Sons Of Italy In America is located in South Farmingdale, NY. The organization was established in 1941. According to its NTEE Classification (S82) the organization is classified as: Mens Service Clubs, under the broad grouping of Community Improvement & Capacity Building 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 12/2021, Sons Of Italy In America generated $60.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $37.0k during the year ending 12/2021. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FELLOWSHIP AMONG ITALIAN AMERICANS AND TO SUPPORT CHARITABLE ENDEAVORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FELLOWSHIP AMONG ITALIAN AMERICANS AND TO SUPPORT CHARITABLE ENDEAVORS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Wilson Arana Recording Se | Officer | $0 | |
Fred Bellise Imm Past Pre | Officer | $0 | |
Gary Caparco President | Officer | $0 | |
Paul Calissi Correspondin | Officer | $0 | |
Frank Franchi Second Vice | Officer | $0 | |
James Sanfillipo Jr Orator | Officer | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $15,386 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $15,386 |
Total Program Service Revenue | $0 |
Investment income | $29 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $45,328 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $60,743 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,624 |
Office expenses | $3,542 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,293 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $2,911 |
Total functional expenses | $37,019 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $61,508 |
Savings and temporary cash investments | $129,819 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $45,346 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $236,673 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $46,673 |
Net assets with donor restrictions | $190,000 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $236,673 |
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Free & Accepted Masons Of New Jersey Trenton, NJ | $61,139,061 | $7,263,751 |
Grand Chapter Of Pennsylvania Order Of The Eastern Star Inc Elizabethtown, PA | $1,833,616 | $1,345,024 |
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Benevolent & Protective Order Of Elks Of The Usa Winthrop, MA | $1,372,503 | $455,434 |
Benevolent & Protective Order Of Elks Of The Usa Haverstraw, NY | $2,638,775 | $627,715 |
Order Sons Of Italy In America New York Grand Lodge Foundation Bellmore, NY | $2,976,231 | $346,308 |
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Benevolent & Protective Order Of Elks Of The Usa Newton, MA | $662,799 | $289,475 |
Benevolent & Protective Order Of Elks Of The Usa Chicopee, MA | $348,595 | $382,135 |
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