2024-11-12T17:04:15-05:00 2023-12-31 474306215 Mullins PC 7625 Wisconsin Avenue Bethesda MD 20814 990 2023-01-01 462901904 Victory Lakeside Inc VICT 11400 Rockville Pike STE 505 Rockville MD 20852 Leila A Finucane President & CEO 3014936000 2024-11-14 true true John Mullins P01429307 2027706371 2024-11-12 2023 2024-10-15 13:58:12Z Leila A Finucane 693171 false X N/A X 2012 MD Affordable housing and services 3 3 0 3 0 0 0 733697 693126 12 45 0 733709 693171 0 0 66445 67728 0 0 566751 741969 633196 809697 100513 -116526 3042781 3306146 2415733 2795624 627048 510522 Affordable housing and services false false 778667 54 rental apartment units providing affordable housing and related social services to low- and moderate-income senior citizens. 778667 true false false false false false false false false false true false false true true false false false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 0 0 true 0 true false false false false false false false false false false false false X 3 3 false false false false true true true true true false false true true true true true true false false false X Sarah ORielly 3014936000 11400 Rockville Pike Suite 505 Rockville MD 20852 Leila A Finucane President & CEO 1.00 39.00 X 0 411552 54890 Michelle M Limeres Treasurer 1.00 39.00 X 0 280402 43589 Jeffrey Blackwell Asst Secretary 1.00 39.00 X 0 248660 42407 Jacqueline R Smedley Vice President 1.00 39.00 X 0 245203 41189 Sarah ORielly Secretary 1.00 39.00 X 0 212802 40398 Michael Gill Director 0.50 5.00 X 0 0 0 Donald Tomasso Director 0.50 5.00 X 0 0 0 James Pope Director 0.50 5.00 X 0 0 0 0 1398619 222473 0 false true false Affordable Housing Rent 531110 544313 544313 Fees & Contracts Gov Ag 531110 135916 135916 Miscellaneous Revenue 531110 12897 12897 693126 45 45 693171 693126 0 45 X 41334 41334 26394 26394 31030 31030 813 813 66240 66240 1019 1019 17230 17230 147 147 378 378 136764 136764 87862 87862 Operating & maintenance 91339 91339 Real estate taxes 44231 44231 Utilities 36370 36370 Loss on disposal fixed asset 218305 218305 10241 10241 809697 778667 31030 0 45296 86481 4144 3057 26306 26429 3523955 661902 2780614 2862053 3004 75831 183417 252295 3042781 3306146 7559 14307 1270 1581 2308265 2725000 98639 54736 2415733 2795624 X 627048 510522 627048 510522 3042781 3306146 -116526 0 X false false X 765893 844030 890416 704309 680229 3884877 765893 844030 890416 704309 680229 3884877 3884877 2493 1514 754 12 45 4818 2493 1514 754 12 45 4818 10718 4818 9087 29338 12897 66858 779104 850362 900257 733659 693171 3956553 0.98190 0.98190 0.00000 0.00000 X 990000 990000 1873474 487810 1385664 599236 134878 464358 33271 11240 22031 27974 27974 2862053 Escrow reservesdeposits 114747 Reserve for replacements 49219 Resident security deposits 38821 Accrued Partnership Mgmt Fees 49508 252295 Victory Housing accrued interest 12906 Long-term deferred revenue 4010 Resident security deposits 37820 54736 false false false false false false false false false Leila A Finucane President & CEO 316377 91500 3675 46958 7932 466442 Jacqueline R Smedley Vice President 204603 40000 600 29686 11503 286392 Michelle M Limeres Treasurer 234098 45900 404 34115 9474 323991 Jeffrey Blackwell Asst Secretary 206960 41100 600 30796 11611 291067 Sarah ORielly Secretary 182002 29600 1200 26264 14134 253200 General Explanation Attachment The President and Chief Executive Officer receives compensation from a related entity, Victory Housing, Inc. Victory Housing Inc. uses an Independent compensation consultant, Form 990 of other organizations, compensation survey or study, and approval by the Victory Housing Inc. board to establish compensation. Members or stockholder classes and rights Part VI line 6 There shall be one class of membership with voting rights consisting of the Archbishop of the Archdiocese of Washington, the Moderator of the Curia of the Archdiocese of