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Hoboken Italian Festival Inc

Co Societa Madonna Dei Martiri

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

EIN: 223785813 ✦ Hoboken, NJ ✦ Designated as a 501(c)(4)

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Overview

What is Hoboken Italian Festival Inc?

Hoboken Italian Festival Inc is a nonprofit organization based in Hoboken, New Jersey, with a postal address at PO Box 1546. Their primary mission is to foster appreciation and awareness of the cultural and religious heritage stemming from Molfetta, a town in southeast Italy. They achieve this by organizing a four-day festival, celebrating the patron saint, Madonna di Martiri. This event offers guests an opportunity to experience Italian customs through entertainment, food, and cultural exhibits. The festival aims to promote unity and celebrate the shared heritage between the local community and Molfetta.


Official website here: www.hobokenitalianfestival.com

Is Hoboken Italian Festival Inc legitimate?

Hoboken Italian Festival Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Hoboken Italian Festival 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.hobokenitalianfestival.com

What is the mission statement of Hoboken Italian Festival Inc?

The Hoboken Italian Festival Inc's primary objective is to foster appreciation and understanding in the community of the cultural and religious heritage that originates from Molfetta, a town in southeast Italy. This is accomplished through the organization's annual festival and celebration honoring Madonna di Martiri, the patron saint. The four-day event offers guests an opportunity to immerse themselves in the customs and traditions of the region, providing entertainment, food, and paying tribute to the patron saint. The festival serves to celebrate and preserve the Italian heritage, fostering a sense of unity and appreciation within the community.


Official website here: www.hobokenitalianfestival.com

Who is the CEO of Hoboken Italian Festival Inc?

Michael Freschi is the President of Hoboken Italian Festival Inc.


Official website here: www.hobokenitalianfestival.com

What is the revenue of Hoboken Italian Festival Inc?

Hoboken Italian Festival Inc's revenue in 2022 was $189,698.


Official website here: www.hobokenitalianfestival.com

Who are the executives of Hoboken Italian Festival Inc and what are their salaries?


Here are 5 key members and their salaries:


Michael Freschi (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luigi Altamura (Festival Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gennaro Cappelletti (Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antonio Albanese (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Sciancalepore (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hobokenitalianfestival.com

Where can I find the form 990 for Hoboken Italian Festival Inc?

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


Official website here: www.hobokenitalianfestival.com

Learn more at the official website: www.hobokenitalianfestival.com

Mission Statement of Hoboken Italian Festival Inc

Hoboken Italian Festival Inc, as a nonprofit organization, is dedicated to fostering an understanding and appreciation of the cultural and religious heritage that originates from Molfetta, a town in southeast Italy. They achieve this objective by organizing a four-day festival and celebration, honoring the patron saint, Madonna di Martiri. The primary aim of this event is to showcase the customs, traditions, and religious practices associated with this town, providing guests with an immersive experience. Through entertainment, food, and tributes to the patron saint, the festival encourages the community to learn about and celebrate this rich heritage.

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Impact




October, 2024

Hoboken Italian Festival Inc plays a vital role in fostering cultural awareness and appreciation within the community. By organizing an annual four-day festival that celebrates the patron saint, Madonna di Martiri, the organization creates a vibrant atmosphere where attendees can engage with the rich cultural and religious heritage from Molfetta, Italy.

The festival serves as a platform for showcasing traditional customs, allowing guests to experience Italian cultural practices firsthand through entertainment, music, and culinary offerings. This celebration not only strengthens community bonds but also attracts visitors, thereby contributing to the local economy. Participants gain a deeper understanding of Italian traditions and values, enhancing the cultural fabric of Hoboken and enriching the community's diversity. Through this event, Hoboken Italian Festival Inc successfully promotes a sense of belonging and pride among residents while keeping the historical connections alive for future generations.




This information is meant to be a general summary of Hoboken Italian Festival 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
$189,698 (2022)
Expenses
$143,296 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $32
  • Program Service Revenue: $178,816
  • Gross Receipts: $200,548

Assets and Liabilities:

  • Total Assets: $336,523
  • Total Liabilities: $0
  • Net Assets: $336,523

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Programs

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

FESTIVAL INCOME - OTHER

Revenue

$140,444

GOLF OUTING INCOME

Revenue

$26,920

FESTIVAL INCOME - WINE

Revenue

$11,452

Organization Details

Principal Officer

Michael Freschi

Main Address

PO BOX 1546, HOBOKEN, NJ, 07030

NTEE Category

Code: N52 - Recreation

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