Civic Intelligence

Durango Voa Elderly Housing Inc Cedar View

EIN 75-3093650 • 501(c)3 • Alexandria, VA

Profile

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.

Refreshing map…

1660 Duke StreetAlexandria, VA 22314
Siviq Scores

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

Liabilities / Assets

62nd percentile

0.15x

Higher debt load relative to assets than 62% of similar nonprofits.

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

Liabilities / Revenue

87th percentile

0.96x

Higher debt load relative to revenue than 87% of similar nonprofits.

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

Net Margin

38th percentile

-0.1%

Higher net margin than 38% of similar nonprofits.

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

Top Officer Pay

99th percentile

$868,407

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 214.6% of source-year revenue.

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

Asset Growth

34th percentile

-1.1%

Faster asset growth than 34% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Revenue Growth

71st percentile

23%

Faster revenue growth than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2025

Assets

Up

$2,536,836

Up $59,105 (+2.4%) from 2024

Liabilities

Down

$387,414

Down $30,715 (-7.3%) from 2024

Net Assets

Up

$2,149,422

Up $89,820 (+4.4%) from 2024

Revenue

Up

$404,571

Up $115,176 (+40%) from 2024

Expenses

Down

$404,906

Down $3,636 (-0.9%) from 2024

Net Income

Up

-$335

Up $118,812 (+100%) from 2024

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,374,977Liabilities 2011: $323,793Net Assets 2011: $3,051,1842011Assets 2012: $3,323,276Liabilities 2012: $323,959Net Assets 2012: $2,999,3172012Assets 2013: $3,250,350Liabilities 2013: $316,333Net Assets 2013: $2,934,0172013Assets 2014: $3,180,653Liabilities 2014: $318,796Net Assets 2014: $2,861,8572014Assets 2015: $3,111,988Liabilities 2015: $321,147Net Assets 2015: $2,790,8412015Assets 2016: $3,035,209Liabilities 2016: $326,927Net Assets 2016: $2,708,2822016Assets 2017: $2,967,295Liabilities 2017: $328,471Net Assets 2017: $2,638,8242017Assets 2018: $2,895,277Liabilities 2018: $335,126Net Assets 2018: $2,560,1512018Assets 2019: $2,830,626Liabilities 2019: $336,156Net Assets 2019: $2,494,4702019Assets 2020: $2,787,822Liabilities 2020: $349,624Net Assets 2020: $2,438,1982020Assets 2021: $2,689,061Liabilities 2021: $329,347Net Assets 2021: $2,359,7142021Assets 2022: $2,609,017Liabilities 2022: $356,131Net Assets 2022: $2,252,8862022Assets 2023: $2,590,997Liabilities 2023: $412,248Net Assets 2023: $2,178,7492023Assets 2024: $2,477,731Liabilities 2024: $418,129Net Assets 2024: $2,059,6022024Assets 2025: $2,536,836Liabilities 2025: $387,414Net Assets 2025: $2,149,4222025

Highlighted filing

2025

Assets$2,536,836
Liabilities$387,414
Net Assets$2,149,422

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $234,2112011Expenses 2012: $257,6862012Revenue 2013: $199,370Expenses 2013: $264,670Net Income 2013: -$65,3002013Revenue 2014: $185,956Expenses 2014: $258,116Net Income 2014: -$72,1602014Revenue 2015: $210,009Expenses 2015: $281,025Net Income 2015: -$71,0162015Revenue 2016: $241,114Expenses 2016: $323,673Net Income 2016: -$82,5592016Revenue 2017: $256,190Expenses 2017: $325,648Net Income 2017: -$69,4582017Revenue 2018: $264,007Expenses 2018: $342,680Net Income 2018: -$78,6732018Revenue 2019: $251,151Expenses 2019: $316,832Net Income 2019: -$65,6812019Revenue 2020: $254,575Expenses 2020: $310,847Net Income 2020: -$56,2722020Revenue 2021: $250,608Expenses 2021: $329,092Net Income 2021: -$78,4842021Revenue 2022: $210,544Expenses 2022: $317,372Net Income 2022: -$106,8282022Revenue 2023: $267,101Expenses 2023: $341,238Net Income 2023: -$74,1372023Revenue 2024: $289,395Expenses 2024: $408,542Net Income 2024: -$119,1472024Revenue 2025: $404,571Expenses 2025: $404,906Net Income 2025: -$3352025

