VOANS SENIOR COMMUNITY CARE OF NORTH CAROLINA INC

EIN: 271529097 501(c)(3)

EDEN PRAIRIE, MN

Total Revenue
$24,285,636
Total Expenses
$22,287,050
Total Assets
$5,368,983
Net Assets
$-3,660,883
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
MN
Principal Officer
JOSEPH BUDZYNSKI
Phone
6124287800
Tax Period
2024-07-01 to 2025-06-30

VOANS SENIOR COMMUNITY CARE OF NORTH CAROLINA INC, founded in 2009, is a mid-sized nonprofit that reported $24.3M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $22.3M left a modest 8% surplus.

Mission

ESTABLISHED IN 1896, VOLUNTEERS OF AMERICA IS A NATIONAL, NONPROFIT, FAITH-BASED ORGANIZATION PROVIDING SERVICES SUCH AS HOUSING AND HEALTHCARE TO MORE THAN 2 MILLION PEOPLE IN OVER 400 COMMUNITIES EACH YEAR. IN SUPPORT OF THAT MISSION, VOANS SENIOR COMMUNITY CARE OF NORTH CAROLINA INC. WAS ORGANIZED AND IS OPERATED TO ENGAGE IN, ADVANCE SUPPORT, PROMOTE, AND ADMINISTER HEALTH AND HEALTH-RELATED SERVICES AND SUPPORTIVE SERVICES TO SENIORS AND DISABLED INDIVIDUALS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $24,274,352
Investment Income $8,513
Other Revenue $2,771
TOTAL REVENUE $24,285,636

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,963,593
Fundraising Expenses $0
Program Expenses $20,525,931
Other Expenses $18,323,457
TOTAL EXPENSES $22,287,050

Year-over-Year Comparison

2024 2023 Change
Revenue $24,285,636 $21,242,606 +0.1%
Expenses $22,287,050 $20,559,547 +0.1%
Net Income $1,998,586 $683,059 +1.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
3
Employees
65
Volunteers
3

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
5
$833,241
Total Directors
5
$841,049
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NISIVOCCIA DAVID DIRECTOR 0.50
Director
$0 $74,234 $516,603
BANASZYNSKI BARBARA C DIRECTOR 0.50
Director
$0 $104,803 $324,446
TURNBULLTHOMAS CHAIRPERSON 2.00
Officer Director
$0 $0 $0
SNYDER RUSS SECRETARY/TREASURER 2.00
Officer Director
$0 $0 $0
SHARDA MDNEEMA DIRECTOR 2.00
Director
$0 $0 $0
GAVIN NANCY A ASST. SECRETARY/ASST. TREASURER - THROUGH 04/2025 0.50
Officer
$0 $87,852 $285,594
NUTZ FAITH A ASST. SECRETARY/ASST. TREASURER 0.50
Officer
$0 $20,168 $169,200
SOCZYNSKI PAUL F ASST. SECRETARY/ASST. TREASURER 0.50
Officer
$0 $30,221 $378,447
ALSTON LENA NURSE PRACTITIONER 40.00
Highest
$131,608 $3,342 $134,950
FOY PAULINE NURSE PRACTITIONER 40.00
Highest
$102,627 $4,445 $107,072
HIVELY EMMA EXECUTIVE DIRECTOR 40.00
Highest
$134,887 $6,981 $141,868
HLEBOWITSH KRISTIN MEDICAL DIRECTOR 40.00
Highest
$132,872 $5,065 $137,937
SINGH MD AMRIT MEDICAL DIRECTOR 40.00
Highest
$152,769 $1,718 $154,487
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 $24,285,636 $22,287,050 $5,368,983 $1,998,586
2024 $21,242,606 $20,559,547 $3,890,799 $683,059
2023 $21,179,593 $20,203,045 $4,409,400 $976,548
2022 $17,503,599 $16,398,005 $2,821,773 $1,105,594
2021 $17,645,281 $15,446,903 $2,912,114 $2,198,378
2020 $17,588,601 $17,374,741 $2,193,452 $213,860
2019 $16,254,604 $15,990,199 $2,436,037 $264,405
2018 $15,925,282 $16,647,854 $3,738,074 $-722,572
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