Civic Intelligence

Voans Preservation and Development

EIN 46-3195548 • 501(c)3 • Alexandria, VA

Profile

The corporation supports the charitable affordable housing activities of volunteers of america, inc. And volunteers of america national services.

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 2025

Liabilities / Revenue

5th percentile

0.00x

Higher debt load relative to revenue than 5% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Net Margin

98th percentile

92%

Higher net margin than 98% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

92nd percentile

$868,407

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2024 to 2025

Revenue Growth

99th percentile

780%

Faster revenue growth than 99% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Assets

Up

-$130,947

Up $2,661,705 (+95%) from 2024

Liabilities

Up

$11,450

Up $11,450 from 2024

Net Assets

Up

-$142,397

Up $2,650,255 (+95%) from 2024

Revenue

Up

$44,164,123

Up $39,147,050 (+780%) from 2024

Expenses

Down

$3,315,104

Down $165,818 (-4.8%) from 2024

Net Income

Up

$40,849,019

Up $39,312,868 (+2559%) from 2024

Trend Graphs

Balance Sheet Trend

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

$2.0M$0-$2.0M-$4.0M-$6.0M-$8.0MAssets 2022: -$6,048,666Liabilities 2022: $0Net Assets 2022: -$6,048,6662022Assets 2023: -$6,948,060Liabilities 2023: $0Net Assets 2023: -$6,948,0602023Assets 2024: -$2,792,652Liabilities 2024: $0Net Assets 2024: -$2,792,6522024Assets 2025: -$130,947Liabilities 2025: $11,450Net Assets 2025: -$142,3972025

Highlighted filing

2025

Assets-$130,947
Liabilities$11,450
Net Assets-$142,397

Operations Trend

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

$60M$40M$20M$0-$20MRevenue 2022: $135,727Expenses 2022: $1,636,338Net Income 2022: -$1,500,6112022Revenue 2023: $1,329,851Expenses 2023: $2,193,608Net Income 2023: -$863,7572023Revenue 2024: $5,017,073Expenses 2024: $3,480,922Net Income 2024: $1,536,1512024Revenue 2025: $44,164,123Expenses 2025: $3,315,104Net Income 2025: $40,849,0192025

Highlighted filing

2025

Revenue$44,164,123
Expenses$3,315,104
Net Income$40,849,019

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 6, 2025
Return Version
2024v5.0
Gross Receipts
$44,164,123
Mission and Program Overview

Mission

The corporation supports the charitable affordable housing activities of volunteers of america, inc. And volunteers of america national services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,668,351$3,766,088▲ $1,097,737
Land, Buildings, and Equipment, Net$501,442$501,442→ $0
Total Assets$-2,792,652$-130,947▲ $2,661,705
Other Assets Total$-5,962,445$-4,398,477▲ $1,563,968
Liabilities
Accounts Payable and Accrued Expenses-$11,450-
Total Liabilities$0$11,450▲ $11,450
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-2,792,652$-142,397▲ $2,650,255
Total Net Assets Fund Balance$-2,792,652$-142,397▲ $2,650,255
Total Liabilities and Net Assets / Fund Balance$-2,792,652$-130,947▲ $2,661,705

Asset Categories

AssetBook ValueDepreciationBasis
Land$501,442--
Other Assets Org$-2,514,482--
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
$44,049,938
Investment Income
$53,310
Other Revenue
$60,875
Change in Net Assets
$40,849,019
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,315,104
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$662,320--$662,320
Other Expenses$216,592--$216,592
Fees for Services Accounting-$3,000-$3,000
Total Functional Expenses$3,312,104$3,000$0$3,315,104
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 2

Michael king president 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 sharon wilson geno 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 management duties to volunteers of america national services. 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.

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
Voans Preservation and Development
EIN
46-3195548
Phone
7033415000
Address
1660 DUKE STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Dejernette Beaty
Title
Asst. Treas/sec
Phone
7033415000
Signed
2025-12-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dejernette Beaty
Formed
2013
Legal Domicile
Mn
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
David V Berg Jr
Phone
2259263360
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

R/e loss-les chateaux wes 191,807 0 0 r/e loss-alamo 171,805 0 0 r/e loss-snow hill 167,136 0 0 r/e loss-tanyard branch 131,205 0 0 r/e loss-paloma garden 367 0 0 total 662,320 0 0

Form 990, Part XI, Line 9

Distributions from sold entities 9,619,873 distributions to voans -47,810,187 total -38,190,314

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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/TitleTxt11DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt13SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt19CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
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