Civic Intelligence

Conroe Voa Elderly Housing Inc Camelot Pines

990 • Fiscal year 2021 • EIN 58-1876012

Jul 01, 2020 to Jun 30, 2021 • Filed on Sep 13, 2021

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

52nd percentile

0.08x

Higher debt load relative to assets than 52% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

69th percentile

0.25x

Higher debt load relative to revenue than 69% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

13th percentile

-14%

Higher net margin than 13% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

99th percentile

$676,817

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 181.6% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

16th percentile

-3.6%

Faster asset growth than 16% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

45th percentile

8.1%

Faster revenue growth than 45% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Flat

$1,222,223

Flat from 2021

Net Assets

Flat

$1,129,146

Flat from 2021

Liabilities

Flat

$93,077

Flat from 2021

Revenue

Flat

$372,743

Flat from 2021

Expenses

Flat

$425,062

Flat from 2021

Net Income

Flat

-$52,319

Flat from 2021

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 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

2021

Assets$1,222,223
Liabilities$93,077
Net Assets$1,129,146

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 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

2021

Revenue$372,743
Expenses$425,062
Net Income-$52,319
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Sep 13, 2021
Return Version
2020v4.0
Gross Receipts
$372,743
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$1,093,239$1,038,144▼ $55,095
Prepaid Expenses and Deferred Charges$24,600$26,690▲ $2,090
Cash and Non-Interest-Bearing Accounts$26,139$10,124▼ $16,015
Accounts Receivable$281--
Total Assets$1,267,467$1,222,223▼ $45,244
Other Assets Total$123,208$147,265▲ $24,057
Liabilities
Accounts Payable and Accrued Expenses$58,903$68,595▲ $9,692
Other Liabilities$26,791$24,482▼ $2,309
Deferred Revenue$308--
Total Liabilities$86,002$93,077▲ $7,075
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,495,700$2,495,700→ $0
Net Assets Without Donor Restrictions$-1,314,235$-1,366,554▼ $52,319
Total Net Assets Fund Balance$1,181,465$1,129,146▼ $52,319
Total Liabilities and Net Assets / Fund Balance$1,267,467$1,222,223▼ $45,244

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$650,851$1,607,944$2,258,795
Land$349,963-$349,963
Other Land Buildings$34,727$81,865$116,592
Equipment$2,603$27,563$30,166
Other Assets Org$10,295--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Sharon Wilson GenoAsst Sec/tre$459,476$459,476
Joseph BudzynskiAsst Sec/tre$366,802$366,802
Kimberly KingAsst. Sec/tr$272,723$272,723
Nancy GavinAsst. Sec/tr$241,852$241,852
Peter DesjardinsAsst. Sec/tr$226,881$226,881
Faith NutzAsst. Sec/tr$136,926$136,926

Board Members and Trustees

NameTitle
Patti ArnoldChairperson
Michael W KingPresident
Nancy RaseVice Chair
Andy EdeburnDirector
Beth MullenDirector
Derrick PerkinsDirector
Edwina CarringtonDirector
James LeblancDirector
Jeanne PetersenDirector
Karen DaleDirector
Keith KnappDirector
Shawn BloomDirector
Stephen WakefieldDirector
Joseph BudzynskiAsst Sec/treas & CFO
Sharon Wilson GenoAsst Sec/treas & COO
Kimberly KingAsst. Sec/treas
Nancy GavinAsst. Sec/treas
Peter DesjardinsAsst. Sec/treas
Thomas DolanSecretary
Jane BurksTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Volunteers Of America Texas INCMgmt, P/r, Acct300 E MIDWAY ROAD, Euless, TX 76039$221,849
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$372,720
Investment Income
$23
Other Revenue
$0
Change in Net Assets
$-52,319

Audited Revenue Reconciliation

Revenue per Audited Statements
$372,743
Total Revenue per Audited Statements
$372,743
Total Revenue per Form 990
$372,743
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$262,835
Salaries, Compensation, and Employee Benefits$162,227
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$124,454--$124,454
Occupancy$66,420--$66,420
Depreciation Depletion$65,128--$65,128
Fees for Services Management-$50,350-$50,350
Other Employee Benefits$28,640--$28,640
Fees for Services Accounting-$19,846-$19,846
Office Expenses$16,950--$16,950
Payroll Taxes$9,133--$9,133
Advertising$2,411--$2,411
Insurance$1,373--$1,373
Conferences and Meetings-$197-$197
Other Expenses$85--$85
Total Functional Expenses$354,669$70,393$0$425,062

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$425,062
Total Expenses per Audited Statements$425,062
Total Expenses per Form 990$425,062
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$24,482
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 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 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 sharon wilson geno asst. Sec/a dir and/or officer of voa kimberly b. King asst. Sec/tr 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 Budzynski
Title
Asst Sec/treas & CFO
Phone
7033415000
Signed
2021-09-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Budzynski
Formed
1990
Legal Domicile
TX
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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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1ASST SEC/TRE
IRS990/Form990PartVIISectionAGrp/TitleTxt2ASST SEC/TRE
IRS990/Form990PartVIISectionAGrp/TitleTxt3ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt4ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt5ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt6ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
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IRS990/GrossReceiptsAmt0372743
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IRS990/LegalDomicileStateCd0TX
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IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDES HOUSING FOR ELDERLY AND DISABLED PERSONS AND FAMILIES UNDER SECTION 202 OF THE NATIONAL HOUSING ACT UNDER AN AGREEMENT WITH THE DEPARTMENT OF HUD.
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IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01181465
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IRS990/OperateHospitalInd0false
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt028640
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IRS990/OtherExpensesGrp/Desc1SERVICE COORDINATOR
IRS990/OtherExpensesGrp/Desc2MISC. ADMINISTRATIVE
IRS990/OtherExpensesGrp/Desc3MISC TAXES & LICENSES
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IRS990/OtherExpensesGrp/ProgramServicesAmt19072
IRS990/OtherExpensesGrp/ProgramServicesAmt23549
IRS990/OtherExpensesGrp/ProgramServicesAmt385
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990/PrincipalOfficerNm0JOSEPH BUDZYNSKI
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0319802
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0329718
IRS990ScheduleA/Total509Grp/TotalAmt01691255
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0320961
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0330545
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01695510
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0650851
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01607944
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02258795
IRS990ScheduleD/EquipmentGrp/BookValueAmt02603
IRS990ScheduleD/EquipmentGrp/DepreciationAmt027563
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt030166
IRS990ScheduleD/ExpensesSubtotalAmt0425062
IRS990ScheduleD/LandGrp/BookValueAmt0349963
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0349963
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt093460
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt127096
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt216414
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt310295
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt034727
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt081865

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.$1.57$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
2021Detailed filing. Detailed filing data is available for this year.$1.22$0.09$1.13$0.37$0.43$0.05
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
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$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. 2021 filings • 501(c)3 • $1M-$5M nonprofits