2022-05-12T16:47:00-05:00 2021-06-30 363321958 Desmond & Ahern Ltd 10827 S Western Avenue Chicago IL 60643 990 2021-01-01 364126296 Ukrainian Catholic Education Foundation UKRA 7732358462 2247 W Chicago Avenue Chicago IL 60622 Taras Szmagala Chairman 7732358462 2022-05-12 1 Taras Szmagala 999009999 Jason L Gierhahn P02385275 7737794720 2022-05-12 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z X Ukrainian Catholic University Foundation Taras Szmagala 2247 W Chicago Avenue Chicago IL 60622 1845983 0 X WWW.UCEF.ORG X 1997 IL Support for educational, religious, and charitable programs concerning Ukrainian Catholics. 7 7 8 22 0 0 4999620 1274528 0 1200690 248416 4538 0 6204848 1522944 4089833 791287 0 615304 417556 0 188240 683368 143255 5388505 1352098 816343 170846 18668548 18368860 3491216 2113751 15177332 16255109 The Organization provides educational and financial support for the Catholic Church and its programs in Ukraine including institutional, information and education support and exchange, research and intellectual development, and teaching materials. 0 0 833853 791287 The Foundation's program services include:* Institutional Support - Helps educational and religious institutions in Ukraine to meet present needs and develop endowments for the future.* Information and Education - Promotes public awareness and distributes material about Ukrainian history, culture and spirituality, fostering a deeper knowledge in the United States ofthe Ukrainian Catholic Church.* Exchange Program - Provides opportunities both for Ukrainian students to study or intern in North America (Summer in America program) and for North American teachers and professors to volunteer in Ukraine.* Teaching Materials Program - Collects books and other educational resources in the United States to help rebuild libraries of Catholic institutions in Ukraine. 833853 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 0 0 IL X X Nelson Bosacoma 7734269881 2247 W Chicago Ave Chicago IL 60622 Taras Szmagala Chairman 10.00 X X 0 0 0 Andrew Lencyk Secretary 7.00 X X 0 0 0 Helen Kryshtalowycz Director 5.00 X 0 0 0 Natalia Klymovska Director 8.00 X 0 0 0 Dan Schmidt Director 2.00 X 0 0 0 Boris Lushniak Director 3.00 X 0 0 0 Anne Chermak Dillen Director 1.00 X 0 0 0 Joseph Solimini Chief Operating Officer 50.00 X 100043 0 14898 Nelson Bosacoma Chief Financial Officer 40.00 X 95050 0 21988 Alexander Kuzma Chief Developing Officer 40.00 X 0 0 21128 195093 0 58014 3 0 0 0 0 4993 1269535 1274528 89231 89231 482224 323039 159185 159185 159185 0 4993 0 0 1522944 0 0 248416 119489 119489 671798 671798 190253 17123 110347 62783 165597 14904 96046 54647 38785 3491 22495 12799 22921 2063 13294 7564 2560 2560 15620 15620 13475 13475 969 969 59355 507 26352 32496 9881 889 5731 3261 16153 1454 9368 5331 8802 100 1307 7395 5953 536 3453 1964 4600 4600 Commissions & fees 4092 4092 Dues & subscriptions 1795 1499 296 1352098 833853 330005 188240 241 241 5175319 4469334 1095887 111440 929 929 9341 4634 84090 76431 11150 7659 12300777 13697681 74904 76942 18668548 18368860 2736309 1548599 754907 565152 3491216 2113751 X 14278821 15344902 898511 910207 15177332 16255109 18668548 18368860 X 170846 904893 2038 X X 0 1 X 1 0 X 5946062 3871716 4995879 6637047 1274528 22725232 5946062 3871716 4995879 6637047 1274528 22725232 8003542 14721690 394562 417254 408728 341374 89231 1651149 24376381 268161 0.60390 0.54860 X This filing is a short year 01/01/21-06/30/21, change in acc This 990 is a short year filing for 01/01/21-06/30/21 due to the organization changing its accounting period from 12/31 to 6/30. The organization filed the 12/31/20 990 in a timely manner and is now changing its accounting period to 6/30 with the first 6/30 filing ending 6/30/21. