Form 990 for tax year 2022

Filed by CLEVELAND HEARING AND SPEECH CENTER.

Totals

Total revenue: $5,098,315
Total expenses: $7,391,812
Contributions and grants received: $3,716,179
Grants paid: $0
Program service revenue: $3,494,895
Investment income: -$2,351,368
Other revenue: $238,609
Total assets, end of year: $20,973,526
Total liabilities, end of year: $11,001,888
Net assets or fund balances, end of year: $9,971,638
Program services expenses (Part IX): $5,905,832
Management and general expenses: $969,040
Fundraising expenses: $516,940
Program service expenses (Part III): $5,905,832

Program services were 79.9% 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.

1a · Federated campaigns

$28,268
1c · Fundraising events

$52,476
1e · Government grants (contributions)

$446,127
1f · All other contributions, gifts and grants

$3,189,308
2a · Program service revenue: PROG.SERV.REVENUE-RELATED-990

total $3,166,085 · related or exempt $3,166,085
2b · Program service revenue: OCCUPANCY - CWRU

total $253,399 · related or exempt $253,399
2c · Program service revenue: STUDENT SUPERVISION

total $44,627 · related or exempt $44,627
2d · Program service revenue: AUDIOLOGY REBATES

total $30,784 · related or exempt $30,784
3 · Investment income

total $549,988 · excluded $549,988
4 · Income from investment of tax-exempt bond proceeds

total $0
5 · Royalties

total $0
6c · Rental income or loss

real property $0 · personal property $0
6d · Net rental income or loss

total $0
7a · Gross sales of assets other than inventory

securities $2,668,748
7b · Less cost or other basis and sales expenses

securities $2,215,837 · other assets $3,354,267
7c · Gain or loss

securities $452,911 · other assets -$3,354,267
7d · Net gain or loss

total -$2,901,356 · related or exempt -$3,354,267 · excluded $452,911
8a · Fundraising events: gross income

$108,932
8a · Fundraising events: contributions included on line 1c

$52,476
8b · Fundraising events: direct expenses

$65,595
8c · Net income from fundraising events

total $43,337 · excluded $43,337
9a · Gaming: gross income

$0
9b · Gaming: direct expenses

$0
9c · Net income from gaming

total $0
10a · Gross sales of inventory

$0
10b · Cost of goods sold

$0
10c · Net income from sales of inventory

total $0
11a · Other revenue: MISCELLANEOUS INCOME

total $195,272 · related or exempt $195,272
11e · Other revenue, total

$195,272

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $0
2 · Grants to domestic individuals

total $0
3 · Grants to foreign organizations and individuals

total $0
4 · Benefits paid to or for members

total $0
5 · Compensation of officers, directors and key employees

total $184,453 · management and general $184,453
6 · Compensation of disqualified persons

total $0
7 · Other salaries and wages

total $3,454,633 · program services $2,765,923 · management and general $318,282 · fundraising $370,428
8 · Pension plan contributions

total $37,415 · program services $25,944 · management and general $7,665 · fundraising $3,806
9 · Other employee benefits

total $312,834 · program services $216,923 · management and general $64,088 · fundraising $31,823
10 · Payroll taxes

total $265,161 · program services $200,331 · management and general $37,835 · fundraising $26,995
11a · Fees: management

total $0
11b · Fees: legal

total $20,011 · management and general $20,011
11c · Fees: accounting

total $19,016 · management and general $19,016
11d · Fees: lobbying

total $0
11e · Fees: professional fundraising services

total $0
11f · Fees: investment management

total $74,153 · management and general $74,153
11g · Fees: other

total $558,937 · program services $431,867 · management and general $106,029 · fundraising $21,041
12 · Advertising and promotion

total $156,177 · program services $155,259 · management and general $300 · fundraising $618
13 · Office expenses

total $96,223 · program services $71,911 · management and general $11,354 · fundraising $12,958
14 · Information technology

total $200,598 · program services $156,272 · management and general $37,867 · fundraising $6,459
15 · Royalties

total $0
16 · Occupancy

total $375,359 · program services $359,847 · management and general $9,889 · fundraising $5,623
17 · Travel

total $22,065 · program services $18,581 · management and general $2,299 · fundraising $1,185
18 · Travel or entertainment for public officials

total $0
19 · Conferences, conventions and meetings

total $3,369 · program services $2,837 · management and general $351 · fundraising $181
20 · Interest

total $237,780 · program services $214,422 · management and general $20,008 · fundraising $3,350
21 · Payments to affiliates

