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Nonprofit · EIN 88-6004596

ITALIAN AMERICAN CLUB OF SOUTHERN

Tax-exempt · LAS VEGAS, NV 89104

Financials

$1M$940K2023$1M$1M2024
Revenue Expenses · by fiscal year end
Financials of ITALIAN AMERICAN CLUB OF SOUTHERN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,026,828$1,039,961-$13,133$761,963$255,163$506,800
December 31, 2023990$1,019,426$940,011$79,415$782,425$261,780$520,645
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$36,756
Membership dues
$36,322
Program service revenue
$0
Investment income
$13,774
Net rental income
$37,077
Net income from sales of inventory
$939,221
Other revenue
$976,298

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$13,440
Depreciation
$35,394
Management and general (functional)
$1,039,961

Balance sheet and other

Total assets, start of year
$782,425
Total assets, end of year
$761,963
Total liabilities, end of year
$255,163
Net assets, end of year
$506,800
Land, buildings and equipment
$313,599
Publicly traded securities
$1,541
Gross unrelated business income
$37,077
Gross receipts
$3,056,069
Employees
86
Volunteers
0
Year formed
1960
State of legal domicile
NV

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.

NameTitleHours / weekCompensation
GABRIELLA QUARANTELLODIRECTOR
Trustee or director
0$0
TERRY MAYFIELDDIRECTOR
Trustee or director
0$0
JOE CASSARODIRECTOR
Trustee or director
0$0
BRUNO PELLA IIIDIRECTOR
Trustee or director
0$0
DAVID GIANNOTTIDIRECTOR
Trustee or director
0$0
JOHN RULLIDIRECTOR
Trustee or director
0$0
LOUIS D'AMICODIRECTOR
Trustee or director
0$0
ANGELO CASSAROPRESIDENT
Officer
2$0
ANTHONY RICEVUTOVICE-PRES
Officer
0$0
NINA FALLICOSECRETARY
Officer
0$0
DARIO BASSOTREASURER
Officer
0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
GABRIELLA QUARANTELLODIRECTOR
Trustee or director
0$0
TERRY MAYFIELDDIRECTOR
Trustee or director
0$0
JOE CASSARODIRECTOR
Trustee or director
0$0
BRUNO PELLA IIIDIRECTOR
Trustee or director
0$0
DAVID GIANNOTTIDIRECTOR
Trustee or director
0$0
JOHN RULLIDIRECTOR
Trustee or director
0$0
ANGELO CASSAROPRESIDENT
Officer
2$0
ANTHONY RICEVUTOVICE-PRES
Officer
0$0
NINA FALLICOSECRETARY
Officer
0$0
DARIO BASSOTREASURER
Officer
0$0

Address and contacts

Address (IRS master file)
2333 E SAHARA AVE, LAS VEGAS, NV 89104-4110
Principal officer (990 for 2024)
ANGELO CASSARO, 2333 E SAHARA AVE, LAS VEGAS, NV 89104
Signed the 990
ANGELO CASSARO, PRESIDENT
Phone
(702) 382-1469
Return prepared by
SINGERLEWAK LLP

Mission

SCHOLARSHIPS AND SOCIAL

990 for the year ended December 31, 2024

Program accomplishments

  • N/A
  • N/A
  • N/A

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
88-6004596
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1964
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$761,963
Income (IRS master file)
$3,056,069

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,026,828$1,039,961$761,963IRS
990December 2023$1,019,426$940,011$782,425XML
990December 2022$1,009,823$991,488$702,155IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 88-6004596).

Questions about ITALIAN AMERICAN CLUB OF SOUTHERN

What is the EIN of ITALIAN AMERICAN CLUB OF SOUTHERN?
The employer identification number (EIN) of ITALIAN AMERICAN CLUB OF SOUTHERN is 88-6004596.
Is ITALIAN AMERICAN CLUB OF SOUTHERN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1964.
Are donations to ITALIAN AMERICAN CLUB OF SOUTHERN tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ITALIAN AMERICAN CLUB OF SOUTHERN 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 ITALIAN AMERICAN CLUB OF SOUTHERN 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 ITALIAN AMERICAN CLUB OF SOUTHERN 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 ITALIAN AMERICAN CLUB OF SOUTHERN?
The 990 for the year ended December 31, 2024 names ANGELO CASSARO.
Who are the officers and directors of ITALIAN AMERICAN CLUB OF SOUTHERN?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does ITALIAN AMERICAN CLUB OF SOUTHERN have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,026,828, expenses of $1,039,961 and total assets of $761,963 at year end.

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