Italian American Executives Of Transportation Charitable Fndtn is located in Stone Park, IL. The organization was established in 2011. 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 Executives Of Transportation Charitable Fndtn 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 Executives Of Transportation Charitable Fndtn generated $32.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $31.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.2%) 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
TO PROVIDE SCHOLARSHIP ASSISTENCE TO QUALIFIED APPLICANTS THAT APPLY AND CAN DEMONSTRATE THE NEED FOR FINANCIAL ASSISTENCE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vito D'ambrosio President | 0 | $0 | |
Carl Ferraro Vice Preside | 0 | $0 | |
Bill Lowendick Treasurer | 0 | $0 | |
John Ferrentino Financial Se | 0 | $0 | |
Rosalie Rempert Recording Se | 0 | $0 | |
Terry Muellner Sergeant At | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $32,165 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $15 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $32,180 |
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 | $0 |
Total expenses | $31,050 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $99,924 |
Other assets | $0 |
Total assets | $99,924 |
Total liabilities | $0 |
Net assets or fund balances | $99,924 |