Civic Intelligence

Voa Lancaster Manor Inc

990 • Fiscal year 2024 • EIN 20-2902444

Jul 01, 2023 to Jun 30, 2024 • Filed on Sep 05, 2024

1660 Duke StreetAlexandria, VA 22314

(703) 341-5000

Siviq Scores

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

Liabilities / Assets

100th percentile

99.65x

Higher debt load relative to assets than 100% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

52nd percentile

0.02x

Higher debt load relative to revenue than 52% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

99th percentile

$505,657

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 73.5% of source-year revenue.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

100th percentile

1797%

Faster revenue growth than 100% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$138

Down $1,536,716 (-100%) from 2023

Net Assets

Down

-$13,614

Down $1,537,641 (-101%) from 2023

Liabilities

Up

$13,752

Up $925 (+7.2%) from 2023

Revenue

Up

$688,276

Up $651,993 (+1797%) from 2023

Expenses

Up

$933

Up $33 (+3.7%) from 2023

Net Income

Up

$687,343

Up $651,960 (+1843%) from 2023

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2011: $1,100,963Liabilities 2011: $2,675Net Assets 2011: $1,098,2882011Assets 2012: $1,137,342Liabilities 2012: $3,400Net Assets 2012: $1,133,9422012Assets 2013: $1,173,622Liabilities 2013: $4,150Net Assets 2013: $1,169,4722013Assets 2014: $1,209,933Liabilities 2014: $4,925Net Assets 2014: $1,205,0082014Assets 2015: $1,246,215Liabilities 2015: $5,725Net Assets 2015: $1,240,4902015Assets 2016: $1,282,771Liabilities 2016: $6,722Net Assets 2016: $1,276,0492016Assets 2017: $1,319,059Liabilities 2017: $7,547Net Assets 2017: $1,311,5122017Assets 2018: $1,355,344Liabilities 2018: $8,397Net Assets 2018: $1,346,9472018Assets 2019: $1,391,645Liabilities 2019: $9,272Net Assets 2019: $1,382,3732019Assets 2020: $1,428,008Liabilities 2020: $10,147Net Assets 2020: $1,417,8612020Assets 2021: $1,464,291Liabilities 2021: $11,032Net Assets 2021: $1,453,2592021Assets 2022: $1,500,571Liabilities 2022: $11,927Net Assets 2022: $1,488,6442022Assets 2023: $1,536,854Liabilities 2023: $12,827Net Assets 2023: $1,524,0272023Assets 2024: $138Liabilities 2024: $13,752Net Assets 2024: -$13,6142024Assets 2025: $146Liabilities 2025: $13,760Net Assets 2025: -$13,6142025

Highlighted filing

2024

Assets$138
Liabilities$13,752
Net Assets-$13,614

Operations Trend

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

$800K$600K$400K$200K$0Expenses 2011: $6102011Expenses 2012: $7362012Expenses 2013: $7602013Revenue 2014: $36,311Expenses 2014: $775Net Income 2014: $35,5362014Revenue 2015: $36,290Expenses 2015: $808Net Income 2015: $35,4822015Revenue 2016: $36,389Expenses 2016: $830Net Income 2016: $35,5592016Revenue 2017: $36,290Expenses 2017: $827Net Income 2017: $35,4632017Revenue 2018: $36,290Expenses 2018: $855Net Income 2018: $35,4352018Revenue 2019: $36,308Expenses 2019: $882Net Income 2019: $35,4262019Revenue 2020: $36,371Expenses 2020: $883Net Income 2020: $35,4882020Revenue 2021: $36,283Expenses 2021: $885Net Income 2021: $35,3982021Revenue 2022: $36,280Expenses 2022: $895Net Income 2022: $35,3852022Revenue 2023: $36,283Expenses 2023: $900Net Income 2023: $35,3832023Revenue 2024: $688,276Expenses 2024: $933Net Income 2024: $687,3432024Revenue 2025: $0Expenses 2025: $0Net Income 2025: $02025

Highlighted filing

2024

Revenue$688,276
Expenses$933
Net Income$687,343
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Sep 5, 2024
Return Version
2023v5.0
Gross Receipts
$688,276
Mission and Program Overview

