Italian Catholic Federation Of California Inc
- Assets
- $20.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monterey, CA
- Founding
- 11/1972
- Data as of
- 12/2022
- EIN
- 23-7641190
Organization Overview
Italian Catholic Federation Of California Inc is located in Monterey, CA. The organization was established in 1972. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Italian Catholic Federation Of California Inc 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 12/2022, Italian Catholic Federation Of California Inc generated $56.4k 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 (6.1%) each year. All expenses for the organization totaled $61.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 7 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
GRANTS $20,985.00
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Leonard Treasurer | 4 | $0 | |
Elaine Valentine President | 10 | $0 | |
Ed Leonard 1st VP | 1 | $0 | |
Antonia Ruccello 2nd VP | 1 | $0 | |
Sandie Russo Sentinel | 1 | $0 | |
Annamarie Stanton Corr. Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,220 |
| Total Program Service Revenue | $0 |
| Membership dues | $26,032 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,154 |
| Other Revenue | $0 |
| Total Revenue | $56,407 |
| 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 | $29,954 |
| Total expenses | $61,501 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,345 |
| Other assets | $0 |
| Total assets | $20,345 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,345 |