Italian American Citizens Club
- Assets
- $322.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, MA
- Founding
- Data as of
- 12/2023
- EIN
- 04-1474618
Organization Overview
Italian American Citizens Club is located in Springfield, MA.
For the year ending 12/2023, Italian American Citizens Club generated $92.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 34.0% each year . All expenses for the organization totaled $84.8k during the year ending 12/2023. While expenses have increased by 10.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HOLDS SOCIAL EVENTS TO PROVIDE MEMBERS A VENUE TO SOCIALIZE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Terzi President | 15 | $0 | |
Clark Bertera Vice President | 10 | $0 | |
Robert Decarlo Treasurer | 20 | $0 | |
Joe Potito Secretary | 10 | $0 | |
Jim Corigliano Fianancial Secretary | 10 | $0 | |
Kevin Garvey Trustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,115 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,895 |
| Other Revenue | $1,886 |
| Total Revenue | $92,225 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $26,888 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $57,920 |
| Total expenses | $84,808 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,492 |
| Other assets | $0 |
| Total assets | $322,843 |
| Total liabilities | $35,005 |
| Net assets or fund balances | $287,838 |