Italian American Community Ctr is located in Binghamton, NY. The organization was established in 2000. 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. Italian American Community Ctr is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2023, Italian American Community Ctr generated $74.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $59.0k during the year ending 06/2023. 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
SOCIAL AND RECREATIONAL
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark DE Novellis President | 10 | $0 | |
Emilio Delvelano V President | 10 | $0 | |
C Campon Secretary | 10 | $0 | |
Anthony Testani Treasurer | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,771 |
| Total Program Service Revenue | $1,740 |
| Membership dues | $1,675 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $232 |
| Total Revenue | $74,548 |
| 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 | $2,250 |
| Occupancy, rent, utilities, and maintenance | $44,553 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,218 |
| Total expenses | $59,021 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $171,075 |
| Other assets | $0 |
| Total assets | $257,299 |
| Total liabilities | $0 |
| Net assets or fund balances | $257,299 |