Greater Rockford Italian American Association
- Assets
- $145.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Loves Park, IL
- Founding
- 06/1982
- EIN
- 36-3128601
Organization Overview
Greater Rockford Italian American Association is located in Loves Park, IL. The organization was established in 1982. According to its NTEE Classification (N52) the organization is classified as: Fairs, 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. Greater Rockford Italian American Association 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 undefined, Greater Rockford Italian American Association generated $8.8k 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 (19.1%) each year. All expenses for the organization totaled $18.7k during the year ending undefined. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE ITALIAN CULTURE, SPONSOR SOCIAL EVENTS AND ACTIVITIES, AND PERFORM WORKS OF CHARITY AND PHILANTHROPY BENEFITING THE LOCAL ITALIAN-AMERICAN COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SCHOLARSHIPS TO STUDENTS OF GRADE SCHOOLS AND STUDENTS OF HIGH SCHOOL LEVELS. OVER THE LAST 42 YEARS, $755,000 TOWARDS SCHOLARSHIPS HAVE BEEN AWARDED TO 85 UNIVERSITY STUDENTS, 681 HIGH SCHOOL STUDENTS, AND 734 ELEMENTARY STUDENTS FROM THE ROCKFORD COMMUNITY.
EVENTS TO PROMOTE ITALIAN AMERICAN CULTURE INCLUDING NEWSLETTERS, SUPPORT OF VARIOUS LITURGICAL SERVICES, AND ROCKFORD ITALIAN HALL OF FAME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Maffioli Chair | OfficerTrustee | 1 | $0 |
Karen Cantele Co-Chair | OfficerTrustee | 1 | $0 |
Mike Doyle Secretary | OfficerTrustee | 1 | $0 |
Brianne Canova Treasurer | OfficerTrustee | 1 | $0 |
Carl Ambruoso Director | Trustee | 1 | $0 |
Paul Arco Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,779 |
| Other Revenue | $0 |
| Total Revenue | $8,779 |
| Statement of Expenses | |
|---|---|
| Total expenses | $18,674 |
| Balance Sheet | |
|---|---|
| Total assets | $145,027 |
| Total liabilities | $3,250 |
| Net assets or fund balances | $141,777 |
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Walworth County Agricultural Society Elkhorn, WI | $2,948,383 | $904,049 |
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Southeast Missouri District Fair Association Inc Cape Girardeau, MO | $2,015,257 | $841,297 |