Washington, the Chancellor of the Archdiocese of Washington, and their successors in office, each as selected or appointed according to the discipline of the Roman Catholic Church. The persons holding these offices will be known as the Corporate Members of the Corporation. Member election for additional members Part VI line 7a Each Corporate Member shall have the right to one vote and shall be qualified to vote on any issue that may properly come before any meeting of the Corporate Members and to hold any office in the Corporation to which elected or appointed. As stated in the Bylaws, Corporate Members have the authority to the election & removal of members to the Board of Directors & the filling of vacancies that may occur. Governing body decisions Part VI line 7b The Corporate Members reserve to themselves authority to authorize the followingactions:(a)The oversight & authentication of the Corporations mission;(b)The adoption or amendment of a mission statement;(c)The amendment of the Articles of Incoporation and the amendment of the Bylaws; (d)The election & removal of members to the Board of Directors & the filling of vacancies that may occur; (e)The appointment & termination of the President/Chief Executive Officer (CEO);(f)The acquisition, purchase, sale, lease, disposition or hypothecation of real propertyby Corporation;(g)The approval of the borrowing of money or the guarantee of any obligations;(h)The approval of any budget which reflects an operating deficit; (i)The approval of fiscal auditors; (j)The merger, liquidation, dissolution, winding up, or abandonment of the Corporation. It is the intent of the Corporate Members to reserve to themselves only the above enumerated reserved powers and authorities. Therefore, with the exception of such powers, the Corporate Members desire to delegate to the Board of Directors sole authority and responsibility to direct the management of the Corporation. Form 990 governing body review Part VI line 11 Draft of form 990 is provided to board members for review prior to filing. Conflict of interest policy compliance Part VI line 12c The Organizations related entity, Victory Housing has a written Conflict of Interest Policy. The board members and officers of the Organization acknowledge and adhere to this policy, and they annually disclose any conflicts of interest. Additionally, any conflicts that arise that are related to transactions considered by the board are discussed at quarterly meetings. Governing documents etc available to public Part VI line 19 Other Organization documents publicly available, upon request. List of other fees for services expenses Part IX line 11g Contract Services $62,970Professional Fees $499Computer Maintenance $2,623Office Equipment $148 List of other expenses Part IX line 24e Licenses & Permits $150Hazard Insurance $5,855Resident/Social Activity $2,287Miscellaneous $1,949 Victory Hampshire Preservation LLC 11400 Rockville Pike Ste 505 Rockville MD 20852 922790122 Real Estate MD -175693 18307720 Victory Housing Inc Victory Housing Inc 11400 Rockville Pike 505 Rockville MD 20852 521261881 Real Estate MD 501C3 10 N/A false Andrew Kim House Inc 11400 Rockville Pike 505 Rockville MD 20852 522219830 Real Estate MD 501c3 10 Victory Housing false Avondale Park Apartments Inc 11400 Rockville Pike 505 Rockville MD 20852 522028130 Real Estate MD 501c3 10 Victory Housing false Cheval Court Inc 11400 Rockville Pike 505 Rockville MD 20852 202024019 Real Estate MD 501c3 10 Victory Housing false Manor Apartments Inc 11400 Rockville Pike 505 Rockville MD 20852 521681046 Real Estate MD 501c3 10 Victory Housing false Palmer Park Seniors Housing Inc 11400 Rockville Pike 505 Rockville MD 20852 300017331 Real Estate MD 501c3 10 Victory Housing false Trinity Terrace Inc 11400 Rockville Pike 505 Rockville MD 20852 522293450 Real Estate MD 501c3 10 Victory Housing false Victory Heights