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Nonprofiteer
← VICTORY VILLAGE INC

Form 990 for tax year 2024

Filed by VICTORY VILLAGE INC.

Totals

Total revenue
$1,901,599
Total expenses
$1,947,451
Contributions and grants received
$1,360,940
Grants paid
$0
Program service revenue
$379,272
Investment income
$0
Other revenue
$161,387
Total assets, end of year
$3,569,064
Total liabilities, end of year
$3,393,247
Net assets or fund balances, end of year
$175,817
Program services expenses (Part IX)
$941,593
Management and general expenses
$1,005,858
Fundraising expenses
$0
Program service expenses (Part III)
$941,593

Program services were 48.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $1,321,883

  • 1f · All other contributions, gifts and grants

    $39,057

  • 2a · Program service revenue: Program Income

    total $379,272 · related or exempt $379,272

  • 3 · Investment income

    total $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6a · Gross rents

    real property $141,997

  • 6c · Rental income or loss

    real property $141,997

  • 6d · Net rental income or loss

    total $141,997 · related or exempt $141,997

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $26,408

  • 8b · Fundraising events: direct expenses

    $7,199

  • 8c · Net income from fundraising events

    total $19,209

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: Miscellaneous

    total $181 · related or exempt $181

  • 11e · Other revenue, total

    $181

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $101,437 · program services $10,339 · management and general $91,098

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $722,927 · program services $73,683 · management and general $649,244

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $84,888 · program services $8,652 · management and general $76,236

  • 10 · Payroll taxes

    total $77,121 · program services $7,860 · management and general $69,261

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $37,186 · program services $33,412 · management and general $3,774

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $49,491 · program services $44,468 · management and general $5,023

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $32,263 · program services $374 · management and general $31,889

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $259,452 · program services $246,761 · management and general $12,691

  • 17 · Travel

    total $25,258 · program services $25,258

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $21,898 · management and general $21,898

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $26,490 · management and general $26,490

  • 23 · Insurance

    total $19,235 · program services $19,235

  • 24a · Other expenses: Grant Expenses

    total $185,037 · program services $185,037

  • 24b · Other expenses: Utilities

    total $103,220 · program services $98,171 · management and general $5,049

  • 24c · Other expenses: Training

    total $91,844 · program services $91,844

  • 24d · Other expenses: Housing & Assistance

    total $29,766 · program services $29,766

  • 24e · All other expenses

    total $79,938 · program services $66,733 · management and general $13,205

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,675 · end of year $2,094

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $17,394

  • 4 · Accounts receivable

    beginning of year $14,494 · end of year $49,384

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $12,353 · end of year $11,353

  • 10a · Land, buildings and equipment: cost or other basis

    $910,437

  • 10b · Land, buildings and equipment: accumulated depreciation

    $207,894

  • 10c · Land, buildings and equipment, net

    beginning of year $729,033 · end of year $702,543

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    beginning of year $2,786,296 · end of year $2,786,296

  • 17 · Accounts payable and accrued expenses

    beginning of year $65,827 · end of year $143,881

  • 23 · Secured mortgages and notes payable

    beginning of year $473,059 · end of year $463,067

  • 25 · Other liabilities

    beginning of year $2,786,296 · end of year $2,786,299

  • 27 · Net assets without donor restrictions

    beginning of year $221,669 · end of year $175,817

Mission and programs · 2024

Mission

Victory Village's purpose and mission is to develop affordable housing with innovative supportive services and programs for veterans, seniors, families, women and children experiencing homelessness, poverty, and vulnerability in underserved communities.

