Civic Intelligence

Kerrville Voa Elderly Housing Inc Kerrville Oaks

EIN 72-1114489 • 501(c)3 • Alexandria, VA

Profile

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

Refreshing map…

1660 Duke StreetAlexandria, VA 22314
Siviq Scores

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

Liabilities / Assets

95th percentile

1.13x

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

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

Liabilities / Revenue

96th percentile

4.17x

Higher debt load relative to revenue than 96% of similar nonprofits.

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

Net Margin

32nd percentile

-2.7%

Higher net margin than 32% 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 206.5% of source-year revenue.

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

Asset Growth

30th percentile

-2.8%

Faster asset growth than 30% of similar nonprofits.

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

Revenue Growth

49th percentile

6.9%

Faster revenue growth than 49% of similar nonprofits.

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

Assets

Down

$1,554,210

Down $45,173 (-2.8%) from 2024

Liabilities

Down

$1,751,490

Down $33,690 (-1.9%) from 2024

Net Assets

Down

-$197,280

Down $11,483 (-6.2%) from 2024

Revenue

Up

$420,511

Up $27,105 (+6.9%) from 2024

Expenses

Down

$431,994

Down $459 (-0.1%) from 2024

Net Income

Up

-$11,483

Up $27,564 (+71%) from 2024

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $757,374Liabilities 2011: $978,093Net Assets 2011: -$220,7192011Assets 2012: $737,081Liabilities 2012: $949,066Net Assets 2012: -$211,9852012Assets 2013: $716,376Liabilities 2013: $924,218Net Assets 2013: -$207,8422013Assets 2014: $686,689Liabilities 2014: $893,257Net Assets 2014: -$206,5682014Assets 2015: $672,436Liabilities 2015: $868,922Net Assets 2015: -$196,4862015Assets 2016: $658,066Liabilities 2016: $840,123Net Assets 2016: -$182,0572016Assets 2017: $710,538Liabilities 2017: $804,409Net Assets 2017: -$93,8712017Assets 2018: $706,496Liabilities 2018: $771,320Net Assets 2018: -$64,8242018Assets 2019: $1,984,411Liabilities 2019: $2,054,535Net Assets 2019: -$70,1242019Assets 2020: $1,772,108Liabilities 2020: $1,848,647Net Assets 2020: -$76,5392020Assets 2021: $1,736,907Liabilities 2021: $1,829,379Net Assets 2021: -$92,4722021Assets 2022: $1,700,746Liabilities 2022: $1,806,198Net Assets 2022: -$105,4522022Assets 2023: $1,648,660Liabilities 2023: $1,795,410Net Assets 2023: -$146,7502023Assets 2024: $1,599,383Liabilities 2024: $1,785,180Net Assets 2024: -$185,7972024Assets 2025: $1,554,210Liabilities 2025: $1,751,490Net Assets 2025: -$197,2802025

Highlighted filing

2025

Assets$1,554,210
Liabilities$1,751,490
Net Assets-$197,280

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $317,5772011Expenses 2012: $315,0272012Expenses 2013: $329,1062013Revenue 2014: $336,308Expenses 2014: $335,034Net Income 2014: $1,2742014Revenue 2015: $337,031Expenses 2015: $326,949Net Income 2015: $10,0822015Revenue 2016: $344,402Expenses 2016: $329,973Net Income 2016: $14,4292016Revenue 2017: $416,368Expenses 2017: $328,182Net Income 2017: $88,1862017Revenue 2018: $357,001Expenses 2018: $327,954Net Income 2018: $29,0472018Revenue 2019: $354,521Expenses 2019: $359,821Net Income 2019: -$5,3002019Revenue 2020: $351,159Expenses 2020: $357,574Net Income 2020: -$6,4152020Revenue 2021: $374,211Expenses 2021: $390,144Net Income 2021: -$15,9332021Revenue 2022: $374,047Expenses 2022: $387,027Net Income 2022: -$12,9802022Revenue 2023: $386,908Expenses 2023: $428,206Net Income 2023: -$41,2982023Revenue 2024: $393,406Expenses 2024: $432,453Net Income 2024: -$39,0472024Revenue 2025: $420,511Expenses 2025: $431,994Net Income 2025: -$11,4832025

