VICTORY LAKESIDE INC

Address
11400 ROCKVILLE PIKE /
ROCKVILLE, MD 20852
Contact
Phone: +1 (301) 493-6000
Nonprofit
NTEE: X22 - Roman Catholic
EIN: 46-2901904

Mission

AFFORDABLE HOUSING AND SERVICES
 20172016201520142013
Basic features of the organization
Year of formation2012
Subsection code03
PF filing required0    
Metropolitan statistical area8872
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$0.00$0.00$0.00$0.00 
Number of employees0000 
Number of people compensated >$100k0000 
Number of highly compensated contractors0000 
Personnel
Antonicelli, Msgr
TitleDirector    
Name of key/compensated personREV MSGR CHARLES ANTONICELLI    
Position of compensated person
Current individual trustee or directorTrue    
Current officerTrue    
Average hours per week working for org0.50    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Average hours per week working for related orgs0.00    
Blackwell, Jeffrey
TitleASST SECRETARYASST SECRETARYASST SECRETARYASST SECRETARY 
Name of key/compensated personJEFFREY BLACKWELLJEFFREY BLACKWELLJEFFREY BLACKWELLJEFFREY BLACKWELL 
Position of compensated person
Current individual trustee or director  TrueTrue 
Current officerTrueTrueTrueTrue 
Average hours per week working for org1.001.001.001.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $173,579.00$150,669.00$161,929.00$147,662.00 
Average hours per week working for related orgs0.000.000.000.00 
Brown, James
Title PresidentPresidentPresident 
Name of key/compensated person JAMES A BROWN JRJAMES A BROWN JRJAMES A BROWN JR 
Position of compensated person
Current officer TrueTrueTrue 
Average hours per week working for org 1.001.001.00 
Reportable compensation from org $0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $356,617.00$365,893.00$331,574.00 
Average hours per week working for related orgs 0.000.000.00 
Duffy, Thomas
Title   Director 
Name of key/compensated person   THOMAS F DUFFY 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   0.50 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Average hours per week working for related orgs   0.00 
Finucane, Leila
TitlePresident & CEOPresident & CEO   
Name of key/compensated personLEILA A FINUCANELEILA A FINUCANE   
Position of compensated person
Current officerTrueTrue   
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $235,976.00$0.00   
Average hours per week working for related orgs0.000.00   
Johnson, Paul
TitleChairmanChairmanChairmanChairman 
Name of key/compensated personPAUL E JOHNSON JRPAUL E JOHNSON JRPAUL E JOHNSON JRPAUL E JOHNSON JR 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org0.500.500.500.50 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Average hours per week working for related orgs0.000.000.000.00 
Knestout, Barry
Title DirectorDirectorDirector 
Name of key/compensated person MOST REV BARRY KNESTOUTMOST REV BARRY KNESTOUTMOST REV BARRY KNESTOUT 
Position of compensated person
Current individual trustee or director TrueTrueTrue 
Current officer True   
Average hours per week working for org 0.500.500.50 
Reportable compensation from org $0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00 
Average hours per week working for related orgs 0.000.000.00 
McWilliams, Kathleen
TitleTreasurerTreasurerTreasurerTreasurer 
Name of key/compensated personKATHLEEN McWILLIAMSKATHLEEN McWILLIAMSKATHLEEN McWILLIAMSKATHLEEN McWILLIAMS 
Position of compensated person
Current individual trustee or director  TrueTrue 
Current officerTrueTrueTrueTrue 
Average hours per week working for org0.500.500.500.50 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Average hours per week working for related orgs0.000.000.000.00 
Simontis, Eric
TitleDirectorDirectorDirector  
Name of key/compensated personERIC SIMONTISERIC SIMONTISERIC SIMONTIS  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org0.500.500.50  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Average hours per week working for related orgs0.000.000.00  
Spencer, John
TitleVice PresidentVice PresidentVice PresidentVice President 
Name of key/compensated personJOHN D SPENCERJOHN D SPENCERJOHN D SPENCERJOHN D SPENCER 
Position of compensated person
Current individual trustee or director  TrueTrue 
Current officerTrueTrueTrueTrue 
Average hours per week working for org1.001.001.001.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $221,900.00$205,818.00$205,246.00$165,486.00 
Average hours per week working for related orgs0.000.000.000.00 
Purpose: mission, activities, & accomplishments
Mission or significant activitiesAFFORDABLE HOUSING AND SERVICESAFFORDABLE HOUSING AND SERVICESAFFORDABLE HOUSING AND SERVICESAFFORDABLE HOUSING AND SERVICES 
Program service expenses, total$590,440.00$503,101.00$471,412.00$499,372.00 
Programs, including revenue & expenses
