Civic Intelligence

Chestnut Commons Inc.

990EZ • Fiscal year 2022 • EIN 25-1789744

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 31, 2022

341 North Science Park Road 6State College, PA 16803

(814) 238-3245

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

96th percentile

1.52x

Higher debt load relative to assets than 96% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

99th percentile

18.26x

Higher debt load relative to revenue than 99% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

6th percentile

-107%

Higher net margin than 6% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

33rd percentile

-8.7%

Faster asset growth than 33% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

15th percentile

-37%

Faster revenue growth than 15% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$200,143

Down $19,009 (-8.7%) from 2021

Net Assets

Down

-$104,895

Down $17,844 (-20%) from 2021

Liabilities

Down

$305,038

Down $1,165 (-0.4%) from 2021

Revenue

Down

$16,709

Down $9,982 (-37%) from 2021

Expenses

Down

$34,553

Down $6,558 (-16%) from 2021

Net Income

Down

-$17,844

Down $3,424 (-24%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$200K$0-$200KAssets 2016: $230,878Liabilities 2016: $289,676Net Assets 2016: -$58,7982016Assets 2017: $234,119Liabilities 2017: $304,348Net Assets 2017: -$70,2292017Assets 2018: $237,448Liabilities 2018: $316,215Net Assets 2018: -$78,7672018Assets 2019: $214,669Liabilities 2019: $294,938Net Assets 2019: -$80,2692019Assets 2020: $216,243Liabilities 2020: $288,874Net Assets 2020: -$72,6312020Assets 2021: $219,152Liabilities 2021: $306,203Net Assets 2021: -$87,0512021Assets 2022: $200,143Liabilities 2022: $305,038Net Assets 2022: -$104,8952022Assets 2025: $167,295Liabilities 2025: $296,002Net Assets 2025: -$128,7072025

Highlighted filing

2022

Assets$200,143
Liabilities$305,038
Net Assets-$104,895

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60K$40K$20K$0-$20KRevenue 2016: $26,686Expenses 2016: $22,852Net Income 2016: $3,8342016Revenue 2017: $25,959Expenses 2017: $21,813Net Income 2017: $4,1462017Revenue 2018: $26,352Expenses 2018: $25,378Net Income 2018: $9742018Revenue 2019: $26,854Expenses 2019: $23,845Net Income 2019: $3,0092019Revenue 2020: $26,792Expenses 2020: $19,154Net Income 2020: $7,6382020Revenue 2021: $26,691Expenses 2021: $41,111Net Income 2021: -$14,4202021Revenue 2022: $16,709Expenses 2022: $34,553Net Income 2022: -$17,8442022Revenue 2025: $24,303Expenses 2025: $35,125Net Income 2025: -$10,8222025

Highlighted filing

2022

Revenue$16,709
Expenses$34,553
Net Income-$17,844
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 31, 2022
Return Version
2021v4.2
Gross Receipts
$16,709
Mission and Program Overview

Mission

To provide low income housing to eligible individuals.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION PROVIDES LOW INCOME HOUSING TO QUALIFIED INDIVIDUALS IN A H.U.D. UNIT IN BARNSBORO, PA.$0$29,866
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RON SPRINGERCommunity Member-$0--
ERIC MALONECommunity Member-$0--
MATT FOXDirector-$0--
TODD DEIFFENBACHCFO-$0--
VAL BARNERCEO-$0--
CHRIS KNARRCOO-$0--
Filing and Contact Details

Filer

Filer Name
Chestnut Commons Inc
EIN
25-1789744
Phone
8142383245
Address
341 NORTH SCIENCE PARK ROAD 6, STATE COLLEGE, PA 16803

Signing Officer

Name
Todd Dieffenbach
Title
CFO
Phone
8142383245
Signed
2022-10-31
Discuss with paid preparer
Yes

Preparer

Firm
Wessel & Company
Address
215 MAIN STREET, JOHNSTOWN, PA 15901
Preparer
Stephanie a Gallo CPA
Phone
8145367864
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: interest income. Amount: 34. Total to form 990-ez, line 14: 24,351.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 10,331. Description: other expenses. Amount: 14,020.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: property insurance. Amount: 410.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 855. End of year amount: 1,981.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable and accrued expenses. Beg. Of year amount: 19,403. End of year amount: 18,238. Description: capital advance. Beg. Of year amount: 286,800. End of year amount: 286,800.

Raw XML Appendix192 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0STATE COLLEGE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RON SPRINGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ERIC MALONE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MATT FOX
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TODD DEIFFENBACH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4VAL BARNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CHRIS KNARR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0COMMUNITY MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1COMMUNITY MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5COO
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0855
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01981
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0410
IRS990EZ/OtherRevenueTotalAmt034
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE LOW INCOME HOUSING TO ELIGIBLE INDIVIDUALS.
IRS990EZ/ProgramServiceRevenueAmt011304
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION PROVIDES LOW INCOME HOUSING TO QUALIFIED INDIVIDUALS IN A H.U.D. UNIT IN BARNSBORO, PA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt02748
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt029866
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt05371
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt010765
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt011113
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt011379
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt049022
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt034
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0158
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt080
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt034
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0531
IRS990ScheduleA/InvestmentIncomeCYPct00.01070
IRS990ScheduleA/InvestmentIncomePYPct00.00980
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98930
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt011459
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt049553
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 34. TOTAL TO FORM 990-EZ, LINE 14: 24,351.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 10,331. DESCRIPTION: OTHER EXPENSES. AMOUNT: 14,020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PROPERTY INSURANCE. AMOUNT: 410.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 855. END OF YEAR AMOUNT: 1,981.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 19,403. END OF YEAR AMOUNT: 18,238. DESCRIPTION: CAPITAL ADVANCE. BEG. OF YEAR AMOUNT: 286,800. END OF YEAR AMOUNT: 286,800.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TODD DIEFFENBACH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum08142383245
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHESTNUT COMMONS INC
ReturnHeader/Filer/BusinessNameControlTxt0CHES
ReturnHeader/Filer/EIN0251789744
ReturnHeader/Filer/PhoneNum08142383245
ReturnHeader/Filer/USAddress/AddressLine1Txt0341 NORTH SCIENCE PARK ROAD 6
ReturnHeader/Filer/USAddress/CityNm0STATE COLLEGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd016803
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0251390233
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WESSEL & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0215 MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JOHNSTOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd015901
ReturnHeader/PreparerPersonGrp/PhoneNum08145367864
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHANIE A GALLO CPA
ReturnHeader/ReturnTs02022-11-02T12:06:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TODD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DIEFFENBACH
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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