2022-05-16T14:43:40-05:00 2021-06-30 871353108 EISNER ADVISORY GROUP LLC 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2020-07-01 232687223 PEOPLE'S EMERGENCY CENTER COMMUNITY DEVELOPMENT CORPORATION PEOP 2153827523 325 N 39TH STREET PHILADELPHIA PA 19104 KATHLEEN DESMOND PRESIDENT 2153827523 2022-05-16 1 KATHLEEN DESMOND 999009999 HELEN M MARTIN P01330899 2158818800 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z KATHLEEN DESMOND 325 N 39TH STREET PHILADELPHIA PA 19104 1066976 0 X WWW.PEC-CARES.ORG X 1992 PA PECCDC IS THE REAL ESTATE ARM OF RELATED ORGANIZATION PEOPLE'S EMERGENCY CENTER (PEC). ON ITS OWN OR THROUGH CONTRACTUAL RELATIONSHIPS, PECCDC ACQUIRES, SELLS, RENTS, REHABILITATES AND MANAGES PROPERTIES IN THE WEST PHILADELPHIA COMMUNITY WHERE PEC CARRIES OUT ITS PROGRAMS. 7 7 0 0 0 0 1396015 806917 183763 174733 10257 10155 11045 75171 1601080 1066976 0 0 0 0 675244 668505 0 0 0 1174094 1238743 1849338 1907248 -248258 -840272 19126386 19103603 21684497 22501986 -2558111 -3398383 X PEOPLE'S EMERGENCY CENTER COMMUNITY DEVELOPMENT CORPORATION (PECCDC) IS THE REAL ESTATE ARM OF PEOPLE'S EMERGENCY CENTER (PEC). ON ITS OWN, OR THROUGH CONTRACTUAL RELATIONSHIPS, PECCDC ACQUIRES, SELLS, RENTS, REHABILITATES, AND MANAGES PROPERTIES IN THE WEST PHILADELPHIA COMMUNITY WHERE PEC CARRIES OUT ITS PROGRAMS. 0 0 1712778 249904 THIS PAST YEAR MOST OF THE CDC'S WORK FOCUSED ON PROVIDING ECONOMIC AND FOOD RELIEF DURING THE COVID PANDEMIC. OUR FOOD CUPBOARD PROGRAM WENT FROM DISTRIBUTING FOOD 1 DAY A WEEK TO 5 DAYS A WEEK AND BEGAN TO DISTRIBUTE FOOD TO CHURCHES TO ENABLE THEM TO GET FOOD OUT TO THEIR OWN CONGREGATIONS. WE CONTINUED TO ENGAGE YOUTH IN COMMUNITY ENGAGEMENT WORK WHICH FOCUSED ON OUTREACH, FOOD JUSTICE, SOCIAL JUSTICE, AND THE ARTS. OUR REAL ESTATE TEAM ENTERED INTO A JOINT VENTURE TO DEVELOP A MIXED-USE PROPERTY AT THE SITE OF OUR LONG-HELD BANK PROPERTY. 1712778 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 12 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X LOLA ODUNSI VP FINANCE-PEC 2677775815 325 N 39TH STREET PHILADELPHIA PA 19104 KATHY DESMOND PRESIDENT OF PEC 12.00 28.00 X 0 191264 25766 TIMOTHY KLARICH VP FINANCE - PEC (THRU 7/9/21) 12.00 28.00 X 0 114406 21114 BERNADINE HAWES BOARD CHAIR 1.00 3.00 X X 0 0 0 DEVON CAUDLE TREASURER/SECRETARY 1.00 X X 0 0 0 TERESA CLARK DIRECTOR 1.00 X 0 0 0 MARY HALL DIRECTOR 1.00 1.00 X 0 0 0 BLANCA RAMIREZ DIRECTOR 1.00 2.00 X 0 0 0 BRANDON WEBER DIRECTOR 1.00 2.00 X 0 0 0 NEVA WHITE DIRECTOR 1.00 X 0 0 0 0 305670 46880 0 0 1 0 MARK ONORATO GENERAL CONTRACTING LLC 3128 BOOTH DRIVE GARNET VALLEY PA 19060 