Sons Of Italy In America
- Assets
- $419.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waltham, MA
- Founding
- 06/1941
- Data as of
- 09/2022
- EIN
- 04-2884648
Organization Overview
Sons Of Italy In America is located in Waltham, MA. The organization was established in 1941. According to its NTEE Classification (Y41) the organization is classified as: Fraternal Beneficiary Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Sons Of Italy In America is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 09/2022, Sons Of Italy In America generated $99.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $62.9k during the year ending 09/2022. While expenses have increased by 1.2% 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 Program Activity:
Part 3
PROMOTE THE ITALIAN-AMERICAN HERITAGE IN THE US.
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 |
|---|---|---|---|
Kevin P Reynolds Treasurer | 5 | $0 | |
Thomas J Magno Jr President | 5 | $0 | |
Peter Piantedosi Orator | 5 | $0 | |
Gary Parrelia Clerk | 5 | $0 | |
David H Marcou Jr Immediate Past President | 5 | $0 | |
Bernard Mcdonald Financial Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $8,620 |
| Investment income | $3,620 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $45,200 |
| Total Revenue | $99,164 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $3,640 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $700 |
| Occupancy, rent, utilities, and maintenance | $50,114 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,408 |
| Total expenses | $62,862 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $333,177 |
| Other assets | $0 |
| Total assets | $419,287 |
| Total liabilities | $0 |
| Net assets or fund balances | $419,287 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maimonides Benevolent Society Elmont, NY | $7,239,416 | $897,954 |
Fraternal Order Of Police Empire State Lodge Inc Hicksville, NY | $1,248,949 | $630,777 |
Independent Order Of Odd Fellows Abington, MA | $15,887,983 | $766,901 |
Fraternal Order Of Police Norton, MA | $117,728 | $633,890 |
Fraternal Order Of Police Providence, RI | $778,192 | $546,357 |
Knights Of Columbus Middle Village, NY | $170,307 | $586,121 |
Knights Of Columbus Salem, NH | $880,342 | $590,038 |
Knights Of Columbus Norwood, MA | $331,398 | $310,051 |
Sons Of Italy Of America Belmont, MA | $118,522 | $241,238 |
Sons Of Italy In America Blauvelt, NY | $315,136 | $206,376 |
Sons Of Italy In America Bellmore, NY | $360,509 | $253,483 |
Knights Of Columbus Cheektowaga, NY | $1,345,660 | $310,203 |