Volunteers Of America Inc
- Assets
- $49.9m
- Revenue
- $16.4m
- Investments
- $0.0
- Employees
- 193
- Location
- Eden Prairie, MN
- Founding
- 05/1965
- Data as of
- 06/2022
- EIN
- 47-5437917
Organization Overview
Volunteers Of America Inc is located in Eden Prairie, 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 06/2022, Volunteers Of America Inc employed 193 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 $16.4m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 45.8% each year . All expenses for the organization totaled $16.5m during the year ending 06/2022. While expenses have increased by 13.0% per year over the past 2 years. They've been increasing with an increasing level of total revenue. 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
VOLUNTEERS OF AMERICA LEE COUNTY HEALTH CARE FACILITY PROVIDES HEALTHCARE SERVICES IN FLORIDA, INCLUDING NURSING AND LONG-TERM CARE, AND ASSISTED LIVING FACILITIES FOR SENIORS AND THOSE WITH DISABILITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
King Michael W President | OfficerTrustee | 3 | $0 |
Arnold Patti Chairperson | OfficerTrustee | 0.1 | $0 |
Rase Nancy Vice Chair | OfficerTrustee | 0.1 | $0 |
Burks Jane Treasurer | OfficerTrustee | 0.1 | $0 |
Dolan Thomas Secretary | OfficerTrustee | 0.1 | $0 |
Carrington Edwina Director | Trustee | 0.1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Volunteers Of America National Services Management Fees | 6/29/22 | $430,995 |
Gulf Coast Village Temporary Help | 6/29/22 | $391,638 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $4,300,000 |
| Government grants | $15,166 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,217 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,318,383 |
| Total Program Service Revenue | $12,132,499 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | -$2,580 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $941 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,449,243 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,896,847 |
| Pension plan accruals and contributions | $8,707 |
| Other employee benefits | $520,233 |
| Payroll taxes | $396,125 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $33,888 |
| Fees for services: Accounting | $17,025 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,315,699 |
| Advertising and promotion | $110,816 |
| Office expenses | $144,699 |
| Information technology | $110,826 |
| Royalties | $0 |
| Occupancy | $422,763 |
| Travel | $55,217 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,313 |
| Interest | $2,950,062 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,344,676 |
| Insurance | $869,690 |
| All other expenses | $44,835 |
| Total functional expenses | $16,532,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,994,451 |
| Savings and temporary cash investments | $510 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,213,893 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $41,067 |
| Prepaid expenses and deferred charges | $524,986 |
| Net Land, buildings, and equipment | $39,955,273 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,132,265 |
| Total assets | $49,862,445 |
| Accounts payable and accrued expenses | $1,351,989 |
| Grants payable | $0 |
| Deferred revenue | $73,032 |
| Tax-exempt bond liabilities | $48,325,114 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,971,846 |
| Total liabilities | $57,721,981 |
| Net assets without donor restrictions | -$7,859,536 |
| Net assets with donor restrictions | $0 |
| 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 | $49,862,445 |
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 |