Civic Intelligence

Fort Worth Voa Elderly Housing Inc

EIN 75-1766178 • 501(c)3 • Alexandria, VA

Profile

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

Refreshing map…

1660 Duke StreetAlexandria, VA 22314
Siviq Scores

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

Liabilities / Assets

96th percentile

1.36x

Higher debt load relative to assets than 96% of similar nonprofits.

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

Liabilities / Revenue

95th percentile

3.20x

Higher debt load relative to revenue than 95% of similar nonprofits.

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

Net Margin

18th percentile

-15%

Higher net margin than 18% of similar nonprofits.

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

Top Officer Pay

99th percentile

$771,971

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 91.1% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

18th percentile

-7.8%

Faster asset growth than 18% of similar nonprofits.

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

Revenue Growth

38th percentile

1.2%

Faster revenue growth than 38% of similar nonprofits.

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

Assets

Down

$2,100,665

Down $176,593 (-7.8%) from 2024

Liabilities

Down

$2,861,346

Down $43,034 (-1.5%) from 2024

Net Assets

Down

-$760,681

Down $133,559 (-21%) from 2024

Revenue

Up

$893,875

Up $10,631 (+1.2%) from 2024

Expenses

Up

$1,027,434

Up $48,575 (+5.0%) from 2024

Net Income

Down

-$133,559

Down $37,944 (-40%) from 2024

Trend Graphs

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2012: $2,094,101Liabilities 2012: $2,103,211Net Assets 2012: -$9,1102012Assets 2013: $2,012,317Liabilities 2013: $2,077,589Net Assets 2013: -$65,2722013Assets 2014: $3,547,217Liabilities 2014: $3,613,866Net Assets 2014: -$66,6492014Assets 2015: $3,405,365Liabilities 2015: $3,464,414Net Assets 2015: -$59,0492015Assets 2016: $3,303,039Liabilities 2016: $3,406,685Net Assets 2016: -$103,6462016Assets 2017: $3,068,740Liabilities 2017: $3,240,650Net Assets 2017: -$171,9102017Assets 2018: $3,019,294Liabilities 2018: $3,219,538Net Assets 2018: -$200,2442018Assets 2019: $2,979,839Liabilities 2019: $3,201,143Net Assets 2019: -$221,3042019Assets 2020: $2,858,790Liabilities 2020: $3,124,938Net Assets 2020: -$266,1482020Assets 2021: $2,744,150Liabilities 2021: $3,058,993Net Assets 2021: -$314,8432021Assets 2022: $2,558,079Liabilities 2022: $2,998,395Net Assets 2022: -$440,3162022Assets 2023: $2,416,142Liabilities 2023: $2,947,649Net Assets 2023: -$531,5072023Assets 2024: $2,277,258Liabilities 2024: $2,904,380Net Assets 2024: -$627,1222024Assets 2025: $2,100,665Liabilities 2025: $2,861,346Net Assets 2025: -$760,6812025

Highlighted filing

2025

Assets$2,100,665
Liabilities$2,861,346
Net Assets-$760,681

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2012: $631,849Expenses 2012: $686,655Net Income 2012: -$54,8062012Revenue 2013: $614,065Expenses 2013: $670,227Net Income 2013: -$56,1622013Revenue 2014: $638,126Expenses 2014: $639,503Net Income 2014: -$1,3772014Revenue 2015: $690,203Expenses 2015: $682,603Net Income 2015: $7,6002015Revenue 2016: $742,400Expenses 2016: $786,997Net Income 2016: -$44,5972016Revenue 2017: $749,540Expenses 2017: $817,804Net Income 2017: -$68,2642017Revenue 2018: $786,389Expenses 2018: $814,723Net Income 2018: -$28,3342018Revenue 2019: $800,573Expenses 2019: $821,633Net Income 2019: -$21,0602019Revenue 2020: $801,025Expenses 2020: $845,869Net Income 2020: -$44,8442020Revenue 2021: $835,299Expenses 2021: $883,994Net Income 2021: -$48,6952021Revenue 2022: $798,793Expenses 2022: $924,266Net Income 2022: -$125,4732022Revenue 2023: $847,833Expenses 2023: $939,024Net Income 2023: -$91,1912023Revenue 2024: $883,244Expenses 2024: $978,859Net Income 2024: -$95,6152024Revenue 2025: $893,875Expenses 2025: $1,027,434Net Income 2025: -$133,5592025

