Slavic Village Development is located in Cleveland, OH. The organization was established in 1980. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Slavic Village Development employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Slavic Village Development is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Slavic Village Development generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $2.1m during the year ending 06/2021. While expenses have increased by 1.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SLAVIC VILLAGE DEVELOPMENT WORKS WITH AND FOR ITS RESIDENTS, BUSINESSES, AND INSTITUTIONS TO PROMOTE CIVIC ENGAGEMENT, COMMUNITY EMPOWERMENT, AND NEIGHBORHOOD INVESTMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SLAVIC VILLAGE DEVELOPMENT (SVD) IS A NON-PROFIT ORGANIZATION WHOSE MISSION 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.SVD IS AN ENGAGED, INCLUSIVE, AND PROACTIVE CHAMPION EMPOWERING ITS RESIDENTS AND BUSINESSES.2.SVD PARTNERS WITH RESIDENTS AND BUSINESSES TO IMPROVE THE SLAVIC VILLAGE NEIGHBORHOOD THROUGH ADVOCACY AND PROMOTION.3.SVD BUILDS SLAVIC VILLAGE AS A WELCOMING PLACE WHERE FAMILIES AND BUSINESSES CAN THRIVE.IN ADDITION, SVD WORKS TO CREATE JOBS AND EMPLOYMENT OPPORTUNITIES, ALLEVIATE PHYSICAL AND ECONOMIC DETERIORATION, STIMULATE ECONOMIC REVITALIZATION, IMPROVE SAFETY AND PROMOTE THE GENERAL WELFARE OF RESIDENTS AND BUSINESSES LOCATED IN THE BROADWAY SLAVIC VILLAGE NEIGHBORHOOD.
THE VOLUNTEER BOARD PROVIDES FINANCIAL OVERSIGHT AND GUIDANCE TO ORGANIZATION SO THAT IT CAN ACCOMPLISH ITS MISSION.AN ADDITIONAL 170 VOLUNTEERS HAVE ASSISTED WITH TUTORING CHILDREN, DISTRIBUTING PROTECTIVE EQUIPMENT DURING THE COVID-19 PANDEMIC, SCHEDULED RESIDENTS FOR VACCINATIONS, PLANTED TREES, CLEANED UP PARKS AND PUBLIC SPACES, AND PROVIDED LEAD-SAFE HOME RESOURCES TO RESIDENTS.SVD IS A LEAD PARTNER FOR THE THIRD FEDERAL FOUNDATION-FUNDED SLAVIC VILLAGE P-16. DURING THE PAST YEAR, SVD MOBILIZED RESIDENTS AND VOLUNTEERS TO PUT ESTABLISH SIX ACADEMIC LEARNING PODS. IN THESE SAFE LEARNING SPACES, OVER 165 GRADE-SCHOOL STUDENTS RECEIVED ACADEMIC ASSISTANCE PARTICIPATED IN EXTRACURRICULAR ACTIVITIES, AND WERE FED WHILE SCHOOLS WERE CLOSED DUE TO THE PANDEMIC. THE PARENTS AND GUARDIANS OF STUDENTS THROUGHOUT THE NEIGHBORHOOD ALSO RECEIVED VITAL SERVICES THAT ENSURED THAT THEIR FAMILIES STAYED IN THEIR HOMES, HAD FOOD, AND KEPT THEIR HEAT AND WATER.
HOUSING STABILITY WAS A CORE FUNCTION OF SVD THROUGHOUT 2021. SVD STAFF FIELDED OVER 500 CALLS FOR SERVICE TO HELP KEEP OUR RESIDENTS IN HOMES THAT ARE SAFE, WARM, AND DRY. OVER $200,000 IN DIRECT AID WAS PROVIDED BY SVD TO REPAIR FURNACES, BUILD WHEELCHAIR RAMPS, PAY RENT FOR FAMILIES WHO LOST THEIR JOBS AND INCOME, AND COVERED UTILITY COSTS.OVER TWO HUNDRED HOMES RECEIVED CLEANING KIT BUCKETS AND GUIDANCE ON HOW TO KEEP THEIR HOMES LEAD SAFE WHILE IMPROVING INDOOR AIR QUALITY. THIS NEW PROGRAM WILL BE SPREAD THROUGHOUT THE NEIGHBORHOOD IN AN ONGOING EFFORT TO DECREASE THE RATES OF LEAD POISONING AND ASTHMA.SVDS COMMUNITY LEADERSHIP PROGRAM TRAINED 21 RESIDENT COMMUNITY STEWARDS TO PROVIDE LEADERSHIP AND OUTREACH THROUGHOUT THE NEIGHBORHOOD. THE COMMUNITY STEWARDS ORGANIZED SEVERAL EVENTS TO BRING NEIGHBORS SAFELY TOGETHER, STARTED COMMUNITY GARDENS, AND CONNECTED NEIGHBORS TO EACH OTHER IN ORDER TO ENSURE THAT EVERYONE WAS SAFE AND HAD ACCESS TO RESOURCES.
