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COMMONWEALTH CORNERSTONE GROUP: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
COMMONWEALTH CORNERSTONE GROUP (EIN 42-1637418)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-10
IRS object ID
202631309349300333
Schema version
2024v5.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-10T21:25:54-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN333709623PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COHNREZNICK ADVISORY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 EAST PRATT STREET 4TH FLOORAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21202ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN421637418EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COMMONWEALTH CORNERSTONE GROUPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCOMMBusinessNameControlTxt
Phone7177801877PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1211 N FRONT STAddressLine1Txt
CityHARRISBURGCityNm
State AbbreviationPAStateAbbreviationCd
ZIP171011406ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWENDY GESSNERPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone7177801891PhoneNum
Signature2026-04-29SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLORI ROTHE YOKOBOSKYPreparerPersonNm
PTINP01273422PTIN
Phone4107834900PhoneNum
Preparation2026-04-29PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerWENDY GESSNERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1211 N FRONT STAddressLine1Txt
CityHARRISBURGCityNm
State AbbreviationPAStateAbbreviationCd
ZIP171011406ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$52,922,487GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.COMMONWEALTHCORNERSTONE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2004FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionTO MAKE LOANS TO QUALIFIED BUSINESSES FOR THE DEVELOPMENT AND OR REHABILITATION OF REAL ESTATE, WHOSE REDEVELOPMENT IS CRITICAL FOR THE REVITALIZATION OF LOWER INCOME COMMUNITIES.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers6TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$4,200,794PYContributionsGrantsAmt
CY Contributions Grants$4,243,175CYContributionsGrantsAmt
PY Program Service Revenue$1,920,090PYProgramServiceRevenueAmt
CY Program Service Revenue$48,679,312CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$6,120,884PYTotalRevenueAmt
CY Total Revenue$52,922,487CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$38,829,985CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$45,226PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$47,060CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$406,539PYOtherExpensesAmt
CY Other Expenses$489,548CYOtherExpensesAmt
PY Total Expenses$451,765PYTotalExpensesAmt
CY Total Expenses$39,366,593CYTotalExpensesAmt
PY Revenues Less Expenses$5,669,119PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$13,555,894CYRevenuesLessExpensesAmt
Total Assets BOY$75,885,694TotalAssetsBOYAmt
Total Assets EOY$164,724,976TotalAssetsEOYAmt
Total Liabilities BOY$2,111,841TotalLiabilitiesBOYAmt
Total Liabilities EOY$77,395,229TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$73,773,853NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$87,329,747NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE ORGANIZATION MAKES LOANS TO QUALIFIED BUSINESSES FOR THE DEVELOPMENT AND OR REHABILITATION OF REAL ESTATE, INCLUDING MIXED USE PROPERTIES WHOSE REDEVELOPMENT IS CRITICAL FOR THE REVITALIZATION OF LOWER INCOME COMMUNITIES; TO FINANCE COMMUNITY FACILITIES THAT PROVIDE SERVICES NOT CURRENTLY AVAILABLE TO RESIDENTS IN THOSE COMMUNITIES; AND TO FINANCE THE DEVELOPMENT OF WEALTH-CREATING SINGLE FAMILY HOMES THAT ENHANCE LOW INCOME COMMUNITIES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$39,245,993ExpenseAmt
