Overview
What is Italian Charities Of America Inc?
Italian Charities of America Inc. is a nonprofit organization that caters to the Italian American community, its members, and the general public. They offer a variety of cultural programs, events, and activities that promote and preserve Italian heritage. Additionally, this charitable organization extends its reach by making donations to other Italian American organizations and various nonprofit entities. Their initiatives encompass community events and language and cultural courses to foster a sense of unity and appreciation for Italian culture.
Official website here: www.italiancharites.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Stars
Italian Charities Of America Inc has received a score of 57%, resulting in a One-Star rating. This score reflects the organization's performance in accountability and finance, with specific strengths noted in governance. The charity boasts a fully independent board, with 100% of its members being independent, alongside a solid conflict of interest policy and a whistleblower policy, which are all beneficial for transparency and ethical governance.
However, the organization faces significant challenges, particularly in its financial management. The program expense ratio is notably low at 20.58%, indicating that a small portion of its expenditures is directed towards its programs. Additionally, the liabilities to assets ratio is concerning at 0.30%, suggesting potential financial instability. Furthermore, the nonprofit has failed to post its tax form on its website, which is a missed opportunity for transparency.
Overall, while Italian Charities Of America Inc excels in governance practices, it needs to address its financial performance and improve operational transparency to enhance its standing and effectiveness in fulfilling its charitable mission.
This AI summary has been generated from information found on Charity Navigator.
Is Italian Charities Of America Inc legitimate?
Italian Charities Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Italian Charities Of America 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: $75,658
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.italiancharites.org
What is the mission statement of Italian Charities Of America Inc?
Italian Charities Of America Inc serves as a cultural non-profit organization, offering a variety of cultural programs, events, and activities to engage and enrich the Italian American community and the general public. Beyond its cultural initiatives, the organization also extends charitable donations to both Italian American organizations and other non-profit entities. The organization's mission is multifaceted, promoting cultural engagement and providing financial support to various non-profit entities. Its offerings include community activities and language and cultural courses, aiming to foster a deeper connection and appreciation for Italian culture.
Official website here: www.italiancharites.org
Who is the CEO of Italian Charities Of America Inc?
Domenic Giampino is the Treasurer of Italian Charities Of America Inc.
Official website here: www.italiancharites.org
What is the revenue of Italian Charities Of America Inc?
Italian Charities Of America Inc's revenue in 2022 was $161,957.
Official website here: www.italiancharites.org
Who are the executives of Italian Charities Of America Inc and what are their salaries?
The average compensation at Italian Charities Of America Inc during 2022 was $18,914. There are 4 employees at Italian Charities Of America Inc.
Here are 5 key members and their salaries:
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Official website here: www.italiancharites.org
Where can I find the form 990 for Italian Charities Of America Inc?
Italian Charities Of America Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.italiancharites.org
Learn more at the official website: www.italiancharites.org
Mission Statement of Italian Charities Of America Inc
Italian Charities of America, as a distinguished cultural non-profit organization, is dedicated to enriching the lives of the Italian American community and the general public through various cultural programs, events, and activities. Beyond this, the organization extends its charitable contributions to Italian American organizations and other non-profit entities. By offering language and cultural courses, Italian Charities of America fosters a sense of unity and appreciation for Italian heritage within its community. The organization's mission is to serve as a platform for cultural exchange and preservation, providing opportunities for personal growth and community engagement.
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Impact
October, 2024
Italian Charities of America Inc plays a vital role in enriching the cultural landscape of the Italian American community. By organizing a diverse array of cultural programs, events, and activities, it fosters a sense of unity and pride among Italian Americans. These initiatives serve not only the community members but also aim to engage the general public, promoting awareness and appreciation of Italian heritage.
The organization's commitment to charitable donations further amplifies its impact, supporting both Italian American organizations and broader non-profit efforts. This philanthropic approach helps to sustain various causes, ensuring that the cultural richness is preserved and celebrated for future generations.
Through language and cultural courses, Italian Charities of America Inc facilitates the transmission of traditions, enhancing the community's connection to its roots. Overall, its contributions significantly bolster community improvement, highlighting the importance of cultural identity and solidarity within the broader society.
This information is meant to be a general summary of Italian Charities Of America 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $17,122
- Gross Receipts: $266,997
Assets and Liabilities:
- Total Assets: $836,062
- Total Liabilities: $2,576
- Net Assets: $833,486
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
cultural classes
Revenue
$17,122
Organization Details
Founding Year
1936
Phone
(718) 478-3100Principal Officer
Domenic Giampino
Main Address
83-20 QUEENS BLVD, ELMHURST, NY, 11373
Website
www.italiancharites.orgNTEE Category
Code: S80 - Community improvement
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