Civic Intelligence

Jackson Voa Elderly Housing Inc Windsong Apartments

990 • Fiscal year 2016 • EIN 72-1288658

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

40th percentile

0.05x

Higher debt load relative to assets than 40% of similar nonprofits.

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

Liabilities / Revenue

69th percentile

0.30x

Higher debt load relative to revenue than 69% of similar nonprofits.

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

Net Margin

16th percentile

-18%

Higher net margin than 16% 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 144.4% of source-year revenue.

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

Asset Growth

34th percentile

-2.2%

Faster asset growth than 34% of similar nonprofits.

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

Revenue Growth

55th percentile

4.8%

Faster revenue growth than 55% of similar nonprofits.

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

Assets

Down

$2,112,818

Down $47,638 (-2.2%) from 2015

Net Assets

Down

$2,007,995

Down $80,851 (-3.9%) from 2015

Liabilities

Up

$104,823

Up $33,213 (+46%) from 2015

Revenue

Up

$352,271

Up $15,982 (+4.8%) from 2015

Expenses

Down

$416,050

Down $6,646 (-1.6%) from 2015

Net Income

Up

-$63,779

Up $22,628 (+26%) 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 2011: $2,357,415Liabilities 2011: $46,114Net Assets 2011: $2,311,3012011Assets 2012: $2,305,535Liabilities 2012: $39,993Net Assets 2012: $2,265,5422012Assets 2013: $2,319,880Liabilities 2013: $61,537Net Assets 2013: $2,258,3432013Assets 2014: $2,216,628Liabilities 2014: $41,375Net Assets 2014: $2,175,2532014Assets 2015: $2,160,456Liabilities 2015: $71,610Net Assets 2015: $2,088,8462015Assets 2016: $2,112,818Liabilities 2016: $104,823Net Assets 2016: $2,007,9952016Assets 2017: $2,009,661Liabilities 2017: $61,159Net Assets 2017: $1,948,5022017Assets 2018: $1,978,092Liabilities 2018: $59,768Net Assets 2018: $1,918,3242018Assets 2019: $1,964,773Liabilities 2019: $51,953Net Assets 2019: $1,912,8202019Assets 2020: $1,941,757Liabilities 2020: $86,108Net Assets 2020: $1,855,6492020Assets 2021: $1,932,650Liabilities 2021: $121,731Net Assets 2021: $1,810,9192021Assets 2022: $2,438,345Liabilities 2022: $671,748Net Assets 2022: $1,766,5972022Assets 2023: $2,602,244Liabilities 2023: $977,215Net Assets 2023: $1,625,0292023Assets 2024: $2,554,492Liabilities 2024: $1,054,678Net Assets 2024: $1,499,8142024Assets 2025: $2,509,997Liabilities 2025: $1,159,628Net Assets 2025: $1,350,3692025

Highlighted filing

2016

Assets$2,112,818
Liabilities$104,823
Net Assets$2,007,995

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $377,3562011Expenses 2012: $370,7942012Expenses 2013: $357,3432013Revenue 2014: $335,926Expenses 2014: $419,016Net Income 2014: -$83,0902014Revenue 2015: $336,289Expenses 2015: $422,696Net Income 2015: -$86,4072015Revenue 2016: $352,271Expenses 2016: $416,050Net Income 2016: -$63,7792016Revenue 2017: $349,102Expenses 2017: $408,595Net Income 2017: -$59,4932017Revenue 2018: $373,834Expenses 2018: $404,012Net Income 2018: -$30,1782018Revenue 2019: $402,834Expenses 2019: $408,338Net Income 2019: -$5,5042019Revenue 2020: $415,039Expenses 2020: $472,210Net Income 2020: -$57,1712020Revenue 2021: $421,660Expenses 2021: $466,390Net Income 2021: -$44,7302021Revenue 2022: $435,134Expenses 2022: $479,456Net Income 2022: -$44,3222022Revenue 2023: $421,058Expenses 2023: $562,626Net Income 2023: -$141,5682023Revenue 2024: $447,732Expenses 2024: $572,947Net Income 2024: -$125,2152024Revenue 2025: $492,270Expenses 2025: $641,715Net Income 2025: -$149,4452025

