Civic Intelligence

Kansas Voa Elderly Housing Inc Saline Apartments

990 • Fiscal year 2014 • EIN 58-1876014

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 10, 2014

1660 Duke Street22314

(703) 341-5000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.94x

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

95th percentile

3.28x

Higher debt load relative to revenue than 95% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

69th percentile

12%

Higher net margin than 69% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

99th percentile

$487,861

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 179.6% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

39th percentile

-0.7%

Faster asset growth than 39% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$952,323

Down $6,504 (-0.7%) from 2013

Net Assets

Up

$61,539

Up $31,958 (+108%) from 2013

Liabilities

Down

$890,784

Down $38,462 (-4.1%) from 2013

Revenue

$271,654

No earlier filing loaded for comparison.

Expenses

Down

$239,696

Down $5,016 (-2.0%) from 2013

Net Income

$31,958

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $917,702Liabilities 2011: $929,282Net Assets 2011: -$11,5802011Assets 2012: $916,508Liabilities 2012: $913,949Net Assets 2012: $2,5592012Assets 2013: $958,827Liabilities 2013: $929,246Net Assets 2013: $29,5812013Assets 2014: $952,323Liabilities 2014: $890,784Net Assets 2014: $61,5392014Assets 2015: $940,983Liabilities 2015: $881,029Net Assets 2015: $59,9542015Assets 2016: $941,837Liabilities 2016: $867,471Net Assets 2016: $74,3662016Assets 2017: $911,568Liabilities 2017: $839,730Net Assets 2017: $71,8382017Assets 2018: $920,637Liabilities 2018: $808,894Net Assets 2018: $111,7432018Assets 2019: $874,620Liabilities 2019: $747,238Net Assets 2019: $127,3822019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2014

Assets$952,323
Liabilities$890,784
Net Assets$61,539

Operations Trend

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

$400K$200K$0-$200K-$400K-$600KExpenses 2011: $241,8422011Expenses 2012: $253,5072012Expenses 2013: $244,7122013Revenue 2014: $271,654Expenses 2014: $239,696Net Income 2014: $31,9582014Revenue 2015: $254,927Expenses 2015: $256,512Net Income 2015: -$1,5852015Revenue 2016: $274,742Expenses 2016: $260,330Net Income 2016: $14,4122016Revenue 2017: $264,042Expenses 2017: $266,570Net Income 2017: -$2,5282017Revenue 2018: $281,880Expenses 2018: $241,975Net Income 2018: $39,9052018Revenue 2019: $286,135Expenses 2019: $270,496Net Income 2019: $15,6392019Revenue 2020: -$274,118Expenses 2020: $199,622Net Income 2020: -$473,7402020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022

Highlighted filing

2014

Revenue$271,654
Expenses$239,696
Net Income$31,958
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 10, 2014
Return Version
2013v3.1
Gross Receipts
$271,654
Mission and Program Overview

Mission

Provides housing for the 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$693,247$670,790▼ $22,457
Cash and Non-Interest-Bearing Accounts$37,245$60,747▲ $23,502
Prepaid Expenses and Deferred Charges$6,073$5,981▼ $92
Accounts Receivable$225$84▼ $141
Total Assets$958,827$952,323▼ $6,504
Other Assets Total$222,037$214,721▼ $7,316
Liabilities
Mortgage Notes Payable Secured by Investment Property$868,308$846,940▼ $21,368
Accounts Payable and Accrued Expenses$49,806$28,606▼ $21,200
Other Liabilities$11,115$15,238▲ $4,123
Deferred Revenue$17--
Total Liabilities$929,246$890,784▼ $38,462
Net Assets / Fund Balance
Unrestricted Net Assets$29,581$61,539▲ $31,958
Total Net Assets Fund Balance$29,581$61,539▲ $31,958
Total Liabilities and Net Assets / Fund Balance$958,827$952,323▼ $6,504

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$486,785$572,949$1,059,734
Land$160,800-$160,800
Other Land Buildings$23,205$58,295$81,500
Equipment-$4,501$4,501
Other Assets Org$350--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Michael W KingPresident/di$487,861$487,861
Thomas D TurnbullAsst. Sec/tr$340,573$340,573
David T BowmanAsst. Sec/tr$281,374$281,374
Joseph a BudzynskiAsst. Sec/tr$246,967$246,967
Nancy GavinAsst Sec/tre$212,691$212,691
Deborah PerryAsst. Sec/tr$181,587$181,587

Board Members and Trustees

NameTitle
C David KikumotoChair
Michael W KingPresident/direc
Shawn BloomVice Chair
Ann SchnareDirector
Carlos MaeseDirector
John MorlandDirector
Karen DaleDirector
Michael SpilaneDirector
Michael SullivanDirector
Steve WakefieldDirector
Wilfred N Cooper SrDirector
Nancy GavinAsst Sec/treas
Patrick SheridanAsst. Sec.
Robin KellerAsst. Sec.
David T BowmanAsst. Sec/treas
Deborah PerryAsst. Sec/treas
Thomas D TurnbullAsst. Sec/treas
Joseph a BudzynskiAsst. Sec/treas, CFO
Robert D GibsonKey Employee
Wayne C OlsonKey Employee
Carol MooreSecretary
Nancy J FeldmanTreasurer/di
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$269,684
Investment Income
$1,970
Other Revenue
$0
Change in Net Assets
$31,958

