2026-05-15T07:24:38-05:00 2025-06-30 990 2024-07-01 464233500 11TH STREET FAMILY HEALTH SERVICES INC 11TH 2158952000 3201 ARCH STREET 400 PHILADELPHIA PA 19104 HELEN Y BOWMAN VICE PRESIDENT AND TREASURER 2158952803 2026-05-14 0 2024 2025-03-06 01:10:19Z ANTONIO MERLO 3201 ARCH STREET 400 PHILADELPHIA PA 19104 0 0 X N/A X 2013 PA REAL ESTATE HOLDING COMPANY SUPPORTING DREXEL UNIVERSITY. 3 1 0 0 0 0 0 0 0 0 9552 0 0 0 9552 0 0 0 0 0 0 0 0 0 0 929954 500688 929954 500688 -920402 -500688 7517197 7016509 0 0 7517197 7016509 THE ORGANIZATION PROVIDES FACILITIES FOR USE BY DREXEL UNIVERSITY AND FOR THE PATIENTS WHO ARE MEMBERS OF THE CHARITABLE CLASS SERVED BY DREXEL UNIVERSITY. 0 0 500688 THE ORGANIZATION PROVIDES FACILITIES FOR USE BY DREXEL UNIVERSITY AND FOR THE PATIENTS WHO ARE MEMBERS OF THE CHARITABLE CLASS SERVED BY DREXEL UNIVERSITY. 500688 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 PA X COMPTROLLER'S OFFICE 2158951442 3141 CHESTNUT STREET STE 225 PHILADELPHIA PA 19104 JOHN A FRY PRESIDENT & CHAIRMAN (TO 9/24) 2.00 45.00 X X 0 1829538 51341 HELEN Y BOWMAN VICE PRESIDENT & TREASURER 2.00 45.00 X X 0 731029 132698 MICHAEL J EXLER DIRECTOR 2.00 40.00 X 0 686490 132698 DENIS O'BRIEN DIRECTOR (AS OF 10/24) 2.00 45.00 X 0 0 0 ALAN GREENBERGER VICE PRESIDENT 2.00 43.00 X 0 330492 46245 REBECCA LACHER SECRETARY 2.00 43.00 X 0 187484 17825 0 3765033 380807 0 0 1 0 0 0 0 0 0 500688 500688 500688 500688 0 0 11927509 4911000 7517197 7016509 7517197 7016509 0 0 X 7517197 7016509 7517197 7016509 7517197 7016509 -500688 0 X X 0 1 X 0 0 X X X 1 DREXEL UNIVERSITY 231352630 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 PART IV, SECTION D, LINE 3 11TH STREET FAMILY HEALTH SERVICES, INC. PRESIDENT AND CHAIRMAN, JOHN FRY, IS THE PRESIDENT OF 11TH STREET FAMILY HEALTH SERVICES, INC.'S SOLE SUPPORTED ORGANIZATION, DREXEL UNIVERSITY. JOHN FRY SERVED IN BOTH ROLES THROUGH SEPTEMBER 2024. 11TH STREET FAMILY HEALTH SERVICES, INC. VICE PRESIDENT AND TREASURER, HELEN BOWMAN, IS THE EXECUTIVE VICE PRESIDENT, CHIEF OPERATING AND FINANCIAL OFFICER, AND TREASURER OF 11TH STREET FAMILY HEALTH SERVICES, INC.'S SOLE SUPPORTED ORGANIZATION, DREXEL UNIVERSITY. THEREFORE, SENIOR LEADERSHIP OF SUPPORTED ORGANIZATION DREXEL UNIVERSITY MAKES UP A MAJORITY OF THE 11TH STREET FAMILY HEALTH SERVICES, INC. BOARD, AND IS ABLE TO DIRECT INVESTMENT DECISIONS. PART IV, SECTION E, LINE 2A THE CORPORATION WAS ORGANIZED AND OPERATES IN FURTHERANCE OF THE ACTIVITIES OF DREXEL UNIVERSITY, AN ORGANIZATION EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ON DECEMBER 23, 2013 THE CORPORATION RECEIVED A DONATION OF CERTAIN REAL ESTATE PROPERTY KNOWN AS 850 NORTH 11TH STREET, PHILADELPHIA, PENNSYLVANIA (THE "PROPERTY") FROM DREXEL UNIVERSITY. THE PROPERTY IS LOCATED IN A QUALIFIED CENSUS TRACT THAT MEETS CERTAIN INCOME, UNEMPLOYMENT, AND POVERTY LEVEL REQUIREMENTS AND