Civic Intelligence

Conroe Voa Elderly Housing Inc Camelot Pines

990 • Fiscal year 2019 • EIN 58-1876012

Jul 01, 2018 to Jun 30, 2019 • Filed on Sep 09, 2019

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

44th percentile

0.05x

Higher debt load relative to assets than 44% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

66th percentile

0.21x

Higher debt load relative to revenue than 66% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

16th percentile

-16%

Higher net margin than 16% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

98th percentile

$615,490

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 188.6% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

27th percentile

-2.7%

Faster asset growth than 27% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

44th percentile

1.7%

Faster revenue growth than 44% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,323,595

Down $36,979 (-2.7%) from 2018

Net Assets

Down

$1,254,610

Down $52,684 (-4.0%) from 2018

Liabilities

Up

$68,985

Up $15,705 (+29%) from 2018

Revenue

Up

$326,293

Up $5,332 (+1.7%) from 2018

Expenses

Up

$378,977

Up $13,379 (+3.7%) from 2018

Net Income

Down

-$52,684

Down $8,047 (-18%) from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,756,832Liabilities 2011: $38,256Net Assets 2011: $1,718,5762011Assets 2012: $1,705,508Liabilities 2012: $46,120Net Assets 2012: $1,659,3882012Assets 2013: $1,647,406Liabilities 2013: $55,067Net Assets 2013: $1,592,3392013Assets 2014: $1,584,032Liabilities 2014: $66,760Net Assets 2014: $1,517,2722014Assets 2015: $1,508,780Liabilities 2015: $38,242Net Assets 2015: $1,470,5382015Assets 2016: $1,460,633Liabilities 2016: $47,681Net Assets 2016: $1,412,9522016Assets 2017: $1,415,059Liabilities 2017: $63,128Net Assets 2017: $1,351,9312017Assets 2018: $1,360,574Liabilities 2018: $53,280Net Assets 2018: $1,307,2942018Assets 2019: $1,323,595Liabilities 2019: $68,985Net Assets 2019: $1,254,6102019Assets 2020: $1,267,467Liabilities 2020: $86,002Net Assets 2020: $1,181,4652020Assets 2021: $1,222,223Liabilities 2021: $93,077Net Assets 2021: $1,129,1462021Assets 2022: $1,154,153Liabilities 2022: $109,383Net Assets 2022: $1,044,7702022Assets 2023: $1,120,824Liabilities 2023: $180,137Net Assets 2023: $940,6872023Assets 2024: $1,061,708Liabilities 2024: $208,826Net Assets 2024: $852,8822024Assets 2025: $1,568,205Liabilities 2025: $804,758Net Assets 2025: $763,4472025

Highlighted filing

2019

Assets$1,323,595
Liabilities$68,985
Net Assets$1,254,610

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $351,3922011Expenses 2012: $369,5382012Expenses 2013: $380,5492013Revenue 2014: $319,576Expenses 2014: $394,643Net Income 2014: -$75,0672014Revenue 2015: $319,179Expenses 2015: $365,913Net Income 2015: -$46,7342015Revenue 2016: $321,967Expenses 2016: $379,553Net Income 2016: -$57,5862016Revenue 2017: $330,545Expenses 2017: $391,566Net Income 2017: -$61,0212017Revenue 2018: $320,961Expenses 2018: $365,598Net Income 2018: -$44,6372018Revenue 2019: $326,293Expenses 2019: $378,977Net Income 2019: -$52,6842019Revenue 2020: $344,968Expenses 2020: $418,113Net Income 2020: -$73,1452020Revenue 2021: $372,743Expenses 2021: $425,062Net Income 2021: -$52,3192021Revenue 2022: $371,161Expenses 2022: $455,537Net Income 2022: -$84,3762022Revenue 2023: $380,592Expenses 2023: $484,675Net Income 2023: -$104,0832023Revenue 2024: $401,059Expenses 2024: $488,864Net Income 2024: -$87,8052024Revenue 2025: $430,990Expenses 2025: $520,425Net Income 2025: -$89,4352025

Highlighted filing

2019

Revenue$326,293
Expenses$378,977
Net Income-$52,684
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Sep 9, 2019
Return Version
2018v3.1
Gross Receipts
$326,293
Mission and Program Overview

