Civic Intelligence

San Antonio Voa Elderly Housing in Huebner Creek II

990 • Fiscal year 2014 • EIN 36-4545956

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 06, 2014

300 E Midway Road76039

(817) 529-7300

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.07x

Higher debt load relative to assets than 33% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

83rd percentile

1.29x

Higher debt load relative to revenue than 83% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

6th percentile

-42%

Higher net margin than 6% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

79th percentile

$215,080

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 75.2% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

27th percentile

-2.3%

Faster asset growth than 27% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$5,312,155

Down $126,372 (-2.3%) from 2013

Net Assets

Down

$4,943,454

Down $119,583 (-2.4%) from 2013

Liabilities

Down

$368,701

Down $6,789 (-1.8%) from 2013

Revenue

$286,165

No earlier filing loaded for comparison.

Expenses

Up

$405,748

Up $7,585 (+1.9%) from 2013

Net Income

-$119,583

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $5,672,321Liabilities 2011: $385,163Net Assets 2011: $5,287,1582011Assets 2012: $5,550,609Liabilities 2012: $378,030Net Assets 2012: $5,172,5792012Assets 2013: $5,438,527Liabilities 2013: $375,490Net Assets 2013: $5,063,0372013Assets 2014: $5,312,155Liabilities 2014: $368,701Net Assets 2014: $4,943,4542014Assets 2015: $5,199,938Liabilities 2015: $373,169Net Assets 2015: $4,826,7692015Assets 2016: $5,081,065Liabilities 2016: $413,012Net Assets 2016: $4,668,0532016Assets 2017: $4,966,431Liabilities 2017: $422,249Net Assets 2017: $4,544,1822017Assets 2018: $4,861,567Liabilities 2018: $386,556Net Assets 2018: $4,475,0112018Assets 2019: $4,870,861Liabilities 2019: $432,446Net Assets 2019: $4,438,4152019Assets 2020: $4,652,136Liabilities 2020: $412,191Net Assets 2020: $4,239,9452020Assets 2021: $4,519,176Liabilities 2021: $517,904Net Assets 2021: $4,001,2722021Assets 2022: $4,362,135Liabilities 2022: $565,163Net Assets 2022: $3,796,9722022Assets 2023: $4,212,872Liabilities 2023: $328,902Net Assets 2023: $3,883,9702023Assets 2024: $4,074,283Liabilities 2024: $379,547Net Assets 2024: $3,694,7362024Assets 2025: $3,950,219Liabilities 2025: $457,912Net Assets 2025: $3,492,3072025

Highlighted filing

2014

Assets$5,312,155
Liabilities$368,701
Net Assets$4,943,454

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $386,7492011Expenses 2012: $401,2822012Expenses 2013: $398,1632013Revenue 2014: $286,165Expenses 2014: $405,748Net Income 2014: -$119,5832014Revenue 2015: $286,187Expenses 2015: $402,872Net Income 2015: -$116,6852015Revenue 2016: $306,120Expenses 2016: $464,836Net Income 2016: -$158,7162016Revenue 2017: $377,339Expenses 2017: $501,210Net Income 2017: -$123,8712017Revenue 2018: $422,031Expenses 2018: $491,202Net Income 2018: -$69,1712018Revenue 2019: $431,636Expenses 2019: $468,232Net Income 2019: -$36,5962019Revenue 2020: $403,816Expenses 2020: $602,286Net Income 2020: -$198,4702020Revenue 2021: $398,157Expenses 2021: $636,830Net Income 2021: -$238,6732021Revenue 2022: $449,910Expenses 2022: $654,210Net Income 2022: -$204,3002022Revenue 2023: $821,528Expenses 2023: $734,530Net Income 2023: $86,9982023Revenue 2024: $564,503Expenses 2024: $753,737Net Income 2024: -$189,2342024Revenue 2025: $583,619Expenses 2025: $786,048Net Income 2025: -$202,4292025

Highlighted filing

2014

Revenue$286,165
Expenses$405,748
Net Income-$119,583
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 6, 2014
Return Version
2013v3.1
Gross Receipts
$286,165
Mission and Program Overview

Mission

Provides housing for elderly and diasbled 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$5,305,833$5,165,376▼ $140,457
Cash and Non-Interest-Bearing Accounts$3,109$1,856▼ $1,253
Accounts Receivable$723$722▼ $1
Total Assets$5,438,527$5,312,155▼ $126,372
Other Assets Total$128,862$144,201▲ $15,339
Liabilities
Mortgage Notes Payable Secured by Investment Property$334,933$334,933→ $0
Accounts Payable and Accrued Expenses$25,638$17,982▼ $7,656
Other Liabilities$14,838$15,709▲ $871
Deferred Revenue$81$77▼ $4
Total Liabilities$375,490$368,701▼ $6,789
Net Assets / Fund Balance
Unrestricted Net Assets$5,063,037$4,943,454▼ $119,583
Total Net Assets Fund Balance$5,063,037$4,943,454▼ $119,583
Total Liabilities and Net Assets / Fund Balance$5,438,527$5,312,155▼ $126,372

