Volunteers Of America Inc
- Assets
- $15.3m
- Revenue
- $37.0m
- Investments
- $0.0
- Employees
- 776
- Location
- Minneapolis, MN
- Founding
- 05/1965
- Data as of
- 06/2022
- EIN
- 41-1554078
Organization Overview
Volunteers Of America Inc is located in Minneapolis, MN. The organization was established in 1965. According to its NTEE Classification (P26) the organization is classified as: Volunteers of America, under the broad grouping of Human Services and related organizations. As of 06/2023, Volunteers Of America Inc employed 776 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Volunteers Of America Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Volunteers Of America Inc generated $37.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $32.5m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CALLED TO SERVE SINCE 1896, VOLUNTEERS OF AMERICA OF MINNESOTA'S MISSION IS TO HELP PEOPLE BUILD HOPE, RESILIENCE, AND WELL-BEING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTERING INDEPENDENCE (OLDER ADULT SERVICES, HOUSING FOR OLDER ADULTS AND PEOPLE WITH DISABILITIES, DISABILITY SERVICES, MENTAL HEALTH)VOLUNTEERS OF AMERICA OF MINNESOTA FOSTERS THE HEALTH AND INDEPENDENCE OF OLDER ADULTS, PERSONS WITH DISABILITIES, AND THOSE STRUGGLING WITH MENTAL HEALTH THROUGH QUALITY AFFORDABLE HOUSING, BEHAVIORAL AND MENTAL HEALTH, AND COMMUNITY-BASED SERVICES. SERVICES AIM TO RESTORE, MAINTAIN, AND PROMOTE INDEPENDENCE, BY SUPPORTING PHYSICAL, EMOTIONAL, AND SPIRITUAL WELL-BEING. IMPACTS FROM LAST YEAR INCLUDE:4,104 OLDER ADULTS AND PEOPLE WITH DISABILITIES IN PUBLIC HOUSING RECEIVED IN-HOME SUPPORT OR COMMUNITY HEALTH WORKER SERVICES2,162 AFRICAN AMERICAN AND EAST AFRICAN OLDER ADULTS AND THEIR CAREGIVERS RECEIVED CULTURALLY APPROPRIATE SUPPORT, INFORMATION, AND RESOURCES ON ALZHEIMER'S AND RELATED DEMENTIAS, AS WELL AS OTHER CHRONIC HEALTH CONDITIONS2,107 OLDER ADULTS AND PEOPLE WITH DISABILITIES RECEIVED NUTRITIOUS MEALS1,459 OLDER ADULTS, PEOPLE WITH DISABILITIES, CAREGIVERS, AND PROFESSIONALS RECEIVED EDUCATION, SUPPORT, AND SERVICES THAT BALANCED PROTECTION OF ADULTS WHOSE CAPACITY IS IN QUESTION WITH PROMOTING THE BENEFITS OF SELF-DETERMINATION1,264 PEOPLE RECEIVED ESTATE PLANNING LEGAL SERVICES AND PROBATE PLANNING903 CHILDREN AND ADULTS RECEIVED MENTAL HEALTH SUPPORT, TREATMENT, AND CASE MANAGEMENT SERVICES582 OLDER ADULTS AND INDIVIDUALS WITH DISABILITIES RESIDED WITHIN AFFORDABLE OR SERVICE-ENRICHED HOUSING223 AFRICAN AMERICAN AND EAST AFRICAN OLDER ADULTS CONNECTED WITH COMMUNITY-BASED SUPPORTIVE SERVICES
ENCOURAGING POSITIVE DEVELOPMENT (EDUCATION, YOUTH RESIDENTIAL SERVICES, AND YOUTH SHELTER SERVICES)VOLUNTEERS OF AMERICA OF MINNESOTA BELIEVES THAT ALL YOUNG PEOPLE HAVE THE ABILITY TO REACH THEIR FULL POTENTIAL AND WORKS TO PREPARE CHILDREN AND ADOLESCENTS FOR SUCCESS IN SCHOOL, CAREER, AND LIFE. OVER THE YEARS, VOLUNTEERS OF AMERICA OF MINNESOTA HAS HELPED THOUSANDS OF CHILDREN AND ADOLESCENTS FLOURISH THROUGH PROMOTING POSITIVE DEVELOPMENT, HEALTH, AND ACADEMIC SUCCESS. IMPACTS FROM LAST YEAR INCLUDE:8,157 YOUNG PEOPLE STAYED ENGAGED IN SCHOOL110 KIDS WITH CHEMICAL DEPENDENCY AND/OR MENTAL HEALTH ILLNESS RECEIVED RESIDENTIAL TREATMENT43 YOUNG PEOPLE SAFELY HOUSED IN SHELTER
PROMOTING SELF-SUFFICIENCY (FAMILY SUPPORTIVE AFFORDABLE HOUSING AND COMMUNITY JUSTICE)VOLUNTEERS OF AMERICA OF MINNESOTA WORKS TO HELP INDIVIDUALS, FAMILIES, AND COMMUNITIES ATTAIN A SELF-SUFFICIENT, HEALTHY, AND SUSTAINABLE FUTURE THROUGH THE INTEGRATION OF AFFORDABLE HOUSING AND SUPPORTIVE SERVICES. VOLUNTEERS OF AMERICA UNDERSTANDS THAT HOUSING IS MORE THAN JUST A PLACE TO SLEEP, IT IS THE FOUNDATION FOR LIFE, OPPORTUNITY, AND UPWARD MOBILITY. IMPACTS FROM LAST YEAR INCLUDE:463 FAMILY MEMBERS REMAINED STABLY HOUSEDFOR OVER 50 YEARS, VOLUNTEERS OF AMERICA OF MINNESOTA HAS PROVIDED SERVICES TO HELP INDIVIDUALS WITH A CRIMINAL RECORD SUCCESSFULLY TRANSITION FROM PRISON TO A PRODUCTIVE LIFE IN THE COMMUNITY. SERVICES INCLUDE TRANSITIONAL HOUSING AND WORK-RELEASE PROGRAMS, AS WELL AS ONE OF THE STATE'S LONGEST STANDING AND MOST SUCCESSFUL TRANSITIONAL MENTORING PROGRAMS FOR THOSE LEAVING INCARCERATION. IMPACTS FROM LAST YEAR INCLUDE:737 MEN AND WOMEN RECEIVED RELATIONSHIP-BASED MENTORING AND SUPPORTIVE SERVICE276 MEN AND WOMEN SUPPORTED IN THE TRANSITION BACK TO COMMUNITY WITH TRANSITIONAL HOUSING OR HOME-BASED SUPPORT276 INDIVIDUALS RECEIVED WRAPAROUND SUPPORTIVE SERVICES THAT ADDRESS THE EDUCATIONAL, EMPLOYMENT, HEALTHCARE, HOUSING, AND FAMILY RELATIONSHIP NEEDS OF PEOPLE RE-ENTERING SOCIETY151 CURRENTLY OR PREVIOUSLY INCARCERATED MEN AND WOMEN CONNECTED WITH VOLUNTEER MENTORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Sop Chair | OfficerTrustee | 1 | $0 |
