Civic Intelligence

Placer County Voa Elderly Housing Rolling Oaks

990 • Fiscal year 2015 • EIN 72-1263715

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 07, 2015

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

37th percentile

0.04x

Higher debt load relative to assets than 37% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

67th percentile

0.27x

Higher debt load relative to revenue than 67% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

13th percentile

-22%

Higher net margin than 13% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

98th percentile

$492,384

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 91.6% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

34th percentile

-2.5%

Faster asset growth than 34% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

49th percentile

2.8%

Faster revenue growth than 49% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$3,592,073

Down $93,773 (-2.5%) from 2014

Net Assets

Down

$3,445,027

Down $120,807 (-3.4%) from 2014

Liabilities

Up

$147,046

Up $27,034 (+23%) from 2014

Revenue

Up

$537,360

Up $14,669 (+2.8%) from 2014

Expenses

Down

$658,167

Down $37,673 (-5.4%) from 2014

Net Income

Up

-$120,807

Up $52,342 (+30%) from 2014

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $4,095,680Liabilities 2011: $102,079Net Assets 2011: $3,993,6012011Assets 2012: $3,981,586Liabilities 2012: $100,861Net Assets 2012: $3,880,7252012Assets 2013: $3,850,777Liabilities 2013: $111,794Net Assets 2013: $3,738,9832013Assets 2014: $3,685,846Liabilities 2014: $120,012Net Assets 2014: $3,565,8342014Assets 2015: $3,592,073Liabilities 2015: $147,046Net Assets 2015: $3,445,0272015Assets 2016: $3,473,422Liabilities 2016: $131,904Net Assets 2016: $3,341,5182016Assets 2017: $3,351,287Liabilities 2017: $129,306Net Assets 2017: $3,221,9812017Assets 2018: $3,278,841Liabilities 2018: $132,549Net Assets 2018: $3,146,2922018Assets 2019: $3,215,897Liabilities 2019: $178,443Net Assets 2019: $3,037,4542019Assets 2020: $3,179,835Liabilities 2020: $263,804Net Assets 2020: $2,916,0312020Assets 2021: $3,134,421Liabilities 2021: $332,574Net Assets 2021: $2,801,8472021Assets 2022: $3,171,985Liabilities 2022: $391,402Net Assets 2022: $2,780,5832022Assets 2023: $3,153,272Liabilities 2023: $418,302Net Assets 2023: $2,734,9702023Assets 2024: $3,138,618Liabilities 2024: $471,839Net Assets 2024: $2,666,7792024Assets 2025: $2,943,666Liabilities 2025: $106,511Net Assets 2025: $2,837,1552025

Highlighted filing

2015

Assets$3,592,073
Liabilities$147,046
Net Assets$3,445,027

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $668,8832011Revenue 2012: $533,830Expenses 2012: $646,706Net Income 2012: -$112,8762012Expenses 2013: $668,7312013Revenue 2014: $522,691Expenses 2014: $695,840Net Income 2014: -$173,1492014Revenue 2015: $537,360Expenses 2015: $658,167Net Income 2015: -$120,8072015Revenue 2016: $554,334Expenses 2016: $657,843Net Income 2016: -$103,5092016Revenue 2017: $558,431Expenses 2017: $677,968Net Income 2017: -$119,5372017Revenue 2018: $729,897Expenses 2018: $805,586Net Income 2018: -$75,6892018Revenue 2019: $772,043Expenses 2019: $880,881Net Income 2019: -$108,8382019Revenue 2020: $765,284Expenses 2020: $886,707Net Income 2020: -$121,4232020Revenue 2021: $817,134Expenses 2021: $931,318Net Income 2021: -$114,1842021Revenue 2022: $858,622Expenses 2022: $879,886Net Income 2022: -$21,2642022Revenue 2023: $1,059,444Expenses 2023: $1,105,057Net Income 2023: -$45,6132023Revenue 2024: $979,577Expenses 2024: $1,047,768Net Income 2024: -$68,1912024Revenue 2025: $919,171Expenses 2025: $1,008,506Net Income 2025: -$89,3352025

Highlighted filing

2015

Revenue$537,360
Expenses$658,167
Net Income-$120,807
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 7, 2015
Return Version
2014v5.0
Gross Receipts
$537,360
Mission and Program Overview

