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Nonprofiteer
← FIRST CATHOLIC SLOVAK LADIES ASSOC OF THE USA

Form 990 for tax year 2022

Filed by FIRST CATHOLIC SLOVAK LADIES ASSOC OF THE USA.

Totals

Total revenue
$87,396,346
Total expenses
$86,228,050
Contributions and grants received
$0
Grants paid
$386,787
Program service revenue
$37,395,224
Investment income
$49,958,076
Other revenue
$43,046
Total assets, end of year
$1,127,543,562
Total liabilities, end of year
$1,018,468,080
Net assets or fund balances, end of year
$109,075,482
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: FRATERNAL INSURANCE PREMIUMS

    total $37,187,201 · related or exempt $37,187,201

  • 2b · Program service revenue: AMORTIZATION OF IMR

    total $208,023 · related or exempt $208,023

  • 3 · Investment income

    total $50,623,178 · related or exempt $50,623,178

  • 7a · Gross sales of assets other than inventory

    securities $23,539,558

  • 7b · Less cost or other basis and sales expenses

    securities $24,204,660

  • 7c · Gain or loss

    securities -$665,102

  • 7d · Net gain or loss

    total -$665,102 · related or exempt -$665,102

  • 10a · Gross sales of inventory

    $22,462

  • 10b · Cost of goods sold

    $14,737

  • 10c · Net income from sales of inventory

    total $7,725 · unrelated business $7,725

  • 11a · Other revenue: MISCELLANEOUS

    total $35,321 · related or exempt $35,321

  • 11e · Other revenue, total

    $35,321

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $180,350

  • 2 · Grants to domestic individuals

    total $206,437

  • 4 · Benefits paid to or for members

    total $67,518,282

  • 5 · Compensation of officers, directors and key employees

    total $927,099

  • 7 · Other salaries and wages

    total $2,225,703

  • 8 · Pension plan contributions

    total $41,563

  • 9 · Other employee benefits

    total $422,414

  • 10 · Payroll taxes

    total $218,076

  • 11b · Fees: legal

    total $65,604

  • 11c · Fees: accounting

    total $182,194

  • 11g · Fees: other

    total $232,163

  • 12 · Advertising and promotion

    total $176,742

  • 13 · Office expenses

    total $97,796

  • 16 · Occupancy

    total $237,346

  • 17 · Travel

    total $77,501

  • 19 · Conferences, conventions and meetings

    total $275,044

  • 22 · Depreciation, depletion and amortization

    total $291,124

  • 23 · Insurance

    total $66,810

  • 24a · Other expenses: CHANGE IN AGGREGATE RES

    total $8,813,764

  • 24b · Other expenses: COMMISSIONS ON PREMIUMS

    total $971,768

  • 24c · Other expenses: PRINTING AND PUBLICATIO

    total $676,933

  • 24d · Other expenses: BRANCH MEMBERSHIP

    total $631,373

  • 24e · All other expenses

    total $1,691,964

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $33,135 · end of year $30,070

  • 2 · Savings and temporary cash investments

    beginning of year $17,602,735 · end of year $18,227,618

  • 7 · Other notes and loans receivable

    beginning of year $519,810 · end of year $258,126

  • 10a · Land, buildings and equipment: cost or other basis

    $8,642,979

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,817,973

  • 10c · Land, buildings and equipment, net

    beginning of year $4,598,305 · end of year $4,825,006

  • 11 · Investments: publicly traded securities

    beginning of year $1,056,795,578 · end of year $1,067,508,218

  • 13 · Investments: program-related

    beginning of year $1,927,530 · end of year $1,817,062

  • 15 · Other assets

    beginning of year $34,996,578 · end of year $34,877,462

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,620,776 · end of year $2,009,095

  • 25 · Other liabilities

    beginning of year $1,005,533,838 · end of year $1,016,458,985

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $109,319,057 · end of year $109,075,482

Mission and programs · 2022

Mission

ESTABLISHED IN 1892, THE FIRST CATHOLIC SLOVAK LADIES ASSOCIATION PROVIDES FINANCIAL SECURITY TO ITS MEMBERS NATIONWIDE THROUGH ITS PREMIER LIFE INSURANCE AND ANNUITY PRODUCTS. SALES OF THESE PRODUCTS ALLOW THE FIRST CATHOLIC SLOVAK LADIES ASSOCIATION TO SERVE BOTH ITS MEMBERS AND THE COMMUNITY WITH FRATERNAL AND CHARITABLE OPPORTUNITIES THAT PROMOTE CATHOLIC VALUES AND SLAVIC TRADITIONS.

