Italian American Club of Somers Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Somers, NY
- Founding
- 10/2003
- Data as of
- 03/2020
- EIN
- 61-1429083
Organization Overview
Italian American Club of Somers Inc is located in Somers, NY. The organization was established in 2003. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. Italian American Club of Somers 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 03/2020, Italian American Club of Somers Inc generated $403.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (42.0%) each year. All expenses for the organization totaled $1.0k during the year ending 03/2020. As we would expect to see with falling revenues, expenses have declined by (36.1%) per year over the past 5 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
2020
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION IS COMPRISED OF INDIVIDUALS THAT HAVE AN ITALIAN ANCESTRY.OUR MONTHLY MEETING FEATURE AN INDIVIDUAL SUCH AS A PROFESSORTHAT DESCRIBES THERE FAMILY HISTORY AND THE BARRIERS THEY FACED IN THEIR BUSINESS JOURNEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donato Settanni Treasurer | 5 | $0 | |
Michael Fleury President | 3 | $0 | |
Diane Cascio Board Member | 3 | $0 | |
Dominick Robustelli Board Member | 3 | $0 | |
Frank Petruzzi Board Member | 3 | $0 | |
Meg Timone Board Member | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $125 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $278 |
| Total Revenue | $403 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,002 |
| Total expenses | $1,002 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
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