013 57013 20900 20577 323 413871 413871 49528 47053 1768 707 24695 23460 1235 2192481 2082857 109624 5042 4790 252 113505 113505 590621 561090 29531 252033 239431 12602 CUSTOMER PARKING PROG. 103529 103529 RENTAL EXPENSE 20606 19576 1030 BANK CHARGES 11415 10844 571 DUES AND SUBSCRIPTIONS 6147 5840 307 2026 2026 5195033 4881804 287955 25274 4496042 6432008 622149 288622 192685 187448 8978280 5333746 3749762 3644534 9060638 10552612 538715 565185 3116673 4423840 404388 475285 4059776 5464310 X 3494310 4469250 1506552 619052 5000862 5088302 9060638 10552612 87440 0 X X 0 1 X 1 0 X 337755 724541 245191 1641996 696589 3646072 5130362 5126026 4895487 4288141 4585507 24025523 5468117 5850567 5140678 5930137 5282096 27671595 0 95226 825539 715457 790103 2426325 95226 825539 715457 790103 2426325 25245270 9278 17512 25060 9380 377 61607 9278 17512 25060 9380 377 61607 5477395 5868079 5165738 5939517 5282473 27733202 0.91030 0.93820 0.00220 0.00240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8572467 4927933 3644534 405813 405813 0 3644534 TENANTS' SECURITY DEPOSIT 146384 GIFT CERTIFICATE PROGRAM 325986 CAPITAL LEASE OBLIGATION 2915 475285 X 5282473 0 5282473 0 5282473 5195033 0 5195033 0 5195033 PART X, LINE 2: THE CORPORATION IS A NONPROFIT ORGANIZATION WHICH IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. INCOME UNRELATED TO THE CORPORATION'S EXEMPT PURPOSE WOULD BE SUBJECT TO FEDERAL AND STATE INCOME TAXES. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE CORPORATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF JUNE 30, 2022 AND 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CORPORATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT DOES NOT BELIEVE THERE IS ANY UNRELATED BUSINESS INCOME SUMMER GIVING CAMPAIGN 24805 24805 24805 24805 FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO THE GOVERNING BOARD MEMBERS PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS CONFIRM NO CONFLICT OF INTEREST ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR ALL EMPLOYEES, INCLUDING THE EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AS PART OF THE BUDGETING PROCESS. FORM 990, PART VI, SECTION C, LINE 19 A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO GOVERNING BOARD MEMBERS PRIOR TO BEING FILED. BOARD MEMBERS CONFIRM NO CONFLICT OF INTEREST ANNUALLY. COMPENSATION FOR ALL EMPLOYEES, INCLUDING THE EXECUTIVE DIRECTOR, IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AS PART OF THE BUDGETING PROCESS. EACH OF THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE PRESENTED TO THE BOARD BY THE EXECUTIVE DIRECTOR AND THE ENGAGEMENT PARTNER. ONCE SATISFIED, THE BOARD FORMALLY APPROVES THE AUDITED FINANCIAL STATEMENTS. 990, PART XII, LINE 2C THE ORGANIZATION'S PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.