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,671,851$879,219$5,551,070
Land$493,000-$493,000
Other Land Buildings$525$6,821$7,346
Compensation and Service Providers

Employees

NameTitleOtherTotal
Betty MorrisVice Preside$108,320$108,320
Jennifer LeneyAssistant Se$102,500$102,500
Jana RussellAssistant Vi$85,870$85,870

Board Members and Trustees

NameTitle
Angela KingPresident
Melody TiminskyPresident
Barbara SullivanDirector
Curt ZaskeDirector
Maury B ReiterDirector
Roberty HalleyDirector
Thomas D TurnbullSecretary
Carol Bryden MooreTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$286,106
Investment Income
$59
Other Revenue
$0
Change in Net Assets
$-119,583

Audited Revenue Reconciliation

Revenue per Audited Statements
$286,165
Total Revenue per Audited Statements
$286,165
Total Revenue per Form 990
$286,165
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$333,721
Salaries, Compensation, and Employee Benefits$72,027
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$140,457--$140,457
Occupancy$103,542--$103,542
Other Salaries and Wages$68,041--$68,041
Fees for Services Management-$28,824-$28,824
Fees for Services Accounting-$11,184-$11,184
Office Expenses$8,216--$8,216
Payroll Taxes$3,536--$3,536
Insurance$1,749--$1,749
Conferences and Meetings$868--$868
Other Employee Benefits$450--$450
Other Expenses$252--$252
Fees for Services Legal-$240-$240
Total Functional Expenses$365,500$40,248$0$405,748

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$405,748
Total Expenses per Audited Statements$405,748
Total Expenses per Form 990$405,748
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$15,709
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
Yes
Other officer compensation reviewed
Yes
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 3

The organization has no employees, and has delegated control over certain property management duties to volunteers of america texas, inc. Pursuant to a property management agreement. Volunteers of america texas, inc., 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 texas, inc. 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 texas, inc.

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

No review was or will be conducted.

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 15A

The organization's top management official, officers, and key employees are not compensated by the organization but are compensated by a related organization, volunteers of america texas, inc. Volunteers of america texas' process for determining compensation of the organization's top management official, officers, and key employees includes review and approval by a compensation committee formed of independent members appointed by the board of directors. The compensation committee reviews compensation data with respect to functionally comparable senior management-level positions at organizations similar to volunteers of america in size, geographic location, national presence, industry and other relevant factors, and determines a permissible range of pay between the 50th and 75th percentile of compensation received by comparators. Compensation data is gathered from published survey sources and using the services of an outside compensation consulting firm. This process was most recently undertaken in 2013 to establish the compensation of the following individuals:jennifer leney, assistant secretary; betty morris, vice president; and jana russell, assistant vice president.

Form 990, Page 6, Part VI, Line 15B

The organization's top management official, officers, and key employees are not compensated by the organization but are compensated by a related organization, volunteers of america texas, inc. Volunteers of america texas' process for determining compensation of the organization's top management official, officers, and key employees includes review and approval by a compensation committee formed of independent members appointed by the board of directors. The compensation committee reviews compensation data with respect to functionally comparable senior management-level positions at organizations similar to volunteers of america in size, geographic location, national presence, industry and other relevant factors, and determines a permissible range of pay between the 50th and 75th percentile of compensation received by comparators. Compensation data is gathered from published survey sources and using the services of an outside compensation consulting firm. This process was most recently undertaken in 2013 to establish the compensation of the following individuals:jennifer leney, assistant secretary; betty morris, vice president; and jana russell, assistant vice president.

Form 990, Page 6, Part VI, Line 19

The documents are available upon request at the address below: 300 e. Midway rd. Euless, tx 76039

Filing and Contact Details

Filer

EIN
36-4545956
Phone
8175297300

Signing Officer

Name
Betty Morris
Title
Vice President
Phone
8175297300
Signed
2014-11-06
Discuss with paid preparer
Yes

