Nonprofit · EIN 42-1637418
COMMONWEALTH CORNERSTONE GROUP
Tax-exempt · HARRISBURG, PA 17101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $52,922,487 | $39,366,593 | $13,555,894 | $164,724,976 | $77,395,229 | $87,329,747 |
| June 30, 2024 | 990 | $6,120,884 | $451,765 | $5,669,119 | $75,885,694 | $2,111,841 | $73,773,853 |
| June 30, 2023 | 990 | $32,986,552 | $432,926 | $32,553,626 | $74,422,384 | $6,317,650 | $68,104,734 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $4,243,175
- Program service revenue
- $48,679,312
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $38,829,985
- Salaries, compensation and benefits (total)
- $47,060
- Professional fundraising fees
- $0
- Accounting fees
- $120,600
- Travel
- $6,395
- Program services (functional)
- $39,245,993
- Management and general (functional)
- $120,600
Balance sheet and other
- Total assets, start of year
- $75,885,694
- Total assets, end of year
- $164,724,976
- Total liabilities, end of year
- $77,395,229
- Net assets, end of year
- $87,329,747
- Net assets without donor restrictions
- $87,329,747
- Gross receipts
- $52,922,487
- Employees
- 0
- Volunteers
- 6
- Year formed
- 2004
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBIN WIESSMANN | GOVERNING BOARD CHAIR Trustee or director | 0.5 | $0 | $449,329 | $181,135 |
| MICHAEL STEVEN O'NEILL | CCG PROGRAM OPERATIONS DIR Officer | 2 | $0 | $130,878 | $63,485 |
| WENDY GESSNER | EXECUTIVE DIRECTOR Officer | 37.5 | $0 | $102,456 | $59,146 |
| TRACY HORETSKY | SECRETARY Officer | 2 | $0 | $76,901 | $32,638 |
| DONNA KREISER | GOVERNING BOARD MEMBER - T Trustee or director | 0.1 | $0 | $0 | $0 |
| JOHN BENDEL | GOVERNING BOARD MEMBER - T Trustee or director | 0.1 | $0 | $0 | $0 |
| REBECCA PEACE | GOVERNING BOARD MEMBER Trustee or director | 0.1 | $0 | $0 | $0 |
| LOUISE RYND | BOARD MEMBER Trustee or director | 0.1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBIN WIESSMANN | GOVERNING BOARD CHAIR Trustee or director | 0.5 | $0 | $427,733 | $112,196 |
| MICHAEL STEVEN O'NEILL | CCG PROGRAM OPERATIONS DIR Officer | 2 | $0 | $118,809 | $26,140 |
| WENDY GESSNER | EXECUTIVE DIRECTOR Officer | 37.5 | $0 | $102,740 | $39,709 |
| TRACY HORETSKY | SECRETARY Officer | 2 | $0 | $72,928 | $15,301 |
| DAN REISTETER | GOVERNING BOARD MEMBER - T Trustee or director | 0.1 | $0 | $0 | $0 |
| DONNA KREISER | GOVERNING BOARD MEMBER - T Trustee or director | 0.1 | $0 | $0 | $0 |
| JOHN BENDEL | GOVERNING BOARD MEMBER - T Trustee or director | 0.1 | $0 | $0 | $0 |
| REBECCA PEACE | GOVERNING BOARD MEMBER Trustee or director | 0.1 | $0 | $0 | $0 |
| LOUISE RYND | GENERAL COUNSEL Trustee or director | 0.1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBIN WIESSMANN | GOVERNING BOARD CHAIR Trustee or director | 0.5 | $0 | $376,459 | $102,846 |
| WENDY GESSNER | EXECUTIVE DIRECTOR Officer | 37.5 | $0 | $96,769 | $38,731 |
| MICHAEL STEVEN O'NEILL | CCG PROGRAM OPERATIONS DIRECTOR Officer | 2 | $0 | $105,618 | $15,820 |
| STEPHANIE WILLOW | SR. NMTC PROGRAM OFFICER Officer | 30 | $0 | $77,079 | $29,016 |
| TRACY HORETSKY | SECRETARY Officer | 2 | $0 | $70,122 | $12,675 |
| DAN REISTETER | GOVERNING BOARD MEMBER - T Trustee or director | 0.1 | $0 | $0 | $0 |
| DONNA KREISER | GOVERNING BOARD MEMBER - T Trustee or director | 0.1 | $0 | $0 | $0 |
| JOHN BENDEL | GOVERNING BOARD MEMBER - T Trustee or director | 0.1 | $0 | $0 | $0 |
| REBECCA PEACE | GOVERNING BOARD MEMBER Trustee or director | 0.1 | $0 | $0 | $0 |
| LOUISE RYND | GENERAL COUNSEL Trustee or director | 0.1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 211 N FRONT ST, HARRISBURG, PA 17101-1406
- In care of
- % BRIAN A HUDSON
- Principal officer (990 for 2024)
- WENDY GESSNER, 211 N FRONT ST, HARRISBURG, PA 171011406
- Signed the 990
- WENDY GESSNER, EXECUTIVE DIRECTOR
- Phone
- (717) 780-1877
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
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.
Program accomplishments
- 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.Expenses $39,245,993 · grants $38,829,985 · revenue $48,679,312
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1637418
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2010
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $164,724,976
- Income (IRS master file)
- $52,922,487
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $52,922,487 | $39,366,593 | $164,724,976 | IRS |
| 990 | June 2024 | $6,120,884 | $451,765 | $75,885,694 | IRS |
| 990 | June 2023 | $32,986,552 | $432,926 | $74,422,384 | XML |
| 990 | June 2022 | $12,939,661 | $431,938 | $72,617,247 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1637418).
Questions about COMMONWEALTH CORNERSTONE GROUP
- What is the EIN of COMMONWEALTH CORNERSTONE GROUP?
- The employer identification number (EIN) of COMMONWEALTH CORNERSTONE GROUP is 42-1637418.
- Is COMMONWEALTH CORNERSTONE GROUP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to COMMONWEALTH CORNERSTONE GROUP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does COMMONWEALTH CORNERSTONE GROUP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COMMONWEALTH CORNERSTONE GROUP due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMONWEALTH CORNERSTONE GROUP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of COMMONWEALTH CORNERSTONE GROUP?
- The 990 for the year ended June 30, 2025 names WENDY GESSNER.
- Who are the officers and directors of COMMONWEALTH CORNERSTONE GROUP?
- The 990 for the year ended June 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does COMMONWEALTH CORNERSTONE GROUP have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $52,922,487, expenses of $39,366,593 and total assets of $164,724,976 at year end.
Other nonprofits in HARRISBURG
- DAUPHIN COUNTY ECONOMIC DEVELOPMENT CORPORATION EIN 25-1607082 · last filed 990 for 2024
- PA NJ CREDIT UNION ASSOCIATION EIN 84-2346572 · last filed 990 for 2024
- VISIT HERSHEY & HARRISBURG INC EIN 25-1796866 · last filed 990 for 2025
- COMMONWEALTH PARTNERS CHAMBER OF ENTREPRENEURS INC EIN 81-1538540 · last filed 990 for 2025
- POWER INTERFAITH EIN 27-4327457 · last filed 990 for 2025
- TEAM PENNSYLVANIA FOUNDATION EIN 23-2876177 · last filed 990 for 2025
- PMA FOUNDATION EIN 23-6296953 · last filed 990 for 2024
- PENNSYLVANIA DOWNTOWN CENTER INC EIN 23-2531296 · last filed 990 for 2025
All nonprofits in HARRISBURG · Pennsylvania · Community improvement and capacity building