Society of the Danube Swabians of the USA

EIN: 362477890 501(c)(3) Arts, Culture & Humanities

Des Plaines, IL

Total Revenue
$182,539
Total Expenses
$174,625
Total Assets
$2,160,698
Net Assets
$2,160,698
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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
IL
Principal Officer
Nicole Herion
Phone
8472966172
Tax Period
2023-01-01 to 2023-12-31

Society of the Danube Swabians of the USA, founded in 1953, is a small nonprofit in the Arts, Culture & Humanities sector that reported $183K in total revenue in fiscal year 2023. Revenue surged 72% from the prior year, signaling strong growth momentum. Expenses of $175K left a modest 4% surplus.

Mission

The mission is to provide a center for the support of program services for seniors, youth, and young children of the community. In addition, the organization collects and distributes food and clothing, as well as provides support for eligible public charities with similar missions.

Program Service Accomplishments

Program 1
Expenses: $73,218

The language program provides facility and teachers for a German language program for children in kindergarten through 8th grade. All teachers are certified, tuition is 50% below similar programs...

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The language program provides facility and teachers for a German language program for children in kindergarten through 8th grade. All teachers are certified, tuition is 50% below similar programs offered in the area. The program is open and advertised to the public. Financial assistance is offered to any families in need.

Program 2
Expenses: $68,884

The children and youth programs provide structured programs to teach folk dancing and singing. The children and youth group organize food drives. The children and youth groups also volunteer in area...

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The children and youth programs provide structured programs to teach folk dancing and singing. The children and youth group organize food drives. The children and youth groups also volunteer in area nursing homes.The Senior program service consists of providing a facility, open to the public, for socialization, lectures, and subsidized meals to senior citizens at various times throughout the month. There are hundreds of seniors who participate in the Senior program.

Program 3
Expenses: $10,291

Community program services: Direct financial support for IRC 501(c)(3) organizations in the community. In addition, the Society organizes and collects thousands of nonperishable food items that are...

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Community program services: Direct financial support for IRC 501(c)(3) organizations in the community. In addition, the Society organizes and collects thousands of nonperishable food items that are donated to the Des Plaines Self Help pantry.The children and youth groups also conduct a collection of Christmas presents for underpriviled area children. The presents are donated to the Des Plaines Self Help pantry for distribution.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $42,307
Program Service Revenue $65,609
Investment Income $14,703
Other Revenue $59,920
TOTAL REVENUE $182,539

Expense Breakdown

Grants Paid $10,291
Salaries & Benefits $16,429
Fundraising Expenses $0
Program Expenses $152,393
Other Expenses $147,905
TOTAL EXPENSES $174,625

Year-over-Year Comparison

2023 2022 Change
Revenue $182,539 $106,349 +0.7%
Expenses $174,625 $135,201 +0.3%
Net Income $7,914 $-28,852 -1.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
110

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
8
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rose Hauer Director 3.00
Director
$0 $0 $0
Kristoff Giannoni Director 3.00
Director
$0 $0 $0
Eric Hauer Director 3.00
Director
$0 $0 $0
Marianne Strumberger Director 3.00
Director
$0 $0 $0
Edward Palffy Director 4.00
Director
$0 $0 $0
Rob Mayer Director 5.00
Director
$0 $0 $0
Ralph Welsch Vice President 5.00
Officer
$0 $0 $0
Eric Deloy Secretary 15.00
Officer
$0 $0 $0
Jennifer Deloy Treasurer 3.00
Officer
$0 $0 $0
Nicole Herion President 20.00
Officer
$0 $0 $0
Peter Meister CFO 5.00
Officer
$0 $0 $0
Richard Toth Vice President 5.00
Officer
$0 $0 $0
Randy Baker Director 2.00
Officer
$0 $0 $0
Michael Politzki Vice President 5.00
Officer
$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
2024 No data No data No data No data
2023 $182,539 $174,625 $2,160,698 $7,914
2022 $106,349 $135,201 $2,118,210 $-28,852
2021 $166,508 $130,980 $2,366,450 $35,528
2020 $74,341 $102,628 $2,185,385 $-28,287
2019 $153,892 $175,393 $2,191,741 $-21,501
2018 $188,325 $206,323 $2,193,858 $-17,998
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