Civic Intelligence

Veterans Place of Washington Boulevard

EIN 25-1787030 • 501(c)3 • Pittsburgh, PA

Profile

To empower veterans' transition from homeless to home, ending the cycle of homelessness, and to assist all at-risk veterans to become engaged, valuable citizens who contribute to their communities.

945 Washington BlvdPittsburgh, PA 15206

www.veteransplaceusa.org

Siviq Scores

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

Liabilities / Assets

65th percentile

0.33x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

70th percentile

0.54x

Higher debt load relative to revenue than 70% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

91st percentile

57%

Higher net margin than 91% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

21st percentile

$92,273

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

96th percentile

89%

Faster asset growth than 96% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

142%

Faster revenue growth than 94% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$10,551,085

Up $4,974,324 (+89%) from 2023

Liabilities

Up

$3,517,830

Up $1,243,398 (+55%) from 2023

Net Assets

Up

$7,033,255

Up $3,730,926 (+113%) from 2023

Revenue

Up

$6,556,959

Up $3,843,559 (+142%) from 2023

Expenses

Up

$2,826,033

Up $246,106 (+9.5%) from 2023

Net Income

Up

$3,730,926

Up $3,597,453 (+2695%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2012: $2,886,678Liabilities 2012: $1,764,875Net Assets 2012: $1,121,8032012Assets 2013: $2,780,952Liabilities 2013: $1,704,672Net Assets 2013: $1,076,2802013Assets 2014: $2,719,110Liabilities 2014: $1,668,798Net Assets 2014: $1,050,3122014Assets 2015: $2,779,996Liabilities 2015: $1,600,872Net Assets 2015: $1,179,1242015Assets 2016: $2,781,430Liabilities 2016: $1,573,972Net Assets 2016: $1,207,4582016Assets 2017: $3,019,550Liabilities 2017: $1,613,699Net Assets 2017: $1,405,8512017Assets 2018: $3,878,983Liabilities 2018: $1,627,130Net Assets 2018: $2,251,8532018Assets 2019: $3,525,519Liabilities 2019: $1,265,863Net Assets 2019: $2,259,6562019Assets 2020: $3,484,282Liabilities 2020: $1,277,161Net Assets 2020: $2,207,1212020Assets 2021: $4,136,210Liabilities 2021: $1,541,159Net Assets 2021: $2,595,0512021Assets 2022: $4,494,614Liabilities 2022: $1,325,758Net Assets 2022: $3,168,8562022Assets 2023: $5,576,761Liabilities 2023: $2,274,432Net Assets 2023: $3,302,3292023Assets 2024: $10,551,085Liabilities 2024: $3,517,830Net Assets 2024: $7,033,2552024

Highlighted filing

2024

Assets$10,551,085
Liabilities$3,517,830
Net Assets$7,033,255

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $714,6402012Revenue 2013: $746,788Expenses 2013: $792,311Net Income 2013: -$45,5232013Revenue 2014: $858,259Expenses 2014: $887,322Net Income 2014: -$29,0632014Revenue 2015: $985,583Expenses 2015: $856,771Net Income 2015: $128,8122015Revenue 2016: $1,030,604Expenses 2016: $1,002,270Net Income 2016: $28,3342016Revenue 2017: $1,390,961Expenses 2017: $1,192,568Net Income 2017: $198,3932017Revenue 2018: $2,401,256Expenses 2018: $1,535,792Net Income 2018: $865,4642018Revenue 2019: $1,653,629Expenses 2019: $1,665,238Net Income 2019: -$11,6092019Revenue 2020: $2,128,993Expenses 2020: $1,881,528Net Income 2020: $247,4652020Revenue 2021: $3,094,398Expenses 2021: $2,398,687Net Income 2021: $695,7112021Revenue 2022: $3,477,366Expenses 2022: $2,903,561Net Income 2022: $573,8052022Revenue 2023: $2,713,400Expenses 2023: $2,579,927Net Income 2023: $133,4732023Revenue 2024: $6,556,959Expenses 2024: $2,826,033Net Income 2024: $3,730,9262024

Highlighted filing

2024

Revenue$6,556,959
Expenses$2,826,033
Net Income$3,730,926

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 3, 2025
Return Version
2024v5.2
Gross Receipts
$6,565,064
Mission and Program Overview

Mission

To provide housing assistance to veterans and operate a service center for veterans.

