Circolo Umberto Ii Di Savoia Incorporated
- Assets
- $248.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Haven, CT
- Founding
- 06/1997
- Data as of
- 12/2022
- EIN
- 06-1426020
Organization Overview
Circolo Umberto Ii Di Savoia Incorporated is located in New Haven, CT. The organization was established in 1997. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Circolo Umberto Ii Di Savoia Incorporated 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, Circolo Umberto Ii Di Savoia Incorporated generated $53.9k 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 (7.8%) each year. All expenses for the organization totaled $62.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.6%) 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
2022
Describe the Organization's Program Activity:
Part 3
SOCIAL EVENTS FOR MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gaetano Bimonte President | 6 | $600 | |
Louis Rizzuto Vice President | 1 | $600 | |
Joseph Caccone Secretary | 4 | $0 | |
James Oca Treasurer | 10 | $0 | |
Frank Pisano Director | 3 | $600 | |
Michael Massimino Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $229 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,000 |
| Investment income | $46 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,884 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,600 |
| Professional fees and other payments to independent contractors | $2,250 |
| Occupancy, rent, utilities, and maintenance | $22,336 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,610 |
| Total expenses | $62,796 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $248,116 |
| Other assets | $0 |
| Total assets | $248,116 |
| Total liabilities | $0 |
| Net assets or fund balances | $248,116 |