Volunteers Of America Inc
- Assets
- $14.2m
- Revenue
- $13.2m
- Investments
- $0.0
- Employees
- 303
- Location
- Eden Prairie, MN
- Founding
- 05/1965
- Data as of
- 06/2021
- EIN
- 41-1647566
Organization Overview
Volunteers Of America Inc is located in Eden Prairie, MN. The organization was established in 1965. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 06/2021, Volunteers Of America Inc employed 303 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Volunteers Of America Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Volunteers Of America Inc generated $13.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $13.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
VOA CARE CENTERS, MINNESOTA PROVIDES HEALTHCARE SERVICES IN MINNESOTA, INCLUDING NURSING AND LONG-TERM CARE, AND ASSISTED AND INDEPENDENT LIVING FACILITIES FOR SENIORS AND THOSE WITH DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arnoldpatti Chairperson | OfficerTrustee | 0.1 | $0 |
Dolan Thomas Secretary | OfficerTrustee | 0.1 | $0 |
Rase Nancy Vice Chair | OfficerTrustee | 0.1 | $0 |
Burks Jane Treasurer | OfficerTrustee | 0.1 | $0 |
King Michael W President | OfficerTrustee | 3 | $0 |
Budzynski Joseph A Asst. Secretary/treasurer | Officer | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Voans Managment Fees | 6/29/21 | $545,289 |
Centrex Rehab Contract Therapy Provider | 6/29/21 | $706,135 |
Pathway Health Services Inc Contract Therapy Provider | 6/29/21 | $510,656 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $4,970 |
| Related organizations | $2,650,000 |
| Government grants | $212,992 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,867,962 |
| Total Program Service Revenue | $10,334,475 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $15,456 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$239 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,217,654 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $15,739 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,391,174 |
| Pension plan accruals and contributions | $30,190 |
| Other employee benefits | $641,486 |
| Payroll taxes | $391,213 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,938 |
| Fees for services: Accounting | $17,303 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,671,726 |
| Advertising and promotion | $115,300 |
| Office expenses | $564,362 |
| Information technology | $140,809 |
| Royalties | $0 |
| Occupancy | $560,811 |
| Travel | $2,756 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $261 |
| Interest | $170,384 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $443,371 |
| Insurance | $193,735 |
| All other expenses | $155,928 |
| Total functional expenses | $13,525,614 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,655 |
| Savings and temporary cash investments | $1,283,707 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,599,449 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $69,794 |
| Prepaid expenses and deferred charges | $408,482 |
| Net Land, buildings, and equipment | $3,577,006 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,208,334 |
| Total assets | $14,153,427 |
| Accounts payable and accrued expenses | $3,139,484 |
| Grants payable | $0 |
| Deferred revenue | $1,294 |
| Tax-exempt bond liabilities | $3,004,656 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $28,654 |
| Total liabilities | $6,174,088 |
| Net assets without donor restrictions | $7,979,339 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $14,153,427 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Volunteers Of America Inc has recieved totaling $1,890,000.
| Awarding Organization | Amount |
|---|---|
Volunteers Of America Inc Eden Prairie, MN PURPOSE: OPERATIONS | $1,890,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Knute Nelson Alexandria, MN | $65,707,296 | $38,034,818 |
Foundation For Health Care Continuums Sartell, MN | $70,652,957 | $36,760,475 |
Missouri Slope Lutheran Care Center Bismarck, ND | $98,166,713 | $36,127,311 |
Elim Homes Inc Edina, MN | $49,132,741 | $36,791,332 |
Benedictine Living Communities Inc Minneapolis, MN | $22,523,153 | $33,504,114 |
Valley Homes And Services Grand Forks, ND | $24,112,129 | $31,398,381 |
American Lutheran Homes Inc Fargo, ND | $43,343,032 | $34,765,772 |
Walker Methodist Minnetonka, MN | $71,311,636 | $29,368,798 |
Lyngblosten Care Center Inc St Paul, MN | $25,120,297 | $27,402,531 |
Ebenezer Society Edina, MN | $59,031,436 | $25,607,593 |
The Lutheran Home Inc Wauwatosa, WI | $32,526,623 | $29,348,190 |
Grace Lutheran Foundation Inc Eau Claire, WI | $34,935,456 | $25,987,857 |