Civic Intelligence

Grand Junction Voa Elderly Housing Grand View

990 • Fiscal year 2016 • EIN 58-2013960

Jul 01, 2015 to Jun 30, 2016 • Filed on Sep 13, 2016

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

31st percentile

0.02x

Higher debt load relative to assets than 31% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

50th percentile

0.11x

Higher debt load relative to revenue than 50% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

16th percentile

-18%

Higher net margin than 16% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

98th percentile

$508,612

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 111.3% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

27th percentile

-3.5%

Faster asset growth than 27% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

26th percentile

-7.8%

Faster revenue growth than 26% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$2,223,368

Down $80,312 (-3.5%) from 2015

Net Assets

Down

$2,175,110

Down $81,085 (-3.6%) from 2015

Liabilities

Up

$48,258

Up $773 (+1.6%) from 2015

Revenue

Down

$457,067

Down $38,841 (-7.8%) from 2015

Expenses

Down

$538,152

Down $7,800 (-1.4%) from 2015

Net Income

Down

-$81,085

Down $31,041 (-62%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,544,776Liabilities 2011: $36,261Net Assets 2011: $2,508,5152011Assets 2012: $2,467,387Liabilities 2012: $40,705Net Assets 2012: $2,426,6822012Assets 2013: $2,404,286Liabilities 2013: $40,174Net Assets 2013: $2,364,1122013Assets 2014: $2,355,837Liabilities 2014: $49,598Net Assets 2014: $2,306,2392014Assets 2015: $2,303,680Liabilities 2015: $47,485Net Assets 2015: $2,256,1952015Assets 2016: $2,223,368Liabilities 2016: $48,258Net Assets 2016: $2,175,1102016Assets 2017: $2,154,266Liabilities 2017: $52,901Net Assets 2017: $2,101,3652017Assets 2018: $2,081,897Liabilities 2018: $48,197Net Assets 2018: $2,033,7002018Assets 2019: $2,041,953Liabilities 2019: $59,503Net Assets 2019: $1,982,4502019Assets 2020: $1,980,612Liabilities 2020: $79,415Net Assets 2020: $1,901,1972020Assets 2021: $1,820,063Liabilities 2021: $65,440Net Assets 2021: $1,754,6232021Assets 2022: $1,768,765Liabilities 2022: $78,530Net Assets 2022: $1,690,2352022Assets 2023: $1,665,350Liabilities 2023: $127,530Net Assets 2023: $1,537,8202023Assets 2024: $1,660,088Liabilities 2024: $154,265Net Assets 2024: $1,505,8232024Assets 2025: $1,554,381Liabilities 2025: $42,727Net Assets 2025: $1,511,6542025

Highlighted filing

2016

Assets$2,223,368
Liabilities$48,258
Net Assets$2,175,110

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $463,8522011Expenses 2012: $487,8352012Expenses 2013: $476,5152013Revenue 2014: $430,022Expenses 2014: $487,895Net Income 2014: -$57,8732014Revenue 2015: $495,908Expenses 2015: $545,952Net Income 2015: -$50,0442015Revenue 2016: $457,067Expenses 2016: $538,152Net Income 2016: -$81,0852016Revenue 2017: $453,436Expenses 2017: $527,181Net Income 2017: -$73,7452017Revenue 2018: $473,122Expenses 2018: $540,787Net Income 2018: -$67,6652018Revenue 2019: $489,756Expenses 2019: $541,006Net Income 2019: -$51,2502019Revenue 2020: $503,971Expenses 2020: $585,224Net Income 2020: -$81,2532020Revenue 2021: $473,085Expenses 2021: $619,659Net Income 2021: -$146,5742021Revenue 2022: $513,924Expenses 2022: $578,312Net Income 2022: -$64,3882022Revenue 2023: $499,902Expenses 2023: $652,317Net Income 2023: -$152,4152023Revenue 2024: $569,366Expenses 2024: $601,363Net Income 2024: -$31,9972024Revenue 2025: $612,567Expenses 2025: $606,736Net Income 2025: $5,8312025