Activities or mission (Part I)

TO PROVIDE FRATERNAL AND OTHER BENEFITS TO MEMBERS.

  • LIFE INSURANCE ACTIVITIES AND BENEFITS (134,075 CERTIFICATES IN FORCE: $1,111,705,000 AMOUNT OF INSURANCE IN FORCE).

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Cynthia Maria Maleski

    NATIONAL,PRESIDENT/CEO

    Total calculated
    $314,890
    From this org
    $287,198
    From related orgs
    $0
    Other
    $27,692
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $287,198
    Bonus
    $0
    Other
    $0
    Deferred
    $17,284
    Nontaxable benefits
    $10,408
    Filer's total
    $314,890

  • Msgr Peter M Polando

    NATIONAL CHAPLAIN

    Total calculated
    $20,271
    From this org
    $20,271
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Lawrence M Golofski

    NATIONAL DIRECTOR

    Total calculated
    $15,606
    From this org
    $15,606
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Barbara A Sekerak

    NATIONAL AUDITOR

    Total calculated
    $21,848
    From this org
    $21,848
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Joann Skvarek Banvich

    NATIONAL DIRECTOR

    Total calculated
    $15,606
    From this org
    $15,606
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Dennis L Povondra

    NATIONAL AUDITOR

    Total calculated
    $21,848
    From this org
    $21,848
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Jeanette E Palanca

    NATIONAL DIRECTOR

    Total calculated
    $15,606
    From this org
    $15,606
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Dorothy L Urbanowicz

    NATIONAL AUDITOR

    Total calculated
    $21,848
    From this org
    $21,848
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Sue Ann M Seich

    NATIONAL DIRECTOR

    Total calculated
    $21,848
    From this org
    $21,848
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Patrick Braun

    NATIONAL DIRECTOR

    Total calculated
    $15,606
    From this org
    $15,606
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Suzanne V Strohl

    NATIONAL DIRECTOR

    Total calculated
    $21,848
    From this org
    $21,848
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Stuart L Collins

    NATIONAL TREASURER

    Total calculated
    $222,557
    From this org
    $200,073
    From related orgs
    $0
    Other
    $22,484
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,073
    Bonus
    $0
    Other
    $0
    Deferred
    $12,076
    Nontaxable benefits
    $10,408
    Filer's total
    $222,557

  • Kimberly Graham

    NATIONAL SECRETARY

    Total calculated
    $197,717
    From this org
    $177,511
    From related orgs
    $0
    Other
    $20,206
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,511
    Bonus
    $0
    Other
    $0
    Deferred
    $9,798
    Nontaxable benefits
    $10,408
    Filer's total
    $197,717

  • James Deak

    PROGRAMMER/ANALYST

    Total calculated
    $128,479
    From this org
    $111,206
    From related orgs
    $0
    Other
    $17,273
    Hours/week
    40

  • Paula Dalpiaz

    INSURANCE/IT MGR

    Total calculated
    $128,738
    From this org
    $110,878
    From related orgs
    $0
    Other
    $17,860
    Hours/week
    40

  • Paul S Smithers

    NATIONAL SALES MANAGER

    Total calculated
    $234,712
    From this org
    $210,875
    From related orgs
    $0
    Other
    $23,837
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $210,875
    Bonus
    $0
    Other
    $0
    Deferred
    $13,429
    Nontaxable benefits
    $10,408
    Filer's total
    $234,712

  • Frank Rando

    CONTROLLER

    Total calculated
    $123,805
    From this org
    $106,842
    From related orgs
    $0
    Other
    $16,963
    Hours/week
    40

  • Prathima Vadi

    IT MANAGER

    Total calculated
    $142,819
    From this org
    $124,956
    From related orgs
    $0
    Other
    $17,863
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
23 October 2023
IRS schema version
2022v5.0
Source object
202303199349312380

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