Slovene National Benefit Society is located in Imperial, PA. The organization was established in 1940. 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, Slovene National Benefit Society employed 13 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Slovene National Benefit Society 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, Slovene National Benefit Society generated $17.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $16.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. 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
TO PROVIDE LIFE, ANNUITIES AND FRATERNAL BENEFITS TO MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIFE, HEALTH AND ACCIDENT INSURANCE, ANNUITIES, FRATERNAL ACTIVITIES AND OTHER BENEFITS TO MEMBERS (32,277 CERTIFICATES IN FORCE; $251,199,000 FACE VALUE OF LIFE INSURANCE).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph C Evanish National President & CEO | OfficerTrustee | 40 | $136,696 |
Robert J Lawrence National Treasurer & CFO | OfficerTrustee | 40 | $117,854 |
Karen A Pintar National Secretary & COO | OfficerTrustee | 40 | $117,854 |
James L Curl Director | Trustee | 1 | $5,259 |
Joanna L Baker Director | Trustee | 1 | $4,275 |
Vincent R Baselj Director | Trustee | 1 | $4,050 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $254,500 |
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 | $254,500 |
Total Program Service Revenue | $11,487,064 |
Investment income | $5,547,700 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $666 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $17,289,930 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $1,440 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $8,012,767 |
Compensation of current officers, directors, key employees. | $484,491 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $498,255 |
Pension plan accruals and contributions | $140,672 |
Other employee benefits | $75,523 |
Payroll taxes | $65,813 |
Fees for services: Management | $0 |
Fees for services: Legal | $21,693 |
Fees for services: Accounting | $150,471 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $149,658 |
Fees for services: Other | $0 |
Advertising and promotion | $83,641 |
Office expenses | $94,844 |
Information technology | $193,212 |
Royalties | $0 |
Occupancy | $102,580 |
Travel | $10,300 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $33,287 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $102,020 |
Insurance | $48,252 |
All other expenses | $0 |
Total functional expenses | $16,633,234 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $250 |
Savings and temporary cash investments | $2,672,037 |
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 | $1,972,172 |
Investments—publicly traded securities | $119,630,137 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,311,252 |
Total assets | $127,585,848 |
Accounts payable and accrued expenses | $495,603 |
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 | $114,092,030 |
Total liabilities | $114,587,633 |
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 | $12,998,215 |
Total liabilities and net assets/fund balances | $127,585,848 |
Over the last fiscal year, we have identified 1 grants that Slovene National Benefit Society has recieved totaling $40,000.
Awarding Organization | Amount |
---|---|
Slovene National Benefit Society 53 Parma, OH PURPOSE: SCHOLARSHIP FUND | $40,000 |
Organization Name | Assets | Revenue |
---|---|---|
The Actors Fund Of America New York, NY | $147,965,954 | $61,544,838 |
Loyal Christian Benefit Association Erie, PA | $108,287,356 | $23,099,109 |
Ukrainian National Association Inc Parsippany, NJ | $178,950,671 | $21,937,849 |
Slovak Catholic Sokol Passaic, NJ | $108,716,912 | $20,620,124 |
United Transportation Union Insurance Association Independence, OH | $229,446,528 | $20,187,973 |
Ladies Of Co Inc Catholic Gahanna, OH | $138,820,359 | $17,769,502 |
Order Of United Commercial Travelers Of America Columbus, OH | $13,051,068 | $16,246,455 |
Slovene National Benefit Society Imperial, PA | $127,585,848 | $17,289,930 |
Ancient Free & Accepted Masons Of Maryland Grand Lodge Cockeysville, MD | $187,202,317 | $9,692,713 |
Alliance Of Transylvania Saxons Of Us Cleveland, OH | $101,451,991 | $9,280,239 |
New Jersey State Policemens Benevolent Association Woodbridge, NJ | $43,741,775 | $9,143,506 |
Serb National Federation Pittsburgh, PA | $50,402,981 | $6,645,334 |