Ciociaro Social Club Of Massachusetts Inc
- Assets
- $55.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newton, MA
- Founding
- 11/2001
- Data as of
- 12/2022
- EIN
- 04-3577728
Organization Overview
Ciociaro Social Club Of Massachusetts Inc is located in Newton, MA. The organization was established in 2001. 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. Ciociaro Social Club Of Massachusetts Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Ciociaro Social Club Of Massachusetts Inc generated $4.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.7%) each year. All expenses for the organization totaled $9.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE A SOCIAL CLUB FOR ALL PEOPLE OF ITALIAN DESCENT WHO ARE 21 YEARS OF AGE OR OLDER. TO PROVIDE ITALIAN CLASSES TO CHILDREN AND ADULTS. TO HELP GRANT EDUCATIONAL SCHOLARSHIPS FOR THE MEMBERS AND THE CHILDREN OF MEMBERS. TO ENGAGE IN PHILANTHROPIC ACTIVITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Costantino Degisi President | 1 | $0 | |
Lillia Viscomi Treasurer | 1 | $0 | |
Annamaria Degisi Secretary | 1 | $0 | |
Joseph Caruso Vice Preside | 1 | $0 | |
Vincent Farina Director | 1 | $0 | |
Ida Ivanovic Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $400 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,410 |
| Investment income | $177 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,481 |
| Other Revenue | $0 |
| Total Revenue | $4,468 |
| 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 | $795 |
| Occupancy, rent, utilities, and maintenance | $5,202 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,157 |
| Total expenses | $9,154 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,323 |
| Other assets | $0 |
| Total assets | $55,323 |
| Total liabilities | $0 |
| Net assets or fund balances | $55,323 |