Sons Of Italy In America
- Assets
- $27.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Key Largo, FL
- Founding
- 06/1941
- EIN
- 26-2952495
Organization Overview
Sons Of Italy In America is located in Key Largo, FL. The organization was established in 1941. According to its NTEE Classification (S82) the organization is classified as: Mens Service Clubs, under the broad grouping of Community Improvement & Capacity Building 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 undefined, Sons Of Italy In America generated $42.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $41.3k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 6 years. 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
Describe the Organization's Program Activity:
Part 3
CONTRIBUTE TO LOCAL, CHARITABLE ORGANIZATIONS AND PROVIDE SCHOLARSHIPS TO QUALIFYING INDIVIDUALS, PROMOTE ITALIAN-AMERICAN HERITAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Bianchini President | 7 | $0 | |
Lance Bottari Treasurer | 7 | $0 | |
Ted Desposito Vice President | 2 | $0 | |
Karen Gallo Recording Sec | 1 | $0 | |
Dennis Caltagirone Financial Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,150 |
| Total Program Service Revenue | $36,792 |
| Membership dues | $4,725 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $42,674 |
| Statement of Expenses | |
|---|---|
| Total expenses | $41,291 |
| Balance Sheet | |
|---|---|
| Total assets | $27,854 |
| Total liabilities | $404 |
| Net assets or fund balances | $27,450 |