Civic Intelligence

MID-Tule Village Inc MID-Tule Village

990 • Fiscal year 2018 • EIN 75-1658883

Jul 01, 2017 to Jun 30, 2018 • Filed on Sep 26, 2018

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

93rd percentile

0.98x

Higher debt load relative to assets than 93% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

93rd percentile

1.63x

Higher debt load relative to revenue than 93% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

66th percentile

11%

Higher net margin than 66% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

99th percentile

$562,589

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 124.0% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

27th percentile

-4.9%

Faster asset growth than 27% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

40th percentile

-0.4%

Faster revenue growth than 40% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Flat

$757,429

Flat from 2018

Net Assets

Flat

$16,240

Flat from 2018

Liabilities

Flat

$741,189

Flat from 2018

Revenue

Flat

$453,741

Flat from 2018

Expenses

Flat

$404,688

Flat from 2018

Net Income

Flat

$49,053

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $887,843Liabilities 2011: $1,006,929Net Assets 2011: -$119,0862011Assets 2012: $860,878Liabilities 2012: $1,003,020Net Assets 2012: -$142,1422012Assets 2013: $855,843Liabilities 2013: $1,005,246Net Assets 2013: -$149,4032013Assets 2014: $836,694Liabilities 2014: $979,578Net Assets 2014: -$142,8842014Assets 2015: $801,909Liabilities 2015: $914,483Net Assets 2015: -$112,5742015Assets 2016: $785,008Liabilities 2016: $868,555Net Assets 2016: -$83,5472016Assets 2017: $796,282Liabilities 2017: $829,095Net Assets 2017: -$32,8132017Assets 2018: $757,429Liabilities 2018: $741,189Net Assets 2018: $16,2402018Assets 2018: $757,429Liabilities 2018: $741,189Net Assets 2018: $16,2402018Assets 2019: $707,242Liabilities 2019: $600,126Net Assets 2019: $107,1162019Assets 2020: $145,093Liabilities 2020: $74,289Net Assets 2020: $70,8042020Assets 2021: $160Liabilities 2021: $0Net Assets 2021: $1602021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2018

Assets$757,429
Liabilities$741,189
Net Assets$16,240

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $395,2462011Expenses 2012: $408,5262012Revenue 2013: $382,264Expenses 2013: $389,525Net Income 2013: -$7,2612013Revenue 2014: $408,644Expenses 2014: $402,125Net Income 2014: $6,5192014Revenue 2015: $419,422Expenses 2015: $389,112Net Income 2015: $30,3102015Revenue 2016: $439,725Expenses 2016: $410,698Net Income 2016: $29,0272016Revenue 2017: $455,601Expenses 2017: $404,867Net Income 2017: $50,7342017Revenue 2018: $453,741Expenses 2018: $404,688Net Income 2018: $49,0532018Revenue 2018: $453,741Expenses 2018: $404,688Net Income 2018: $49,0532018Revenue 2019: $480,426Expenses 2019: $389,550Net Income 2019: $90,8762019Revenue 2020: $1,860,929Expenses 2020: $354,924Net Income 2020: $1,506,0052020Revenue 2021: $167Expenses 2021: $18,955Net Income 2021: -$18,7882021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022

Highlighted filing

2018

Revenue$453,741
Expenses$404,688
Net Income$49,053
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Sep 26, 2018
Return Version
2017v2.3
Gross Receipts
$453,741
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$380,106$344,926▼ $35,180
Prepaid Expenses and Deferred Charges$9,504$10,083▲ $579
Cash and Non-Interest-Bearing Accounts$275$9,609▲ $9,334
Accounts Receivable$26,664$6,536▼ $20,128
Total Assets$796,282$757,429▼ $38,853
Other Assets Total$379,733$386,275▲ $6,542
Liabilities
Mortgage Notes Payable Secured by Investment Property$637,300$564,789▼ $72,511
Accounts Payable and Accrued Expenses$179,002$162,309▼ $16,693
Other Liabilities$12,212$12,476▲ $264
Deferred Revenue$581$1,615▲ $1,034
Total Liabilities$829,095$741,189▼ $87,906
Net Assets / Fund Balance
Unrestricted Net Assets$-32,813$16,240▲ $49,053
Total Net Assets Fund Balance$-32,813$16,240▲ $49,053
Total Liabilities and Net Assets / Fund Balance$796,282$757,429▼ $38,853

