Civic Intelligence

Edison Housing Development Fund Corporation

990EZ • Fiscal year 2020 • EIN 16-1526969

Apr 01, 2019 to Mar 31, 2020 • Filed on Jan 21, 2021

817 East Main StreetRochester, NY 14605

(585) 256-8900

Siviq Scores

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

Liabilities / Assets

91st percentile

0.73x

Higher debt load relative to assets than 91% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

97th percentile

2.51x

Higher debt load relative to revenue than 97% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

20th percentile

-24%

Higher net margin than 20% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

22nd percentile

-17%

Faster asset growth than 22% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

65th percentile

0.8%

Faster revenue growth than 65% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$206,983

Down $41,351 (-17%) from 2019

Net Assets

Down

$54,907

Down $14,290 (-21%) from 2019

Liabilities

Down

$152,076

Down $27,061 (-15%) from 2019

Revenue

Up

$60,516

Up $459 (+0.8%) from 2019

Expenses

Up

$74,806

Up $22,292 (+42%) from 2019

Net Income

Down

-$14,290

Down $21,833 (-289%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $369,092Liabilities 2011: $312,3872011Assets 2012: $357,061Liabilities 2012: $294,5842012Assets 2013: $350,464Liabilities 2013: $277,7222013Assets 2014: $331,676Liabilities 2014: $259,6982014Assets 2015: $320,151Liabilities 2015: $240,5412015Assets 2016: $311,500Liabilities 2016: $223,5782016Assets 2017: $256,767Liabilities 2017: $203,1472017Assets 2018: $247,778Liabilities 2018: $186,124Net Assets 2018: $61,6542018Assets 2019: $248,334Liabilities 2019: $179,137Net Assets 2019: $69,1972019Assets 2020: $206,983Liabilities 2020: $152,076Net Assets 2020: $54,9072020Assets 2021: $202,722Liabilities 2021: $145,364Net Assets 2021: $57,3582021Assets 2022: $175,866Liabilities 2022: $116,175Net Assets 2022: $59,6912022Assets 2023: $160,537Liabilities 2023: $98,202Net Assets 2023: $62,3352023Assets 2024: $128,688Liabilities 2024: $76,287Net Assets 2024: $52,4012024Assets 2025: $112,381Liabilities 2025: $68,216Net Assets 2025: $44,1652025

Highlighted filing

2020

Assets$206,983
Liabilities$152,076
Net Assets$54,907

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $62,411Expenses 2011: $52,378Net Income 2011: $10,0332011Revenue 2012: $61,783Expenses 2012: $56,011Net Income 2012: $5,7722012Revenue 2013: $62,408Expenses 2013: $52,143Net Income 2013: $10,2652013Revenue 2014: $61,684Expenses 2014: $62,448Net Income 2014: -$7642014Revenue 2015: $62,094Expenses 2015: $54,462Net Income 2015: $7,6322015Revenue 2016: $61,924Expenses 2016: $53,612Net Income 2016: $8,3122016Revenue 2017: $64,891Expenses 2017: $99,193Net Income 2017: -$34,3022017Revenue 2018: $61,169Expenses 2018: $53,135Net Income 2018: $8,0342018Revenue 2019: $60,057Expenses 2019: $52,514Net Income 2019: $7,5432019Revenue 2020: $60,516Expenses 2020: $74,806Net Income 2020: -$14,2902020Revenue 2021: $62,367Expenses 2021: $59,916Net Income 2021: $2,4512021Revenue 2022: $62,349Expenses 2022: $60,016Net Income 2022: $2,3332022Revenue 2023: $61,324Expenses 2023: $58,680Net Income 2023: $2,6442023Revenue 2024: $61,837Expenses 2024: $71,771Net Income 2024: -$9,9342024Revenue 2025: $62,362Expenses 2025: $70,598Net Income 2025: -$8,2362025

Highlighted filing

2020

Revenue$60,516
Expenses$74,806
Net Income-$14,290
Jump To
Filing Snapshot
Filing Period
Apr 1, 2019 to Mar 31, 2020
Signed
Jan 21, 2021
Return Version
2019v5.1
Gross Receipts
$60,516
Mission and Program Overview

Mission

Management of low-income housing for seniors

Management of low-income housing for seniors.

