St Vitus Endowment Corporation

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

EIN: 850560473 ✦ Cleveland, OH ✦ Designated as a 501(c)(3)

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Overview

What is St Vitus Endowment Corporation?

St. Vitus Endowment Corporation is a nonprofit organization located in Cleveland, Ohio, with the address 6019 Lausche Ave. The primary objective of this corporation is to support St. Vitus Parish and its community. They accomplish this by accepting contributions from parishioners, friends, and benefactors who wish to aid the organization. Additionally, the corporation offers financial assistance to registered parishioners who meet the criteria, enabling them to attend tuition-paying schools from grades K-to-12. In 2021, the corporation completed the construction of a parish hall, further strengthening their commitment to the parish and its members.


Official website here: www.saintvitus.org/education/mihevc

Is St Vitus Endowment Corporation legitimate?

St Vitus Endowment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Vitus Endowment Corporation 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


Official website here: www.saintvitus.org/education/mihevc

What is the mission statement of St Vitus Endowment Corporation?

The St. Vitus Endowment Corporation has a two-fold mission. Primarily, it aims to ensure the continued support of St. Vitus Parish, attracting contributions from parishioners, friends, and benefactors. Secondly, it offers financial assistance to registered parishioners who qualify, enabling them to attend tuition-paying schools from grades K-16. In 2021, the corporation accomplished the construction of a parish hall, while also providing temporal resources and assets to support St. Vitus Parish.


Official website here: www.saintvitus.org/education/mihevc

Who is the CEO of St Vitus Endowment Corporation?

Rev John C Retar is the President of St Vitus Endowment Corporation.


Official website here: www.saintvitus.org/education/mihevc

What is the revenue of St Vitus Endowment Corporation?

St Vitus Endowment Corporation's revenue in 2022 was $326,442.


Official website here: www.saintvitus.org/education/mihevc

Who are the executives of St Vitus Endowment Corporation and what are their salaries?

There 10 volunteers at St Vitus Endowment Corporation.


Here are 7 key members and their salaries:


Rev John C Retar (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph V Hocevar (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stane Kuhar (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Plassard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward D Cup (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Robert Graf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Hebebrand (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.saintvitus.org/education/mihevc

Where can I find the form 990 for St Vitus Endowment Corporation?

St Vitus Endowment Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.saintvitus.org/education/mihevc

Learn more at the official website: www.saintvitus.org/education/mihevc

Mission Statement of St Vitus Endowment Corporation

The St. Vitus Endowment Corporation is an organization dedicated to two primary missions. Firstly, it aims to sustain the support of St. Vitus Parish, drawing in contributions from parishioners, friends, and benefactors who wish to contribute to the corporation's cause. Secondly, the corporation focuses on assisting registered parishioners who are eligible to receive financial aid to attend tuition-paying schools from kindergarten to grade 16. In 2021, the corporation accomplished the construction of a parish hall and continued to provide temporal resources and assets to support St. Vitus Parish.

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Impact




October, 2024

St. Vitus Endowment Corporation plays a significant role in sustaining the vibrant life and community of St. Vitus Parish in Cleveland, Ohio. By rallying support from parishioners, friends, and benefactors, the organization ensures the ongoing financial viability of the parish and its programs.

One of the key impacts of the corporation is its commitment to educational support. It provides financial assistance to registered parishioners seeking to enroll their children in tuition-paying schools, from kindergarten through college. This initiative helps families overcome financial barriers to quality education, promoting academic and social development within the community.

In 2021, the completion of a parish hall marked a substantial achievement for the corporation, offering a new space for gatherings, services, and community events. This facility not only enhances the parish's physical presence but also strengthens community bonds and fosters a sense of belonging among members.

Overall, St. Vitus Endowment Corporation significantly enriches the parish's resources, enabling it to thrive and respond to the needs of its members, while promoting educational opportunities and community cohesion.




This information is meant to be a general summary of St Vitus Endowment Corporation. 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
$326,442 (2022)
Expenses
$596,430 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,378
  • Gross Receipts: $326,442

Assets and Liabilities:

  • Total Assets: $7,236,424
  • Total Liabilities: $674,644
  • Net Assets: $6,561,780

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Organization Details

Founding Year

2020

Principal Officer

Rev John C Retar

Main Address

6019 LAUSCHE AVE, CLEVELAND, OH, 44103

NTEE Category

Code: X12 - Religion related

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