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Nonprofiteer
← ITALIAN CENTER OF STAMFORD INC

Form 990 for tax year 2025

Filed by ITALIAN CENTER OF STAMFORD INC.

Totals

Total revenue
$9,671,178
Total expenses
$9,598,434
Contributions and grants received
$3,966,531
Grants paid
$0
Program service revenue
$5,550,633
Investment income
$82,814
Other revenue
$71,200
Total assets, end of year
$9,837,205
Total liabilities, end of year
$5,780,253
Net assets or fund balances, end of year
$4,056,952
Program services expenses (Part IX)
$7,591,375
Management and general expenses
$2,007,059
Fundraising expenses
$0
Program service expenses (Part III)
$7,591,375

Program services were 79.1% 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

    $3,777,861

  • 1f · All other contributions, gifts and grants

    $188,670

  • 2a · Program service revenue: DAY CAMP & PRESCHOOL

    total $3,112,956 · related or exempt $3,112,956

  • 2b · Program service revenue: BANQUET FACILITIES

    total $2,437,677 · unrelated business $2,437,677

  • 3 · Investment income

    total $82,814 · excluded $82,814

  • 6a · Gross rents

    real property $71,200

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $71,200

  • 6d · Net rental income or loss

    total $71,200 · excluded $71,200

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $4,720,205 · program services $4,015,668 · management and general $704,537

  • 9 · Other employee benefits

    total $239,597 · program services $209,427 · management and general $30,170

  • 10 · Payroll taxes

    total $358,872 · program services $324,295 · management and general $34,577

  • 11g · Fees: other

    total $29,289 · program services $16,447 · management and general $12,842

  • 12 · Advertising and promotion

    total $221,254 · program services $221,254

  • 13 · Office expenses

    total $505,468 · program services $466,708 · management and general $38,760

  • 14 · Information technology

    total $94,316 · program services $20,376 · management and general $73,940

  • 16 · Occupancy

    total $1,445,878 · program services $791,861 · management and general $654,017

  • 17 · Travel

    total $11,693 · program services $152 · management and general $11,541

  • 20 · Interest

    total $170,798 · program services $164,401 · management and general $6,397

  • 22 · Depreciation, depletion and amortization

    total $360,570 · program services $26,187 · management and general $334,383

  • 23 · Insurance

    total $194,142 · program services $161,304 · management and general $32,838

  • 24a · Other expenses: CATERING EXPENSES

    total $606,717 · program services $606,291 · management and general $426

  • 24b · Other expenses: CHARITABLE CONTRIBUTION

    total $227,240 · program services $223,200 · management and general $4,040

  • 24c · Other expenses: GENERAL OPERATING EXPEN

    total $200,559 · program services $131,968 · management and general $68,591

  • 24d · Other expenses: POOL EXPENSE

    total $159,370 · program services $159,370 · management and general $0

  • 24e · All other expenses

    total $52,466 · program services $52,466

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $366,340 · end of year $605,292

  • 2 · Savings and temporary cash investments

    beginning of year $1,951,595 · end of year $1,933,281

  • 4 · Accounts receivable

    beginning of year $90,410 · end of year $213,198

  • 8 · Inventories for sale or use

    beginning of year $25,057 · end of year $26,662

  • 9 · Prepaid expenses and deferred charges

    beginning of year $17,125 · end of year $17,514

  • 10a · Land, buildings and equipment: cost or other basis

    $13,549,380

  • 10b · Land, buildings and equipment: accumulated depreciation

    $6,508,122

  • 10c · Land, buildings and equipment, net

    beginning of year $6,830,763 · end of year $7,041,258

  • 17 · Accounts payable and accrued expenses

    beginning of year $307,538 · end of year $396,504

  • 23 · Secured mortgages and notes payable

    beginning of year $4,280,696 · end of year $4,161,566

  • 25 · Other liabilities

    beginning of year $708,848 · end of year $1,222,183

  • 27 · Net assets without donor restrictions

    beginning of year $3,984,208 · end of year $4,056,952

Mission and programs · 2025

Mission

CHARITABLE, RECREATIONAL, EDUCATIONAL AND CULTURAL FUNCTIONS

Activities or mission (Part I)

THE ORGANIZATION PROVIDES EDUCATIONAL, RECREATIONAL, CHARITABLE, CULTURAL AND SOCIAL PROGRAMS AND FACILITIES TO MEMBERS AND THE GENERAL PUBLIC.