Highlighted filing

2025

Revenue$404,571
Expenses$404,906
Net Income-$335

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$0.39$2.15$0.40$0.40$0.00
2024Detailed filing. Detailed filing data is available for this year.$2.48$0.42$2.06$0.29$0.41$0.12
2023Detailed filing. Detailed filing data is available for this year.$2.59$0.41$2.18$0.27$0.34$0.07
2022Detailed filing. Detailed filing data is available for this year.$2.61$0.36$2.25$0.21$0.32$0.11
2021Detailed filing. Detailed filing data is available for this year.$2.69$0.33$2.36$0.25$0.33$0.08
2020Detailed filing. Detailed filing data is available for this year.$2.79$0.35$2.44$0.25$0.31$0.06
2019Detailed filing. Detailed filing data is available for this year.$2.83$0.34$2.49$0.25$0.32$0.07
2018Detailed filing. Detailed filing data is available for this year.$2.90$0.34$2.56$0.26$0.34$0.08
2017Detailed filing. Detailed filing data is available for this year.$2.97$0.33$2.64$0.26$0.33$0.07
2016Detailed filing. Detailed filing data is available for this year.$3.04$0.33$2.71$0.24$0.32$0.08
2015Detailed filing. Detailed filing data is available for this year.$3.11$0.32$2.79$0.21$0.28$0.07
2014Detailed filing. Detailed filing data is available for this year.$3.18$0.32$2.86$0.19$0.26$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.25$0.32$2.93$0.20$0.26$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.32$0.32$3.00$0.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.37$0.32$3.05$0.23
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 16, 2025
Return Version
2024v5.0
Gross Receipts
$404,571
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$2,203,798$2,130,381▼ $73,417
Accounts Receivable$11,968$139,433▲ $127,465
Cash and Non-Interest-Bearing Accounts$39,545$25,184▼ $14,361
Prepaid Expenses and Deferred Charges$18,494$17,602▼ $892
Total Assets$2,477,731$2,536,836▲ $59,105
Other Assets Total$203,926$224,236▲ $20,310
Liabilities
Mortgage Notes Payable Secured by Investment Property$300,000$300,000→ $0
Accounts Payable and Accrued Expenses$107,004$75,367▼ $31,637
Other Liabilities$10,480$9,285▼ $1,195
Deferred Revenue$645$2,762▲ $2,117
Total Liabilities$418,129$387,414▼ $30,715
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,372,712$3,372,712→ $0
Net Assets Without Donor Restrictions$-1,313,110$-1,223,290▲ $89,820
Total Net Assets Fund Balance$2,059,602$2,149,422▲ $89,820
Total Liabilities and Net Assets / Fund Balance$2,477,731$2,536,836▲ $59,105

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,720,857$1,532,329$3,253,186
Land$350,000-$350,000
Other Land Buildings$59,524$152,323$211,847
Other Assets Org$5,394--
Compensation and Service Providers

Employees

NameTitleOtherTotal
David NisivocciaAsst. Treas/$516,603$516,603
Joseph BudzynskiAsst Treas/s$465,439$465,439
Paul SoczynskiAsst. Treas/$378,447$378,447
Peter DesjardinsAsst. Treas/$319,503$319,503
Nancy GavinAsst. Sec/tr$285,594$285,594
Kimberly KingAsst. Treas/$256,810$256,810
David PaskoffAsst. Treas/$197,896$197,896
Dejernette BeatyAsst. Treas/$193,522$193,522
Faith NutzAsst. Sec/tr$169,200$169,200

Board Members and Trustees

NameTitle
Nancy RaseChair
Michael W KingPresident
Derrick PerkinsVice Chair
Beth MullenDirector
Carmen JacksonDirector
Janet StringfellowDirector
Jeanne PetersonDirector
Keith KnappDirector
Patrick SheridanDirector
Patti ArnoldDirector
Shawn BloomDirector
Voris VigeeDirector
Walter TejadaDirector
Joseph BudzynskiAsst Treas/sec & CFO
Faith NutzAsst. Sec/treas
Nancy GavinAsst. Sec/treas
David NisivocciaAsst. Treas/sec
David PaskoffAsst. Treas/sec
Dejernette BeatyAsst. Treas/sec
Kimberly KingAsst. Treas/sec
Paul SoczynskiAsst. Treas/sec
Peter DesjardinsAsst. Treas/sec
Karen HackettSecretary
Karen EricksonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$340,256
Investment Income
$9,178
Other Revenue
$55,137
Change in Net Assets
$-335

Audited Revenue Reconciliation

Revenue per Audited Statements
$404,571
Total Revenue per Audited Statements
$404,571
Total Revenue per Form 990
$404,571
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$295,551
Salaries, Compensation, and Employee Benefits$109,355
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$90,942--$90,942
Other Salaries and Wages$77,888--$77,888
Occupancy$60,089--$60,089
Fees for Services Management-$21,844-$21,844
Other Employee Benefits$20,670--$20,670
Office Expenses$13,564--$13,564
Payroll Taxes$10,797--$10,797
Fees for Services Accounting-$9,540-$9,540
Insurance$1,987--$1,987
Conferences and Meetings-$1,125-$1,125
Other Expenses$300--$300
Fees for Services Legal-$33-$33
Total Functional Expenses$372,364$32,542$0$404,906

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$404,906
Total Expenses per Audited Statements$404,906
Total Expenses per Form 990$404,906
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$9,285
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 kimberly b. King asst. Sec/tr dir and/or officer of voa david nisivoccia asst. Sec./a 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 colorado 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 national services has the right to appoint or approve directors; volunteers of america national services shares approval over directors with the la plata county community development corporation.

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 national services.

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
Durango Voa Elderly Housing Inc
EIN
75-3093650
Phone
7033415000
Address
1660 DUKE STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Dejernette Beaty
Title
Asst. Treas/sec
Phone
7033415000
Signed
2025-10-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dejernette Beaty
Formed
2002
Legal Domicile
Va
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
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Sponsor contribution 90,155

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