South Wedge Planning Committee
- Assets
- $83.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 5
- Location
- Rochester, NY
- Founding
- 10/1983
- Data as of
- 06/2022
- EIN
- 16-1190886
Organization Overview
South Wedge Planning Committee is located in Rochester, NY. The organization was established in 1983. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, South Wedge Planning Committee employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Wedge Planning Committee is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, South Wedge Planning Committee generated $111.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $113.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (15.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS COMMITTED TO HELPING BUILD A COMMUNITY IN THE SOUTH WEDGE WHILE ENCOURAGING A FULL RANGE OF HOUSING AND BUSINESS OPPORTUNITIES AND PROMOTING A DIVERSE, HISTORICALLY SIGNIFICANT, AND COMMERCIALLY VIABLE URBAN VILLAGE.
Describe the Organization's Program Activity:
SWPC ASSISTED 35 INCOME QUALIFIED HOMEOWNERS WITH APPROXIMATELY $115,000 IN HOME REPAIRS. WE ARE A NYS & LOCAL CHDO, AND COMPLETED 2 GUT-REHABILITATIONS, MARKETING COMPLETED HOMES TO 1ST TIME INCOME-QUALIFIED HOMEOWNERS. WE REFERRED 15 PEOPLE TO OTHER AGENCIES FOR ASSISTANCE, INCLUDING FORECLOSURE PREVENTION, ELDER CARE AND ADAPTIVE HOME MODIFICATIONS. APPROXIMATELY 15 INDIVIDUALS AND SMALL BUSINESSES RECEIVED BUSINESS PLANNING ASSISTANCE THROUGH OUR PARTNERSHIP WITH THE SMALL BUSINESS DEVELOPMENT CENTER AT SUNY GENESEO AND ONE-ON-ONE SESSIONS WITH OUR EXECUTIVE DIRECTOR.
"THE WEDGE" NEWSPAPER IS A NON-PROFIT NEWSPAPER THAT IS PUBLISHED BI-MONTHLY WITH A CIRCULATION OF 15,000. IT IS MAILED TO SOUTH WEDGE HOMES AND SUBSCRIBERS AND DISTRIBUTED TO AREA BUSINESSES AND RETAIL SHOPS. ITS MISSION IS TO PROVIDE ACCURATE COVERAGE OF NEIGHBORHOOD NEWS AS WELL AS LOCAL, STATE AND NATIONAL NEWS THAT AFFECT THE AREA.
THE SOUTH WEDGE FARMERS MARKET BRINGS TOGETHER SMALL PRODUCERS AND CONSUMERS. THE MARKET OFFERS A GROWING EBT/NAP MATCHING PROGRAM THAT ENABLES AND ENCOURAGES BENEFICIARIES TO PURCHASE THE HEALTHY, LOCALLY-GROWN FRUITS AND VEGETABLES THAT ARE OFFERED AT THE MARKET.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glynis Valenti Executive Dir. | 35 | $53,481 | |
Robert Marvin Director | 2 | $0 | |
Jeff Carlson Director | 0 | $0 | |
Anthony Sciarabba Treasurer | 2 | $0 | |
Craig Olivas Director | 0 | $0 | |
Kristina Wood Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,397 |
| Total Program Service Revenue | $5,002 |
| Membership dues | $0 |
| Investment income | $500 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,220 |
| Other Revenue | $0 |
| Total Revenue | $111,119 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $68,899 |
| Professional fees and other payments to independent contractors | $4,766 |
| Occupancy, rent, utilities, and maintenance | $6,034 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,141 |
| Total expenses | $113,840 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,817 |
| Other assets | $0 |
| Total assets | $83,608 |
| Total liabilities | $79,182 |
| Net assets or fund balances | $4,426 |