Providence State Street Housing

EIN 27-4892707 • 501(c)3 • Rochester, NY

Profile

Develop 45 rental units for Providence Housing Development Corporation for low income individuals in the City of Rochester.

1150 Buffalo RoadRochester, NY 14624

n/A

Siviq Scores

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

0.76x

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

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

9.41x

Higher debt load relative to revenue than 98% of similar nonprofits.

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

45%

Higher net margin than 88% of similar nonprofits.

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

No value available

No filing with officer rows is available for this organization yet.

1.3%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

0.1%

Faster revenue growth than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Balance Sheet

Liabilities / Assets90th percentile

Assets

$2,997,863

Up $37,221 (+1.3%) from 2023

Liabilities

Down

$2,288,040

Down $72,140 (-3.1%) from 2023

Net Assets

$709,823

Up $109,361 (+18%) from 2023

Operations

Liabilities / Revenue98th percentile Net Margin88th percentile

Revenue

$243,190

Up $464 (+0.2%) from 2023

Expenses

Down

$133,829

Down $4,021 (-2.9%) from 2023

Net Income

$109,361

Up $4,485 (+4.3%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth42nd percentile

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

Highlighted filing

2024

Assets$2,997,863

Liabilities$2,288,040

Net Assets$709,823

Open 2024 Filing

Operations Trend

Revenue Growth35th percentile

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

Highlighted filing

2024

Revenue$243,190

Expenses$133,829

Net Income$109,361

Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $2,997,863
Liabilities: $2,288,040
Net assets: $709,823
Revenue: $243,190
Expenses: $133,829
Net income: $109,361

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.	$3.00	$2.29	$0.71	$0.24	$0.13	$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.96	$2.36	$0.60	$0.24	$0.14	$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.92	$2.43	$0.50	$0.24	$0.14	$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.95	$2.49	$0.46	$0.24	$0.15	$0.10
2020Detailed filing. Detailed filing data is available for this year.	$2.96	$2.55	$0.41	$0.24	$0.15	$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.99	$2.61	$0.38	$0.24	$0.15	$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.96	$2.66	$0.30	$0.24	$0.15	$0.09
2017Detailed filing. Detailed filing data is available for this year.	$3.14	$2.72	$0.42	$0.24	$0.16	$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.10	$2.76	$0.34	$0.24	$0.16	$0.08
2015Detailed filing. Detailed filing data is available for this year.	$3.06	$2.81	$0.25	$0.24	$0.16	$0.08
2014Detailed filing. Detailed filing data is available for this year.	$3.03	$2.85	$0.17	$0.24	$0.17	$0.08

Latest Filing Detail

Jump To

Filing Snapshot

Filing Period: Jan 1, 2024 to Dec 31, 2024
Signed: May 2, 2025
Return Version: 2024v5.1
Gross Receipts: $243,190

Mission and Program Overview

Mission

Develop 45 rental units for Providence Housing Development Corporation for low income individuals in the City of Rochester.

Develop a housing project for low income persons for Providence Housing Development Corporation.

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Other Notes and Loans Receivable, Net	$2,887,111	$2,887,111	→ $0
Accounts Receivable	$73,531	$110,752	▲ $37,221
Total Assets	$2,960,642	$2,997,863	▲ $37,221
Liabilities
Mortgage Notes Payable Secured by Investment Property	$2,360,180	$2,288,040	▼ $72,140
Total Liabilities	$2,360,180	$2,288,040	▼ $72,140
Net Assets / Fund Balance
Net Assets Without Donor Restrictions	$600,462	$709,823	▲ $109,361
Total Net Assets Fund Balance	$600,462	$709,823	▲ $109,361
Total Liabilities and Net Assets / Fund Balance	$2,960,642	$2,997,863	▲ $37,221

Compensation and Service Providers

Top Officer PayScore unavailable

Employees

Name	Title	Other	Total
Mark Greisberger	President	$68,690	$68,690

Board Members and Trustees

Name	Title
Lindsay Gozzi-Theobald	Vice President
David VanBlarcom	Co-Treasurer
Helen Bianchi	Secretary
Dan Sturgis	Treasurer

Revenue and Support

Revenue Composition

Contributions and Grants: $205,968
Program Service Revenue: $0
Investment Income: $37,222
Other Revenue: $0
Change in Net Assets: $109,361

