Better Business Bureau Report for
Slavic Village Development

Better Business Bureau Report issued November 2012
Better Business Bureau Report expires November 2014


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Slavic Village Development
Address: 5620 Broadway Ave Ste 200
  Cleveland, OH 44127
Phone: 216-429-1182
Web Address: http://www.slavicvillage.org
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Better Business Bureau Comments

Year, State Incorporated: 1980, Ohio
Affiliates: None
Stated Purpose: Slavic Village Development will promote, empower, and build Broadway/Slavic Village as a thriving diverse community.

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Evaluation Conclusions

              

Slavic Village Development (SVD) meets the 20 Standards for Charity Accountability.
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Programs

              

Slavic Village Development will develop and implement projects directed towards rehabilitation, construction and weatherization of housing in targeted low-income neighborhoods.

For the fiscal year ended June 30, 2011, SVD's program expenses were:

  
housing production 654,545
commercial development 570,902
community organizing 332,822
property management 308,947
consumer services 237,072
special projects 158,949
real estate 68,823
code enforcement 67,154
Total Program Expenses: $2,399,214
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Governance

              

Chief Executive : Marie Kittredge, Executive Director
Compensation*: 
$83,229

Chair of the Board: Suzanne Ferrara
Chair's Profession / Business Affiliation:

Board Size: 18

Paid Staff Size:

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail, invitations to fund raising events, internet
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on SVD's audited financial statements for the fiscal year ended June 30, 2011.

Source of Funds  
grants 1,304,921
community development block grants 612,334
cleveland neighborhood partnership program 175,495
management fees 159,867
assets released 156,592
contract fees 118,597
rental 100,732
development fees 73,800
interest 48,520
donations 46,331
fundraising 37,216
other 116
Total Income $2,834,521


chart



Uses of Funds as a % of Total Expenses

Programs: 0  Fund Raising: 0  Administrative: 0 

Total income $2,834,521
Program expenses $2,399,214
Fund raising expenses 75,383
Administrative expenses 245,759
Total expenses $0
0
Beginning net assets 1,708,501
Other Changes in Net Assets 111,775
Ending net assets 0
Total liabilities 0
Total assets $0


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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