SLOVENIAN UNION OF AMERICA INC

EIN: 453860236 501(c)(3) Arts, Culture & Humanities

JOLIET, IL

Total Revenue
$131,740
Total Expenses
$111,596
Total Assets
$599,753
Net Assets
$549,202
🔒

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
2011
Legal Domicile
IL
Principal Officer
JOSEPH VALENCIC
Phone
8157271926
Tax Period
2024-01-01 to 2024-12-31

SLOVENIAN UNION OF AMERICA INC, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $132K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $20K, a strong 15% operating margin.

Mission

PROMOTE AND PRESERVE THE LEGACY OF SLOVENIAN-AMERICANS, THROUGH A QUARTERLY PUBLICATION, WEEKLY NEWSLETTER, EDUCATIONAL MUSEUM, SLOVENIAN LANGUAGE CLASSES, COOKBOOK PUBLICATION, WEBSITE COMMUNICATIONS AND OTHER ACTIVITES TO PROMOTE SLOVENIAN CULTURE AND HISTORY.

Program Service Accomplishments

Program 1
Expenses: $36,234 Revenue: $36,013

ORGANIZATION PUBLISHES A QUARTERLY MAGAZINES KNOW AS "ZARJA" (THE DAWN)" IN 2024, PUBLISHED 6,753 MAGAZINES WITH AVERAGE OF 40 PAGES. MAGAZINES ARE PRINTED IN COLOR ON GLOSSY PAPER. ANNUAL MEMBERSHIP...

Read more

ORGANIZATION PUBLISHES A QUARTERLY MAGAZINES KNOW AS "ZARJA" (THE DAWN)" IN 2024, PUBLISHED 6,753 MAGAZINES WITH AVERAGE OF 40 PAGES. MAGAZINES ARE PRINTED IN COLOR ON GLOSSY PAPER. ANNUAL MEMBERSHIP DUES OF $35 INCLUDES THE MAGAZINE. ANNUAL MAILING EXPENSE FOR 6,753 MAGAZINES IS $5,596. NON MEMBERS PAY $8.99 EACH AND INTERNATIONAL $15,99 EA. MAGAZINES CONTAIN: PRESIDENT'S REPORT ON EVENTS AND ACTIVITIES, LIST OF NEW MEMBERS, LIST OF DONORS WITH NAMES AND AMOUNTS, DONATIONS OF ARTIFACTS, VARIOUS ARTICLES SUBMITTED BY DONORS IN TRIBUTE TO LONG TERM MEMBERS, FAMILY SLOVENIAN GENEALOGY, AND TRADITIONAL FOOD RECIPES. THERE ARE TWO PART TIME EMPLOYEES, EDITOR AND DESIGNR.$10.400 AND TWO PART TIME CONTRACTOR PROOFREADERS, ONE ENGLISH GRAMMAR CHECKER $600 AND ONE SLOVENIAN GRAMMER CHECKER $400.

Program 2
Expenses: $14,522

HERITAGE EDUATIONAL MUSEUM CONTAINS A COLLECTION OF IMMIGRANT'S ARTIFACTS SUCH AS PHOTOS, BOOKS, DIARIES,CLOTHING, UNIFORMS , TRUNKS, MUSICAL INSTRUMENTS, WORK TOOLS, AND FURNITURE, ETC. LIBRARY...

Read more

HERITAGE EDUATIONAL MUSEUM CONTAINS A COLLECTION OF IMMIGRANT'S ARTIFACTS SUCH AS PHOTOS, BOOKS, DIARIES,CLOTHING, UNIFORMS , TRUNKS, MUSICAL INSTRUMENTS, WORK TOOLS, AND FURNITURE, ETC. LIBRARY HOLDINGS HAVE OVER 900 BOOKS AND SPECIAL COLLECTION FROM A RECOGNIZED SLOVENIAN AMERICAN ARTIST BROGAN GROM (1918 TO 2013). THERE IS A SMALL GIFT SHOP AND MUSEUM IS OPENED BY APPOINTMENT. HARTFORD INSURANCE PROVIDES MUSEUM COVERAGE OF $136,400, PLUS VALUABLE PAPERS $50,000, 1940 PORTRAIT PAINTING OF FOUNDER $4,000 AND ROADSIDE CHAPEL AT A CEMETARY $25,000.HISTORICALLY, ORGANIZATION MOVED FROM CHICAGO IL TO JOLIET IL IN NOVEMBER 1976 TO A 2 1/2 STORY BRICK BUILDING CONSTRUCTED IN 1910. TOTAL FIRST FLOOR IS 1,324 SQ FT, MUSEUM IS 729 SQ FT WITH LIBRARYHOLDINGS/OFFICE 363 SQ FT AND REAR 232 SQ FT CONTAINS REST ROOMS AND STORAGE. REAR SIDE OF BUILDING IS LOCATED ON FAMOUS STREET ROUTE 66. BOARD OF DIRECTORS HELD ITS ANNUAL MEETING AT THE MUSEUM IN SEPTEMBER FOR 3 DAYS. REGULAR MONTHLY MEETINGS ARE HELD BY VIDEO COMMUNICATIONS - ZOOM.

