Civic Intelligence

Auburn Voa Elderly Housing Inc Valley Oaks

990 • Fiscal year 2016 • EIN 58-2043752

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

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

46th percentile

0.07x

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

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

Liabilities / Revenue

76th percentile

0.46x

Higher debt load relative to revenue than 76% of similar nonprofits.

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

Net Margin

11th percentile

-29%

Higher net margin than 11% 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 120.8% of source-year revenue.

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

Asset Growth

28th percentile

-3.4%

Faster asset growth than 28% of similar nonprofits.

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

Revenue Growth

45th percentile

1.2%

Faster revenue growth than 45% of similar nonprofits.

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

Assets

Down

$2,576,169

Down $89,544 (-3.4%) from 2015

Net Assets

Down

$2,383,619

Down $122,016 (-4.9%) from 2015

Liabilities

Up

$192,550

Up $32,472 (+20%) from 2015

Revenue

Up

$420,967

Up $5,059 (+1.2%) from 2015

Expenses

Up

$542,983

Up $35,783 (+7.1%) from 2015

Net Income

Down

-$122,016

Down $30,724 (-34%) 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 2012: $2,889,019Liabilities 2012: $88,737Net Assets 2012: $2,800,2822012Assets 2013: $2,790,535Liabilities 2013: $80,683Net Assets 2013: $2,709,8522013Assets 2014: $2,702,530Liabilities 2014: $105,603Net Assets 2014: $2,596,9272014Assets 2015: $2,665,713Liabilities 2015: $160,078Net Assets 2015: $2,505,6352015Assets 2016: $2,576,169Liabilities 2016: $192,550Net Assets 2016: $2,383,6192016Assets 2017: $2,544,828Liabilities 2017: $266,201Net Assets 2017: $2,278,6272017Assets 2018: $2,406,588Liabilities 2018: $184,011Net Assets 2018: $2,222,5772018Assets 2019: $2,339,146Liabilities 2019: $203,056Net Assets 2019: $2,136,0902019Assets 2020: $2,306,583Liabilities 2020: $248,628Net Assets 2020: $2,057,9552020Assets 2021: $2,248,923Liabilities 2021: $309,092Net Assets 2021: $1,939,8312021Assets 2022: $2,233,333Liabilities 2022: $366,707Net Assets 2022: $1,866,6262022Assets 2023: $2,238,742Liabilities 2023: $462,414Net Assets 2023: $1,776,3282023Assets 2024: $2,193,964Liabilities 2024: $562,276Net Assets 2024: $1,631,6882024Assets 2025: $2,030,413Liabilities 2025: $105,930Net Assets 2025: $1,924,4832025

Highlighted filing

2016

Assets$2,576,169
Liabilities$192,550
Net Assets$2,383,619

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2012: $411,107Expenses 2012: $509,671Net Income 2012: -$98,5642012Revenue 2013: $408,144Expenses 2013: $498,574Net Income 2013: -$90,4302013Revenue 2014: $384,730Expenses 2014: $497,655Net Income 2014: -$112,9252014Revenue 2015: $415,908Expenses 2015: $507,200Net Income 2015: -$91,2922015Revenue 2016: $420,967Expenses 2016: $542,983Net Income 2016: -$122,0162016Revenue 2017: $464,935Expenses 2017: $569,927Net Income 2017: -$104,9922017Revenue 2018: $506,533Expenses 2018: $562,583Net Income 2018: -$56,0502018Revenue 2019: $544,726Expenses 2019: $631,213Net Income 2019: -$86,4872019Revenue 2020: $547,788Expenses 2020: $625,923Net Income 2020: -$78,1352020Revenue 2021: $544,546Expenses 2021: $662,670Net Income 2021: -$118,1242021Revenue 2022: $648,351Expenses 2022: $721,556Net Income 2022: -$73,2052022Revenue 2023: $666,056Expenses 2023: $756,354Net Income 2023: -$90,2982023Revenue 2024: $670,202Expenses 2024: $814,842Net Income 2024: -$144,6402024Revenue 2025: $739,810Expenses 2025: $863,413Net Income 2025: -$123,6032025

