Civic Intelligence

Voans Holding Company

EIN 26-3887973 • 501(c)3 • Alexandria, VA

Profile

The corporation supports the charitable affordable housing activities of volunteers of america, inc. And volunteers of america national services.

Refreshing map…

1660 Duke StreetAlexandria, VA 22314
Siviq Scores

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

Liabilities / Assets

9th percentile

0.01x

Higher debt load relative to assets than 9% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Liabilities / Revenue

11th percentile

0.06x

Higher debt load relative to revenue than 11% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Net Margin

71st percentile

15%

Higher net margin than 71% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Top Officer Pay

69th percentile

$771,971

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2023

Asset Growth

30th percentile

1.2%

Faster asset growth than 30% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2025

Revenue Growth

77th percentile

20%

Faster revenue growth than 77% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2025

Assets

Up

$213,038,606

Up $5,162,626 (+2.5%) from 2023

Liabilities

Down

$1,946,220

Down $5,773,206 (-75%) from 2023

Net Assets

Up

$211,092,386

Up $10,935,832 (+5.5%) from 2023

Revenue

Up

$34,072,084

Up $10,523,704 (+45%) from 2023

Expenses

Down

$28,986,230

Down $2,694,019 (-8.5%) from 2023

Net Income

Up

$5,085,854

Up $13,217,723 (+163%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300M$200M$100M$0Assets 2011: $46,738,388Liabilities 2011: $279Net Assets 2011: $46,738,1092011Assets 2012: $50,162,187Liabilities 2012: $106,835Net Assets 2012: $50,055,3522012Assets 2014: $61,904,552Liabilities 2014: $1,275,258Net Assets 2014: $60,629,2942014Assets 2015: $63,477,813Liabilities 2015: $1,368,641Net Assets 2015: $62,109,1722015Assets 2016: $73,863,402Liabilities 2016: $1,374,143Net Assets 2016: $72,489,2592016Assets 2017: $94,613,151Liabilities 2017: $1,475,501Net Assets 2017: $93,137,6502017Assets 2018: $103,638,612Liabilities 2018: $1,698,478Net Assets 2018: $101,940,1342018Assets 2019: $135,697,843Liabilities 2019: $1,631,133Net Assets 2019: $134,066,7102019Assets 2020: $145,099,394Liabilities 2020: $1,703,342Net Assets 2020: $143,396,0522020Assets 2021: $196,294,981Liabilities 2021: $1,662,753Net Assets 2021: $194,632,2282021Assets 2022: $210,006,167Liabilities 2022: $1,717,744Net Assets 2022: $208,288,4232022Assets 2023: $207,875,980Liabilities 2023: $7,719,426Net Assets 2023: $200,156,5542023Assets 2025: $213,038,606Liabilities 2025: $1,946,220Net Assets 2025: $211,092,3862025

Highlighted filing

2025

Assets$213,038,606
Liabilities$1,946,220
Net Assets$211,092,386

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2011: $54,2632011Expenses 2012: $490,2832012Revenue 2014: $2,456,870Expenses 2014: $1,113,347Net Income 2014: $1,343,5232014Revenue 2015: $2,381,690Expenses 2015: $901,812Net Income 2015: $1,479,8782015Revenue 2016: $11,353,621Expenses 2016: $973,534Net Income 2016: $10,380,0872016Revenue 2017: $21,278,453Expenses 2017: $630,062Net Income 2017: $20,648,3912017Revenue 2018: $9,724,426Expenses 2018: $921,942Net Income 2018: $8,802,4842018Revenue 2019: $34,026,168Expenses 2019: $1,899,592Net Income 2019: $32,126,5762019Revenue 2020: $12,238,130Expenses 2020: $2,908,788Net Income 2020: $9,329,3422020Revenue 2021: $56,606,557Expenses 2021: $5,370,381Net Income 2021: $51,236,1762021Revenue 2022: $21,780,396Expenses 2022: $8,124,201Net Income 2022: $13,656,1952022Revenue 2023: $23,548,380Expenses 2023: $31,680,249Net Income 2023: -$8,131,8692023Revenue 2025: $34,072,084Expenses 2025: $28,986,230Net Income 2025: $5,085,8542025