To make veterans lives better by connecting them with tools to become self-sufficient

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,943,784$7,569,439▲ $3,625,655
Pledges and Grants Receivable$58,405$1,335,760▲ $1,277,355
Cash and Non-Interest-Bearing Accounts$1,121,480$1,204,924▲ $83,444
Savings and Temporary Cash Investments$274,597$264,609▼ $9,988
Accounts Receivable$99,002$115,425▲ $16,423
Prepaid Expenses and Deferred Charges$40,497$35,923▼ $4,574
Total Assets$5,576,761$10,551,085▲ $4,974,324
Other Assets Total$38,996$25,005▼ $13,991
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,172,754$2,316,152▲ $1,143,398
Accounts Payable and Accrued Expenses$921,355$1,057,160▲ $135,805
Deferred Revenue$141,327$119,512▼ $21,815
Other Liabilities$38,996$25,006▼ $13,990
Total Liabilities$2,274,432$3,517,830▲ $1,243,398
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,228,122$5,539,525▲ $3,311,403
Net Assets With Donor Restrictions$1,074,207$1,493,730▲ $419,523
Total Net Assets Fund Balance$3,302,329$7,033,255▲ $3,730,926
Total Liabilities and Net Assets / Fund Balance$5,576,761$10,551,085▲ $4,974,324

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,253,936-$5,253,936
Buildings$2,247,248$2,097,392$4,344,640
Equipment$40,924$416,829$457,753
Land$27,331-$27,331
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Kevin KoroziExecutive Director$91,205$1,068$92,273

Board Members and Trustees

NameTitle
Mark WechslerPresident
John WilcoxVice President
Augustine FaucherBoard Member
Bradley HarrisonBoard Member
Deborah OlszewskiBoard Member
Dr Abraham John KabazieBoard Member
Dr I William GoldfarbBoard Member
Hank BeukemaBoard Member
James MoyerBoard Member
Kevin L JenkinsBoard Member
Marva BrownBoard Member
Mary Robb JacksonBoard Member
Robert AmericusBoard Member
Michael EannarinoDirector (emeritus)
Daniel OstrowskiSecretary
Mark ChiodoTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Volpatt ConstructionHousing Renovations100 CASTLEVIEW ROAD, Pittsburgh, PA 15234$3,158,739
Disaster Restoration ServicesHousing Renovations544 5TH STREET EXT, Trafford, PA 15085$209,741
Revenue and Support

Revenue Composition

Contributions and Grants
$4,769,833
Program Service Revenue
$1,719,211
Investment Income
$6,025
Other Revenue
$61,890
All Other Contributions
$2,155,806
Change in Net Assets
$3,730,926

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,556,959
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$4,327
Total Revenue per Audited Statements
$6,561,286
Total Revenue per Form 990
$6,556,959
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,549,340
Other Expenses$1,276,693
Total Fundraising Expense$225,646
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,088,775$26,524$76,237$1,191,536
Occupancy$318,207$7,960$18,610$344,777
Depreciation Depletion$171,746$2,544-$174,290
Other Employee Benefits$147,361$5,923$4,469$157,753
Information Technology$132,266$7,664$13,689$153,619
Fees for Services Other$41,946$5,100$82,264$129,310
Payroll Taxes$87,334$2,237$5,447$95,018
Current Officers, Directors, Trustees, and Key Employees$84,892$5,536$1,845$92,273
Fees for Services Accounting$62,642$12,442$2,278$77,362
Insurance$73,593$2,887-$76,480
Other Expenses$13,472$9,614$2,506$25,592
Advertising$4,500$10,699$9,650$24,849
Fees for Services Legal-$19,143-$19,143
Conferences and Meetings$17,210$34$566$17,810
Office Expenses$12,408$2,521$746$15,675
Travel$13,845-$25$13,870
Pension Plan Contributions$11,918$481$361$12,760
Total Functional Expenses$2,456,521$143,866$225,646$2,826,033

