Abruzzese Social Club Inc
- Assets
- $135.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Binghamton, NY
- Founding
- 08/1993
- Data as of
- 12/2021
- EIN
- 16-1217628
Organization Overview
Abruzzese Social Club Inc is located in Binghamton, NY. The organization was established in 1993. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Abruzzese Social Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Abruzzese Social Club Inc generated $7.4k 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 (15.0%) each year. All expenses for the organization totaled $16.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
PRESERVATION AND PROMOTION OF ETHNIC HERITAGE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Umberto Cipolla Trustee | 0 | $0 | |
Tony Mattia President | 0 | $0 | |
Antonio Marcello Oratore | 0 | $0 | |
Antonio Ricci Financial Sec. | 0 | $0 | |
Adriano Giammarino Corr Secretary | 0 | $0 | |
Mike Dellapenna Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,395 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $42 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $845 |
| Total Revenue | $7,402 |
| 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 | $12,588 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,037 |
| Total expenses | $16,625 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $125,260 |
| Other assets | $0 |
| Total assets | $134,967 |
| Total liabilities | $0 |
| Net assets or fund balances | $134,967 |
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