Highlighted filing

2025

Revenue$420,511
Expenses$431,994
Net Income-$11,483

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.55$1.75$0.20$0.42$0.43$0.01
2024Detailed filing. Detailed filing data is available for this year.$1.60$1.79$0.19$0.39$0.43$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.65$1.80$0.15$0.39$0.43$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.70$1.81$0.11$0.37$0.39$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.74$1.83$0.09$0.37$0.39$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.77$1.85$0.08$0.35$0.36$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.98$2.05$0.07$0.35$0.36$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.71$0.77$0.06$0.36$0.33$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.71$0.80$0.09$0.42$0.33$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.66$0.84$0.18$0.34$0.33$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.87$0.20$0.34$0.33$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.69$0.89$0.21$0.34$0.34$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.92$0.21$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.95$0.21$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.98$0.22$0.32
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 22, 2025
Return Version
2024v5.0
Gross Receipts
$420,511
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$1,089,630$1,045,599▼ $44,031
Cash and Non-Interest-Bearing Accounts$3,797$25,819▲ $22,022
Prepaid Expenses and Deferred Charges$21,278$19,823▼ $1,455
Accounts Receivable$779$1,495▲ $716
Total Assets$1,599,383$1,554,210▼ $45,173
Other Assets Total$483,899$461,474▼ $22,425
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,694,552$1,667,124▼ $27,428
Accounts Payable and Accrued Expenses$61,793$69,978▲ $8,185
Other Liabilities$26,524$11,747▼ $14,777
Deferred Revenue$2,311$2,641▲ $330
Total Liabilities$1,785,180$1,751,490▼ $33,690
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-185,797$-197,280▼ $11,483
Total Net Assets Fund Balance$-185,797$-197,280▼ $11,483
Total Liabilities and Net Assets / Fund Balance$1,599,383$1,554,210▼ $45,173

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$747,705$1,088,993$1,836,698
Other Land Buildings$107,367$193,532$300,899
Land$187,246-$187,246
Equipment$3,281$21,044$24,325
Other Assets Org$461,474--
Compensation and Service Providers

Employees

NameTitleOtherTotal
David NisivocciaAsst. Treas/$516,603$516,603
Joseph BudzynskiAsst Treas/s$465,439$465,439
Paul SoczynskiAsst. Treas/$378,447$378,447
Peter DesjardinsAsst. Treas/$319,503$319,503
Nancy GavinAsst. Sec/tr$285,594$285,594
Kimberly KingAsst. Treas/$256,810$256,810
David PaskoffAsst. Treas/$197,896$197,896
Dejernette BeatyAsst. Treas/$193,522$193,522
Faith NutzAsst. Sec/tr$169,200$169,200

Board Members and Trustees

NameTitle
Nancy RaseChair
Michael W KingPresident
Derrick PerkinsVice Chair
Beth MullenDirector
Carmen JacksonDirector
Janet StringfellowDirector
Jeanne PetersonDirector
Keith KnappDirector
Patrick SheridanDirector
Patti ArnoldDirector
Shawn BloomDirector
Voris VigeeDirector
Walter TejadaDirector
Joseph BudzynskiAsst Treas/sec & CFO
Faith NutzAsst. Sec/treas
Nancy GavinAsst. Sec/treas
David NisivocciaAsst. Treas/sec
David PaskoffAsst. Treas/sec
Dejernette BeatyAsst. Treas/sec
Kimberly KingAsst. Treas/sec
Paul SoczynskiAsst. Treas/sec
Peter DesjardinsAsst. Treas/sec
Karen HackettSecretary
Karen EricksonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$403,067
Investment Income
$2,964
Other Revenue
$14,480
Change in Net Assets
$-11,483

Audited Revenue Reconciliation

Revenue per Audited Statements
$420,511
Total Revenue per Audited Statements
$420,511
Total Revenue per Form 990
$420,511
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$287,962
Salaries, Compensation, and Employee Benefits$144,032
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$113,158--$113,158
Occupancy$107,993--$107,993
Depreciation Depletion$60,272--$60,272
Fees for Services Management-$24,380-$24,380
Other Employee Benefits$23,090--$23,090
Office Expenses$15,265--$15,265
Fees for Services Accounting-$13,648-$13,648
Payroll Taxes$7,784--$7,784
Interest$3,404--$3,404
Conferences and Meetings-$2,729-$2,729
Advertising$1,217--$1,217
Insurance$1,072--$1,072
Other Expenses$63--$63
Total Functional Expenses$391,237$40,757$0$431,994

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$431,994
Total Expenses per Audited Statements$431,994
Total Expenses per Form 990$431,994
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$9,706
Residual Receipts in Excess of Retai$2,041
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 david nisivoccia 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 b. 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 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 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
Kerrville Voa Elderly Housing Inc
EIN
72-1114489
Phone
7033415000
Address
1660 DUKE STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Dejernette Beaty
Title
Asst. Treas/sec
Phone
7033415000
Signed
2025-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dejernette Beaty
Formed
1987
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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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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