Civic Intelligence

Las Vegas Voa Elderly Housing Inc

EIN 72-1257567 • 501(c)3 • Alexandria, VA

Profile

Provides housing to elderly or disabled persons or families under section 202 of the national housing act under an agreement with the department of hud.

1660 Duke StreetAlexandria, VA 22314
Siviq Scores

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

Liabilities / Assets

54th percentile

0.09x

Higher debt load relative to assets than 54% of similar nonprofits.

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

Liabilities / Revenue

77th percentile

0.37x

Higher debt load relative to revenue than 77% of similar nonprofits.

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

Net Margin

16th percentile

-17%

Higher net margin than 16% 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 125.7% 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

35th percentile

-1.0%

Faster revenue growth than 35% of similar nonprofits.

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

Assets

Down

$2,989,111

Down $27,028 (-0.9%) from 2024

Liabilities

Up

$254,726

Up $87,079 (+52%) from 2024

Net Assets

Down

$2,734,385

Down $114,107 (-4.0%) from 2024

Revenue

Down

$691,091

Down $6,965 (-1.0%) from 2024

Expenses

Up

$805,198

Up $77,095 (+11%) from 2024

Net Income

Down

-$114,107

Down $84,060 (-280%) from 2024

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $4,199,251Liabilities 2011: $141,760Net Assets 2011: $4,057,4912011Assets 2012: $4,192,650Liabilities 2012: $212,701Net Assets 2012: $3,979,9492012Assets 2013: $4,096,274Liabilities 2013: $201,316Net Assets 2013: $3,894,9582013Assets 2014: $3,938,556Liabilities 2014: $143,397Net Assets 2014: $3,795,1592014Assets 2015: $3,859,053Liabilities 2015: $216,873Net Assets 2015: $3,642,1802015Assets 2016: $3,662,747Liabilities 2016: $255,457Net Assets 2016: $3,407,2902016Assets 2017: $3,501,437Liabilities 2017: $249,152Net Assets 2017: $3,252,2852017Assets 2018: $3,346,068Liabilities 2018: $214,190Net Assets 2018: $3,131,8782018Assets 2019: $3,230,488Liabilities 2019: $151,319Net Assets 2019: $3,079,1692019Assets 2020: $3,110,848Liabilities 2020: $162,997Net Assets 2020: $2,947,8512020Assets 2021: $2,954,263Liabilities 2021: $184,281Net Assets 2021: $2,769,9822021Assets 2022: $3,181,502Liabilities 2022: $213,891Net Assets 2022: $2,967,6112022Assets 2023: $3,070,204Liabilities 2023: $191,665Net Assets 2023: $2,878,5392023Assets 2024: $3,016,139Liabilities 2024: $167,647Net Assets 2024: $2,848,4922024Assets 2025: $2,989,111Liabilities 2025: $254,726Net Assets 2025: $2,734,3852025

Highlighted filing

2025

Assets$2,989,111
Liabilities$254,726
Net Assets$2,734,385

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $452,7162011Expenses 2012: $471,7102012Expenses 2013: $491,3352013Revenue 2014: $449,736Expenses 2014: $549,535Net Income 2014: -$99,7992014Revenue 2015: $442,254Expenses 2015: $595,233Net Income 2015: -$152,9792015Revenue 2016: $458,281Expenses 2016: $693,171Net Income 2016: -$234,8902016Revenue 2017: $457,161Expenses 2017: $612,166Net Income 2017: -$155,0052017Revenue 2018: $530,969Expenses 2018: $651,376Net Income 2018: -$120,4072018Revenue 2019: $625,056Expenses 2019: $677,765Net Income 2019: -$52,7092019Revenue 2020: $585,712Expenses 2020: $717,030Net Income 2020: -$131,3182020Revenue 2021: $613,425Expenses 2021: $791,294Net Income 2021: -$177,8692021Revenue 2022: $962,955Expenses 2022: $765,326Net Income 2022: $197,6292022Revenue 2023: $657,832Expenses 2023: $746,904Net Income 2023: -$89,0722023Revenue 2024: $698,056Expenses 2024: $728,103Net Income 2024: -$30,0472024Revenue 2025: $691,091Expenses 2025: $805,198Net Income 2025: -$114,1072025

