Slavic Village Development FY2023 filing

Tax-deductible

Cleveland, OH501(c)(3)Since 1980Community DevelopmentEIN 34-1344279

Slavic village development works with and for its residents, businesses, and instituions to promote civic engagement, community empowerment, and neighborhood investment.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$171K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $69K a year · 3% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$171K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $301K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$322K
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.3M
-26% vs prior year
Spent
$2.3M
To programs
90%
Net assets
$2.0M
By yearFY2020–FY2024
Revenue
$2.3M
FY2023▼ -26%
Revenue by fiscal year
FY2020$2.6M
FY2021$2.4M
FY2022$3.2M
FY2023$2.3M
FY2024$2.8M
FY2024$2.2M
Expenses
$2.3M
FY2023▼ -21%
Expenses by fiscal year
FY2020$2.5M
FY2021$2.1M
FY2022$2.9M
FY2023$2.3M
FY2024$3.0M
FY2024$2.2M
Net assets
$2.0M
FY2023+0.01%
Net assets by fiscal year
FY2020$1.5M
FY2021$1.8M
FY2022$2.0M
FY2023$2.0M
FY2024$1.7M
FY2024$1.8M

From the FY2023 Form 990 (year ending June 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1980.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $2.1M Management & general 8% · $185K Fundraising 3% · $58K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

16 people listed on the 990; $171K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$100,100Pt VII · Sec A
$71,023Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A

Shauna Sanders’s $84K as Executive Di is at the 12th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Christopher Alvarado—$23,008$100,100$92,710—$84,135
Michael Geregach JR——$71,023$90,789—$79,948
Christopher Alvarado————$89,194—
Michael Geregach JR————$85,836—
Shauna Sanders$84,090$37,500————
Marilyn Mosinkski—$77,647————
Rob Stunek$45,681$72,785————
Krume Stojanovski—————$10,665

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Slavic Village Development executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers residents and businesses to invest in their neighborhood through civic engagement.

Provided by the organization

This section is blank until Slavic Village Development claims this page.

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1 program service account for $2.1M of program spending, described in the organization's own filed words · FY2022.
01

Slavic village development (SVD) is a non-profit organization whose missions is to work with and for its residents, businesses, and institutions to promote civic engagement, community empowerment, and neighborhood investment. This is accomplished through three goals: 1.