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,830,360
Expenses per Audited Statements$2,826,033
Total Expenses per Form 990$2,826,033
Expenses Not Reported on Form 990$4,327
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$69,995
Fundraising Direct Expenses$8,105
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cornhold Tournament$69,995$69,995$8,105$61,890
Total Events$69,995$69,995$8,105$61,890
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$25,006
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A copy of the form 990 was provided to the organization's governing body before it was filed.

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

All board members read and sign the policy at a board meeting and are required to disclose any changes during the year.

Form 990, Part VI, Section B, Line 15

The board chairman and governance committee has a review and approval process each year for top management wages.

Form 990, Part VI, Section C, Line 18

Documents are available upon request.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Veterans Place of Washington Boulevard
EIN
25-1787030
Phone
4123630500
Address
945 WASHINGTON BLVD, PITTSBURGH, PA 15206

Signing Officer

Name
Kevin Kordzi
Title
Executive Director
Phone
4123630500
Signed
2025-10-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Kordzi
Formed
1996
Legal Domicile
Pa
Voting Board Members
15
Independent Board Members
15
Employees
43
Volunteers
50

Preparer

Firm
Herbein Company Inc
Address
530 PELLIS RD STE 7000, GREENSBURG, PA 15601
Preparer
Justine N Bauer CPA
Phone
7248347053
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

In accordance with generally accepted accounting principles, the organization accounts for uncertain tax positions, if any, as required.