Mission

Provides housing for 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$3,541,448$3,415,394▼ $126,054
Prepaid Expenses and Deferred Charges$36,902$35,231▼ $1,671
Cash and Non-Interest-Bearing Accounts$9,277$32,327▲ $23,050
Accounts Receivable$2,186$2,002▼ $184
Total Assets$3,685,846$3,592,073▼ $93,773
Other Assets Total$96,033$107,119▲ $11,086
Liabilities
Accounts Payable and Accrued Expenses$63,973$90,623▲ $26,650
Mortgage Notes Payable Secured by Investment Property$32,000$32,000→ $0
Other Liabilities$23,473$24,065▲ $592
Deferred Revenue$566$358▼ $208
Total Liabilities$120,012$147,046▲ $27,034
Net Assets / Fund Balance
Unrestricted Net Assets$3,565,834$3,445,027▼ $120,807
Total Net Assets Fund Balance$3,565,834$3,445,027▼ $120,807
Total Liabilities and Net Assets / Fund Balance$3,685,846$3,592,073▼ $93,773

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,597,437$2,472,533$5,069,970
Land$729,500-$729,500
Other Land Buildings$62,188$184,534$246,722
Equipment$26,269$12,765$39,034
Compensation and Service Providers

Employees

NameTitleOtherTotal
Thomas D TurnbullAsst. Sec/tr$368,778$368,778
David T BowmanAsst. Sec/tr$293,414$293,414
Joseph a BudzynskiAsst. Sec/tr$254,007$254,007
Juanita CohenAsst. Sec/tr$221,211$221,211
Nancy GavinAsst Sec/tre$220,591$220,591
Deborah PerryAsst. Sec/tr$188,945$188,945

Board Members and Trustees

NameTitle
C David KikumotoChair
Michael W KingPresident
Shawn B BloomVice Chair
Ann SchnareDirector
John MorlandDirector
Karen DaleDirector
Michael SullivanDirector
Stephen WakefieldDirector
Wilfred N Cooper SrDirector
Nancy GavinAsst Sec/treas
Patrick SheridanAsst. Sec.
Robin KellerAsst. Sec.
David T BowmanAsst. Sec/treas
Deborah PerryAsst. Sec/treas
Juanita CohenAsst. Sec/treas
Joseph a BudzynskiAsst. Sec/treas, CFO
Thomas D TurnbullAsst. Sec/treas, COO
Robert GibsonKey Employee
Wayne OlsonKey Employee
Carol MooreSecretary
Nancy J FeldmanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Volunteers Of America Of Greater SaMgmt, Payroll,1900 POINT WEST WAY SUIT, Sacramento, CA 95815$161,852
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$537,079
Investment Income
$281
Other Revenue
$0
Change in Net Assets
$-120,807

Audited Revenue Reconciliation

Revenue per Audited Statements
$537,360
Total Revenue per Audited Statements
$537,360
Total Revenue per Form 990
$537,360
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$535,830
Salaries, Compensation, and Employee Benefits$122,337
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$178,471--$178,471
Depreciation Depletion$167,872--$167,872
Other Salaries and Wages$97,828--$97,828
Fees for Services Management-$46,724-$46,724
Office Expenses$17,742--$17,742
Other Employee Benefits$17,662--$17,662
Fees for Services Accounting-$11,624-$11,624
Payroll Taxes$6,847--$6,847
Insurance$4,837--$4,837
Conferences and Meetings$1,266--$1,266
Other Expenses$745--$745
Advertising$415--$415
Total Functional Expenses$599,819$58,348$0$658,167

