Sons Of Italy In America
- Assets
- $158.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Paulsboro, NJ
- Founding
- 07/1952
- Data as of
- 12/2022
- EIN
- 22-2688444
Organization Overview
Sons Of Italy In America is located in Paulsboro, NJ. The organization was established in 1952. According to its NTEE Classification (Y41) the organization is classified as: Fraternal Beneficiary Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Sons Of Italy In America is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 12/2022, Sons Of Italy In America generated $55.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $54.8k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Robostello Pres | 10 | $0 | |
Albert Dipietro VP | 10 | $0 | |
Diego Chila Treasurer | 10 | $0 | |
Gary W Gill Fin. Secy. | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,685 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $21 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $28,237 |
| Other Revenue | $0 |
| Total Revenue | $55,794 |
| 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 | $1,050 |
| Occupancy, rent, utilities, and maintenance | $26,890 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,831 |
| Total expenses | $54,771 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,916 |
| Other assets | $0 |
| Total assets | $157,990 |
| Total liabilities | $499 |
| Net assets or fund balances | $157,491 |