Skip to content
Nonprofiteer
← OHIO ISDA COMMUNITY FOUNDATION INC

Form 990 for tax year 2024

Filed by OHIO ISDA COMMUNITY FOUNDATION INC.

Totals

Total revenue
$117,228
Total expenses
$340,799
Contributions and grants received
$0
Grants paid
$300,500
Program service revenue
$0
Investment income
$117,228
Other revenue
$0
Total assets, end of year
$4,282,172
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$4,282,172
Program services expenses (Part IX)
$340,799
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$340,799

Program services were 100.0% 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.

  • 3 · Investment income

    total $117,260 · related or exempt $117,260

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $85,060

  • 7c · Gain or loss

    securities $85,060

  • 7d · Net gain or loss

    total -$32 · related or exempt -$32

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $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 $300,500 · program services $300,500

  • 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 $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $1,700 · program services $1,700

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $10,586 · program services $10,586

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $26,000 · program services $26,000

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $1,361 · program services $1,361

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $640 · program services $640

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $0

  • 24a · Other expenses: BANK FEES

    total $12 · program services $12 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $243,904 · end of year $63,703

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $3,826,178 · end of year $4,218,469

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $0

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $4,070,082 · end of year $4,282,172

  • 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 $0 · end of year $0

Mission and programs · 2024

Mission

THE PURPOSE OF THE ORGANIZATION IS TO PROMOTE, ENCOURAGE AND ENGAGE IN ACTIVITIES THAT FOSTER AWARENESS, EDUCATES WITHIN THE COMMUNITY AT LARGE THE ITALIAN AND ITALIAN-AMERICAN CULTURE, RECREATION, LANGUAGE, EDUCATION, TRADITION, AND HISTORY FOR THE PROMOTION OF SOCIAL WELFARE. TO PROMOTE EDUCATION BY PROVIDING SCHOLARSHIPS, GRANTS OR OTHER FUNDING OR SERVICES TO QUALIFIED STUDENTS AND ORGANIZATIONS.TO WORK IN CONCERT WITH THE ORDER ITALIAN SONS AND DAUGHTERS, OHIO DISTRICT NON-PROFIT CORPORATION, AND TO PROMOTE GOALS AND PROJECTS OF SUCH ORGANIZATION FOR THE PROMOTION OF SOCIAL WELFARE IN THE COMMUNITY AT LARGE, AND IN FURTHERANCE OF THE PURPOSES OF THE CORPORATION.

Activities or mission (Part I)

TO PROMOTE ACTIVITIES THAT FOSTER AWARENESS, EDUCATES THE COMMUNITY ABOUT THE ITALIAN & ITALIAN-AMERICAN CULTURE WITH LANGUAGE, EDUCATION, TRADITION, AND HISTORY.

  • TO PROMOTE, ENCOURAGE AND ENGAGE IN ACTIVITIES THAT FOSTER AWARENESS WITHIN THE COMMUNITY AT LARGE OF THE ITALIAN AND ITALIAN-AMERICAN CULTURE, RECREATION, LANGUAGE, EDUCATION, TRADITION AND HISTORY FOR THE PROMOTION OF SOCIAL WELFARE.

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

Listed in Part VII

  • BASIL RUSSO

    OFFICER

    Total calculated
    $0
    Hours/week
    0

  • MARIE FRANK

    OFFICER

    Total calculated
    $0
    Hours/week
    0

  • ELAINE CORELLO

    OFFICER

    Total calculated
    $0
    Hours/week
    0

  • WILLIAM D'AMICO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • ROGER BEYER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • JOSEPH ROSALINA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • ROSE MARIE D'AMICO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • NORMAN LAKATOS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • LINDA LAKATOS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • PHYLLIS LOPARDO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • JUDY ADAM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • DAN RICCI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • NICK MARCONI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • MARY FERRANTE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • GABRIELLA ROSALINA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • LAURA LUPICA

    DIRECTOR

    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
30 April 2025
IRS schema version
2024v5.1
Source object
202511329349304761

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.