Mission

To own, develop, and manage housing for low and moderate income individuals and families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$-1--
Other Assets Total$1,536,855$138▼ $1,536,717
Total Assets$1,536,854$138▼ $1,536,716
Liabilities
Other Liabilities$12,827$13,752▲ $925
Total Liabilities$12,827$13,752▲ $925
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,524,027$-13,614▼ $1,537,641
Total Net Assets Fund Balance$1,524,027$-13,614▼ $1,537,641
Total Liabilities and Net Assets / Fund Balance$1,536,854$138▼ $1,536,716

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$138--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Joseph BudzynskiAsst. Sec/tr$449,025$449,025
Peter DesjardinsAsst. Sec/tr$298,349$298,349

Board Members and Trustees

NameTitle
Kimberly KingPresident
Peter DesjardinsAsst. Sec/treas
Joseph BudzynskiAsst. Sec/treas.
Russell SnyderVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$1,989
Other Revenue
$686,287
Change in Net Assets
$687,343
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$933
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$925-$925
Other Expenses$8--$8
Total Functional Expenses$8$925$0$933
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
Due to Voans$13,752
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 1A

The organizations governing body delegated broad authority to an executive committee. The executive committee is composed of the following five officers of the organization: chair, president, vice chair, secretary, and treasurer. There are no executive committee members who are not on the governing body. The executive committee has the authority of the governing body in the management of the business of the organization.

Form 990, Page 6, Part VI, Line 2

Kimberly king president dir and/or officer of voa joseph budzynski asst. Sec./a dir and/or officer of voa peter desjardins asst. Sec./a dir and/or officer of voa

Form 990, Page 6, Part VI, Line 3

The organization has no employees, and has delegated control over certain property management duties to vista capital management group, inc. Pursuant to a property management agreement. Volunteers of america national services, as the parent and sponsoring corporation, assists in providing to its subordinate corporations general and administrative supervision, financial management, quality assurance, regulatory compliance, real estate development and strategic planning.

Form 990, Page 6, Part VI, Line 7A

Volunteers of america, inc. Has the right to appoint or approve directors and volunteers of america, inc. Has, in turn, transferred this authority to volunteers of america national services.

Form 990, Page 6, Part VI, Line 7B

The articles of incorporation and bylaws of the corporation may not be amended without the prior written approval of the secretary of the u.s. Department of housing and urban development. Directors may be removed with or without cause at the request of the u.s. Department of housing and urban development. The bylaws may not be amended without the prior written consent of volunteers of america, inc.

Form 990, Page 6, Part VI, Line 11B

The final form 990 is reviewed by asset management and an officer of the board of directors prior to filing with the irs. All members of the organizations board of directors and all officers of the board are also provided an opportunity to review the form 990 in electronic form immediately prior to filing.

Form 990, Page 6, Part VI, Line 12C

The policy requires officers, directors and key employees to disclose annually interests that could give rise to conflicts. The policy and disclosure form are distributed and collected annually, and individuals are required to update the disclosure form throughout the year in the event actual or potential conflicts arise. Conflicts of interest are reviewed by the board of directors. Persons with a conflict are prohibited from participating in the governing body's deliberations and decisions in the transaction.

Form 990, Page 6, Part VI, Line 19

Available at the address below: 1660 duke street alexandria, va 22314

Filing and Contact Details

Filer

Filer Name
Voa Lancaster Manor Inc
EIN
20-2902444
Phone
7033415000
Address
1660 DUKE STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Peter Desjardins
Title
Asst. Sec/treas
Phone
7033415000
Signed
2024-09-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Desjardins
Formed
2005
Legal Domicile
Sc
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Maddox & Associates Apc
Address
5627 BANKERS AVE BLDG 2, BATON ROUGE, LA 70808-2610
Preparer
David V Berg Jr
Phone
2259263360
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Investment distribution -2,224,984

