SLAVIC VILLAGE DEVELOPMENT

EIN: 341344279 501(c)(3) Community Improvement

CLEVELAND, OH

Total Revenue
$2,324,180
Total Expenses
$2,323,922
Total Assets
$2,291,000
Net Assets
$1,968,597
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
OH
Principal Officer
ROB STUNEK
Phone
2164291182
Tax Period
2022-07-01 to 2023-06-30

SLAVIC VILLAGE DEVELOPMENT, founded in 1980, is a community nonprofit in the Community Improvement sector that reported $2.3M in total revenue in fiscal year 2022. Revenue fell 26% from the prior year — a significant decline worth monitoring.

Mission

SLAVIC VILLAGE DEVELOPMENT WORKS WITH AND FOR ITS RESIDENTS, BUSINESSES, AND INSTITUIONS TO PROMOTE CIVIC ENGAGEMENT, COMMUNITY EMPOWERMENT, AND NEIGHBORHOOD INVESTMENT.

Program Service Accomplishments

Program 1
Expenses: $2,080,459

SLAVIC VILLAGE DEVELOPMENT (SVD) IS A NON-PROFIT ORGANIZATION WHOSE MISSIONS IS TO WORK WITH AND FOR ITS RESIDENTS, BUSINESSES, AND INSTITUTIONS TO PROMOTE CIVIC ENGAGEMENT, COMMUNITY EMPOWERMENT...

Read more

SLAVIC VILLAGE DEVELOPMENT (SVD) IS A NON-PROFIT ORGANIZATION WHOSE MISSIONS 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. THE DEVELOPMENT OF HOUSING IS A CORE FUNCTION OF SVD. OVER THE PAST YEAR: - FOUR FORMERLY VACANT AND ABANDONED HOMES WERE REHABILITATED THROUGH THE NEIGHBORS INVEST IN BROADWAY AND SLAVIC VILLAGE RECOVERY PROGRAMS. - 275 HOUSEHOLDS RECEIVED RENTAL, UTILITY, OR EMERGENCY HOUSING ASSISTANCE THROUGH SVD - OVER 500,000 IN DIRECT HOUSING REHAB AID WAS PROVIDED BY SVD SVD WORKS TO CREATE JOBS AND ECONOMIC OPPORTUNITIES. OVER THE COURSE OF THE PAST YEAR: - TEN LOCAL BUSINESSES WERE CREATED, MOVED INTO OR EXPANDED THEIR BUSINESS IN THE NEIGHBORHOOD. CREATING OVER 20 LOCAL NEW JOBS - THREE COMMERCIAL BUILDINGS RECEIVED FUNDING TO IMPROVE THE EXTERIOR OF THEIR COMMERCIAL BUILDING - FIFTEEN OTHER PROJECTS RECEIVED ASSISTANCE THROUGH ZONING OR DESIGN REVIEW SVD ALSO IMPROVES PUBLIC SPACES ACROSS THE NEIGHBORHOOD - SVD RECEIVED 83,000 IN GRANTS TO PLANT 100 NEW TREES AND MAINTAIN EXISTING TREE CANOPY - 12 NEIGHBORHOOD CLEANUPS WERE ORGANIZED, HARNESSING OVER 100 VOLUNTEERS WHO COLLECTED 100 TIRES, 273 BAGS OF LITTER, AND 70 CUBIC YARDS OF ORGANIC WASTE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $2,068,547
Program Service Revenue $285,280
Investment Income $-29,647
Other Revenue $0
TOTAL REVENUE $2,324,180

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,060,963
Fundraising Expenses $58,389
Program Expenses $2,080,459
Other Expenses $1,262,959
TOTAL EXPENSES $2,323,922

Year-over-Year Comparison

2022 2021 Change
Revenue $2,324,180 $3,155,492 -0.3%
Expenses $2,323,922 $2,937,275 -0.2%
Net Income $258 $218,217 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
23
Volunteers
250

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$106,612
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOYCE CUMMINGS SECRETARY 2.00
Officer Director
$0 $0 $0
SUZANNE FERRARA DIRECTOR 2.00
Director
$0 $0 $0
AMANDA GERDING DIRECTOR 2.00
Director
$0 $0 $0
JENNIFER ROBOCK DIRECTOR 2.00
Director
$0 $0 $0
KRUME STOJANOVSKI DIRECTOR 2.00
Director
$0 $0 $0
DOC WARR DIRECTOR 2.00
Director
$0 $0 $0
GREG KNAPP PRESIDENT 4.00
Officer Director
$0 $0 $0
TIM VERBA VICE PRESIDE 4.00
Officer Director
$0 $0 $0
JAMIE PAWLAK DIRECTOR 4.00
Director
$0 $0 $0
KATE VINCIQUERRA TREASURER 4.00
Officer Director
$0 $0 $0
MICHAEL GEREGACH JR FORMER CONTR 40.00
Officer
$71,023 $35,589 $106,612
ROB STUNEK CONTROLLER 40.00
Officer
$0 $0 $0
CHRISTOPHER ALVARADO FORMER EXEC 40.00
$100,100 $26,663 $126,763
SHARON POSNER DIRECTOR 2.00
Director
$0 $0 $0
MARLANE WESLIAN DIRECTOR 2.00
Director
$0 $0 $0
JOE DUFFY DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $2,324,180 $2,323,922 $2,291,000 $258
2022 $3,155,492 $2,937,275 $2,304,613 $218,217
2021 $2,427,985 $2,137,613 $2,405,318 $290,372
2020 $2,563,261 $2,480,528 $2,486,245 $82,733
2019 $2,692,398 $2,919,407 $2,433,324 $-227,009
2018 $2,467,139 $2,459,384 $2,672,749 $7,755
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SLAVIC VILLAGE DEVELOPMENT with other nonprofits in Ohio and across the country.