Columbian Federation Of Italian-American Societies is located in Pueblo West, CO. The organization was established in 1938. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is the central organization for a national or regional group of organizations. Columbian Federation Of Italian-American Societies is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 12/2023, Columbian Federation Of Italian-American Societies generated $24.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $29.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
BENEFITS PAID FOR DECEASED FEDERATION MEMEBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mary Beth Corsentino Western VP | 1 | $0 | |
Gina Tallarico Eastern VP | 1 | $0 | |
Vito Giambance Midwest VP | 0 | $0 | |
Charles Hamilton 1st Vice President | 1 | $0 | |
Gary Mastronardi Sec Treasurer | 6 | $0 | |
Sam Previti President | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $20,692 |
Investment income | $4,121 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $24,813 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $21,400 |
Salaries, other compensation, and employee benefits | $3,500 |
Professional fees and other payments to independent contractors | $2,650 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,718 |
Total expenses | $29,268 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $272,245 |
Other assets | $0 |
Total assets | $272,245 |
Total liabilities | $428 |
Net assets or fund balances | $271,817 |