Italian American Club Southwestern Illinois is located in Granite City, IL.
For the year ending 12/2021, Italian American Club Southwestern Illinois generated $11.5k 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 (6.9%) each year. All expenses for the organization totaled $20.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.4%) 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
VAROUIS CONTRIBUTIONS FOR EDUCATIONAL AND NEEDED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nick Petrillo President | 0 | $0 | |
David R Baumann Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $30 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $2,873 |
Gain or Loss | $9,839 |
Net Income from Gaming & Fundraising | -$1,220 |
Other Revenue | $0 |
Total Revenue | $11,522 |
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 | $650 |
Occupancy, rent, utilities, and maintenance | $8,611 |
Printing, publications, postage, and shipping | $146 |
Other expenses | $9,890 |
Total expenses | $19,997 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $121,888 |
Other assets | $0 |
Total assets | $338,735 |
Total liabilities | $0 |
Net assets or fund balances | $338,735 |
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