Volunteers Of America

Organization Overview

Volunteers Of America is located in Brunswick, ME. The organization was established in 1965. According to its NTEE Classification (P26) the organization is classified as: Volunteers of America, under the broad grouping of Human Services and related organizations. As of 06/2022, Volunteers Of America employed 343 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Volunteers Of America 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 06/2022, Volunteers Of America generated $12.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $11.5m during the year ending 06/2022. While expenses have increased by 4.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

OFFERING HIGH QUALITY AFFORDABLE HOUSING, RESIDENTIAL TREATMENT, AND SOCIAL SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES AFFORDABLE AND SUPPORTIVE HOUSING AND COMMUNITY-BASED SOCIAL SERVICES WITHIN MAINE AND NEW HAMPSHIRE.


PASS-THROUGH INCOME FROM ELDERLY HOUSING PROJECT - VOANNE BANGOR SENIOR HOUSING L.P.


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Board, Officers & Key Employees

Name (title)Compensation
Richard Hooks Wayman
President/ceo
$121,481
Teresa Baldwin
COO
$120,965
Jessie Lilly
CFO
$89,310
Brad Macdonald
Treasurer
$0
Rob Johnson
Chairman
$0
Sarah Higgins
Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Mas Medical Staffing
Temp Staffing
$101,764
Berrydunn
Accounting Services
$112,650
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$10,679
Membership dues$0
Fundraising events$0
Related organizations$33,971
Government grants $10,352,509
All other contributions, gifts, grants, and similar amounts not included above$462,007
Noncash contributions included in lines 1a–1f $31,902
Total Revenue from Contributions, Gifts, Grants & Similar$10,859,166
Total Program Service Revenue$1,199,538
Investment income $5,219
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $75,343
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,139,266

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Volunteers Of America has recieved totaling $27,210.

Awarding OrganizationAmount
Maine Community Foundation Inc

Ellsworth, ME

PURPOSE: Center to Support Independence of Specific Population

$22,710
Narragansett Number One Foundation

Bar Mills, ME

PURPOSE: FUND PROGRAM THAT HELPS VETERANS

$3,500
Theodore And Elizabeth Schmidt Family Foundation

Salt Lake City, UT

PURPOSE: GENERAL SUPPORT

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,266,476
Earnings-$118,455
Admin Expense$22,435
Net Contributions$90,321
Ending Balance$1,215,907

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