Abruzzese Social Club Inc is located in Binghamton, NY. The organization was established in 1993. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abruzzese Social Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Abruzzese Social Club Inc generated $17.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $23.0k during the year ending 12/2023. 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
PRESERVATION AND PROMOTION OF ETHNIC HERITAGE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Mattia President | 0 | $0 | |
Umberto Cipolla Trustee | 0 | $0 | |
Antonio Ricci Financial Sec. | 0 | $0 | |
Antonio Marcello Oratore | 0 | $0 | |
Adriano Giammarino Corr Secretary | 0 | $0 | |
Mike Dellapenna Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,925 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $27 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,928 |
| Other Revenue | $0 |
| Total Revenue | $17,010 |
| 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 | $338 |
| Occupancy, rent, utilities, and maintenance | $12,392 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,238 |
| Total expenses | $22,968 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $108,332 |
| Other assets | $0 |
| Total assets | $116,969 |
| Total liabilities | $0 |
| Net assets or fund balances | $116,969 |