2026-06-23T17:56:01-05:00 2025-12-31 333709623 COHNREZNICK ADVISORY LLC 1305 WALT WHITMAN ROAD SUITE 210 MELVILLE NY 11747 990 2025-01-01 934705469 CS COMMUNITY HOUSING INC CSCO 8778295500 354 LANCASTER AVE 1400 HAVERFORD PA 19041 DAVE FOSTER VP, TREASURER/DIRECTOR 8778295500 2026-06-22 1 ZACHARY SEGAL P01511850 5163365500 2026-06-22 2025 2025-03-06 01:10:19Z DAVE FOSTER 354 LANCASTER AVE 1400 HAVERFORD PA 19041 2972528 0 X N/A X 2023 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. 2 2 0 2 0 0 0 86587 2431411 2729683 601 3673 69684 152585 2501696 2972528 0 0 0 0 0 0 0 0 0 5009319 7327226 5009319 7327226 -2507623 -4354698 34816537 33691737 37349619 40579517 -2533082 -6887780 X 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. 0 0 6895469 2800152 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, THE PARK AT FERENTINO, WAS ACQUIRED IN DECEMBER OF 2023 AND INCLUDES APPROXIMATELY 216 UNITS. CURRENTLY 177 OF 216 UNITS ARE OCCUPIED, AND THERE ARE A NUMBER OF UNITS THAT ARE CURRENTLY PRE-LEASED RIGHT NOW AS WELL. 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. 6895469 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 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 2 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X DAVE FOSTER 8778295500 354 LANCASTER AVENUE SUITE 1400 HAVERFORD PA 19041 X ALLYSON RANDOLPH DIRECTOR (OUTGOING) 2.00 X 0 0 0 DAVE FOSTER VP, TREASURER/DIRECTOR 2.00 X X 0 0 0 ROSANNE HAGGERTY DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 86587 86587 RENTAL INCOME 532000 2684243 2684243 FEES 532000 45440 45440 2729683 3673 3673 UTILITY INCOME 900099 80936 80936 INSURANCE REIMBURSEMEN 900099 7618 7618 LAUNDRY INCOME 900099 1180 1180 62851 62851 152585 2972528 2800152 0 85789 797145 365388 431757 4143 4143 24674 24674 104782 104782 50499 50499 15016 15016 996 996 174004 174004 2873471 2873471 1275801 1275801 174877 174877 NOVO CAUSALTY LOSS 1483622 1483622 REPAIRS & MAINTENANCE 204625 204625 SUPPLIES 59335 59335 PROPERTY TAX 36003 36003 48233 48233 7327226 6895469 431757 0 216322 382279 89248 1528208 6460 30739 31218207 2442330 31179013 28775877 3325494 2974634 34816537 33691737 769577 927946 22105 45774 105471 172617 36421648 39397638 30818 35542 37349619 40579517 X -2533082 -6887780 -2533082 -6887780 34816537 33691737 -4354698 0 X 0 0 0 X 86587 86587 76695 72728 2729683 2879106 76695 72728 2816270 2965693 0 0 0 2965693 601 3673 4274 601 3673 4274 7 69684 152585 222276 76702 143013 2972528 3192243 X 0 1 X 6825550 6825550 24392657 2442330 21950327 28775877 DEVELOPER FEES 1385173 SECURITY DEPOSITS & ESCROW 747325 REPLACEMENT RESERVE 600367 DEFERRED MORTGAGE COSTS 241769 2974634 BAD DEBT RESERVE 31825 UNCLAIMED PROPERTY 3717 35542 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 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. 8061 WOODSCAPE DRIVE LLC 354 W LANCASTER AVE SUITE 1400 HAVERFORD PA 19041 934677015 LOW-INCOME HOUSING PA 2885942 33514850 CS COMMUNITY HOUSING INC