Order Sons Of Italy In America New York Grand Lodge Foundation
- Assets
- $3.0m
- Revenue
- $346.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Bellmore, NY
- Founding
- 06/1941
- Data as of
- 03/2022
- EIN
- 11-2630214
Organization Overview
Order Sons Of Italy In America New York Grand Lodge Foundation is located in Bellmore, 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 an independent organization and not affiliated with a larger national or regional group of organizations. Order Sons Of Italy In America New York Grand Lodge Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Order Sons Of Italy In America New York Grand Lodge Foundation generated $346.3k 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 (6.7%) each year. All expenses for the organization totaled $487.1k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Order Sons Of Italy In America New York Grand Lodge Foundation has awarded 104 individual grants totaling $1,832,043. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DONATIONS TO CHARITIES, SUPPORT THE COMMISSION FOR SOCIAL JUSTICE, AND PROVIDE SCHOLARSHIPS
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS TO CHARITIES
STATE WIDE SCHOLARSHIPS
COMMISSIONS FOR SOCIAL JUSTICE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John A Fratta Orator | OfficerTrustee | 5 | $0 |
Fortunato Naccarato President | OfficerTrustee | 10 | $0 |
James Spatafora Treasurer | OfficerTrustee | 5 | $0 |
Biagio Isgro 2nd VP | OfficerTrustee | 10 | $0 |
Luigi Squillante Fincncial Secretary | OfficerTrustee | 5 | $0 |
Michele Ment 1st VP | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,859 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,859 |
| Total Program Service Revenue | $1,340 |
| Investment income | $78,688 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $146,925 |
| Net Income from Fundraising Events | $12,498 |
| Net Income from Gaming Activities | $57,708 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $346,308 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $191,200 |
| Grants and other assistance to domestic individuals. | $100,424 |
| 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 | $109 |
| Fees for services: Accounting | $4,012 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $34,426 |
| Fees for services: Other | $3,840 |
| Advertising and promotion | $18,201 |
| Office expenses | $14,210 |
| Information technology | $5,556 |
| Royalties | $0 |
| Occupancy | $74,978 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,067 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,448 |
| All other expenses | $9,185 |
| Total functional expenses | $487,061 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,416 |
| Savings and temporary cash investments | $239,736 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,627,079 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,000 |
| Total assets | $2,976,231 |
| 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 | $2,976,231 |
| Net assets with donor restrictions | $0 |
| 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 | $2,976,231 |
Grants Awarded
Over the last fiscal year, Order Sons Of Italy In America New York Grand Lodge Foundation has awarded $191,200 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC | | $55,000 |
New York, NY | | $40,000 |
New York, NY | | $25,000 |
Staten Island, NY | | $24,500 |
VARIOUS | | | $12,300 |
New York, NY | | $10,900 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Order Sons Of Italy In America New York Grand Lodge Foundation has recieved totaling $22.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John Paul Ii Shrine And Institute Inc New Haven, CT | $57,870,594 | $10,309,041 |
Knights Of Columbus Charities Inc New Haven, CT | $20,490,927 | $11,276,250 |
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 |
Benevolent & Protective Order Of Elks Of The Usa Bridgewater, NJ | $2,559,461 | $1,033,749 |
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 |
Artists Fellowship Inc New York, NY | $4,720,733 | $680,689 |
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 |
International Association Of Lions Clubs North Syracuse, NY | $234,428 | $303,226 |