Volunteers Of America Inc
- Assets
- $4.1m
- Revenue
- $9.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Eden Prairie, MN
- Founding
- 05/1965
- Data as of
- 06/2021
- EIN
- 46-5041242
Organization Overview
Volunteers Of America Inc is located in Eden Prairie, MN. The organization was established in 1965. According to its NTEE Classification (G54) the organization is classified as: Epilepsy, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. 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 $9.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 31.9% each year . All expenses for the organization totaled $9.0m during the year ending 06/2021. 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
VOANS PACE HOLDING COMPANY (THE ORGANIZATION) WAS FORMED IN FISCAL YEAR 2014 TO PRIMARILY OWN AND OPERATE PACE PROGRAMS. PACE (PROGRAM OF ALL-INCLUSIVE CARE FOR THE ELDERLY) SERVES INDIVIDUALS WHO ARE AGES 55 OR OLDER, CERTIFIED BY THEIR STATE TO BE ELIGIBLE FOR NURSING HOME CARE, ABLE TO LIVE SAFELY IN THE COMMUNITY AT THE TIME OF ENROLLMENT, AND RESIDE IN A PACE SERVICE AREA. THE PACE MODEL OF CARE BEGAN IN THE EARLY 1970'S AND HAS BECOME A NATIONALLY KNOWN PROGRAM THAT PROVIDES A FULL RANGE OF CARE TO SENIORS WITH CHRONIC CARE NEEDS WHILE ALLOWING THEM TO REMAIN IN THEIR OWN HOMES FOR AS LONG AS POSSIBLE. THE ORGANIZATION IS A 60% MEMBER OF VOANS SENIOR COMMUNITY CARE OF MICHIGAN, INC., WHICH OPERATES A PACE PROGRAM IN LANSING, MICHIGAN. THE ORGANIZATION IS THE SOLE MEMBER OF VOANS SENIOR COMMUNITY CARE OF COLORADO, INC. AND VOANS SENIOR COMMUNITY CARE OF NORTH CAROLINA, INC., WHICH OPERATE PACE PROGRAMS IN WESTERN COLORADO AND DURHAM, NORTH CAROLINA, RESPECTIVELY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arnoldpatti Chairperson | OfficerTrustee | 0.1 | $0 |
King Michael W President | OfficerTrustee | 3 | $0 |
Rase Nancy Vice Chair | OfficerTrustee | 0.1 | $0 |
Burks Jane Treasurer | OfficerTrustee | 0.1 | $0 |
Dolan Thomas Secretary | OfficerTrustee | 0.1 | $0 |
Budzynski Joseph A Asst. Secretary/treasurer | Officer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $8,950,000 |
| Investment income | $35,752 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,985,752 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,272 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $8,950,000 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $654 |
| All other expenses | $131 |
| Total functional expenses | $8,952,057 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $610,709 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,451,400 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,018 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,063,127 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| 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 | $2,005,091 |
| Total liabilities | $2,005,091 |
| Net assets without donor restrictions | $2,058,036 |
| 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 | $4,063,127 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Volunteers Of America Inc Eden Prairie, MN | $4,063,127 | $8,985,752 |
Epilepsy Foundation Of Minnesota Inc St Paul, MN | $4,704,963 | $1,869,642 |
First Pace Credit Union West St Paul, MN | $11,002,655 | $388,101 |
Epilepsy Foundation Of Wisconsin Inc Stevens Point, WI | $167,277 | $202,970 |
Epilepsy Foundation Of Western Wisconsin Inc Eau Claire, WI | $13,302 | $0 |
Epilepsy Families Southeast Wisconsin Inc Milwaukee, WI | $202,195 | $0 |
Road Runners Club Of America Menasha, WI | $12,116 | $20,977 |