UKRAINIAN AMERICAN COMMUNITY CENTER INC

EIN: 411408539 501(c)(3) Human Services

MINNEAPOLIS, MN

Total Revenue
$615,290
Total Expenses
$624,870
Total Assets
$1,373,876
Net Assets
$1,379,065
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
MN
Principal Officer
DIMA BLYSHCHAK
Phone
6123791956
Tax Period
2023-01-01 to 2023-12-31

UKRAINIAN AMERICAN COMMUNITY CENTER INC, founded in 1964, is a small nonprofit in the Human Services sector that reported $615K in total revenue in fiscal year 2023. Revenue fell 64% from the prior year — a significant decline worth monitoring. Net assets of $1.4M represent 27 months of operating reserves.

Mission

EDUCATE AND PRESERVE UKRAINIAN CULTURE. TO UNITE AND EMPOWER THE COMMUNITY THROUGH HUMANITARIAN AID, COMMUNITY SERVICES, AND THE ADVANCEMENT OF UKRAINIAN HISTORY, CULTURE, AND HERITAGE.

Program Service Accomplishments

Program 1
Expenses: $577,219 Revenue: $374,226

TO UNITE AND EMPOWER THE COMMUNITY THROUGH HUMANITARIAN AID, COMMUNITY SERVICES, AND THE ADVANCEMENT OF UKRAINIAN HISTORY, CULTURE, AND HERITAGE. PROVIDING CULTURAL EVENTS WHERE UKRAINIANS AND...

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TO UNITE AND EMPOWER THE COMMUNITY THROUGH HUMANITARIAN AID, COMMUNITY SERVICES, AND THE ADVANCEMENT OF UKRAINIAN HISTORY, CULTURE, AND HERITAGE. PROVIDING CULTURAL EVENTS WHERE UKRAINIANS AND NON-UKRAINIANS CAN LEARN AND APPRECIATE UKRAINE.

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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 $227,832
Program Service Revenue $385,911
Investment Income $1,547
Other Revenue $0
TOTAL REVENUE $615,290

Expense Breakdown

Grants Paid $86,300
Salaries & Benefits $161,835
Fundraising Expenses $10,793
Program Expenses $580,749
Other Expenses $58,457
TOTAL EXPENSES $624,870

Year-over-Year Comparison

2023 2022 Change
Revenue $615,290 $1,719,859 -0.6%
Expenses $624,870 $778,455 -0.2%
Net Income $-9,580 $941,404 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
6
Volunteers
150

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIMA BLYSHCHAK PRESIDENT 15.00
Officer
$0 $0 $0
MYKOLA SARAZHYNSKYY VP OUTREACH/ 15.00
Officer
$0 $0 $0
KOSTIANTYN KORCHAK VP OPERATION 15.00
Officer
$0 $0 $0
SERGIY KALMUK VP OUTREACH 15.00
Officer
$0 $0 $0
OKSANA KUSHNERYK TREASURER 15.00
Officer
$0 $0 $0
MARIA MATLASHEVSKI SECRETARY 15.00
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 $615,290 $624,870 $1,373,876 $-9,580
2022 $1,719,859 $778,455 $1,388,645 $941,404
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