Civic Intelligence

Sunset Park

990 • Fiscal year 2019 • EIN 84-0633270

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 06, 2019

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

1st percentile

-0.00x

Higher debt load relative to assets than 1% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

1st percentile

-0.00x

Higher debt load relative to revenue than 1% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

100th percentile

$615,490

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 166.1% of source-year revenue.

2019 filings • $5M-$10M nonprofits • Source year 2019

Asset Growth

14th percentile

-6.4%

Faster asset growth than 14% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

26th percentile

-5.4%

Faster revenue growth than 26% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Down

$7,406,628

Down $503,217 (-6.4%) from 2018

Net Assets

Down

$7,407,032

Down $502,211 (-6.3%) from 2018

Liabilities

Down

-$404

Down $1,006 (-167%) from 2018

Revenue

Down

$370,460

Down $21,218 (-5.4%) from 2018

Expenses

Down

$927

Down $83 (-8.2%) from 2018

Net Income

Down

$369,533

Down $21,135 (-5.4%) from 2018

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2011: $8,843,619Liabilities 2011: $7,073Net Assets 2011: $8,836,5462011Assets 2012: $9,255,216Liabilities 2012: $7,862Net Assets 2012: $9,247,3542012Assets 2013: $9,671,803Liabilities 2013: $345,612Net Assets 2013: $9,326,1912013Assets 2014: $9,763,974Liabilities 2014: $1,268Net Assets 2014: $9,762,7062014Assets 2015: $10,212,279Liabilities 2015: -$144Net Assets 2015: $10,212,4232015Assets 2016: $9,630,997Liabilities 2016: -$205Net Assets 2016: $9,631,2022016Assets 2017: $8,615,475Liabilities 2017: -$237Net Assets 2017: $8,615,7122017Assets 2018: $7,909,845Liabilities 2018: $602Net Assets 2018: $7,909,2432018Assets 2019: $7,406,628Liabilities 2019: -$404Net Assets 2019: $7,407,0322019Assets 2020: $6,415,097Liabilities 2020: -$499Net Assets 2020: $6,415,5962020Assets 2021: $5,350,164Liabilities 2021: -$612Net Assets 2021: $5,350,7762021Assets 2022: $4,256,769Liabilities 2022: $0Net Assets 2022: $4,256,7692022Assets 2023: $3,435,506Liabilities 2023: $0Net Assets 2023: $3,435,5062023Assets 2024: $2,876,804Liabilities 2024: $925Net Assets 2024: $2,875,8792024Assets 2025: $1,877,126Liabilities 2025: $1,938Net Assets 2025: $1,875,1882025

Highlighted filing

2019

Assets$7,406,628
Liabilities-$404
Net Assets$7,407,032

Operations Trend

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

$600K$400K$200K$0Expenses 2011: $6,8342011Revenue 2012: $411,597Expenses 2012: $789Net Income 2012: $410,8082012Revenue 2013: $424,843Expenses 2013: $346,006Net Income 2013: $78,8372013Revenue 2014: $437,290Expenses 2014: $775Net Income 2014: $436,5152014Revenue 2015: $450,517Expenses 2015: $800Net Income 2015: $449,7172015Revenue 2016: $469,711Expenses 2016: $932Net Income 2016: $468,7792016Revenue 2017: $424,782Expenses 2017: $1,090Net Income 2017: $423,6922017Revenue 2018: $391,678Expenses 2018: $1,010Net Income 2018: $390,6682018Revenue 2019: $370,460Expenses 2019: $927Net Income 2019: $369,5332019Revenue 2020: $343,213Expenses 2020: $875Net Income 2020: $342,3382020Revenue 2021: $312,065Expenses 2021: $885Net Income 2021: $311,1802021Revenue 2022: $223,890Expenses 2022: $951Net Income 2022: $222,9392022Revenue 2023: $173,633Expenses 2023: $1,239Net Income 2023: $172,3942023Revenue 2024: $131,608Expenses 2024: $1,103Net Income 2024: $130,5052024Revenue 2025: $100,078Expenses 2025: $1,452Net Income 2025: $98,6262025

Highlighted filing

2019

Revenue$370,460
Expenses$927
Net Income$369,533
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 6, 2019
Return Version
2018v3.1
Gross Receipts
$370,460
Mission and Program Overview