Grant$38,829,985GrantAmt
Revenue$48,679,312RevenueAmt
DescTHE ORGANIZATION MADE LOANS TO QUALIFIED BUSINESSES FOR THE DEVELOPMENT AND OR REHABILITATION OF REAL ESTATE, INCLUDING MIXED USE PROPERTIES WHOSE REDEVELOPMENT IS CRITICAL FOR THE REVITALIZATION OF LOWER INCOME COMMUNITIES; TO FINANCE COMMUNITY FACILITIES THAT PROVIDE SERVICES NOT CURRENTLY AVAILABLE TO RESIDENTS IN THOSE COMMUNITIES; AND TO FINANCE THE DEVELOPMENT OF WEALTH-CREATING SINGLEFAMILY HOMES THAT ENHANCE LOW INCOME COMMUNITIES. THE ORGANIZATION WAS THE RECIPIENT OF $60,000,000 OF NMTC ALLOCATION RECEIVED IN ROUND IV AND ADDITIONAL ALLOCATIONS OF $60,000,000, $28,000,000, $45,000,000, $33,000,000, $45,000,000, $80,000,000, AND $55,000,000 IN THE SIXTH, EIGHTH, TENTH, ELEVENTH, TWELFTH, THIRTEENTH, AND FIFTEENTH ROUNDS, RESPECTIVELY.Desc
Total Program Service Expenses$39,245,993TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonWENDY GESSNERPersonNm
Phone7177801891PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1211 N FRONT STAddressLine1Txt
CityHARRISBURGCityNm
State AbbreviationPAStateAbbreviationCd
ZIP171011406ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerInd
DONNA KREISER
GOVERNING BOARD MEMBER - T0.10Yes (X)$0$0$0
JOHN BENDEL
GOVERNING BOARD MEMBER - T0.10Yes (X)$0$0$0
REBECCA PEACE
GOVERNING BOARD MEMBER0.10Yes (X)$0$0$0
ROBIN WIESSMANN
GOVERNING BOARD CHAIR0.50Yes (X)$0$449,329$181,13537.00
LOUISE RYND
BOARD MEMBER0.10Yes (X)$0$0$0
MICHAEL STEVEN O'NEILL
CCG PROGRAM OPERATIONS DIR2.00$0$130,878$63,48535.50Yes (X)
TRACY HORETSKY
SECRETARY2.00$0$76,901$32,63835.50Yes (X)
WENDY GESSNER
EXECUTIVE DIRECTOR37.50$0$102,456$59,146Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$759,564TotReportableCompRltdOrgAmt
Total Other Compensation$336,404TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COHNREZNICK LLPBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 EAST PRATT STREETAddressLine1Txt
CityEAST PRATT STREETCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21202ZIPCd
FieldValueIRS element (for citing)
ServicesACCOUNTINGServicesDesc
Compensation$120,600CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Related Organizations$4,243,175RelatedOrganizationsAmt
Total Contributions$4,243,175TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
GRANT INCOME900099$47,739,706$47,739,706
FEE INCOME525990$939,137$939,137
GAIN ON UNWIND ON INV900099$469$469
FieldValueIRS element (for citing)
Total Program Service Revenue$48,679,312TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$52,922,487TotalRevenueColumnAmt
Related Or Exempt Func Income$48,679,312RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$38,829,985TotalAmt
Program Services$38,829,985ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$47,060TotalAmt
Program Services$47,060ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$159,302TotalAmt
Program Services$159,302ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$120,600TotalAmt
Management And General$120,600ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$4,672TotalAmt
Program Services$4,672ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6,395TotalAmt
Program Services$6,395ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$35,932TotalAmt
Program Services$35,932ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
BAD DEBT EXPENSE$94,250$94,250
FORGIVENESS OF DEBT$67,500$67,500
FILING FEES$897$897

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$39,366,593TotalAmt
Program Services$39,245,993ProgramServicesAmt
Management And General$120,600ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,018,120BOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$13,780,787BOYAmt
