Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
South Wedge Housing Development Fund Company Inc
990EZ • Fiscal year 2018 • EIN 20-5061133
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.21x
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
32nd percentile
Faster asset growth than 32% of similar nonprofits.
Revenue Growth
66th percentile
Faster revenue growth than 66% of similar nonprofits.
Balance Sheet
Assets
Down$221,680
Down $11,841 (-5.1%) from 2017
Net Assets
Down-$46,069
Down $9,319 (-25%) from 2017
Liabilities
Down$267,749
Down $2,522 (-0.9%) from 2017
Revenue And Expenses
Revenue
Up$11,736
Up $578 (+5.2%) from 2017
Expenses
Down$21,055
Down $7,927 (-27%) from 2017
Net Income
Up-$9,319
Up $8,505 (+48%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2017 to Jun 30, 2018
- Signed
- May 1, 2019
- Return Version
- 2017v2.2
- Gross Receipts
- $11,736
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. | $19,566 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TERESA HEMANN | Vice President | - | $0 | - | - |
| FRANK LOGAN | President | - | $0 | - | - |
| EMERY RIZZO | Secretary | - | $0 | - | - |
| TONY SCIARABBA | Treasurer | - | $0 | - | - |
| JOHN FRANK | Director | - | $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
- Frank Logan
- Title
- President
- Signed
- 2019-05-01
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Stokes Visca and Co Llp Cpas
- Address
- 29 GOODWAY DR, ROCHESTER, NY 14623-3029
- Preparer
- Paul Visca CPA
- Phone
- 5854270850
Supplemental Narrative
Additional Explanations
Other Expenses.1009
“Depreciation $10266”
Other Expenses.1012
“Insurance $1156”
Other Expenses.1
“MISCELLANEOUS $1471”
Other Expenses.2
“NET RESERVE EXPENSE $281”
Other Assets.1005
“Accounts Receivable - Beginning $2215 Accounts Receivable - Ending $1930”
Other Assets.1011
“Prepaid Expenses and Deferred Charges - Beginning $1620 Prepaid Expenses and Deferred Charges - Ending $975”
Other Assets.1
“TENANTS SECURITY DEPOSITS - Beginning $238 TENANTS SECURITY DEPOSITS - Ending $238”
Other Assets.2
“RESERVES AND ESCROW DEPOSITS - Beginning $16198 RESERVES AND ESCROW DEPOSITS - Ending $11143”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $9985 Accounts Payable and Accrued Expenses - Ending $6811”
Total Liabilities.1007
“Secured Mortgages and Notes Payable - Beginning $256522 Secured Mortgages and Notes Payable - Ending $256522”
Total Liabilities.1
“- Beginning $0 - Ending $0”
Total Liabilities.2
“SECURITY DEPOSITS - Beginning $238 SECURITY DEPOSITS - Ending $238”
Raw XML Appendix169 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| 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/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 5038 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 9448 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -9319 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 841 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form720FiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 233521 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 221680 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 11736 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 208212 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 197946 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -36750 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -46069 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -36750 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -46069 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 6392 |
| 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/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/PersonNm | 0 | TERESA HEMANN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | FRANK LOGAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | EMERY RIZZO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | TONY SCIARABBA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | JOHN FRANK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 20271 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 14286 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 13174 |
| 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 | 11736 |
| 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/GrantsAndAllocationsAmt | 0 | 19566 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 648 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 270271 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 267749 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 21055 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 19566 |
| IRS990EZ/TotalRevenueAmt | 0 | 11736 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/CommunityTrustInd | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 11736 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 11158 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 13782 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 11471 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 8040 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 56187 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 1 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.85170 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 56187 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 11736 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 11158 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 13782 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 11471 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 8040 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 56187 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 56188 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Depreciation $10266 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Insurance $1156 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | MISCELLANEOUS $1471 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | NET RESERVE EXPENSE $281 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Accounts Receivable - Beginning $2215 Accounts Receivable - Ending $1930 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Prepaid Expenses and Deferred Charges - Beginning $1620 Prepaid Expenses and Deferred Charges - Ending $975 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | TENANTS SECURITY DEPOSITS - Beginning $238 TENANTS SECURITY DEPOSITS - Ending $238 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | RESERVES AND ESCROW DEPOSITS - Beginning $16198 RESERVES AND ESCROW DEPOSITS - Ending $11143 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Accounts Payable and Accrued Expenses - Beginning $9985 Accounts Payable and Accrued Expenses - Ending $6811 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Secured Mortgages and Notes Payable - Beginning $256522 Secured Mortgages and Notes Payable - Ending $256522 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | - Beginning $0 - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | SECURITY DEPOSITS - Beginning $238 SECURITY DEPOSITS - Ending $238 |
| 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 Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Assets.1011 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Assets.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Assets.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Total Liabilities.1007 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Total Liabilities.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Total Liabilities.2 |
| ReturnHeader/BuildTS | 0 | 2020-01-14 16:20:31Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | FRANK LOGAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-05-01 |
| 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/PreparerFirmGrp/PreparerFirmEIN | 0 | 161559159 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | STOKES VISCA AND CO LLP CPAS |
| 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 | 146233029 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5854270850 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | PAUL VISCA CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2019-05-01T16:36:00-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-06-30 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $221,680
- Liabilities
- $267,749
- Net assets
- -$46,069
- Revenue
- $11,736
- Expenses
- $21,055
- Net income
- -$9,319