Civic Intelligence

Volunteers of America Inc

990 • Fiscal year 2020 • EIN 39-1675367

Jul 01, 2019 to Jun 30, 2020 • Filed on Dec 04, 2020

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

60th percentile

0.18x

Higher debt load relative to assets than 60% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

20th percentile

0.01x

Higher debt load relative to revenue than 20% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

97th percentile

87%

Higher net margin than 97% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

99th percentile

$661,452

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 103.8% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

1st percentile

-96%

Faster asset growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

96th percentile

207%

Faster revenue growth than 96% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$21,170

Down $564,503 (-96%) from 2019

Net Assets

Up

$17,420

Up $187,731 (+110%) from 2019

Liabilities

Down

$3,750

Down $752,234 (-100%) from 2019

Revenue

Up

$637,155

Up $429,847 (+207%) from 2019

Expenses

Down

$81,845

Down $135,692 (-62%) from 2019

Net Income

Up

$555,310

Up $565,539 (+5529%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $705,353Liabilities 2011: $834,506Net Assets 2011: -$129,1532011Assets 2012: $700,371Liabilities 2012: $817,028Net Assets 2012: -$116,6572012Assets 2013: $665,216Liabilities 2013: $809,306Net Assets 2013: -$144,0902013Assets 2014: $642,588Liabilities 2014: $788,670Net Assets 2014: -$146,0822014Assets 2015: $622,453Liabilities 2015: $772,515Net Assets 2015: -$150,0622015Assets 2016: $602,746Liabilities 2016: $777,389Net Assets 2016: -$174,6432016Assets 2017: $596,827Liabilities 2017: $768,358Net Assets 2017: -$171,5312017Assets 2018: $596,466Liabilities 2018: $756,548Net Assets 2018: -$160,0822018Assets 2019: $585,673Liabilities 2019: $755,984Net Assets 2019: -$170,3112019Assets 2020: $21,170Liabilities 2020: $3,750Net Assets 2020: $17,4202020Assets 2021: $4,759Liabilities 2021: $0Net Assets 2021: $4,7592021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2020

Assets$21,170
Liabilities$3,750
Net Assets$17,420

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $197,7082011Expenses 2012: $195,0052012Revenue 2013: $191,062Expenses 2013: $218,495Net Income 2013: -$27,4332013Revenue 2014: $217,290Expenses 2014: $219,282Net Income 2014: -$1,9922014Revenue 2015: $211,938Expenses 2015: $215,918Net Income 2015: -$3,9802015Revenue 2016: $189,521Expenses 2016: $214,102Net Income 2016: -$24,5812016Revenue 2017: $213,432Expenses 2017: $210,320Net Income 2017: $3,1122017Revenue 2018: $229,361Expenses 2018: $217,912Net Income 2018: $11,4492018Revenue 2019: $207,308Expenses 2019: $217,537Net Income 2019: -$10,2292019Revenue 2020: $637,155Expenses 2020: $81,845Net Income 2020: $555,3102020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024Revenue 2025: $0Expenses 2025: $0Net Income 2025: $02025

Highlighted filing

2020

Revenue$637,155
Expenses$81,845
Net Income$555,310
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Dec 4, 2020
Return Version
2019v5.0
Gross Receipts
$1,147,534
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$444,902--
Cash and Non-Interest-Bearing Accounts$3,201$12,564▲ $9,363
Accounts Receivable$4,652--
Prepaid Expenses and Deferred Charges$4,480--
Total Assets$585,673$21,170▼ $564,503
Other Assets Total$128,438$8,606▼ $119,832
Liabilities
Mortgage Notes Payable Secured by Investment Property$689,071--
Other Liabilities$5,326--
Accounts Payable and Accrued Expenses$61,206$3,750▼ $57,456
Deferred Revenue$381--
Total Liabilities$755,984$3,750▼ $752,234
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-170,311$17,420▲ $187,731
Total Net Assets Fund Balance$-170,311$17,420▲ $187,731
Total Liabilities and Net Assets / Fund Balance$585,673$21,170▼ $564,503