EOY$96,862,151EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$32,657BOYAmt
EOY$43,294EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$60,727,610BOYAmt
EOY$67,787,647EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$11,977BOYAmt
EOY$11,977EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$13,656BOYAmt
EOY$5,367EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$300,887BOYAmt
EOY$14,540EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$75,885,694BOYAmt
EOY$164,724,976EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$16,040BOYAmt
EOY$24,250EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,095,801BOYAmt
EOY$77,370,979EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,111,841BOYAmt
EOY$77,395,229EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$73,773,853BOYAmt
EOY$87,329,747EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$73,773,853BOYAmt
EOY$87,329,747EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$75,885,694BOYAmt
EOY$164,724,976EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$13,555,894ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
IRS Written DeterminationYes (X)IRSWrittenDeterminationInd
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1PENNSYLVANIA HSNG FINANCE AGENCYBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN231733024EIN
Organization Type6OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$0SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$0SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
DUE TO AFFILIATES$633,973
PAYMENT GUARANTY OBLIGATION$250,000
REFUNDABLE ADVANCES$76,487,006
FieldValueIRS element (for citing)
Total Liability$77,370,979TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE SUBSIDIARIES ARE WHOLLY-OWNED BY THE ORGANIZATION AND ARE THEREFORE DISREGARDED ENTITIES FOR TAX PURPOSES. NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS AS THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER IRC SECTION 501(C)(3) AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2025 AND 2024. THE ORGANIZATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE INTERNAL REVENUE SERVICE ("IRS") AND OTHER TAXING AUTHORITIES. INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2022 REMAIN OPEN. THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2025.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable (25 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
GALLATIN SCHOOL LIVING CENTRE
155 NORTH GALLATIN AVENUEUNIONTOWNPA15401251605762501(C)(3)$1,183,200$0HOUSING OPTIONS GRANT PROGRAM
ALLEGHENY YMCA
FOSTER PLAZA 10 680 ANDERSON DRIVEPITTSBURGHPA15220250969497501(C)(3)$2,200,000$0HOUSING OPTIONS GRANT PROGRAM
DALMATIA ELDERLY
201 FURNACE ROADLEWISBURGPA17837550797339501(C)(3)$1,350,000$0HOUSING OPTIONS GRANT PROGRAM
HAZELWOOD
727 WOOD STREET FLOOR 3PITTSBURGHPA15221854363846501(C)(3)$540,000$0HOUSING OPTIONS GRANT PROGRAM
AFRICAN QUEENS APTS
733 CLARISSA STREETPITTSBURGHPA15219251812849501(C)(3)$900,000$0HOUSING OPTIONS GRANT PROGRAM
CLOISTERS III
230 WYOMING AVENUEKINGSTONPA18704202530985501(C)(3)$1,700,000$0HOUSING OPTIONS GRANT PROGRAM
REGENT TERRACE
230 WYOMING AVENUEKINGSTONPA18704201779027501(C)(3)$4,800,000$0HOUSING OPTIONS GRANT PROGRAM
VALLEY TERRACE TOWNHOMES
82 WEST QUEEN STREETCHAMBERSBURGPA17201300201414501(C)(3)$417,228$0HOUSING OPTIONS GRANT PROGRAM
CORAOPOLIS GARDENS
100 WEST STATION SQUARE DRIVE SUITEPITTSBURGHPA15219341373168501(C)(3)$1,161,510$0HOUSING OPTIONS GRANT PROGRAM350
CARIBE TOWERS
167 W ALLEGHENY AVEPHILADELPHIAPA19140752987568501(C)(3)$774,986$0HOUSING OPTIONS GRANT PROGRAM
CHI-NORTHSIDE WIDOWS HOME INC
611 WILLIAM PENN PLACE SUITE 800PITTSBRUGHPA15219881072051501(C)(3)$825,000$0HOUSING OPTIONS GRANT PROGRAM
WALNUT ST APTS
