Italian-American Prog League Of So Plainfield
- Assets
- $270.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- South Plainfield, NJ
- Founding
- 07/2009
- Data as of
- 12/2022
- EIN
- 22-3402978
Organization Overview
Italian-American Prog League Of So Plainfield is located in South Plainfield, NJ. The organization was established in 2009. 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 Prog League Of So Plainfield is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Italian-American Prog League Of So Plainfield generated $185.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $208.3k 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 Mission:
Part 3 - Line 1
ITALIAN-AMERICAN SOCIAL CLUB
Describe the Organization's Program Activity:
Part 3
PROVIDE A SETTING WHICH PROMOTES CAMARADERIE AMONG ITALIAN-AMERICANS IN THE SOUTH PLAINFIELD, NJ AREA.
ENCOURAGE ACADEMIC ACHIEVEMENTS THROUGH SCHOLASTIC AWARDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Capparelli President | 10 | $0 | |
Frank Approvato Vice President | 10 | $0 | |
Lou Colicchio Treasurer | 10 | $0 | |
Ken Bethcle Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $133,370 |
| Membership dues | $10,529 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $37,722 |
| Other Revenue | $4,138 |
| Total Revenue | $185,771 |
| 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 | $4,100 |
| Occupancy, rent, utilities, and maintenance | $50,072 |
| Printing, publications, postage, and shipping | $182 |
| Other expenses | $153,989 |
| Total expenses | $208,343 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,374 |
| Other assets | $0 |
| Total assets | $270,573 |
| Total liabilities | $750 |
| Net assets or fund balances | $269,823 |