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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
Greg Knapp
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 02/01/2021 and includes data from FY2019, 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.

Financial

four stars

92.50

Accountability & Transparency

three stars

88.00

This rating was published 02/01/2021 and includes data from FY2019, 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)
91.3%
  Administrative Expenses 6.8%
  Fundraising Expenses 1.8%
  Fundraising Efficiency $0.02
  Working Capital Ratio (years) 0.51
  Program Expenses Growth 19.4%
  Liabilities to Assets 43.3%
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
Enlace Chicago (IL) 91.98 four stars
Southern Minnesota Initiative Foundation (MN) 92.16 four stars
Regional Plan Association (NY) 86.06 three stars
Business Volunteers Unlimited (OH) 88.22 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,032,903
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $604,728
Total Contributions $2,637,631
   Program Service Revenue $200,675
Total Primary Revenue $2,838,306
   Other Revenue $-145,908
TOTAL REVENUE $2,692,398
   
EXPENSES  
   Program Expenses $2,709,759
   Administrative Expenses $169,628
   Fundraising Expenses $40,020
TOTAL FUNCTIONAL EXPENSES $2,919,407
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-227,009
   
Net Assets $1,377,380

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
Creation of Jobs and Economic Opportunities $1,634,821 60.3%
Development of Housing $961,038 35.5%
Housing $110,889 4.1%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 02/01/2021 89.99 three stars
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
$82,300 2.81% Christopher Alvarado Executive Director
Other Salaries of Note
$10,270 0.35% Krume Stojanovski Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Slavic Village Development (OH) 89.99 three stars
Neighborhood Development Center (MN) 88.92 three stars
West Valley Community Services (CA) 91.16 four stars
Local Initiatives Support Corporation (NY) 88.42 three stars
Community Voices Heard (CVH) (NY) 87.57 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

Greg Knapp
President

CEO

Chris Alvarado
Executive Director

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