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$3,847--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Sharon Wilson GenoAsst Sec/tre$431,100$431,100
Joseph a BudzynskiAsst Sec/tre$346,931$346,931
Robert GibsonAsst. Sec/tr$335,286$335,286
Kimberly B KingAsst. Sec/tr$245,982$245,982
Nancy a GavinAsst. Sec/tr$167,459$167,459
Faith NutzAsst. Sec/tr$134,549$134,549

Board Members and Trustees

NameTitle
Jane BurksBoard Chair
Michael W KingPresident
David C KikumotoVice Chairma
Andy EdeburnDirector
Derrick PerkinsDirector
James LeblancDirector
Jeanne PetersenDirector
Karen DaleDirector
Keith KnappDirector
Nancy RaseDirector
Shawn BloomDirector
Stephen WakefieldDirector
Thomas DolanDirector
Joseph a BudzynskiAsst Sec/treas & CFO
Sharon Wilson GenoAsst Sec/treas & COO
Cynthia R KellerAsst. Sec.
Patrick N SheridanAsst. Sec.
Kimberly B KingAsst. Sec/treas
Nancy a GavinAsst. Sec/treas
Robert GibsonAsst. Sec/treas
Edwina CarringtonSecretary
Patti ArnoldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$92,647
Investment Income
$544,508
Other Revenue
$0
Change in Net Assets
$555,310

Audited Revenue Reconciliation

Revenue per Audited Statements
$637,155
Total Revenue per Audited Statements
$637,155
Total Revenue per Form 990
$637,155
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$64,614
Salaries, Compensation, and Employee Benefits$17,231
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$31,637--$31,637
Other Salaries and Wages$14,758--$14,758
Depreciation Depletion$12,577--$12,577
Fees for Services Accounting-$4,423-$4,423
Fees for Services Management-$4,258-$4,258
Office Expenses$2,155--$2,155
Other Employee Benefits$1,520--$1,520
Payroll Taxes$953--$953
Fees for Services Legal-$475-$475
Advertising$245--$245
Insurance$158--$158
Other Expenses$120--$120
Conferences and Meetings-$74-$74
All Other Expenses$11--$11
Total Functional Expenses$72,615$9,230$0$81,845

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$81,845
Total Expenses per Audited Statements$81,845
Total Expenses per Form 990$81,845
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 sharon wilson geno 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 faith nutz asst. Sec./a dir and/or officer of voa robin keller assistant se dir and/or officer of voa kimberly b. King 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 voa minnesota 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. The bylaws may not be amended without the prior written consent of volunteers of america, inc.

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
Milwaukee Voa Housing Inc
EIN
39-1675367
Phone
7033415000
Address
1660 DUKE STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Joseph a Budzynski
Title
Asst Sec/treas & CFO
Phone
7033415000
Signed
2020-12-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph a Budzynski
Formed
1988
Legal Domicile
Wi
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
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Non-reciprocal equity transfers to affiliated enti -367,579

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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/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.21$0.04$0.17$6.37$0.82$5.55
2019Detailed filing. Detailed filing data is available for this year.$5.86$7.56$1.70$2.07$2.18$0.10
2018Detailed filing. Detailed filing data is available for this year.$5.96$7.57$1.60$2.29$2.18$0.11
2017Detailed filing. Detailed filing data is available for this year.$5.97$7.68$1.72$2.13$2.10$0.03
2016Detailed filing. Detailed filing data is available for this year.$6.03$7.77$1.75$1.90$2.14$0.25
2015Detailed filing. Detailed filing data is available for this year.$6.22$7.73$1.50$2.12$2.16$0.04
2014Detailed filing. Detailed filing data is available for this year.$6.43$7.89$1.46$2.17$2.19$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.65$8.09$1.44$1.91$2.18$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.00$8.17$1.17$1.95
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.05$8.35$1.29$1.98