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
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In

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

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Sign In

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
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

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
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Portland VOA Elderly Housing Inc Bayview Heights with other nonprofits in Virginia and across the country.