2025-12-17T10:47:01-06:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 1305 WALT WHITMAN ROAD SUITE 210 MELVILLE NY 11747 990 2024-03-27 992191153 CS COMMUNITY HOUSING WEST INC CSCO 6467974374 354 LANCASTER AVE 1400 HAVERFORD PA 19041 ROSEANNE HAGGERTY PRESIDENT AND DIRECTOR 6467974374 2025-12-17 1 1 ZACHARY SEGAL P01511850 5163365500 2025-12-17 2024 2025-03-06 01:10:19Z X ROSEANNE HAGGERTY 354 LANCASTER AVE 1400 HAVERFORD PA 19041 952045 0 X N/A X 2024 CO THE PURPOSE OF THE ORGANIZATION IS TO, DIRECTLY OR INDIRECTLY, WORK TO SOLVE HOMELESSNESS IN THE UNITED STATES AMONG VETERANS AND OTHERS THROUGH THE ACQUISITION, HOLDING, OPERATION, TRANSFER, SALE, EXCHANGE, OR OTHER DISPOSITION OF LIVING FACILITIES DEDICATED IN PART TO VETERANS AND OTHERS EXITING HOMELESSNESS AND THAT OTHERWISE QUALIFY AS AFFORDABLE HOUSING IN A MANNER CONSISTENT WITH THE REQUIREMENTS OF SECTION 501(C)(3) OF THE CODE. 3 3 0 3 0 0 0 888187 642 63216 952045 0 0 0 0 0 2038960 2038960 -1086915 15815420 16902335 -1086915 X THE PURPOSE OF THE ORGANIZATION IS TO, DIRECTLY OR INDIRECTLY, WORK TO SOLVE HOMELESSNESS IN THEUNITED STATES AMONG VETERANS AND OTHERS THROUGH THE ACQUISITION, HOLDING, OPERATION, TRANSFER, SALE, EXCHANGE, OR OTHER DISPOSITION OF LIVINGFACILITIES DEDICATED IN PART TO VETERANS AND OTHERS EXITING HOMELESSNESS AND THAT OTHERWISE QUALIFY AS AFFORDABLE HOUSING IN A MANNER CONSISTENTWITH THE REQUIREMENTS OF SECTION 501(C)(3) OF THE CODE. 0 0 1888686 951403 THE ORGANIZATION WILL ACQUIRE AND OWN VARIOUS MULTIFAMILY COMMUNITIES WITH AN ANTICIPATED HOLDING PERIOD OF 10 YEARS FOR EACH COMMUNITY. THE ORGANIZATION'S FIRST PROPERTY, ARCADIA GARDENS, WAS ACQUIRED IN MARCH OF 2024 AND INCLUDES APPROXIMATELY 76 UNITS. CURRENTLY 74 OF 76 UNITS ARE OCCUPIED. ALL RESIDENTS WILL RENT HOUSING, AND THERE WILL BE NONE AVAILABLE FOR PURCHASE. AFTER ACQUISITION OF A FACILITY, UP TO FIFTY PERCENT OF VACANT UNITS AT EACH HOUSING SITE WILL BE LEASED TO VETERANS AND OTHER INDIVIDUALS EXPERIENCING HOMELESSNESS WHO HAVE BEEN IDENTIFIED, IN PARTNERSHIP WITH THE VA AND LOCAL HOUSING SYSTEM COUNTERPARTS IN THE COMMUNITY, AS INDIVIDUALS WITHIN THE COMMUNITY'S COORDINATED HOMELESSNESS RESPONSE SYSTEM OR ON ITS BY-NAME (HOMELESS INDIVIDUALS) LIST. UNIT AVAILABILITY WILL BE PROVIDED ON A WEEKLY OR BI-WEEKLY BASIS TO THE LOCAL VA AND/OR CONTINUUM OF CARE PARTNERS. THIS PROCESS IS FOLLOWED UNTIL A GIVEN PROPERTY REACHES AN UP-TO 50/50 MIX OF VETERANS AND OTHERS WHO HAVE RECENTLY EXITED HOMELESSNESS AND WORKFORCE AFFORDABLE UNITS. 1888686 1 0 0 0 0 0 0 0 0 0 1 0 0 1 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 0 0 0 1 0 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X ROSEANNE HAGGERTY 6467974374 354 LANCASTER AVENUE SUITE 1400 HAVERFORD PA 19041 X ALLYSON RANDOLPH SECRETARY AND DIRECTOR 2.00 X X 0 0 0 DAVE FOSTER VP, TREAS, AND DIRECTOR 2.00 X X 0 0 0 ROSANNE HAGGERTY PRESIDENT AND DIRECTOR 2.00 X X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME 532000 870467 870467 FEES 532000 17720 17720 888187 642 642 UTILITY INCOME 900099 41863 41863 LAUNDRY INCOME 900099 3030 3030 18323 18323 63216 952045 951403 0 642 251149 107498 143651 4541 4541 2082 2082 273 273 14268 