Civic Intelligence

Clinton Township Voa Elderly Hsg I Partridge Creek Senior Village

990 • Fiscal year 2017 • EIN 26-4548846

Jul 01, 2016 to Jun 30, 2017 • Filed on Sep 28, 2017

Refreshing map…

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

16th percentile

0.01x

Higher debt load relative to assets than 16% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

37th percentile

0.10x

Higher debt load relative to revenue than 37% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

20th percentile

-8.1%

Higher net margin than 20% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

95th percentile

$538,642

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 87.1% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

25th percentile

-2.2%

Faster asset growth than 25% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

79th percentile

27%

Faster revenue growth than 79% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Down

$7,453,730

Down $168,529 (-2.2%) from 2016

Net Assets

Down

$7,392,680

Down $50,025 (-0.7%) from 2016

Liabilities

Down

$61,050

Down $118,504 (-66%) from 2016

Revenue

Up

$618,370

Up $132,659 (+27%) from 2016

Expenses

Up

$668,395

Up $48,592 (+7.8%) from 2016

Net Income

Up

-$50,025

Up $84,067 (+63%) from 2016

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2012: $8,935,626Liabilities 2012: $433,937Net Assets 2012: $8,501,6892012Assets 2013: $8,351,979Liabilities 2013: $64,620Net Assets 2013: $8,287,3592013Assets 2014: $8,000,870Liabilities 2014: $60,323Net Assets 2014: $7,940,5472014Assets 2015: $7,773,222Liabilities 2015: $196,425Net Assets 2015: $7,576,7972015Assets 2016: $7,622,259Liabilities 2016: $179,554Net Assets 2016: $7,442,7052016Assets 2017: $7,453,730Liabilities 2017: $61,050Net Assets 2017: $7,392,6802017Assets 2018: $7,399,824Liabilities 2018: $53,229Net Assets 2018: $7,346,5952018Assets 2019: $7,245,750Liabilities 2019: $48,082Net Assets 2019: $7,197,6682019Assets 2020: $7,149,591Liabilities 2020: $51,834Net Assets 2020: $7,097,7572020Assets 2021: $7,014,343Liabilities 2021: $54,250Net Assets 2021: $6,960,0932021Assets 2022: $6,979,586Liabilities 2022: $109,676Net Assets 2022: $6,869,9102022Assets 2023: $6,812,413Liabilities 2023: $207,638Net Assets 2023: $6,604,7752023Assets 2024: $6,524,006Liabilities 2024: $48,692Net Assets 2024: $6,475,3142024Assets 2025: $6,454,988Liabilities 2025: $105,877Net Assets 2025: $6,349,1112025

Highlighted filing

2017

Assets$7,453,730
Liabilities$61,050
Net Assets$7,392,680

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2012: $192,3422012Expenses 2013: $613,7052013Revenue 2014: $378,568Expenses 2014: $725,380Net Income 2014: -$346,8122014Revenue 2015: $467,654Expenses 2015: $831,404Net Income 2015: -$363,7502015Revenue 2016: $485,711Expenses 2016: $619,803Net Income 2016: -$134,0922016Revenue 2017: $618,370Expenses 2017: $668,395Net Income 2017: -$50,0252017Revenue 2018: $629,893Expenses 2018: $675,978Net Income 2018: -$46,0852018Revenue 2019: $560,303Expenses 2019: $709,230Net Income 2019: -$148,9272019Revenue 2020: $563,904Expenses 2020: $663,815Net Income 2020: -$99,9112020Revenue 2021: $587,826Expenses 2021: $725,490Net Income 2021: -$137,6642021Revenue 2022: $612,412Expenses 2022: $702,595Net Income 2022: -$90,1832022Revenue 2023: $611,143Expenses 2023: $876,278Net Income 2023: -$265,1352023Revenue 2024: $610,470Expenses 2024: $739,931Net Income 2024: -$129,4612024Revenue 2025: $657,909Expenses 2025: $784,112Net Income 2025: -$126,2032025

Highlighted filing

2017

Revenue$618,370
Expenses$668,395
Net Income-$50,025
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Sep 28, 2017
Return Version
2016v3.0
Gross Receipts
$618,370
Mission and Program Overview

Mission

Provides housing to elderly and disabled persons and families under section 202 of the national housing act under an agreement with the department of hud.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,413,174$7,219,225▼ $193,949
Prepaid Expenses and Deferred Charges$1,425$20,103▲ $18,678
Cash and Non-Interest-Bearing Accounts$22,170$1,304▼ $20,866
Accounts Receivable$255$76▼ $179
Total Assets$7,622,259$7,453,730▼ $168,529
Other Assets Total$185,235$213,022▲ $27,787
Liabilities
Mortgage Notes Payable Secured by Investment Property$61,094--
Accounts Payable and Accrued Expenses$88,647$31,603▼ $57,044
Other Liabilities$24,564$28,942▲ $4,378
Deferred Revenue$5,249$505▼ $4,744
Total Liabilities$179,554$61,050▼ $118,504
Net Assets / Fund Balance
Unrestricted Net Assets$7,442,705$7,392,680▼ $50,025
Total Net Assets Fund Balance$7,442,705$7,392,680▼ $50,025
Total Liabilities and Net Assets / Fund Balance$7,622,259$7,453,730▼ $168,529