Raw XML AppendixShowing 400 of 2,360 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATIONS GOVERNING BODY DELEGATED BROAD AUTHORITY TO AN EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS COMPOSED OF THE FOLLOWING FIVE OFFICERS OF THE ORGANIZATION: CHAIR, PRESIDENT, VICE CHAIR, SECRETARY, AND TREASURER. THERE ARE NO EXECUTIVE COMMITTEE MEMBERS WHO ARE NOT ON THE GOVERNING BODY. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY OF THE GOVERNING BODY IN THE MANAGEMENT OF THE BUSINESS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1KIMBERLY KING PRESIDENT DIR AND/OR OFFICER OF VOA JOSEPH BUDZYNSKI ASST. SEC./A DIR AND/OR OFFICER OF VOA PETER DESJARDINS ASST. SEC./A DIR AND/OR OFFICER OF VOA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS NO EMPLOYEES, AND HAS DELEGATED CONTROL OVER CERTAIN PROPERTY MANAGEMENT DUTIES TO VISTA CAPITAL MANAGEMENT GROUP, INC. PURSUANT TO A PROPERTY MANAGEMENT AGREEMENT. VOLUNTEERS OF AMERICA NATIONAL SERVICES, AS THE PARENT AND SPONSORING CORPORATION, ASSISTS IN PROVIDING TO ITS SUBORDINATE CORPORATIONS GENERAL AND ADMINISTRATIVE SUPERVISION, FINANCIAL MANAGEMENT, QUALITY ASSURANCE, REGULATORY COMPLIANCE, REAL ESTATE DEVELOPMENT AND STRATEGIC PLANNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3VOLUNTEERS OF AMERICA, INC. HAS THE RIGHT TO APPOINT OR APPROVE DIRECTORS AND VOLUNTEERS OF AMERICA, INC. HAS, IN TURN, TRANSFERRED THIS AUTHORITY TO VOLUNTEERS OF AMERICA NATIONAL SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ARTICLES OF INCORPORATION AND BYLAWS OF THE CORPORATION MAY NOT BE AMENDED WITHOUT THE PRIOR WRITTEN APPROVAL OF THE SECRETARY OF THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. DIRECTORS MAY BE REMOVED WITH OR WITHOUT CAUSE AT THE REQUEST OF THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. THE BYLAWS MAY NOT BE AMENDED WITHOUT THE PRIOR WRITTEN CONSENT OF VOLUNTEERS OF AMERICA, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FINAL FORM 990 IS REVIEWED BY ASSET MANAGEMENT AND AN OFFICER OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. ALL MEMBERS OF THE ORGANIZATIONS BOARD OF DIRECTORS AND ALL OFFICERS OF THE BOARD ARE ALSO PROVIDED AN OPPORTUNITY TO REVIEW THE FORM 990 IN ELECTRONIC FORM IMMEDIATELY PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE POLICY REQUIRES OFFICERS, DIRECTORS AND KEY EMPLOYEES TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THE POLICY AND DISCLOSURE FORM ARE DISTRIBUTED AND COLLECTED ANNUALLY, AND INDIVIDUALS ARE REQUIRED TO UPDATE THE DISCLOSURE FORM THROUGHOUT THE YEAR IN THE EVENT ACTUAL OR POTENTIAL CONFLICTS ARISE. CONFLICTS OF INTEREST ARE REVIEWED BY THE BOARD OF DIRECTORS. PERSONS WITH A CONFLICT ARE PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7AVAILABLE AT THE ADDRESS BELOW: 1660 DUKE STREET ALEXANDRIA, VA 22314
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8INVESTMENT DISTRIBUTION -2,224,984
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 1A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
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IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt2CORONADO VOANS LLC
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IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd3DE
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IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd8NY
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd9MN
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd10MD
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd11MN
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd12DE
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IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd3VA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd4VA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd5VA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd6VA
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IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd8VA
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IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd10VA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd11VA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd12VA
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IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd022314
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd122314
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd222314
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd322314
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd422314
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.01$0.01$0.00$0.00$0.00
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.01$0.01$0.69$0.00$0.69
2023Detailed filing. Detailed filing data is available for this year.$1.54$0.01$1.52$0.04$0.00$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.50$0.01$1.49$0.04$0.00$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.46$0.01$1.45$0.04$0.00$0.04
2020Detailed filing. Detailed filing data is available for this year.$1.43$0.01$1.42$0.04$0.00$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.39$0.01$1.38$0.04$0.00$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.36$0.01$1.35$0.04$0.00$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.32$0.01$1.31$0.04$0.00$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.28$0.01$1.28$0.04$0.00$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.25$0.01$1.24$0.04$0.00$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.04$0.00$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.00$1.17$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.00$1.13$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.00$1.10$0.00