Civic Intelligence

Georgia Voa Elderly Housing Inc Hunters Run

990 • Fiscal year 2017 • EIN 58-1700967

Jul 01, 2016 to Jun 30, 2017 • Filed on Sep 28, 2017

Refreshing map…

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

92nd percentile

1.03x

Higher debt load relative to assets than 92% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

2.41x

Higher debt load relative to revenue than 91% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

58th percentile

6.1%

Higher net margin than 58% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

98th percentile

$538,642

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 118.8% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

37th percentile

-0.4%

Faster asset growth than 37% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

47th percentile

3.4%

Faster revenue growth than 47% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,062,604

Down $3,832 (-0.4%) from 2016

Net Assets

Up

-$29,938

Up $27,513 (+48%) from 2016

Liabilities

Down

$1,092,542

Down $31,345 (-2.8%) from 2016

Revenue

Up

$453,398

Up $14,736 (+3.4%) from 2016

Expenses

Up

$425,885

Up $41,942 (+11%) from 2016

Net Income

Down

$27,513

Down $27,206 (-50%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $1,139,350Liabilities 2011: $1,260,641Net Assets 2011: -$121,2912011Assets 2012: $1,143,542Liabilities 2012: $1,247,166Net Assets 2012: -$103,6242012Assets 2013: $1,170,855Liabilities 2013: $1,295,109Net Assets 2013: -$124,2542013Assets 2014: $1,157,821Liabilities 2014: $1,288,617Net Assets 2014: -$130,7962014Assets 2015: $1,105,801Liabilities 2015: $1,217,971Net Assets 2015: -$112,1702015Assets 2016: $1,066,436Liabilities 2016: $1,123,887Net Assets 2016: -$57,4512016Assets 2017: $1,062,604Liabilities 2017: $1,092,542Net Assets 2017: -$29,9382017Assets 2018: $1,074,912Liabilities 2018: $1,050,741Net Assets 2018: $24,1712018Assets 2019: $1,100,165Liabilities 2019: $1,012,756Net Assets 2019: $87,4092019Assets 2020: $1,103,932Liabilities 2020: $980,216Net Assets 2020: $123,7162020Assets 2021: $1,116,775Liabilities 2021: $926,841Net Assets 2021: $189,9342021Assets 2022: $1,139,618Liabilities 2022: $878,244Net Assets 2022: $261,3742022Assets 2023: $1,172,992Liabilities 2023: $815,816Net Assets 2023: $357,1762023Assets 2024: $1,245,151Liabilities 2024: $741,872Net Assets 2024: $503,2792024Assets 2025: $1,408,430Liabilities 2025: $680,867Net Assets 2025: $727,5632025

Highlighted filing

2017

Assets$1,062,604
Liabilities$1,092,542
Net Assets-$29,938

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $383,7902011Expenses 2012: $396,8512012Revenue 2013: $408,018Expenses 2013: $428,648Net Income 2013: -$20,6302013Revenue 2014: $425,601Expenses 2014: $432,143Net Income 2014: -$6,5422014Revenue 2015: $432,686Expenses 2015: $414,060Net Income 2015: $18,6262015Revenue 2016: $438,662Expenses 2016: $383,943Net Income 2016: $54,7192016Revenue 2017: $453,398Expenses 2017: $425,885Net Income 2017: $27,5132017Revenue 2018: $452,652Expenses 2018: $398,543Net Income 2018: $54,1092018Revenue 2019: $469,813Expenses 2019: $406,575Net Income 2019: $63,2382019Revenue 2020: $478,933Expenses 2020: $442,626Net Income 2020: $36,3072020Revenue 2021: $494,048Expenses 2021: $427,830Net Income 2021: $66,2182021Revenue 2022: $513,019Expenses 2022: $441,579Net Income 2022: $71,4402022Revenue 2023: $530,543Expenses 2023: $434,741Net Income 2023: $95,8022023Revenue 2024: $563,463Expenses 2024: $417,360Net Income 2024: $146,1032024Revenue 2025: $663,418Expenses 2025: $439,134Net Income 2025: $224,2842025

Highlighted filing

2017

Revenue$453,398
Expenses$425,885
Net Income$27,513
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Sep 28, 2017
Return Version
2016v3.0
Gross Receipts
$453,398
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$751,268$708,584▼ $42,684
Accounts Receivable-$14,822-
Prepaid Expenses and Deferred Charges$5,153$5,127▼ $26
Cash and Non-Interest-Bearing Accounts$3,939$2,836▼ $1,103
Total Assets$1,066,436$1,062,604▼ $3,832
Other Assets Total$306,076$331,235▲ $25,159
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,039,211$1,003,784▼ $35,427
Accounts Payable and Accrued Expenses$76,630$79,767▲ $3,137
Other Liabilities$7,997$8,945▲ $948
Deferred Revenue$49$46▼ $3
Total Liabilities$1,123,887$1,092,542▼ $31,345
Net Assets / Fund Balance
Unrestricted Net Assets$-57,451$-29,938▲ $27,513
Total Net Assets Fund Balance$-57,451$-29,938▲ $27,513
Total Liabilities and Net Assets / Fund Balance$1,066,436$1,062,604▼ $3,832

