Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
South Wedge Housing Development Fund Company Inc
990EZ • Fiscal year 2020 • EIN 20-5061133
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.41x
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
7th percentile
Higher net margin than 7% of similar nonprofits.
Top Officer Pay
73rd percentile
Higher top officer pay than 73% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
23rd percentile
Faster asset growth than 23% of similar nonprofits.
Revenue Growth
75th percentile
Faster revenue growth than 75% of similar nonprofits.
Balance Sheet
Assets
Down$188,444
Down $25,624 (-12%) from 2019
Net Assets
Down-$77,989
Down $21,105 (-37%) from 2019
Liabilities
Down$266,433
Down $4,519 (-1.7%) from 2019
Revenue And Expenses
Revenue
Up$12,233
Up $1,438 (+13%) from 2019
Expenses
Up$33,338
Up $11,728 (+54%) from 2019
Net Income
Down-$21,105
Down $10,290 (-95%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2019 to Jun 30, 2020
- Signed
- Feb 18, 2021
- Return Version
- 2019v5.0
- Gross Receipts
- $12,233
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. | $31,898 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| FRANK LOGAN | President | - | $0 | - | - |
| TONY SCIARABBA | Treasurer | - | $0 | - | - |
| KRISTEN WOOD | Secretary | - | $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
- 2021-02-18
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Stokes Visca and Co Llp Cpas
- Address
- 29 GOODWAY DR, ROCHESTER, NY 14623
- Preparer
- Paul Visca CPA
- Phone
- 5854270850
Supplemental Narrative
Additional Explanations
Other Expenses.1009
“Depreciation $10266”
Other Expenses.1
“Tenant turnover costs $3786”
Other Expenses.2
“UNCOLLECTED RENTS $2990”
Other Expenses.3
“MISCELLANEOUS $1349”
Other Assets.1005
“Accounts Receivable - Beginning $4998 Accounts Receivable - Ending $20”
Other Assets.1011
“Prepaid Expenses and Deferred Charges - Beginning $975 Prepaid Expenses and Deferred Charges - Ending $58”
Other Assets.1
“TENANTS SECURITY DEPOSITS - Beginning $238 TENANTS SECURITY DEPOSITS - Ending $507”
Other Assets.2
“RESERVES AND ESCROW DEPOSITS - Beginning $11435 RESERVES AND ESCROW DEPOSITS - Ending $9594”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $9730 Accounts Payable and Accrued Expenses - Ending $6935”
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 $507”
Raw XML Appendix160 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 | 8742 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 851 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -21105 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 840 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 214068 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 188444 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 12233 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 187680 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 177414 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -56884 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -77989 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -56884 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -77989 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 13507 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | FRANK LOGAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | TONY SCIARABBA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | KRISTEN WOOD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 17646 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 10179 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 18391 |
| 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 | 12233 |
| 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 | 31898 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 600 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 270952 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 266433 |
| 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 | 33338 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 31898 |
| IRS990EZ/TotalRevenueAmt | 0 | 12233 |
| 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 | 12233 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 10795 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 11736 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 11158 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 13782 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 59704 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 59704 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 12233 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 10795 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 11736 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 11158 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 13782 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 59704 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 59704 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Depreciation $10266 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | TENANT TURNOVER COSTS $3786 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | UNCOLLECTED RENTS $2990 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | MISCELLANEOUS $1349 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Accounts Receivable - Beginning $4998 Accounts Receivable - Ending $20 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Prepaid Expenses and Deferred Charges - Beginning $975 Prepaid Expenses and Deferred Charges - Ending $58 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | TENANTS SECURITY DEPOSITS - Beginning $238 TENANTS SECURITY DEPOSITS - Ending $507 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | RESERVES AND ESCROW DEPOSITS - Beginning $11435 RESERVES AND ESCROW DEPOSITS - Ending $9594 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Accounts Payable and Accrued Expenses - Beginning $9730 Accounts Payable and Accrued Expenses - Ending $6935 |
| 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 $507 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1009 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.3 |
| 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 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | FRANK LOGAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-02-18 |
| 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 | 14623 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5854270850 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | PAUL VISCA CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2021-02-18T15:37:25-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-06-30 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $188,444
- Liabilities
- $266,433
- Net assets
- -$77,989
- Revenue
- $12,233
- Expenses
- $33,338
- Net income
- -$21,105