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← USVETS HOUSING CORPORATION

Form 990 for tax year 2023

Filed by USVETS HOUSING CORPORATION.

Totals

Total revenue
$2,335,992
Total expenses
$8,664,878
Contributions and grants received
$2,445,502
Grants paid
$8,290,000
Program service revenue
$0
Investment income
-$109,554
Other revenue
$44
Total assets, end of year
$88,388,943
Total liabilities, end of year
$5,500,045
Net assets or fund balances, end of year
$82,888,898
Program services expenses (Part IX)
$8,290,000
Management and general expenses
$352,737
Fundraising expenses
$22,141
Program service expenses (Part III)
$8,290,000

Program services were 95.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • STEPHEN PECK

    SECRETARY

    Total calculated
    $394,445
    From this org
    $0
    From related orgs
    $375,935
    Other
    $18,510
    Hours/week
    5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $365,051 related
    Bonus
    $0 + $10,884 related
    Other
    $0
    Deferred
    $0 + $7,982 related
    Nontaxable benefits
    $0 + $10,528 related
    Filer's total
    $0 + $394,445 related
  • DANIEL T WARZENSKI

    CFO/TREASURER

    Total calculated
    $290,075
    From this org
    $0
    From related orgs
    $273,373
    Other
    $16,702
    Hours/week
    5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $265,459 related
    Bonus
    $0 + $7,914 related
    Other
    $0
    Deferred
    $0 + $7,964 related
    Nontaxable benefits
    $0 + $8,738 related
    Filer's total
    $0 + $290,075 related
  • LORI ALLGOOD

    COO

    Total calculated
    $212,549
    From this org
    $0
    From related orgs
    $202,021
    Other
    $10,528
    Hours/week
    5 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $202,021 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $10,528 related
    Filer's total
    $0 + $212,549 related
  • JOSEPH CZYZYK

    CEO

    Total calculated
    $0
    Hours/week
    5
  • JEROLD NEUMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION OF THE CFO, COO, AND SECRETARY IS DETERMINED BY THE BOARD OF DIRECTORS EXECUTIVE COMMITTEE, AFTER A COMPREHENSIVE MARKET STUDY. UNITED STATES VETERANS INITIATIVE IS THE EMPLOYER OF RECORD FOR ALL EMPLOYEES WORKING ON U.S. VETS HOUSING CORPORATION PROJECTS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • US VETS E STREET LLC

    DEVELOPMENT OF VETERAN HOUSING · CA · income $0 · assets $1,838,388

    Directly controlled by US VETS HOUSING CORPORATION

  • US VETS 17TH STREET LLC

    DEVELOPMENT OF VETERAN HOUSING · CA · income $0 · assets $329,909

    Directly controlled by US VETS HOUSING CORPORATION

  • US VETS MVV BUILDING 1 LLC

    DEVELOPMENT OF VETERAN HOUSING · CA · income $0 · assets $9,465,687

    Directly controlled by US VETS HOUSING CORPORATION

  • WLA VA BUILDING 300

    DEVELOPMENT OF VETERAN HOUSING · CA · income $226,482 · assets $45,108,368

    Directly controlled by US VETS HOUSING CORPORATION

  • US VETS VENTURA LLC

    DEVELOPMENT OF VETERAN HOUSING · CA · income $0 · assets $0

    Directly controlled by US VETS HOUSING CORPORATION

  • US VETS PHOENIX LLC

    DEVELOPMENT OF VETERAN HOUSING · CA · income $1,285,121 · assets $12,505,961

    Directly controlled by US VETS HOUSING CORPORATION

  • US VETS - FORT WHIPPLE LLC

    DEVELOPMENT OF VETERAN HOUSING · CA · income $0 · assets $120,000

    Directly controlled by US VETS HOUSING CORPORATION

  • WLA VA BUILDING 210 LLC

    DEVELOPMENT OF VETERAN HOUSING · CA · income $0 · assets $2,729,245

    Directly controlled by US VETS HOUSING CORPORATION

  • USVETS -PHASE 4 LLC

    DEVELOPMENT OF VETERAN HOUSING · CA · income $0 · assets $1,591,247

    Directly controlled by US VETS HOUSING CORPORATION

Provenance

Return type
form_990
Tax year
2023
Filed
7 May 2025
IRS schema version
2023v6.0
Source object
202501289349303640

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