Highlighted filing

2025

Revenue$34,072,084
Expenses$28,986,230
Net Income$5,085,854

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$213$1.95$211$34.1$29.0$5.09
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$208$7.72$200$23.5$31.7$8.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$210$1.72$208$21.8$8.12$13.7
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$196$1.66$195$56.6$5.37$51.2
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$145$1.70$143$12.2$2.91$9.33
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$136$1.63$134$34.0$1.90$32.1
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$104$1.70$102$9.72$0.92$8.80
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$94.6$1.48$93.1$21.3$0.63$20.6
2016Detailed filing. Detailed filing data is available for this year.$73.9$1.37$72.5$11.4$0.97$10.4
2015Detailed filing. Detailed filing data is available for this year.$63.5$1.37$62.1$2.38$0.90$1.48
2014Detailed filing. Detailed filing data is available for this year.$61.9$1.28$60.6$2.46$1.11$1.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$50.2$0.11$50.1$0.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.7$0.00$46.7$0.05
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 16, 2023
Return Version
2022v5.0
Gross Receipts
$23,548,380
Mission and Program Overview

Mission

The corporation supports the charitable affordable housing activities of volunteers of america, inc. And volunteers of america national services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$184,724,522$204,971,233▲ $20,246,711
Savings and Temporary Cash Investments$25,271,611$2,575,565▼ $22,696,046
Total Assets$210,006,167$207,875,980▼ $2,130,187
Other Assets Total$10,034$329,182▲ $319,148
Liabilities
Other Liabilities$1,699,159$6,617,125▲ $4,917,966
Accounts Payable and Accrued Expenses$18,585$1,102,301▲ $1,083,716
Total Liabilities$1,717,744$7,719,426▲ $6,001,682
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$208,288,423$200,156,554▼ $8,131,869
Total Net Assets Fund Balance$208,288,423$200,156,554▼ $8,131,869
Total Liabilities and Net Assets / Fund Balance$210,006,167$207,875,980▼ $2,130,187
Compensation and Service Providers

Employees

NameTitleOtherTotal
Sharon Wilson GenoAsst Sec/tre$481,819$481,819
Joseph BudzynskiAsst Sec/tre$418,633$418,633
Kimberly KingAsst. Sec/tr$379,950$379,950
Nancy GavinAsst. Sec/tr$280,140$280,140
Milford W MoyerAsst. Sec/tr$279,559$279,559
Peter DesjardinsAsst. Sec/tr$277,573$277,573
David PaskoffAsst. Sec/tr$178,208$178,208
Faith NutzAsst. Sec/tr$168,560$168,560

Board Members and Trustees

NameTitle
Patti ArnoldChairperson
Michael W KingPresident
Nancy RaseVice Chair
Andy EdeburnDirector
Beth MullenDirector
Derrick PerkinsDirector
Edwina CarringtonDirector
Jeanne PetersenDirector
Karen EricksonDirector
Keith KnappDirector
Pierre VigilanceDirector
Shawn BloomDirector
Voris VigeeDirector
Joseph BudzynskiAsst Sec/treas & CFO
Sharon Wilson GenoAsst Sec/treas & COO
David PaskoffAsst. Sec/treas
Faith NutzAsst. Sec/treas
Kimberly KingAsst. Sec/treas
Milford W MoyerAsst. Sec/treas
Nancy GavinAsst. Sec/treas
Peter DesjardinsAsst. Sec/treas
Thomas DolanSecretary
Jane BurksTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$15,809,810
Program Service Revenue
$0
Investment Income
$7,738,570
Other Revenue
$0
Change in Net Assets
$-8,131,869

Audited Revenue Reconciliation

Revenue per Audited Statements
$23,548,380
Total Revenue per Audited Statements
$23,548,380
Total Revenue per Form 990
$23,548,380
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$31,680,249
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
Other Expenses$1,557,632--$1,557,632
Office Expenses-$55,856-$55,856
Interest$13,611--$13,611
Total Functional Expenses$31,624,393$55,856$0$31,680,249

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$31,680,249
Total Expenses per Audited Statements$31,680,249
Total Expenses per Form 990$31,680,249
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 Affiliate (long Term)$3,767,125
Due to Affiliates (short Term)$2,850,000
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
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

Michael king president dir and/or officer of voa joseph budzynski asst. Sec./a dir and/or officer of voa nancy gavin asst. Sec./a dir and/or officer of voa faith nutz asst. Sec./a dir and/or officer of voa robin keller assistant se dir and/or officer of voa sharon wilson geno asst. Sec./a dir and/or officer of voa kimberly b. King 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 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.

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
Voans Holding Company
EIN
26-3887973
Phone
7033415000
Address
1660 DUKE STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Peter Desjardins
Title
Asst. Sec/treas
Phone
7033415000
Signed
2023-10-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Desjardins
Formed
2008
Legal Domicile
Mn
Voting Board Members
15
Independent Board Members
13
Employees
0

Preparer

Firm
Maddox & Associates Apc
Address
5627 BANKERS AVE BLDG 2, BATON ROUGE, LA 70808-2610
Preparer
William B Beale
Phone
2259263360
Raw XML AppendixShowing 400 of 2,614 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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