Italo American Mutual Benefit Laborers is located in Scotch Plains, NJ.
For the year ending 12/2023, Italo American Mutual Benefit Laborers generated $197.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $152.3k during the year ending 12/2023. While expenses have increased by 5.7% per year over the past 7 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
GIVING BANK TO THE LOCAL COMMUNITY FOSTERING THE ITALIANHERITAGE AS A CREACTIVE FORCE FOR THE GOOD OF AMERICA
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Difrancesco President | 2 | $0 | |
Camillio Angelozzi Vice President | 1 | $0 | |
Joseph Difrancesco Treasurer | 3 | $0 | |
Anfonso Gialanella Financial Secretary | 3 | $0 | |
Konstantine Zoganas Board Secretary | 2 | $0 | |
Art Buschetti Sargent Of Arms | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $178,131 |
| Total Program Service Revenue | $0 |
| Membership dues | $13,016 |
| Investment income | $6,486 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $197,633 |
| 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 | $4,480 |
| Occupancy, rent, utilities, and maintenance | $83,975 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $63,858 |
| Total expenses | $152,313 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $385,780 |
| Other assets | $0 |
| Total assets | $498,982 |
| Total liabilities | $0 |
| Net assets or fund balances | $498,982 |