2026-05-10T21:25:54-05:00 2025-06-30 333709623 COHNREZNICK ADVISORY LLC 500 EAST PRATT STREET 4TH FLOOR BALTIMORE MD 21202 990 2024-07-01 421637418 COMMONWEALTH CORNERSTONE GROUP COMM 7177801877 211 N FRONT ST HARRISBURG PA 171011406 WENDY GESSNER EXECUTIVE DIRECTOR 7177801891 2026-04-29 1 1 LORI ROTHE YOKOBOSKY P01273422 4107834900 2026-04-29 2024 2025-03-06 01:10:19Z WENDY GESSNER 211 N FRONT ST HARRISBURG PA 171011406 52922487 0 X WWW.COMMONWEALTHCORNERSTONE.ORG X 2004 PA TO 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. 5 4 0 6 0 0 4200794 4243175 1920090 48679312 0 0 0 0 6120884 52922487 0 38829985 0 0 45226 47060 0 0 0 406539 489548 451765 39366593 5669119 13555894 75885694 164724976 2111841 77395229 73773853 87329747 X THE 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. 0 0 39245993 38829985 48679312 THE 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. 39245993 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 PA X WENDY GESSNER 7177801891 211 N FRONT ST HARRISBURG PA 171011406 DONNA KREISER GOVERNING BOARD MEMBER - T 0.10 X 0 0 0 JOHN BENDEL GOVERNING BOARD MEMBER - T 0.10 X 0 0 0 REBECCA PEACE GOVERNING BOARD MEMBER 0.10 X 0 0 0 ROBIN WIESSMANN GOVERNING BOARD CHAIR 0.50 37.00 X 0 449329 181135 LOUISE RYND BOARD MEMBER 0.10 X 0 0 0 MICHAEL STEVEN O'NEILL CCG PROGRAM OPERATIONS DIR 2.00 35.50 X 0 130878 63485 TRACY HORETSKY SECRETARY 2.00 35.50 X 0 76901 32638 WENDY GESSNER EXECUTIVE DIRECTOR 37.50 X 0 102456 59146 0 759564 336404 3 0 1 0 COHNREZNICK LLP 500 EAST PRATT STREET EAST PRATT STREET MD 21202 ACCOUNTING 120600 1 4243175 4243175 GRANT INCOME 900099 47739706 47739706 FEE INCOME 525990 939137 939137 GAIN ON UNWIND ON INV 900099 469 469 48679312 52922487 48679312 0 0 38829985 38829985 47060 47060 159302 159302 120600 120600 4672 4672 6395 6395 35932 35932 BAD DEBT EXPENSE 94250 94250 FORGIVENESS OF DEBT 67500 67500 FILING FEES 897 897 39366593 39245993 120600 0 1018120 13780787 96862151 32657 43294 60727610 67787647 11977 11977 13656 5367 300887 14540 75885694 164724976 16040 24250 2095801 77370979 2111841 77395229 X 73773853 87329747 73773853 87329747 75885694 164724976 13555894 0 X 0 1 X 1 0 X X X 1 PENNSYLVANIA HSNG FINANCE AGENCY 231733024 6 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO AFFILIATES 633973 PAYMENT GUARANTY OBLIGATION 250000 REFUNDABLE ADVANCES 76487006 77370979 X PART X, LINE 2: THE 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. 0 GALLATIN SCHOOL LIVING CENTRE 155 NORTH GALLATIN AVENUE UNIONTOWN PA 15401 251605762 501(C)(3) 1183200 0 HOUSING OPTIONS GRANT PROGRAM ALLEGHENY YMCA FOSTER PLAZA 10 680 ANDERSON DRIVE PITTSBURGH PA 15220 250969497 501(C)(3) 2200000 0 HOUSING OPTIONS GRANT PROGRAM DALMATIA ELDERLY 201 FURNACE ROAD LEWISBURG PA 17837 550797339 501(C)(3) 1350000 0 HOUSING OPTIONS GRANT PROGRAM HAZELWOOD 727 WOOD STREET FLOOR 3 PITTSBURGH PA 15221 854363846 501(C)(3) 540000 0 HOUSING OPTIONS GRANT PROGRAM AFRICAN QUEENS APTS 733 CLARISSA STREET PITTSBURGH PA 15219 251812849 501(C)(3) 900000 0 HOUSING OPTIONS GRANT PROGRAM CLOISTERS III 230 WYOMING AVENUE KINGSTON PA 18704 202530985 501(C)(3) 1700000 0 HOUSING OPTIONS