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$133,829
Grants and Similar Amounts Paid	$0
Professional Fundraising Fees	$0
Salaries, Compensation, and Employee Benefits	$0
Total Fundraising Expense	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Interest	$133,829	-	-	$133,829
Total Functional Expenses	$133,829	$0	$0	$133,829

Fundraising, Events, and Gaming

Fundraising activities: No
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
Professional Fundraising Fees	$0

Political and Lobbying Activity

Political campaign activity: No
Lobbying activity: No
Subject to proxy tax: No

Related Organizations and Partnerships

Related Tax-Exempt Organizations

Organization	Location	Activity	Code	Public Charity	Controlled
Providence Biltmore Crossing Housing Development Fund Company	Rochester, NY	Housing Development	501(c)(3)	Line 12a, I	No
Providence Brookside Housing Development Fund Company Inc	Rochester, NY	Housing Development	501(c)(3)	Line 12a, I	No
Providence Dana Lyon Housing Development Fund Company Inc	Rochester, NY	Housing Development	501(c)(3)	Line 12a, I	No
Providence Durand Housing Development Fund Company	Rochester, NY	Housing Development	501(c)(3)	Line 12a, I	No
Providence Eastgate Development Company Inc	Rochester, NY	Housing Development	501(c)(3)	Line 12a, I	No
Providence Framark Housing Development Fund Company Inc	Rochester, NY	Housing Development	501(c)(3)	Line 12a, I	No
Providence Hillside Housing Development Fund Company Inc	Rochester, NY	Housing Development	501(c)(3)	Line 12a, I	No
Providence Holy Rosary Housing Development Fund Company Inc	Rochester, NY	Housing Development	501(c)(3)	Line 12a, I	No
Providence Housing Development Corporation	Rochester, NY	Housing Development	501(c)(3)	Line 10	No
Providence LaFrance Housing Development Fund Company Inc	Rochester, NY	Housing Development	501(c)(3)	Line 12a, I	No
Providence Lansing Housing Development Fund Company Inc	Rochester, NY	Housing Development	501(c)(3)	Line 12a, I	No
Providence Medina Housing Development Fund Company Inc	Rochester, NY	Housing Development	501(c)(3)	Line 12a, I	No
Providence St Leo Housing Development Fund Company Inc	Rochester, NY	Housing Development	501(c)(3)	Line 12a, I	No
Providence St Salome Housing Development Fund Company Inc	Rochester, NY	Housing Development	501(c)(3)	Line 12a, I	No
Providence Union Meadows II Housing Development Fund Co Inc	Rochester, NY	Housing Development	501(c)(3)	Line 12a, I	No
Providence Vienna Housing Development Fund Company Inc	Rochester, NY	Housing Development	501(c)(3)	Line 12a, I	No
Providence Village Housing Development Fund Company Inc	Rochester, NY	Housing Development	501(c)(3)	Line 12a, I	No
Providence WNY Housing Development Fund Company	Rochester, NY	Housing Development	501(c)(3)	Line 12a, I	No

Related Partnerships and Joint Ventures

Organization	Location	Activity	Income	Assets	Ownership	Managing Partner
Castle Street Associates LP	Rochester, NY	Affordable Housing	-	-	-	No
Churchville Housing Group LP	Rochester, NY	Affordable Housing	-	-	-	No
Eastgate Apartments LP	Rochester, NY	Affordable Housing	-	-	-	No
Mount Morris Elderly Housing Partnership LP	Rochester, NY	Affordable Housing	-	-	-	No
Providence Culver Housing LLC	Rochester, NY	Affordable Housing	-	-	-	No
Shortsville Apartments Partnership LP	Rochester, NY	Affordable Housing	-	-	-	No
St Salome Housing LP	Rochester, NY	Affordable Housing	-	-	-	No
Trumansburg Apartments Partnership LP	Rochester, NY	Affordable Housing	-	-	-	No

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: No
Annual disclosure for covered persons: Yes
Audit committee: 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: Yes
Audited financial statements prepared: Yes
Key decisions subject to board approval: No
Management duties delegated: Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

“The Organization is managed by Providence Housing Development Corporation, the supported organization.”

Form 990, Part VI, Section A, line 6

“Providence Housing Development Corporation is the sole member of the Organization.”

Form 990, Part VI, Section A, line 7A

“Providence Housing Development Corporation has the right to appoint members of the Organization's Board of Directors.”

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

“There are no other committees besides the full board.”