941 WHEATLAND AVENUE SUITE 403LANCASTERPA17603200341338501(C)(3)$1,080,000$0HOUSING OPTIONS GRANT PROGRAM
VERNON HOUSE
230 WYOMING AVENUEKINGSTONPA18704200267991501(C)(3)$3,500,000$0HOUSING OPTIONS GRANT PROGRAM
OLD MARKET PRESERVATION - EPHRATA
941 WHEATLAND AVENUE SUITE 403LANCASTERPA17603232985509501(C)(3)$660,000$0HOUSING OPTIONS GRANT PROGRAM
SUMMIT HOUSE RETIREMENT
100 WEST STATION SQUARE DRIVE SUITEPITTSBURGHPA15219251788054501(C)(3)$798,327$0HOUSING OPTIONS GRANT PROGRAM350
PROJECT HOME ST ELIZABETH
1415 FAIRMOUNT AVENUE SUITE 241PHILADELPHIAPA19130205575302501(C)(3)$1,000,000$0HOUSING OPTIONS GRANT PROGRAM
PROJECT HOME PRES
1415 FAIRMOUNT AVENUE SUITE 241PHILADELPHIAPA19130232895377501(C)(3)$5,000,000$0HOUSING OPTIONS GRANT PROGRAM
EVANGELICAL SR HOUSING
6970 GERMANTOWN AVENUEPHILADELPHIAPA19119232840567501(C)(3)$411,975$0HOUSING OPTIONS GRANT PROGRAM
LIGHT OF LIFE
665 RIDGE AVENUEPITTSBURGHPA15212251056389501(C)(3)$660,000$0HOUSING OPTIONS GRANT PROGRAM
901 MILL REVIVAL
635 BROAD STREETEMMAUSPA18049232585669501(C)(3)$2,148,000$0HOUSING OPTIONS GRANT PROGRAM
MILL II
635 BROAD STREETEMMAUSPA18049232661807501(C)(3)$2,000,000$0HOUSING OPTIONS GRANT PROGRAM
WILLOW COURT
420 WEST SEVENTH STREETMOUNT CARMELPA17851232685760501(C)(3)$701,420$0HOUSING OPTIONS GRANT PROGRAM
LANDISVILLE I
8 WEST KING STREET SUITE 821LANCASTERPA17603232934331501(C)(3)$1,350,000$0HOUSING OPTIONS GRANT PROGRAM
NEW FREEDOM
8 WEST KING STREET SUITE 821LANCASTERPA17603232988457501(C)(3)$1,575,000$0HOUSING OPTIONS GRANT PROGRAM
HOMEWOOD
11743 FRANKSTOWN RD SUITE CPITTSBURGHPA15235933167201501(C)(3)$1,500,000$0HOUSING OPTIONS GRANT PROGRAM

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ROBIN WIESSMANN
GOVERNING BOARD CHAIR$0$435,733$0$0$0$13,596$0$147,363$0$33,772$0$630,464$0$0
MICHAEL STEVEN O'NEILL
CCG PROGRAM OPERATIONS DIR$0$130,477$0$0$0$401$0$27,423$0$36,062$0$194,363$0$0
WENDY GESSNER
EXECUTIVE DIRECTOR$0$101,985$0$0$0$471$0$21,986$0$37,160$0$161,602$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationAPPROVAL BY BOARD OR COMPENSATION COMMITTEEExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 7ATHE CHAIR HAS THE POWER TO APPOINT ONE PRIVATE CITIZEN TO THE GOVERNING BOARD AND THE OTHER MEMBERS ARE APPROVED BY THE GOVERNING BOARD MEMBERS. ANY ACTION TAKEN OR RESOLUTION ADOPTED BY THE GOVERNING BOARD SHALL REQUIRE THE APPROVAL OF (I) THE EXECUTIVE DIRECTOR OF THE PHFA AND (II) THE APPROVAL OF A MAJORITY OF THE GOVERNING BOARD, WHICH MAY INCLUDE THE EXECUTIVE DIRECTOR OF THE PHFA. IN THE EVENT THE CHAIRPERSON HAS A CONFLICT IN ANY VOTING MATTER AS A RESULT OF THE RELATIONSHIP WITH PHFA, THE CHAIRPERSON SHALL RECORD THE CONFLICT IN THE MINUTES BUT MAY STILL VOTE ON THE MATTER.
FORM 990, PART VI, SECTION A, LINE 8BTHE ORGANIZATION CONTEMPORANEOUSLY DOCUMENTED THE MEETINGS HELD OR WRITTEN ACTIONS UNDERTAKEN DURING THE YEAR BY THE GOVERNING BODY. NO COMMITTEE HAD AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BTHE PREPARED 990 FORM IS PROVIDED TO THE BOARD MEMBERS FOR REVIEW PRIOR TO SUBMISSION. THE BOARD MEMBERS HAVE 5 DAYS TO REVIEW AND PROVIDE COMMENTS. ANY COMMENTS ARE PROVIDED TO THE ACCOUNTANTS AND APPROPRIATE RESPONSES ARE PROVIDED BACK TO THE BOARD MEMBERS.
FORM 990, PART VI, SECTION B, LINE 12CAT EVERY MEETING, BOARD MEMBERS ARE REMINDED THAT IF THEY HAVE A CONFLICT (AS DEFINED IN OUR CONFLICT OF INTEREST POLICY) PERTAINING TO ANY VOTE, THEY MUST RECUSE THEMSELVES AND RAISE FOR INCLUSION IN THE MINUTES SUCH CONFLICT. THE POLICY IS RE-DISTRIBUTED TO BOARD MEMBERS ON AN ANNUAL BASIS.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE DURING REGULAR BUSINESS HOURS UPON REQUEST.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1COMMONWEALTH CORNERSTONE GROUP LTD IBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1211 N FRONT STREETAddressLine1Txt
