Riverwalk Italian Americans & Friends Club Inc
- Assets
- $10.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Palm Beach, FL
- Founding
- 01/2002
- Data as of
- 05/2024
- EIN
- 65-1011700
Organization Overview
Riverwalk Italian Americans & Friends Club Inc is located in West Palm Beach, FL. The organization was established in 2002. 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. Riverwalk Italian Americans & Friends Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 05/2024, Riverwalk Italian Americans & Friends Club Inc generated $30.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $31.9k during the year ending 05/2024. While expenses have increased by 7.5% per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HELD SEVEN DIFFERENT EVENTS DURING THE YEAR WHICH ALLOWED THE MEMBERS AND THE COMMUNITY TO GATHER TOGETHER AND EXPERIENCE AND CELEBRATE VARIOUS ITALIAN-AMERICAN TRADITIONS, CULTURE, MUSIC, LANGUAGE AND FOOD. EACH EVENT AVERAGED 70 ATTENDEES. THE ORGANIZATION ALSO, THROUGH ITS MANY EVENTS EXPOSED THE MEMBERSHIP TO OTHER CULTURES AND TRADITIONS CONTRIBUTING TO LIVING AS AMERICANS WITH TOLERANCE AND UNDERSTANDING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen Formichella President | 6 | $0 | |
Michael Castellano Treasurer | 2 | $0 | |
Irene Cicola Vice Preside | 1 | $0 | |
Lee Rienecker Vice Preside | 1 | $0 | |
Meg America Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $25,580 |
| Membership dues | $4,420 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $695 |
| Total Revenue | $30,695 |
| 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 | $31,947 |
| Total expenses | $31,947 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,205 |
| Other assets | $0 |
| Total assets | $10,205 |
| Total liabilities | $2,625 |
| Net assets or fund balances | $7,580 |