Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
South Wedge Housing Development Fund Company Inc
990EZ • Fiscal year 2024 • EIN 20-5061133
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.78x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
21st percentile
Higher net margin than 21% of similar nonprofits.
Top Officer Pay
83rd percentile
Higher top officer pay than 83% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Balance Sheet
Assets
Down$149,513
Down $1,860 (-1.2%) from 2023
Net Assets
Down-$115,899
Down $1,860 (-1.6%) from 2023
Liabilities
Flat$265,412
Flat from 2023
Revenue And Expenses
Revenue
Up$9,608
Up $9,608 from 2023
Expenses
Down$11,468
Down $237 (-2.0%) from 2023
Net Income
Up-$1,860
Up $9,845 (+84%) from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2023 to Jun 30, 2024
- Signed
- Feb 20, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $9,608
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. | - | $11,468 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JENNIFER POSEY | Executive Director | - | $0 | - | - |
| LINDSEY ALLEN | President | - | $0 | - | - |
| TONY SCIARABBA | Treasurer | - | $0 | - | - |
| KRISTINA 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
- Jennifer Posey
- Title
- Executive Director
- Signed
- 2025-02-20
- 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 $10210”
Other Expenses.1012
“Insurance $473”
Other Expenses.1
“MISCELLANEOUS $657”
Other Assets.1005
“Accounts Receivable - Beginning $20 Accounts Receivable - Ending $20”
Other Assets.1011
“Prepaid Expenses and Deferred Charges - Beginning $58 Prepaid Expenses and Deferred Charges - Ending $58”
Other Assets.1
“TENANTS SECURITY DEPOSITS - Beginning $507 TENANTS SECURITY DEPOSITS - Ending $507”
Other Assets.2
“RESERVES AND ESCROW DEPOSITS - Beginning $3664 RESERVES AND ESCROW DEPOSITS - Ending $12522”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $8383 Accounts Payable and Accrued Expenses - Ending $8383”
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 Appendix151 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 | 508 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -1860 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 50 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 151373 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 149513 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 9608 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 146616 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 136406 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -114039 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -115899 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -114039 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -115899 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 78 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JENNIFER POSEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | LINDSEY ALLEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | TONY SCIARABBA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | KRISTINA WOOD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Executive Dir. |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 4249 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 13107 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 11340 |
| 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 | 9608 |
| 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 | 11468 |
| 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 | 265412 |
| 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 | 11468 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 11468 |
| IRS990EZ/TotalRevenueAmt | 0 | 9608 |
| 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/CurrentTaxYearMinus4YearsAmt | 0 | 12233 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 12233 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 12233 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 12233 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 12233 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 12233 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Depreciation $10210 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Insurance $473 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | MISCELLANEOUS $657 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Accounts Receivable - Beginning $20 Accounts Receivable - Ending $20 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Prepaid Expenses and Deferred Charges - Beginning $58 Prepaid Expenses and Deferred Charges - Ending $58 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | TENANTS SECURITY DEPOSITS - Beginning $507 TENANTS SECURITY DEPOSITS - Ending $507 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | RESERVES AND ESCROW DEPOSITS - Beginning $3664 RESERVES AND ESCROW DEPOSITS - Ending $12522 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Accounts Payable and Accrued Expenses - Beginning $8383 Accounts Payable and Accrued Expenses - Ending $8383 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Secured Mortgages and Notes Payable - Beginning $256522 Secured Mortgages and Notes Payable - Ending $256522 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | - 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 Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Assets.1011 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Assets.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Assets.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Total Liabilities.1007 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | 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 | 2025-02-20 |
| 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 | 2025-02-20T08:10:35-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-06-30 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $149,513
- Liabilities
- $265,412
- Net assets
- -$115,899
- Revenue
- $9,608
- Expenses
- $11,468
- Net income
- -$1,860