Highlighted filing

2016

Revenue$352,271
Expenses$416,050
Net Income-$63,779
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 13, 2016
Return Version
2015v2.1
Gross Receipts
$352,271
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$2,002,890$1,981,124▼ $21,766
Prepaid Expenses and Deferred Charges$12,344$11,787▼ $557
Cash and Non-Interest-Bearing Accounts$24,290$1,585▼ $22,705
Accounts Receivable$150$190▲ $40
Total Assets$2,160,456$2,112,818▼ $47,638
Other Assets Total$120,782$118,132▼ $2,650
Liabilities
Accounts Payable and Accrued Expenses$41,462$76,651▲ $35,189
Other Liabilities$16,873$15,173▼ $1,700
Mortgage Notes Payable Secured by Investment Property$12,940$12,940→ $0
Deferred Revenue$335$59▼ $276
Total Liabilities$71,610$104,823▲ $33,213
Net Assets / Fund Balance
Unrestricted Net Assets$2,088,846$2,007,995▼ $80,851
Total Net Assets Fund Balance$2,088,846$2,007,995▼ $80,851
Total Liabilities and Net Assets / Fund Balance$2,160,456$2,112,818▼ $47,638

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,684,779$1,477,229$3,162,008
Other Land Buildings$105,438$100,244$205,682
Land$189,000-$189,000
Equipment$1,907$10,850$12,757
Other Assets Org$16,597--
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/ass$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 SchnareDirector
Edwina CarringtonDirector
James LeblancDirector
Jane BurksDirector
Karen DaleDirector
Michael SullivanDirector
Stephen WakefieldDirector
Wilfred N Cooper SrDirector
Nancy GavinAsst Sec/asst Treas
Patrick SheridanAsst. Sec.
Robin KellerAsst. Sec.
Deborah PerryAsst. 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
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$350,472
Investment Income
$1,799
Other Revenue
$0
Change in Net Assets
$-63,779

Audited Revenue Reconciliation

Revenue per Audited Statements
$352,271
Total Revenue per Audited Statements
$352,271
Total Revenue per Form 990
$352,271
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$360,147
Salaries, Compensation, and Employee Benefits$55,903
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$108,988--$108,988
Occupancy$62,211--$62,211
Other Salaries and Wages$48,762--$48,762
Fees for Services Management-$40,026-$40,026
Office Expenses$16,219--$16,219
Fees for Services Accounting-$11,224-$11,224
Payroll Taxes$3,582--$3,582
Other Employee Benefits$3,559--$3,559
Conferences and Meetings$3,309--$3,309
Advertising$1,846--$1,846
Insurance$1,456--$1,456
Other Expenses$107--$107
Total Functional Expenses$364,800$51,250$0$416,050

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$416,050
Total Expenses per Audited Statements$416,050
Total Expenses per Form 990$416,050
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
Deposits Held in Trust-funded$15,173
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 southeast 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
Jackson Voa Elderly Housing Inc
EIN
72-1288658
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
Ms
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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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
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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.$2.51$1.16$1.35$0.49$0.64$0.15
2024Summary only. Only limited summary data is available for this year.$2.55$1.05$1.50$0.45$0.57$0.13
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.60$0.98$1.63$0.42$0.56$0.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.44$0.67$1.77$0.44$0.48$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.12$1.81$0.42$0.47$0.04
2020Summary only. Only limited summary data is available for this year.$1.94$0.09$1.86$0.42$0.47$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.96$0.05$1.91$0.40$0.41$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.98$0.06$1.92$0.37$0.40$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.01$0.06$1.95$0.35$0.41$0.06
2016Detailed filing. Detailed filing data is available for this year.$2.11$0.10$2.01$0.35$0.42$0.06
2015Detailed filing. Detailed filing data is available for this year.$2.16$0.07$2.09$0.34$0.42$0.09
2014Detailed filing. Detailed filing data is available for this year.$2.22$0.04$2.18$0.34$0.42$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.32$0.06$2.26$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.31$0.04$2.27$0.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.36$0.05$2.31$0.38
Peer Organizations

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