Form 990 for tax year 2024
Filed by LITTLE ITALY ASSOCIATION OF SAN DIEGO.
What the amendment changed
Compared with the return it replaced , filed 14 May 2026. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total liabilities, end of year
- $223,228 changed to $224,904
- Net assets or fund balances, end of year
- $716,345 changed to $714,669
Totals
- Total revenue
- $2,788,025
- Total expenses
- $2,990,589
- Contributions and grants received
- $1,774,188
- Grants paid
- $0
- Program service revenue
- $438,556
- Investment income
- $1,955
- Other revenue
- $573,326
- Total assets, end of year
- $939,573
- Total liabilities, end of year
- $224,904
- Net assets or fund balances, end of year
- $714,669
- Program services expenses (Part IX)
- $2,972,964
- Management and general expenses
- $17,625
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,972,964
Program services were 99.4% 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
$1,649,158
-
1e · Government grants (contributions)
$125,030
-
2a · Program service revenue: MAINTENANCE NON-ASSESSMEN
total $116,411 · related or exempt $116,411
-
2b · Program service revenue: PROGRAM INCOME
total $322,145 · related or exempt $322,145
-
3 · Investment income
total $1,955 · related or exempt $1,955
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$1,301,887
-
8b · Fundraising events: direct expenses
$728,561
-
8c · Net income from fundraising events
total $573,326
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $876,368 · program services $876,368
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $163,573 · program services $163,573
-
10 · Payroll taxes
total $71,149 · program services $71,149
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $16,027 · program services $16,027
-
11c · Fees: accounting
total $10,600 · program services $10,600
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $9,295 · program services $9,295
-
12 · Advertising and promotion
total $21,631 · program services $21,631
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $22,596 · program services $20,336 · management and general $2,260
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $20,207 · program services $18,186 · management and general $2,021
-
23 · Insurance
total $674 · program services $674
-
24a · Other expenses: PROGRAM DEVE. COMMUNITY EVENTS
total $708,566 · program services $708,566
-
24b · Other expenses: PROGRAM MANAGEMENT
total $387,931 · program services $387,931
-
24c · Other expenses: INSURANCE
total $150,062 · program services $150,062
-
24d · Other expenses: Utilities
total $78,419 · program services $70,577 · management and general $7,842
-
24e · All other expenses
total $453,491 · program services $447,989 · management and general $5,502
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $828,016 · end of year $439,051
-
2 · Savings and temporary cash investments
beginning of year $169,190 · end of year $138,190
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $42,644 · end of year $103,135
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$348,922
-
10b · Land, buildings and equipment: accumulated depreciation
$290,566
-
10c · Land, buildings and equipment, net
beginning of year $44,755 · end of year $58,356
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $324,516 · end of year $200,841
-
17 · Accounts payable and accrued expenses
beginning of year $149,750 · end of year $41,562
-
19 · Deferred revenue
beginning of year $33,569
-
23 · Secured mortgages and notes payable
beginning of year $144,336 · end of year $144,336
-
25 · Other liabilities
beginning of year $164,233 · end of year $39,006
-
27 · Net assets without donor restrictions
beginning of year $862,032 · end of year $693,468
-
28 · Net assets with donor restrictions
beginning of year $55,201 · end of year $21,201
Mission and programs · 2024
Mission
A public benefit non-profit organization dedicated to improve, promote, and foster the Little Italy district a 48 block area located in west downtown San Diego, through programs, events and activities. The organization represents businesses in the area as well as property owners and residents, in the areas of public safety, beautification, promotion and economic development in the community.
-
The organization represents businesses in the area as well as property owners and residents, in the areas of public safety, beautification, promotion and economic development in the community.
Expenses $2,972,964 · Grants $85,678 · Revenue $3,430,908
As filed on the 2024 return.
Listed in Part VII
-
CURT BROOKER
Director
- Total calculated
- $0
- Hours/week
- 2
-
VINCENZO BRUNO
Director
- Total calculated
- $0
- Hours/week
- 1
-
JOEY BUSALACCHI
Director
- Total calculated
- $0
- Hours/week
- 1
-
AUDREY HERMES
Director
- Total calculated
- $0
- Hours/week
- 1
-
LISA GERSON
Director
- Total calculated
- $0
- Hours/week
- 1
-
JERI KEILLER
Director
- Total calculated
- $0
- Hours/week
- 1
-
DINO CRESCI
Director
- Total calculated
- $0
- Hours/week
- 1
-
JUAN NUNEZ
Director
- Total calculated
- $0
- Hours/week
- 1
-
ROBERT PALADINO
Director
- Total calculated
- $0
- Hours/week
- 1
-
FATHER TABIGUE
Director
- Total calculated
- $0
- Hours/week
- 1
-
DAVID RODGER
Director
- Total calculated
- $0
- Hours/week
- 1
-
DOMENIC BRUNETTO
Director
- Total calculated
- $0
- Hours/week
- 1
-
JACOB GEDIS
Director
- Total calculated
- $0
- Hours/week
- 1
-
RYAN BLUM
Director
- Total calculated
- $0
- Hours/week
- 1
-
SALVATORE GIAMETTA
Director
- Total calculated
- $0
- Hours/week
- 1
-
RICH GUSTAFSON
Director
- Total calculated
- $0
- Hours/week
- 1
-
BRIJET MYERS
Director
- Total calculated
- $0
- Hours/week
- 1
-
JOE VECCHIO
Director
- Total calculated
- $0
- Hours/week
- 1
-
MAC GOODHART
Director
- Total calculated
- $0
- Hours/week
- 1
-
PASQUALE LOELE
Director
- Total calculated
- $0
- Hours/week
- 1
-
STEVEN GALASSO
President
- Total calculated
- $0
- Hours/week
- 2
-
ANNETTE CASEMERO
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
LUKE VINCI
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
LOU PALESTINI
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
BRYAN THOMPSON
Treasurer
- Total calculated
- $0
- Hours/week
- 1
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- IRS schema version
- 2024v5.2
- Source object
- 202632179349301233
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