Mission

Provides housing for 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$1,208,754$1,159,528▼ $49,226
Cash and Non-Interest-Bearing Accounts$10,212$21,261▲ $11,049
Prepaid Expenses and Deferred Charges$13,135$14,501▲ $1,366
Accounts Receivable$295--
Total Assets$1,360,574$1,323,595▼ $36,979
Other Assets Total$128,178$128,305▲ $127
Liabilities
Accounts Payable and Accrued Expenses$27,453$42,656▲ $15,203
Other Liabilities$25,777$26,270▲ $493
Deferred Revenue$50$59▲ $9
Total Liabilities$53,280$68,985▲ $15,705
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$2,495,700-
Unrestricted Net Assets$1,307,294$-1,241,090▼ $2,548,384
Total Net Assets Fund Balance$1,307,294$1,254,610▼ $52,684
Total Liabilities and Net Assets / Fund Balance$1,360,574$1,323,595▼ $36,979

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$760,974$1,497,821$2,258,795
Land$349,963-$349,963
Other Land Buildings$48,093$61,461$109,554
Equipment$498$26,673$27,171
Other Assets Org$5,257--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Sharon Wilson GenoAsst Sec/tre$378,388$378,388
Joseph a BudzynskiAsst Sec/tre$332,153$332,153
Robert GibsonAsst. Sec/tr$332,046$332,046
Nancy a GavinAsst. Sec/tr$224,221$224,221
Faith NutzAsst. Sec/tr$133,516$133,516

Board Members and Trustees

NameTitle
Jane BurksBoard Chair
Michael W KingPresident
David C KikumotoVice Chairma
Andrew EdeburnDirector
James LeblancDirector
Jeanne PetersenDirector
Karen DaleDirector
Keith KnappDirector
Michael SullivanDirector
Nancy RaseDirector
Shawn BloomDirector
Stephen WakefieldDirector
Thomas DolanDirector
Joseph a BudzynskiAsst Sec/treas & CFO
Sharon Wilson GenoAsst Sec/treas & COO
Cynthia R KellerAsst. Sec.
Patrick N SheridanAsst. Sec.
Nancy a GavinAsst. Sec/treas
Robert GibsonAsst. Sec/treas
Edwina CarringtonSecretary
Patti ArnoldTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Volunteers Of America Texas INCMgmt, P/r, Acct300 E MIDWAY ROAD, Euless, TX 76039$198,452
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$325,328
Investment Income
$965
Other Revenue
$0
Change in Net Assets
$-52,684

Audited Revenue Reconciliation

Revenue per Audited Statements
$326,293
Total Revenue per Audited Statements
$326,293
Total Revenue per Form 990
$326,293
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$238,610
Salaries, Compensation, and Employee Benefits$140,367
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$105,922--$105,922
Depreciation Depletion$66,273--$66,273
Fees for Services Management-$50,350-$50,350
Occupancy$49,925--$49,925
Other Employee Benefits$26,871--$26,871
Fees for Services Accounting-$15,136-$15,136
Office Expenses$14,710--$14,710
Payroll Taxes$7,574--$7,574
Advertising$2,360--$2,360
Insurance$1,511--$1,511
Conferences and Meetings-$687-$687
Other Expenses$675$3,250-$675
All Other Expenses$655--$655
Total Functional Expenses$309,554$69,423$0$378,977

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$378,977
Total Expenses per Audited Statements$378,977
Total Expenses per Form 990$378,977
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$26,270
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 sharon wilson geno 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 faith nutz 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 volunteers of america texas, 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, inc. Has the right to approve or appoint 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
Conroe Voa Elderly Housing Inc
EIN
58-1876012
Phone
7033415000
Address
1660 DUKE STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Joseph a Budzynski
Title
Asst Sec/treas & CFO
Phone
7033415000
Signed
2019-09-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph a Budzynski
Formed
1990
Legal Domicile
TX
Voting Board Members
15
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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IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15ASST SEC/TRE
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IRS990/Form990PartVIISectionAGrp/TitleTxt18ASST. SEC.
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt35257
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.80$0.76$0.43$0.52$0.09
2024Summary only. Only limited summary data is available for this year.$1.06$0.21$0.85$0.40$0.49$0.09
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.18$0.94$0.38$0.48$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.15$0.11$1.04$0.37$0.46$0.08
2021Summary only. Only limited summary data is available for this year.$1.22$0.09$1.13$0.37$0.43$0.05
2020Summary only. Only limited summary data is available for this year.$1.27$0.09$1.18$0.34$0.42$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.32$0.07$1.25$0.33$0.38$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.05$1.31$0.32$0.37$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.06$1.35$0.33$0.39$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.46$0.05$1.41$0.32$0.38$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.51$0.04$1.47$0.32$0.37$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.58$0.07$1.52$0.32$0.39$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.06$1.59$0.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$0.05$1.66$0.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.04$1.72$0.35
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $1M-$5M nonprofits