Guglielmo Marconi Home Corp

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

EIN: 237183883 ✦ Islip, NY ✦ Designated as a 501(c)(2)

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Overview

What is Guglielmo Marconi Home Corp?

Guglielmo Marconi Home Corp serves as a real estate holding company, primarily focusing on managing the Guglielmo Marconi Lodge #2233 Osia. Their primary function involves collecting rent for this lodge while offering it for various purposes. As a nonprofit organization, their role is essential in maintaining the property and ensuring its availability for use by the Guglielmo Marconi Lodge #2233 Osia.

Is Guglielmo Marconi Home Corp legitimate?

Guglielmo Marconi Home Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. Guglielmo Marconi Home Corp 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

What is the mission statement of Guglielmo Marconi Home Corp?

Guglielmo Marconi Home Corp serves as a real estate holding company, primarily collecting rent for a specific organization, identified as the Guglielmo Marconi Lodge #2232 Osia. The company's primary function involves managing and leasing out the lodge for this organization. While the mission statement is not explicitly stated, it can be inferred that Guglielmo Marconi Home Corp supports the operations of the Guglielmo Marconi Lodge #2232 Osia by providing adequate living spaces through its real estate holding activities. The company's mission, in essence, is to facilitate the operations of the lodge by providing appropriate housing solutions.

What is the revenue of Guglielmo Marconi Home Corp?

Guglielmo Marconi Home Corp's revenue in 2023 was $81,796.

Who are the executives of Guglielmo Marconi Home Corp and what are their salaries?

Here are 8 key members and their salaries:


Robert Necci (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Lange (Correspondence Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Canestro (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Canestro (Director Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Duca (Director Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Desano (Director Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Zottola (Director Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Spiezo (Director Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Guglielmo Marconi Home Corp?

Guglielmo Marconi Home Corp's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Guglielmo Marconi Home Corp

Guglielmo Marconi Home Corp serves as a real estate holding company, primarily focused on managing rentals for the Guglielmo Marconi Lodge #2232 Osia. In essence, this nonprofit organization's mission is to provide suitable living spaces for the lodge, ensuring a steady income stream for its operations. Through its renting programs, Guglielmo Marconi Home Corp plays a crucial role in maintaining the lodging facilities for the Guglielmo Marconi Lodge #2232 Osia, thereby contributing to its overall well-being. The nonprofit's activities primarily revolve around managing and maintaining the property, ensuring it remains in excellent condition for the lodge's use.

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Impact




October, 2024

Guglielmo Marconi Home Corp plays a significant role in the community by managing real estate that benefits the Guglielmo Marconi Lodge #2232 OSIA. By functioning as a real estate holding company, it ensures the maintenance and rental of facilities that serve as a gathering place for members and the local community. The rental activities generate revenue that can be reinvested into community programs or improvements, fostering a sense of local identity and connection among residents. Additionally, the facility serves as a venue for events and activities, promoting cultural engagement and community cohesion. Overall, its efforts support not only the lodge but also enhance community life in Islip, NY.




This information is meant to be a general summary of Guglielmo Marconi Home Corp. 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
$81,796 (2023)
Expenses
$99,647 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $3,493
  • Program Service Revenue: $76,925
  • Gross Receipts: $261,638

Assets and Liabilities:

  • Total Assets: $520,971
  • Total Liabilities: $0
  • Net Assets: $520,971

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Programs

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

RENTAL OF LODGE

Revenue

$76,925

Organization Details

Founding Year

1972

Principal Officer

Robert Necci

NTEE Category

Code: S47 - Community improvement

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