Organizations Filed Purposes:
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).
THE ORGANIZATION WAS FORMED FOR THE PURPOSE OF ACQUIRING, HOLDING TITLE TO, AND COLLECTING INCOME FROM PROPERTY LOCATED AT 914 & 918 POCOPSON ROAD IN WEST CHESTER, PA.
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.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Shawn C Lese | VP/ASST SECRETARY | 1 | $0 |
| Bruce M Ambler Jr | EXEC VP/SECRETARY | 1 | $0 |
| Alexia K Gottschalch | PRESIDENT | 1 | $0 |
| Laurann Stepp | DIRECTOR | 1 | $0 |
| James H Grossman | DIRECTOR | 1 | $0 |
| Charles J Spiller | DIRECTOR | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/201540829349300229_public.xml