2025-08-01T17:50:10-07:00 2024-12-31 990EZ 2024-01-01 474874259 CHARLES STREET AREA CORPORATION CHAR 4128086301 P O Box 99233 PITTSBURGH PA 15233 ANGELA WILLIAMS EXECUTIVE DIRECTOR 4128086301 2025-08-01 1 2024 2025-03-06 01:10:19Z X X CSACPA.ORG X X 177419 X 177419 0 0 0 0 0 0 0 0 0 0 0 0 0 0 177419 0 0 0 144216 0 0 21107 165323 12096 20596 0 32692 X 175032 32692 0 0 0 0 175032 32692 154436 0 20596 32692 POSITIVELY EMPOWER RESIDENTS BY PROVIDING ACCESS TO RESOURCES AND SERVICES THAT AID INDIVIDUAL SELF-SUFFICIENCY AND REVITALIZE THE CHARLES STREET VALLEY COMMUNITY Community Beautification & Infrastructure: Beautifying our community remained a priority in 2024: planted trees to advocate for local infrastructure improvements, enhanced shared spaces and fostered pride in our neighborhood through Greenway transformation project Affordable Homeownership Project: Completed Phase 1 and Phase 2 of Environmental Site Assessment for N Charles St Affordable Homeownership Project to build 18 for-sale units over 3 years. 0 0 0 Ercika Wingfield Vice President 0 0 0 0 Shalace Moore Board Member 0 0 0 0 La Rita Alston Board Member 0 0 0 0 Isreal Williams Secretary 0 0 0 0 Dr Archish Maharaja CFP Treasurer 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PA CHARLES STREET AREA CORPORATION P O Box 99233 PITTSBURGH PA 15233 4128086301 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 185480 221248 177419 584147 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 185480 221248 177419 584147 0 0 0 0 0 0 0 0 0 0 0 0 0 0 584147 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 185480 221248 177419 584147 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Form 990-EZ, Part I, Line 16 Description;Amount^ADVERTISING AND PROMOTION;237|INSURANCE;3254|INSURANCE;3254|OFFICE EXPENSES;1780|PROGRAM SERVICE EXPENSES;10404|TRAVEL;2178^Total;21107^ Form 990-EZ, Part II, Line 24 ORGANIZATION HAS NO TANGIBLE ASSETS Form 990-EZ, Part II, Line 26 No liabilities This letter serves as a formal request for relief from late filing penalties, specifically requesting an administrative waiver for first-time penalty abatement due to just cause. Charles Street Area Corporation, a 501(c)(3) tax-exempt organization (EIN 47-4874259), meets criteria for first-time penalty abatement: - Filing Compliance: Prior to 2022, all tax obligations were fulfilled, with timely 990N filings. - Payment Compliance: The organization remained current on all tax payment obligations before 2022. - Clean Penalty History: There have been no previous offenses or penalties before 2022, as tax preparation was handled internally via 990N before 2022. Explanation: In 2022, the organization enlisted the services of an external accountant for bookkeeping, financial statement preparation (external audit), and tax filing. This individual, licensed in Pennsylvania but residing in Maryland, was found online. The organization mistakenly believed that the accountant had filed the 2022 and 2023 tax documents. It was only in March 2025, during preparations for filing 2024 tax returns with a new local tax professional, that the failure to file for the previous two years was discovered. Efforts to secure a local tax preparer willing to handle the filings for 2022 and 2023 proved extremely challenging until 1800Accountant was engaged in March 2025. Even then, completion of 2022 Form 990 and 2023 Form 990 took longer than four months- up to when the IRS electronically received both forms in July- filed by 1800Accountant. A third late filing is anticipated for the tax year ending December 31, 2024, which is in progress now. The organization respectfully requests that late filing penalty abatement be considered for tax year 2022, and 2023 and 2024 if possible. Charles Street Area Corporation is a small, community-based nonprofit dedicated to projects such as park renovation and the development of affordable for-sale housing. Immediate steps have been taken to ensure future IRS tax filing compliance, including: retaining ongoing professional tax services from a local accounting firm, monthly accounting service since Dec 2024, and implementing an internal reminder and checks-and-balances system with the local accounting firm The organization has consistently operated with integrity and diligence; this oversight was an unintended lapse, not a pattern of neglect or disregard for obligations. Post-covid in 2022- it was hard to find a local CPA and tax preparer. Given the organization's history of compliance, and the significant adverse impact of IRS penalties on the organization's limited resources, we respectfully request relief from late filing penalties under the First-Time Penalty Abatement policy or reasonable cause provisions.