  • SUMMER CAMP AND PRESCHOOL - SUMMER CAMP FOR AGES 3 TO 12 YEARS OLD ALLOW YOUNG CHILDREN TO DEVELOP, GROW AND LEARN WHILE HAVING FUN. FULL AND HALF DAY PROGRAMS ARE OFFERED. THE FULLY LICENSED PRESCHOOL PROVIDES 3 AND 4 YEAR OLD CHILDREN WITH A GREAT ENVIRONMENT FOR BOTH LEARNING AND PLAY.

    Expenses $2,506,783

  • BANQUET AND FUNCTIONS - EVENT FUNCTION SPACE AND RESOURCES ARE AVAILABLE TO THE MEMBERS AND THE PUBLIC. THIS PROGRAM EXISTS TO STRENGTHEN MEMBER AND COMMUNITY RELATIONSHIPS BY SUPPORTING SHARED CONNECTIONS RELATED TO OUR MISSION. THROUGH THE DONATION OF IN-KIND GOODS AND SERVICES TO OTHER NON-PROFITS-SUCH AS EVENT SPACE, CATERING, AND OTHER RESOURCES-WE ALLOW NON-PROFIT ORGANIZATIONS TO REDUCE EVENT COSTS AND DIRECT MORE RESOURCES TOWARD THEIR PROGRAMS AND SERVICES BENEFITING THE COMMUNITY AT LARGE.

    Expenses $2,202,628

  • ATHLETIC AND RECREATIONAL PROGRAMS - THE ITALIAN CENTER PROVIDES A VARIETY OF ATHLETIC AND RECREATIONAL PROGRAMS...SWIM LESSONS, EXERCISE AND TRAINING CLASSES, AFTER SCHOOL PROGRAMS FOR CHILDREN, TENNIS CLINICS AND LESSONS, PLATFORM TENNIS CLINICS. PROGRAMS ARE PROVIDED THROUGHOUT THE YEAR. TOTAL PROGRAM PARTICIPATION WAS 2,800 MEMBERS.

    Expenses $2,881,964

As filed on the 2025 return.

Listed in Part VII

  • Jeffrey J Salvatore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Dr Michael L Sabia Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Manuel W Vetti Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Carmine V Longo Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Vincent Rosa

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Louis Cavaliere

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Gina Blum

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Jackie Cameron

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Evan Corsello

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Matthew Rende

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • James Rubino

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Cristina Andreana

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Joseph Coppola

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Chris Garozzo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Stepanie Horn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Joseph J Fiorito

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Matthew V Shoztic

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Adrianna Rosner

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Alan Edwards

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Jonathan Hoch

    EXECUTIVE DIRECTOR

    Total calculated
    $241,538
    From this org
    $241,538
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $241,538
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $241,538
  • Chris Marrero

    CATERING DIRECTOR

    Total calculated
    $162,872
    From this org
    $162,872
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,872
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $162,872
  • Brian Wright

    SPORTS DIRECTOR

    Total calculated
    $116,037
    From this org
    $116,037
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Erik Cohen

    EXECUTIVE CHEF

    Total calculated
    $127,611
    From this org
    $127,611
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Keven O'Brien

    FACILITIES DIRECTOR

    Total calculated
    $112,813
    From this org
    $112,813
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Thomas Balestracci

    ASST GENERAL MANAGER

    Total calculated
    $111,172
    From this org
    $111,172
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Patti Dattilo

    EDUCATION STATION DIRECTOR

    Total calculated
    $106,512
    From this org
    $106,512
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Adriana Aldrich

    CONTROLLER

    Total calculated
    $104,277
    From this org
    $104,277
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2025
Filed
12 August 2026
IRS schema version
2025v4.2
Source object
202602299349301650

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