Serbian Brothers Help Inc

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

EIN: 366094578 ✦ Lindenhurst, IL ✦ Designated as a 501(c)(3)

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Overview

What is Serbian Brothers Help Inc?

Serbian Brothers Help Inc is a nonprofit organization located in Lindenhurst, Illinois. Their primary mission is to provide assistance to individuals of Serbian origin who are in need, while simultaneously promoting an understanding of Serbian culture and heritage. They achieve this through various events, such as celebrations of Serbian Saint's Day, Serbian Christmas, and Serbian New Year, which aim to increase awareness of Serbian cultural identity. Additionally, the organization may also contribute to the education of individuals regarding Serbian culture and heritage.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating.

Serbian Brothers Help Inc has received a Two-Star rating, indicating a need for improvement in certain accountability and transparency areas. While the organization demonstrates a strong program expense ratio of 82.01%, suggesting effective allocation of funds towards its mission, it falls short in several governance aspects, such as lacking essential policies like conflict of interest and whistleblower protections.

The organization has a majority of its board members (20%) classified as independent, which is a positive sign for governance. However, the absence of a website listed on its tax form and missing key documentation such as tax forms on its website and various governance policies raises concerns about transparency. Overall, while Serbian Brothers Help Inc shows strengths in program expenses and asset management, it needs to address its governance practices to enhance its accountability.


This AI summary has been generated from information found on Charity Navigator.

Is Serbian Brothers Help Inc legitimate?

Serbian Brothers Help Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Serbian Brothers Help Inc 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 Serbian Brothers Help Inc?

Serbian Brothers Help Inc's primary objective is to offer aid to individuals of Serbian descent who find themselves in need. Additionally, the organization strives to foster an understanding of Serbian culture and heritage. To achieve this, they conduct events that highlight significant Serbian celebrations, such as their Saint's Day, Christmas, and New Year, thereby promoting an increased awareness of Serbian cultural identity.

Who is the CEO of Serbian Brothers Help Inc?

Goran Matic is the Treasurer of Serbian Brothers Help Inc.

What is the revenue of Serbian Brothers Help Inc?

Serbian Brothers Help Inc's revenue in 2023 was $74,740.

Who are the executives of Serbian Brothers Help Inc and what are their salaries?


Here are 5 key members and their salaries:


Goran Matic (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ljubisa Kuzmanovic (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jovan Selakovic (2Nd Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter V Vla (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nada Kuzmanovic (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Serbian Brothers Help Inc?

Serbian Brothers Help Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Serbian Brothers Help Inc

Serbian Brothers Help Inc, a nonprofit organization, is dedicated to assisting individuals of Serbian origin who are in need. Beyond providing aid, the organization also seeks to foster an understanding of Serbian culture and heritage. This is achieved through various initiatives, such as celebrations of significant Serbian occasions, including Serbian Saint's Day, Serbian Christmas, and Serbian New Year. These events serve to promote and celebrate Serbian cultural identity, thereby enhancing awareness and appreciation for the heritage among the community.

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Impact




August, 2024

Serbian Brothers Help Inc's impact includes providing assistance to individuals of Serbian origin in need and promoting an understanding of Serbian culture and heritage. They organize events that celebrate Serbian cultural identity, such as Serbian Saint's Day, Serbian Christmas, and Serbian New Year, increasing awareness and fostering a sense of community among Serbian individuals in Lindenhurst, IL. Their mission extends to assisting in education and offering human services to those within the Serbian community.




This information is meant to be a general summary of Serbian Brothers Help Inc. 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
$74,740 (2023)
Expenses
$82,840 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $38,590
  • Gross Receipts: $94,292

Assets and Liabilities:

  • Total Assets: $659,794
  • Total Liabilities: $177,243
  • Net Assets: $482,551

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CULTERAL RELIGIOUS

Revenue

$38,590

Organization Details

Founding Year

1968

Principal Officer

Goran Matic

Main Address

PO BOX 6008, LINDENHURST, IL, 600466008

NTEE Category

Code: P84 - Human services

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