Organization Details

Formed
2003
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Preparer
William B Beale
Phone
2259263360
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IRS990/OtherExpensesGrp/Desc1MISC. ADMINISTRATVIE
IRS990/OtherExpensesGrp/Desc2MISC. TAXES & INSURANCE
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01382216
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IRS990ScheduleD/BuildingsGrp/BookValueAmt04671851
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0879219
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05551070
IRS990ScheduleD/ExpensesSubtotalAmt0405748
IRS990ScheduleD/LandGrp/BookValueAmt0493000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0493000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0525
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06821
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07346
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS NO EMPLOYEES, AND HAS DELEGATED CONTROL OVER CERTAIN PROPERTY MANAGEMENT DUTIES TO VOLUNTEERS OF AMERICA TEXAS, INC. PURSUANT TO A PROPERTY MANAGEMENT AGREEMENT. VOLUNTEERS OF AMERICA TEXAS, INC., 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/ExplanationTxt1VOLUNTEERS OF AMERICA TEXAS, INC. HAS THE RIGHT TO APPOINT OR APPROVE DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 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 TEXAS, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 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/ExplanationTxt5THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL, OFFICERS, AND KEY EMPLOYEES ARE NOT COMPENSATED BY THE ORGANIZATION BUT ARE COMPENSATED BY A RELATED ORGANIZATION, VOLUNTEERS OF AMERICA TEXAS, INC. VOLUNTEERS OF AMERICA TEXAS' PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL, OFFICERS, AND KEY EMPLOYEES INCLUDES REVIEW AND APPROVAL BY A COMPENSATION COMMITTEE FORMED OF INDEPENDENT MEMBERS APPOINTED BY THE BOARD OF DIRECTORS. THE COMPENSATION COMMITTEE REVIEWS COMPENSATION DATA WITH RESPECT TO FUNCTIONALLY COMPARABLE SENIOR MANAGEMENT-LEVEL POSITIONS AT ORGANIZATIONS SIMILAR TO VOLUNTEERS OF AMERICA IN SIZE, GEOGRAPHIC LOCATION, NATIONAL PRESENCE, INDUSTRY AND OTHER RELEVANT FACTORS, AND DETERMINES A PERMISSIBLE RANGE OF PAY BETWEEN THE 50TH AND 75TH PERCENTILE OF COMPENSATION RECEIVED BY COMPARATORS. COMPENSATION DATA IS GATHERED FROM PUBLISHED SURVEY SOURCES AND USING THE SERVICES OF AN OUTSIDE COMPENSATION CONSULTING FIRM. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2013 TO ESTABLISH THE COMPENSATION OF THE FOLLOWING INDIVIDUALS:JENNIFER LENEY, ASSISTANT SECRETARY; BETTY MORRIS, VICE PRESIDENT; AND JANA RUSSELL, ASSISTANT VICE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL, OFFICERS, AND KEY EMPLOYEES ARE NOT COMPENSATED BY THE ORGANIZATION BUT ARE COMPENSATED BY A RELATED ORGANIZATION, VOLUNTEERS OF AMERICA TEXAS, INC. VOLUNTEERS OF AMERICA TEXAS' PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL, OFFICERS, AND KEY EMPLOYEES INCLUDES REVIEW AND APPROVAL BY A COMPENSATION COMMITTEE FORMED OF INDEPENDENT MEMBERS APPOINTED BY THE BOARD OF DIRECTORS. THE COMPENSATION COMMITTEE REVIEWS COMPENSATION DATA WITH RESPECT TO FUNCTIONALLY COMPARABLE SENIOR MANAGEMENT-LEVEL POSITIONS AT ORGANIZATIONS SIMILAR TO VOLUNTEERS OF AMERICA IN SIZE, GEOGRAPHIC LOCATION, NATIONAL PRESENCE, INDUSTRY AND OTHER RELEVANT FACTORS, AND DETERMINES A PERMISSIBLE RANGE OF PAY BETWEEN THE 50TH AND 75TH PERCENTILE OF COMPENSATION RECEIVED BY COMPARATORS. COMPENSATION DATA IS GATHERED FROM PUBLISHED SURVEY SOURCES AND USING THE SERVICES OF AN OUTSIDE COMPENSATION CONSULTING FIRM. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2013 TO ESTABLISH THE COMPENSATION OF THE FOLLOWING INDIVIDUALS:JENNIFER LENEY, ASSISTANT SECRETARY; BETTY MORRIS, VICE PRESIDENT; AND JANA RUSSELL, ASSISTANT VICE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ADDRESS BELOW: 300 E. MIDWAY RD. EULESS, TX 76039
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MGMT, PAYR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt01
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IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
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IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
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IRS990/TotalGrossUBIAmt00

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.$3.95$0.46$3.49$0.58$0.79$0.20
2024Detailed filing. Detailed filing data is available for this year.$4.07$0.38$3.69$0.56$0.75$0.19
2023Detailed filing. Detailed filing data is available for this year.$4.21$0.33$3.88$0.82$0.73$0.09
2022Detailed filing. Detailed filing data is available for this year.$4.36$0.57$3.80$0.45$0.65$0.20
2021Detailed filing. Detailed filing data is available for this year.$4.52$0.52$4.00$0.40$0.64$0.24
2020Detailed filing. Detailed filing data is available for this year.$4.65$0.41$4.24$0.40$0.60$0.20
2019Detailed filing. Detailed filing data is available for this year.$4.87$0.43$4.44$0.43$0.47$0.04
2018Detailed filing. Detailed filing data is available for this year.$4.86$0.39$4.48$0.42$0.49$0.07
2017Detailed filing. Detailed filing data is available for this year.$4.97$0.42$4.54$0.38$0.50$0.12
2016Detailed filing. Detailed filing data is available for this year.$5.08$0.41$4.67$0.31$0.46$0.16
2015Detailed filing. Detailed filing data is available for this year.$5.20$0.37$4.83$0.29$0.40$0.12
2014Detailed filing. Detailed filing data is available for this year.$5.31$0.37$4.94$0.29$0.41$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.44$0.38$5.06$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.55$0.38$5.17$0.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.67$0.39$5.29$0.39