total $0
22 · Depreciation, depletion and amortization

total $363,851 · program services $349,297 · management and general $9,096 · fundraising $5,458
23 · Insurance

total $39,751 · program services $38,161 · management and general $994 · fundraising $596
24a · Other expenses: HEARING AIDS & OTHER DEVICES

total $420,309 · program services $420,309
24b · Other expenses: CONTRACT LABOR

total $377,333 · program services $376,981 · management and general $173 · fundraising $179
24c · Other expenses: MISCELLANEOUS EXPENSE

total $61,373 · program services $30,181 · management and general $21,264 · fundraising $9,928
24d · Other expenses: CLINIC SUPPLIES

total $44,305 · program services $31,604 · management and general $3,811 · fundraising $8,890
24e · All other expenses

total $66,706 · program services $39,182 · management and general $20,102 · fundraising $7,422

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $128,129 · end of year $204,790
2 · Savings and temporary cash investments

beginning of year $0 · end of year $0
3 · Pledges and grants receivable

beginning of year $100,776 · end of year $685,739
4 · Accounts receivable

beginning of year $329,004 · end of year $442,692
5 · Loans and receivables from officers and key people

beginning of year $0 · end of year $0
6 · Loans and receivables from disqualified persons

beginning of year $0 · end of year $0
7 · Other notes and loans receivable

beginning of year $0 · end of year $0
8 · Inventories for sale or use

beginning of year $15,191 · end of year $14,601
9 · Prepaid expenses and deferred charges

beginning of year $61,237 · end of year $7,843
10a · Land, buildings and equipment: cost or other basis

$12,551,610
10b · Land, buildings and equipment: accumulated depreciation

$5,120,543
10c · Land, buildings and equipment, net

beginning of year $11,076,054 · end of year $7,431,067
11 · Investments: publicly traded securities

beginning of year $13,095,905 · end of year $9,980,485
12 · Investments: other securities

beginning of year $0 · end of year $0
13 · Investments: program-related

beginning of year $0 · end of year $0
14 · Intangible assets

beginning of year $0 · end of year $0
15 · Other assets

beginning of year $2,568,870 · end of year $2,206,309
17 · Accounts payable and accrued expenses

beginning of year $543,352 · end of year $539,777
18 · Grants payable

beginning of year $0 · end of year $0
19 · Deferred revenue

beginning of year $1,712 · end of year $0
20 · Tax-exempt bond liabilities

beginning of year $9,945,000 · end of year $9,637,500
21 · Escrow or custodial account liability

beginning of year $0 · end of year $0
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
23 · Secured mortgages and notes payable

beginning of year $0 · end of year $0
24 · Unsecured notes and loans payable

beginning of year $250,000 · end of year $670,000
25 · Other liabilities

beginning of year $22,918 · end of year $154,611
27 · Net assets without donor restrictions

beginning of year $12,235,887 · end of year $5,997,551
28 · Net assets with donor restrictions

beginning of year $4,376,297 · end of year $3,974,087

Mission and programs · 2022

Mission

Cleveland Hearing and Speech is the premier provider of hearing, speech-language and deaf services, education, and advocacy helping people connect through communication, regardless of ability to pay.

Activities or mission (Part I)

Cleveland Hearing & Speech is the premier provider of hearing, speech-language and deaf services, education, and advocacy helping people connect through communication.

The Speech-Language and Learning Department provides the following array of services: speech and language evaluations and language therapy. Services are offered to both adults and children, both individually and in groups, at our four office locations. Services are offered at low or no cost to the majority of clients. The Department also provides speech and language screenings, evaluations, and therapy at area schools, Head Start locations, and other community venues. Professional programs such as accent modification are also offered. Educational opportunities are offered through area presentations and workshops. Cleveland Hearing and Speech Center (CHSC) has an affiliation with Case Western Reserve University (CWRU) in which CHSC assists in training masters' level students in the field of speech-language pathology. CWRU rents a significant portion of space from CHSC in furtherance of this affiliation.

Expenses $2,220,819 · Revenue $1,241,996
The Audiology program provides the following array of services: hearing screenings, hearing evaluation, hearing aid and assistive listening device dispensing, hearing aid repairs, hearing and loss prevention programming, and professional audiology services. A variety of insurance plans are accepted including Medicare, Medicaid, and many private insurance plans. Reduced fees for services are typically available to those who financially qualify. Through the Ohio Department of Health Early Intervention Program CHSC also provides, at no cost, family training and counseling for children ages birth to three years who are identified with hearing loss.