Audited Revenue Reconciliation

Revenue per Audited Statements
$271,654
Total Revenue per Audited Statements
$271,654
Total Revenue per Form 990
$271,654
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$214,267
Salaries, Compensation, and Employee Benefits$25,429
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$89,731--$89,731
Depreciation Depletion$44,139--$44,139
Other Salaries and Wages$20,922--$20,922
Fees for Services Management-$16,091-$16,091
Fees for Services Accounting-$7,467-$7,467
Office Expenses$5,671--$5,671
Other Employee Benefits$2,989--$2,989
Conferences and Meetings$2,246--$2,246
Payroll Taxes$1,518--$1,518
Advertising$1,334--$1,334
Insurance$1,172--$1,172
Other Expenses$143--$143
Fees for Services Legal-$12-$12
Total Functional Expenses$216,126$23,570$0$239,696

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$239,696
Total Expenses per Audited Statements$239,696
Total Expenses per Form 990$239,696
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$11,768
Misc Liabilties$3,470
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 david bowman asst. Sec./a 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

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 oklahoma 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

EIN
58-1876014
Phone
7033415000

Signing Officer

Name
Thomas D Turnbull
Title
Asst. Sec/treas
Phone
7033415000
Signed
2014-11-10
Discuss with paid preparer
Yes

Organization Details

Formed
1990
Legal Domicile
Ks
Voting Board Members
13
Independent Board Members
11
Employees
0

Preparer

Preparer
William B Beale
Phone
2259263360
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER/DI
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt14ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt15ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt16ASST. SEC.
IRS990/Form990PartVIISectionAGrp/TitleTxt17ASST SEC/TRE
IRS990/Form990PartVIISectionAGrp/TitleTxt18ASST. SEC.
IRS990/Form990PartVIISectionAGrp/TitleTxt19ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt20KEY EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21KEY EMPLOYEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0271654
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt011
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt01172
IRS990/InsuranceGrp/TotalAmt01172
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IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0635745
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0693247
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0670790
IRS990/LandBldgEquipCostOrOtherBssAmt01306535
IRS990/LegalDomicileStateCd0KS
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDES HOUSING FOR THE ELDERLY AND DISABLED PERSONS AND FAMILIES UNDER SECTION 202 OF THE NATIONAL HOUSING ACT UNDER AN AGREEMENT WITH THE DEPARTMENT OF HUD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0868308
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0846940
IRS990/NetAssetsOrFundBalancesBOYAmt029581
IRS990/NetAssetsOrFundBalancesEOYAmt061539
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt089731
IRS990/OccupancyGrp/TotalAmt089731
IRS990/OfficeExpensesGrp/ProgramServicesAmt05671
IRS990/OfficeExpensesGrp/TotalAmt05671
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0222037
IRS990/OtherAssetsTotalGrp/EOYAmt0214721
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02989
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02989
IRS990/OtherExpensesGrp/Desc0OPERATING & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1SERVICE COORDINATOR
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE
IRS990/OtherExpensesGrp/Desc3MISC TAXES
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IRS990/OtherExpensesGrp/ProgramServicesAmt116609
IRS990/OtherExpensesGrp/ProgramServicesAmt22552
IRS990/OtherExpensesGrp/ProgramServicesAmt3143
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IRS990/OtherExpensesGrp/TotalAmt116609
IRS990/OtherExpensesGrp/TotalAmt22552
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IRS990/OtherLiabilitiesGrp/BOYAmt011115
IRS990/OtherLiabilitiesGrp/EOYAmt015238
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt020922
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IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt01518
IRS990/PayrollTaxesGrp/TotalAmt01518
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06073
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IRS990/PYInvestmentIncomeAmt0965
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IRS990/PYTotalRevenueAmt0271734
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01031
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02101
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0269684
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0270769
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0265404
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0256922
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0273098
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01335877
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01970
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0965
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02242
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01031
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02101
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IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99380
IRS990ScheduleA/PublicSupportPY509Pct00.99280
IRS990ScheduleA/PublicSupportTotal509Amt01335877
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0269684
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0265404
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0256922
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0273098
IRS990ScheduleA/Total509Grp/TotalAmt01335877
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0271654
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0271734
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0267646

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.00$0.00$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$0.00$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$2.74$2.00$4.74
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.75$7.47$1.27$2.86$2.70$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.21$8.09$1.12$2.82$2.42$0.40
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.12$8.40$0.72$2.64$2.67$0.03
2016Summary only. Only limited summary data is available for this year.$9.42$8.67$0.74$2.75$2.60$0.14
2015Detailed filing. Detailed filing data is available for this year.$9.41$8.81$0.60$2.55$2.57$0.02
2014Detailed filing. Detailed filing data is available for this year.$9.52$8.91$0.62$2.72$2.40$0.32
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.59$9.29$0.30$2.45
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.17$9.14$0.03$2.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.18$9.29$0.12$2.42