Carl Vincent Bini Memorial Fund
- Assets
- $308.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Staten Island, NY
- Founding
- 05/2009
- Data as of
- 12/2021
- EIN
- 32-0144539
Organization Overview
Carl Vincent Bini Memorial Fund is located in Staten Island, NY. The organization was established in 2009. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carl Vincent Bini Memorial Fund 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, Carl Vincent Bini Memorial Fund generated $77.5k 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 (11.9%) each year. All expenses for the organization totaled $131.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.4%) 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
2021
Describe the Organization's Program Activity:
Part 3
COMMUNITY & FAMILY ASSISTANCE -PROVIDING ASSISTANCE TO THOSE IN NEED WITHIN THE COMMUNITY THROUGH SCHOLARSHIPS, EMERGENCY GRANTS AND SPECIAL NEEDS ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Massimo Didonna President & Cha | 20 | $0 | |
Christine Bini Vice President | 10 | $0 | |
Keith Campanella Adv Boardmember | 1 | $0 | |
James Thomson Adv Boardmember | 1 | $0 | |
Mario Gallucci Adv Boardmember | 1 | $0 | |
Frank D'amato Adv Boardmember | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,281 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $381 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,161 |
| Other Revenue | $0 |
| Total Revenue | $77,501 |
| 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 | $10,720 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $150 |
| Other expenses | $121,057 |
| Total expenses | $131,927 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $192,158 |
| Other assets | $0 |
| Total assets | $308,155 |
| Total liabilities | $58,826 |
| Net assets or fund balances | $249,329 |
Grants Awarded
Over the last fiscal year, Carl Vincent Bini Memorial Fund has awarded $21,356 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
IS 34 PURPOSE: school support | $14,940 |
BASKETBALL LEAGUE PURPOSE: youth | $6,416 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Carl Vincent Bini Memorial Fund has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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Elcam Inc St Marys, PA | $19,431,330 | $4,390,197 |
Constructive Dialogue Institute Inc New York, NY | $2,018,471 | $1,187,467 |
Montgomery County Foundation Inc Blue Bell, PA | $6,846,904 | $2,066,247 |
Shekel Hakodesh Dsatmar Inc Monroe, NY | $92,066 | $1,180,269 |
Uwvc Foundation Inc New York, NY | $541,216 | $743,045 |
Harpswell Foundation Concord, MA | $9,704,680 | $1,497,581 |
The Love Pray Peace Project Veterans Residence Drexel Hill, PA | $69,517 | $509,585 |
Milford Community Media Center Inc Milford, MA | $557,673 | $474,965 |
Np Minneapolis Industrial Llc Boston, MA | $18,987,088 | $1,225,241 |
Good Street Inc Teaneck, NJ | $382,189 | $530,702 |