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$658,167
Total Expenses per Audited Statements$658,167
Total Expenses per Form 990$658,167
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$24,065
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 david bowman 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 voa northern california and 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. 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
Placer County Voa Elderly Housing
EIN
72-1263715
Phone
7033415000
Address
1660 DUKE STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Thomas D Turnbull
Title
Asst. Sec/treas
Phone
7033415000
Signed
2015-10-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Same as C Above
Formed
1994
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
9
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/PersonNm16JUANITA COHEN
IRS990/Form990PartVIISectionAGrp/PersonNm17ROBIN KELLER
IRS990/Form990PartVIISectionAGrp/PersonNm18DEBORAH PERRY
IRS990/Form990PartVIISectionAGrp/PersonNm19WAYNE OLSON
IRS990/Form990PartVIISectionAGrp/PersonNm20ROBERT GIBSON
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20206114
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt12ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt13ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt14ASST. SEC.
IRS990/Form990PartVIISectionAGrp/TitleTxt15ASST SEC/TRE
IRS990/Form990PartVIISectionAGrp/TitleTxt16ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt17ASST. SEC.
IRS990/Form990PartVIISectionAGrp/TitleTxt18ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt19KEY EMPLOYEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20KEY EMPLOYEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0537360
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
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IRS990/InsuranceGrp/ProgramServicesAmt04837
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt03415394
IRS990/LandBldgEquipCostOrOtherBssAmt06085226
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDES HOUSING FOR 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/MortgNotesPyblScrdInvstPropGrp/BOYAmt032000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt032000
IRS990/NetAssetsOrFundBalancesBOYAmt03565834
IRS990/NetAssetsOrFundBalancesEOYAmt03445027
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0178471
IRS990/OccupancyGrp/TotalAmt0178471
IRS990/OfficeExpensesGrp/ProgramServicesAmt017742
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt096033
IRS990/OtherAssetsTotalGrp/EOYAmt0107119
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt017662
IRS990/OtherEmployeeBenefitsGrp/TotalAmt017662
IRS990/OtherExpensesGrp/Desc0OTHER OPERATING EXPENSES
IRS990/OtherExpensesGrp/Desc1SERVICE COORDINATOR EXP
IRS990/OtherExpensesGrp/Desc2ALL OTHER ADMINISTRATIVE
IRS990/OtherExpensesGrp/Desc3MISC TAXES, LISC PERMITS
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IRS990/OtherExpensesGrp/ProgramServicesAmt128554
IRS990/OtherExpensesGrp/ProgramServicesAmt27359
IRS990/OtherExpensesGrp/ProgramServicesAmt3745
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IRS990/OtherExpensesGrp/TotalAmt27359
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990/PoliticalCampaignActyInd0false
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt035231
IRS990/PrincipalOfficerNm0SAME AS C ABOVE
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0537079
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IRS990/PYInvestmentIncomeAmt0532
IRS990/PYOtherExpensesAmt0591283
IRS990/PYProgramServiceRevenueAmt0522159
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IRS990/PYSalariesCompEmpBnftPaidAmt0104557
IRS990/PYTotalExpensesAmt0695840
IRS990/PYTotalRevenueAmt0522691
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-120807
IRS990/RegularMonitoringEnfrcInd0true
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01275
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01388
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0537079
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0522159
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0526687
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0532555
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0534745
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IRS990ScheduleA/PublicSupportTotal509Amt02653225
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0537079
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0532555
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0534745
IRS990ScheduleA/Total509Grp/TotalAmt02653225
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0537360
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0522691
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0533830
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0536133
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02657003

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.$2.94$0.11$2.84$0.92$1.01$0.09
2024Summary only. Only limited summary data is available for this year.$3.14$0.47$2.67$0.98$1.05$0.07
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.15$0.42$2.73$1.06$1.11$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.17$0.39$2.78$0.86$0.88$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.13$0.33$2.80$0.82$0.93$0.11
2020Summary only. Only limited summary data is available for this year.$3.18$0.26$2.92$0.77$0.89$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.22$0.18$3.04$0.77$0.88$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.28$0.13$3.15$0.73$0.81$0.08
2017Summary only. Only limited summary data is available for this year.$3.35$0.13$3.22$0.56$0.68$0.12
2016Detailed filing. Detailed filing data is available for this year.$3.47$0.13$3.34$0.55$0.66$0.10
2015Detailed filing. Detailed filing data is available for this year.$3.59$0.15$3.45$0.54$0.66$0.12
2014Detailed filing. Detailed filing data is available for this year.$3.69$0.12$3.57$0.52$0.70$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.85$0.11$3.74$0.67
2012Summary only. Only limited summary data is available for this year.$3.98$0.10$3.88$0.53$0.65$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.10$0.10$3.99$0.67