Civic Intelligence

Cleveland Voa Elderly Housing Inc Azalea Terrace Apartments

EIN 58-1917699 • 501(c)3 • Alexandria, VA

Profile

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.

Refreshing map…

1660 Duke StreetAlexandria, VA 22314
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

46th percentile

0.05x

Higher debt load relative to assets than 46% of similar nonprofits.

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

Liabilities / Revenue

62nd percentile

0.15x

Higher debt load relative to revenue than 62% of similar nonprofits.

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

Net Margin

26th percentile

-6.5%

Higher net margin than 26% of similar nonprofits.

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

Top Officer Pay

99th percentile

$868,407

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 196.6% of source-year revenue.

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

Asset Growth

36th percentile

-0.9%

Faster asset growth than 36% of similar nonprofits.

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

Revenue Growth

62nd percentile

15%

Faster revenue growth than 62% of similar nonprofits.

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

Assets

Down

$1,422,847

Down $12,440 (-0.9%) from 2024

Liabilities

Up

$66,499

Up $16,283 (+32%) from 2024

Net Assets

Down

$1,356,348

Down $28,723 (-2.1%) from 2024

Revenue

Up

$441,684

Up $58,781 (+15%) from 2024

Expenses

Down

$470,407

Down $1,396 (-0.3%) from 2024

Net Income

Up

-$28,723

Up $60,177 (+68%) from 2024

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,069,278Liabilities 2010: $46,761Net Assets 2010: $2,022,5172010Assets 2011: $2,009,068Liabilities 2011: $31,470Net Assets 2011: $1,977,5982011Assets 2012: $1,992,383Liabilities 2012: $51,525Net Assets 2012: $1,940,8582012Assets 2013: $1,943,209Liabilities 2013: $67,087Net Assets 2013: $1,876,1222013Assets 2014: $1,867,656Liabilities 2014: $48,478Net Assets 2014: $1,819,1782014Assets 2015: $1,795,236Liabilities 2015: $29,745Net Assets 2015: $1,765,4912015Assets 2016: $1,769,788Liabilities 2016: $44,259Net Assets 2016: $1,725,5292016Assets 2017: $1,733,261Liabilities 2017: $41,829Net Assets 2017: $1,691,4322017Assets 2018: $1,689,999Liabilities 2018: $34,993Net Assets 2018: $1,655,0062018Assets 2019: $1,644,562Liabilities 2019: $52,105Net Assets 2019: $1,592,4572019Assets 2020: $1,790,464Liabilities 2020: $63,866Net Assets 2020: $1,726,5982020Assets 2021: $1,701,706Liabilities 2021: $49,923Net Assets 2021: $1,651,7832021Assets 2022: $1,641,129Liabilities 2022: $92,390Net Assets 2022: $1,548,7392022Assets 2023: $1,641,314Liabilities 2023: $167,343Net Assets 2023: $1,473,9712023Assets 2024: $1,435,287Liabilities 2024: $50,216Net Assets 2024: $1,385,0712024Assets 2025: $1,422,847Liabilities 2025: $66,499Net Assets 2025: $1,356,3482025

Highlighted filing

2025

Assets$1,422,847
Liabilities$66,499
Net Assets$1,356,348

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $303,9452010Expenses 2011: $334,0402011Expenses 2012: $328,6392012Expenses 2013: $357,3852013Revenue 2014: $292,780Expenses 2014: $349,724Net Income 2014: -$56,9442014Revenue 2015: $280,785Expenses 2015: $334,472Net Income 2015: -$53,6872015Revenue 2016: $292,203Expenses 2016: $332,165Net Income 2016: -$39,9622016Revenue 2017: $307,511Expenses 2017: $341,608Net Income 2017: -$34,0972017Revenue 2018: $295,358Expenses 2018: $331,784Net Income 2018: -$36,4262018Revenue 2019: $303,491Expenses 2019: $366,040Net Income 2019: -$62,5492019Revenue 2020: $499,238Expenses 2020: $365,097Net Income 2020: $134,1412020Revenue 2021: $300,858Expenses 2021: $375,673Net Income 2021: -$74,8152021Revenue 2022: $294,287Expenses 2022: $397,331Net Income 2022: -$103,0442022Revenue 2023: $360,824Expenses 2023: $435,592Net Income 2023: -$74,7682023Revenue 2024: $382,903Expenses 2024: $471,803Net Income 2024: -$88,9002024Revenue 2025: $441,684Expenses 2025: $470,407Net Income 2025: -$28,7232025

