Civic Intelligence

Summerside Woods Inc.

990 • Fiscal year 2024 • EIN 26-1913033

Jan 01, 2024 to Dec 31, 2024 • Filed on Oct 23, 2025

2085-A James E Sauls Sr DriveBatavia, OH 45103

(513) 724-1255

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.01x

Higher debt load relative to assets than 33% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.13x

Higher debt load relative to revenue than 59% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

11th percentile

-28%

Higher net margin than 11% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

84th percentile

$157,113

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 52.9% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

28th percentile

-2.7%

Faster asset growth than 28% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

8.7%

Faster revenue growth than 51% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$3,674,682

Down $327,693 (-8.2%) from 2021

Net Assets

Down

$3,634,631

Down $295,182 (-7.5%) from 2021

Liabilities

Down

$40,051

Down $32,511 (-45%) from 2021

Revenue

Up

$297,136

Up $46,782 (+19%) from 2021

Expenses

Up

$380,025

Up $6,752 (+1.8%) from 2021

Net Income

Up

-$82,889

Up $40,030 (+33%) from 2021

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $5,150,377Liabilities 2011: $72,047Net Assets 2011: $5,078,3302011Assets 2012: $5,044,608Liabilities 2012: $69,444Net Assets 2012: $4,975,1642012Assets 2013: $4,938,693Liabilities 2013: $69,898Net Assets 2013: $4,868,7952013Assets 2014: $4,825,502Liabilities 2014: $59,817Net Assets 2014: $4,765,6852014Assets 2015: $4,709,981Liabilities 2015: $60,004Net Assets 2015: $4,649,9772015Assets 2017: $4,445,830Liabilities 2017: $54,289Net Assets 2017: $4,391,5412017Assets 2019: $4,225,030Liabilities 2019: $57,383Net Assets 2019: $4,167,6472019Assets 2020: $4,122,683Liabilities 2020: $69,951Net Assets 2020: $4,052,7322020Assets 2021: $4,002,375Liabilities 2021: $72,562Net Assets 2021: $3,929,8132021Assets 2024: $3,674,682Liabilities 2024: $40,051Net Assets 2024: $3,634,6312024

Highlighted filing

2024

Assets$3,674,682
Liabilities$40,051
Net Assets$3,634,631

Operations Trend

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

$400K$200K$0-$200KExpenses 2011: $331,3972011Expenses 2012: $325,1252012Revenue 2013: $226,470Expenses 2013: $332,843Net Income 2013: -$106,3732013Revenue 2014: $226,590Expenses 2014: $339,800Net Income 2014: -$113,2102014Revenue 2015: $226,996Expenses 2015: $342,700Net Income 2015: -$115,7042015Revenue 2017: $236,605Expenses 2017: $340,380Net Income 2017: -$103,7752017Revenue 2019: $245,576Expenses 2019: $352,465Net Income 2019: -$106,8892019Revenue 2020: $251,482Expenses 2020: $366,397Net Income 2020: -$114,9152020Revenue 2021: $250,354Expenses 2021: $373,273Net Income 2021: -$122,9192021Revenue 2024: $297,136Expenses 2024: $380,025Net Income 2024: -$82,8892024

Highlighted filing

2024

Revenue$297,136
Expenses$380,025
Net Income-$82,889
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 23, 2025
Return Version
2024v5.2
Gross Receipts
$297,136
Mission and Program Overview

Mission

To provide affordable housing to the elderly.

To provide affordable housing for the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,466,265$3,341,280▼ $124,985
Savings and Temporary Cash Investments$277,459$297,410▲ $19,951
Cash and Non-Interest-Bearing Accounts$6,975$7,311▲ $336
Prepaid Expenses and Deferred Charges$2,473$2,789▲ $316
Total Assets$3,775,617$3,674,682▼ $100,935
Other Assets Total$22,445$25,892▲ $3,447
Liabilities
Accounts Payable and Accrued Expenses$40,587$20,673▼ $19,914
Other Liabilities$17,510$19,378▲ $1,868
Total Liabilities$58,097$40,051▼ $18,046
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,224,778$5,224,778→ $0
Net Assets Without Donor Restrictions$-1,507,258$-1,590,147▼ $82,889
Total Net Assets Fund Balance$3,717,520$3,634,631▼ $82,889
Total Liabilities and Net Assets / Fund Balance$3,775,617$3,674,682▼ $100,935

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,125,607$1,873,783$4,999,390
Land$175,000-$175,000
Other Land Buildings$40,673$24,383$65,056
Compensation and Service Providers