Inc 11400 Rockville Pike 505 Rockville MD 20852 141869907 Real Estate DC 501c3 10 Victory Housing false Cambridge Apartments Inc 11400 Rockville Pike 505 Rockville MD 20852 522231301 Real Estate MD 501c3 10 Victory Housing false Winslow House Inc 11400 Rockville Pike 505 Rockville MD 20852 260040672 Real Estate MD 501c3 10 Victory Housing false Bartholomew House Inc 11400 Rockville Pike 505 Rockville MD 20852 521979394 Real Estate MD 501c3 10 Victory Housing false Grace House Inc 11400 Rockville Pike 505 Rockville MD 20852 202023995 Real Estate MD 501c3 10 Victory Housing false Malta House Inc 11400 Rockville Pike 505 Rockville MD 20852 521845215 Real Estate MD 501c3 10 Victory Housing false Marian Assisted Living Inc 11400 Rockville Pike 505 Rockville MD 20852 522131149 Real Estate MD 501c3 10 Victory Housing false Raphael Inc 11400 Rockville Pike 505 Rockville MD 20852 541592075 Real Estate MD 501c3 10 Victory Housing false Byron House Inc 11400 Rockville Pike 505 Rockville MD 20852 521901039 Real Estate MD 501c3 10 Victory Housing false Takoma Tower Inc 11400 Rockville Pike 505 Rockville MD 20852 522356746 Real Estate MD 501c3 10 Victory Housing false Victory Terrace Inc 11400 Rockville Pike 505 Rockville MD 20852 320021451 Real Estate MD 501c3 10 Victory Housing false Victory Crest Inc 11400 Rockville Pike 505 Rockville MD 20852 208067069 Real Estate MD 501c3 10 Victory Housing false Rollingcrest CommonsInc 11400 Rockville Pike 505 Rockville MD 20852 204714838 Real Estate MD 501c3 10 Victory Housing false Victory OaksInc 11400 Rockville Pike 505 Rockville MD 20852 264381436 Real Estate MD 501c3 10 Victory Housing false Victory Court Inc 11400 Rockville Pike 505 Rockville MD 20852 452954541 Real Estate MD 501c3 10 Victory Housing false Victory Brookside Inc 11400 Rockville Pike 505 Rockville MD 20852 453693816 Real Estate MD 501c3 10 Victory Housing false CCS Housing Inc 11400 Rockville Pike 505 Rockville DC 20852 562623529 Real Estate DC 501c3 10 Victory Housing false Victory S 11400 Rockville Pike 505 Rockville MD 20852 352752744 Real Estate MD Vict Hsg false false Victory H 11400 Rockville Pike 505 Rockville MD 20852 824086162 Real Estate MD Vict Hsg false false Victory H 11400 Rockville Pike 505 Rockville MD 20852 753038747 Real Estate MD Vict Hsg false false Victory B 11400 Rockville Pike 505 Rockville MD 20852 851329595 Real Estate MD Vict Hsg false false Victory U 11400 Rockville Pike 505 Rockville MD 20852 842663324 Real Estate MD Vict Hsg false false Spring Fl 11400 Rockville Pike 505 Rockville MD 20852 823264938 Real Estate DC Vict Hsg false false Victory T 11400 Rockville Pike 505 Rockville MD 20852 030469442 Real Estate MD Vict Hsg false false Takoma To 11400 Rockville Pike 505 Rockville MD 20852 010693911 Real Estate MD Vict Hsg false false Spring Fl 11400 Rockville Pike 505 Rockville MD 20852 842819293 Real Estate DC Vict Hsg false false Victory Forest LLC 11400 Rockville Pike 505 Rockville MD 20852 262341386 Real Estate MD Victory HSG C Corp Victory Covenant LLC 11400 Rockville Pike 505 Rockville MD 20852 203923948 Real Estate MD Victory HSG C Corp Victory La Plata Partn 11400 Rockville Pike 505 Rockville MD 20852 272634673 Real Estate MD Victory HSG C Corp Parkside Senior Housin 11400 Rockville Pike 505 Rockville MD 20852 454426766 Real Estate DC Victory HSG C Corp Victory Woods GP LLC 11400 Rockville Pike 505 Rockville MD 20852 272371676 Real Estate MD Victory HSG C Corp Victory Crossing LLC 11400 Rockville Pike 505 Rockville MD 20852 465488617 Real Estate MD Victory HSG C Corp Victory Enterprises I 11400 Rockville Pike 505 Rockville MD 20852 522322476 Real Estate DC Victory HSG C Corp Victory Sligo LLC 11400 Rockville Pike 505 Rockville MD 20852 923034983 Real Estate MD Victory Housing Inc C Corp false false false false false false false false false false false false false false false false false false false