$2.1Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 8 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$2.3M
Ln 12
Gifts and grantsLn 1h$2.1M
Fees for servicesLn 2g$285K
Investment incomeLn 3−$30K
Money outPt IX
$2.3M
Ln 25
Programscol B$2.1M
Managementcol C$185K
Fundraisingcol D$58K
Owns and owesPt X
$2.0M
net assets · Ln 32
Cash and savingsLn 1–2$401K
Total assetsLn 16$2.3M
LiabilitiesLn 26$322K
PeoplePt VI, VII
16
listed · VII A
PaidVII A2
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.1M
Government grantsLn 1e$590K
Fees for servicesLn 2g$285K
Investment incomeLn 3−$30K
Total revenueLn 12$2.3M
Assets in detailPt X, end of year
CashLn 1$250K
SavingsLn 2$152K
Cash and savings togetherLn 1–2$401K
InvestmentsLn 11–13$423K
Land, buildings, equipmentLn 10c$285K
Other assetsLn 15$389K
Total assetsLn 16$2.3M
LiabilitiesLn 26$322K
Net assetsLn 32$2.0M
OperationsPt I, VI
EmployeesI 518
VolunteersI 675
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$512K$401K
InvestmentsLn 11–13$453K$423K
Land, buildings, equipmentLn 10c$301K$285K
Total assetsLn 16$2.3M$2.3M
LiabilitiesLn 26$336K$322K
Net assetsLn 32$2.0M$2.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$177K$145K$28K$4K
Other salaries and wagesLn 7$599K$499K$88K$12K
Other employee benefitsLn 9$224K$186K$34K$4K
Payroll taxesLn 10$60K$50K$9K$1K
Other fees for servicesLn 11g$13K$13K
Advertising and promotionLn 12$4K$547$3K
Office expensesLn 13$42K$26K$2K$13K
OccupancyLn 16$89K$89K
Conferences, conventions and meetingsLn 19$12K$5K$373$7K
InterestLn 20$4K$4K
Depreciation, depletion and amortizationLn 22$16K$12K$2K$1K
InsuranceLn 23$18K$11K$6K$2K
Other expenses (24a–d)Ln 24$1.0M$996K$5K$5K
All other expensesLn 24e$59K$43K$11K$5K
Total functional expensesLn 25$2.3M$2.1M$185K$58K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $2.8M$3.0M−$247K$1.7M 990 PDF
FY2023 Viewing $2.3M$2.3M$258$2.0M 990 PDF
FY2022 $3.2M$2.9M$218K$2.0M 990 PDF
FY2021 $2.4M$2.1M$290K$1.8M 990 PDF
FY2020 $2.6M$2.5M$83K$1.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $2,324,180 across 6 lines filed
VIII-1e Government grants$589,711
VIII-1f All other contributions, gifts and grants$1,478,836
VIII-1h Total contributions, gifts and grants$2,068,547
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $285,280$285,280
VIII-3 Investment incomeRelated to mission −$29,865 · Excluded from tax $218−$29,647
VIII-12 Total revenueRelated to mission $255,415 · Excluded from tax $218$2,324,180
Part IX · Statement of functional expenses $2,323,922 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $145,467 · Management $28,384 · Fundraising $3,547$177,398
IX-7 Other salaries and wagesPrograms $498,808 · Management $88,051 · Fundraising $11,978$598,837
IX-9 Other employee benefitsPrograms $186,136 · Management $33,639 · Fundraising $4,485$224,260
IX-10 Payroll taxesPrograms $50,189 · Management $9,070 · Fundraising $1,209$60,468
IX-11g Other fees for servicesPrograms $13,495$13,495
IX-12 Advertising and promotionPrograms $547 · Fundraising $3,097$3,644
IX-13 Office expensesPrograms $26,444 · Management $2,498 · Fundraising $13,386$42,328
IX-16 OccupancyPrograms $88,827$88,827
IX-19 Conferences, conventions and meetingsPrograms $5,091 · Management $373 · Fundraising $6,954$12,418
IX-20 InterestPrograms $3,510$3,510
IX-22 Depreciation, depletion and amortizationPrograms $12,353 · Management $2,406 · Fundraising $1,283$16,042
IX-23 InsurancePrograms $10,517 · Management $5,526 · Fundraising $1,783$17,826
IX-24 Other expenses (24a–d)Programs $996,319 · Management $4,584 · Fundraising $5,395$1,006,298
IX-24e All other expensesPrograms $42,756 · Management $10,543 · Fundraising $5,272$58,571
IX-25 Total functional expensesPrograms $2,080,459 · Management $185,074 · Fundraising $58,389$2,323,922
Part X · Balance sheet $2,291,000 assets, 15 lines filed
Asset lines not itemized here account for $533,907; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $286,118$249,569
X-2 Savings and temporary cash investmentsStart of year $225,510$151,777
X-3 Pledges and grants receivableStart of year $114,307$258,081
X-9 Prepaid expenses and deferred chargesStart of year $561$575
X-10c Land, buildings and equipment, netStart of year $300,512$285,310
X-13 Program-related investmentsStart of year $452,752$422,887
X-15 Other assetsStart of year $388,894$388,894
X-16 Total assetsStart of year $2,304,613$2,291,000
X-17 Accounts payable and accrued expensesStart of year $21,737$13,954
X-25 Other liabilitiesStart of year $1,800$1,800
X-26 Total liabilitiesStart of year $336,274$322,403
X-27 Net assets without donor restrictionsStart of year $1,812,605$1,783,169
X-28 Net assets with donor restrictionsStart of year $155,734$185,428
X-32 Total net assets or fund balancesStart of year $1,968,339$1,968,597
X-33 Total liabilities and net assetsStart of year $2,304,613$2,291,000
Part XI · Reconciliation of net assets $1,968,597 net assets at year end
XI-1 Total revenue$2,324,180
XI-2 Total expenses$2,323,922
XI-3 Revenue less expenses$258
XI-4 Net assets at start of year$1,968,339
XI-10 Net assets at end of year$1,968,597

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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