Sons Of Italy In America
- Assets
- $3.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wethersfield, CT
- Founding
- 12/1971
- Data as of
- 12/2023
- EIN
- 22-2691828
Organization Overview
Sons Of Italy In America is located in Wethersfield, CT. The organization was established in 1971. According to its NTEE Classification (Y41) the organization is classified as: Fraternal Beneficiary Societies, under the broad grouping of Mutual & Membership Benefit 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 12/2023, Sons Of Italy In America generated $6.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (17.2%) each year. All expenses for the organization totaled $7.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (16.7%) per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
ITS MISSION INCLUDE ENCOURAGING THE STUDY OF ITALIAN LANGUAGE, CULTURE AND HERITAGE IN AMERICA. DONATIONS MADE TO COOLEY'S ANEMIA, ALZHEIMER'S DISEASE, COACHES AGAINST CANCER, SCHOLARSHIP TO MEMBERS' CHILD OR GRANDCHILD ATTENDING COLLEGE. LOCAL DONATIONS INCLUDE TO HOUSE OF BREAD (HOMELESS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Tornatore President | 8 | $0 | |
Lisa Mangiafico Secretary | 2 | $0 | |
Joanne Miano Financial Secretary | 2 | $0 | |
Mario Torcia Treasurer | 3 | $0 | |
Sandra Fields Orator | 1 | $0 | |
Melissa Halat Mistress Of Ceremonies | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $448 |
| Total Program Service Revenue | $0 |
| Membership dues | $3,830 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,817 |
| Other Revenue | $0 |
| Total Revenue | $6,095 |
| 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 | $480 |
| Printing, publications, postage, and shipping | $470 |
| Other expenses | $1,920 |
| Total expenses | $6,985 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,330 |
| Other assets | $0 |
| Total assets | $3,330 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,330 |