2025-11-17T14:06:53-06:00 2024-12-31 251031723 H2R CPA 875 GREENTREE RD BLDG 7 STE 1000 PITTSBURGH PA 15220 990 2024-01-01 340220540 FIRST CATHOLIC SLOVAK LADIES ASSOCIATION OF THE UNITED STATES OF AMERICA FIRS 2164648015 24950 CHAGRIN BOULEVARD CLEVELAND OH 441225634 MICHAEL J AGAN CEO 2164648015 2025-09-23 1 1 LEO A HANNAH P00950147 4123912920 2025-09-23 2024 2025-03-06 01:10:19Z MICHAEL J AGAN 24950 CHAGRIN BLVD BEACHWOOD OH 44122 140502084 0 X WWW.FCSLA.ORG X 1899 OH TO PROVIDE FRATERNAL AND OTHER BENEFITS TO MEMBERS. 10 0 45 0 3601 0 0 0 21599207 20549159 50086904 50377663 17969 25337 71704080 70952159 418818 362000 83242030 87765564 4348374 4376243 0 0 0 -15333608 -21026863 72675614 71476944 -971534 -524785 1103676515 1079616886 994980568 970899826 108695947 108717060 X 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. 0 0 LIFE INSURANCE ACTIVITIES AND BENEFITS (128,173 CERTIFICATES IN FORCE: $1,076,037,000 AMOUNT OF INSURANCE IN FORCE). 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12419 0 1 45 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 10 0 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X FRANK RANDO (CONTROLLER) 2164648017 24950 CHAGRIN BOULEVARD BEACHWOOD OH 441225634 CYNTHIA MARIA MALESKI NATIONAL,PRESIDENT/CEO 50.00 X X 345805 0 35720 MSGR PETER M POLANDO NATIONAL CHAPLAIN 10.00 X 23890 0 0 BARBARA A SEKERAK NATIONAL AUDITOR 10.00 X 24353 0 0 JOANN SKVAREK BANVICH NTL DIRECTOR-PASSED AWAY IN AUG '24 10.00 X 15221 0 0 DENNIS L POVONDRA NATIONAL AUDITOR 10.00 X 24353 0 0 JEANETTE E PALANCA NATIONAL DIRECTOR 10.00 X 22850 0 0 FRANK RANDO INTERIM NATIONAL TREASURER 40.00 X 172428 0 25500 KRISTINA MENKE AS OF 1124 NATIONAL DIRECTOR 10.00 X 22473 0 0 LORRAINE GIBAS AS OF 1124 NATIONAL TRUSTEE 10.00 X 24353 0 0 MARY B ANDREANO AS OF 1124 NATIONAL AUDITOR 10.00 X 24353 0 0 JOSEPH SENKO AS OF 1124 NATIONAL TRUSTEE 10.00 X 24353 0 0 KRISTINE MIDCAP AS OF 1124 NATIONAL DIRECTOR 10.00 X 22400 0 0 KIMBERLY GRAHAM NATIONAL SECRETARY 40.00 X 197481 0 25910 JAMES DEAK PROGRAMMER/ANALYST 40.00 X 120567 0 22424 PAULA DALPIAZ INSURANCE/IT MGR 40.00 X 119345 0 23134 PAUL S SMITHERS NATIONAL SALES MANAGER 40.00 X 168424 0 26223 KAREN MCHUGH HEAD OF HUMAN RESOURCES 40.00 X 109202 0 21694 JOHN GONSIOREK REGIONAL SALES MANAGER 40.00 X 111943 0 21495 DOROTHY L URBANOWICZ FORMER NATIONAL AUDITOR/RECOMMENDER 10.00 X 19146 0 0 1592940 0 202100 8 1 1 0 WELLINGTON MANAGEMENT COMPANY 100 FEDERAL STREET BOSTON MA 02210 ASSET MANAGER SERVICES 681174 TRIANGLE PRESS 6720 ALLENTOWN BLVD HARRISBURG PA 17112 PRINTING AND PUBLISHING 417783 THE BREWER-GARRETT COMPANY PO BOX 72324 CLEVELAND OH 44192 BUILDING FACILITY MANAGEMENT 245052 IT VOICE PO BOX 4349 COLUMBUS OH 41260 COMPUTER SUPPORT SERVICES 235663 ALLEN BAILEY & ASSOCIATES 10109 LAKE CREEK PKWY SUITE 170220 AUSTIN TX 78717 ACTUARIAL SERVICES 191670 9 FRATERNAL INSURANCE PREMIUMS 524113 21101893 21101893 AMORTIZATION OF IMR 524113 -552734 -552734 20549159 51120219 51120219 68798495 69541051 -742556 -742556 -742556 12475 8874 3601 3601 MISCELLANEOUS 900099 21736 21736 21736 70952159 70948558 3601 0 X 152000 210000 87765564 