Beech Interplex Inc.

“There are no committees of the governing body that would have minutes to document.”

“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.”

“All increases in salaries and bonuses are presented to the board of directors annually for their review and approval, beech uses information from various sources to compare beech staff salaries to our peers in the non-profit industry studies used are prepared by groups such as the phila foundation, pew foundation and guidestar.”

“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”

“Amendments to the return and explanations the audit of the december 31, 2016 financial statements of beech interplex, inc. Was not complete at the time of the 990 filing. The adjusmtents below represents changes due to the completion of the audit. Section g page 1 gross receipts from $5,529,470 to $5,497,835 revenue part i line 9 program services revenue from $5,428,513 to $5,396,878 line 12 total revenue from $5,529,470 to $5,497,878 expenses part i line 17 other expenses from $5,766,545 to $5,694,545 line 18 total expenses from $7,028,146 to $6,956,146 line 19 revenue less expenses from $$-1,498,676 to $-1,458,311 balance sheet part i line 20 total assets from $42,334,470 to $42,329,147 line 21 total liabilities from $43,545,537 to 43,904,849 line 22 net assets or fund balances from $-1,211,067 to $-1,575,702 statement of program service accomplishments part iii line 4a revenue from 814,906 to 783,271 line 4c expenses from 434,952 to 362,952 statement of revenue (part viii) line 2c column (a) and (b) rental income from 814,906 to 783,271 line 12 total revenue column (a) from $5,529,470 to $5,497,835 line 12 total revenue column (b) from $5,428,513 to $5,396,878 statement of functional expenses (part ix) line 24a columns (a) and (b) community outreach services from 434,952 to 362,952 line 25 total functional expenses column (a) from $7,028,146 to $6,956,146 line 25 total program service expenses column (b) from $5,965,785 to $5,893,785 balance sheet (part x) line 4 accounts receivable net from 289,551 to 283,698 line 9 prepaid expenses and deferred charges from 15,568 to 16,098 line 16 total assets from $42,334,470 to $42,329,147 line 19 deferred revenue from 811,686 to 1,170,998 line 26 total liabilities from $43,545,537 to $43,904,849 line 27 unrestricted net assets from -1,320,748 to -1,685,383 line 33 total net assets from $-1,211,067 to $-1,575,702 line 34 total liabilities and net assets from $42,334,470 to $42,329,147 reconciliation of net assets (part xi) line 1 total revenue from $5,529,470 to $5,497,835 line 2 total expenses from $7,028,146 to $6,956,146 line 3 revenue less expenses from $-1,498,676 to $-1,458,311 line 8 prior period adjustments for -4,724 to -409,724 line 10 net assets or fund balances at the end of the year from $-1,211,067 to $-1,575,102 schedule a part iii section a line 2e gross receipts related to tax-exempt purpose from 5,428,513 to 5,396,878 line 7b amounts on line 2 or 3 received in excess of $5,000 or 1% of line 13 from $370,941 to $371,575 schedule d part xi line 1 total revenue, gains and other support per audited financial statements from 990,151 to 958,266 line 2 total expenses and losses per audited financial statements from 2,058,471 to 1,968,369”

“Write off of unamortized bond premium -1,111,844.”