South Wedge Housing Development

EIN 20-5061133 • 501(c)3 • Rochester, NY

Profile

To develop housing for persons of low income in monroe county, new york. The organization owns a 2 unit building located in rochester, new york.

224 MT Hope AveRochester, NY 14620

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

1.91x

Higher debt load relative to assets than 90% of similar nonprofits.

NTEE L • <$500k nonprofits • Source year 2025

12.04x

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

NTEE L • <$500k nonprofits • Source year 2025

-66%

Higher net margin than 12% of similar nonprofits.

NTEE L • <$500k nonprofits • Source year 2025

Higher top officer pay than 84% of similar nonprofits.

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

NTEE L • <$500k nonprofits • Source year 2025

-3.6%

Faster asset growth than 40% of similar nonprofits.

NTEE L • <$500k nonprofits • Annualized from 2024 to 2025

138%

Faster revenue growth than 93% of similar nonprofits.

NTEE L • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet

Liabilities / Assets90th percentile

Assets

Down

$144,151

Down $5,362 (-3.6%) from 2024

Liabilities

$275,155

Up $9,743 (+3.7%) from 2024

Net Assets

Down

-$131,004

Down $15,105 (-13%) from 2024

Operations

Liabilities / Revenue96th percentile Net Margin12th percentile

Revenue

$22,860

Up $13,252 (+138%) from 2024

Expenses

$37,965

Up $26,497 (+231%) from 2024

Net Income

Down

-$15,105

Down $13,245 (-712%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth40th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

Highlighted filing

2025

Assets$144,151

Liabilities$275,155

Net Assets-$131,004

Open 2025 Filing

Operations Trend

Revenue Growth93rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

Highlighted filing

2025

Revenue$22,860

Expenses$37,965

Net Income-$15,105

Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $144,151
Liabilities: $275,155
Net assets: -$131,004
Revenue: $22,860
Expenses: $37,965
Net income: -$15,105

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$1.44	$2.75	$1.31	$0.23	$0.38	$0.15
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.50	$2.65	$1.16	$0.10	$0.11	$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.51	$2.65	$1.14	$0.00	$0.12	$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.63	$2.65	$1.03	$0.00	$0.12	$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.74	$2.65	$0.91	$0.00	$0.13	$0.13
2020Detailed filing. Detailed filing data is available for this year.	$1.88	$2.66	$0.78	$0.12	$0.33	$0.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.14	$2.71	$0.57	$0.11	$0.22	$0.11
2018Detailed filing. Detailed filing data is available for this year.	$2.22	$2.68	$0.46	$0.12	$0.21	$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.34	$2.70	$0.37	$0.11	$0.29	$0.18
2016Detailed filing. Detailed filing data is available for this year.	$2.44	$2.63	$0.19	$0.14	$0.22	$0.08
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.47	$2.58	$0.11	$0.11	$0.18	$0.06
2014Detailed filing. Detailed filing data is available for this year.	$2.54	$2.59	$0.05	$0.08	$0.19	$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.64	$2.58	$0.06	$0.20	$0.21	$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.74	$2.68	$0.06	$0.20	$0.19	$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.82	$2.78	$0.05	$0.20	$0.18	$0.02

Latest Filing Detail

Jump To

Filing Snapshot

Filing Period: Jul 1, 2024 to Jun 30, 2025
Signed: Dec 22, 2025
Return Version: 2024v5.2
Gross Receipts: $22,860

Mission and Program Overview

Mission

To develop housing for persons of low income in monroe county, new york. The organization owns a 2 unit building located in rochester, new york.

Program Services

Description	Grants	Expenses
TO DEVELOP HOUSING FOR PERSONS OF LOW INCOME IN MONROE COUNTY, NEW YORK STATE. THE ORGANIZATION OWNS A 2 UNIT BUILDING LOCATED IN ROCHESTER, NY. SOUTH WEDGE PLANNING COMMITTEE IS ONLY MEMBER.	-	$37,965

Compensation and Service Providers

Top Officer Pay84th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
JENNIFER POSEY	Executive Director	-	$0	-	-
MATTHEW WOLANSKI	Director	-	$0	-	-
PHILIP DUQUETTE	Director	-	$0	-	-
ANTHONY SCIARABBA	Treasurer	-	$0	-	-
LINDSEY ALLEN	President	-	$0	-	-
JOEL ELLIOT	Secretary	-	$0	-	-
GLYNIS VALENTI	Prev. Ex. Director	-	$0	-	-
NANCY DALEY	Director	-	$0	-	-
ALVIN LOMIBAO	Vice President	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: South Wedge Housing Development
EIN: 20-5061133
Phone: 5852561740
Address: 224 MT HOPE AVE, ROCHESTER, NY 14620

Signing Officer

Name: Jennifer Posey
Title: Executive Director
Signed: 2025-12-22
Discuss with paid preparer: Yes

Preparer

Firm: Stokes Visca Hucko & Barone Cpas LLC
Address: 29 GOODWAY DR, ROCHESTER, NY 14623
Preparer: Joseph Barone CPA
Phone: 5854270850

Supplemental Narrative

Additional Explanations

Other Expenses.1009

“Depreciation $10063”

Other Expenses.1012

“Insurance $2627”

Other Expenses.1

“Repairs & maintenance $13844”

Other Expenses.2

“MISCELLANEOUS $7577”

Other Expenses.3

“TAXES AND LICENSES $2837”

Other Assets.1005

“Accounts Receivable - Beginning $20 Accounts Receivable - Ending $1558”

Other Assets.1011

“Prepaid Expenses and Deferred Charges - Beginning $58 Prepaid Expenses and Deferred Charges - Ending $659”

Other Assets.1

“TENANTS SECURITY DEPOSITS - Beginning $507 TENANTS SECURITY DEPOSITS - Ending $507”

Other Assets.2

“RESERVES AND ESCROW DEPOSITS - Beginning $12522 RESERVES AND ESCROW DEPOSITS - Ending $15084”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $8383 Accounts Payable and Accrued Expenses - Ending $18126”

Total Liabilities.1007

“Secured Mortgages and Notes Payable - Beginning $256522 Secured Mortgages and Notes Payable - Ending $256522”

Total Liabilities.1

“- Beginning $0 - Ending $0”

Raw XML Appendix170 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.

