2024-11-14T12:50:34-06:00 2023-12-31 231909723 MCKONLY & ASBURY LLP 415 FALLOWFIELD ROAD CAMP HILL PA 17011 990 2023-01-01 233070796 CREATING OPPORTUNITIES IN NEIGHBORHOOD ENVIRONMENTS INC CREA 7178452601 31 SOUTH BROAD STREET YORK PA 17403 HAROLD MYERS JR PRESIDENT 7178452601 2024-11-14 1 1 JAMES P SHELLENBERGER P02449735 7177617910 2024-11-14 X 2023 2024-10-15 13:58:12Z HAROLD MYERS JR 31 SOUTH BROAD STREET YORK PA 17403 535358 0 X N/A X 2001 PA TO DEVELOP, OR ENCOURAGE THE DEVELOPMENT OF, AFFORDABLE HOUSING AND RELATED COMMUNITY SERVICES AND ACTIVITIES. 6 6 1 6 0 0 0 52705 1017382 482618 20 35 853 0 1018255 535358 0 0 0 0 60467 49761 0 0 0 396124 315889 456591 365650 561664 169708 1399911 1955146 728996 1252923 670915 702223 TO DEVELOP, OR ENCOURAGE THE DEVELOPMENT OF, AFFORDABLE HOUSING AND RELATED COMMUNITY SERVICES AND ACTIVITIES. 0 0 346111 482618 THE CREATION AND DEVELOPMENT OF AFFORDABLE HOUSING INCLUDING WAVERLY COURT, VILLAGE COURT, THACKSTON PARK I, THACKSTON PARK II AND PLEASANT ACRES ANNEX PROJECT DEVELOPMENTS. IN 2023, PLEASANT ACRES ANNEX WAS DETERMINED INFEASIBLE. 346111 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 2 0 1 1 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X TERESA STERMER-YORK HOUSING AUTHORITY 7178452601 31 S BROAD STREET YORK PA 17403 X HARROLD MYERS JR PRESIDENT 2.50 X X 0 0 0 KELLY ADAMS VICE PRESIDENT 1.00 X X 0 0 0 VALERIE DARDEN TREASURER 1.50 X X 0 0 0 WILFRED BENTLEY AS OF 123 DIRECTOR 2.50 X 0 0 0 JAMES CROSBY UNTIL 423 DIRECTOR 1.00 X 0 0 0 MARION OBERDICK DIRECTOR 2.50 X 0 0 0 SULLY PINOS DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 52705 52705 DEVELOPER FEES 531390 482618 482618 482618 35 35 535358 482618 0 35 46225 46225 3536 3536 2906 2906 9381 9381 14637 14637 1998 1998 DEVELOPER EXPENSES 286969 286969 BANK FEES -2 -2 365650 346111 19539 0 1764 24817 4261 3546 1224510 772175 611 608 168765 1154000 1399911 1955146 94682 90974 272047 700349 362267 461600 728996 1252923 X 670915 702223 670915 702223 1399911 1955146 169708 -138400 0 X X 0 1 X 1 0 X 40000 29125 100000 52705 221830 1017382 482618 1500000 40000 29125 100000 1017382 535323 1721830 0 0 0 1721830 1504 298 22 20 35 1879 1504 298 22 20 35 1879 3900 1308 853 6061 41504 33323 101330 1018255 535358 1729770 0.99540 0.99180 0.00110 0.00320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DEVELOPER FEE RECEIVABLE 1154000 1154000 DUE TO YHA - HTP II DEVELOPER FEE 461600 461600 X PART X, LINE 2: CONE, CAH, VCT AND WH ADHERE TO THE PROVISIONS OF ASC 740, INCOME TAXES. ASC 740 ESTABLISHES RULES FOR RECOGNIZING AND MEASURING TAX POSITIONS TAKEN IN AN INCOME TAX RETURN, INCLUDING DISCLOSURES OF UNCERTAIN TAX POSITIONS (UTPS). ASC 740 MANDATES THAT ORGANIZATIONS