Totals
- Total revenue
- $5,901,437
- Total expenses
- $5,632,738
- Contributions and grants received
- $6,550
- Grants paid
- $501,623
- Program service revenue
- $5,408,244
- Investment income
- $480,736
- Other revenue
- $5,907
- Total assets, end of year
- $16,024,082
- Total liabilities, end of year
- $267,654
- Net assets or fund balances, end of year
- $15,756,428
- Program services expenses (Part IX)
- $5,106,123
- Management and general expenses
- $526,615
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $5,106,123
Program services were 90.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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.
-
1f · All other contributions, gifts and grants
$6,550
-
2a · Program service revenue: PROGRAM INCOME
total $5,408,244 · related or exempt $5,408,244
-
3 · Investment income
total $288,207 · excluded $288,207
-
7a · Gross sales of assets other than inventory
securities $3,272,803 · other assets $18,695
-
7b · Less cost or other basis and sales expenses
securities $3,098,969
-
7c · Gain or loss
securities $173,834 · other assets $18,695
-
7d · Net gain or loss
total $192,529 · related or exempt $173,834 · excluded $18,695
-
11a · Other revenue: OTHER INTEREST
total $5,907 · excluded $5,907
-
11e · Other revenue, total
$5,907
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $501,623 · program services $501,623
-
5 · Compensation of officers, directors and key employees
total $157,235 · management and general $157,235
-
7 · Other salaries and wages
total $4,024,759 · program services $3,955,949 · management and general $68,810
-
10 · Payroll taxes
total $450,616 · program services $433,546 · management and general $17,070
-
11c · Fees: accounting
total $15,600 · management and general $15,600
-
11f · Fees: investment management
total $99,542 · management and general $99,542
-
11g · Fees: other
total $521 · management and general $521
-
12 · Advertising and promotion
total $25,036 · program services $11,520 · management and general $13,516
-
13 · Office expenses
total $104,743 · program services $34,627 · management and general $70,116
-
16 · Occupancy
total $10,438 · management and general $10,438
-
19 · Conferences, conventions and meetings
total $36,759 · program services $36,759
-
22 · Depreciation, depletion and amortization
total $10,462 · management and general $10,462
-
23 · Insurance
total $84,891 · program services $50,871 · management and general $34,020
-
24a · Other expenses: DONATION
total $57,017 · program services $57,017
-
24b · Other expenses: MAINTENANCE & REPAIRS
total $20,715 · management and general $20,715
-
24c · Other expenses: SOCIAL PROGRAMS
total $12,778 · program services $12,778
-
24d · Other expenses: TELEPHONE
total $9,920 · program services $2,619 · management and general $7,301
-
24e · All other expenses
total $10,083 · program services $8,814 · management and general $1,269
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $1,063,639 · end of year $947,501
-
3 · Pledges and grants receivable
beginning of year $501,365 · end of year $508,529
-
9 · Prepaid expenses and deferred charges
beginning of year $28,420 · end of year $14,950
-
10a · Land, buildings and equipment: cost or other basis
$491,260
-
10b · Land, buildings and equipment: accumulated depreciation
$401,540
-
10c · Land, buildings and equipment, net
beginning of year $103,579 · end of year $89,720
-
11 · Investments: publicly traded securities
beginning of year $16,969,104 · end of year $14,463,382
-
17 · Accounts payable and accrued expenses
beginning of year $233,575 · end of year $267,654
-
18 · Grants payable
beginning of year $10,000
-
27 · Net assets without donor restrictions
beginning of year $18,422,532 · end of year $15,756,428
Mission and programs · 2022
Mission
THE HELLENIC FOUNDATION'S MISSION IS TO FUND THE DEVELOPMENT AND SUPPORT OF PROGRAMS AND PROJECTS BENEFITING GREEK AMERICAN AND ORTHODOX CHRISTIAN ORGANIZATIONS IN THE CHICAGOLAND AREA.
-
GUIDED BY A VOLUNTEER BOARD OF DIRECTORS AND STAFF EXPERIENCED IN HUMAN SERVICES, HELLENIC FOUNDATION SERVES THE SOCIAL SERVICE NEEDS OF INDIVIDUALS, COUPLES AND FAMILIES OF ALL CULTURES.
Expenses $5,106,123 · Grants $501,623 · Revenue $5,408,244
As filed on the 2022 return.
Listed in Part VII
-
Demetrios SoukoulisDEMETRIOS SOUKOULIS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 6
-
Louis G ApostolLOUIS G APOSTOL
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 2
-
Bill J VranasBILL J VRANAS
TREASURER
- Total calculated
- $0
- Hours/week
- 6
-
Hon Anthony C KyriakopoulosHON ANTHONY C KYRIAKOPOULOS
ASSISTANT TR
- Total calculated
- $0
- Hours/week
- 2
-
Dorian BezanisDORIAN BEZANIS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Nicholas GeroulisNICHOLAS GEROULIS
ASSISTANT SE
- Total calculated
- $0
- Hours/week
- 2
-
Peter ValessaresPETER VALESSARES
EXECUTIVE DI
- Total calculated
- $157,235
- From this org
- $157,235
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $157,235
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $157,235
-
His Grace Bishop Timothy BakakosHIS GRACE BISHOP TIMOTHY BAKAKOS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Michael ChiorosMICHAEL CHIOROS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Alexander GianarasALEXANDER GIANARAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
George KarcazesGEORGE KARCAZES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Ernest C KarrasERNEST C KARRAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Louie KontosLOUIE KONTOS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Eleni KouimelisELENI KOUIMELIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Joanne StavrakasJOANNE STAVRAKAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
William VranasWILLIAM VRANAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
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
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
-
$148,380
ACC IMP SPORTS FIELD
-
$67,301
YOUNG ADULT MINISTRY
-
TRANSPORT BUS
-
$50,000
RELIGIOUS EDUCATION
-
$25,235
BASKETBALL COURT
-
$25,000
MINISTRY INFRASTRUCT
-
$16,140
EDUCATIONAL PROGRAM
-
BASKETBALL TOURNAMEN
-
CLASSROOM TECHNOLOGY
-
$11,260
ONLINE PROGRAMMING
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 18 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202342629349301019
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.