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5110954 559508 1060611 501413 6229660 4224342 1060628 887016 1061032 5110954 7989792 1117374 1384809 6267633 4224342 9020287 1261471 -368978 1922988 7989792 8226334 1592044 1134445 1932536 9020287 0.10100 0.89900 0 0 70084 62425 7659 14006 14006 0 7659 X 2416400 904893 2038 906931 1509469 13475 13475 1522944 1338623 0 1338623 13475 13475 1352098 Part V, Line 4: Endowment Fund-to be used to educate the youth of Ukraine and purchase books, journals and supplies for the Ukrainian Catholic University. Part X, Line 2: FIN 48 note from Audited Financial Statements Ukrainian Catholic Education Foundation was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(3). The Foundation qualifies for the charitable contribution deduction under Section 170(b)(1)(A)(vi) and has been classified as an organization that is not a private foundation under Section 509(a)(1). The tax exempt purpose of the Foundation and the nature in which it operates is described above. Management believes the Foundation continues to operate in compliance with its tax-exempt purpose. Thus, no provision for income tax has been provided for in the financial statements. The Foundation's Form 990s, Return of Organization Exempt from Income Tax, are subject to examination by the IRS, generally for three years after they have been filed. The Foundation has adopted the requirements for accounting for uncertain tax positions and management has determined that the Foundation was not required to record a liability related to uncertain tax positions as of June 30, 2021. Part XI, Line 2d - Other Adjustments: Change in Present Value of Unitrust 2,038. 0 Russia & the Newly Independent States-Ukraine 0 0 Grants to recipient organizations located in the region Support Ukrainian Catholic institutions 671798 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Grants to recipient organizations located in the region Support Catholic institutions 0 0 0 0 0 0 671798 0 671798 Russia & the Newly Independent States-Ukraine Educational, religious, and Institute support. 311656 Russia & the Newly Independent States-Ukraine Education, institutional and religious support. 360142 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium Educational, religious, and Institute support. Russia and Neighboring States - Armenia, Azerbijan, Belarus, Educational, religious, and Institute support. Russia and Neighboring States - Armenia, Azerbijan, Belarus, Educational, religious, and Institute support. 0 0 0 0 0 0 Part I, Line 2: UCEF closely reviews the proposals and reports of all recipients, and conducts site checkups of all major grantees. Major grantee organizations also send representatives to the US to report directly to the Foundation and its supporters. Part I, line 3: All grants are approved by the Board of Directors, documented in the board minutes and recorded in the accounting records. Part III Accounting Method: 1 Ukrainian Catholic Archdiocese of Philadelphia 501(c)(3) 60000 Enthronement Fund Natalia Klymovska Natalia Klymovska is a member of UCEF's Board of Directors 6200000 Natalia Klymovska is the Director of Development for Ukrainian Catholic University. On June 1, 2019, the Foundation entered into a guarantor agreement with the Overseas Private Investment Corporation (OPIC), to which it will act as the primary guarantor for an estimated $6,200,000 construction loan for a collegium at the Ukrainian Catholic University. The guaranty is expected to last for a term of 12 years, and requires the Foundation to pledge 111% of the outstanding loan amount as collateral. 0 Form 990, Part VI, Section B, line 11b The 990 was reviewed by the Audit Committee prior to filing. Form 990, Part VI, Section B, line 15a The Board of Directors determined and approved compensation for the President and Executive Director positions based upon comparison with similar organizations. Form 990, Part VI, Section C, line 19 The organization prints a summary of its financial results in its annual report, which is posted on the organization's website and mailed to its donors each year. The financial statements along with the governing documents are also available upon request. Form 990, Part XI, line 9: Change in Present Value of Unitrust 2,038. Form 990, Part XII, line 2c: The process has not changed from the prior year.