First Catholic Slovak Union Of The United States & Canada is located in Akron, OH. The organization was established in 1941. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. As of 12/2022, First Catholic Slovak Union Of The United States & Canada employed 2 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. First Catholic Slovak Union Of The United States & Canada 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 12/2022, First Catholic Slovak Union Of The United States & Canada generated $262.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $259.8k during the year ending 12/2022. While expenses have increased by 5.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATION'S EXEMPT PURPOSE IS TO OPERATE A SOCIAL CLUB WHERE PEOPLE OF SLOVAK ORIGINS CAN GATHER AND LEARN ABOUT SLOVAK CUSTOMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MISSION IS TO FURTHER THE KNOWLEDGE OF SLOVAK ETHNICITY TO YOUNG MEMBERS.
MISSION IS TO FURTHER THE KNOWLEDGE OF SLOVAK ETHNICITY TO YOUNG MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Debra A Speck President | OfficerTrustee | 15 | $0 |
Linda M Hanko Financial Se | OfficerTrustee | 2 | $0 |
Joan Lewis Vice Preside | OfficerTrustee | 2 | $0 |
Terry Eller Treasurer | OfficerTrustee | 4 | $0 |
Michael Minrovic Trustee | Trustee | 2 | $0 |
Rick Schen Trustee | Trustee | 2 | $0 |
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 | $10,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
Total Program Service Revenue | $252,280 |
Investment income | $224 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $262,504 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $25,296 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,648 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,667 |
Office expenses | $750 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $3,009 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $2,927 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,697 |
Insurance | $2,350 |
All other expenses | $21,926 |
Total functional expenses | $259,824 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $36,166 |
Savings and temporary cash investments | $4,724 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $132,942 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $500 |
Total assets | $174,332 |
Accounts payable and accrued expenses | $5,685 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $52,660 |
Total liabilities | $58,345 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $115,987 |
Total liabilities and net assets/fund balances | $174,332 |