Civic Intelligence

Fremont Voa Elderly Housing Inc

EIN 72-1262229 • 501(c)3 • Alexandria, VA

Profile

Provide affordable housing for disabled persons under section 202 of the national housing act

Refreshing map…

1660 Duke StAlexandria, VA 22314
Siviq Scores

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

Liabilities / Assets

79th percentile

0.10x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

88th percentile

0.26x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

31st percentile

-10.0%

Higher net margin than 31% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

100th percentile

$868,407

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 499.8% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

44th percentile

-5.8%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

60th percentile

6.3%

Faster revenue growth than 60% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$444,321

Down $27,343 (-5.8%) from 2024

Liabilities

Down

$45,172

Down $10,028 (-18%) from 2024

Net Assets

Down

$399,149

Down $17,315 (-4.2%) from 2024

Revenue

Up

$173,745

Up $10,230 (+6.3%) from 2024

Expenses

Down

$191,060

Down $3,495 (-1.8%) from 2024

Net Income

Up

-$17,315

Up $13,725 (+44%) from 2024

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $820,621Liabilities 2011: $24,953Net Assets 2011: $795,6682011Assets 2012: $795,821Liabilities 2012: $33,720Net Assets 2012: $762,1012012Assets 2013: $765,031Liabilities 2013: $25,764Net Assets 2013: $739,2672013Assets 2014: $728,040Liabilities 2014: $25,681Net Assets 2014: $702,3592014Assets 2015: $706,946Liabilities 2015: $21,464Net Assets 2015: $685,4822015Assets 2016: $689,812Liabilities 2016: $23,253Net Assets 2016: $666,5592016Assets 2017: $666,310Liabilities 2017: $28,331Net Assets 2017: $637,9792017Assets 2018: $655,124Liabilities 2018: $25,574Net Assets 2018: $629,5502018Assets 2019: $629,248Liabilities 2019: $20,189Net Assets 2019: $609,0592019Assets 2020: $578,659Liabilities 2020: $28,760Net Assets 2020: $549,8992020Assets 2021: $547,229Liabilities 2021: $24,142Net Assets 2021: $523,0872021Assets 2022: $515,855Liabilities 2022: $35,356Net Assets 2022: $480,4992022Assets 2023: $493,276Liabilities 2023: $45,772Net Assets 2023: $447,5042023Assets 2024: $471,664Liabilities 2024: $55,200Net Assets 2024: $416,4642024Assets 2025: $444,321Liabilities 2025: $45,172Net Assets 2025: $399,1492025

Highlighted filing

2025

Assets$444,321
Liabilities$45,172
Net Assets$399,149

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $151,3672011Expenses 2012: $175,5782012Expenses 2013: $165,4782013Revenue 2014: $144,654Expenses 2014: $181,562Net Income 2014: -$36,9082014Revenue 2015: $146,924Expenses 2015: $163,801Net Income 2015: -$16,8772015Revenue 2016: $150,340Expenses 2016: $169,263Net Income 2016: -$18,9232016Revenue 2017: $148,408Expenses 2017: $176,988Net Income 2017: -$28,5802017Revenue 2018: $162,610Expenses 2018: $171,039Net Income 2018: -$8,4292018Revenue 2019: $155,845Expenses 2019: $176,336Net Income 2019: -$20,4912019Revenue 2020: $149,188Expenses 2020: $208,348Net Income 2020: -$59,1602020Revenue 2021: $160,444Expenses 2021: $187,256Net Income 2021: -$26,8122021Revenue 2022: $155,211Expenses 2022: $197,799Net Income 2022: -$42,5882022Revenue 2023: $165,609Expenses 2023: $198,604Net Income 2023: -$32,9952023Revenue 2024: $163,515Expenses 2024: $194,555Net Income 2024: -$31,0402024Revenue 2025: $173,745Expenses 2025: $191,060Net Income 2025: -$17,3152025

Highlighted filing

2025

Revenue$173,745
Expenses$191,060
Net Income-$17,315

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.44$0.45$3.99$1.74$1.91$0.17
2024Summary only. Only limited summary data is available for this year.$4.72$0.55$4.16$1.64$1.95$0.31
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.93$0.46$4.48$1.66$1.99$0.33
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.16$0.35$4.80$1.55$1.98$0.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.47$0.24$5.23$1.60$1.87$0.27
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.79$0.29$5.50$1.49$2.08$0.59
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.29$0.20$6.09$1.56$1.76$0.20
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.55$0.26$6.30$1.63$1.71$0.08
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.66$0.28$6.38$1.48$1.77$0.29
2016Detailed filing. Detailed filing data is available for this year.$6.90$0.23$6.67$1.50$1.69$0.19
2015Detailed filing. Detailed filing data is available for this year.$7.07$0.21$6.85$1.47$1.64$0.17
2014Detailed filing. Detailed filing data is available for this year.$7.28$0.26$7.02$1.45$1.82$0.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.65$0.26$7.39$1.65
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.96$0.34$7.62$1.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.21$0.25$7.96$1.51
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
$165,609
Mission and Program Overview

Mission

Provide affordable housing for disabled persons under section 202 of the national housing act

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$427,817$393,663▼ $34,154
Prepaid Expenses and Deferred Charges$13,137$17,561▲ $4,424
Cash and Non-Interest-Bearing Accounts$2,998$1,264▼ $1,734
Accounts Receivable$341$1,261▲ $920
Total Assets$515,855$493,276▼ $22,579
Other Assets Total$71,562$79,527▲ $7,965
Liabilities
Accounts Payable and Accrued Expenses$29,318$38,183▲ $8,865
Other Liabilities$5,984$5,875▼ $109
Deferred Revenue$54$1,714▲ $1,660
Total Liabilities$35,356$45,772▲ $10,416
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,116,900$1,116,900→ $0
Net Assets Without Donor Restrictions$-636,401$-669,396▼ $32,995
Total Net Assets Fund Balance$480,499$447,504▼ $32,995
Total Liabilities and Net Assets / Fund Balance$515,855$493,276▼ $22,579

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$337,021$765,567$1,102,588
Other Land Buildings$16,054$46,466$62,520
Land$40,000-$40,000
Equipment$588$20,314$20,902
Other Assets Org$6,687--
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
$165,602
Investment Income
$7
Other Revenue
$0
Change in Net Assets
$-32,995

Audited Revenue Reconciliation

Revenue per Audited Statements
$165,609
Total Revenue per Audited Statements
$165,609
Total Revenue per Form 990
$165,609
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$175,417
Salaries, Compensation, and Employee Benefits$23,187
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$62,997--$62,997
Depreciation Depletion$34,154--$34,154
Other Salaries and Wages$15,999--$15,999
Fees for Services Management-$15,134-$15,134
Fees for Services Accounting-$7,744-$7,744
Office Expenses$6,657--$6,657
Other Employee Benefits$4,955--$4,955
Conferences and Meetings-$3,202-$3,202
Payroll Taxes$2,233--$2,233
Fees for Services Legal-$438-$438
Other Expenses$143--$143
Insurance$78--$78
Advertising$56--$56
Total Functional Expenses$172,086$26,518$0$198,604

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$198,604
Total Expenses per Audited Statements$198,604
Total Expenses per Form 990$198,604
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$5,875
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 sharon wilson geno asst. Sec/a dir and/or officer of voa kimberly b. King asst. Sec/t 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
Fremont Voa Elderly Housing Inc
EIN
72-1262229
Phone
7033415000
Address
1660 DUKE ST, 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
1994
Legal Domicile
Oh
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 2,676 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.

Path#Value
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