Volunteers Of America Inc is located in Alexandria, VA. 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. 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 $472.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $495.7k during the year ending 06/2022. While expenses have increased by 2.7% per year over the past 7 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
PROVIDES HOUSING TO ELDERLY AND DISABLED PERSONS & FAMILIES UNDER SECTION 202 OF THE NATIONAL HOUSING ACT UNDER AN AGREEMENT WITH THE DEPARTMENT OF HUD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES HOUSING TO ELDERLY AND DISABLED PERSONS & FAMILIES UNDER SECTION 202 OF THE NATIONAL HOUSING ACT UNDER AN AGREEMENT WITH THE DEPARTMENT OF HUD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael W King President | OfficerTrustee | $0 | |
Patti Arnold Chairperson | OfficerTrustee | $0 | |
Jane Burks Treasurer | OfficerTrustee | $0 | |
Thomas Dolan Secretary | OfficerTrustee | $0 | |
Nancy Rase Vice Chair | OfficerTrustee | $0 | |
Kimberly King Asst. Sec/tr | Officer | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $472,594 |
Investment income | $78 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $472,672 |
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 | $123,559 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $31,844 |
Payroll taxes | $12,186 |
Fees for services: Management | $26,709 |
Fees for services: Legal | $244 |
Fees for services: Accounting | $9,956 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,127 |
Office expenses | $16,157 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $69,324 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,979 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $89,322 |
Insurance | $0 |
All other expenses | $187 |
Total functional expenses | $495,739 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $46,979 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4 |
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 | $14,753 |
Net Land, buildings, and equipment | $1,260,736 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $163,951 |
Total assets | $1,486,423 |
Accounts payable and accrued expenses | $48,022 |
Grants payable | $0 |
Deferred revenue | $14 |
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 | $1,600 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $28,990 |
Total liabilities | $78,626 |
Net assets without donor restrictions | -$1,238,903 |
Net assets with donor restrictions | $2,646,700 |
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 | $1,486,423 |
Organization Name | Assets | Revenue |
---|---|---|
Volunteers Of America Inc Alexandria, VA | $210,006,167 | $21,780,396 |
Volunteers Of America Inc Alexandria, VA | $3,608,845 | $4,902,989 |
Volunteers Of America Inc Alexandria, VA | -$6,048,666 | $135,727 |
Volunteers Of America Inc Alexandria, VA | $2,299,471 | $669,727 |
Volunteers Of America Inc Alexandria, VA | $2,805,454 | $973,965 |
Volunteers Of America Inc Alexandria, VA | $3,201,961 | $666,366 |
Volunteers Of America Inc Alexandria, VA | $3,181,502 | $962,955 |
Volunteers Of America Inc Alexandria, VA | $5,971,682 | $644,690 |
Volunteers Of America Inc Alexandria, VA | $3,844,978 | $610,020 |
Volunteers Of America Inc Alexandria, VA | $1,624,149 | $450,386 |
Volunteers Of America Inc Alexandria, VA | $2,965,432 | $449,101 |
Volunteers Of America Inc Alexandria, VA | $2,703,034 | $586,330 |