Italian Mutual Benefit Society Of Koppel
- Assets
- $149.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Koppel, PA
- Founding
- 03/2005
- Data as of
- 12/2021
- EIN
- 25-0571037
Organization Overview
Italian Mutual Benefit Society Of Koppel is located in Koppel, PA. The organization was established in 2005. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Italian Mutual Benefit Society Of Koppel is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Italian Mutual Benefit Society Of Koppel generated $103.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $71.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Sacco Chairman | 4 | $0 | |
Larry Pisano Financial Secretary | 1 | $0 | |
Dennis Pietrandria Legal Advisor | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,680 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $103,607 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,466 |
| Professional fees and other payments to independent contractors | $675 |
| Occupancy, rent, utilities, and maintenance | $27,624 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,622 |
| Total expenses | $71,387 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $81,199 |
| Other assets | $0 |
| Total assets | $149,697 |
| Total liabilities | $1,096 |
| Net assets or fund balances | $148,601 |
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