Nonprofit · EIN 59-2027560
THE ITALIAN AMERICAN CLUB OF VENICE INC
Tax-exempt · VENICE, FL 34284
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $338,611 | $256,224 | $82,387 | $490,263 | $15,205 | $475,058 |
| December 31, 2024 | 990 (amended) | $297,245 | $251,425 | $45,820 | $410,552 | $17,881 | $392,671 |
| December 31, 2024 | 990-EZ | $0 | – | – | $0 | – | $0 |
| December 31, 2023 | 990 | $248,085 | $226,581 | $21,504 | $350,076 | $3,225 | $346,851 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $39,148
- Membership dues
- $30,509
- Program service revenue
- $208,351
- Investment income
- $5,614
- Net income from fundraising events
- $85,498
- Other revenue
- $85,498
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $615
- Occupancy
- $64,291
- Depreciation
- $23,843
- Program services (functional)
- $241,327
- Management and general (functional)
- $14,897
Balance sheet and other
- Total assets, start of year
- $410,552
- Total assets, end of year
- $490,263
- Total liabilities, end of year
- $15,205
- Net assets, end of year
- $475,058
- Land, buildings and equipment
- $262,125
- Net assets without donor restrictions
- $475,058
- Gross receipts
- $513,205
- Employees
- 0
- Volunteers
- 20
- Year formed
- 1979
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANHONY MARCHESANO | Secretary Trustee or director, Officer | 8 | $0 |
| WILLIAM MEYERS | President Trustee or director, Officer | 8 | $0 |
| JOSEPHINE MIHALOPOULOS | Past President Trustee or director, Officer | 8 | $0 |
| LINDA FALCO | Treasurer Trustee or director, Officer | 20 | $0 |
| DAVID OKUN | Vice President Trustee or director, Officer | 10 | $0 |
| ROBERT ERRICO | Vice President Trustee or director, Officer | 8 | $0 |
| CHARLES STANZIALE | Secretary Trustee or director, Officer | 8 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANHONY MARCHESANO | Secretary Trustee or director, Officer | 8 | $0 |
| WILLIAM MEYERS | President Trustee or director, Officer | 8 | $0 |
| JOSEPHINE MIHALOPOULOS | Past President Trustee or director, Officer | 8 | $0 |
| LINDA FALCO | Treasurer Trustee or director, Officer | 20 | $0 |
| DEANNA HALL | Vice President Trustee or director, Officer | 10 | $0 |
| DAVID OKUN | Vice President Trustee or director, Officer | 10 | $0 |
| ALBERT MASSANTI | Secretary Trustee or director, Officer | 10 | $0 |
990-EZ for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANHONY MARCHESANO | Secretary | 8 | $0 |
| WILLIAM MEYERS | President | 8 | $0 |
| JOSEPHINE MIHALOPOULOS | Past President | 8 | $0 |
| LINDA FALCO | Treasurer | 20 | $0 |
| JOSEPH BIRD | Vice President | 10 | $0 |
| DAVID OKUN | Vice President | 10 | $0 |
| ALBERT MASSANTI | Secretary | 10 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANHONY MARCHESANO | Secretary Trustee or director, Officer | 8 | $0 |
| WILLIAM MEYERS | President Trustee or director, Officer | 8 | $0 |
| JOSEPHINE MIHALOPOULOS | Past President Trustee or director, Officer | 8 | $0 |
| LINDA FALCO | Treasurer Trustee or director, Officer | 20 | $0 |
| JOSEPH BIRD | Vice President Trustee or director, Officer | 10 | $0 |
| DAVID OKUN | Vice President Trustee or director, Officer | 10 | $0 |
| ALBERT MASSANTI | Secretary Trustee or director, Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1986, VENICE, FL 34284-1986
- Principal officer (990 for 2025)
- LINDA FALCO, PO BOX 1986, VENICE, FL 34284
- Signed the 990
- LINDA FALCO, Treasurer
- Phone
- (941) 486-1492
- Return prepared by
- HOUGH & COMPANY PA CPAS
Mission
TO RAISE FUNDS FOR QUALIFIED CHARITIES AND PERPETUATE ITALIAN TRADITIONS
Program accomplishments
- HOLD WEEKLY/PERIODIC MEETINGS TO ENCOURAGE EXCHANGE OF INFORMATION WITH MEMBERS WHICH PRESENTLY EXCEED SEVERAL HUNDRED LOCAL CITIZENS OF ALL AGES AND BACKGROUND. DISTRIBUTION OF PERIODIC NEWSLETTERS BY VOLUNTEERS.Expenses $258,878 · revenue $253,114
- SCHOLARSHIPS AND CHARITABLE GIVINGExpenses $17,000 · revenue $18,481
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 59-2027560
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1981
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $490,263
- Income (IRS master file)
- $513,205
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $338,611 | $256,224 | $490,263 | XML |
| 990 | December 2024 | $297,245 | $251,425 | $410,552 | IRS |
| 990-EZ | December 2024 | $0 | – | $0 | IRS |
| 990 | December 2023 | $248,085 | $226,581 | $350,076 | XML |
| 990 | December 2022 | $259,441 | $222,465 | $325,503 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-2027560).
Questions about THE ITALIAN AMERICAN CLUB OF VENICE INC
- What is the EIN of THE ITALIAN AMERICAN CLUB OF VENICE INC?
- The employer identification number (EIN) of THE ITALIAN AMERICAN CLUB OF VENICE INC is 59-2027560.
- Is THE ITALIAN AMERICAN CLUB OF VENICE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1981.
- Are donations to THE ITALIAN AMERICAN CLUB OF VENICE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does THE ITALIAN AMERICAN CLUB OF VENICE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE ITALIAN AMERICAN CLUB OF VENICE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE ITALIAN AMERICAN CLUB OF VENICE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of THE ITALIAN AMERICAN CLUB OF VENICE INC?
- The 990 for the year ended December 31, 2025 names LINDA FALCO.
- Who are the officers and directors of THE ITALIAN AMERICAN CLUB OF VENICE INC?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does THE ITALIAN AMERICAN CLUB OF VENICE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $338,611, expenses of $256,224 and total assets of $490,263 at year end.
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