GRANT PROGRAM REGENT TERRACE 230 WYOMING AVENUE KINGSTON PA 18704 201779027 501(C)(3) 4800000 0 HOUSING OPTIONS GRANT PROGRAM VALLEY TERRACE TOWNHOMES 82 WEST QUEEN STREET CHAMBERSBURG PA 17201 300201414 501(C)(3) 417228 0 HOUSING OPTIONS GRANT PROGRAM CORAOPOLIS GARDENS 100 WEST STATION SQUARE DRIVE SUITE 350 PITTSBURGH PA 15219 341373168 501(C)(3) 1161510 0 HOUSING OPTIONS GRANT PROGRAM CARIBE TOWERS 167 W ALLEGHENY AVE PHILADELPHIA PA 19140 752987568 501(C)(3) 774986 0 HOUSING OPTIONS GRANT PROGRAM CHI-NORTHSIDE WIDOWS HOME INC 611 WILLIAM PENN PLACE SUITE 800 PITTSBRUGH PA 15219 881072051 501(C)(3) 825000 0 HOUSING OPTIONS GRANT PROGRAM WALNUT ST APTS 941 WHEATLAND AVENUE SUITE 403 LANCASTER PA 17603 200341338 501(C)(3) 1080000 0 HOUSING OPTIONS GRANT PROGRAM VERNON HOUSE 230 WYOMING AVENUE KINGSTON PA 18704 200267991 501(C)(3) 3500000 0 HOUSING OPTIONS GRANT PROGRAM OLD MARKET PRESERVATION - EPHRATA 941 WHEATLAND AVENUE SUITE 403 LANCASTER PA 17603 232985509 501(C)(3) 660000 0 HOUSING OPTIONS GRANT PROGRAM SUMMIT HOUSE RETIREMENT 100 WEST STATION SQUARE DRIVE SUITE 350 PITTSBURGH PA 15219 251788054 501(C)(3) 798327 0 HOUSING OPTIONS GRANT PROGRAM PROJECT HOME ST ELIZABETH 1415 FAIRMOUNT AVENUE SUITE 241 PHILADELPHIA PA 19130 205575302 501(C)(3) 1000000 0 HOUSING OPTIONS GRANT PROGRAM PROJECT HOME PRES 1415 FAIRMOUNT AVENUE SUITE 241 PHILADELPHIA PA 19130 232895377 501(C)(3) 5000000 0 HOUSING OPTIONS GRANT PROGRAM EVANGELICAL SR HOUSING 6970 GERMANTOWN AVENUE PHILADELPHIA PA 19119 232840567 501(C)(3) 411975 0 HOUSING OPTIONS GRANT PROGRAM LIGHT OF LIFE 665 RIDGE AVENUE PITTSBURGH PA 15212 251056389 501(C)(3) 660000 0 HOUSING OPTIONS GRANT PROGRAM 901 MILL REVIVAL 635 BROAD STREET EMMAUS PA 18049 232585669 501(C)(3) 2148000 0 HOUSING OPTIONS GRANT PROGRAM MILL II 635 BROAD STREET EMMAUS PA 18049 232661807 501(C)(3) 2000000 0 HOUSING OPTIONS GRANT PROGRAM WILLOW COURT 420 WEST SEVENTH STREET MOUNT CARMEL PA 17851 232685760 501(C)(3) 701420 0 HOUSING OPTIONS GRANT PROGRAM LANDISVILLE I 8 WEST KING STREET SUITE 821 LANCASTER PA 17603 232934331 501(C)(3) 1350000 0 HOUSING OPTIONS GRANT PROGRAM NEW FREEDOM 8 WEST KING STREET SUITE 821 LANCASTER PA 17603 232988457 501(C)(3) 1575000 0 HOUSING OPTIONS GRANT PROGRAM HOMEWOOD 11743 FRANKSTOWN RD SUITE C PITTSBURGH PA 15235 933167201 501(C)(3) 1500000 0 HOUSING OPTIONS GRANT PROGRAM 0 0 0 0 0 0 0 0 0 ROBIN WIESSMANN GOVERNING BOARD CHAIR 0 435733 0 0 0 13596 0 147363 0 33772 0 630464 0 0 MICHAEL STEVEN O'NEILL CCG PROGRAM OPERATIONS DIR 0 130477 0 0 0 401 0 27423 0 36062 0 194363 0 0 WENDY GESSNER EXECUTIVE DIRECTOR 0 101985 0 0 0 471 0 21986 0 37160 0 161602 0 0 PART I, LINE 3 APPROVAL BY BOARD OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION A, LINE 7A THE 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 8B THE 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 11B THE 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 12C AT 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 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE DURING REGULAR BUSINESS HOURS UPON REQUEST. 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