Italian American Society Of Southwest Florida Inc
- Assets
- $38.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Naples, FL
- Founding
- 04/2009
- Data as of
- 12/2022
- EIN
- 74-3185618
Organization Overview
Italian American Society Of Southwest Florida Inc is located in Naples, FL. The organization was established in 2009. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Italian American Society Of Southwest Florida Inc 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, Italian American Society Of Southwest Florida Inc generated $10.0k 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 (6.9%) each year. All expenses for the organization totaled $8.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.5%) 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
THE SOUTHWEST FLORIDA ITALIAN AMERICAN SOCIETY IS A SOCIAL AND CHARITABLE CLUB WHICH AWARDS GRANTS TO LOCAL CHARITIES. BECAUSE OF COVID LAST YEAR WE WEREN'T ABLE TO HAVE OUR FASHION SHOW OR REVERSE RAFFLE WHICH BENEFITED AVOW HOSPICE AND GOLDEN PAWS ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joanne Stark President | 2 | $0 | |
Phyllis Jensen Vice President | 2 | $0 | |
Mary Neglia Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,060 |
| Investment income | $143 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,670 |
| Other Revenue | $0 |
| Total Revenue | $9,973 |
| 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 | $346 |
| Occupancy, rent, utilities, and maintenance | $1,544 |
| Printing, publications, postage, and shipping | $2,085 |
| Other expenses | $0 |
| Total expenses | $7,975 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,620 |
| Other assets | $0 |
| Total assets | $38,620 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,620 |
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