Sons Of Italy New Jersey Foundation Inc
- Assets
- $321.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cherry Hill, NJ
- Founding
- 10/1991
- Data as of
- 12/2022
- EIN
- 22-3062402
Organization Overview
Sons Of Italy New Jersey Foundation Inc is located in Cherry Hill, NJ. The organization was established in 1991. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sons Of Italy New Jersey Foundation Inc 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 12/2022, Sons Of Italy New Jersey Foundation Inc generated $23.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $37.0k 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
SCHOLARSHIP AWARDS - $11,500; ALZHEIMER'S - $5,000; ARTHRITIS - $5,000; COOLEY'S ANEMIA - $7,500.00; OTHER DONATIONS - $1,500
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Daloisio Chairman | 1 | $0 | |
Stephen Camiscioli Committee Member | 1 | $0 | |
Diane Santoro President | 1 | $0 | |
Anthony Cipriano Committee Member | 1 | $0 | |
Albert Olizi Orator | 1 | $0 | |
Nick Burzichelli Committee Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,945 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,658 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,815 |
| Other Revenue | $5 |
| Total Revenue | $23,423 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $891 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,592 |
| Total expenses | $36,983 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $321,534 |
| Other assets | $0 |
| Total assets | $321,534 |
| Total liabilities | $0 |
| Net assets or fund balances | $321,534 |