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Nonprofiteer
← NOIA FOUNDATION

Form 990 for tax year 2024

Filed by NOIA FOUNDATION.

Totals

Total revenue
$961,958
Total expenses
$580,547
Contributions and grants received
$437,819
Grants paid
$243,412
Program service revenue
$0
Investment income
$557,862
Other revenue
-$33,723
Total assets, end of year
$6,638,455
Total liabilities, end of year
$24,951
Net assets or fund balances, end of year
$6,613,504
Program services expenses (Part IX)
$461,865
Management and general expenses
$82,388
Fundraising expenses
$36,294
Program service expenses (Part III)
$461,865

Program services were 79.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $377,403

  • 1c · Fundraising events

    $5,416

  • 1f · All other contributions, gifts and grants

    $55,000

  • 3 · Investment income

    total $102,417 · excluded $102,417

  • 6a · Gross rents

    real property $13,524

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $13,524

  • 6d · Net rental income or loss

    total $13,524 · excluded $13,524

  • 7a · Gross sales of assets other than inventory

    securities $1,340,364

  • 7b · Less cost or other basis and sales expenses

    securities $884,919

  • 7c · Gain or loss

    securities $455,445

  • 7d · Net gain or loss

    total $455,445 · excluded $455,445

  • 8a · Fundraising events: gross income

    $129,051

  • 8a · Fundraising events: contributions included on line 1c

    $5,416

  • 8b · Fundraising events: direct expenses

    $176,298

  • 8c · Net income from fundraising events

    total -$47,247 · excluded -$47,247

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $243,412 · program services $243,412

  • 11c · Fees: accounting

    total $4,975 · management and general $4,975

  • 11f · Fees: investment management

    total $192 · management and general $192

  • 12 · Advertising and promotion

    total $66,204 · program services $66,204

  • 13 · Office expenses

    total $40,168 · program services $4,874 · management and general $35,294

  • 16 · Occupancy

    total $53,233 · program services $53,233

  • 19 · Conferences, conventions and meetings

    total $47,586 · program services $47,586

  • 23 · Insurance

    total $5,633 · management and general $5,633

  • 24a · Other expenses: PROFESSIONAL SERVICES

    total $103,697 · program services $31,109 · management and general $36,294 · fundraising $36,294

  • 24b · Other expenses: MEMBERSHIP FEES

    total $5,468 · program services $5,468

  • 24c · Other expenses: INDEPENDENT CONTRACTOR

    total $5,250 · program services $5,250

  • 24d · Other expenses: MEMBERSHIP EXPENSE

    total $4,104 · program services $4,104

  • 24e · All other expenses

    total $625 · program services $625

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $25,213 · end of year $45,507

  • 11 · Investments: publicly traded securities

    beginning of year $5,948,828 · end of year $6,482,691

  • 12 · Investments: other securities

    beginning of year $266,469 · end of year $110,257

  • 17 · Accounts payable and accrued expenses

    beginning of year $8,690 · end of year $24,951

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $6,231,820 · end of year $6,613,504

Mission and programs · 2024

Mission

TO PRESERVE AND ENHANCE OUR ITALIAN CULTURE AND HISTORY; TO DEVELOP UNITY AND GOODWILL IN OUR COMMUNITY AND TO SUPPORT INITIATIVES ASSOCIATED WITH THE PERPETUATION OF THE ITALIAN AMERICAN HERITAGE, CULTURE, IDEALS, AND VALUES.

Activities or mission (Part I)

TO SUPPORT AND INITIATE PROGRAMS AND PROJECTS WITH GROUPS ASSOCIATED WITH (CONTINUED ON SCHEDULE O)THE PERPETUATION OF ITALIAN AMERICAN CULTURE AND IDEALS.

