Civic Intelligence

Sunny Side Development Ltd.

EIN 82-5451776 • 501(c)3 • Madison, WI

Pub. 78 Eligible

Profile

To provide affordable, sustainable housing to low-income households in Wisconsin.

1231 E Dayton StreetMadison, WI 53703

www.sunnysidedevelopment.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

90th percentile

51%

Higher net margin than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

99th percentile

$70,000

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 39.3% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

98th percentile

516%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

100th percentile

107873%

Faster revenue growth than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$97,806

Up $81,924 (+516%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$97,806

Up $207,380 (+189%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin90th percentile

Revenue

Up

$178,156

Up $177,991 (+107873%) from 2023

Expenses

Up

$88,088

Up $77,187 (+708%) from 2023

Net Income

Up

$90,068

Up $100,804 (+939%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth98th percentile

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

$200K$100K$0-$100K-$200KAssets 2018: $0Liabilities 2018: $18,366Net Assets 2018: -$18,3662018Assets 2019: $0Liabilities 2019: $21,989Net Assets 2019: -$21,9892019Assets 2020: $0Liabilities 2020: $22,369Net Assets 2020: -$22,3692020Assets 2021: $25,966Liabilities 2021: $24,841Net Assets 2021: $1,1252021Assets 2022: $26,618Liabilities 2022: $24,841Net Assets 2022: $1,7772022Assets 2023: $15,882Liabilities 2023: $125,456Net Assets 2023: -$109,5742023Assets 2024: $97,806Net Assets 2024: $97,8062024

Highlighted filing

2024

Assets$97,806
Liabilities-
Net Assets$97,806
Open 2024 Filing

Operations Trend

Revenue Growth100th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2018: $0Expenses 2018: $18,366Net Income 2018: -$18,3662018Revenue 2019: $0Expenses 2019: $3,623Net Income 2019: -$3,6232019Revenue 2020: $0Expenses 2020: $380Net Income 2020: -$3802020Revenue 2021: $26,042Expenses 2021: $2,548Net Income 2021: $23,4942021Revenue 2022: $25,018Expenses 2022: $24,366Net Income 2022: $6522022Revenue 2023: $165Expenses 2023: $10,901Net Income 2023: -$10,7362023Revenue 2024: $178,156Expenses 2024: $88,088Net Income 2024: $90,0682024

Highlighted filing

2024

Revenue$178,156
Expenses$88,088
Net Income$90,068
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$97,806
Liabilities
-
Net assets
$97,806
Revenue
$178,156
Expenses
$88,088
Net income
$90,068
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.98$0.98$1.78$0.88$0.90
2023Detailed filing. Detailed filing data is available for this year.$0.16$1.25$1.10$0.00$0.11$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.27$0.25$0.02$0.25$0.24$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.26$0.25$0.01$0.26$0.03$0.23
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.22$0.22$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.22$0.22$0.00$0.04$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.18$0.18$0.00$0.18$0.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$178,156
Mission and Program Overview

Mission

To provide affordable, sustainable housing to low-income households in Wisconsin.

Program Services

DescriptionGrantsExpenses
In 2024, Sunny Side Development made significant progress on its existing developments. Greenspire, the 92-unit public housing project in Stoughton, began construction in July and had completed all units and roughly half of common area improvements by 12/31/2024. Next for Greenspire is a 740kW solar array (all roofs and 4 carports) and outdoor landscaping. The project is on schedule to be fully completed by mid-2025. Edgerton Retirement Apartments made similar progress in 2024, with approximately 70% of construction finished by 12/31/2024. Finally, Zapata Cooperative finished all construction in 2024. The number of units for each project is 92, 24, and 12, respectively.-$76,974
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul SchechterExecutive DirectorFT$70,000-$70,000
Nathan NoordhoekPresident-$0--
Samantha HockSecretary-$0--
Norman BairTreasurer-$0--
Helen PanTreasurer-$0--
Abby DavidsonDirectorPT$0--
Elizabeth SchneeDirector-$0--
Susan Van AlstineDirector-$0--
Matthew RaymondDirector-$0--
Filing and Contact Details

Filer

Filer Name
Sunny Side Development Ltd
EIN
82-5451776
Phone
6082398500
Address
1231 E Dayton Street, Madison, WI 53703

Signing Officer

Name
Paul Schechter
Title
Executive Director
Signed
2025-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Numbers 4 Nonprofits
Address
1273 Scenic Ridge Dr, Verona, WI 53593
Preparer
Nicholas A Curran CPA
Phone
6088072321
Supplemental Narrative

Additional Explanations

Other Revenue.1

“MISCELLANEOUS $200”

Other Expenses.1002

“Office Expenses $868”

Other Expenses.1007

“Conferences, Conventions, and Meetings $806”

Other Expenses.1008

“Interest $3458”

Other Expenses.1

“MEALS $198”

Other Assets.1011

“Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $9569”

Other Assets.1

“- Beginning $0 - Ending $360”

Total Liabilities.1006

“Payable to Officers, Directors, Etc. - Beginning $25456 Payable to Officers, Directors, Etc. - Ending $0”

Total Liabilities.1008

“Unsecured Notes and Loans Payable - Beginning $100000 Unsecured Notes and Loans Payable - Ending $0”

Raw XML Appendix199 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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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Paul Schechter
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ReturnHeader/Filer/EIN0825451776
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