54 RENTAL APARTMENT UNITS PROVIDING AFFORDABLE HOUSING AND RELATED SOCIAL SERVICES TO LOW- AND MODERATE-INCOME SENIOR CITIZENS.
Program expenses$590,440.00$503,101.00$471,412.00$499,372.00 
Program description54 RENTAL APARTMENT UNITS PROVIDING AFFORDABLE HOUSING AND RELATED SOCIAL SERVICES TO LOW- AND MODERATE-INCOME SENIOR CITIZENS.54 RENTAL APARTMENT UNITS PROVIDING AFFORDABLE HOUSING AND RELATED SOCIAL SERVICES TO LOW- AND MODERATE-INCOME SENIOR CITIZENS.54 RENTAL APARTMENT UNITS PROVIDING AFFORDABLE HOUSING AND RELATED SOCIAL SERVICES TO LOW- AND MODERATE-INCOME SENIOR CITIZENS.54 RENTAL APARTMENT UNITS PROVIDING AFFORDABLE HOUSING AND RELATED SOCIAL SERVICES TO LOW- AND MODERATE-INCOME SENIOR CITIZENS. 
Financial data
Revenue
Total revenue$698,951.00$583,848.00$572,420.00$555,570.00 
Revenue from contributions (total)$0.00$0.00$0.00$0.00$0.00
Investment income, current yr$26.00$25.00$25.00$4.00 
Total revenue from grants, etc., current yr$0.00$0.00$0.00$0.00 
Total unrelated business revenue$0.00$0.00$0.00$0.00 
Other revenue, current yr$0.00$0.00$0.00$0.00 
Program service revenue (total)$698,925.00$583,823.00$572,395.00$555,566.00$228,160.00
Gross receipts$698,951.00$583,848.00$572,420.00$555,570.00 
Other types of revenue
Royalties (total)$0.00$0.00$0.00$0.00 
Miscellaneous revenue (total)$0.00$0.00$0.00$0.00 
Net revenue from gaming (total)$0.00$0.00$0.00$0.00 
Income from dividends, interest, and similar investments$26.00$25.00$25.00$4.00 
Net rental income$0.00$0.00$0.00$0.00$0.00
Net income from fundraising events$0.00$0.00$0.00$0.00 
Net inventory sales (total)$0.00$0.00$0.00$0.00 
Expense categories (totals)
Total functional expenses: sum of all$617,424.00$529,161.00$497,605.00$524,242.00 
Total functional expenses: program service $590,440.00$503,101.00$471,412.00$499,372.00 
Total functional expenses: management and general$26,984.00$26,060.00$26,193.00$24,870.00 
Total functional expenses: fundraising$0.00$0.00$0.00$0.00 
Fees for services
Lobbying fees (total)$0.00$0.00$0.00$0.00 
Legal fees (total)$20.00$0.00$0.00$154.00 
Fundraising service fees (total)$0.00$0.00$0.00$0.00 
General management fees (total)$26,984.00$25,910.00$26,043.00$24,870.00 
Investment management fees (total)$0.00$0.00$0.00$0.00 
Assets and liabilities
Total assets$3,310,731.00$3,376,129.00$3,464,268.00$3,477,128.00$3,499,451.00
Total assets, beginning of year$3,376,129.00$3,464,268.00$3,477,128.00$3,499,451.00 
Total liabilities$3,044,420.00$3,191,345.00$3,334,171.00$3,421,846.00$3,475,497.00
Total liabilities, beginning of year$3,191,345.00$3,334,171.00$3,421,846.00$3,475,497.00 
Pledges & accounts receivable, net$0.00$0.00$0.00$0.00 
Loans & receivables from key persons$0.00$0.00$0.00$0.00 
Unrestricted net assets, end of yr$266,311.00$184,784.00$130,097.00$55,282.00 
Net assets$266,311.00$184,784.00$130,097.00$55,282.00 
Net assets, beginning of year$184,784.00$130,097.00$55,282.00$23,954.00 
Other liabilities$266,106.00$324,325.00$386,859.00$408,915.00 
Intangible assets$0.00$37,966.00$44,185.00$50,488.00 
Other assets$116,392.00$105,771.00$94,333.00$84,381.00 
Investments: other securities$0.00$0.00$0.00$0.00 
Investments: publicly traded securities$0.00$0.00$0.00$0.00 
Cash: non-interest bearing$135,632.00$96,777.00$120,280.00$64,160.00 
Cash: non-interest bearing, beginning of year$96,777.00$120,280.00$64,160.00$53,096.00 
Investments -- program-related$0.00$0.00$0.00$0.00 
Inventories for sale or use$0.00$0.00$0.00$0.00 
Other financial variables
Revenue less expenses$81,527.00$54,687.00$74,815.00$31,328.00 
Advertising (total)$322.00$832.00$622.00$1,102.00 
Savings & temp cash investment$0.00$0.00$0.00$0.00 
Accounts receivable, net$5,362.00$49.00$745.00$382.00 
Prepaid expenses & deferred charges$23,218.00$28,596.00$20,908.00$17,054.00 
Accounts payable & accrued expenses$17,681.00$12,739.00$17,123.00$15,654.00 
Deferred revenue$7,757.00$8,192.00$16,823.00$6,633.00 
Secured mortgages and notes payable$2,752,876.00$2,846,089.00$2,913,366.00$2,990,644.00 
Total net assets or fund balances$266,311.00$184,784.00$130,097.00$55,282.00 
Depreciation, depletion, amortization$76,844.00$83,064.00$83,149.00$81,092.00 
Payment to affiliates$0.00$0.00$0.00$0.00 
Governance and accountability
Number of voting members3333 
Number of independent voting members3333 
Financial sheets auditedTrueTrueTrueTrue 
Accrual accountingTrueTrueTrueTrue 
Tax year start date2017-01-012016-01-012015-01-012014-01-01 
Tax year end date2017-12-012016-12-012015-12-012014-12-012013-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990 
Date e-filing submitted2018-06-112017-08-182016-08-292015-07-23 
IRS schema version2017v2.22016v3.02015v2.02014v5.0 
Filing identifier201820979349300317201700939349300730201640939349300314201500999349300815 
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