Mission

To plan, construct, operate, maintain, improve, and provide rental housing and related facilities and services for elderly families and elderly persons on a non-profit basis specially designed to meet the physical, social, and psychological needs of the aged, and contribute to their health, security, happiness and usefulness in longer living.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$10,918$11,601▲ $683
Total Assets$7,909,845$7,406,628▼ $503,217
Other Assets Total$7,898,927$7,395,027▼ $503,900
Liabilities
Other Liabilities$602$-404▼ $1,006
Total Liabilities$602$-404▼ $1,006
Net Assets / Fund Balance
Unrestricted Net Assets$7,909,243$7,407,032▼ $502,211
Total Net Assets Fund Balance$7,909,243$7,407,032▼ $502,211
Total Liabilities and Net Assets / Fund Balance$7,909,845$7,406,628▼ $503,217

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$456,363--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Sharon Wilson GenoAsst Sec/tre$378,388$378,388
Joseph a BudzynskiAsst Sec/tre$332,153$332,153
Robert GibsonAsst. Sec/tr$332,046$332,046
Nancy a GavinAsst. Sec/tr$224,221$224,221
Faith NutzAsst. Sec/tr$133,516$133,516

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$46
Investment Income
$370,414
Other Revenue
$0
Change in Net Assets
$369,533
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$927
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$875-$875
Other Expenses$52--$52
Total Functional Expenses$52$875$0$927
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
Investment in Voa Sunset Park, L.p.$-404
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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 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 faith nutz 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 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, 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.

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
Sunset Park
EIN
84-0633270
Phone
7033415000
Address
1660 DUKE STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Joseph a Budzynski
Title
Asst Sec/treas & CFO
Phone
7033415000
Signed
2019-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph a Budzynski
Formed
1970
Legal Domicile
Co
Voting Board Members
15
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
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To plan, construct, operate, maintain, improve, and provide rental housing and related facilities and services for elderly families and elderly persons on a non-profit basis specially designed to meet the physical, social, and psychological needs of the aged, and contribute to their health, security, happiness and usefulness in longer living.

Form 990, Part XI, Line 9

DISTRIBUTIONS -871,744

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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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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIRMA
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/TRE
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IRS990/Form990PartVIISectionAGrp/TitleTxt17ASST SEC/TRE
IRS990/Form990PartVIISectionAGrp/TitleTxt18ASST. SEC.
IRS990/Form990PartVIISectionAGrp/TitleTxt19ASST. SEC.
IRS990/Form990PartVIISectionAGrp/TitleTxt20ASST. SEC/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt21ASST. SEC/TR
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1875471
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2456363
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM BUYER
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM LIMITED PARTNER
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ACCRUED INTEREST
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INVESTMENT IN VOA SUNSET PARK, L.P.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0128
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt1132
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt2132
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt3132
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt4132
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt5128
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt6139
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0448407
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1276105
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2268124
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3267051
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4226876
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt5136958
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt6136521
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt086014
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt164417
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt228800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt328800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt446219
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt533795
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt628409
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt064768
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt135599
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt233091
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt334171
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt43475
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt579248
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt658067
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt12135
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt21899
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt31999
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt43091
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt51663
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt61085
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1SHARON WILSON GENO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2ROBERT GIBSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3JOSEPH A BUDZYNSKI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4PATRICK N SHERIDAN
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2ASST. SEC/TREAS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3ASST SEC/TREAS & CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4ASST. SEC.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt5ASST. SEC.
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt6ASST. SEC/TREAS
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1378388
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2332046
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3332153
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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.$1.88$0.00$1.88$0.10$0.00$0.10
2024Summary only. Only limited summary data is available for this year.$2.88$0.00$2.88$0.13$0.00$0.13
2023Summary only. Only limited summary data is available for this year.$3.44$0.00$3.44$0.17$0.00$0.17
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.26$0.00$4.26$0.22$0.00$0.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.35$0.00$5.35$0.31$0.00$0.31
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.42$0.00$6.42$0.34$0.00$0.34
2019Detailed filing. Detailed filing data is available for this year.$7.41$0.00$7.41$0.37$0.00$0.37
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.91$0.00$7.91$0.39$0.00$0.39
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.62$0.00$8.62$0.42$0.00$0.42
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.63$0.00$9.63$0.47$0.00$0.47
2015Detailed filing. Detailed filing data is available for this year.$10.2$0.00$10.2$0.45$0.00$0.45
2014Detailed filing. Detailed filing data is available for this year.$9.76$0.00$9.76$0.44$0.00$0.44
2013Summary only. Only limited summary data is available for this year.$9.67$0.35$9.33$0.42$0.35$0.08
2012Summary only. Only limited summary data is available for this year.$9.26$0.01$9.25$0.41$0.00$0.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.84$0.01$8.84$0.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $5M-$10M nonprofits