Societa Piemonte Reale is located in Sacramento, CA. The organization was established in 2017. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Societa Piemonte Reale 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 12/2023, Societa Piemonte Reale generated $26.5k 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 (19.7%) each year. All expenses for the organization totaled $20.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (23.5%) 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
2023
Describe the Organization's Program Activity:
Part 3
CHARITABLE DONATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andrew Defazio President | 2 | $0 | |
Johnny Waldron 1st Vice President | 0 | $0 | |
Paul Pane 2nd Vice President | 0 | $0 | |
Sam Fashano Secretary | 0 | $0 | |
Anthony Suine Treasurer | 1 | $0 | |
John Esola Prior President | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $11,370 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $7,074 |
Other Revenue | $8,051 |
Total Revenue | $26,495 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $5,000 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,327 |
Occupancy, rent, utilities, and maintenance | $4,050 |
Printing, publications, postage, and shipping | $196 |
Other expenses | $9,915 |
Total expenses | $20,488 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $63,834 |
Other assets | $0 |
Total assets | $63,834 |
Total liabilities | $0 |
Net assets or fund balances | $63,834 |