14268 10622 10622 781 781 144049 144049 934318 934318 557254 557254 38328 38328 REPAIR & MAINTENANCE 53568 53568 SUPPLIES 11838 11838 LICENSES AND PERMITS 4636 4636 ADMINISTRATIVE EXPENSES 3557 3557 7696 7696 2038960 1888686 150274 0 181447 37929 12759 14901308 557254 0 14344054 0 1239231 0 15815420 283263 6673 51351 16554426 0 6622 0 16902335 X -1086915 0 -1086915 0 15815420 -1086915 0 X 0 0 0 X 888187 888187 888187 888187 0 0 0 888187 642 642 642 642 21353 21353 910182 910182 X SHORT YEAR DISCLOSURE 2024 IS THE INITIAL YEAR OF EXISTENCE AND IS A SHORT YEAR THAT BEGAN MARCH 27, 2024. 0 1 X 2175173 2175173 12726135 557254 12168881 14344054 TENANT DEPOSIT 59387 REPLACEMENT RESERVE 129394 DEVELOPER FEES 631083 DEFERRED MORTGAGE COSTS 419367 1239231 BAD DEBT RESERVE 6622 6622 PART IV, LINE 2B: THE ORGANIZATION HOLDS SECURITY DEPOSITS AS REQUIRED BY STATE LAW. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION ENGAGED A SUBSIDIARY OF APARTMENT MANAGEMENT CONSULTANTS(TOGETHER WITH ITS AFFILIATES AND SUBSIDIARIES, "AMC") TO MANAGE THE COMMUNITY'S DAY-TO-DAY OPERATIONS. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER IS CS LARGE CITIES HOUSING HOLDINGS, INC. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER HAS THE POWER TO APPOINT 1 OF THE 3 MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE AND ALL BOARD MEMBERS ARE PROVIDED NOTICE VIA E-MAIL THAT THE DRAFT FORM 990 HAS BEEN POSTED TO THE ORGANIZATION'S PORTAL AND IS AVAILABLE FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OFFICER AND EMPLOYEE OF THE CORPORATION SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: (A) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY AS SET FORTH IN THIS CONFLICT POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, (C) HAS AGREED TO COMPLY WITH THE POLICY, AND (D) UNDERSTANDS THE CORPORATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION. IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15 NO OFFICERS ARE CURRENTLY COMPENSATED, HOWEVER, TO MAKE SURE THAT THE CORPORATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS. ("PERIODIC REVIEWS"), WHICH SHALL OCCUR NO LESS THAN ANNUALLY, SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: (A) WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING. (B) WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE CORPORATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. (C) THE RESULTS OF THE PERIODIC REVIEWS SHALL BE DELIVERED TO THE BOARD OR THE RELEVANT BOARD COMMITTEE FOR REVIEW AND CONSIDERATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. 3101 NORTH 32ND STREET CSLC 354 W LANCASTER AVE SUITE 1400 HAVERFORD PA 19041 991780589 LOW-INCOME HOUSING PA 7751274 15815420 CS COMMUNITY HOUSING WEST INC THE ORGANIZATION DID NOT FILE FORM 990 FOR THE REFERENCED TAX YEAR BY THE DEADLINE BECAUSE IT WAS AWAITING IRS APPROVAL OF ITS TAX-EXEMPT STATUS. THE DETERMINATION LETTER WAS RECEIVED ON MAY 21ST, 2025, AFTER THE INITIAL MAY 15TH STATUTORY DUE DATE. THE ORGANIZATION PROCEEDED TO HAVE THE FORM 990 PREPARED TO ENSURE FILING. THE ORGANIZATION EXERCISED ORDINARY BUSINESS CARE AND PRUDENCE AND HAS IMPLEMENTED PROCEDURES TO ENSURE TIMELY FILING IN FUTURE YEARS.