Civic Intelligence

Gary Voa Elderly Housing Inc

EIN 26-4549128 • 501(c)3 • Alexandria, VA

Profile

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

Refreshing map…

1660 Duke StreetAlexandria, VA 22314
Siviq Scores

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

Liabilities / Assets

35th percentile

0.01x

Higher debt load relative to assets than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

59th percentile

0.13x

Higher debt load relative to revenue than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

11th percentile

-29%

Higher net margin than 11% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

99th percentile

$868,407

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 192.9% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

30th percentile

-2.6%

Faster asset growth than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

35th percentile

-0.7%

Faster revenue growth than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$4,216,160

Down $194,752 (-4.4%) from 2023

Liabilities

Up

$57,669

Up $14,927 (+35%) from 2023

Net Assets

Down

$4,158,491

Down $209,679 (-4.8%) from 2023

Revenue

Up

$450,275

Up $35,040 (+8.4%) from 2023

Expenses

Up

$579,125

Up $87,593 (+18%) from 2023

Net Income

Down

-$128,850

Down $52,553 (-69%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2014: $5,544,142Liabilities 2014: $149,320Net Assets 2014: $5,394,8222014Assets 2015: $5,360,423Liabilities 2015: $57,170Net Assets 2015: $5,303,2532015Assets 2016: $5,227,673Liabilities 2016: $48,999Net Assets 2016: $5,178,6742016Assets 2017: $5,113,174Liabilities 2017: $26,444Net Assets 2017: $5,086,7302017Assets 2020: $4,793,008Liabilities 2020: $103,351Net Assets 2020: $4,689,6572020Assets 2021: $4,681,959Liabilities 2021: $95,600Net Assets 2021: $4,586,3592021Assets 2022: $4,551,338Liabilities 2022: $106,871Net Assets 2022: $4,444,4672022Assets 2023: $4,410,912Liabilities 2023: $42,742Net Assets 2023: $4,368,1702023Assets 2025: $4,216,160Liabilities 2025: $57,669Net Assets 2025: $4,158,4912025

Highlighted filing

2025

Assets$4,216,160
Liabilities$57,669
Net Assets$4,158,491

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $172,208Expenses 2014: $360,705Net Income 2014: -$188,4972014Revenue 2015: $217,386Expenses 2015: $372,605Net Income 2015: -$155,2192015Revenue 2016: $261,776Expenses 2016: $386,355Net Income 2016: -$124,5792016Revenue 2017: $285,143Expenses 2017: $402,213Net Income 2017: -$117,0702017Revenue 2020: $348,045Expenses 2020: $491,746Net Income 2020: -$143,7012020Revenue 2021: $386,650Expenses 2021: $489,948Net Income 2021: -$103,2982021Revenue 2022: $387,247Expenses 2022: $529,139Net Income 2022: -$141,8922022Revenue 2023: $415,235Expenses 2023: $491,532Net Income 2023: -$76,2972023Revenue 2025: $450,275Expenses 2025: $579,125Net Income 2025: -$128,8502025

Highlighted filing

2025

Revenue$450,275
Expenses$579,125
Net Income-$128,850

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 17, 2025
Return Version
2024v5.0
Gross Receipts
$450,275
Mission and Program Overview

Mission

Provides housing to elderly or disabled persons or 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$3,991,003$3,895,507▼ $95,496
Prepaid Expenses and Deferred Charges$29,195$26,848▼ $2,347
Cash and Non-Interest-Bearing Accounts$29,158$22,566▼ $6,592
Accounts Receivable$3,747$3,469▼ $278
Total Assets$4,329,791$4,216,160▼ $113,631
Other Assets Total$276,688$267,770▼ $8,918
Liabilities
Accounts Payable and Accrued Expenses$29,330$44,217▲ $14,887
Other Liabilities$12,828$13,153▲ $325
Deferred Revenue$292$299▲ $7
Total Liabilities$42,450$57,669▲ $15,219
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,583,319$5,583,319→ $0
Net Assets Without Donor Restrictions$-1,295,978$-1,424,828▼ $128,850
Total Net Assets Fund Balance$4,287,341$4,158,491▼ $128,850
Total Liabilities and Net Assets / Fund Balance$4,329,791$4,216,160▼ $113,631

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,840,731$1,638,337$5,479,068
Other Land Buildings$33,882$35,021$68,903
Equipment$20,894$3,930$24,824
Other Assets Org$14,146--
Compensation and Service Providers

Employees

NameTitleOtherTotal
David NisivocciaAsst. Treas/$516,603$516,603
Joseph BudzynskiAsst Treas/s$465,439$465,439
Paul SoczynskiAsst. Treas/$378,447$378,447
Peter DesjardinsAsst. Treas/$319,503$319,503
Nancy GavinAsst. Sec/tr$285,594$285,594
Kimberly KingAsst. Treas/$256,810$256,810
David PaskoffAsst. Treas/$197,896$197,896
Dejernette BeatyAsst. Treas/$193,522$193,522
Faith NutzAsst. Sec/tr$169,200$169,200

Board Members and Trustees

NameTitle
Nancy RaseChair
Michael W KingPresident
Derrick PerkinsVice Chair
Beth MullenDirector
Carmen JacksonDirector
Janet StringfellowDirector
Jeanne PetersonDirector
Keith KnappDirector
Patrick SheridanDirector
Patti ArnoldDirector
Shawn BloomDirector
Voris VigeeDirector
Walter TejadaDirector
Joseph BudzynskiAsst Treas/sec & CFO
Faith NutzAsst. Sec/treas
Nancy GavinAsst. Sec/treas
David NisivocciaAsst. Treas/sec
David PaskoffAsst. Treas/sec
Dejernette BeatyAsst. Treas/sec
Kimberly KingAsst. Treas/sec
Paul SoczynskiAsst. Treas/sec
Peter DesjardinsAsst. Treas/sec
Karen HackettSecretary
Karen EricksonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$438,882
Investment Income
$11,393
Other Revenue
$0
Change in Net Assets
$-128,850

Audited Revenue Reconciliation

Revenue per Audited Statements
$450,275
Total Revenue per Audited Statements
$450,275
Total Revenue per Form 990
$450,275
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$446,544
Salaries, Compensation, and Employee Benefits$132,581
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$174,503--$174,503
Depreciation Depletion$158,405--$158,405
Other Salaries and Wages$97,080--$97,080
Other Employee Benefits$31,231--$31,231
Office Expenses$12,438--$12,438
Fees for Services Accounting-$10,401-$10,401
Payroll Taxes$4,270--$4,270
Conferences and Meetings-$899-$899
Advertising$865--$865
Insurance$841--$841
Fees for Services Legal-$100-$100
Other Expenses$63--$63
Total Functional Expenses$567,725$11,400$0$579,125

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$579,125
Total Expenses per Audited Statements$579,125
Total Expenses per Form 990$579,125
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$13,153
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
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 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 david nisivoccia 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 volunteers of america indiana, 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 national services has the right to appoint or approve directors.

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
Gary Voa Elderly Housing Inc
EIN
26-4549128
Phone
7033415000
Address
1660 DUKE STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Dejernette Beaty
Title
Asst. Treas/sec
Phone
7033415000
Signed
2025-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dejernette Beaty
Formed
2009
Legal Domicile
In
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
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