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,399,325$1,003,686$7,403,011
Land$800,000-$800,000
Other Land Buildings$19,900$29,217$49,117
Compensation and Service Providers

Employees

NameTitleOtherTotal
Thomas D TurnbullAsst. Sec/tr$430,765$430,765
Joseph a BudzynskiAsst. Sec/tr$295,181$295,181
Nancy GavinAsst. Sec/tr$212,905$212,905
Deborah PerryAsst. Sec/tr$187,200$187,200

Board Members and Trustees

NameTitle
Jane BurksBoard Chair
Michael W KingPresident
C David KikumotoVice Chairma
Andy EdeburnDirector
James LeblancDirector
Karen DaleDirector
Keith KnappDirector
Michael SullivanDirector
Nancy RaseDirector
Patti ArnoldDirector
Stephen WakefieldDirector
Wilfred N Cooper SrDirector
Patrick SheridanAsst. Sec.
Robin KellerAsst. Sec.
Deborah PerryAsst. Sec/treas
Nancy GavinAsst. Sec/treas
Thomas D TurnbullAsst. Sec/treas
Joseph a BudzynskiAsst. Sec/treas, CFO
Robert D GibsonKey Employee
Wayne C OlsonKey Employee
Edwina CarringtonSecretary
Carol MooreTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$618,083
Investment Income
$287
Other Revenue
$0
Change in Net Assets
$-50,025

Audited Revenue Reconciliation

Revenue per Audited Statements
$618,370
Total Revenue per Audited Statements
$618,370
Total Revenue per Form 990
$618,370
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$503,841
Salaries, Compensation, and Employee Benefits$164,554
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$193,949--$193,949
Other Salaries and Wages$129,781--$129,781
Occupancy$101,692--$101,692
Fees for Services Management-$38,679-$38,679
Other Employee Benefits$25,099--$25,099
Office Expenses$20,429--$20,429
Fees for Services Legal-$16,682-$16,682
Fees for Services Accounting-$10,764-$10,764
Payroll Taxes$9,674--$9,674
Conferences and Meetings$6,672--$6,672
Advertising$2,231--$2,231
Insurance$1,667--$1,667
Other Expenses$1,639--$1,639
Total Functional Expenses$602,270$66,125$0$668,395

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$668,395
Total Expenses per Audited Statements$668,395
Total Expenses per Form 990$668,395
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
Tenant Security Deposits$24,612
Deferred Cable Revenue$4,330
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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 sharon wilson geno director dir and/or officer of voa thomas turnbull asst. Sec./a dir and/or officer of voa patrick sheridan assistant se 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 deborah perry asst. Sec./a dir and/or officer of voa robin keller assistant se 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 volunteers of america michigan 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

The directors of the corporation shall be appointed by the directors of volunteers of america national services (bylaws, article iii, section 3).

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 national services.

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
Clinton Township Voa Elderly Hsg I
EIN
26-4548846
Phone
7033415000
Address
1660 DUKE STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Joseph a Budzynski
Title
Asst. Sec/treas, CFO
Phone
7033415000
Signed
2017-09-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph a Budzynski
Formed
2009
Legal Domicile
Mi
Voting Board Members
14
Independent Board Members
12
Employees
0

Preparer

Firm
Maddox & Associates Apc
Address
5627 BANKERS AVE BLDG 2, BATON ROUGE, LA 70808-2610
Preparer
William B Beale
Phone
2259263360
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14ASST. SEC/TR
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IRS990/Form990PartVIISectionAGrp/TitleTxt16ASST. SEC.
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IRS990/Form990PartVIISectionAGrp/TitleTxt18ASST. SEC.
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt01003686
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.45$0.11$6.35$0.66$0.78$0.13
2024Detailed filing. Detailed filing data is available for this year.$6.52$0.05$6.48$0.61$0.74$0.13
2023Detailed filing. Detailed filing data is available for this year.$6.81$0.21$6.60$0.61$0.88$0.27
2022Detailed filing. Detailed filing data is available for this year.$6.98$0.11$6.87$0.61$0.70$0.09
2021Detailed filing. Detailed filing data is available for this year.$7.01$0.05$6.96$0.59$0.73$0.14
2020Detailed filing. Detailed filing data is available for this year.$7.15$0.05$7.10$0.56$0.66$0.10
2019Detailed filing. Detailed filing data is available for this year.$7.25$0.05$7.20$0.56$0.71$0.15
2018Detailed filing. Detailed filing data is available for this year.$7.40$0.05$7.35$0.63$0.68$0.05
2017Detailed filing. Detailed filing data is available for this year.$7.45$0.06$7.39$0.62$0.67$0.05
2016Detailed filing. Detailed filing data is available for this year.$7.62$0.18$7.44$0.49$0.62$0.13
2015Detailed filing. Detailed filing data is available for this year.$7.77$0.20$7.58$0.47$0.83$0.36
2014Detailed filing. Detailed filing data is available for this year.$8.00$0.06$7.94$0.38$0.73$0.35
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.35$0.06$8.29$0.61
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.94$0.43$8.50$0.19