First Catholic Slovak Union of the United States & Canada
501(c)(8) Donations tax-deductible
100% goes to programs Strong reserves Declining revenue
First Catholic Slovak Union of the United States & Canada is a 501(c)(8) organization based in Independence, Ohio, registered in 1941, with $66,307,977 in FY2024 revenue. CharityIndex grades it B+, and it directs about 100% of spending to programs.
6611 Rockside Rd 3rd Fl, Independence, OH, 44131 EIN 34-0220550 Since 1941
Revenue (FY2024)
$66.3M
▼ 42.0% vs prior year
Expenses (FY2024)
$66.3M
Net assets
$54.4M
Employees
35
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
C+Program efficiency40% of the rating100% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For First Catholic Slovak Union of the United States & Canada: 100% to programs earns a C+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · -0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For First Catholic Slovak Union of the United States & Canada: 10 mo reserves · -0% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For First Catholic Slovak Union of the United States & Canada: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For First Catholic Slovak Union of the United States & Canada: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To provide life insurance and annuities and other fraternal benefits to members of this fraternal union.
Contact & location
- Address
- 6611 Rockside Rd 3rd Fl, Independence, OH, 44131
- City
- Independence
- State
- Ohio
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $37.1M (FY2013) to $66.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $533.0MNet assets $54.4M
Operating margin
-0.0%
Spent more than it raised in the latest fiscal year.
Total assets
$587.5M
Total liabilities
$533.0M
Net assets
$54.4M
Salaries & benefits
$3.3M
5% of expenses
Board members
15
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $66,307,977▼42.0% | $66,324,504▼39.7% | $54,418,491▲1.9% | $587,455,963▲1.5% | 990 |
| 2023 | $114,373,063▲43.2% | $109,951,162▲44.0% | $53,424,728▲10.4% | $578,950,327▲1.8% | 990 |
| 2022 | $79,856,772▼28.9% | $76,330,334▼30.5% | $48,374,546▲3.7% | $568,716,615▲7.1% | 990 |
| 2021 | $112,312,488▲67.0% | $109,815,234▲71.4% | $46,657,607▲6.6% | $530,937,088▲16.0% | 990 |
| 2020 | $67,239,079▲57.4% | $64,069,131▲81.7% | $43,771,595▲3.9% | $457,648,477▲9.9% | 990 |
| 2019 | $42,713,057▲48.3% | $35,265,992▲27.6% | $42,148,006▲30.2% | $416,524,510▲7.5% | 990 |
| 2018 | $28,809,659▼19.4% | $27,638,696▼18.9% | $32,374,585▲5.2% | $387,320,134▼2.2% | 990 |
| 2017 | $35,763,186▼4.8% | $34,073,943▼6.2% | $30,782,846▲9.5% | $395,957,087▲3.6% | 990 |
| 2016 | $37,554,025▲9.7% | $36,312,827▲9.4% | $28,099,397▲6.4% | $382,380,128▲4.2% | 990 |
| 2015 | $34,217,960▲6.0% | $33,188,756▲8.1% | $26,397,416▲9.3% | $366,868,307▲4.4% | 990 |
| 2014 | $32,293,108▼13.0% | $30,710,434▼13.5% | $24,149,682▲6.5% | $351,426,550▲4.5% | 990 |
| 2013 | $37,123,235 | $35,494,755▲10.5% | $22,681,611▲9.9% | $336,431,292▲10.1% | 990 |
| 2012 | — | $32,113,957▲14.7% | $20,646,572▲8.8% | $305,479,561▲7.1% | 990 |
| 2011 | — | $27,988,290▼39.6% | $18,984,017▲8.4% | $285,105,807▲4.7% | 990 |
| 2010 | — | $46,329,244 | $17,519,864 | $272,289,975 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Kenneth A Arendt — $199,614 (0.30% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kenneth A Arendt | President | 40 | $199,614 |
| Kevin Collins | Executive Secretary | 40 | $151,803 |
| John V Tokarsky | Treasurer | 5 | $68,800 |
| Gregory Maurer | Chairman of Auditors | 2 | $54,066 |
| Damian D Nasta | Vice-president | 2 | $53,034 |
| Gary J Matta | General Counsel | 2 | $51,639 |
| Joanne Fibbi | Fraternal Director | 2 | $19,645 |
| Richard F Ungvarsky Md | Medical Director | 2 | $19,645 |
| Rev Thomas A Nasta | Chaplain | 2 | $19,166 |
| Bradley Matta | Regional Director | 2 | $12,300 |
| James Marmol | Regional Director | 2 | $12,300 |
| Martha Zavada-wojcik | Regional Director | 2 | $12,300 |
| Milos Mitro | Regional Director | 2 | $12,300 |
| Nicole Nasta | Regional Director | 2 | $12,300 |
| Sabina Sabados | Regional Director | 2 | $12,300 |
| Thomas Ivanec | Regional Director | 2 | $12,300 |
| Timothy Graves | Regional Director | 2 | $12,300 |
| Anne Sutila | Auditor | 2 | $2,400 |
| Raymond Lako | Auditor | 2 | $2,400 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Aqs Asset Management | Asset Manager | $315,898 |
| Pinpoint Computer Systems | Technology/software | $177,689 |
| Endepersis | Actuary/insurance Consultant | $150,305 |
Frequently asked questions
- Is First Catholic Slovak Union of the United States & Canada a legitimate nonprofit?
- Yes. First Catholic Slovak Union of the United States & Canada is a 501(c)(8) organization registered with the U.S. Internal Revenue Service under EIN 34-0220550, based in Independence, Ohio. Donations are tax-deductible.
- What is First Catholic Slovak Union of the United States & Canada's EIN?
- First Catholic Slovak Union of the United States & Canada's Employer Identification Number (EIN) is 34-0220550.
- How much revenue does First Catholic Slovak Union of the United States & Canada report?
- First Catholic Slovak Union of the United States & Canada reported $66,307,977 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of First Catholic Slovak Union of the United States & Canada's spending goes to programs?
- First Catholic Slovak Union of the United States & Canada spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does First Catholic Slovak Union of the United States & Canada have?
- CharityIndex grades First Catholic Slovak Union of the United States & Canada B+, based on program efficiency and fundraising cost.
- How much does First Catholic Slovak Union of the United States & Canada's highest-paid employee make?
- The highest reported compensation on First Catholic Slovak Union of the United States & Canada's latest Form 990 is $199,614, paid to Kenneth A Arendt (President).
More nonprofits in Independence
Explore more
Data for First Catholic Slovak Union of the United States & Canada (EIN 34-0220550) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.