1031443 2437773 55413 611831 239783 159443 230549 1140389 401303 211725 85835 271708 78078 265524 429227 71898 PRINTING AND PUBLICATIO 816172 COMMISSIONS ON PREMIUMS 784859 BRANCH MEMBERSHIP 709841 DATA PROCESSING 478758 -27162172 71476944 32360 32910 26389361 20104872 244672 0 9521422 5240913 4585914 4280509 1035437703 1022237438 1729677 1667415 35256828 31293742 1103676515 1079616886 1249365 1509991 993731203 969389835 994980568 970899826 X 0 0 0 0 108695947 108717060 108695947 108717060 1103676515 1079616886 X -524785 5660 540238 X X 0 1 X 1 0 20100 20100 7174068 3124675 4049393 2327254 2116238 211016 4280509 AGGREGATE LIFE CERTIFICATES & CONTRACTS RESERVE 924870880 CERTIFICATE AND CONTRACT CLAIMS - LIFE 3168417 PROVISIONS FOR REFUNDS PAYABLE 1400000 PREMIUMS AND ANNUITY ADVANCES RECEIVED 367718 DEVELOPMENT FUND - NEW BRANCHES 80696 ACCRUED COMMISSIONS TO FIELD WORKERS 1106 ASSET VALUATION RESERVE 11995821 ACCRUED BENEFITS TO DIRECTORS 347476 ANNA HURBAN AND OTHER SCHOLARSHIP FUNDS 284935 DEPOSIT-TYPE CONTRACTS 26004898 UNPAID BENEFICIARY TRUST 17137 ACCRUED BENEFITS TO EMPLOYEES 354146 OTHER LIABILITIES 501178 ACCRUED TAXES, LICENSES & FEES -4573 969389835 71390402 1578632 1578632 69811770 1140389 1140389 70952159 70345429 8874 8874 70336555 1140389 1140389 71476944 PART XI, LINE 2D - OTHER ADJUSTMENTS: COGS FOR COOKBOOK SALES NETTED AGAINST PROCEEDS ON 990 8,874. CHANGE IN INTEREST MAINTENANCE RESERVE 1,569,758. PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS FOR COOKBOOK SALES NETTED AGAINST PROCEEDS ON 990, PART VIII 8,874. RECONCILIATION WITH F/S 1 SCHOLARSHIPS PROVIDED TO QUALIFYING FRATERNAL MEMBERS. 175 210000 PART I, LINE 2: SCHOLARSHIP RECIPIENTS ARE REQUIRED TO PROVIDE PROOF OF ENROLLMENT AT AN ELIGIBLE EDUCATIONAL INSTITUTION. U.S. ORGANIZATIONS WHO RECEIVE GRANTS ARE REQUIRED TO PROVIDE DOCUMENTATION THAT FUNDS WERE USED FOR THE INTENDED PURPOSE WITH PICTURES OR OTHER EVIDENCE. ORGANIZATIONS WHO RECEIVED GRANTS OF $5,000 OR MORE ARE LISTED ON SCHEDULE I DURING THE CALENDAR YEAR IN WHICH THE GRANTS ARE ACTUALLY PAID. THESE SPECIAL GRANTS ARE TYPICALLY AWARDED QUADRENNIALLY. AN ESTIMATED AMOUNT IS ACCRUED ON AN MONTHLY BASIS OVER A FOUR YEAR PERIOD. THE AMOUNT ON FORM 990, PART IX, LINE 1 COLUMN A INCLUDES THE SPECIAL GRANT AMOUNTS THAT WERE ACCRUED DURING THE CURRENT YEAR $150,000), PLUS MISCELLANEOUS OTHER GRANTS PAID IN CASH ($2,000). SCHEDULE I, PART II LISTS THE CURRENT YEAR CASH BASIS AMOUNTS PAID TO EACH ORGANIZATION RECEIVING $5,000 OR MORE IF ANY. PART III SCHOLARSHIPS INCLUDE AMOUNTS ACTUALLY PAID DURING THE CURRENT YEAR. X X 0 0 0 CYNTHIA MARIA MALESKI NATIONAL,PRESIDENT/CEO 345805 0 0 0 0 0 20699 0 15021 0 381525 0 0 0 KIMBERLY GRAHAM NATIONAL SECRETARY 197481 0 0 0 0 0 10889 0 15021 0 223391 0 0 0 FRANK RANDO INTERIM NATIONAL TREASURER 172428 0 0 0 0 0 10479 0 15021 0 197928 0 0 0 PAUL S SMITHERS NATIONAL SALES MANAGER 168424 0 0 0 0 0 11202 0 15021 0 194647 0 0 0 DOROTHY L URBANOWICZ FORMER NATIONAL AUDITOR/RECOMMENDER 19146 0 0 0 0 0 0 0 0 0 19146 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP SHALL BE EXTENDED TO ANY PERSON IN ACCORDANCE WITH