REDFORD VOA ELDERLY HOUSING INC COVENTRY PLACE II

EIN: 721600835 501(c)(3)

ALEXANDRIA, VA

Total Revenue
$288,280
Total Expenses
$381,413
Total Assets
$2,518,196
Net Assets
$2,486,411
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
MI
Principal Officer
PETER DESJARDINS
Phone
7033415000
Tax Period
2023-07-01 to 2024-06-30

REDFORD VOA ELDERLY HOUSING INC COVENTRY PLACE II, founded in 2005, is a small nonprofit that reported $283K in total revenue in fiscal year 2018. Expenses of $345K exceeded revenue, resulting in a 22% operating deficit.

Mission

PROVIDES HOUSING TO ELDERLY AND DISABLED PERSONS AND FAMILIES UNDER SECTION 202 OF THE NATIONAL HOUSING ACT UNDER AN AGREEMENT WITH THE DEPARTMENT OF HUD

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Trantor Score

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

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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 $286,454
Investment Income $1,826
Other Revenue $0
TOTAL REVENUE $288,280

Expense Breakdown

Grants Paid $0
Salaries & Benefits $90,266
Fundraising Expenses $0
Program Expenses $342,289
Other Expenses $291,147
TOTAL EXPENSES $381,413

Year-over-Year Comparison

2023 2022 Change
Revenue $288,280 $289,732 0.0%
Expenses $381,413 $355,122 +0.1%
Net Income $-93,133 $-65,390 +0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Governance

Voting Members
15
Independent Members
13
Employees
N/A
Volunteers
N/A

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
8
$1,253,031
Total Directors
9
$220,517
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIMBERLY KING ASST. SEC/AS N/A
Officer
$0 $72,837 $505,657
JOSEPH BUDZYNSKI ASST SEC/ASS N/A
Officer
$0 $108,473 $449,025
PETER DESJARDINS VICE PRESIDE N/A
Officer
$0 $40,162 $298,349
DAVID NISIVOCCIA DIRECTOR N/A
Director
$0 $4,998 $220,517
TATIANA BRANSON DIRECTOR N/A
Director
$0 $0 $0
SETH CRAWFORD DIRECTOR N/A
Director
$0 $0 $0
HENDRICK FORBES DIRECTOR N/A
Director
$0 $0 $0
JOHN JAGELS DIRECTOR N/A
Director
$0 $0 $0
AUBREY MACFARLANE VICE PRESIDE N/A
Officer Director
$0 $0 $0
SUSAN REAMSNYDER DIRECTOR N/A
Director
$0 $0 $0
THOMAS TURNBULL PRESIDENT N/A
Officer Director
$0 $0 $0
ANGELA WILLIAMS SECRETARY/TR N/A
Officer Director
$0 $0 $0
ROBIN KELLER ASSISTANT SE N/A
Officer
$0 $0 $0
MICHELE WATKINS ASSISTANT SE N/A
Officer
$0 $0 $0
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 $288,280 $381,413 $2,518,196 $-93,133
2023 $289,732 $355,122 $2,605,877 $-65,390
2022 $291,889 $357,291 $2,665,820 $-65,402
2021 $274,663 $420,157 $2,742,216 $-145,494
2020 $284,436 $356,540 $2,883,554 $-72,104
2019 $282,948 $345,024 $2,966,986 $-62,076
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