Sons Of Italy In America
- Assets
- $25.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lincoln, RI
- Founding
- 06/1941
- Data as of
- 09/2023
- EIN
- 05-0125100
Organization Overview
Sons Of Italy In America is located in Lincoln, RI. 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 09/2023, Sons Of Italy In America generated $16.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $15.0k during the year ending 09/2023. While expenses have increased by 4.4% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph P Calabro President | 0 | $0 | |
John Barone Vice Pres. | 0 | $0 | |
Cathy Horton Secretary | 0 | $0 | |
Jeffrey Cascione Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $13,155 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,919 |
| Other Revenue | $1,265 |
| Total Revenue | $16,339 |
| 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 | $6,731 |
| Total expenses | $15,048 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,363 |
| Other assets | $0 |
| Total assets | $25,418 |
| Total liabilities | $565 |
| Net assets or fund balances | $24,853 |