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Slovene Home For The Aged Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311597513 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

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Overview

What is Slovene Home For The Aged Foundation?

The Slovene Home for the Aged Foundation is a supporting organization based in Cleveland, Ohio, specifically at 18621 NEFF ROAD. Its primary function is to assist the Slovene Home for the Aged, an Ohio non-profit corporation, which operates a 150-bed skilled nursing home. The foundation's purpose is to ensure that residents who cannot afford the full cost of care receive support through governmental programs and charitable donations. Operating exclusively for the benefit of the Slovene Home for the Aged, the foundation is exempt from income tax under Section 501(c)(3) of the IRS Code.

Is Slovene Home For The Aged Foundation legitimate?

Slovene Home For The Aged Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Slovene Home For The Aged Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Slovene Home For The Aged Foundation?

The Slovene Home for the Aged Foundation operates with the primary goal of supporting the Slovene Home for the Aged, a non-profit organization exempt from income tax under Section 501(c)(3) of the IRS Code. This foundation serves as a backing for the nursing home, which provides care for 150 residents. Notably, those residents who cannot afford the full cost of care receive support through governmental programs and charitable contributions. The foundation's role is crucial in ensuring that residents in need receive the necessary care.

Who is the CEO of Slovene Home For The Aged Foundation?

Matthew Kocin is the President of Slovene Home For The Aged Foundation.

What is the revenue of Slovene Home For The Aged Foundation?

Slovene Home For The Aged Foundation's revenue in 2022 was $1,252,192.

Who are the executives of Slovene Home For The Aged Foundation and what are their salaries?

There 2 volunteers at Slovene Home For The Aged Foundation.


Here are 12 key members and their salaries:


Matthew Kocin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alenka Winslett (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Blanchard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Marvar (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Klavora (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Elersich (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Anzells (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kandace Franklin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Kosec (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Tomsic (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Heckaman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Matas Cutler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Slovene Home For The Aged Foundation?

Slovene Home For The Aged Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Slovene Home For The Aged Foundation

The Slovene Home For The Aged Foundation serves as a supporting organization for a non-profit skilled nursing home, known as the Slovene Home for the Aged. This foundation operates with the primary aim of benefiting the nursing home, which is exempt from income tax under Section 501(c)(3) of the IRS Code. The Slovene Home for the Aged operates a 150-bed skilled nursing home, providing care for its residents. Notably, those residents who are financially unable to cover the full cost of care receive support from both governmental programs and charitable contributions. The Slovene Home For The Aged Foundation plays a crucial role in ensuring that these individuals receive the necessary care, bridging the gap between the cost of care and their financial capabilities.

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Impact




October, 2024

The Slovene Home For The Aged Foundation significantly enhances the quality of life for elderly individuals in the community, particularly those who require skilled nursing care. By supporting the Slovene Home for the Aged, a 150-bed nursing facility, the Foundation ensures that residents with limited financial resources receive the care they need. This support extends to individuals who cannot afford the full cost of their care, allowing them to benefit from government programs and charitable donations.

The Foundation plays a vital role in creating a nurturing environment where elderly residents can maintain their dignity and receive compassionate assistance. Through its efforts, it helps alleviate the financial burden on families, making it possible for more seniors to access essential services and enjoy a higher standard of living during their later years. Consequently, the Foundation's work strengthens community ties and underscores the importance of caring for the elderly population.




This information is meant to be a general summary of Slovene Home For The Aged Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,252,192 (2022)
Expenses
$660,944 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,229,566
  • Gross Receipts: $2,614,104

Assets and Liabilities:

  • Total Assets: $23,693,499
  • Total Liabilities: $43,981
  • Net Assets: $23,649,518

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Organization Details

Founding Year

1997

Principal Officer

Matthew Kocin

Main Address

18621 NEFF ROAD, CLEVELAND, OH, 44119

NTEE Category

Code: T70Z - Philanthropy

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