  • EVENTS ARE AN IMPORTANT ASPECT OF THE FOUNDATION. FOOD, FRIENDS AND BREAKING BREAD IS WHAT WE EXCEL IN. RELATIONSHIPS ARE PART OF WHO WE ARE. JULY 15 - ANNUAL GOLF OUTING 108 GOLFERS PARTICIPATED IN OUR OUTING AT SANDRIDGE GOLF CLUB. THE AFTERNOON WAS GREAT- CLEAR AND SUNNY- A PERFECT DAY FOR GOLF. WE WERE ABLE TO RAISE $21,000 FOR ARCHBISHOP HOBAN- ONE OF OUR FIRST SCHOOLS IN THE LEGACY PROGRAM.JULY 23- NEW MEMBERS RECEPTION21 OUT OF 35 NEW MEMBERS JOINED US FOR LUNCH AND WERE WELCOMED TO NOIA AT CHAIRMAN UMBERTO FEDELI'S OFFICE. AUGUST 22- BOCCE NIGHT 70 PEOPLE ATTENDED OUR ANNUAL BOCCE NIGHT AT THE ALTA HOUSE IN LITTLE ITALY. IT WAS A FUN NIGHT OF COMPETITION, LAUGHTER AND PIZZA FROM MAXI'S. TEAM SPITALIERI/ PECA WON THE TOURNAMENT.SEPTEMBER 26- ANNUAL MEETING AND DINNER 120 MEMBERS ATTENDED OUR ANNUAL MEETING HELD AT SHOREBY. WE SHARED OUR SCHOLARSHIP UPDATE, THE LAUNCH OF CONSTRUCTION PROJECT AT OUR NEW HEADQUARTERS, AND THE START OF OUR PLANNED GIVING PROGRAM. WE ALSO HAD A MEMBER OF OUR SENIOR CLASS ALYSSA SPEAK TO THE MEMBERS ON THE IMPORTANCE OF THE SCHOLARSHIP PROGRAM. OCTOBER 14 - COLUMBUS DAY 50 PROUD ITALIAN AMERICANS FEASTED TOGETHER ON NIDO ITALIA'S PATIO FOR OUR TRADITIONAL COLUMBUS DAY LUNCHEON IN LITTLE ITALY, FOLLOWING THE ANNUAL PARADE. WE ALSO HAD A FLOAT IN THE PARADE WHERE WE PASSED OUT LIMONCELLO OCTOBER 29- MEET AND GREET 20 MEMBERS AND 10 PROSPECTIVE MEMBERS GATHERED ON THE PATIO OF MAXI'S TO MEET CURRENT MEMBERS AND TO HEAR MORE ABOUT THE FOUNDATION. WE WELCOMED 2 NEW MEMBERS TO THIS EVENT. NOVEMBER 14- A CONVERSATION WITH JIM MIRGLIOTTA29 MEMBERS GATHERED AT OUR CURRENT HEADQUARTERS TO SIT DOWN WITH LONG-TIME MEMBER JIM MIRGLIOTTA AND HEAR FROM HIM ON THE HISTORY OF HIS COMPANY AND HIS LIFE STORY.DECEMBER 12 - PIER W CHRISTMAS PARTY 208 GUESTS CELEBRATED THE HOLIDAY SEASON AT PIER W FOR OUR ANNUAL EVENT ONE OF THE FOUNDATION'S FAVORITES.JANUARY 23 - COOKING WITH ANTHONY15 COUPLES JOINED US FOR A VIRTUAL COOKING CLASS WITH ANTHONY QUAGLIATA. THE ONLINE ZOOM EVENT INCLUDED SOME GREAT RECIPES AND OUR FAVORITE CHEESE DISHES FROM MICELI'S DAIRY COMPANY.MARCH 6- KENT STATE LECTURE20 MEMBERS GATHERED AT LOCKKEEPER TO HEAR A TALK ON LIFE IN FLORENCE. WE ALSO HAD A MEMBER SHARE HER EXPERIENCE WITH THE PROGRAM. MARCH 8- LA FESTA DELLA DONNA 35 WOMEN OF NOIA CELEBRATED INTERNATIONAL WOMEN'S DAY AT MICELI DAIRY COMPANIES. THE EVENT INCLUDED A WINE TASTING FROM BACI WINERY AND 3 LADIES FROM NOIA SPEAK ON THEIR EXPERIENCES IN THE WORK FORCE (SPECIALLY MANUFACTURING AND ESTATE PLANNING) APRIL 10 - PROSPECT EVENT 40 GUESTS GATHERED AT MAXI'S IN LITTLE ITALY TO DISCUSS NOIA AND MEET PROSPECTIVE MEMBERS OF THE FOUNDATION. WE ARE HAPPY TO HAVE WELCOMED 1 NEW MEMBER.APRIL 24- AMARO TASTING 27 MEMBERS ATTENDED A NEW EVENT AT CENT ANNI A NEW BUSINESS IN LITTLE ITALY. MEMBERS ENJOYED A PAIRING OF AMARO'S WITH FOOD AND AN EXPLANATION OF THE DIFFERENCES MAY 13- A CONVERSATION WITH JOHN LANGER 30 MEMBERS GATHERED AT MEMBER JOHN LANGERS OFFICE TO HEAR ABOUT HIS COMPANY AND HOW HE STARTED. MAY 22- AMICI DINNER 30 MEMBERS JOINED US AT LAGO IN THE FLATS FOR DINNER WITH OUR AMICI'S. THIS IS ANOTHER WAY FOR OUR NEW MEMBERS TO CONNECT WITH THE MEMBERSHIP AND MEET OTHERS FROM THE FOUNDATION. JUNE 10- SENIOR SEND OFF 18 MEMBERS AND FAMILIES OF OUR FIRST GRADUATION SENIORS JOINED US AT THE UNION CLUB FOR A COCKTAIL RECEPTION TO SEND THEM OFF TO COLLEGE AND SHARE OUR GRATITUDE JUNE 18TH - SCHOLARSHIP DINNER 72 PEOPLE GATHERED AT LOCKKEEPERS TO SHARE OUR FRESHMAN DINNER AND TO HEAR FROM THEM ON THEIR FIRST YEAR. WE HAVE 15 STUDENTS COMPLETING THEIR FIRST YEAR. ALL EVENTS ARE PROMOTED ON OUR SOCIAL MEDIA AND WEBSITE. VISIT OUR PAGES FOR PHOTOS FROM THESE EVENTS.

