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Saugus Italian American Club Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043103400 ✦ Saugus, MA ✦ Designated as a 501(c)(7)

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Overview

What is Saugus Italian American Club Inc?

The Saugus Italian American Club Inc is a nonprofit organization situated in Saugus, Massachusetts. Their primary focus is on fostering social and civic engagement among their members. They actively support local youth organizations and Little League Baseball, contributing to the community's younger generation. During the holiday season, the club extends a helping hand to its sick members, offering relief and comfort. To celebrate special occasions, they host events on Halloween and Thanksgiving for their members. Furthermore, the club demonstrates its commitment to education by offering scholarships to assist the children of its members in their studies. Overall, Saugus Italian American Club Inc serves as a hub for community engagement, support, and educational aid.

Is Saugus Italian American Club Inc legitimate?

Saugus Italian American Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Saugus Italian American Club Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Saugus Italian American Club Inc?

The Saugus Italian American Club Inc is dedicated to participating in social and civic activities, primarily focusing on its members. One of its significant initiatives involves supporting youth organizations and Little League Baseball. Furthermore, the club demonstrates compassion by offering relief to its sick members during the holiday season. In addition, the organization hosts festive events for its members on occasions like Halloween and Thanksgiving. Notably, the Saugus Italian American Club Inc also awards scholarships to encourage educational assistance for the children of its members. Overall, the club's mission is centered around fostering a sense of community and supporting its members in various ways.

Who is the CEO of Saugus Italian American Club Inc?

Paul Serino is the President of Saugus Italian American Club Inc.

What is the revenue of Saugus Italian American Club Inc?

Saugus Italian American Club Inc's revenue in 2022 was $184,721.

Who are the executives of Saugus Italian American Club Inc and what are their salaries?


Here are 6 key members and their salaries:


Paul Serino (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Salernojr (Treasurer)
  • Compensation: $13,000
  • Related: $0
  • Other: $0
Vincent Serino (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Nicolo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Nicolo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Shell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Saugus Italian American Club Inc?

Saugus Italian American Club Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Saugus Italian American Club Inc

Saugus Italian American Club, a nonprofit organization, is dedicated to engaging in social and civic activities. Its primary mission is to support youth organizations and Little League Baseball, offering a sense of community and opportunities for young individuals. Moreover, the club extends its generosity during the holiday season by providing relief for its sick members. To foster education, Saugus Italian American Club also offers scholarships to encourage academic growth among the children of its members. The organization further enriches its members' experiences by hosting festive events such as Halloween and Thanksgiving celebrations.

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Impact




October, 2024

The Saugus Italian American Club Inc plays a vital role in fostering community spirit and support among its members and the wider Saugus area. By engaging in various social and civic activities, the club actively aids youth organizations and Little League Baseball, promoting teamwork and physical fitness among children.

During the holiday season, the club demonstrates its commitment to community welfare by providing relief for sick members, ensuring that they feel supported during challenging times. Additionally, the club enhances community cohesion by hosting festive events for its members, such as Halloween and Thanksgiving gatherings, which strengthen connections and create lasting memories.

The provision of scholarships to facilitate educational assistance for members' children reflects the club’s dedication to supporting the next generation's academic pursuits. Collectively, these initiatives not only benefit the club's members but also contribute positively to the community by fostering a culture of camaraderie, support, and educational advancement.




This information is meant to be a general summary of Saugus Italian American Club Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$184,721 (2022)
Expenses
$172,950 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $146,123
  • Gross Receipts: $184,721

Assets and Liabilities:

  • Total Assets: $161,504
  • Total Liabilities: $50,793
  • Net Assets: $110,711

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Organization Details

Principal Officer

Paul Serino

Main Address

1 BEACHVIEW AVENUE, SAUGUS, MA, 01906

NTEE Category

Code: P84Z - Human services

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