CONSTRUCTION 107455 1 148748 658169 806917 RENTAL INCOME 532000 174733 174733 174733 10155 10155 MISCELLANOUS REVENUE 531390 75171 75171 75171 1066976 249904 0 10155 515231 490512 24719 14769 13594 1175 91956 116879 -24923 46549 45553 996 80000 80000 19158 19158 7897 1000 6897 12423 12310 113 8998 8173 825 38425 5780 32645 158201 158201 7417 7417 218 218 19532 19532 684082 655366 28716 32952 32798 154 CLIENT ASSISTANCE 88710 88575 135 CONTRACTED SERVICES 76860 74027 2833 FEES AND LICENSES 3679 2275 1404 MISC 191 100 91 1907248 1712778 194470 0 64563 374693 352200 211829 30637 13654 795307 802307 238 18663920 9056279 10183488 9607641 8710 8715 7691243 8084764 19126386 19103603 61965 53823 67388 207703 12753896 12750563 8801248 9489897 21684497 22501986 X -2782636 -3398383 224525 0 -2558111 -3398383 19126386 19103603 -840272 0 X X 0 1 X 1 0 X 1025417 1445419 1722212 1396015 806917 6395980 1025417 1445419 1722212 1396015 806917 6395980 1646306 4749674 10145 10266 11672 10257 10155 52495 3333 117 135097 11045 75171 224763 6673238 1010121 0.71170 0.70710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 285105 285105 285105 285105 285105 285105 285105 285105 285105 285105 1.00000 0 1 1 5000 5000 18564080 8961439 9602641 60096 60096 0 34744 34744 0 9607641 DUE FROM RELATED PARTY 7074185 CONSTRUCTION IN PROGRESS 1010579 8084764 DUE TO RELATED PARTY 8818071 LOAN PAYABLE, RELATED PARTY 661593 OTHER LIABILITIES 10233 9489897 X PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS CLASSIFIED PEC, CDC, THE FOUNDATION AND BIG DAISY AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("CODE"); AS ORGANIZATIONS, CONTRIBUTIONS TO WHICH ARE DEDUCTIBLE UNDER SECTION 170(C) OF THE CODE; AND AS ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS AS DEFINED IN SECTION 509(A) OF THE CODE. SPLP, IHLP, 4050 APARTMENTS, AND CLOISTERS III ARE CLASSIFIED AS LIMITED PARTNERSHIPS AND ARE NOT SUBJECT TO INCOME TAXES. ONLY THE PARTNERS REPORT THE INCOME OR LOSS ON THEIR INCOME TAX RETURNS. IGP, SPGP, RH, GA AND TM ARE CLASSIFIED AS CORPORATIONS SUBJECT TO TAX AT THE CORPORATE LEVEL. PENNROSE-PEC, LLC IS CLASSIFIED AS A LIMITED LIABILITY COMPANY THAT HAS ELECTED TO BE TAXED AS A PARTNERSHIP AND IS NOT SUBJECT TO INCOME TAXES. ONLY THE MEMBERS REPORT THE INCOME OR LOSS ON THEIR INCOME TAX RETURNS. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2021 AND 2020, 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 WERE NO INCOME TAX RELATED INTEREST OR PENALTIES RECORDED FOR EITHER OF THE YEARS ENDED JUNE 30, 2021 OR 2020. 