    Expenses $218,453

  • IN FISCAL 2024, WE ENTERED OUR THIRD YEAR OF THE LEGACY FUND. THE PURPOSE OF THIS FUND ALLOWS PHILANTHROPIC DOLLARS AND VOLUNTEER OUTREACH TO GO DIRECTLY TOWARDS SUPPORTING AND PRESERVING GREATER CLEVELAND'S MOST VISIBLE AND VITAL PILLARS OF OUR ITALIAN AMERICAN HERITAGE. THE FIRST PILLAR IS OUR ITALIAN PARISHES. OUR FUND SUPPORTED HOLY REDEEMER, HOLY ROSARY, OUR LADY OF MT. CARMEL, AND ST. ROCCO. BELOW SUMMARIZES HOW THE PARISHES ALLOCATED THEIR GIFTED MONEY: HOLY REDEEMER: 100TH ANNIVERSARY CELEBRATIONS OF THE PARISH.(CONTINUED ON SCHEDULE O)HOLY ROSARY: NEW AIR CONDITIONING AND REPAIRS TO THE HEATING SYSTEM BOILER PIPES. OUR LADY OF MT. CARMEL: CHURCH PARKING LOT REPAIRS.ST. ROCCO: SECURITY SYSTEM FOR THE DAILY MASS AND UPDATES TO PARISH OFFICE MONITORS. THE SECOND PILLAR IS OUR HIGH SCHOLARSHIP PROGRAM. WE OFFER OUR LEADERSHIP SCHOLARSHIP TO ITALIAN AMERICAN STUDENTS WHO DEMONSTRATE A PASSION FOR GIVING BACK, HELPING OTHERS, AND TAKING AN ACTIVE ROLE IN ENSURING OUR LOCAL ITALIAN AMERICAN COMMUNITY CONTINUES TO THRIVE. OUR 4 YEARS/$5,000 ANNUAL AND RENEWABLE SCHOLARSHIP ENCOURAGES EDUCATIONAL ACHIEVEMENT, CULTURAL EXPERIENCES, LEADERSHIP, AND SERVICE-VALUES THAT ARE IMPORTANT TO NOIA AND THE ITALIAN AMERICAN COMMUNITY. WE HAVE STUDENT RECIPIENTS FROM ARCHBISHOP HOBAN, ELYRIA CATHOLIC, PADUA FRANCISCAN, ST. IGNATIUS, NDCL, SAINT VINCENT SAINT MARY, SAINT JOSEPH ACADEMY AND WALSH JESUIT HIGH SCHOOLS.IN OUR JUNIOR AND SOPHOMORE CLASSES HAVE FOUR STUDENTS EACH. OUR FRESHMEN CLASS HAS NINE STUDENTS. THE THIRD PILLAR IS CLEVELAND'S LITTLE ITALY. WE ARE CONTINUING TO REINVEST IN OUR LOCAL AND HISTORICAL ITALIAN NEIGHBORHOOD. WE ARE DEDICATED TO ENSURING SAFE SURROUNDINGS FOR OUR VISITORS AND WANT TO SEE A THRIVING ENVIRONMENT FOR A PLACE THAT MANY NATIVE ITALIANS CALL HOME. DOLLARS WERE USED FOR OUR BEAUTIFICATION OF THE NEIGHBORHOOD AND EXECUTING DECISIONS FOR THE AREA. THE FOURTH PILLAR IS OUR RESPONSIVE GRANTS. THESE GRANTS SEEK TO ADVANCE ITALIAN INFLUENCED ARTISTIC AND COMMUNITY VENTURES THAT ALIGN WITH OUR MISSION. THIS YEAR WE WERE ABLE TO SUPPORT TOBAR MEDIEVAL - A SMALL BAND OF VOICES AND INSTRUMENTS DEDICATED TO BRINGING MEDIEVAL MUSIC TO MODERN AUDIENCES.

    Expenses $243,412 · Grants $243,412

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • AL SALVATORE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • NICHOLAS ALEXANDER

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    0
  • MICHAEL FEDELI

    ASSOCIATE

    Total calculated
    $0
    Hours/week
    0
  • VINCE GRAVINO

    ASSOCIATE

    Total calculated
    $0
    Hours/week
    0
  • JOHN LANGER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • RON CORDARO

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    0
  • CLAIRE ROSACCO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • JULIUS CIACCIA

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0
  • ALDO FILIPPELLI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • LORRAINE DODERO

    SECRETARY

    Total calculated
    $0
    Hours/week
    0
  • UMBERTO P FEDELI

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0
  • LISA GIGANTI

    EXECUTIVE COMMITTEE

    Total calculated
    $0
    Hours/week
    0
  • BRYAN DARVIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • ANGELO LAPERNA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • DAVID LAPUMA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • ALICIA MAZZI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • SEAN MELLINO

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • GINA VERNACI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • CHRIS EVANS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • JAMES PILLA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • SEAN WENGER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • MARK PANZICA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
16 October 2025
IRS schema version
2024v5.2
Source object
202542979349301019

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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