Highlighted filing

2016

Revenue$420,967
Expenses$542,983
Net Income-$122,016
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 13, 2016
Return Version
2015v2.1
Gross Receipts
$420,967
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$2,314,363$2,244,161▼ $70,202
Prepaid Expenses and Deferred Charges$25,038$23,909▼ $1,129
Cash and Non-Interest-Bearing Accounts$12,455$2,515▼ $9,940
Accounts Receivable$2,358$2,261▼ $97
Total Assets$2,665,713$2,576,169▼ $89,544
Other Assets Total$311,499$303,323▼ $8,176
Liabilities
Accounts Payable and Accrued Expenses$141,203$173,380▲ $32,177
Other Liabilities$17,688$18,449▲ $761
Deferred Revenue$1,187$721▼ $466
Total Liabilities$160,078$192,550▲ $32,472
Net Assets / Fund Balance
Unrestricted Net Assets$2,505,635$2,383,619▼ $122,016
Total Net Assets Fund Balance$2,505,635$2,383,619▼ $122,016
Total Liabilities and Net Assets / Fund Balance$2,665,713$2,576,169▼ $89,544

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,713,370$2,138,793$3,852,163
Land$438,421-$438,421
Other Land Buildings$67,369$182,268$249,637
Equipment$25,001$18,779$43,780
Other Assets Org$303,323--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Thomas D TurnbullAsst. Sec/tr$379,744$379,744
Joseph a BudzynskiAsst. Sec/tr$280,916$280,916
Juanita CohenAsst. Sec/tr$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 B SchnareDirector
Edwina CarringtonDirector
James LeblancDirector
Jane BurksDirector
Karen DaleDirector
Michael SullivanDirector
Stephen WakefieldDirector
Wilfred N Cooper SrDirector
Patrick SheridanAsst. Sec.
Robin KellerAsst. Sec.
Deborah PerryAsst. Sec/asst Treas
Nancy GavinAsst. Sec/asst Treas
Joseph a BudzynskiAsst. Sec/treas, CFO
Juanita CohenAsst. Sec/treas.
Thomas D TurnbullAsst. Sec/treas/COO
Robert D GibsonKey Employee
Wayne C OlsonKey Employee
Carol MooreSecretary
Nancy J FeldmanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Voa N California And N Nevada INCMgmt,payroll, E3434 MARCONI AVE, Sacramento, CA 95821$122,369
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$418,861
Investment Income
$2,106
Other Revenue
$0
Change in Net Assets
$-122,016

Audited Revenue Reconciliation

Revenue per Audited Statements
$420,967
Total Revenue per Audited Statements
$420,967
Total Revenue per Form 990
$420,967
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$473,425
Salaries, Compensation, and Employee Benefits$69,558
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$135,373--$135,373
Occupancy$125,992--$125,992
Other Salaries and Wages$57,603--$57,603
Fees for Services Management-$37,438-$37,438
Office Expenses$18,344--$18,344
Fees for Services Accounting-$13,316-$13,316
Other Employee Benefits$7,678--$7,678
Insurance$5,571--$5,571
Payroll Taxes$4,277--$4,277
Conferences and Meetings$2,788--$2,788
Advertising$2,750--$2,750
Fees for Services Legal-$723-$723
Other Expenses$226--$226
Total Functional Expenses$491,506$51,477$0$542,983

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$542,983
Total Expenses per Audited Statements$542,983
Total Expenses per Form 990$542,983
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$18,449
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 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

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 northern california & northern nevada 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.

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
Auburn Voa Elderly Housing Inc
EIN
58-2043752
Phone
7033415000
Address
1660 DUKE STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Joseph a Budzynski
Title
Asst. Sec/treas, CFO
Phone
7033415000
Signed
2016-10-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph a Budzynski
Formed
1995
Legal Domicile
CA
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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.03$0.11$1.92$0.74$0.86$0.12
2024Summary only. Only limited summary data is available for this year.$2.19$0.56$1.63$0.67$0.81$0.14
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$0.46$1.78$0.67$0.76$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.23$0.37$1.87$0.65$0.72$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$0.31$1.94$0.54$0.66$0.12
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.31$0.25$2.06$0.55$0.63$0.08
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.34$0.20$2.14$0.54$0.63$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.41$0.18$2.22$0.51$0.56$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.54$0.27$2.28$0.46$0.57$0.10
2016Detailed filing. Detailed filing data is available for this year.$2.58$0.19$2.38$0.42$0.54$0.12
2015Detailed filing. Detailed filing data is available for this year.$2.67$0.16$2.51$0.42$0.51$0.09
2014Detailed filing. Detailed filing data is available for this year.$2.70$0.11$2.60$0.38$0.50$0.11
2013Summary only. Only limited summary data is available for this year.$2.79$0.08$2.71$0.41$0.50$0.09
2012Summary only. Only limited summary data is available for this year.$2.89$0.09$2.80$0.41$0.51$0.10
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $1M-$5M nonprofits