EVALUATE ALL MATERIAL INCOME TAX POSITIONS FOR PERIODS THAT REMAIN OPEN UNDER APPLICABLE STATUTES OF LIMITATION, AS WELL AS POSITIONS EXPECTED TO BE TAKEN IN FUTURE RETURNS. THE UTP RULES THEN IMPOSE A RECOGNITION THRESHOLD ON EACH TAX POSITION. A COMPANY CAN RECOGNIZE AN INCOME TAX BENEFIT ONLY IF THE POSITION HAS A "MORE LIKELY THAN NOT" (I.E., MORE THAN 50 PERCENT) CHANCE OF BEING SUSTAINED ON THE TECHNICAL MERITS. FOR THE YEARS ENDED DECEMBER 31, 2023, CONE, CAH, VCT AND WH HAVE TAKEN NO MATERIAL TAX POSITIONS ON THEIR APPLICABLE TAX FILINGS THAT DO NOT MEET THE "MORE LIKELY THAN NOT" THRESHOLD. AS A RESULT, NO AMOUNT FOR UTPS HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. SCHEDULE D, PART XIII ELECTION TO NOT TO BE TREATED AS A TAX-EXEMPT ENTITY UNDER SECTION 168(H)(6)(F)(II) THACKSTON 2 GP LLC - TAX I.D. # 85-3448043 31 S BROAD STREET YORK, PA 17403 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE COMPLETED FORM 990 AND RELATED SCHEDULES ARE REVIEWED BY AN EMPLOYEE OF CONE ON BEHALF OF THE BOARD. THE BOARD OF DIRECTORS ALSO MEETS WITH A REPRESENTATIVE OF THE ACCOUNTING FIRM THAT PREPARED THE FORM 990 AND RELATED SCHEDULES TO DISCUSS THE CONTENT AND ANSWER ANY QUESTIONS OF THE BOARD. FINAL CHANGES, IF ANY, ARE THEN MADE TO THE FORM 990 AND RELATED SCHEDULES. THE BOARD OF DIRECTORS APPROVES THE FINAL COPY OF THE FORM 990 AND RELATED SCHEDULES. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE GIVEN THE ANNUAL CONFLICT OF INTEREST STATEMENT WHERE THEY THEN DISCLOSE ANY CONFLICTS THEY MAY HAVE. FORM 990, PART VI, SECTION B, LINE 15 NOT APPLICABLE AS THE ORGANIZATION HAD NO PAID MANAGEMENT LEVEL EMPLOYEES OR INDIVIDUALS ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. VILLAGE CT LLC 31 SOUTH BROAD STREET YORK PA 17403 862408125 OWNERSHIP OF AFFORDABLE HOUSING PARTNERSHIP PA -107293 CREATING OPPORTUNITIES IN NEIGHBORHOOD ENVIRONMENTS WAVERLY HOLDINGS LLC 31 SOUTH BROAD STREET YORK PA 17403 934204590 OWNERSHIP OF AFFORDABLE HOUSING PARTNERSHIP PA -19448 665753 CREATING OPPORTUNITIES IN NEIGHBORHOOD ENVIRONMENTS CREATING AFFORDABLE HOUSING INC 31 SOUTH BROAD STREET YORK PA 17403 020651509 OWNERSHIP OF LOW-INCOME HOUSING ENTITIES PA CREATING OPPORTUNITIES IN NEIGHBORHOOD ENVIRONMENTS C -13 224617 1.00000 1 THACKSTON PARK INC 31 SOUTH BROAD STREET YORK PA 17403 455482818 OWNERSHIP OF LOW-INCOME HOUSING ENTITIES PA CREATING OPPORTUNITIES IN NEIGHBORHOOD ENVIRONMENTS C -825 2960 1.00000 1 THACKSTON 2 GP LLC 31 SOUTH BROAD STREET YORK PA 17403 853448043 OWNERSHIP OF LOW-INCOME HOUSING ENTITIES PA CREATING OPPORTUNITIES IN NEIGHBORHOOD ENVIRONMENTS C -65 20485 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 CREATING AFFORDABLE HOUSING INC D 224773 FAIR MARKET VALUE