Program Services

DescriptionGrantsExpenses
RENTAL OF SPACE/PROPERTY MANAGEMENT RENTAL OF REAL PROPERTY AND PROPERTY MANAGEMENT OF LOW-INCOME HOUSING FOR SENIOR CITIZENS (8 HOUSING UNITS).$0$71,951
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANGELICA PEREZ DELGADOCEO And Board Member-$0--
EMETERIO OTEROChairman-$0--
JAMES SUTTONVice Chairman-$0--
DIANA HERNANDEZTreasurer-$0--
JOSE ROSARIOSecretary-$0--
AMY SARGENTCFO And Board Member-$0--
JULIO SAENZBoard Member-$0--
MIGUEL VELAZQUEZ PART YEARChairman-$0--
BERLIN BERMUDEZ PART YEARBoard Member-$0--
ARTHUR HIRST PART YEARTreasurer-$0--
GLADYS PEDRAZA-BURGOS PART YEARCOO & Board Member-$0--
Filing and Contact Details

Filer

Filer Name
Edison Housing Development Fund
EIN
16-1526969
Phone
5852568900
Address
817 EAST MAIN STREET, ROCHESTER, NY 14605

Signing Officer

Name
Angelica Perez Delgado
Title
CEO
Phone
5852568900
Signed
2021-01-21
Discuss with paid preparer
Yes

Preparer

Firm
Flaherty Salmin Llp
Address
2300 BUFFALO RD BLDG 200, ROCHESTER, NY 14624
Preparer
Dale Rowland CPA
Phone
5852790120
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 27.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 17,134. Description: other expenses. Amount: 23,581. Total to form 990-ez, line 14: 40,715.

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

Description: miscellaneous taxes . Amount: 130. Description: residual receipts recapture. Amount: 25,458. Description: office expense . Amount: 247. Total to form 990-ez, line 16: 25,835.

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

Description: prepaid expenses . Beg. Of year amount: 978. End of year amount: 922. Description: security deposits . Beg. Of year amount: 1,588. End of year amount: 1,825. Description: replacement reserve . Beg. Of year amount: 35,369. End of year amount: 37,495. Description: residual receipts . Beg. Of year amount: 18,432. End of year amount: 1,976. Description: accounts receivable . Beg. Of year amount: 7,556. End of year amount: 8,480.

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

Description: accounts payable - operations . Beg. Of year amount: 4,496. End of year amount: 4,286. Description: security deposits payable . Beg. Of year amount: 1,588. End of year amount: 1,825. Description: deferred revenue . Beg. Of year amount: 161,103. End of year amount: 143,202. Description: due to affiliates . Beg. Of year amount: 11,950. End of year amount: 2,763.