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

“The draft 990 report was sent electronically to all board members. Responses were received and evaluated if there were questions prior to filing the report.”

Form 990, Part VI, Section B, line 12C

“Employee compliance with the conflict of interest policy is reviewed annually with all employees of the parent corporation at a general meeting. Each employee signs a form to reaffirm his/her understanding of the policy. Board members are asked to acknowledge their compliance annually with forms returned to the Secretary of the Board rather than management.”

Form 990, Part VI, Section B, line 15

“Providence State Street Housing Development Company, Inc. does not have any direct compensation expense since all employees are officially employed by the parent company, Providence Housing Development Corporation. The wages and benefits of all top management employees are determined by the board of the parent company, Providence Housing Development Corporation. The process includes independent review, comparability data, and deliberation by the board.”

Form 990, Part VI, Section C, line 19

“All documents will be made available for public inspection based on the requirements of applicable law.”

Filing and Contact Details

Filer

Filer Name: Providence State Street Housing
EIN: 27-4892707
Phone: 5855299555
Address: 1150 Buffalo Road, Rochester, NY 14624

Signing Officer

Name: Dan Sturgis
Title: Treasurer
Phone: 5855299555
Signed: 2025-05-02
Discuss with paid preparer: Yes

Organization Details

Principal Officer: Dan Sturgis
Formed: 2011
Legal Domicile: Ny
Voting Board Members: 5
Independent Board Members: 2
Employees: 0
Volunteers: 5

Preparer

Firm: Heveron & Company CPAs PLLC
Address: 260 Plymouth Avenue South, Rochester, NY 14608
Preparer: Daniel O'Dea
Phone: 5852322956

Raw XML AppendixShowing 400 of 919 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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IRS990ScheduleA/SupportingOrgType1Ind	0	X
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990/ScheduleBRequiredInd	0	1
IRS990ScheduleJ/AnyNonFixedPaymentsInd	0	0
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd	0	0
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd	0	0
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd	0	0
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd	0	0
IRS990ScheduleJ/EquityBasedCompArrngmInd	0	0
IRS990ScheduleJ/InitialContractExceptionInd	0	0
IRS990/ScheduleJRequiredInd	0	1
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt	1	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt	0	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt	1	0
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	0	Dan Sturgis
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm	1	Helen Bianchi
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	0	Treasurer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt	1	Secretary
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IRS990ScheduleJ/SeverancePaymentInd	0	0
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt	0	Providence State Street Housing Development Company, Inc. does not have any direct compensation expense since all employees are officially employed by the parent company, Providence Housing Development Corporation. The wages and benefits of all top management employees are determined by the board of the parent company, Providence Housing Development Corporation. The process includes independent review, comparability data, and deliberation by the board.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Part I, Line 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd	0	0
IRS990/ScheduleORequiredInd	0	1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	The Organization is managed by Providence Housing Development Corporation, the supported organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Providence Housing Development Corporation is the sole member of the Organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Providence Housing Development Corporation has the right to appoint members of the Organization's Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	There are no other committees besides the full board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	The draft 990 report was sent electronically to all board members. Responses were received and evaluated if there were questions prior to filing the report.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	Employee compliance with the conflict of interest policy is reviewed annually with all employees of the parent corporation at a general meeting. Each employee signs a form to reaffirm his/her understanding of the policy. Board members are asked to acknowledge their compliance annually with forms returned to the Secretary of the Board rather than management.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	6	Providence State Street Housing Development Company, Inc. does not have any direct compensation expense since all employees are officially employed by the parent company, Providence Housing Development Corporation. The wages and benefits of all top management employees are determined by the board of the parent company, Providence Housing Development Corporation. The process includes independent review, comparability data, and deliberation by the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	7	All documents will be made available for public inspection based on the requirements of applicable law.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	5	Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	6	Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	7	Form 990, Part VI, Section C, line 19
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IRS990ScheduleR/AssetSaleToOtherOrgInd	0	0
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt	0	Providence Housing Development Corporation
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd	11	NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd	12	NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd	13	NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd	14	NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd	15	NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd	16	NY
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd	19	NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt	0	General Partner in L.P. Transactions
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt	1	General Partner in L.P. Transactions
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt	2	General Partner in L.P. Transactions
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt	3	General Partner in L.P. Transactions
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt	4	General Partner in L.P. Transactions
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt	5	General Partner in L.P. Transactions

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