Club Madeirense Ss Sacremento Inc

Organization Overview

Club Madeirense Ss Sacremento Inc is located in New Bedford, MA. The organization was established in 1984. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Club Madeirense Ss Sacremento 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 12/2023, Club Madeirense Ss Sacremento Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 3.8% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION WAS FORMED TO PERPETUATE THE ANNUAL CELEBRATION OF THE FEAST OF THE BLESSED SACRAMENT AND TO PROPAGATE THE RELIGIOUS, SOCIAL AND CULTURAL LIFE OF THE MADEIRAN COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FEAST OF THE BLESSED SACRAMENT AND THE NIGHT OF ST JOHN ARE CELEBRATIONS OF RELIGIOUS AND CULTURAL EVENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Lawrence Jacques
Director
$0
James M Vieira
Treasurer
$0
Michael R Canasta
Director
$0
Stephen Paiva
2nd Assistant Treasurer
$0
Steven Peixoto
Director
$0
James Carvalho
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,465
Fundraising events$0
Related organizations$0
Government grants $126,755
All other contributions, gifts, grants, and similar amounts not included above$150,104
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$278,324
Total Program Service Revenue$1,418,032
Investment income $3,892
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $10,578
Net Gain/Loss on Asset Sales $350
Net Income from Fundraising Events $41,195
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,752,371

Grants Awarded

Over the last fiscal year, Club Madeirense Ss Sacremento Inc has awarded $46,500 in support to 2 organizations.

Grant RecipientAmount

CLUB MADEIRENSE CHARITABLE FOUNDATION INC

PURPOSE: CONTRIBUTIONS ARE MADE TO ASSIST THE ORGANIZATION'S EDUCATIONAL ASSISTANCE PROGRAM AND CHARITABLE GIVING PROGRAM.

$46,500
View Grant Profile

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