0 0 0 0 0 0 0 0 0 KATHY DESMOND PRESIDENT OF PEC 0 191264 0 0 0 0 0 5840 0 19926 0 217030 0 0 PART I, LINE 3 THE EXECUTIVE COMMITTEE OF PEOPLE'S EMERGENCY CENTER, USING COMPARABLE MARKET DATA OF SALARIES AT SIMILAR ORGANIZATIONS, APPROVES THE COMPENSATION AMOUNT FOR THE PRESIDENT'S POSITION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE PRESIDENT AND THE VP FINANCE OF PEC. AFTER IT HAS BEEN APPROVED, A COPY OF THE RETURN IS PROVIDED TO THE COMPLETE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY AT THE ANNUAL BOARD MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S AUDIT COMMITTEE AND BOARD ASSUME RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PEOPLE'S EMERGENCY CENTER 325 N 39TH STREET PHILADELPHIA PA 19104 232017882 PROVIDE EMERGENCY SERVICES INCLUDING FOOD AND SHELTER TO WOMEN AND CHILDREN PA 501(C)(3) LINE 7 0 THE PEC FOUNDATION 325 N 39TH STREET PHILADELPHIA PA 19104 232851068 INVEST FUNDS AND MAKE GRANTS TO PEC AND PEC CDC PA 501(C)(3) LINE 12C, III-FI 0 BIG DAISY CORPORATION 325 N 39TH STREET PHILADELPHIA PA 19104 271010116 AFFORDABLE HOUSING PROJECT FOR FORMERLY HOMELESS INDIVIDUALS PA 501(C)(3) LINE 7 PEOPLE'S EMERGENCY CENTER 0 ROWAN HOUSE 325 N 39TH STREET PHILADELPHIA PA 19104 222735410 HOLDS INTERESTS IN AFFORDABLE HOUSING PA 501(C)(3) LINE 12C, III-FI 0 IMANI HOMES LP 325 N 39TH STREET PHILADELPHIA PA 19104 232803609 RENTAL OF AFFORDABLE HOUSING PA PEOPLE'S EMERGENCY CENTER RELATED 0 0 0.98990 SAUNDERS PARK LP 325 N 39TH STREET PHILADELPHIA PA 19104 232832235 RENTAL OF AFFORDABLE HOUSING PA PEOPLE'S EMERGENCY CENTER RELATED 0 0 4050 APARTMENTS LP 325 N 39TH STREET PHILADELPHIA PA 19104 371763854 RENTAL OF AFFORDABLE HOUSING PA PEOPLE'S EMERGENCY CENTER RELATED 0 0 PENNROSE - PEC LLC C/O PENNROSE PROPERTIES LLC ONE BRE PHILADELPHIA PA 19121 522413223 CORPORATE GENERAL PARTNER PA N/A RELATED 0 0 CLOISTERS III HOUSING PARTNERSHIP LP 3900 HAVERFORD AVENUE PHILADELPHIA PA 19104 202530985 RENTAL OF AFFORDABLE HOUSING PA PENNROSE - PEC LLC RELATED 0 0 SAUNDERS PARK GENERAL PARTNER INC 325 N 39TH STREET PHILADELPHIA PA 19104 232687223 CORPORATE GENERAL PARTNER PA PEOPLE'S EMERGENCY CENTER C 0 IMANI GP INC 325 N 39TH STREET PHILADELPHIA PA 19104 232822853 CORPORATE GENERAL PARTNER PA PEOPLE'S EMERGENCY CENTER C 0 GUARD ASSOCIATES INC 325 N 39TH STREET PHILADELPHIA PA 19104 271953977 CORPORATE GENERAL PARTNER PA PEOPLE'S EMERGENCY CENTER C 0 TWO MARKS INC 325 N 39TH STREET PHILADELPHIA PA 19104 823110992 CORPORATE GENERAL PARTNER PA PEOPLE'S EMERGENCY CENTER C 0 0 0 0 1 1 0 0 0 0 1 0 1 1 1 1 0 0 0 0 SAUNDERS PARK LP D 594321 ENDING BALANCE IMANI HOMES LP D 146344 ENDING BALANCE 4050 APARTMENTS LP D 137257 ENDING BALANCE