Expenses $1,799,128 · Revenue $1,245,779
The Community Center for the Deaf and Hard of Hearing offers the following array of services: vocational rehabilitation services, case management and support services, and advocacy. Community education through presentations, workshops, and social media vlogs. Agency trainings and education on deafness, deaf culture, ADA compliance, and effective use of American Sign Language (ASL) interpreters. Domestic and sexual violence education, advocacy, and prevention. American Sign Language classes. SignStage educational programming, a theater arts program that incorporates ASL to promote deaf culture and tolerance.

Expenses $1,885,885 · Revenue $1,202,392

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

Listed in Part VII

Jennell C Vick

Executive Director

Total calculated

$184,453

From this org

$184,453

From related orgs

$0

Other

$0

Hours/week

45

Schedule J breakdown matched by us

Base

$171,739

Bonus

$12,500

Other

$214

Deferred

$0

Nontaxable benefits

$0

Filer's total

$184,453
Karen Bailo

President

Total calculated

$0

Hours/week

2
Laura Kleinman

President-Elect

Total calculated

$0

Hours/week

2
Douglas Hogan

Vice President

Total calculated

$0

Hours/week

2
Carol Metz

Secretary/Director

Total calculated

$0

Hours/week

2
Stuart Otts

Director

Total calculated

$0

Hours/week

2
Blair Cook

Director

Total calculated

$0

Hours/week

2
Cleve Gilmore

Director

Total calculated

$0

Hours/week

2
Jean Sarlson

Director

Total calculated

$0

Hours/week

2
Jonathon Wise

Director

Total calculated

$0

Hours/week

2
Joseph Brady

Director

Total calculated

$0

Hours/week

2
Laura Gold

Director

Total calculated

$0

Hours/week

2
Linda Davis

Director

Total calculated

$0

Hours/week

2
Matt Barbara

Director

Total calculated

$0

Hours/week

2
Monica Bowe

Director

Total calculated

$0

Hours/week

2
Philip Carino

Director

Total calculated

$0

Hours/week

2
Rosemary Sweeney

Director

Total calculated

$0

Hours/week

2
Steve Shore

Director

Total calculated

$0

Hours/week

2
Steven Bozarth

Director

Total calculated

$0

Hours/week

2
Terri Eason

Director

Total calculated

$0

Hours/week

2
Tom Abelson

Director

Total calculated

$0

Hours/week

2
Tom Weber

Director

Total calculated

$0

Hours/week

2
Trish Armstrong

Director

Total calculated

$0

Hours/week

2
Trish Geraghty

Director

Total calculated

$0

Hours/week

2
Carlin Culbertson

Director

Total calculated

$0

Hours/week

2
Carlos Santos

Director

Total calculated

$0

Hours/week

2
Deandra Williams-Lewis

Director

Total calculated

$0

Hours/week

2
Douglas Piper

Director

Total calculated

$0

Hours/week

2
Jim Thompson

Director

Total calculated

$0

Hours/week

2
KC Petraitis

Director

Total calculated

$0

Hours/week

2
Maxine Landers

Director

Total calculated

$0

Hours/week

2
Michael Goler

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

3 · Compensation committee
3 · Independent compensation consultant
3 · Form 990 of other organizations
3 · Compensation survey or study
3 · Approval by the board or compensation committee
5a · Pay contingent on this organization's revenues
6a · Pay contingent on this organization's net earnings

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5b · Pay contingent on a related organization's revenues
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 5:: As part of Jennell's compensation package, she is to be paid a base salary and a maximum of $12,500 from the 2019 Incentive Plan which 50% is financial results driven and the 50% is mission driven. 50% of the potential payout is contingent on the overall financial results of the Organization. If actual operating results are better than the initial plan, a 50% payout of the maximum will occur. If not, another review will occur and the potential payout will decrease to a range of 0-25% of the maximum. The other 50% of the potential payout is contingent on the mission of the Organization. A review and determination on how well the Center is accomplishing its mission will be made. The mission related payout will have a "gatekeeper" which will limit the payout if the financial performance of the Organization does not reach a certain minimum level.
Part I, Line 6:: If the overall bottom line of the Organization is worse than the budget, before public support, the following capped ranges apply: If over-budget by $100,000 or more, payout is capped at $1,250. If over-budget by $75,000-$100,000, payout is capped at $3,000. If over-budget by $30,000-$75,000, payout is capped at $4,250.

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

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2022
Filed: 15 November 2023
IRS schema version: 2022v5.0
Source object: 202303199349327850

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