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Community Development : Housing and Neighborhood Development

Slavic Village Development

A community of neighborhoods

three stars

89.99

5620 Broadway Avenue #200 Cleveland, OH 44127
tel: (216) 429-1182   Web Site
EIN: 34-1344279

Board Leadership
Mary Ellen Gardner Turner
President

CEO
Chris Alvarado
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 89.99 three stars
  Financial 92.50 four stars
  Accountability & Transparency 88.00 three stars
This rating was published 08/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Slavic Village Development (SVD) will promote, empower, and build Broadway Slavic Village as a thriving diverse community. Broadway Slavic Village is a vibrant, connected and diverse community where all can live sustainably and well and whose neighborhoods are organized around active living where residents and visitors can walk and bike to work, shopping, arts, and worship. The goal of the organization is to revitalize the Broadway neighborhood through rehabilitation of existing housing, storefronts and buildings; construction of new homes; retention of existing buildings and recruitment of new ones; and provision of housing services and community organizing programs to improve the quality of life.

Slavic Village Development (SVD) will promote, empower, and build Broadway Slavic Village as a thriving diverse community. Broadway Slavic Village is a vibrant, connected and diverse community where all can live sustainably and well and whose neighborhoods are organized around active living where residents and visitors can walk and bike to work, shopping, arts, and worship. The goal of the organization is to revitalize the Broadway neighborhood through rehabilitation of existing housing, storefronts and buildings; construction of new homes; retention of existing buildings and recruitment of new ones; and provision of housing services and community organizing programs to improve the quality of life.

Impact Information

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Financial

four stars

92.50

Accountability & Transparency

three stars

88.00

This rating was published 08/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
88.8%
  Administrative Expenses 8.2%
  Fundraising Expenses 2.9%
  Fundraising Efficiency $0.04
  Working Capital Ratio (years) 0.67
  Program Expenses Growth 13.2%
  Liabilities to Assets 41.1%
All data for Financial Performance Metrics calculations was provided by Slavic Village Development on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Slavic Village Development on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Slavic Village Development (OH) 89.99 three stars
Regional Plan Association (NY) 92.18 four stars
Fund for the City of New York (NY) 87.83 three stars
Initiative Foundation (MN) 87.96 three stars
MEDA (MN) 88.55 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,481,711
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $17,766
   Related Organizations $0
   Government Grants $576,038
Total Contributions $2,075,515
   Program Service Revenue $188,039
Total Primary Revenue $2,263,554
   Other Revenue $203,585
TOTAL REVENUE $2,467,139
   
EXPENSES  
   Program Expenses $2,244,563
   Administrative Expenses $168,031
   Fundraising Expenses $46,790
TOTAL FUNCTIONAL EXPENSES $2,459,384
   
Payments to Affiliates $0
Excess (or Deficit) for the year $7,755
   
Net Assets $1,572,925

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Development of Housing $1,131,459 50.4%
Creation of Jobs and Economic Opportunities $569,035 25.4%
Education $219,954 9.8%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 08/01/2019 89.99 three stars
2017-06 08/01/2018 92.24 four stars
2016-06 09/01/2017 94.07 four stars
2015-06 09/01/2016 88.70 three stars
2014-06 06/01/2016 89.27 three stars
 
CN 2.0
2014-06 10/01/2015 83.79 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 34-1344279
Name in IRS Master File SLAVIC VILLAGE DEVELOPMENT
NTEE Code S31
NTEE Classification Urban, Community Economic Development
NTEE Type Community Improvement, Capacity Building
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (381) Low and moderate income housing
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date November, 1980
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$82,000 3.33% Christopher Alvarado Executive Director
Other Salaries of Note
$6,565 0.26% Krume Stojanovski Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Slavic Village Development (OH) 89.99 three stars
KaBOOM! (DC) 86.93 three stars
Community Voices Heard (CVH) (NY) 89.02 three stars
MidTown Cleveland (OH) 90.17 four stars
Local Initiatives Support Corporation (NY) 89.97 three stars

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Charity Contact Info

Slavic Village Development
5620 Broadway Avenue #200
Cleveland, OH 44127
tel: (216) 429-1182
fax: (216) 429-2632
EIN: 34-1344279

Visit Web Site

Board Leadership

Mary Ellen Gardner Turner
President

CEO

Chris Alvarado
Executive Director

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