Italian American Benevolent Association Inc
- Assets
- $136.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vineland, NJ
- Founding
- 01/2002
- Data as of
- 12/2022
- EIN
- 22-3663561
Organization Overview
Italian American Benevolent Association Inc is located in Vineland, NJ. The organization was established in 2002. 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. Italian American Benevolent Association 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 12/2022, Italian American Benevolent Association Inc generated $32.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $24.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
DONATE FUNDS TO MEDICAL NEEDY AND OTHER LOCAL RESIDENTS WHO NEED HELP. FUNDS ARE GENERATED THROUGH MEMBERSHIP DUES, CONTRIBUTIONS AND A ANNUAL FUNDRAISING GOLF TOURNAMENT EVENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Capizola President | 1 | $0 | |
Rick Colini Vice President | 1 | $0 | |
Dennis Ingraldi Secretary | 1 | $0 | |
Cosmo Giovinazzi IV Treasurer | 1 | $0 | |
Bob Fischer Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $11,800 |
| Membership dues | $0 |
| Investment income | $383 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $19,842 |
| Other Revenue | $0 |
| Total Revenue | $32,025 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $930 |
| Other expenses | $23,945 |
| Total expenses | $24,875 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,369 |
| Other assets | $0 |
| Total assets | $136,369 |
| Total liabilities | $0 |
| Net assets or fund balances | $136,369 |