John Buske Immediate Past Chair | OfficerTrustee | 1 | $0 |
Nadia Yayitra Secretary | OfficerTrustee | 1 | $0 |
Lynn Blake Treasurer | OfficerTrustee | 1 | $0 |
Melissa Bayne Director | OfficerTrustee | 1 | $0 |
Bruce Beckman Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Salo Llc Staff Resources | 6/29/23 | $178,704 |
Robert Half Staff Resources | 6/29/23 | $274,162 |
Trio Community Meals Food Service For Programs | 6/29/23 | $389,056 |
New Horizon Foods Food Service For Programs | 6/29/23 | $943,988 |
Ukg Inc - Ultimate Software Payroll Services | 6/29/23 | $166,409 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $27,377 |
| Related organizations | $0 |
| Government grants | $4,899,142 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,222,053 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,148,572 |
| Total Program Service Revenue | $27,749,919 |
| Investment income | $19,522 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$9,302 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $36,984,941 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,203,954 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $506,678 |
| Compensation of current officers, directors, key employees. | $405,343 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,764,066 |
| Pension plan accruals and contributions | $125,311 |
| Other employee benefits | $2,246,192 |
| Payroll taxes | $1,437,839 |
| Fees for services: Management | $819,535 |
| Fees for services: Legal | $69,722 |
| Fees for services: Accounting | $78,585 |
| Fees for services: Lobbying | $30,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,106,632 |
| Advertising and promotion | $0 |
| Office expenses | $1,293,164 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,445,395 |
| Travel | $349,794 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $94,185 |
| Interest | $5,018 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $150,692 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $32,509,488 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,522,176 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $10,922 |
| Accounts receivable, net | $6,695,532 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $370,041 |
| Net Land, buildings, and equipment | $1,681,352 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $42,647 |
| Total assets | $15,322,670 |
| Accounts payable and accrued expenses | $2,277,626 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $466,141 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,697,170 |
| Total liabilities | $11,440,937 |
| Net assets without donor restrictions | $3,234,082 |
| Net assets with donor restrictions | $647,651 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,322,670 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Volunteers Of America Inc Eden Prairie, MN | $117,567,437 | $39,403,968 |
Volunteers Of America Inc Minneapolis, MN | $15,322,670 | $36,984,941 |
Volunteers Of America Inc Eden Prairie, MN | $54,244,206 | $25,397,142 |
Volunteers Of America Inc Eden Prairie, MN | $49,862,445 | $16,449,243 |
Volunteers Of America Inc Eden Prairie, MN | $16,123,561 | $8,644,106 |
Volunteers Of America Inc Eden Prairie, MN | $1,311,500 | $6,102,033 |
Volunteers Of America Inc Minneapolis, MN | $1,561,628 | $4,499,267 |
Volunteers Of America Inc Eden Prairie, MN | $956,819 | $3,869,284 |
Volunteers Of America Inc Eden Prairie, MN | $6,460,112 | $2,521,916 |
Volunteers Of America Inc Minneapolis, MN | $14,110,668 | $1,274,959 |
Voans Cde Inc Eden Prairie, MN | $410,909 | $116,594 |
Volunteers Of America Inc Eden Prairie, MN | $18,556,146 | $9,486 |
Volunteers Of America Inc Eden Prairie, MN | $1,074,711 | $26,811 |
Volunteers Of America Inc Minneapolis, MN | $0 | $0 |