BUSINESSES THROUGHOUT THE NEIGHBORHOOD WERE ALSO ASSISTED BY SVD. FIFTEEN BUSINESSES EITHER RECEIVED DIRECT FINANCIAL ASSISTANCE FROM SVD OR WERE CONNECTED TO OTHER ORGANIZATIONS THAT PROVIDED GRANTS TO KEEP THEIR EMPLOYEES PAID AND THEIR BUSINESSES OPEN. AS A RESULT, FEWER THAN THREE BUSINESSES IN THE NEIGHBORHOOD CLOSES DURING THE PANDEMIC (OUT OF OVER 200 BUSINESSES).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christopher Alvarado Executive Director | Officer | 40 | $89,194 |
Michael Geregach Jr Controller | Officer | 40 | $85,836 |
Jamie Pawlak Board Secretary | OfficerTrustee | 4 | $0 |
Greg Knapp Vice President | OfficerTrustee | 2 | $0 |
Mary Ellen Gardner-Turner Board President | OfficerTrustee | 4 | $0 |
Krume Stojanovski Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,078,648 |
Investment income | $35,543 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $97,376 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,427,985 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $724,000 |
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 to disqualified persons | $0 |
Other salaries and wages | $700,734 |
Pension plan accruals and contributions | $28,305 |
Other employee benefits | $156,323 |
Payroll taxes | $54,878 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,983 |
Fees for services: Accounting | $6,150 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $38,860 |
Advertising and promotion | $2,771 |
Office expenses | $24,946 |
Information technology | $5,905 |
Royalties | $0 |
Occupancy | $103,431 |
Travel | $76 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,254 |
Interest | $6,973 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $17,036 |
Insurance | $15,643 |
All other expenses | $0 |
Total functional expenses | $2,137,613 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $207,154 |
Savings and temporary cash investments | $156,654 |
Pledges and grants receivable | $258,152 |
Accounts receivable, net | $202,697 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $853,740 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $303 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $35,626 |
Intangible assets | $0 |
Other assets | $375,394 |
Total assets | $2,405,318 |
Accounts payable and accrued expenses | $21,442 |
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 | $633,754 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $655,196 |
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 |
Total liabilities and net assets/fund balances | $1,750,122 |
Over the last fiscal year, we have identified 8 grants that Slavic Village Development has recieved totaling $307,367.
Awarding Organization | Amount |
---|---|
Third Federal Foundation Cleveland, OH PURPOSE: CHARITABLE PURPOSE | $169,062 |
George Gund Foundation Cleveland, OH PURPOSE: COMMUNITY STEWARD PROGRAM. | $37,500 |
George Gund Foundation Cleveland, OH PURPOSE: COMMUNITY STEWARD PROGRAM. | $37,500 |
The Mcgregor Foundation East Cleveland, OH PURPOSE: for the Senior Homes Stability Initiative | $25,000 |
James And Susan Ratner Family Foundation Shaker Heights, OH PURPOSE: SLAVIC VILLAGE DEVELOPMENT ANNUAL SUPPORT | $25,000 |
Charles M & Helen M Brown Memorial Foundation Brooklyn, OH PURPOSE: GENERAL OPERATING | $8,300 |
Organization Name | Assets | Revenue |
---|---|---|
Harristown Development Corporation Harrisburg, PA | $29,766,695 | $19,028,512 |
The Center Of Workforce Innovations Inc Valparaiso, IN | $2,958,255 | $14,608,336 |
Community Action Of South Eastern West Virginia Bluefield, WV | $9,324,400 | $12,779,130 |
Cintrifuse Cincinnati, OH | $9,097,086 | $17,758,065 |
Walnut Hills Redevelopment Foundation Inc Cincinnati, OH | $7,399,538 | $1,025,062 |
Midtown Detroit Inc Detroit, MI | $6,098,841 | $4,938,478 |
Pittsburgh Downtown Partnership Pittsburgh, PA | $5,197,454 | $6,457,703 |
Bellvue Gardens Community Urban Redevelopment Corporation Cincinnati, OH | $29,237,042 | $3,964,847 |
Detriot Economic Growth Association Detroit, MI | $6,651,865 | $5,567,044 |
Enterprise Center Philadelphia, PA | $14,775,584 | $14,297,548 |
Pidc Community Capital Philadelphia, PA | $51,592,924 | $9,506,766 |
Downtown Cleveland Improvementcorporation Cleveland, OH | $5,269 | $4,399,889 |