East Hanover Italian American Club Inc
- Assets
- $107.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Hanover, NJ
- Founding
- 07/1990
- Data as of
- 12/2021
- EIN
- 22-2567771
Organization Overview
East Hanover Italian American Club Inc is located in East Hanover, NJ. The organization was established in 1990. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East Hanover Italian American Club Inc 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 12/2021, East Hanover Italian American Club Inc generated $50.0k 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 (3.8%) each year. All expenses for the organization totaled $24.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Alvino Vice President | 10 | $0 | |
James Carrazza President | 10 | $0 | |
Michael Foti Secretary | 10 | $0 | |
Jeryl Zarra Sgt At Arms | 10 | $0 | |
Joseph Defillippes Trustee | 10 | $0 | |
Richard Tamburro Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $12,225 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $37,798 |
| Other Revenue | $0 |
| Total Revenue | $50,023 |
| 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 | $2,516 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $402 |
| Other expenses | $6,806 |
| Total expenses | $24,399 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,661 |
| Other assets | $0 |
| Total assets | $107,661 |
| Total liabilities | $0 |
| Net assets or fund balances | $107,661 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that East Hanover Italian American Club Inc has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Coccia Foundation Saddle Brook, NJ PURPOSE: DONATION | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Citizens And Scholars Princeton, NJ | $17,317,706 | $10,248,308 |
The Teagle Foundation Incorporated New York, NY | $172,379,349 | $12,655,674 |
Jackie Robinson Foundation Inc New York, NY | $30,161,175 | $8,662,334 |
Gilder Lehrman Institute Of American History New York, NY | $67,600,972 | $8,993,543 |
Siemens Foundation Iselin, NJ | $75,710,306 | $10,400,455 |
East Side Charter School Of Wilmington Inc Wilmington, DE | $9,042,787 | $7,810,738 |
Target Als Foundation Inc New York, NY | $26,527,264 | $6,977,665 |
Pursuit Transformation Company Inc Long Island City, NY | $13,294,970 | $6,856,404 |
Firemens Association Of The State New York Foundation Inc Albany, NY | $161,398,482 | $10,617,589 |
Morgan Stanley Foundation Inc New York, NY | $117,614,938 | $39,846,453 |
Brooklyn College Foundation Inc Brooklyn, NY | $101,301,645 | $6,939,639 |
The One Love Foundation In Honor Of Yeardley Love Inc Bronxville, NY | $10,162,225 | $8,418,764 |