Civic Intelligence

Conroe Voa Elderly Housing Inc Camelot Pines

990 • Fiscal year 2023 • EIN 58-1876012

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 16, 2023

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

64th percentile

0.16x

Higher debt load relative to assets than 64% of similar nonprofits.

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

Liabilities / Revenue

79th percentile

0.47x

Higher debt load relative to revenue than 79% of similar nonprofits.

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

Net Margin

12th percentile

-27%

Higher net margin than 12% of similar nonprofits.

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

Top Officer Pay

99th percentile

$771,971

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 202.8% of source-year revenue.

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

Asset Growth

26th percentile

-2.9%

Faster asset growth than 26% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

42nd percentile

2.5%

Faster revenue growth than 42% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$1,120,824

Down $33,329 (-2.9%) from 2022

Net Assets

Down

$940,687

Down $104,083 (-10.0%) from 2022

Liabilities

Up

$180,137

Up $70,754 (+65%) from 2022

Revenue

Up

$380,592

Up $9,431 (+2.5%) from 2022

Expenses

Up

$484,675

Up $29,138 (+6.4%) from 2022

Net Income

Down

-$104,083

Down $19,707 (-23%) from 2022

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

2023

Assets$1,120,824
Liabilities$180,137
Net Assets$940,687

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

2023

Revenue$380,592
Expenses$484,675
Net Income-$104,083
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 16, 2023
Return Version
2022v5.0
Gross Receipts
$380,592
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$972,961$936,205▼ $36,756
Prepaid Expenses and Deferred Charges$29,198$40,115▲ $10,917
Cash and Non-Interest-Bearing Accounts$298$10,073▲ $9,775
Accounts Receivable$84$735▲ $651
Total Assets$1,154,153$1,120,824▼ $33,329
Other Assets Total$151,612$133,696▼ $17,916
Liabilities
Accounts Payable and Accrued Expenses$80,032$153,893▲ $73,861
Other Liabilities$27,921$25,730▼ $2,191
Deferred Revenue$1,430$514▼ $916
Total Liabilities$109,383$180,137▲ $70,754
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,495,700$2,495,700→ $0
Net Assets Without Donor Restrictions$-1,450,930$-1,555,013▼ $104,083
Total Net Assets Fund Balance$1,044,770$940,687▼ $104,083
Total Liabilities and Net Assets / Fund Balance$1,154,153$1,120,824▼ $33,329

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$568,321$1,696,764$2,265,085
Land$349,963-$349,963
Other Land Buildings$16,174$88,363$104,537
Equipment$1,747$25,789$27,536
Other Assets Org$796--
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
$378,150
Investment Income
$2,442
Other Revenue
$0
Change in Net Assets
$-104,083

Audited Revenue Reconciliation

Revenue per Audited Statements
$380,592
Total Revenue per Audited Statements
$380,592
Total Revenue per Form 990
$380,592
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$303,833
Salaries, Compensation, and Employee Benefits$180,842
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$134,498--$134,498
Occupancy$87,196--$87,196
Depreciation Depletion$63,331--$63,331
Fees for Services Management-$46,565-$46,565
Other Employee Benefits$37,902--$37,902
Fees for Services Accounting-$20,148-$20,148
Office Expenses$15,673--$15,673
Payroll Taxes$8,442--$8,442
Advertising$2,243--$2,243
Insurance$1,466--$1,466
Other Expenses$530--$530
Conferences and Meetings-$330-$330
Total Functional Expenses$417,632$67,043$0$484,675

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$484,675
Total Expenses per Audited Statements$484,675
Total Expenses per Form 990$484,675
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$25,730
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 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
Peter Desjardins
Title
Asst. Sec/treas
Phone
7033415000
Signed
2023-10-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Desjardins
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/TitleTxt12DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
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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
2023Detailed filing. Detailed filing data is available for this year.$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
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. 2023 filings • 501(c)3 • $1M-$5M nonprofits