VICTOR HERNANDEZ BUILDING ELD HSG VICTOR HERNANDEZ BUILDING

EIN: 870689590 501(c)(3)

ALEXANDRIA, VA

Total Revenue
$469,047
Total Expenses
$535,458
Total Assets
$3,531,507
Net Assets
$3,319,518
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
PR
Principal Officer
DEJERNETTE BEATY
Phone
7033415000
Tax Period
2024-07-01 to 2025-06-30

VICTOR HERNANDEZ BUILDING ELD HSG VICTOR HERNANDEZ BUILDING, founded in 2003, is a small nonprofit that reported $404K in total revenue in fiscal year 2018. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $503K exceeded revenue, resulting in a 25% 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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $468,388
Investment Income $659
Other Revenue $0
TOTAL REVENUE $469,047

Expense Breakdown

Grants Paid $0
Salaries & Benefits $107,758
Fundraising Expenses $0
Program Expenses $490,448
Other Expenses $427,700
TOTAL EXPENSES $535,458

Year-over-Year Comparison

2024 2023 Change
Revenue $469,047 $458,994 +0.0%
Expenses $535,458 $614,557 -0.1%
Net Income $-66,411 $-155,563 -0.6%
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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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
6
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
$1,751,877
Total Directors
6
$516,603
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID NISIVOCCIA SECRETARY/TR N/A
Officer Director
$0 $74,234 $516,603
JOSEPH BUDZYNSKI ASST SEC/ASS N/A
Officer
$0 $116,809 $465,439
PETER DESJARDINS VICE PRESIDE N/A
Officer
$0 $40,506 $319,503
KIMBERLY KING ASST. SEC/AS N/A
Officer
$0 $33,529 $256,810
DEJERNETTE BEATY ASST. TREAS/ N/A
Officer
$0 $20,135 $193,522
NINOSHKA CABALLERO DIRECTOR N/A
Director
$0 $0 $0
ALBERTO MALDONADO DIRECTOR N/A
Director
$0 $0 $0
PAT NORSTEDT DIRECTOR N/A
Director
$0 $0 $0
WENDY SOTO DIRECTOR N/A
Director
$0 $0 $0
THOMAS TURNBULL PRESIDENT N/A
Officer Director
$0 $0 $0
ROBIN KELLER ASSISTANT SE N/A
Officer
$0 $0 $0
ANGELA WILLIAMS ASST. SEC/AS 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 $469,047 $535,458 $3,531,507 $-66,411
2024 $458,994 $614,557 $3,602,609 $-155,563
2023 $451,050 $557,243 $3,621,136 $-106,193
2022 $450,168 $501,430 $3,694,971 $-51,262
2021 $452,101 $529,972 $3,721,737 $-77,871
2020 $433,445 $530,084 $3,792,371 $-96,639
2019 $403,551 $502,969 $3,894,785 $-99,418
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