Italian Educational & Cultural Ctr
- Assets
- $381.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jersey City, NJ
- Founding
- 07/1985
- Data as of
- 12/2023
- EIN
- 22-2384498
Organization Overview
Italian Educational & Cultural Ctr is located in Jersey City, NJ. The organization was established in 1985. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Italian Educational & Cultural Ctr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Italian Educational & Cultural Ctr generated $79.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $68.7k during the year ending 12/2023. While expenses have increased by 1.9% per year over the past 9 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Louis Iozzi President | 5 | $0 | |
Madeleine Giansanti Vice President | 2 | $0 | |
Lisa Collodoro Executive Director | 15 | $23,500 | |
Daniel Apruzzese Treasurer | 2 | $0 | |
Dolores Stapinski Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,070 |
| Total Program Service Revenue | $30,636 |
| Membership dues | $9,675 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,587 |
| Other Revenue | $0 |
| Total Revenue | $78,968 |
| 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 | $30,322 |
| Occupancy, rent, utilities, and maintenance | $23,940 |
| Printing, publications, postage, and shipping | $638 |
| Other expenses | $13,847 |
| Total expenses | $68,747 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,957 |
| Other assets | $0 |
| Total assets | $381,751 |
| Total liabilities | $0 |
| Net assets or fund balances | $381,751 |