Civic Intelligence

Taylor Voa Elderly Housing Inc Heritage Park Senior Village

EIN 45-4963872 • 501(c)3 • Alexandria, VA

Profile

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.

Refreshing map…

1660 Duke StreetAlexandria, VA 22314
Siviq Scores

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

Liabilities / Assets

39th percentile

0.06x

Higher debt load relative to assets than 39% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

84th percentile

0.96x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

9th percentile

-31%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

95th percentile

$516,603

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 84.0% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

29th percentile

-1.9%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

62nd percentile

14%

Faster revenue growth than 62% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Down

$9,274,439

Down $183,869 (-1.9%) from 2024

Liabilities

Up

$591,825

Up $3,985 (+0.7%) from 2024

Net Assets

Down

$8,682,614

Down $187,854 (-2.1%) from 2024

Revenue

Up

$615,122

Up $74,561 (+14%) from 2024

Expenses

Up

$802,976

Up $14,028 (+1.8%) from 2024

Net Income

Up

-$187,854

Up $60,533 (+24%) from 2024

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2016: $11,203,146Liabilities 2016: $549,608Net Assets 2016: $10,653,5382016Assets 2017: $11,026,417Liabilities 2017: $560,807Net Assets 2017: $10,465,6102017Assets 2018: $10,797,654Liabilities 2018: $553,445Net Assets 2018: $10,244,2092018Assets 2019: $10,565,387Liabilities 2019: $564,576Net Assets 2019: $10,000,8112019Assets 2020: $10,338,098Liabilities 2020: $560,067Net Assets 2020: $9,778,0312020Assets 2021: $10,127,930Liabilities 2021: $558,599Net Assets 2021: $9,569,3312021Assets 2022: $9,894,389Liabilities 2022: $556,958Net Assets 2022: $9,337,4312022Assets 2023: $9,675,113Liabilities 2023: $556,258Net Assets 2023: $9,118,8552023Assets 2024: $9,458,308Liabilities 2024: $587,840Net Assets 2024: $8,870,4682024Assets 2025: $9,274,439Liabilities 2025: $591,825Net Assets 2025: $8,682,6142025

Highlighted filing

2025

Assets$9,274,439
Liabilities$591,825
Net Assets$8,682,614

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $231,958Expenses 2016: $373,520Net Income 2016: -$141,5622016Revenue 2017: $483,109Expenses 2017: $671,037Net Income 2017: -$187,9282017Revenue 2018: $479,128Expenses 2018: $700,529Net Income 2018: -$221,4012018Revenue 2019: $484,039Expenses 2019: $727,437Net Income 2019: -$243,3982019Revenue 2020: $498,279Expenses 2020: $721,059Net Income 2020: -$222,7802020Revenue 2021: $520,042Expenses 2021: $728,742Net Income 2021: -$208,7002021Revenue 2022: $522,544Expenses 2022: $754,444Net Income 2022: -$231,9002022Revenue 2023: $522,709Expenses 2023: $741,285Net Income 2023: -$218,5762023Revenue 2024: $540,561Expenses 2024: $788,948Net Income 2024: -$248,3872024Revenue 2025: $615,122Expenses 2025: $802,976Net Income 2025: -$187,8542025

Highlighted filing

2025

Revenue$615,122
Expenses$802,976
Net Income-$187,854

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 20, 2025
Return Version
2024v5.0
Gross Receipts
$615,122
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$8,466,676$8,239,290▼ $227,386
Prepaid Expenses and Deferred Charges$57,649$52,413▼ $5,236
Cash and Non-Interest-Bearing Accounts$7,564$25,846▲ $18,282
Accounts Receivable$2,218$904▼ $1,314
Total Assets$9,458,308$9,274,439▼ $183,869
Other Assets Total$924,201$955,986▲ $31,785
Liabilities
Mortgage Notes Payable Secured by Investment Property$500,000$500,000→ $0
Accounts Payable and Accrued Expenses$54,024$61,551▲ $7,527
Other Liabilities$29,461$28,651▼ $810
Deferred Revenue$4,355$1,623▼ $2,732
Total Liabilities$587,840$591,825▲ $3,985
Net Assets / Fund Balance
Net Assets With Donor Restrictions$10,795,100$10,795,100→ $0
Net Assets Without Donor Restrictions$-1,924,632$-2,112,486▼ $187,854
Total Net Assets Fund Balance$8,870,468$8,682,614▼ $187,854
Total Liabilities and Net Assets / Fund Balance$9,458,308$9,274,439▼ $183,869