QUALIFIES UNDER THE NEW MARKET TAX CREDIT PROGRAM AS A QUALIFIED ACTIVE LOW-INCOME COMMUNITY BUSINESS (A "QALICB") AS DEFINED BY SECTION 45D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND SECTION 1.45D-1(D)(4) OF THE CODE OF FEDERAL REGULATIONS. THE CORPORATION ENTERED INTO A CONTRACT WITH GILBANE BUILDING COMPANY ON DECEMBER 23, 2013 TO RENOVATE THE EXISTING STRUCTURE AND EXPAND THE PROPERTY CREATING A LARGER COMPREHENSIVE NURSE-MANAGED COMMUNITY HEALTH CENTER. THE PROJECT WAS FUNDED BY A QUALIFIED LOW-INCOME COMMUNITY INVESTMENT LOAN. ON DECEMBER 24, 2020, THE NEW MARKET TAX CREDIT FINANCING WAS UNWOUND. THE CORPORATION LEASES THE ENTIRETY OF THE PROPERTY TO DREXEL UNIVERSITY TO CONTINUE TO BE USED AS THE 11TH STREET FAMILY HEALTH SERVICES OF DREXEL UNIVERSITY. THE NEW ADDITION AND RENOVATED SPACE WILL SUBSTANTIALLY INCREASE THE NUMBER OF PATIENTS SERVED, EXPAND SERVICES TO PATIENTS AND ENHANCE UNDERGRADUATE AND GRADUATE HEALTH PROFESSION'S EDUCATIONAL INITIATIVES. EFFECTIVE JANUARY 1, 2021, THE CORPORATION LEASES THE PROPERTY TO DREXEL UNIVERSITY PURSUANT TO AN AMENDED LEASE AGREEMENT. PART IV, SECTION E, LINE 2B THE CORPORATION LEASES THE ENTIRETY OF THE PROPERTY TO DREXEL UNIVERSITY TO CONTINUE TO BE USED AS THE 11TH STREET FAMILY HEALTH SERVICES OF DREXEL UNIVERSITY. THE NEW ADDITION AND RENOVATED SPACE WILL SUBSTANTIALLY INCREASE THE NUMBER OF PATIENTS SERVED, EXPAND SERVICES TO PATIENTS AND ENHANCE UNDERGRADUATE AND GRADUATE HEALTH PROFESSION'S EDUCATIONAL INITIATIVES. EFFECTIVE JANUARY 1, 2021, THE CORPORATION LEASES THE PROPERTY TO DREXEL UNIVERSITY PURSUANT TO AN AMENDED LEASE AGREEMENT. 280587 280587 2162356 828903 1333453 8406472 3194459 5212013 820450 779427 41023 257644 108211 149433 7016509 X PART X, LINE 2: 11TH STREET FHS IS A NONPROFIT ORGANIZATION THAT HAS BEEN GRANTED TAX EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FILES FEDERAL TAX RETURN FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX). NO PROVISION OR BENEFIT FOR INCOME TAXES HAS BEEN INCLUDED IN THESE FINANCIAL STATEMENTS. THE ORGANIZATION IS PART OF CONSOLIDATED FINANCIAL STATEMENTS THAT INCLUDES A FOOTNOTE THAT ADDRESSES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (ASC NO. 740-10), BUT IT IS NOT RELATED TO THE OPERATIONS OF THIS ORGANIZATION. 0 1 0 0 0 0 0 0 0 JOHN A FRY PRESIDENT & CHAIRMAN (TO 9/24) 0 934332 0 391755 0 503451 0 37950 0 13391 0 1880879 0 0 HELEN Y BOWMAN VICE PRESIDENT & TREASURER 0 723722 0 7307 0 0 0 112950 0 19748 0 863727 0 0 MICHAEL J EXLER DIRECTOR 0 518801 0 5250 0 162439 0 112950 0 19748 0 819188 0 150000 ALAN GREENBERGER VICE PRESIDENT 0 327274 0 3218 0 0 0 35747 0 10498 0 376737 0 0 REBECCA LACHER SECRETARY 0 185653 0 1831 0 0 0 17188 0 637 0 205309 0 0 PART I, LINE 4B DREXEL UNIVERSITY, A RELATED ORGANIZATION, PROVIDES HELEN BOWMAN AND MICHAEL EXLER WITH DEFERRED COMPENSATION ARRANGEMENTS. THE UNIVERSITY