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$260,678$1,317,215$1,577,893
Other Land Buildings$39,613$67,442$107,055
Equipment$11,770$59,621$71,391
Land$32,865-$32,865
Other Assets Org$386,275--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Joseph a BudzynskiAsst. Sec/tr$329,643$329,643
Robert GibsonAsst. Sec/tr$322,628$322,628
Sharon Wilson GenoAsst. Sec/tr$306,977$306,977
Nancy a GavinAsst. Sec/tr$212,308$212,308
Deborah a PerryAsst. Sec/tr$187,448$187,448

Board Members and Trustees

NameTitle
Jane BurksBoard Chair
Michael W KingPresident
David C KikumotoVice Chairma
Andy EdeburnDirector
James LeblancDirector
Jeanne PetersenDirector
Karen DaleDirector
Keith KnappDirector
Michael SullivanDirector
Nancy RaseDirector
Shawn BloomDirector
Steve WakefieldDirector
Thomas DolanDirector
Cynthia R KellerAsst. Sec.
Patrick N SheridanAsst. Sec.
Deborah a PerryAsst. Sec/treas
Nancy a GavinAsst. Sec/treas
Robert GibsonAsst. Sec/treas
Sharon Wilson GenoAsst. Sec/treas
Joseph a BudzynskiAsst. Sec/treas, CFO
Edwina CarringtonSecretary
Patti ArnoldTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Volunteers Of America Texas INCMgmt, P/r, Acct1660 DUKE STREET, Alexandria, VA 22314$173,198
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$449,228
Investment Income
$4,513
Other Revenue
$0
Change in Net Assets
$49,053

Audited Revenue Reconciliation

Revenue per Audited Statements
$453,741
Total Revenue per Audited Statements
$453,741
Total Revenue per Form 990
$453,741
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$314,684
Salaries, Compensation, and Employee Benefits$90,004
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$92,959--$92,959
Other Salaries and Wages$64,273--$64,273
Depreciation Depletion$54,539--$54,539
Fees for Services Management-$29,319-$29,319
Other Employee Benefits$18,761--$18,761
Fees for Services Accounting-$10,007-$10,007
Office Expenses$9,815--$9,815
Payroll Taxes$6,970--$6,970
Conferences and Meetings$2,625--$2,625
Advertising$2,434--$2,434
Insurance$1,523--$1,523
Other Expenses$50--$50
Total Functional Expenses$365,362$39,326$0$404,688

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$404,688
Total Expenses per Audited Statements$404,688
Total Expenses per Form 990$404,688
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$12,476
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 sharon wilson geno asst. Sec./a dir and/or officer of voa robert gibson 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 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
Mid-tule Village Inc
EIN
75-1658883
Phone
7033415000
Address
1660 DUKE STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Joseph a Budzynski
Title
Asst. Sec/treas, CFO
Phone
7033415000
Signed
2018-09-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph a Budzynski
Formed
1987
Legal Domicile
TX
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/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt16ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt17ASST. SEC.
IRS990/Form990PartVIISectionAGrp/TitleTxt18ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt19ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt20ASST. SEC.
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IRS990/GrossReceiptsAmt0453741
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt018761
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IRS990/OtherExpensesGrp/Desc1SERVICE COORDINATOR
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE
IRS990/OtherExpensesGrp/Desc3MISC TAXES
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IRS990ScheduleA/InvestmentIncomePYPct00.01000
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IRS990/ScheduleBRequiredInd0false
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt01317215
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IRS990ScheduleD/EquipmentGrp/BookValueAmt011770
IRS990ScheduleD/EquipmentGrp/DepreciationAmt059621
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt071391
IRS990ScheduleD/ExpensesSubtotalAmt0404688
IRS990ScheduleD/LandGrp/BookValueAmt032865
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt032865

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$0.00$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.00$0.02$0.02
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.07$0.07$1.86$0.35$1.51
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.60$0.11$0.48$0.39$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.76$0.74$0.02$0.45$0.40$0.05
2018Summary only. Only limited summary data is available for this year.$0.76$0.74$0.02$0.45$0.40$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$0.83$0.03$0.46$0.40$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.79$0.87$0.08$0.44$0.41$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.80$0.91$0.11$0.42$0.39$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.84$0.98$0.14$0.41$0.40$0.01
2013Summary only. Only limited summary data is available for this year.$0.86$1.01$0.15$0.38$0.39$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$1.00$0.14$0.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$1.01$0.12$0.40