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,728,959$2,399,304$10,128,263
Land$500,000-$500,000
Other Land Buildings$10,331$53,818$64,149
Other Assets Org$955,986--
Compensation and Service Providers

Employees

NameTitleOtherTotal
David NisivocciaSecretary/tr$516,603$516,603
Joseph BudzynskiAsst Sec/ass$465,439$465,439
Peter DesjardinsVice Preside$319,503$319,503
Kimberly KingAsst. Sec/as$256,810$256,810
Dejernette BeatyAsst. Treas/$193,522$193,522

Board Members and Trustees

NameTitle
Thomas TurnbullPresident
Peter DesjardinsVice President
Hendrick ForbesDirector
Susan ReamsnyderDirector
Tatiana BransonDirector
Michele WatkinsAssistant Se
Robin KellerAssistant Se
Joseph BudzynskiAsst Sec/asst Treas
Angela WilliamsAsst. Sec/as
Kimberly KingAsst. Sec/asst Treas
Dejernette BeatyAsst. Treas/sec
David NisivocciaSecretary/treasurer
Aubrey MacfarlaneVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$597,125
Investment Income
$17,997
Other Revenue
$0
Change in Net Assets
$-187,854

Audited Revenue Reconciliation

Revenue per Audited Statements
$615,122
Total Revenue per Audited Statements
$615,122
Total Revenue per Form 990
$615,122
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$656,996
Salaries, Compensation, and Employee Benefits$145,980
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$253,938--$253,938
Occupancy$153,450--$153,450
Other Salaries and Wages$122,912--$122,912
Fees for Services Management-$46,710-$46,710
Fees for Services Accounting-$19,908-$19,908
Office Expenses$18,239--$18,239
Other Employee Benefits$13,500--$13,500
Payroll Taxes$9,568--$9,568
Conferences and Meetings-$6,979-$6,979
Insurance$2,474--$2,474
Advertising$1,037--$1,037
Other Expenses$69--$69
Total Functional Expenses$729,379$73,597$0$802,976

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$802,976
Total Expenses per Audited Statements$802,976
Total Expenses per Form 990$802,976
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$28,651
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

Thomas turnbull president dir and/or officer of voa peter desjardins vice pres dir and/or officer of voa joseph budzynski 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 david nisivoccia sec/treas 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 michigan, 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
Taylor Voa Elderly Housing Inc
EIN
45-4963872
Phone
7033415000
Address
1660 DUKE STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Dejernette Beaty
Title
Asst. Treas/sec
Phone
7033415000
Signed
2025-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dejernette Beaty
Formed
2012
Legal Domicile
Mi
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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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2PETER DESJARDINS
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SECRETARY/TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1ASST SEC/ASST TREAS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3ASST. SEC/ASST TREAS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4ASST. TREAS/SEC
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THOMAS TURNBULL PRESIDENT DIR AND/OR OFFICER OF VOA PETER DESJARDINS VICE PRES DIR AND/OR OFFICER OF VOA JOSEPH BUDZYNSKI 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 DAVID NISIVOCCIA SEC/TREAS DIR AND/OR OFFICER OF VOA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS NO EMPLOYEES, AND HAS DELEGATED CONTROL OVER CERTAIN PROPERTY MANAGEMENT DUTIES TO VOA MICHIGAN, 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3VOLUNTEERS OF AMERICA NATIONAL SERVICES HAS THE RIGHT TO APPOINT OR APPROVE DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE 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/ExplanationTxt7AVAILABLE AT THE ADDRESS BELOW: 1660 DUKE STREET ALEXANDRIA, VA 22314
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 1A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2

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