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$575,507$966,507$1,542,014
Other Land Buildings$76,912$125,984$202,896
Land$50,820-$50,820
Equipment$5,345$22,532$27,877
Other Assets Org$20--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Thomas D TurnbullAsst. Sec/tr$430,765$430,765
Joseph a BudzynskiAsst. Sec/tr$295,181$295,181
Nancy GavinAsst. Sec/tr$212,905$212,905
Deborah PerryAsst. Sec/tr$187,200$187,200

Board Members and Trustees

NameTitle
Jane BurksBoard Chair
Michael W KingPresident
C David KikumotoVice Chairma
Andy EdeburnDirector
James LeblancDirector
Karen DaleDirector
Keith KnappDirector
Michael SullivanDirector
Nancy RaseDirector
Patti ArnoldDirector
Stephen WakefieldDirector
Wilfred N Cooper SrDirector
Patrick SheridanAsst. Sec.
Robin KellerAsst. Sec.
Deborah PerryAsst. Sec/treas
Nancy GavinAsst. Sec/treas
Thomas D TurnbullAsst. Sec/treas
Joseph a BudzynskiAsst. Sec/treas, CFO
Robert D GibsonKey Employee
Wayne C OlsonKey Employee
Edwina CarringtonSecretary
Carol MooreTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$450,998
Investment Income
$2,400
Other Revenue
$0
Change in Net Assets
$27,513

Audited Revenue Reconciliation

Revenue per Audited Statements
$453,398
Total Revenue per Audited Statements
$453,398
Total Revenue per Form 990
$453,398
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$350,096
Salaries, Compensation, and Employee Benefits$75,789
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$141,640--$141,640
Depreciation Depletion$68,197--$68,197
Other Salaries and Wages$67,171--$67,171
Fees for Services Management-$22,400-$22,400
Office Expenses$13,014--$13,014
Fees for Services Accounting-$7,439-$7,439
Other Employee Benefits$4,943--$4,943
Advertising$4,084--$4,084
Payroll Taxes$3,675--$3,675
Conferences and Meetings$3,234--$3,234
Insurance$1,460--$1,460
Fees for Services Legal-$91-$91
Other Expenses$48--$48
Total Functional Expenses$395,955$29,930$0$425,885

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$425,885
Total Expenses per Audited Statements$425,885
Total Expenses per Form 990$425,885
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$8,945
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
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 thomas turnbull 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 sharon wilson geno director 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 volunteers of america southeast 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
Georgia Voa Elderly Housing Inc
EIN
58-1700967
Phone
7033415000
Address
1660 DUKE STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Joseph a Budzynski
Title
Asst. Sec/treas, CFO
Phone
7033415000
Signed
2017-09-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph a Budzynski
Formed
1985
Legal Domicile
Ga
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
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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/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt15ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt16ASST. SEC.
IRS990/Form990PartVIISectionAGrp/TitleTxt17ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt18ASST. SEC.
IRS990/Form990PartVIISectionAGrp/TitleTxt19ASST. SEC/TR
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0PROVIDES HOUSING TO ELDERLY AND DISABLED PERSONS AND FAMILIES UNDER SECTION 202 OF THE NATIONAL HOUSING ACT UNDER AN AGREEMENT WITH THE DEPARTMENT OF HUD
IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01003784
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IRS990/OtherExpensesGrp/Desc1SERVICE COORDINATOR EXP
IRS990/OtherExpensesGrp/Desc2ALL OTHER ADMINISTRATIVE
IRS990/OtherExpensesGrp/Desc3MISC TAXES, LISC, PERMITS
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IRS990/OtherExpensesGrp/ProgramServicesAmt22369
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IRS990/PrincipalOfficerNm0JOSEPH A BUDZYNSKI
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IRS990ScheduleA/InvestmentIncomePYPct00.01000
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IRS990ScheduleA/PublicSupportPY509Pct00.99200
IRS990ScheduleA/PublicSupportTotal509Amt02142837
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0425601
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0408018
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02158365
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0575507
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0966507
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01542014
IRS990ScheduleD/EquipmentGrp/BookValueAmt05345
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022532
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027877
IRS990ScheduleD/ExpensesSubtotalAmt0425885
IRS990ScheduleD/LandGrp/BookValueAmt050820
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050820
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0331215
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt120
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1MISC CURRENT ASSETS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt076912
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0125984
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0202896

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.$1.41$0.68$0.73$0.66$0.44$0.22
2024Detailed filing. Detailed filing data is available for this year.$1.25$0.74$0.50$0.56$0.42$0.15
2023Detailed filing. Detailed filing data is available for this year.$1.17$0.82$0.36$0.53$0.43$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.14$0.88$0.26$0.51$0.44$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.12$0.93$0.19$0.49$0.43$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.10$0.98$0.12$0.48$0.44$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.10$1.01$0.09$0.47$0.41$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.07$1.05$0.02$0.45$0.40$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.06$1.09$0.03$0.45$0.43$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.07$1.12$0.06$0.44$0.38$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.11$1.22$0.11$0.43$0.41$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.16$1.29$0.13$0.43$0.43$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$1.30$0.12$0.41$0.43$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$1.25$0.10$0.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$1.26$0.12$0.38