Civic Intelligence

Torrington Voa Elderly Housing Inc

EIN 58-1805618 • 501(c)3 • Alexandria, VA

Profile

Provide housing for the elderly and the disabled 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

56th percentile

0.10x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

72nd percentile

0.28x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

28th percentile

-5.3%

Higher net margin than 28% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

99th percentile

$771,971

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 179.2% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

44th percentile

2.0%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

32nd percentile

-1.8%

Faster revenue growth than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,198,996

Up $23,359 (+2.0%) from 2024

Liabilities

Up

$118,601

Up $46,020 (+63%) from 2024

Net Assets

Down

$1,080,395

Down $22,661 (-2.1%) from 2024

Revenue

Down

$425,256

Down $7,713 (-1.8%) from 2024

Expenses

Up

$447,917

Up $37,139 (+9.0%) from 2024

Net Income

Down

-$22,661

Down $44,852 (-202%) from 2024

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,433,342Liabilities 2011: $34,577Net Assets 2011: $1,398,7652011Assets 2012: $1,417,123Liabilities 2012: $40,191Net Assets 2012: $1,376,9322012Assets 2013: $1,397,735Liabilities 2013: $42,324Net Assets 2013: $1,355,4112013Assets 2014: $1,353,296Liabilities 2014: $39,907Net Assets 2014: $1,313,3892014Assets 2015: $1,325,005Liabilities 2015: $37,780Net Assets 2015: $1,287,2252015Assets 2016: $1,270,509Liabilities 2016: $39,506Net Assets 2016: $1,231,0032016Assets 2017: $1,198,831Liabilities 2017: $37,528Net Assets 2017: $1,161,3032017Assets 2018: $1,137,150Liabilities 2018: $53,108Net Assets 2018: $1,084,0422018Assets 2019: $1,087,349Liabilities 2019: $49,054Net Assets 2019: $1,038,2952019Assets 2020: $1,097,653Liabilities 2020: $71,143Net Assets 2020: $1,026,5102020Assets 2021: $1,098,393Liabilities 2021: $49,746Net Assets 2021: $1,048,6472021Assets 2022: $1,121,519Liabilities 2022: $46,854Net Assets 2022: $1,074,6652022Assets 2023: $1,149,828Liabilities 2023: $68,963Net Assets 2023: $1,080,8652023Assets 2024: $1,175,637Liabilities 2024: $72,581Net Assets 2024: $1,103,0562024Assets 2025: $1,198,996Liabilities 2025: $118,601Net Assets 2025: $1,080,3952025

Highlighted filing

2025

Assets$1,198,996
Liabilities$118,601
Net Assets$1,080,395

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $305,5052011Expenses 2012: $338,5222012Revenue 2013: $314,588Expenses 2013: $336,109Net Income 2013: -$21,5212013Revenue 2014: $312,479Expenses 2014: $354,501Net Income 2014: -$42,0222014Revenue 2015: $339,304Expenses 2015: $365,468Net Income 2015: -$26,1642015Revenue 2016: $319,782Expenses 2016: $376,004Net Income 2016: -$56,2222016Revenue 2017: $333,150Expenses 2017: $402,850Net Income 2017: -$69,7002017Revenue 2018: $352,561Expenses 2018: $429,822Net Income 2018: -$77,2612018Revenue 2019: $387,520Expenses 2019: $433,267Net Income 2019: -$45,7472019Revenue 2020: $426,382Expenses 2020: $438,167Net Income 2020: -$11,7852020Revenue 2021: $426,938Expenses 2021: $404,801Net Income 2021: $22,1372021Revenue 2022: $422,882Expenses 2022: $396,864Net Income 2022: $26,0182022Revenue 2023: $430,883Expenses 2023: $424,683Net Income 2023: $6,2002023Revenue 2024: $432,969Expenses 2024: $410,778Net Income 2024: $22,1912024Revenue 2025: $425,256Expenses 2025: $447,917Net Income 2025: -$22,6612025

Highlighted filing

2025

Revenue$425,256
Expenses$447,917
Net Income-$22,661

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.12$1.08$0.43$0.45$0.02
2024Summary only. Only limited summary data is available for this year.$1.18$0.07$1.10$0.43$0.41$0.02
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.07$1.08$0.43$0.42$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.05$1.07$0.42$0.40$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.05$1.05$0.43$0.40$0.02
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.07$1.03$0.43$0.44$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.05$1.04$0.39$0.43$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.05$1.08$0.35$0.43$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.04$1.16$0.33$0.40$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.27$0.04$1.23$0.32$0.38$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.33$0.04$1.29$0.34$0.37$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.35$0.04$1.31$0.31$0.35$0.04
2013Summary only. Only limited summary data is available for this year.$1.40$0.04$1.36$0.31$0.34$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.04$1.38$0.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.03$1.40$0.31
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 16, 2023
Return Version
2022v5.0
Gross Receipts
$430,883
Mission and Program Overview

