Commonwealth-chester County Holdings Inc

Nonprofit profile at a glance

EIN
462640318
IRS 990 coverage
2014–2014
Forms available
Form 990 2014
Location
Philadelphia, PA, USA
Phone
2155753700
Rating confidence
Limited

Reported finances

Revenue
$0
Expenses
$10,508
Assets
$55,573
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • ALEXIA K GOTTSCHALCH (PRESIDENT)

People named in this filing

  • CHARLES J SPILLER (DIRECTOR)
  • JAMES H GROSSMAN (DIRECTOR)
  • LAURANN STEPP (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Commonwealth-chester county holdings, inc. Is a wholly-owned subsidiary of the Pennsylvania public school employees' retirement system ("psers") that was formed under irc section 501(c)(25) for the purpose of acquiring, holding title to, and collecting income from real property located at 914 & 918 pocopson road in west chester, Pennsylvania. Commonwealth-chester county holdings, inc. Remits the entire amount of income from such property (less expenses) to its sole-shareholder, the Pennsylvania public school employees' retirement system, a qualified pension plan as defined in irc section 401(a).

What it reported doing in 2014

In december 2013, the real property located in west chester, pa owned by the organization was sold. Because this was the organization's sole activity, the organization ceased conducting all program service activities upon the sale of the real property. The net proceeds from the sale have been distributed to the Pennsylvania public school employees' retirement system ("psers"). The organization has no plans to continue any activities in the future.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 90
  • Accountability: 18
  • Sustainability: 31
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 5.29; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 62; 62nd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 0 of 3 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Related organizations: 2 filed related-organization links
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 0/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.