Program 3
Expenses: $6,049

THERE ARE 20 BRANCHES IN 9 STATES AND D.C. WITH 1,799 MEMBERS. BRANCHES CONTRIBUTED $3,049 TO VARIOUS LOCAL SOCIAL SERVICE AGENCIES/FOOD PANTRIES, CHURCHES, LIBRARIES, ETCTHERE WERE 3 EDUCATION...

Read more

THERE ARE 20 BRANCHES IN 9 STATES AND D.C. WITH 1,799 MEMBERS. BRANCHES CONTRIBUTED $3,049 TO VARIOUS LOCAL SOCIAL SERVICE AGENCIES/FOOD PANTRIES, CHURCHES, LIBRARIES, ETCTHERE WERE 3 EDUCATION GRANTS OF $1,000 EACH FOR A TOTAL OF $3,000. PRGORAM IS MANAGED BY THE CULTURAL COMMITTEE OF 4 MEMBERS. CHAIR PERSON IS FROM BOARD AND 3 OTHERS ARE FROM 3 DIFFERENT BRANCHES. PROGRAM IS ADVERTISED IN THE QUARTERLY PUBLICATIONI "ZARJA AND ON THE WEBSITE. APPLICATION FORM OF TWO PAGES CAN BE DOWLOADED FROM WEBSITE. DUE DATE IS JULY 1 AND 20 APPLICATIONS WERE RECEIVED FOR 2024. COMMITTEE FOLLOWS ITS POLICY/PROCEDURE AND USES AN EVALUATION TOOL KNOWN AS THE RUBRIC SCORING SHEET. IN ADDITION TO OTHER APPLICATION QUESTIONS. COMPLETED APPLICATION CAN BE EMAILED TO COMMITTEE OR U.S. MAIL TO HOME OFFICE IN JOLIET, IL . THE BUDGET OF $3,000 IS AN AVERAGE OF EDUCATION GRANT DONATIONS RECEIVED IN PRIOR TWO YEARS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $70,164
Program Service Revenue $36,013
Investment Income $17,903
Other Revenue $7,660
TOTAL REVENUE $131,740

Expense Breakdown

Grants Paid $6,048
Salaries & Benefits $23,176
Fundraising Expenses $0
Program Expenses $63,613
Other Expenses $82,372
TOTAL EXPENSES $111,596

Year-over-Year Comparison

2024 2023 Change
Revenue $131,740 $144,674 -0.1%
Expenses $111,596 $156,210 -0.3%
Net Income $20,144 $-11,536 -2.7%
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
7
Independent Members
5
Employees
4
Volunteers
205

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
7
$6,600
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH A VALENCIC NATIONAL PRESIDENT 8.00
Officer
$0 $0 $0
ANNETTE CHARRON NATIONAL VP OF OUTREACH 6.50
Officer
$600 $0 $600
ANNELISE BENITEZ NATIONAL VP OF CULTURE AND HERITAGE 5.00
Officer
$0 $0 $0
GEORGENE AGNICH NATIONAL VP OF HOME OFFICE 20.00
Officer
$0 $0 $0
CHRISTINA ECHEVARRIA NATIONAL VP OF MARKETING/F 20.00
Officer
$0 $0 $0
ROBERT J KUHEL NATIONAL TREASURER 23.50
Officer
$0 $0 $6,000
MARY GLAIZE NATIONAL CORRESPONDING & R 10.00
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 $131,740 $111,596 $599,753 $20,144
2023 $144,674 $156,210 $541,240 $-11,536
2022 $102,182 $98,343 $566,248 $3,839
2021 $141,605 $101,147 $609,701 $40,458
2020 $104,104 $81,854 $563,908 $22,250
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SLOVENIAN UNION OF AMERICA INC with other nonprofits in Illinois and across the country.