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Community Development : Housing and Neighborhood Development

Slavic Village Development

A community of neighborhoods

four stars

94.07

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

Board Leadership
Suzanne Ferrara
President

CEO
Chris Alvarado
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 94.07 four stars
  Financial 97.50 four stars
  Accountability & Transparency 92.00 four stars
This rating was published 09/01/2017 and includes data from FY2016, 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

97.50

Accountability & Transparency

four stars

92.00

This rating was published 09/01/2017 and includes data from FY2016, 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)
85.0%
  Administrative Expenses 10.2%
  Fundraising Expenses 4.7%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 1.07
  Program Expenses Growth 10.6%
  Liabilities to Assets 39.4%
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) 94.07 four stars
Eastern Market Corporation (MI) 91.50 four stars
Hope Community (MN) 88.98 three stars
Staten Island Economic Development Corporation (SIEDC) (NY) 87.06 three stars
MEDA (MN) 87.33 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $584,289
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $665,875
Total Contributions $1,250,164
   Program Service Revenue $489,398
Total Primary Revenue $1,739,562
   Other Revenue $61,925
TOTAL REVENUE $1,801,487
   
EXPENSES  
   Program Expenses $1,593,626
   Administrative Expenses $192,789
   Fundraising Expenses $98,493
TOTAL FUNCTIONAL EXPENSES $1,884,908
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-83,421
   
Net Assets $1,985,500

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.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
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, 2016
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 2012

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

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Compensation % of Expenses Paid to Title
$82,854 4.39% Christopher Alvarado Executive Director
Other Salaries of Note
$7,823 0.41% Krume Stojanovski Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Slavic Village Development (OH) 94.07 four stars
MidTown Cleveland (OH) 88.76 three stars
The Jerusalem Foundation (NY) 88.93 three stars
Hispanics in Philanthropy (CA) 92.44 four stars
Pico National Network (CA) 90.36 four stars

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This charity has an official representative registered with Charity Navigator.

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

Suzanne Ferrara
President

CEO

Chris Alvarado
Executive Director

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