Highlighted filing

2025

Revenue$893,875
Expenses$1,027,434
Net Income-$133,559

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.10$2.86$0.76$0.89$1.03$0.13
2024Summary only. Only limited summary data is available for this year.$2.28$2.90$0.63$0.88$0.98$0.10
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.42$2.95$0.53$0.85$0.94$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.56$3.00$0.44$0.80$0.92$0.13
2021Summary only. Only limited summary data is available for this year.$2.74$3.06$0.31$0.84$0.88$0.05
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.86$3.12$0.27$0.80$0.85$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.98$3.20$0.22$0.80$0.82$0.02
2018Summary only. Only limited summary data is available for this year.$3.02$3.22$0.20$0.79$0.81$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.07$3.24$0.17$0.75$0.82$0.07
2016Detailed filing. Detailed filing data is available for this year.$3.30$3.41$0.10$0.74$0.79$0.04
2015Detailed filing. Detailed filing data is available for this year.$3.41$3.46$0.06$0.69$0.68$0.01
2014Detailed filing. Detailed filing data is available for this year.$3.55$3.61$0.07$0.64$0.64$0.00
2013Summary only. Only limited summary data is available for this year.$2.01$2.08$0.07$0.61$0.67$0.06
2012Summary only. Only limited summary data is available for this year.$2.09$2.10$0.01$0.63$0.69$0.05
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
$847,833
Mission and Program Overview

Mission

Provides housing to the elderly persons and families under section 207/223 (f) of the national housing act under an agreement with the u.s. Department of hud.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,998,473$1,847,417▼ $151,056
Prepaid Expenses and Deferred Charges$32,248$44,303▲ $12,055
Cash and Non-Interest-Bearing Accounts$72,383$10,336▼ $62,047
Accounts Receivable$2,741$4,403▲ $1,662
Total Assets$2,558,079$2,416,142▼ $141,937
Other Assets Total$452,234$509,683▲ $57,449
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,918,795$2,859,083▼ $59,712
Accounts Payable and Accrued Expenses$49,478$61,091▲ $11,613
Other Liabilities$29,720$26,017▼ $3,703
Deferred Revenue$402$1,458▲ $1,056
Total Liabilities$2,998,395$2,947,649▼ $50,746
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-440,316$-531,507▼ $91,191
Total Net Assets Fund Balance$-440,316$-531,507▼ $91,191
Total Liabilities and Net Assets / Fund Balance$2,558,079$2,416,142▼ $141,937

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,629,665$3,310,179$4,939,844
Other Land Buildings$73,363$145,084$218,447
Land$139,961-$139,961
Equipment$4,428$41,884$46,312
Other Assets Org$2,000--
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
$847,070
Investment Income
$763
Other Revenue
$0
Change in Net Assets
$-91,191

Audited Revenue Reconciliation

Revenue per Audited Statements
$847,833
Total Revenue per Audited Statements
$847,833
Total Revenue per Form 990
$847,833
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$736,772
Salaries, Compensation, and Employee Benefits$202,252
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$218,567--$218,567
Depreciation Depletion$205,818--$205,818
Other Salaries and Wages$153,972--$153,972
Fees for Services Management-$49,019-$49,019
Other Employee Benefits$33,996--$33,996
Office Expenses$29,754--$29,754
Fees for Services Accounting-$22,206-$22,206
Payroll Taxes$14,284--$14,284
Advertising$3,426--$3,426
Insurance$2,813--$2,813
Conferences and Meetings-$1,873-$1,873
Other Expenses$1,035--$1,035
Total Functional Expenses$865,926$73,098$0$939,024

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$939,024
Total Expenses per Audited Statements$939,024
Total Expenses per Form 990$939,024
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$24,317
Deferred Cable Revenue$1,700
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
Yes
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/tr 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 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 4

The organization amended its bylaws to include provisions required by and related to project financing through the us department of housing and urban development.

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
Fort Worth Voa Elderly Housing Inc
EIN
75-1766178
Phone
7033415000
Address
1660 DUKE STREET, 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
1981
Legal Domicile
TX
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 2,680 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.

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