Molisani Nel Mondo
- Assets
- $20.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 05/2002
- Data as of
- 12/2022
- EIN
- 36-3887017
Organization Overview
Molisani Nel Mondo is located in Chicago, IL. The organization was established in 2002. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Molisani Nel Mondo is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Molisani Nel Mondo generated $7.5k 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 (20.2%) each year. All expenses for the organization totaled $8.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (19.2%) 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
CLUB ACTIVITIES AND CLUB MAINTENANCE RELATED TO EXEMPT PURPOSE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Olimpio Iannotta Director | 0 | $0 | |
Silvio Martino Vice President | 0 | $0 | |
Robert Iannotta Treasurer | 0 | $0 | |
Vittorio Verrecchia Ass't Secretary | 0 | $0 | |
Larry Di Vito Director | 0 | $0 | |
Ross A Pontarelli Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $400 |
| Total Program Service Revenue | $0 |
| Membership dues | $5,418 |
| Investment income | $17 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,690 |
| Total Revenue | $7,525 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $350 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,631 |
| Occupancy, rent, utilities, and maintenance | $5,807 |
| Printing, publications, postage, and shipping | $1,100 |
| Other expenses | $40 |
| Total expenses | $8,928 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,988 |
| Other assets | $0 |
| Total assets | $19,988 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,988 |
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