Serb National Federation

Organization Overview

Serb National Federation is located in Pittsburgh, PA. The organization was established in 1986. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Serb National Federation employed 10 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Serb National Federation is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.

For the year ending 12/2021, Serb National Federation generated $6.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $7.1m during the year ending 12/2021. While expenses have increased by 14.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE SERBIAN CULTURE, EDUCATION, RELIGION AND HERITAGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTE SERBIAN CULTURE, EDUCATION AND RELIGION.


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Board, Officers & Key Employees

Name (title)Compensation
Greg Volitich
Treasurer
$27,604
Dane Alexander Medich
President
$19,500
Brian Pyevich
2nd Vice President
$1,500
Ted Potkonjak
1st Vice President
$1,500
Milana Milosh
Secretary
$1,050
Milan Martich
Director
$1,000

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $2,015,425
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$703,200
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,645,334

Endowment Analysis

Beg. Balance$545,636
Earnings$8,925
Net Contributions$4,125
Other Expense$544,686
Grants$14,000

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