Italian American Benevolent Association Inc
- Assets
- $129.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vineland, NJ
- Founding
- 01/2002
- Data as of
- 12/2021
- 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 12/2021, Italian American Benevolent Association Inc generated $37.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $32.6k during the year ending 12/2021. 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
GOLF TOURNAMENT TO MAKE PROFIT TO DISTRIBUTE TO NEEDY PEOPLE FOR MEDICAL AND VARIOUS EXPENSES. ALSO TO GIVE OUT SCHOLARSHIPS TO NEEDY STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Capizola President | 0 | $0 | |
Rick Colini Vice-Pres | 0 | $0 | |
Dennis Ingraldi Secretary | 0 | $0 | |
Cosmo Giovinazzi 1v Treasury | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $510 |
| Total Program Service Revenue | $0 |
| Membership dues | $16,115 |
| Investment income | $503 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,732 |
| Other Revenue | $0 |
| Total Revenue | $37,860 |
| 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 | $0 |
| Other expenses | $32,588 |
| Total expenses | $32,588 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $129,219 |
| Other assets | $0 |
| Total assets | $129,219 |
| Total liabilities | $0 |
| Net assets or fund balances | $129,219 |
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