Italian American Civic Association Inc

Organization Overview

Italian American Civic Association Inc is located in Watertown, NY. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Italian American Civic Association Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Italian American Civic Association Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2022, Italian American Civic Association Inc generated $143.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 20.3% each year . All expenses for the organization totaled $124.5k during the year ending 12/2022. While expenses have increased by 8.7% per year over the past 3 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE ITALIAN AMERICAN VALUES AND TRADITION IN THE COMMUNITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE ITALIAN AMERICAN TRADITIONS AND VALUES ON THE COMMUNITY


TO PROMOTE ITALIAN AMERICAN TRADITIONS AND VALUES ON THE COMMUNITY


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Board, Officers & Key Employees

Name (title)Compensation
Edward Doldo
Director
$0
John Morgia
Director
$0
Benjamin Shoen
Officer
$0
Richard Warner
Director
$0
John Alteri
Director
$0
Colin Burns
Officer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$15,080
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,216
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$21,296
Total Program Service Revenue$0
Investment income $1,883
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $5,586
Net Income from Gaming Activities $385
Net Income from Sales of Inventory $113,291
Miscellaneous Revenue$0
Total Revenue $143,146

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