Nonprofit · EIN 76-0385986
ITALY-AMERICA CHAMBER OF COMMERCE OF TEXAS INC
Tax-exempt · HOUSTON, TX 77008
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $621,160 | $610,811 | $10,349 | $280,818 | $2,159 | $278,659 |
| December 31, 2023 | 990 | $655,938 | $620,794 | $35,144 | $273,477 | $5,167 | $268,310 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $209,637
- of which government grants
- $126,669
- Membership dues
- $81,259
- Program service revenue
- $411,523
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $105,000
- Other salaries and wages
- $224,107
- Salaries, compensation and benefits (total)
- $357,557
- Professional fundraising fees
- $0
- Legal fees
- $7,413
- Occupancy
- $43,142
- Travel
- $25,846
Balance sheet and other
- Total assets, start of year
- $273,477
- Total assets, end of year
- $280,818
- Total liabilities, end of year
- $2,159
- Net assets, end of year
- $278,659
- Land, buildings and equipment
- $14,542
- Net assets without donor restrictions
- $278,659
- Gross receipts
- $621,160
- Employees
- 5
- Volunteers
- 15
- Year formed
- 1992
- State of legal domicile
- TX
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alessia Paolicchi | Executive Dir. Trustee or director, Officer | 40 | $105,000 |
| Brando Ballerini | President Trustee or director | 2 | $0 |
| Roberto Noce | Vice President Trustee or director | 1 | $0 |
| Mario Schiavo | Trustee Trustee or director | 1 | $0 |
| Angelo Ferrari | Trustee Trustee or director | 1 | $0 |
| Massimiliano Tosi | Trustee Trustee or director | 1 | $0 |
| Paolo Valente | Trustee Trustee or director | 1 | $0 |
| Carlo Di Nunzio | Trustee Trustee or director | 1 | $0 |
| Mauro Lorenzini | Trustee Trustee or director | 1 | $0 |
| Filippo Spezzapria | Trustee Trustee or director | 0 | $0 |
| Niccolo Lorimer | Trustee Trustee or director | 0 | $0 |
| Frank Cerza | Treasurer Trustee or director | 0 | $0 |
| Andrea Benedetti | Trustee Trustee or director | 0 | $0 |
| Fabrizio Giustarini | Trustee Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alessia Paolicchi | Executive Dir. Trustee or director, Officer | 40 | $93,598 |
| Brando Ballerini | President Trustee or director | 2 | $0 |
| Roberto Noce | Vice President Trustee or director | 1 | $0 |
| Mario Schiavo | Trustee Trustee or director | 1 | $0 |
| Angelo Ferrari | Trustee Trustee or director | 1 | $0 |
| Massimiliano Tosi | Trustee Trustee or director | 1 | $0 |
| Paolo Valente | Trustee Trustee or director | 1 | $0 |
| Carlo Di Nunzio | Trustee Trustee or director | 1 | $0 |
| Mauro Lorenzini | Trustee Trustee or director | 1 | $0 |
| Filippo Spezzapria | Trustee Trustee or director | 0 | $0 |
| Niccolo Lorimer | Trustee Trustee or director | 0 | $0 |
| Frank Cerza | Treasurer Trustee or director | 0 | $0 |
| Andrea Benedetti | Trustee Trustee or director | 0 | $0 |
| Fabrizio Giustarini | Trustee Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1225 NORTH LOOP W STE 450, HOUSTON, TX 77008-1795
- In care of
- % GEORGE CAFLISCH
- Principal officer (990 for 2024)
- Alessia Paolicchi, 1225 N Loop W 450, Houston, TX 77008
- Signed the 990
- Alessia Paolicchi, Executive Director
- Phone
- (713) 626-9303
- Website
- www.iacctexas.com/
- Return prepared by
- Arnold McAdams CPA LLC
Mission
The Italy America Chamber of Commerce of Texas promotes trade relations between businesses in Italy and the United States with particular focus on Texas
Program accomplishments
- Conducting business fairs for Italian companies to make network connections in the US and to enable US companies to network with Italian companies.Expenses $364,466 · revenue $338,051
- Conducting trade missions between Texas and ItalyExpenses $70,588 · revenue $63,690
- Business servicesExpenses $9,782 · revenue $9,782
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 | Not 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
- 76-0385986
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1993
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $280,818
- Income (IRS master file)
- $621,160
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $621,160 | $610,811 | $280,818 | IRS |
| 990 | December 2023 | $655,938 | $620,794 | $273,477 | XML |
| 990 | December 2022 | $614,475 | $639,697 | $248,446 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 76-0385986).
Questions about ITALY-AMERICA CHAMBER OF COMMERCE OF TEXAS INC
- What is the EIN of ITALY-AMERICA CHAMBER OF COMMERCE OF TEXAS INC?
- The employer identification number (EIN) of ITALY-AMERICA CHAMBER OF COMMERCE OF TEXAS INC is 76-0385986.
- Is ITALY-AMERICA CHAMBER OF COMMERCE OF TEXAS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1993.
- Are donations to ITALY-AMERICA CHAMBER OF COMMERCE OF TEXAS INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ITALY-AMERICA CHAMBER OF COMMERCE OF TEXAS 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 ITALY-AMERICA CHAMBER OF COMMERCE OF TEXAS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ITALY-AMERICA CHAMBER OF COMMERCE OF TEXAS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ITALY-AMERICA CHAMBER OF COMMERCE OF TEXAS INC?
- The 990 for the year ended December 31, 2024 names Alessia Paolicchi.
- Who are the officers and directors of ITALY-AMERICA CHAMBER OF COMMERCE OF TEXAS INC?
- The 990 for the year ended December 31, 2024 lists 14 people; 1 received compensation from the organization, the highest $105,000 (Alessia Paolicchi, Executive Dir.).
- How much revenue does ITALY-AMERICA CHAMBER OF COMMERCE OF TEXAS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $621,160, expenses of $610,811 and total assets of $280,818 at year end.
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