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Order Sons Of Italy New York Grand Lodge Foundation Inc

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

EIN: 112630214 ✦ Bellmore, NY ✦ Designated as a 501(c)(3)

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Overview

What is Order Sons Of Italy New York Grand Lodge Foundation Inc?

Order Sons of Italy New York Grand Lodge Foundation Inc is a charitable organization dedicated to making a positive impact in various communities. Its primary activities include providing financial aid to deserving individuals through scholarships and contributing to worthy causes. The foundation also supports the Commission for Social Justice, advocating for social equality and justice. By offering scholarships and funding charitable initiatives, the Order Sons of Italy New York Grand Lodge Foundation Inc aims to foster growth and development in New York State.


Official website here: www.ordersonsofitaly@gmail.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82%, Three-Star out of Four Stars

The Order Sons Of Italy New York Grand Lodge Foundation Inc has received an overall score of 82%, translating to a Three-Star rating. This score is derived from a focus on Accountability & Finance, where the organization scored well in several areas, including having a fully independent board and a strong financial oversight process. However, some important policies, such as conflict of interest and whistleblower policies, are missing, which could indicate areas for improvement in governance practices.

One of the strengths of the organization is its financial management, reflected in a strong program expense ratio of 74.56%, indicating that a significant portion of funds is directed toward its programs. Additionally, the lack of liabilities (0.00% liabilities to assets ratio) suggests solid financial health. The board's independence and size also contribute positively to its accountability.

Despite these strengths, the absence of several key policies points to a potential risk in organizational transparency and governance. Implementing these policies could enhance trust and effectiveness within the organization. Overall, while the foundation demonstrates strong financial practices, addressing the noted limitations could foster greater accountability and stakeholder confidence.


This AI summary has been generated from information found on Charity Navigator.

Is Order Sons Of Italy New York Grand Lodge Foundation Inc legitimate?

Order Sons Of Italy New York Grand Lodge Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Order Sons Of Italy New York Grand Lodge Foundation 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: $0

For more financial information, click here


Official website here: www.ordersonsofitaly@gmail.com

What is the mission statement of Order Sons Of Italy New York Grand Lodge Foundation Inc?

The Order Sons of Italy New York Grand Lodge Foundation dedicates its efforts to making charitable contributions, fostering the Commission for Social Justice, and offering scholarships on a statewide level. By supporting various charities, the foundation contributes to various causes. It also advocates for social justice issues through the Commission for Social Justice. Furthermore, the organization provides scholarships to individuals, empowering them through education. These initiatives aim to contribute positively to the community.


Official website here: www.ordersonsofitaly@gmail.com

Who is the CEO of Order Sons Of Italy New York Grand Lodge Foundation Inc?

Gina Franchi is the Past President of Order Sons Of Italy New York Grand Lodge Foundation Inc.


Official website here: www.ordersonsofitaly@gmail.com

What is the revenue of Order Sons Of Italy New York Grand Lodge Foundation Inc?

Order Sons Of Italy New York Grand Lodge Foundation Inc's revenue in 2023 was $507,891.


Official website here: www.ordersonsofitaly@gmail.com

Who are the executives of Order Sons Of Italy New York Grand Lodge Foundation Inc and what are their salaries?


Here are 10 key members and their salaries:


Fortunato Naccarato (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernest Magliato (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keth Wilson (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Mascolo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Biagio Isgro (1St Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luigi Squillante (Orator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Ment (Prsident)
  • Compensation: $0
  • Related: $0
  • Other: $0
Athyr Spera (2Nd Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Ferrara (Financial Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Remo Carriero (Correspondingf Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ordersonsofitaly@gmail.com

Where can I find the form 990 for Order Sons Of Italy New York Grand Lodge Foundation Inc?

Order Sons Of Italy New York Grand Lodge Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ordersonsofitaly@gmail.com

Learn more at the official website: www.ordersonsofitaly@gmail.com

Mission Statement of Order Sons Of Italy New York Grand Lodge Foundation Inc

The Order Sons of Italy New York Grand Lodge Foundation is a charitable organization that carries out several significant initiatives. At its core, the foundation's mission involves making donations to various charities, supporting the Commission for Social Justice, and offering scholarships on a statewide level. Through these activities, the foundation aims to contribute positively to its community and support those in need.

In line with its mission, the Order Sons of Italy New York Grand Lodge Foundation has established programs such as the Commission for Social Justice and statewide scholarships. The Commission for Social Justice serves as an avenue for the foundation to support causes that promote justice and equality. On the other hand, the statewide scholarships provide educational opportunities for individuals, enabling them to pursue their academic goals and contribute positively to their communities in the future.

In summary, the Order Sons of Italy New York Grand Lodge Foundation dedicates its efforts to charitable donations, supporting the Commission for Social Justice, and offering scholarships on a statewide basis. By doing so, the foundation seeks to contribute to the wellbeing of its community and support individuals in need, thereby fostering a more inclusive and equitable society.

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Impact




July, 2024

Order Sons Of Italy New York Grand Lodge Foundation Inc has a significant impact on the community by donating to charities, providing support to the Commission for Social Justice, and offering scholarships throughout the state of New York. Through its programs such as the Commission for Social Justice and statewide scholarships, the foundation actively contributes to community improvement and helps individuals achieve their educational goals.




This information is meant to be a general summary of Order Sons Of Italy New York Grand Lodge Foundation 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
$507,891 (2023)
Expenses
$489,783 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $188,922
  • Program Service Revenue: $1,090
  • Gross Receipts: $1,143,327

Assets and Liabilities:

  • Total Assets: $2,994,339
  • Total Liabilities: $0
  • Net Assets: $2,994,339

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Scholarship application fees

Revenue

$1,090

Organization Details

Founding Year

1982

Principal Officer

Gina Franchi

Main Address

2101 Bellmore Avenue, Bellmore, NY, 117105605

NTEE Category

Code: S82Z - Community improvement

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