Employees

NameTitleOtherTotal
Angel BurtonChief Financial Officer$135,704$135,704

Board Members and Trustees

NameTitle
Tim RuddPresident
Billie KuntzTrustee
George BrownTrustee
Greg TraynorTrustee
Linda BrooksTrustee
Marilyn HodgesTrustee
Sandy GrahamTrustee
William DeHassChief Executive Officer
Donna CannTreasurer/Secretary
Tina SanbornVP
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$271,508
Investment Income
$0
Other Revenue
$25,628
Change in Net Assets
$-82,889

Audited Revenue Reconciliation

Revenue per Audited Statements
$297,136
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$297,136
Total Revenue per Form 990
$297,136
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$316,121
Salaries, Compensation, and Employee Benefits$63,904
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$124,985--$124,985
Other Salaries and Wages$26,100$29,790-$55,890
Occupancy$54,192--$54,192
Fees for Services Other$27,035$4,862-$31,897
Fees for Services Management-$29,948-$29,948
Office Expenses$11,595$14,070-$25,665
Fees for Services Legal-$23,170-$23,170
Fees for Services Accounting-$10,600-$10,600
Insurance$9,339--$9,339
Payroll Taxes$5,119--$5,119
Other Employee Benefits$2,895--$2,895
Advertising-$473-$473
Other Expenses$3,777$412-$412
Total Functional Expenses$265,037$114,988$0$380,025

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$380,025
Total Expenses per Audited Statements$380,025
Total Expenses per Form 990$380,025
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$19,378
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 8B

The governing body does not divide into smaller committees.

Form 990, Part VI, Section B, line 11B

The tax return is prepared and given to the governing body and management for review. Once they have reviewed the return it is filed.

Form 990, Part VI, Section C, line 19

Information is available upon request.

Filing and Contact Details

Filer

Filer Name
Summerside Woods Inc
EIN
26-1913033
Phone
5137241255
Address
2085-A James E Sauls Sr Drive, Batavia, OH 45103

Signing Officer

Name
William DeHass
Title
Chief Executive Officer
Phone
5137241255
Signed
2025-10-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William DeHass
Formed
2010
Legal Domicile
Oh
Voting Board Members
9
Independent Board Members
9
Employees
16
Volunteers
9

Preparer

Firm
Barnes Dennig & Co LTD
Address
150 East Fourth Street, Cincinnati, OH 45202
Preparer
Paula Hume
Phone
5132418313
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

The Organization is exempt from income tax under Section 501(c)(3) of the Internal Revenue Code and a similar provision of state law. However, the Organization is subject to federal income tax on any unrelated business taxable income. The Organization's IRS Form 990 is subject to review and examination by federal and status authorities. The Organization believes it has appropriate support for any tax positions taken, and therefore, does not have any uncertain income tax positions that are material to the financial statements.

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt119293
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt029
IRS990/PYOtherExpensesAmt0340893
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0273305
IRS990/PYRevenuesLessExpensesAmt0-121387
IRS990/PYSalariesCompEmpBnftPaidAmt053828
IRS990/PYTotalExpensesAmt0394721
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0273334
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-82889
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0271508
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0277459
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0297410
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Miscellaneous - 2020 Amount: $ 5,183. 2021 Amount: $ 552. 2022 Amount: $ 50,179. 2024 Amount: $ 25,628.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part III, Line 12, Explanation of Other Income:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt05000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt029
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt026
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt049
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt050
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0154
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0271508
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0273305
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0267701
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0249753
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0241249
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01303516
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt029
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt026
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt049
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt050
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0154
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt025628
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt050179
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0552
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt05183
IRS990ScheduleA/OtherIncome509Grp/TotalAmt081542
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94120
IRS990ScheduleA/PublicSupportPY509Pct00.95510
IRS990ScheduleA/PublicSupportTotal509Amt01308516
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0271508
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0273305
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0267701
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0249753
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0246249
IRS990ScheduleA/Total509Grp/TotalAmt01308516
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0297136
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0273334
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0317906
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0250354
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0251482
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01390212
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03125607
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01873783
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04999390
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0380025
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0175000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0175000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt040673
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt024383
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt065056
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019378
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security Deposits
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0297136
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from income tax under Section 501(c)(3) of the Internal Revenue Code and a similar provision of state law. However, the Organization is subject to federal income tax on any unrelated business taxable income. The Organization's IRS Form 990 is subject to review and examination by federal and status authorities. The Organization believes it has appropriate support for any tax positions taken, and therefore, does not have any uncertain income tax positions that are material to the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03341280
IRS990ScheduleD/TotalExpensesPerForm990Amt0380025
IRS990ScheduleD/TotalLiabilityAmt019378
IRS990ScheduleD/TotalRevenuePerForm990Amt0297136
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0297136
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0380025
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0148596
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt07961
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt0556
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0William DeHass
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Chief Executive Officer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0157113
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The governing body does not divide into smaller committees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The tax return is prepared and given to the governing body and management for review. Once they have reviewed the return it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information is available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00

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