WILL CREDIT MS. BOWMAN WITH $75,000 EACH JULY 1, BEGINNING WITH JULY 1, 2023, AND ENDING JULY 1, 2026, IF SHE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. MS. BOWMAN WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) JULY 1, 2026, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF MS. BOWMAN RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED. THE UNIVERSITY WILL CREDIT MR. EXLER WITH $75,000 EACH JULY 1, BEGINNING WITH JULY 1, 2024, AND ENDING JULY 1, 2026, IF HE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. MR. EXLER WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) JULY 1, 2026, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF MR. EXLER RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED. THE FOLLOWING INDIVIDUALS WERE PAID DEFERRED COMPENSATION DURING CALENDAR YEAR 2024. MICHAEL EXLER $162,439 SCHEDULE J, PART I, LINE 7: IN JANUARY 2024, A 1% ONE-TIME PAYMENT WAS ISSUED TO FACULTY AND PROFESSIONAL STAFF WHO WERE EMPLOYED BY DREXEL OR THE ACADEMY BEFORE JULY 2023 AND DID NOT RECEIVE A SALARY INCREASE SINCE THAT TIME. TO BE ELIGIBLE FOR THE PAYMENT, ALL COMPLIANCE AND PERFORMANCE DEVELOPMENT REQUIREMENTS MUST HAVE BEEN COMPLETED ON TIME. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR REVIEW BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE PURPOSE OF THE CONFLICTS OF INTEREST POLICY IS TO PROTECT THE CORPORATION'S INTEREST WHEN IT IS CONTEMPLATING ENTERING INTO A CONTRACT, TRANSACTION, OR OTHER ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF A DIRECTOR, OFFICER, MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS, OR KEY EMPLOYEE OF THE CORPORATION (EACH A "COVERED PERSON"). THIS POLICY IS INTENDED TO SUPPLEMENT THE REQUIREMENTS OF THE ACT WITH RESPECT TO CONFLICTS OF INTEREST. THIS POLICY SHALL APPLY TO ALL CONTRACTS, TRANSACTIONS, OR OTHER ARRANGEMENTS BETWEEN THE CORPORATION AND (A) A COVERED PERSON, (B) A FAMILY MEMBER OF A COVERED PERSON, OR (C) BUSINESSES OR OTHER ENTITIES IN WHICH A COVERED PERSON OR HIS OR HER FAMILY MEMBERS OWN FINANCIAL OR BENEFICIAL INTERESTS. THE FORMAT FOR THE DISCLOSURE IS FOR EACH OFFICER AND DIRECTOR TO COMPLETE A QUESTIONNAIRE ANNUALLY. COMPLETED QUESTIONNAIRES FOR OFFICERS AND DIRECTORS ARE SUBMITTED DIRECTLY TO THE OFFICE OF THE GENERAL COUNSEL FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 THERE ARE NO EMPLOYEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE LOCATED AT THE OFFICE OF THE ORGANIZATION AND MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION'S GOVERNING BODY DELEGATES TO ITS RELATED ORGANIZATION'S AUDIT COMMITTEE OF THE BOARD OF TRUSTEES OF DREXEL UNIVERSITY THE TASK OF SELECTING THE INDEPENDENT AUDITOR AND APPROVING THE AUDIT PLAN. DREXEL UNIVERSITY 3201 ARCH STREET SUITE 400 PHILADELPHIA PA 19104 231352630 EDUCATIONAL INSTITUTION PA 501(C)3 2 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0