Raw XML Appendix212 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/OfficerDirectorTrusteeEmplGrp/PersonNm7MIGUEL VELAZQUEZ PART YEAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8BERLIN BERMUDEZ PART YEAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9ARTHUR HIRST PART YEAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10GLADYS PEDRAZA-BURGOS PART YEAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO AND BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5CFO AND BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD MEMBER
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IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0MANAGEMENT OF LOW-INCOME HOUSING FOR SENIORS.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RENTAL OF SPACE/PROPERTY MANAGEMENT RENTAL OF REAL PROPERTY AND PROPERTY MANAGEMENT OF LOW-INCOME HOUSING FOR SENIOR CITIZENS (8 HOUSING UNITS).
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.IAAL.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt042353
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt043336
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt025837
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt028114
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt027263
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 27.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 17,134. DESCRIPTION: OTHER EXPENSES. AMOUNT: 23,581. TOTAL TO FORM 990-EZ, LINE 14: 40,715.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: MISCELLANEOUS TAXES . AMOUNT: 130. DESCRIPTION: RESIDUAL RECEIPTS RECAPTURE. AMOUNT: 25,458. DESCRIPTION: OFFICE EXPENSE . AMOUNT: 247. TOTAL TO FORM 990-EZ, LINE 16: 25,835.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: PREPAID EXPENSES . BEG. OF YEAR AMOUNT: 978. END OF YEAR AMOUNT: 922. DESCRIPTION: SECURITY DEPOSITS . BEG. OF YEAR AMOUNT: 1,588. END OF YEAR AMOUNT: 1,825. DESCRIPTION: REPLACEMENT RESERVE . BEG. OF YEAR AMOUNT: 35,369. END OF YEAR AMOUNT: 37,495. DESCRIPTION: RESIDUAL RECEIPTS . BEG. OF YEAR AMOUNT: 18,432. END OF YEAR AMOUNT: 1,976. DESCRIPTION: ACCOUNTS RECEIVABLE . BEG. OF YEAR AMOUNT: 7,556. END OF YEAR AMOUNT: 8,480.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ACCOUNTS PAYABLE - OPERATIONS . BEG. OF YEAR AMOUNT: 4,496. END OF YEAR AMOUNT: 4,286. DESCRIPTION: SECURITY DEPOSITS PAYABLE . BEG. OF YEAR AMOUNT: 1,588. END OF YEAR AMOUNT: 1,825. DESCRIPTION: DEFERRED REVENUE . BEG. OF YEAR AMOUNT: 161,103. END OF YEAR AMOUNT: 143,202. DESCRIPTION: DUE TO AFFILIATES . BEG. OF YEAR AMOUNT: 11,950. END OF YEAR AMOUNT: 2,763.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
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
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANGELICA PEREZ DELGADO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05852568900
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EDISON HOUSING DEVELOPMENT FUND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0EDIS
ReturnHeader/Filer/EIN0161526969
ReturnHeader/Filer/PhoneNum05852568900
ReturnHeader/Filer/USAddress/AddressLine1Txt0817 EAST MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0ROCHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014605
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0161451346
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FLAHERTY SALMIN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02300 BUFFALO RD BLDG 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014624
ReturnHeader/PreparerPersonGrp/PhoneNum05852790120
ReturnHeader/PreparerPersonGrp/PreparationDt02021-01-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DALE ROWLAND CPA
ReturnHeader/ReturnTs02021-02-10T11:57:10-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-04-01
ReturnHeader/TaxPeriodEndDt02020-03-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.12$0.68$0.44$0.62$0.71$0.08
2024Detailed filing. Detailed filing data is available for this year.$1.29$0.76$0.52$0.62$0.72$0.10
2023Detailed filing. Detailed filing data is available for this year.$1.61$0.98$0.62$0.61$0.59$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.76$1.16$0.60$0.62$0.60$0.02
2021Detailed filing. Detailed filing data is available for this year.$2.03$1.45$0.57$0.62$0.60$0.02
2020Detailed filing. Detailed filing data is available for this year.$2.07$1.52$0.55$0.61$0.75$0.14
2019Detailed filing. Detailed filing data is available for this year.$2.48$1.79$0.69$0.60$0.53$0.08
2018Detailed filing. Detailed filing data is available for this year.$2.48$1.86$0.62$0.61$0.53$0.08
2017Summary only. Only limited summary data is available for this year.$2.57$2.03$0.65$0.99$0.34
2016Summary only. Only limited summary data is available for this year.$3.12$2.24$0.62$0.54$0.08
2015Summary only. Only limited summary data is available for this year.$3.20$2.41$0.62$0.54$0.08
2014Summary only. Only limited summary data is available for this year.$3.32$2.60$0.62$0.62$0.01
2013Summary only. Only limited summary data is available for this year.$3.50$2.78$0.62$0.52$0.10
2012Summary only. Only limited summary data is available for this year.$3.57$2.95$0.62$0.56$0.06
2011Summary only. Only limited summary data is available for this year.$3.69$3.12$0.62$0.52$0.10