Highlighted filing

2025

Revenue$441,684
Expenses$470,407
Net Income-$28,723

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.07$1.36$0.44$0.47$0.03
2024Summary only. Only limited summary data is available for this year.$1.44$0.05$1.39$0.38$0.47$0.09
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$0.17$1.47$0.36$0.44$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$0.09$1.55$0.29$0.40$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.05$1.65$0.30$0.38$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.79$0.06$1.73$0.50$0.37$0.13
2019Summary only. Only limited summary data is available for this year.$1.64$0.05$1.59$0.30$0.37$0.06
2018Summary only. Only limited summary data is available for this year.$1.69$0.03$1.66$0.30$0.33$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.73$0.04$1.69$0.31$0.34$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.04$1.73$0.29$0.33$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.80$0.03$1.77$0.28$0.33$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.87$0.05$1.82$0.29$0.35$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$0.07$1.88$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.05$1.94$0.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$0.03$1.98$0.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.07$0.05$2.02$0.30
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
$360,824
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$814,250$763,434▼ $50,816
Accounts Receivable$12,475$42,295▲ $29,820
Prepaid Expenses and Deferred Charges$27,343$31,483▲ $4,140
Cash and Non-Interest-Bearing Accounts$4,434$2,133▼ $2,301
Total Assets$1,641,129$1,641,314▲ $185
Other Assets Total$782,627$801,969▲ $19,342
Liabilities
Accounts Payable and Accrued Expenses$74,729$147,941▲ $73,212
Other Liabilities$17,661$17,497▼ $164
Deferred Revenue-$1,905-
Total Liabilities$92,390$167,343▲ $74,953
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,981,500$1,981,500→ $0
Net Assets Without Donor Restrictions$-432,761$-507,529▼ $74,768
Total Net Assets Fund Balance$1,548,739$1,473,971▼ $74,768
Total Liabilities and Net Assets / Fund Balance$1,641,129$1,641,314▲ $185

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$572,840$1,227,000$1,799,840
Other Land Buildings$113,163$201,938$315,101
Land$66,935-$66,935
Equipment$10,496$9,750$20,246
Other Assets Org$6,700--
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
$342,093
Investment Income
$18,731
Other Revenue
$0
Change in Net Assets
$-74,768

Audited Revenue Reconciliation

Revenue per Audited Statements
$360,824
Total Revenue per Audited Statements
$360,824
Total Revenue per Form 990
$360,824
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$282,448
Salaries, Compensation, and Employee Benefits$153,144
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$126,757--$126,757
Occupancy$80,022--$80,022
Depreciation Depletion$78,702--$78,702
Fees for Services Management-$30,726-$30,726
Other Employee Benefits$16,824--$16,824
Fees for Services Accounting-$16,176-$16,176
Office Expenses$14,218--$14,218
Payroll Taxes$9,563--$9,563
Fees for Services Legal-$2,300-$2,300
Advertising$2,237--$2,237
Insurance$1,736--$1,736
Conferences and Meetings-$846-$846
Other Expenses$362--$362
Total Functional Expenses$385,544$50,048$0$435,592

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$435,592
Total Expenses per Audited Statements$435,592
Total Expenses per Form 990$435,592
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$17,497
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 sharon wilson geno 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 kimberly black king asst. Sec./a dir and/or officer of voa peter desjardins asst. Sec./a 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 greater ohio 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

Filer Name
Cleveland Voa Elderly Housing Inc
EIN
58-1917699
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
1991
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
Raw XML AppendixShowing 400 of 2,675 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.

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