Highlighted filing

2025

Revenue$691,091
Expenses$805,198
Net Income-$114,107

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.99$0.25$2.73$0.69$0.81$0.11
2024Detailed filing. Detailed filing data is available for this year.$3.02$0.17$2.85$0.70$0.73$0.03
2023Detailed filing. Detailed filing data is available for this year.$3.07$0.19$2.88$0.66$0.75$0.09
2022Detailed filing. Detailed filing data is available for this year.$3.18$0.21$2.97$0.96$0.77$0.20
2021Detailed filing. Detailed filing data is available for this year.$2.95$0.18$2.77$0.61$0.79$0.18
2020Detailed filing. Detailed filing data is available for this year.$3.11$0.16$2.95$0.59$0.72$0.13
2019Detailed filing. Detailed filing data is available for this year.$3.23$0.15$3.08$0.63$0.68$0.05
2018Detailed filing. Detailed filing data is available for this year.$3.35$0.21$3.13$0.53$0.65$0.12
2017Detailed filing. Detailed filing data is available for this year.$3.50$0.25$3.25$0.46$0.61$0.16
2016Detailed filing. Detailed filing data is available for this year.$3.66$0.26$3.41$0.46$0.69$0.23
2015Detailed filing. Detailed filing data is available for this year.$3.86$0.22$3.64$0.44$0.60$0.15
2014Detailed filing. Detailed filing data is available for this year.$3.94$0.14$3.80$0.45$0.55$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.10$0.20$3.89$0.49
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.19$0.21$3.98$0.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.20$0.14$4.06$0.45
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 16, 2025
Return Version
2024v5.0
Gross Receipts
$691,091
Mission and Program Overview

Mission

Provides housing to elderly or disabled persons or 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$2,247,307$2,089,537▼ $157,770
Cash and Non-Interest-Bearing Accounts$51,206$128,746▲ $77,540
Prepaid Expenses and Deferred Charges$48,899$44,598▼ $4,301
Accounts Receivable$75,534$7,280▼ $68,254
Total Assets$3,016,139$2,989,111▼ $27,028
Other Assets Total$593,193$718,950▲ $125,757
Liabilities
Other Liabilities$34,153$117,337▲ $83,184
Mortgage Notes Payable Secured by Investment Property$100,000$100,000→ $0
Accounts Payable and Accrued Expenses$33,044$35,602▲ $2,558
Deferred Revenue$450$1,787▲ $1,337
Total Liabilities$167,647$254,726▲ $87,079
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,327,700$5,327,700→ $0
Net Assets Without Donor Restrictions$-2,479,208$-2,593,315▼ $114,107
Total Net Assets Fund Balance$2,848,492$2,734,385▼ $114,107
Total Liabilities and Net Assets / Fund Balance$3,016,139$2,989,111▼ $27,028

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,719,850$3,636,267$5,356,117
Land$328,202-$328,202
Other Land Buildings$27,070$196,200$223,270
Equipment$14,415$21,925$36,340
Other Assets Org$26,257--
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
$664,265
Investment Income
$26,826
Other Revenue
$0
Change in Net Assets
$-114,107

Audited Revenue Reconciliation

Revenue per Audited Statements
$691,091
Total Revenue per Audited Statements
$691,091
Total Revenue per Form 990
$691,091
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$677,332
Salaries, Compensation, and Employee Benefits$127,866
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$166,766--$166,766
Occupancy$119,782--$119,782
Other Salaries and Wages$93,806--$93,806
Fees for Services Management-$90,277-$90,277
Office Expenses$35,333--$35,333
Other Employee Benefits$22,500--$22,500
Fees for Services Accounting-$15,320-$15,320
Payroll Taxes$11,560--$11,560
Advertising$5,124--$5,124
Conferences and Meetings-$4,428-$4,428
Insurance$2,730--$2,730
Other Expenses$1,664--$1,664
All Other Expenses$496--$496
Fees for Services Legal-$50-$50
Total Functional Expenses$695,123$110,075$0$805,198

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$805,198
Total Expenses per Audited Statements$805,198
Total Expenses per Form 990$805,198
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
Residual Receipts in Excess$95,470
Tenant Security Deposits$21,867
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 peter desjardins 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 david nisivoccia 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 national housing corporation 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 office of the managing agent: 1660 duke street alexandria, va 22314

Filing and Contact Details

Filer

Filer Name
Las Vegas Voa Elderly Housing Inc
EIN
72-1257567
Phone
7033415000
Address
1660 DUKE STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Dejernette Beaty
Title
Asst. Treas/sec
Phone
7033415000
Signed
2025-10-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dejernette Beaty
Formed
1993
Legal Domicile
Nv
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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