Italian-American Club Inc
- Assets
- $141.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- 08/1975
- Data as of
- 12/2022
- EIN
- 59-1592387
Organization Overview
Italian-American Club Inc is located in Jacksonville, FL. The organization was established in 1975. 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 Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Italian-American Club Inc generated $83.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $76.2k during the year ending 12/2022. While expenses have increased by 3.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
SOCIAL CLUB DEDICATED TO PROMOTING ITALIAN CULTURE
Describe the Organization's Program Activity:
Part 3
PRESENTED ITALIAN CUISINE, DESSERTS, BEVERAGES, SPECIAL DINNERS AND ENTERTAINMENT AT 1 ITALIAN FESTIVAL AND DURING FEDERAL, STATE, AND ITALIAN CULTURE DAYS
PRESENTED ITALIAN CUISINE, DESSERTS, BEVERAGES, SPECIAL DINNERS AND ENTERTAINMENT AT 1 ITALIAN FESTIVALS AND DURING FEDERAL, STATE, AND ITALIAN CULTURE DAYS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melanie Matrascia President | 0 | $0 | |
Michael Matrascia Treasurer | 0 | $0 | |
Sal Santapola Asst Treasur | 0 | $0 | |
Tom Cody Pastor | 0 | $0 | |
Anne Stepp Board Direct | 0 | $0 | |
Alfred Zammataro Board Direct | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,982 |
| Total Program Service Revenue | $29,234 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $83,230 |
| 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 | $2,400 |
| Occupancy, rent, utilities, and maintenance | $7,457 |
| Printing, publications, postage, and shipping | $70 |
| Other expenses | $66,276 |
| Total expenses | $76,203 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,979 |
| Other assets | $0 |
| Total assets | $141,425 |
| Total liabilities | $291 |
| Net assets or fund balances | $141,134 |