Highlighted filing

2016

Revenue$457,067
Expenses$538,152
Net Income-$81,085
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Sep 13, 2016
Return Version
2015v2.1
Gross Receipts
$457,067
Mission and Program Overview

Mission

Provides housing to 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$1,964,749$1,887,769▼ $76,980
Prepaid Expenses and Deferred Charges$11,757$11,227▼ $530
Cash and Non-Interest-Bearing Accounts$4,671$1,238▼ $3,433
Accounts Receivable$14--
Total Assets$2,303,680$2,223,368▼ $80,312
Other Assets Total$322,489$323,134▲ $645
Liabilities
Accounts Payable and Accrued Expenses$27,548$27,269▼ $279
Other Liabilities$19,935$20,867▲ $932
Deferred Revenue$2$122▲ $120
Total Liabilities$47,485$48,258▲ $773
Net Assets / Fund Balance
Unrestricted Net Assets$2,256,195$2,175,110▼ $81,085
Total Net Assets Fund Balance$2,256,195$2,175,110▼ $81,085
Total Liabilities and Net Assets / Fund Balance$2,303,680$2,223,368▼ $80,312

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,535,691$1,703,962$3,239,653
Other Land Buildings$100,081$161,286$261,367
Land$220,000-$220,000
Equipment$31,997$28,371$60,368
Other Assets Org$323,134--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Thomas D TurnbullAsst. Sec/as$379,744$379,744
Joseph a BudzynskiAsst. Sec/tr$280,916$280,916
Juanita CohenAsst. Sec/as$231,951$231,951
Nancy GavinAsst. Sec/as$201,001$201,001
Deborah PerryAsst. Sec/as$186,788$186,788

Board Members and Trustees

NameTitle
C David KikumotoBoard Chair
Michael W KingPresident
John MorlandBoard Vice C
Andy EdeburnDirector
Ann SchnareDirector
Edwina CarringtonDirector
James LeblancDirector
Jane BurksDirector
Karen DaleDirector
Michael SullivanDirector
Steve WakefieldDirector
Wilfred N Cooper SrDirector
Patrick SheridanAsst. Sec.
Robin KellerAsst. Sec.
Deborah PerryAsst. Sec/asst Treas
Juanita CohenAsst. Sec/asst Treas
Nancy GavinAsst. Sec/asst Treas
Thomas D TurnbullAsst. Sec/asst Treas
Joseph a BudzynskiAsst. Sec/treas/CFO
Robert D GibsonKey Employee
Wayne C OlsonKey Employee
Carol MooreSecretary
Nancy J FeldmanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Volunteers Of America Colorado BrancMgmt, P/r, Acct2660 LARIMER STREET, Denver, CO 80205$235,314
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$454,407
Investment Income
$2,660
Other Revenue
$0
Change in Net Assets
$-81,085

Audited Revenue Reconciliation

Revenue per Audited Statements
$457,067
Total Revenue per Audited Statements
$457,067
Total Revenue per Form 990
$457,067
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$392,120
Salaries, Compensation, and Employee Benefits$146,032
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$120,770--$120,770
Other Salaries and Wages$99,655--$99,655
Occupancy$69,609--$69,609
Fees for Services Management-$41,090-$41,090
Other Employee Benefits$36,853--$36,853
Office Expenses$23,327--$23,327
Fees for Services Accounting-$10,076-$10,076
Conferences and Meetings$9,531--$9,531
Payroll Taxes$9,524--$9,524
Insurance$2,848--$2,848
Advertising$2,264--$2,264
Other Expenses$1,116--$1,116
Total Functional Expenses$486,986$51,166$0$538,152

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$538,152
Total Expenses per Audited Statements$538,152
Total Expenses per Form 990$538,152
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$20,867
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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