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IRS990EZ/BooksInCareOfDetail/PersonNm	0	THE ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	5852561740
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	224 MT HOPE AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	ROCHESTER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	14620
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/CostOfGoodsSoldAmt	0	0
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-15105
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	149513
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	144151
IRS990EZ/FundraisingGrossIncomeAmt	0	0
IRS990EZ/GrossReceiptsAmt	0	22860
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	136406
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	126343
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	-115899
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	-131004
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	-115899
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	-131004
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	1017
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	0.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	0.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	0.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	0.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	0.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	5	0.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	6	0.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	7	0.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	8	0.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	5	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	6	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	7	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	8	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	JENNIFER POSEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	MATTHEW WOLANSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	PHILIP DUQUETTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	ANTHONY SCIARABBA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	LINDSEY ALLEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	5	JOEL ELLIOT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	6	GLYNIS VALENTI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	7	NANCY DALEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	8	ALVIN LOMIBAO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	Executive Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	5	Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	6	PREV. EX. DIR.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	7	Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	8	Vice President
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	13107
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	17808
IRS990EZ/OtherExpensesTotalAmt	0	36948
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	TO DEVELOP HOUSING FOR PERSONS OF LOW INCOME IN MONROE COUNTY, NEW YORK. THE ORGANIZATION OWNS A 2 UNIT BUILDING LOCATED IN ROCHESTER, NEW YORK.
IRS990EZ/ProgramServiceRevenueAmt	0	22860
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	TO DEVELOP HOUSING FOR PERSONS OF LOW INCOME IN MONROE COUNTY, NEW YORK STATE. THE ORGANIZATION OWNS A 2 UNIT BUILDING LOCATED IN ROCHESTER, NY. SOUTH WEDGE PLANNING COMMITTEE IS ONLY MEMBER.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	37965
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SpecialEventsDirectExpensesAmt	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	NY
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	265412
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	275155
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	37965
IRS990EZ/TotalProgramServiceExpensesAmt	0	37965
IRS990EZ/TotalRevenueAmt	0	22860
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/CommunityTrustInd	0	X
IRS990ScheduleA/First5Years170Ind	0	X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	0
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt	0	0
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	0
IRS990ScheduleA/OtherIncome170Grp/TotalAmt	0	0
IRS990ScheduleA/PublicSupportCY170Pct	0	0.00000
IRS990ScheduleA/PublicSupportTotal170Amt	0	0
IRS990ScheduleA/SubstantialContributorsTotAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt	0	0
IRS990ScheduleA/TotalSupportAmt	0	0
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt	0	0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Depreciation $10063
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Insurance $2627
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	REPAIRS & MAINTENANCE $13844
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	MISCELLANEOUS $7577
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	TAXES AND LICENSES $2837
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	Accounts Receivable - Beginning $20 Accounts Receivable - Ending $1558
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	6	Prepaid Expenses and Deferred Charges - Beginning $58 Prepaid Expenses and Deferred Charges - Ending $659
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	7	TENANTS SECURITY DEPOSITS - Beginning $507 TENANTS SECURITY DEPOSITS - Ending $507
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	8	RESERVES AND ESCROW DEPOSITS - Beginning $12522 RESERVES AND ESCROW DEPOSITS - Ending $15084
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	9	Accounts Payable and Accrued Expenses - Beginning $8383 Accounts Payable and Accrued Expenses - Ending $18126
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	10	Secured Mortgages and Notes Payable - Beginning $256522 Secured Mortgages and Notes Payable - Ending $256522
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	11	- Beginning $0 - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	5	Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	6	Other Assets.1011
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	7	Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	8	Other Assets.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	9	Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	10	Total Liabilities.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	11	Total Liabilities.1
ReturnHeader/BuildTS	0	2025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	JENNIFER POSEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	Executive Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2025-12-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	SOUTH WEDGE HOUSING DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt	0	FUND COMPANY INC
ReturnHeader/Filer/BusinessNameControlTxt	0	SOUT
ReturnHeader/Filer/EIN	0	205061133
ReturnHeader/Filer/PhoneNum	0	5852561740
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	224 MT HOPE AVE
ReturnHeader/Filer/USAddress/CityNm	0	ROCHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	NY
ReturnHeader/Filer/USAddress/ZIPCd	0	14620
ReturnHeader/IRSResponsiblePrtyInfoCurrInd	0	true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	474215313
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	STOKES VISCA HUCKO & BARONE CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	29 GOODWAY DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	ROCHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	14623
ReturnHeader/PreparerPersonGrp/PhoneNum	0	5854270850
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	JOSEPH BARONE CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd	0	X
ReturnHeader/ReturnTs	0	2025-12-22T07:39:37-08:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2024-07-01
ReturnHeader/TaxPeriodEndDt	0	2025-06-30
ReturnHeader/TaxYr	0	2024

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