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
-
$36,000
GENERAL SUPPORT
-
$30,000
GENERAL SUPPORT
-
LITTLE ITALY REDEVELOPMENT CORP
$25,000
GENERAL SUPPORT
-
$25,000
GENERAL SUPPORT
-
$17,412
GENERAL SUPPORT
-
$15,000
GENERAL SUPPORT
-
$15,000
GENERAL SUPPORT
-
$15,000
GENERAL SUPPORT
-
$10,000
GENERAL SUPPORT
-
$10,000
GENERAL SUPPORT
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.
The source document this was parsed from is served over the API, which is where bulk and document access live.