Italian American Club of Somers Inc is located in Somers, NY. The organization was established in 2003. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations.
For the year ending 03/2020, Italian American Club of Somers Inc generated $403.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (42.0%) each year. All expenses for the organization totaled $1.0k during the year ending 03/2020. As we would expect to see with falling revenues, expenses have declined by (36.1%) per year over the past 5 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 Program Activity:
Part 3
THE ORGANIZATION IS COMPRISED OF INDIVIDUALS THAT HAVE AN ITALIAN ANCESTRY.OUR MONTHLY MEETING FEATURE AN INDIVIDUAL SUCH AS A PROFESSORTHAT DESCRIBES THERE FAMILY HISTORY AND THE BARRIERS THEY FACED IN THEIR BUSINESS JOURNEY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donato Settanni Treasurer | 5 | $0 | |
Michael Fleury President | 3 | $0 | |
Diane Cascio Board Member | 3 | $0 | |
Dominick Robustelli Board Member | 3 | $0 | |
Frank Petruzzi Board Member | 3 | $0 | |
Meg Timone Board Member | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $125 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $278 |
Total Revenue | $403 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,002 |
Total expenses | $1,002 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |