Portland VOA Elderly Housing Inc Bayview Heights

EIN: 010477749 501(c)(3)

Alexandria, VA

Total Revenue
$659,787
Total Expenses
$750,720
Total Assets
$3,762,569
Net Assets
$3,587,750
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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
ME
Principal Officer
Peter Desjardins
Phone
7033415000
Tax Period
2023-07-01 to 2024-06-30

Portland VOA Elderly Housing Inc Bayview Heights is a 501(c)(3) with EIN 010477749, based in Alexandria, VA. Founded in 1993, the organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $659,787 in total revenue and $750,720 in total expenses, with net assets of $3,587,750.

Mission

Provide housing to low income elderly persons under Section 202 of the National Housing Act

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $632,051
Investment Income $4,018
Other Revenue $23,718
TOTAL REVENUE $659,787

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $598,502
Other Expenses $750,720
TOTAL EXPENSES $750,720

Year-over-Year Comparison

2023 2022 Change
Revenue $659,787 $634,309 +0.0%
Expenses $750,720 $720,503 +0.0%
Net Income $-90,933 $-86,194 +0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
15
Independent Members
14
Employees
N/A
Volunteers
14

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
14
$3,236,488
Total Directors
15
$825,085
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nancy Rase Chairperson 0.00
Officer Director
$0 $0 $0
Derrick Perkins Vice Chair 0.00
Officer Director
$0 $0 $0
Karen Erickson Treasurer 0.00
Officer Director
$0 $0 $0
Andy Edeburn Secretary 0.00
Officer Director
$0 $0 $0
Patti Arnold Director/Immediate Past Chair 0.00
Officer Director
$0 $0 $0
Beth Mullen Director 0.00
Director
$0 $0 $0
Edwina Carrington Director 0.00
Director
$0 $0 $0
Pierre Vigilance Director 0.00
Director
$0 $0 $0
Voris Vigee Director 0.00
Director
$0 $0 $0
Keith Knapp Director 0.00
Director
$0 $0 $0
Shawn Bloom Director 0.00
Director
$0 $0 $0
Jeanne Peterson Director 0.00
Director
$0 $0 $0
Karen Hackett Director 0.00
Director
$0 $0 $0
Patrick Sheridan Director 0.00
Director
$0 $0 $0
Michael W King President 0.00
Officer Director
$0 $179,300 $825,085
Joseph A Budzynski Asst. Treasurer/Asst. Secretary 0.00
Officer
$0 $108,473 $449,025
Kimberly B King Asst. Treasurer/Asst. Secretary 0.00
Officer
$0 $72,836 $505,656
Peter J Desjardins Asst. Treasurer/Asst. Secretary 0.00
Officer
$0 $40,162 $298,349
David W Paskoff Asst. Treasurer/Asst. Secretary 0.00
Officer
$0 $17,712 $185,097
Nancy A Gavin Asst. Secretary/Asst. Treasurer 0.00
Officer
$0 $95,108 $275,369
Faith A Nutz Asst. Secretary/Asst. Treasurer 0.00
Officer
$0 $20,965 $159,860
David Nisivoccia Asst. Treasurer/Asst. Secretary 0.00
Officer
$0 $4,998 $220,518
Paul F Soczynski Asst. Treasurer/Asst. Secretary 0.00
Officer
$0 $26,987 $317,529
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $659,787 $750,720 $3,762,569 $-90,933
2023 $634,309 $720,503 $3,775,572 $-86,194
2022 $610,020 $693,036 $3,844,978 $-83,016
2021 $615,537 $709,022 $3,931,399 $-93,485
2020 $574,487 $656,982 $4,006,221 $-82,495
2019 $553,434 $662,592 $4,072,492 $-109,158
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