Jane cohen 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 michael king president 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 colorado 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
Grand Junction Voa Elderly Housing
EIN
58-2013960
Phone
7033415000
Address
1660 DUKE STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Joseph a Budzynski
Title
Asst. Sec/treas/CFO
Phone
7033415000
Signed
2016-09-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph a Budzynski
Formed
1992
Legal Domicile
Co
Voting Board Members
14
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/PersonNm8MICHAEL SULLIVAN
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IRS990/Form990PartVIISectionAGrp/PersonNm10KAREN DALE
IRS990/Form990PartVIISectionAGrp/PersonNm11STEVE WAKEFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm12JANE BURKS
IRS990/Form990PartVIISectionAGrp/PersonNm13JAMES LEBLANC
IRS990/Form990PartVIISectionAGrp/PersonNm14THOMAS D TURNBULL
IRS990/Form990PartVIISectionAGrp/PersonNm15JOSEPH A BUDZYNSKI
IRS990/Form990PartVIISectionAGrp/PersonNm16PATRICK SHERIDAN
IRS990/Form990PartVIISectionAGrp/PersonNm17JUANITA COHEN
IRS990/Form990PartVIISectionAGrp/PersonNm18NANCY GAVIN
IRS990/Form990PartVIISectionAGrp/PersonNm19ROBIN KELLER
IRS990/Form990PartVIISectionAGrp/PersonNm20DEBORAH PERRY
IRS990/Form990PartVIISectionAGrp/PersonNm21WAYNE C OLSON
IRS990/Form990PartVIISectionAGrp/PersonNm22ROBERT D GIBSON
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD VICE C
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14ASST. SEC/AS
IRS990/Form990PartVIISectionAGrp/TitleTxt15ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt16ASST. SEC.
IRS990/Form990PartVIISectionAGrp/TitleTxt17ASST. SEC/AS
IRS990/Form990PartVIISectionAGrp/TitleTxt18ASST. SEC/AS
IRS990/Form990PartVIISectionAGrp/TitleTxt19ASST. SEC.
IRS990/Form990PartVIISectionAGrp/TitleTxt20ASST. SEC/AS
IRS990/Form990PartVIISectionAGrp/TitleTxt21KEY EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22KEY EMPLOYEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01992
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IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
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IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0457067
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IRS990/IncludeFIN48FootnoteInd0false
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IRS990/InsuranceGrp/TotalAmt02848
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt02660
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02660
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt01964749
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01887769
IRS990/LandBldgEquipCostOrOtherBssAmt03781388
IRS990/LegalDomicileStateCd0CO
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDES HOUSING TO 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/NetAssetsOrFundBalancesBOYAmt02256195
IRS990/NetAssetsOrFundBalancesEOYAmt02175110
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IRS990/OtherExpensesGrp/Desc0MISC. OPERATING EXPENSE
IRS990/OtherExpensesGrp/Desc1SERVICE COORDINATOR EXP
IRS990/OtherExpensesGrp/Desc2OTHER ADMIN EXPENSE
IRS990/OtherExpensesGrp/Desc3MISC. TAXES, LICENSES ETC
IRS990/OtherExpensesGrp/ProgramServicesAmt061966
IRS990/OtherExpensesGrp/ProgramServicesAmt146596
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IRS990/OtherExpensesGrp/ProgramServicesAmt31116
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0494055
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0426684
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0411534
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0402852
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01853
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03338
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02411
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03150
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt013412
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IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99390
IRS990ScheduleA/PublicSupportPY509Pct00.99360

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.$1.55$0.04$1.51$0.61$0.61$0.01
2024Summary only. Only limited summary data is available for this year.$1.66$0.15$1.51$0.57$0.60$0.03
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.13$1.54$0.50$0.65$0.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.08$1.69$0.51$0.58$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.82$0.07$1.75$0.47$0.62$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.98$0.08$1.90$0.50$0.59$0.08
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.06$1.98$0.49$0.54$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.08$0.05$2.03$0.47$0.54$0.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$0.05$2.10$0.45$0.53$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.22$0.05$2.18$0.46$0.54$0.08
2015Detailed filing. Detailed filing data is available for this year.$2.30$0.05$2.26$0.50$0.55$0.05
2014Summary only. Only limited summary data is available for this year.$2.36$0.05$2.31$0.43$0.49$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.40$0.04$2.36$0.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.47$0.04$2.43$0.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$0.04$2.51$0.46