Italian American Executives Of Transportation
- Assets
- $29.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stone Park, IL
- Founding
- 09/1980
- Data as of
- 12/2020
- EIN
- 36-2918899
Organization Overview
Italian American Executives Of Transportation is located in Stone Park, IL. The organization was established in 1980. 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 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 12/2020, Italian American Executives Of Transportation generated $42.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.5%) each year. All expenses for the organization totaled $41.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (18.0%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST IN EDUCATIONAL PROGRAMS, SCHOLARSHIPS AND EDUCATIONAL ACTIVITIES AND TO BE OF CHARITABLE ASSISTENCE WHENEVER POSSIBLE TO OTHER CHARITABLE ORGANIZATIONS AND TO OTHER WORTHWHILE ORGANIZATIONS. TO PROMOTE PERSONAL ACQUAINTANCES AND FRIENDLY RELATIONS BETWEEN ITS MEMBERS AND TO ENHANCE THE IMAGE OF PEOPLE OF ITALIAN-AMERICAN HERITAGE WITHIN AND WITHOUT THE COMMUNITY AND TO PROMOTE CULTURE AND CULTURAL AWARENESS
Describe the Organization's Program Activity:
Part 3
TO ASSIST IN EDUCATIONAL PROGRAMS, SCHOLARSHIPS AND EDUCATIONAL ACTIVITIES AND TO BE OF CHARITABLE ASSISTENCE WHENEVER POSSIBLE TO OTHER CHARITABLE ORGANIZATIONS AND TO OTHER WORTHWHILE ORGANIZATIONS. TO PROMOTE PERSONAL ACQUAINTANCES AND FRIENDLY RELATIONS BETWEEN ITS MEMBERS AND TO ENHANCE THE IMAGE OF PEOPLE OF ITALIAN-AMERICAN HERITAGE WITHIN AND WITHOUT THE COMMUNITY AND TO PROMOTE CULTURE AND CULTURAL AWARENESS
TO ASSIST IN EDUCATIONAL PROGRAMS, SCHOLARSHIPS AND EDUCATIONAL ACTIVITIES AND TO BE OF CHARITABLE ASSISTENCE WHENEVER POSSIBLE TO OTHER CHARITABLE ORGANIZATIONS AND TO OTHER WORTHWHILE ORGANIZATIONS. TO PROMOTE PERSONAL ACQUAINTANCES AND FRIENDLY RELATIONS BETWEEN ITS MEMBERS AND TO ENHANCE THE IMAGE OF PEOPLE OF ITALIAN-AMERICAN HERITAGE WITHIN AND WITHOUT THE COMMUNITY AND TO PROMOTE CULTURE AND CULTURAL AWARENESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vito D'ambrosio President | 0 | $0 | |
Sonny Nicotera 2nd Vice Pre | 0 | $0 | |
James Glimco 1st Vice Pre | 0 | $0 | |
Andy Tegtmeier Treasurer | 0 | $0 | |
John Ferrentino Financial Se | 0 | $0 | |
Gail Carey Recording Se | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $32,927 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,296 |
| Other Revenue | $0 |
| Total Revenue | $42,223 |
| 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 | $2,695 |
| Occupancy, rent, utilities, and maintenance | $5,650 |
| Printing, publications, postage, and shipping | $1,734 |
| Other expenses | $27,009 |
| Total expenses | $41,088 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,927 |
| Other assets | $0 |
| Total assets | $29,927 |
| Total liabilities | $1,303 |
| Net assets or fund balances | $28,624 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Italian American Executives Of Transportation has recieved totaling $18,374.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC | | $18,374 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Cleveland Avenue Foundation For Education Group Chicago, IL | $12,236,345 | $15,309,295 |
Western Illinois Regional Council Community Action Agency Macomb, IL | $2,081,443 | $6,378,655 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Catholic Education Foundation Inc Louisville, KY | $34,954,329 | $8,681,774 |
Guaranteed Rate Foundation Nfp Chicago, IL | $1,798,790 | $5,812,096 |
Foundation For The Realization Of Human Potential Nfp Chicago, IL | $6,540,045 | $5,725,099 |