Civic Intelligence

St Louis Voa Elderly Housing Inc Eads Square

EIN 43-1231768 • 501(c)3 • Alexandria, VA

Profile

Provides housing to elderly and disabled persons and families under section 202 of the national housing act under 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

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2018

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

100th percentile

$562,589

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 1070.6% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

13th percentile

-66%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$0

Down $4,470,852 (-100%) from 2017

Liabilities

Down

$0

Down $430,025 (-100%) from 2017

Net Assets

Down

$0

Down $4,040,827 (-100%) from 2017

Revenue

Down

$52,549

Down $101,611 (-66%) from 2017

Expenses

Down

$0

Down $310 (-100%) from 2017

Net Income

Down

$52,549

Down $101,301 (-66%) from 2017

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $1,978,451Liabilities 2011: $3,408,606Net Assets 2011: -$1,430,1552011Assets 2012: $1,938,505Liabilities 2012: $3,442,857Net Assets 2012: -$1,504,3522012Assets 2013: $1,861,313Liabilities 2013: $3,258,980Net Assets 2013: -$1,397,6672013Assets 2014: $1,781,734Liabilities 2014: $3,087,268Net Assets 2014: -$1,305,5342014Assets 2015: $4,229,717Liabilities 2015: $490,764Net Assets 2015: $3,738,9532015Assets 2016: $4,322,220Liabilities 2016: $435,243Net Assets 2016: $3,886,9772016Assets 2017: $4,470,852Liabilities 2017: $430,025Net Assets 2017: $4,040,8272017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$6.0M$4.0M$2.0M$0Expenses 2011: $943,9002011Expenses 2012: $888,6052012Expenses 2013: $928,7672013Revenue 2014: $1,086,801Expenses 2014: $994,668Net Income 2014: $92,1332014Revenue 2015: $5,707,158Expenses 2015: $662,671Net Income 2015: $5,044,4872015Revenue 2016: $149,075Expenses 2016: $1,051Net Income 2016: $148,0242016Revenue 2017: $154,160Expenses 2017: $310Net Income 2017: $153,8502017Revenue 2018: $52,549Expenses 2018: $0Net Income 2018: $52,5492018

Highlighted filing

2018

Revenue$52,549
Expenses$0
Net Income$52,549

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 19, 2018
Return Version
2017v2.3
Gross Receipts
$52,549
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$4,008,347--
Cash and Non-Interest-Bearing Accounts$431,709--
Total Assets$4,470,852$0▼ $4,470,852
Other Assets Total$30,796--
Liabilities
Mortgage Notes Payable Secured by Investment Property$291,897--
Accounts Payable and Accrued Expenses$138,128--
Total Liabilities$430,025$0▼ $430,025
Net Assets / Fund Balance
Unrestricted Net Assets$4,040,827--
Total Net Assets Fund Balance$4,040,827$0▼ $4,040,827
Total Liabilities and Net Assets / Fund Balance$4,470,852$0▼ $4,470,852
Compensation and Service Providers

Employees

NameTitleOtherTotal
Joseph a BudzynskiAsst Sec/ass$329,643$329,643
Robert GibsonAsst. Sec/tr$322,628$322,628
Sharon Wilson GenoAsst. Sec/tr$306,977$306,977
Nancy a GavinAsst. Sec/tr$212,308$212,308
Deborah a PerryAsst. Sec/tr$187,448$187,448

Board Members and Trustees

NameTitle
Jane BurksBoard Chair
Michael W KingPresident
David C KikumotoVice Chairma
Andy EdeburnDirector
James LeblancDirector
Jeanne PetersenDirector
Karen DaleDirector
Keith KnappDirector
Michael SullivanDirector
Nancy RaseDirector
Shawn BloomDirector
Steve WakefieldDirector
Thomas DolanDirector
Joseph a BudzynskiAsst Sec/asst Treas
Cynthia R KellerAsst. Sec.
Patrick N SheridanAsst. Sec.
Deborah a PerryAsst. Sec/treas
Nancy a GavinAsst. Sec/treas
Robert GibsonAsst. Sec/treas
Sharon Wilson GenoAsst. Sec/treas
Edwina CarringtonSecretary
Patti ArnoldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$52,549
Other Revenue
$0
Change in Net Assets
$52,549
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
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 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 sharon wilson geno asst. Sec./a dir and/or officer of voa robert gibson 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 voa illinois 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
St Louis Voa Elderly Housing Inc
EIN
43-1231768
Phone
7033415000
Address
1660 DUKE STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Joseph a Budzynski
Title
Asst Sec/asst Treas
Phone
7033415000
Signed
2018-12-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph a Budzynski
Formed
1981
Legal Domicile
Mo
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
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

DISTRIBUTIONS -4,093,376

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