2024-11-21T11:54:13-07:00 2023-10-31 990 2022-11-01 362770969 SLOVAK AMERICAN CHARITABLE ASSOCIATION SLOV 2247020456 PO BOX 778 Zion IL 60099 Christine Hill Executive Director 8477694308 2024-02-13 1 2022 2024-10-15 13:58:12Z X X Christine Hill 526 W Oak Street Coal City IL 60416 192703 0 X X 1915 IL The Slovak American Charitable Association, guided and empowered by its charter, exists to provide charitable outreach. We serve those in need as we represent the values of our heritage by loving and caring for each other, and those individuals and organization which strive for dignity, respect, and care with the community. X 15 15 0 0 0 0 2660265 98105 10637119 0 449899 28 0 94570 13747283 192703 0 0 0 0 8258519 106859 0 0 0 6900687 1863405 15159206 1970264 -1411923 -1777561 9245034 1041847 8358041 15461 886993 1026386 X Delivery of services and care at the highest level of quality and compassion, while maintaining the most reasonable cost possible. Skilled nursing and rehabilitation facility of 115 beds and independent/assisted living of 59 apartments 0 1 134408 0 Skilled nursing, rehabilitation facility of 115 beds, and independent/assisted living of 59 apartments 0 0 0 134408 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X Christine Hill 2247020456 526 W Oak Street Coal City IL 60416 Christine Hill Executive Director/CEO 40 0 X X 80278 0 0 James Stefo Jr President of the Board 1 0 X X 17500 0 0 Janet Pilch Treasurer 1 0 X X 0 0 0 Bryan Ipsen Management Committee/Director 1 0 X 0 0 0 Dorothy Mitchell-Murphy Secretary 1 0 X X 0 0 0 Andrew Stefo Vice President 1 0 X X 0 0 0 Anne Lesak Scott Management committee/Director until (3/23) 1 0 X 0 0 0 Linda Fusek Director 1 0 X 0 0 0 Karen Ipsen Director 1 0 X 0 0 0 Dennis Pilch Director 1 0 X 0 0 0 Kathryn Stefo Director 1 0 X 0 0 0 Lucia Stefo Director 1 0 X 0 0 0 Irene Tomaskovic Director 1 0 X 0 0 0 Janet Tomaskovic Director 1 0 X 0 0 0 97778 0 0 0 0 0 0 Select Rehabiliation PO Box 7985 Chicago IL 60694 Therapy Services 207155 CareerStaff Unlimited PO Box 301076 Dallas TX 75303 Staff Agency 126919 SC&H Group 6011 University Boulevard Suite 490 Ellicott City MD 21043 Broker for Sale Transaction 309500 Ice Miller 200 West Madison Street Suite3500 Chicago IL 60606 Legal Services 263602 4 0 0 0 0 97527 578 0 98105 0 28 0 0 28 0 0 0 0 0 0 0 0 0 0 0 0 0 Rev Related to sale transaction 623110 94570 94570 0 0 0 0 0 0 94570 192703 94570 0 28 16211 14104 2107 0 90648 78864 11784 0 263602 0 263602 0 117599 0 117599 0 0 0 0 0 0 0 0 0 0 0 0 -437 -437 32875 12668 20207 16916 16916 50145 50145 218285 10988 207297 Therapy Serivces 33203 33203 0 0 Bad Debts 659295 0 659295 Miscellaneous 88696 -15419 104115 0 Investment Banking Fees re to sale of operations 383226 0 383226 0 1970264 134408 1835856 0 1184473 354518 1721479 72734 300000 393050 0 99759 314595 5846273 0 9245034 1041847 1618798 15461 4635000 0 1850000 0 149323 0 104920 8358041 15461 X 886993 1026386 0 0 886993 1026386 9245034 1041847 -1777561 0 0 0 1916954 0 X 0 0 0 X 3618 775132 2111937 2660265 98105 5649057 14322510 12803845 11332225 10637119 0 49095699 14326128 13578977 13444162 13297384 98105 54744756 54744756 37929 60348 57426 73192 28 228923 37929 60348 57426 73192 28 228923 14364057 13639325 13501588 13370576 98133 54973679 0.99584 0.996 0.00416 0.004 X Slovak American Charitable Association sold its operations and assets of the skilled nursing facility and independent/assisted living on November 1, 2022. 2022-11-01 5846271 Broker bid to open market for sale of assets 883339668 Cedar Hills Health & Rehab 150 Airport Road Suite 900 Lakewood NJ 08701 0 0 0 0 Form 990, Header, Line B Financial Statements were amended for intercompany funding Form 990, Part III, Line 3 Operations of skilled nursing facility and independent/assisted living were sold during the year. Slovak American Charitable Association is currently winding down operations of skilled nursing facility and independent/assisted living but continues as a charitable organization. Form 990, Part VI, Section A, Line 2 The President of the Board and a Director have a husband/wife relationship. Form 990, Part VI, Section A, Line 5 The Board of Directors approved the sale of the operations and its assets. Form 990, Part VI, Section A, Line 6 Slovak American Charitable Association shall have two classes of members: organizational members and individual members. Members have the right to elect the directors and committee members at the annual Board Meeting and to approve board decision. Form 990, Part VI, Section A, Line 7a Directors elect the officers and management committee members after the annual Board Meeting. Form 990, Part VI, Section A, Line 7b Directors report to the members at the Annual Memebers Meeting. Reports are reviewed, discussed and approved if agreed upon. Form 990, Part VI, Section B, Line 11b The annual Form 990 is handed to the Directors/Members and reviewed at the quarterly meeting following completion of the return. Form 990, Part VI, Section B, Line 12c The Management Committee meets monthly and reports to directors quarterly. Form 990, Part VI, Section B, Line 15 The annual compensation review includes documentation of peer level compensation information and analysis of peer review performance using comparison data from the LeadingAge Salary book received every year. The Executive Director's compensation is reviewed by the management committee after related officers are excused. Employee compensation is based on merit and cost of living increases. The compensation review and approval process is contemporaneously documented and kept in the employee file. Form 990, Part VI, Section C, Line 19 In accordance with section 6104, the organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.