Volunteers Of America is located in Brunswick, ME. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Volunteers Of America is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AFFORDABLE HOUSING TO QUALIFIED PERSONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES AFFORDABLE HOUSING TO QUALIFIED PERSONS UNDER US DEPARTMENT OF AGRICULTURE RURAL DEVELOPMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Hooks Wayman President/ceo | OfficerTrustee | 0.1 | $0 |
Brad Macdonald Director | Trustee | 0.1 | $0 |
Eric French Director | Trustee | 0.1 | $0 |
Courtney Pladsen Director | Trustee | 0.1 | $0 |
Jessie Lilly Past CFO & Treasurer/secretary | Officer | 0.1 | $0 |
Pam Zagorski CFO & Treasurer/secretary | Officer | 0.1 | $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 | $62,938 |
Investment income | $952 |
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 | $63,890 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $6,408 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,300 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,241 |
Advertising and promotion | $12 |
Office expenses | $257 |
Information technology | $2,724 |
Royalties | $0 |
Occupancy | $23,983 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $15,596 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $11,298 |
Insurance | $3,034 |
All other expenses | $0 |
Total functional expenses | $72,853 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $19,584 |
Savings and temporary cash investments | $418,243 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $36,580 |
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 | -$3,034 |
Net Land, buildings, and equipment | $776,561 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $18,731 |
Total assets | $1,266,665 |
Accounts payable and accrued expenses | $547 |
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 | $1,115,404 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $18,731 |
Total liabilities | $1,134,682 |
Net assets without donor restrictions | $131,983 |
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 | $1,266,665 |