  • SSVF/GPD:DURING FY25, VICTORY VILLAGE SERVED 153 NEWLY REGISTERED OR RENEWED VETERANS AND SERVED 55 VETERANS THROUGH THE SUPPORTIVE SERVICES FOR VETERAN FAMILIES (SSVF) PROGRAM.PROVIDED TRANSITIONAL HOUSING TO 33 VETERANS, 4 SPOUSES, AND 2 CHILDREN, TOTALING 4,939 BED NIGHTS OF SHELTER.PROVIDED PERMANENT SUPPORTIVE HOUSING UNITS AND HOUSING STABILITY SERVICES TO 13 VETERANS/CIVILIANS AND 4 CHILDREN, TOTALING 6,047 PERMANENT SUPPORTIVE HOUSING BED NIGHTS.PROVIDED 653 HOUSING SERVICES, INCLUDING HOUSING NAVIGATION, HOUSING SEARCH AND STABILIZATION SUPPORT; 49 EMPLOYMENT SERVICES; 74 VA NAVIGATION SERVICES TO CONNECT VETERANS WITH VA BENEFITS, HEALTHCARE, AND OTHER RESOURCES; 6 MENTAL HEALTH SERVICES; 75 LIFE SKILLS SERVICES; 12 LOCAL BENEFIT SERVICES; 43 LEGAL SERVICES; 95 SENIOR SERVICES; AND 52 FAMILY SUPPORT SERVICES.THROUGH TRANSITIONAL HOUSING, PERMANENT SUPPORTIVE HOUSING, SSVF, AND OTHER VICTORY VILLAGE PROGRAMS, VETERANS AND THEIR FAMILIES WERE CONNECTED WITH CRITICAL RESOURCES AND SUPPORTS TO PREVENT AND END HOMELESSNESS, INCREASE INCOME AND SELF-SUFFICIENCY, ACCESS VA AND COMMUNITY BENEFITS, ADDRESS LEGAL AND EMPLOYMENT BARRIERS, AND ACHIEVE LONG-TERM HOUSING STABILITY.VOCATIONAL REHABILITATION:PROVIDED 3,547.18 HOURS OF ON-THE-JOB TRAINING AND VOCATIONAL REHABILITATION SERVICES TO 14 UNDEREMPLOYED, UNEMPLOYED, OR UNDERSKILLED INDIVIDUALS, INCLUDING 9 VETERANS AND 5 CIVILIANS, IN THE CONSTRUCTION TRADES. PROVIDED CASE MANAGEMENT, HANDS-ON SKILLS DEVELOPMENT, AND EMPLOYMENT SUPPORT TO ASSIST PARTICIPANTS IN ACHIEVING LONG-TERM EMPLOYMENT GOALS, INCLUDING INDUSTRY CERTIFICATIONS, LICENSING, JOB READINESS, AND DEVELOPMENT OF MARKETABLE CONSTRUCTION SKILLS.PROVIDED 25 HOURS OF CLINICAL THERAPY TO SUPPORT PARTICIPANTS IN ADDRESSING MENTAL HEALTH AND PERSONAL BARRIERS THAT MAY IMPACT EMPLOYMENT, TRAINING, AND LONG-TERM STABILITY.SUPPORTS INCLUDED TRAINING IN PUNCTUALITY, PROFESSIONAL COMMUNICATION WITH CO-WORKERS AND SUPERVISORS, CREATIVE PROBLEM SOLVING, CONFLICT RESOLUTION, APPROPRIATE WORKPLACE ATTIRE, PROPER CARE AND USE OF EQUIPMENT AND TOOLS, WORKPLACE SAFETY, PERSONAL RESPONSIBILITY, AND OTHER SKILLS NECESSARY TO OBTAIN AND MAINTAIN GAINFUL EMPLOYMENT.OTHER PROGRAM:SERVED 18 JUSTICE-INVOLVED VETERANS THROUGH THE VETERANS TREATMENT COURT PROGRAM DURING FY25. PROVIDED 162 HOURS OF CLINICAL GROUP THERAPY, ALONG WITH CASE MANAGEMENT, RESOURCE NAVIGATION, ADVOCACY, AND OTHER INDIVIDUALIZED SUPPORTIVE SERVICES AS NEEDED. SERVICES FOCUSED ON ADDRESSING BARRIERS THAT CONTRIBUTE TO JUSTICE SYSTEM INVOLVEMENT, SUPPORTING COMPLIANCE WITH COURT REQUIREMENTS, CONNECTING VETERANS TO VA AND COMMUNITY RESOURCES, PROMOTING LONG-TERM STABILITY AND RECOVERY, AND REDUCING THE RISK OF RECIDIVISM.

    Expenses $941,593

As filed on the 2024 return.

Listed in Part VII

  • Nichole M Mulford

    Total calculated
    $133,135
    From this org
    $133,135
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Michele Siefer

    Board Director

    Total calculated
    $101,436
    From this org
    $101,436
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Gary Redman

    Board Director

    Total calculated
    $0
    Hours/week
    1
  • Jose Arevalos

    Board Director

    Total calculated
    $0
    Hours/week
    1
  • Jacob Gonzales

    Board Director

    Total calculated
    $0
    Hours/week
    1
  • Jason Mulford

    President

    Total calculated
    $0
    Hours/week
    1
  • Leland Meyer

    VP/Treasurer

    Total calculated
    $0
    Hours/week
    1
  • Cameron Begbie

    Secretary

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
13 August 2026
IRS schema version
2024v5.2
Source object
202612259349302511

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