Raw XML AppendixShowing 400 of 568 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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IRS990/ActivityOrMissionDesc0TO MAKE VETERANS LIVES BETTER BY CONNECTING THEM WITH TOOLS TO BECOME SELF-SUFFICIENT
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IRS990/Desc0THE VETERANS PLACE TRANSITIONAL HOUSING PROGRAM (FUNDED THROUGH THE VA) HAS BEEN OPERATING FOR 25 YEARS. THIS PROGRAM PROVIDES TRANSITIONAL HOUSING SERVICES FOR UP TO 60 HOMELESS VETERANS THROUGH DIFFERENT PROGRAM MODELS: CONTRACT, LOW DEMAND, SERVICE INTENSIVE AND BRIDGE HOUSING. THE TRANSITIONAL HOUSING IS LOCATED WITHIN 13 TOWNHOUSES AND THE MULTIPURPOSE BUILDING. EACH VETERAN CAN BE ACCOMMODATED IN THE PROGRAM FOR UP TO 24 MONTHS. SERVICES PROVIDED, IN ADDITION TO TRANSITIONAL HOUSING, INCLUDE CASE MANAGEMENT, EMPLOYMENT AND EDUCATIONAL SERVICES, RECOVERY SUPPORT, FINANCIAL MANAGEMENT, TRANSPORTATION ASSISTANCE, CLOTHING, AND ON-SITE FOOD PANTRY. VETERANS ARE ASSISTED WITH DEVELOPING AND ACHIEVING INDIVIDUALIZED GOAL PLANS BASED ON THEIR NEEDS AND GOALS. VETERANS ARE ABLE TO ACHIEVE SELF-SUFFIENCY AND RETURN TO BEING PRODUCTIVE MEMBERS OF THEIR COMMUNITIES.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR (EMERITUS)
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE DIRECTOR
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IRS990/FSAuditedInd01
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IRS990/FundraisingGrossIncomeAmt069995
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IRS990/InformationTechnologyGrp/TotalAmt0153619
IRS990/InsuranceGrp/ManagementAndGeneralAmt02887
IRS990/InsuranceGrp/ProgramServicesAmt073593
IRS990/InsuranceGrp/TotalAmt076480
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IRS990/MembersOrStockholdersInd00
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0TO EMPOWER VETERANS' TRANSITION FROM HOMELESS TO HOME, ENDING THE CYCLE OF HOMELESSNESS, AND TO ASSIST ALL AT-RISK VETERANS TO BECOME ENGAGED, VALUABLE CITIZENS WHO CONTRIBUTE TO THEIR COMMUNITIES.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NoncashContributionsAmt012647
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt018610
IRS990/OccupancyGrp/ManagementAndGeneralAmt07960
IRS990/OccupancyGrp/ProgramServicesAmt0318207
IRS990/OccupancyGrp/TotalAmt0344777
IRS990/OfficeExpensesGrp/FundraisingAmt0746
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02521
IRS990/OfficeExpensesGrp/ProgramServicesAmt012408
IRS990/OfficeExpensesGrp/TotalAmt015675
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IRS990/OperateHospitalInd00
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IRS990/OtherExpensesGrp/Desc0SUPPLIES
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IRS990/OtherExpensesGrp/Desc2OTHER
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IRS990/OtherExpensesGrp/FundraisingAmt1183
IRS990/OtherExpensesGrp/FundraisingAmt22506
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IRS990/OtherExpensesGrp/TotalAmt225592
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IRS990/PrincipalOfficerNm0KEVIN KORDZI
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IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
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IRS990/ProgramServiceRevenueGrp/Desc1SERVICE FEE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2LAUNDRY & VENDING
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt172755
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21681
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt172755
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21681
IRS990/ProgSrvcAccomActy2Grp/Desc0THE VETERANS RESOURCE CENTER IS ONE OF ONLY FIFTEEN OF ITS KIND IN THE COUNTRY AND THE ONLY DROP-IN SERVICE CENTER FOR VETERANS IN THE WESTERN PENNSYLVANIA REGION. THE VETERANS RESOURCE CENTER SERVICES VETERANS FACING HOMELESSNESS OR AT RISK OF HOMELESSNESS PROVIDING THEM WITH ESSENTIAL RESOURCES SUCH AS TRANSPORTATION, FOOD, CLOTHING, LAUNDRY FACILITIES, SHOWER FACILITIES, FINANCIAL ASSISTANCE, AND INDIVIDUALIZED CASE MANAGEMENT. VETERANS ARE IMMEDIATELY LINKED WITH RESOURCES FOR HOUSING. OVER 1,000 VETERANS WERE SERVED IN 2024.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0527951
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt072755
IRS990/ProgSrvcAccomActy3Grp/Desc0THE HOMELESS VETERANS REINTEGRATION PROGRAM (HVRP) IS AN EMPLOYMENT-FOCUSED COMPETITIVE GRANT PROGRAM OF THE DEPARTMENT OF LABOR EMPLOYMENT AND TRAINING SERVICES (DOL-VETS). THIS IS THE ONLY FEDERAL GRANT TO FOCUS EXCLUSIVELY ON COMPETITIVE EMPLOYMENT FOR HOMELESS VETERANS. VETERANS PLACE SERVES VETERANS IN SEVEN COUNTIES; ALLEGHENY, ARMSTRONG, BEAVER, BUTLER, FAYETTE, WESTMORELAND, AND WASHINGTON COUNTY. THROUGH INDIVIDUALIZED GOAL SETTING WITH AN EMPLOYMENT CASE MANAGER, EACH VETERAN IS ABLE TO BE MATCHED WITH AN EMPLOYER THAT MATCHES THEIR WANTS AND NEEDS. BY PARTNERING WITH HUNDREDS OF EMPLOYERS ACROSS THE REGION, OUR EMPLOYMENT CASE MANAGERS ARE ABLE TO FIND COMPETETIVE EMPLOYMENT OPPORTUNITIES FOR THE HOMELESS VETERANS WITHIN THE PROGRAM.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0456372
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IRS990/PYOtherRevenueAmt024659
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0264609
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01153546
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01687356

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