Italian American Club At The Ponds Inc
- Assets
- $907.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monroe Township, NJ
- Founding
- 04/2019
- Data as of
- 12/2022
- EIN
- 46-3427091
Organization Overview
Italian American Club At The Ponds Inc is located in Monroe Township, NJ. The organization was established in 2019. 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 Club At The Ponds Inc 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 Club At The Ponds Inc generated $19.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.3%) each year. All expenses for the organization totaled $20.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (20.8%) per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
MONTHLY MEETINGS WITH LIKE MINDED INDIVIDUALS TO CONTINUE ITALIAN CULTURE.SPONSORSHIP OF MONTHLY GROUP TRIPS. CONTRIBUTIONS TO LOCAL POLICE, FIRE, &EMP UNITS, TUNNELS TO TOWERS, ST JUDE HOSPITAL & MAKE A WISH FOUNDATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Capitani President | 5 | $0 | |
Eleanor Lafata Secretary | 5 | $0 | |
Marie Kentzel Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $17,649 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,255 |
| Other Revenue | $0 |
| Total Revenue | $19,904 |
| 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 | $602 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,134 |
| Total expenses | $20,736 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $907 |
| Other assets | $0 |
| Total assets | $907 |
| Total liabilities | $0 |
| Net assets or fund balances | $907 |
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