Mission

Provide housing for the elderly and the disabled 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$962,510$921,889▼ $40,621
Cash and Non-Interest-Bearing Accounts$7,128$30,415▲ $23,287
Prepaid Expenses and Deferred Charges$17,047$24,070▲ $7,023
Accounts Receivable-$901-
Total Assets$1,121,519$1,149,828▲ $28,309
Other Assets Total$134,834$172,553▲ $37,719
Liabilities
Accounts Payable and Accrued Expenses$32,965$35,635▲ $2,670
Other Liabilities$13,889$33,121▲ $19,232
Deferred Revenue-$207-
Total Liabilities$46,854$68,963▲ $22,109
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,012,600$2,012,600→ $0
Net Assets Without Donor Restrictions$-937,935$-931,735▲ $6,200
Total Net Assets Fund Balance$1,074,665$1,080,865▲ $6,200
Total Liabilities and Net Assets / Fund Balance$1,121,519$1,149,828▲ $28,309

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$634,169$1,562,684$2,196,853
Other Land Buildings$226,768$119,565$346,333
Land$60,000-$60,000
Equipment$952$40,427$41,379
Other Assets Org$18,833--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Sharon Wilson GenoAsst Sec/tre$481,819$481,819
Joseph BudzynskiAsst Sec/tre$418,633$418,633
Kimberly KingAsst. Sec/tr$379,950$379,950
Nancy GavinAsst. Sec/tr$280,140$280,140
Milford W MoyerAsst. Sec/tr$279,559$279,559
Peter DesjardinsAsst. Sec/tr$277,573$277,573
David PaskoffAsst. Sec/tr$178,208$178,208
Faith NutzAsst. Sec/tr$168,560$168,560

Board Members and Trustees

NameTitle
Patti ArnoldChairperson
Michael W KingPresident
Nancy RaseVice Chair
Andy EdeburnDirector
Beth MullenDirector
Derrick PerkinsDirector
Edwina CarringtonDirector
Jeanne PetersenDirector
Karen EricksonDirector
Keith KnappDirector
Pierre VigilanceDirector
Shawn BloomDirector
Voris VigeeDirector
Joseph BudzynskiAsst Sec/treas & CFO
Sharon Wilson GenoAsst Sec/treas & COO
David PaskoffAsst. Sec/treas
Faith NutzAsst. Sec/treas
Kimberly KingAsst. Sec/treas
Milford W MoyerAsst. Sec/treas
Nancy GavinAsst. Sec/treas
Peter DesjardinsAsst. Sec/treas
Thomas DolanSecretary
Jane BurksTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$427,879
Investment Income
$3,004
Other Revenue
$0
Change in Net Assets
$6,200

Audited Revenue Reconciliation

Revenue per Audited Statements
$430,883
Total Revenue per Audited Statements
$430,883
Total Revenue per Form 990
$430,883
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$299,523
Salaries, Compensation, and Employee Benefits$125,160
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$108,266--$108,266
Depreciation Depletion$81,593--$81,593
Occupancy$47,887--$47,887
Fees for Services Management-$25,609-$25,609
Office Expenses$17,291--$17,291
Advertising$12,038--$12,038
Fees for Services Accounting-$10,018-$10,018
Payroll Taxes$9,296--$9,296
Other Employee Benefits$7,598--$7,598
Other Expenses$4,639--$4,639
Insurance$1,902--$1,902
Conferences and Meetings-$559-$559
All Other Expenses$375--$375
Total Functional Expenses$388,497$36,186$0$424,683

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$424,683
Total Expenses per Audited Statements$424,683
Total Expenses per Form 990$424,683
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
Residual Receipts in Excess$18,391
Tenant Security Deposits$14,730
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

Michael king president dir and/or officer of voa peter desjardins asst. Sec./a 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 black king asst. Sec./t 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 northern rockiespursuant 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
Torrington Voa Elderly Housing Inc
EIN
58-1805618
Phone
7033415000
Address
1660 DUKE STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Peter Desjardins
Title
Asst. Sec/treas
Phone
7033415000
Signed
2023-10-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Desjardins
Formed
1993
Legal Domicile
Wy
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
Raw XML AppendixShowing 400 of 2,672 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/BooksInCareOfDetail/PhoneNum07033415000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01660 DUKE ST
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