Italian Benefit Society Inc

Peter Williamstreasurer

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

EIN: 060401765 ✦ Stafford springs, CT ✦ Designated as a 501(c)(7)

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Overview

What is Italian Benefit Society Inc?

Italian Benefit Society Inc is a nonprofit organization, firmly established in Stafford Springs, Connecticut. Led by Treasurer Peter Williams, its primary mission is to aid and empower Italian Americans as they integrate into American society. The organization offers financial assistance during challenging times, demonstrating its commitment to uplifting and supporting the Italian American community. The society's activities are geared towards this mission, with a focus on fostering cultural assimilation and community empowerment.

Is Italian Benefit Society Inc legitimate?

Italian Benefit Society Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Italian Benefit Society Inc submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $56,806

For more financial information, click here

What is the mission statement of Italian Benefit Society Inc?

The Italian Benefit Society Inc's mission is centered around supporting and uplifting Italian Americans. This nonprofit organization aims to assist Italian Americans in integrating into the U.S. culture and offers financial aid when they encounter financial hardships. The primary objective of the society is to provide assistance and support to this community, thereby promoting their well-being.

Who is the CEO of Italian Benefit Society Inc?

Greg Cyr is the President of Italian Benefit Society Inc.

What is the revenue of Italian Benefit Society Inc?

Italian Benefit Society Inc's revenue in 2022 was $124,924.

Who are the executives of Italian Benefit Society Inc and what are their salaries?

The average compensation at Italian Benefit Society Inc during 2022 was $4,370. There are 13 employees and 100 volunteers at Italian Benefit Society Inc.


Here are 4 key members and their salaries:


Greg Cyr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Brothers (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Titus (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Williams (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Italian Benefit Society Inc?

Italian Benefit Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Italian Benefit Society Inc

Italian Benefit Society Inc, as a nonprofit organization, is devoted to uplifting and supporting Italian Americans. The mission of this organization is to aid in the assimilation of Italian Americans into the U.S. culture and offer financial assistance when they encounter hardships. This nonprofit endeavors to empower Italian Americans, thereby contributing to their overall well-being. Peter Williams, serving as the treasurer, plays a significant role in executing this mission.

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Impact




October, 2024

Italian Benefit Society Inc plays a significant role in supporting the Italian American community by facilitating cultural assimilation and providing essential financial aid. With a focus on helping individuals navigate the challenges of integrating into U.S. society, the organization offers resources and assistance that promote a sense of belonging.

The impact of Italian Benefit Society Inc can be seen in its commitment to uplifting and empowering Italian Americans. By assisting those in need, the organization fosters resilience within the community, ensuring that members have the support required during difficult times. This mission not only strengthens individual lives but also enriches the cultural fabric of Stafford Springs, CT, where the organization is based.

Through its various initiatives, Italian Benefit Society Inc helps to preserve the heritage and traditions of Italian Americans while aiding in their successful integration into mainstream society. This dual approach not only honors the past but also paves the way for future generations to thrive, making a meaningful contribution to the community at large.




This information is meant to be a general summary of Italian Benefit Society 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
$124,924 (2022)
Expenses
$131,611 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $166
  • Gross Receipts: $202,399

Assets and Liabilities:

  • Total Assets: $252,509
  • Total Liabilities: $4,042
  • Net Assets: $248,467

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Organization Details

Founding Year

1927

Principal Officer

Greg Cyr

Main Address

71A WEST STAFFORD RD STE 4, STAFFORD SPRINGS, CT, 06076

NTEE Category

Code: P84 - Human services

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