CityHARRISBURGCityNm
State AbbreviationPAStateAbbreviationCd
ZIP17101ZIPCd
FieldValueIRS element (for citing)
EIN205125952EIN
Primary ActivitiesLENDINGPrimaryActivitiesTxt
Legal Domicile StatePALegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1CCGBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1PENNSYLVANIA HOUSING FINANCE AGENCYBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1211 N FRONT STREETAddressLine1Txt
CityHARRISBURGCityNm
State AbbreviationPAStateAbbreviationCd
ZIP17101ZIPCd
FieldValueIRS element (for citing)
EIN231733024EIN
Primary ActivitiesAFFORDABLE HOUSINGPrimaryActivitiesTxt
Legal Domicile StatePALegalDomicileStateCd
Public Charity StatusLINE 6PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1PENN HOUSINGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled Organization0ControlledOrganizationInd

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (10 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtPredominant Income TypePredominantIncomeTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerIndOwnershipOwnershipPct
COMMONWEALTH CORNERSTONE GROUP LTD XLV
211 N FRONT STREETHARRISBURGPA17101813014333LENDINGPACCGRELATED$15$9460Yes (1)0.00010
COMMONWEALTH CORNERSTONE GROUP LTD XLVI
211 N FRONT STREETHARRISBURGPA17101813027486LENDINGPACCGRELATED$2$4950Yes (1)0.00010
COMMONWEALTH CORNERSTONE GROUP LTD XLVII
211 N FRONT STREETHARRISBURGPA17101813082861LENDINGPACCGRELATED$17$1,6330Yes (1)0.00010
COMMONWEALTH CORNERSTONE GROUP LTD XXXI
211 N FRONT STREETHARRISBURGPA17101463370854LENDINGPACCGRELATED$420Yes (1)0.00010
COMMONWEALTH CORNERSTONE GROUP LTD XXXIII
211 N FRONT STREETHARRISBURGPA17101463394120LENDINGPACCGRELATED$9$7850Yes (1)0.00010
COMMONWEALTH CORNERSTONE GROUP LTD XL
211 N FRONT STREETHARRISBURGPA17101463479798LENDINGPACCGRELATED$6$8790Yes (1)0.00010
COMMONWEALTH CORNERSTONE GROUP LTD XXXIX
211 N FRONT STREETHARRISBURGPA17101463468214LENDINGPACCGRELATED$190Yes (1)0.00010
COMMONWEALTH CORNERSTONE GROUP LTD XXXV
211 N FRONT STREETHARRISBURGPA17101463413231LENDINGPACCGRELATED$70Yes (1)0.00010
COMMONWEALTH CORNERSTONE GROUP LTD XXXVI
211 N FRONT STREETHARRISBURGPA17101463426216LENDINGPACCGRELATED$260Yes (1)0.00010
COMMONWEALTH CORNERSTONE GROUP LTD XXXVIII
211 N FRONT STREETHARRISBURGPA17101463461427LENDINGPACCGRELATED$520Yes (1)0.00010

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationInd
COMMONWEALTH CORNERSTONE GROUP LTD XLI
211 N FRONT STREETHARRISBURGPA17101812948235LENDINGPACCGC$12$40.000100
COMMONWEALTH CORNERSTONE GROUP LTD XLII
211 N FRONT STREETHARRISBURGPA17101812958287LENDINGPACCGC$5$10.000100
COMMONWEALTH CORNERSTONE GROUP LTD XXXII
211 N FRONT STREETHARRISBURGPA17101463380392LENDINGPACCGC$80.000100
COMMONWEALTH CORNERSTONE GROUP LTD XXXIV
211 N FRONT STREETHARRISBURGPA17101463400132LENDINGPACCGC$3$10.000100
COMMONWEALTH CORNERSTONE GROUP LTD XXXVII
211 N FRONT STREETHARRISBURGPA17101463443367LENDINGPACCGC$9$50.000100
COMMONWEALTH CORNERSTONE GROUP LTD XLIII
211 N FRONT STREETHARRISBURGPA17101812971029LENDINGPACCGC$7$10.000100
COMMONWEALTH CORNERSTONE GROUP LTD XLIV
211 N FRONT STREETHARRISBURGPA17101813002672LENDINGPACCGC$4$10.000100
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (11 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
CCG LTD XXXIII
L$52,000ACCRUAL
CCG LTD XL
L$101,638ACCRUAL
CCG LTD XLIV
L$58,500ACCRUAL
CCG LTD XLV
L$61,750ACCRUAL
CCG LTD XXXII
L$171,548ACCRUAL
CCG LTD XLII
L$57,164ACCRUAL
CCG LTD XLVII
L$107,250ACCRUAL
PENNSYLVANIA HOUSING FINANCE AGENCY
N$206,362ACCRUAL
PENNSYLVANIA HOUSING FINANCE AGENCY
C$47,739,706ACCRUAL
PENNSYLVANIA HOUSING FINANCE AGENCY
P$593,339ACCRUAL
PENNSYLVANIA HOUSING FINANCE AGENCY
C$122,428,915ACCRUAL