Sons Of Italy In America
- Assets
- $1.4m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 7
- Location
- Washington, DC
- Founding
- 06/1941
- Data as of
- 09/2023
- EIN
- 23-1523015
Organization Overview
Sons Of Italy In America, operating under the name Order Sons And Daughters Of Italy I, is located in Washington, DC. The organization was established in 1941. 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. As of 09/2023, Order Sons And Daughters Of Italy I employed 7 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Order Sons And Daughters Of Italy I 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 09/2023, Order Sons And Daughters Of Italy I generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $1.0m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FRATERNAL ORGANIZATION - PROMOTE AND CONDUCT HUMANITARIAN WORKS AND CULTURE, GOVERN AND UNITE THE STATE AND LOCAL LODGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
"ITALIAN AMERICA" - ORGANIZATION'S NATIONAL MAGAZINE
STUDENT EDUCATIONAL COMMITTEE / SPECIAL EVENTS
NATIONAL BYLAWS AND ORGANIZATION OF LOCAL LODGES, NATIONAL CONVENTION AND MEETINGS
CHARITABLE & EDUCATIONAL PROGRAMS / DONATIONS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thom A Lupo Nat'l 1st VP | Officer | 1 | $0 |
Tony Bisceglia Anderson Nat'l 4th VP | Officer | 1 | $0 |
Joseph Rondinelli Nat'l Record | Officer | 1 | $0 |
Carolyn Reres Nat'l Truste | Officer | 1 | $0 |
Robert Ferrito Csj Presiden | Officer | 1 | $0 |
Philip R Boncore ESQ Nat'l Past P | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $150,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $150,000 |
| Total Program Service Revenue | $823,566 |
| Investment income | $71,974 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,215,939 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $8,400 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $286,991 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,908 |
| Payroll taxes | $25,784 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,590 |
| Fees for services: Accounting | $1,070 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,876 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,309 |
| Office expenses | $28,765 |
| Information technology | $15,569 |
| Royalties | $0 |
| Occupancy | $60,000 |
| Travel | $11,725 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $233,991 |
| Interest | $0 |
| Payments to affiliates | $63,595 |
| Depreciation, depletion, and amortization | $4,114 |
| Insurance | $2,806 |
| All other expenses | $3,606 |
| Total functional expenses | $1,042,590 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $188,553 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $194,580 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,967 |
| Prepaid expenses and deferred charges | $5,403 |
| Net Land, buildings, and equipment | $8,443 |
| Investments—publicly traded securities | $868,848 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $118,221 |
| Total assets | $1,394,015 |
| Accounts payable and accrued expenses | $72,139 |
| Grants payable | $0 |
| Deferred revenue | $4,681 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $76,820 |
| Net assets without donor restrictions | $1,317,195 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,394,015 |
Grants Awarded
Over the last fiscal year, Sons Of Italy In America has awarded $118,624 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COMMISSION FOR SOCIAL JUSTICE PURPOSE: EDUCATION | $61,844 |
SONS OF ITALY FOUNDATION PURPOSE: CHARITABLE AND EDUCATIONAL | $56,780 |