THE REQUIREMENTS AND LIMITATIONS SET FORTH IN THE CHARTER, THE BY-LAWS, AND THE ACTIONS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7A AT THE GENERAL CONVENTION, WHICH IS THE HIGHEST GOVERNING BODY OF THE ASSOCIATION, DELEGATES ELECT THE BOARD OF DIRECTORS. THE ELECTED BOARD OF DIRECTORS THEN OPERATES AS THE GOVERNING BODY BETWEEN CONVENTIONS. FORM 990, PART VI, SECTION A, LINE 7B AT THE GENERAL CONVENTION, WHICH IS THE HIGHEST GOVERNING BODY OF THE ASSOCIATION, DELEGATES ELECT THE BOARD OF DIRECTORS. THE ELECTED BOARD OF DIRECTORS THEN OPERATES AS THE GOVERNING BODY BETWEEN CONVENTIONS. THE BOARD OF DIRECTORS MUST SEEK APPROVAL FROM A GENERAL OR SPECIAL CONVENTION ONLY IF THEY WISH TO AMEND THE ASSOCIATION BY-LAWS, EXCEPT IN THE LIMITED CIRCUMSTANCES AS SET FORTH IN ARTICLE III A6. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE DISTRIBUTED TO BOARD MEMBERS PRIOR TO THE EXTENDED DUE DATE OF THE TAX RETURN. THE PARTNER OF THE ACCOUNTING FIRM WILL REVIEW THE FORM 990 AND ANSWER ANY QUESTIONS BOARD MEMBERS MAY HAVE. FORM 990, PART VI, SECTION B, LINE 12C EVERY DECEMBER, THE NATIONAL SECRETARY DISTRIBUTES CONFLICT OF INTEREST QUESTIONAIRES TO EVERY BOARD MEMBER, OFFICER AND KEY EMPLOYEE TO COMPLETE AND RETURN. FORM 990, PART VI, SECTION B, LINE 15 THE CONVENTION APPROVES THE COMPENSATION FOR THE ASSOCIATION'S ELECTED OFFICERS AS RECOMMENDED BY THE COMPENSATION COMMITTEE AS PER THE BY-LAWS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, FIRST CATHOLIC SLOVAK LADIES ASSOCIATION (FCSLA) WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION AT FSCLA'S OFFICE. FCSLA WILL ALSO MAKE ITS AUDITED FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION THROUGH THE NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS OR THE OHIO DEPARTMENT OF INSURANCE. FORM 990, PART IX, LINE 11G ACTUARIAL FEES 205,564. HUMAN RESOURCES FEES 195,739. FORM 990, PART IX, LINE 24E POSTAGE AND SHIPPING 191,614. COLLECTION & BANK CHARGES 149,999. TEMPORARY OFFICE HELP 129,703. MATCHING FUNDS TO BRANCHES 112,975. STATE INSURANCE LICENSING AND FEES 104,661. FRATERNAL ACTIVITIES 91,220. MEMBER AWARDS 69,375. TELEPHONE 66,990. SUNDRY GENERAL EXPENSES 66,701. BUREAU & ASSOCIATION DUES 43,825. MEDICAL EXAMS 42,278. EQUIPMENT RENTAL AND MAINTENANCE 35,824. GIFTS & FLOWERS 11,902. BOARD DEVELOPMENT 9,512. CHANGE IN AGGREGATE RESERVES -28,288,751. FORM 990, PART XI, LINE 9: CHANGE IN NONADMITTED ASSETS -205,958. CHANGE IN ASSET VALUATION RESERVE -822,445. REALIZED CAPITAL LOSSES TRANSFERRED TO IMR LIABILITY 1,569,758. OTHER -1,117. PART XII, LINE 2C FIRST CATHOLIC SLOVAK LADIES ASSOCIATION'S BOARD OF DIRECTORS CHARTERED AN AUDIT COMMITTEE, WITH SPECIFIC POWERS AND DUTIES RELATING TO FCSLA'S INDEPENDENT AUDIT PROGRAM AND INTERNAL CONTROL PROGRAM. THE COMMITTEE MEETS ON A REGULAR BASIS, AND PROVIDES ACTIVE OVERSIGHT TO FCSLA'S FINANCIAL AND COMPLIANCE ACTIVITIES. THE COMMITTEE IS DIRECTLY RESPONSIBLE FOR THE RECOMMENDATION TO THE FULL BOARD FOR THE APPOINTMENT AND DISMISSAL, EVALUATION, COMPENSATION, AND OVERSIGHT OF FCSLA'S INDEPENDENT ACCOUNTANT, WHICH IS IN CONFORMITY WITH THE ASSOCIATION BYLAWS.