FEDERATION OF ITALIAN-AMERICAN ORGANIZATIONS OF BROOKLYN LTD

EIN: 112507910 501(c)(3) Religion

BROOKLYN, NY

Total Revenue
$8,122,201
Total Expenses
$8,074,021
Total Assets
$18,016,355
Net Assets
$17,578,268
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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
NY
Principal Officer
NANCY SOTTILE
Phone
7182592828
Tax Period
2023-07-01 to 2024-06-30

FEDERATION OF ITALIAN-AMERICAN ORGANIZATIONS OF BROOKLYN LTD, founded in 1977, is a community nonprofit in the Religion sector that reported $8.1M in total revenue in fiscal year 2023. Net assets of $17.6M represent 26 months of operating reserves.

Mission

THE FEDERATION, A NOT-FOR-PROFIT CHARITABLE COMMUNITY SERVICE ORGANIZATION, HAS BEEN A LEADER IN BRIDGING THE RICH DIVERSITY OF OUR MULTI-CULTURAL COMMUNITIES BY DELIVERING FREE PROGRAMS AND SERVICES TO HELP IMPROVE THE QUALITY OF LIFE FOR ALL CHILDREN, YOUTH, FAMILIES AND SENIORS. "IL CINTRO" IS THE FIRST ITALIAN-AMERICAN MULTICULTURAL COMMUNITY CENTER IN NEW YORK. WE ARE LOCATED IN SOUTHERN BROOKLYN, HOME TO ITALIAN-AMERICANS SINCE THE EARLY 1900S. IL CINTRO SERVES AS A RESOURCE FOR THE ITALIAN- AMERICAN POPULATION AND HOPES TO PRESERVE THE HERITAGE AND CULTURE OF THIS VIBRANT COMMUNITY. ONE MAJOR THEME OF IL CINTRO IS TO ACKNOWLEDGE AND DISSEMINATE A POSITIVE IMAGE AND LEGACY OF ITALIAN-AMERICAN MEN AND WOMEN. WHILE WORKING TOWARDS THIS GOAL, WE LOOK FORWARD TO STRENGTHENING THE TIES AMONG THE GENERATIONS OF ITALIAN-AMERICANS IN THE COMMUNITY AND WORKING WITH ALL INDIVIDUALS WHO SHARE THIS COMMON BOND.

Program Service Accomplishments

Program 1
Expenses: $2,516,208

II CENTRO MULTI-CULTURAL CENTER IS THE FIRST ITALIAN-AMERICAN MULTI- CULTURAL COMMUNITY CENTER IN NEW YORK, LOCATED IN SOUTHERNN BROOKLYN. IT IS A MULTI-LEVEL 44,000 SQUARE FOOT FACILITY OUTFITTED...

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II CENTRO MULTI-CULTURAL CENTER IS THE FIRST ITALIAN-AMERICAN MULTI- CULTURAL COMMUNITY CENTER IN NEW YORK, LOCATED IN SOUTHERNN BROOKLYN. IT IS A MULTI-LEVEL 44,000 SQUARE FOOT FACILITY OUTFITTED WITH A MODERN, STATE OF THE ART SWIMMING POOL, A GYMNASIUM, FITNESS CENTER EQUIPMENT, AND TECHNOLOGY. II CENTRO SERVES YOUTH, ADULT, AND FAMILIES, ABOUT 3,600 OF WHOM ARE REGULAR MEMBERS. INFORMATION ON MEMBERSHIP CAN BE FOUND AT WWW.FIAOBROOKLYN.ORG. THE CENTER OPERATES DURING THE WEEK WITH VARYING HOURS: MONDAY: 6:00 AM - 9:00 PM TUESDAY: 6:00 AM - 10:00 PM WEDNESDAY: 6:00 AM - 9:00 PM THURSDAY: 6:00 AM - 10:00 PM FRIDAY: 6:00 AM - 9:00 PM SATURDAY: 8:00 AM - 7:00 PM SUNDAY: 8:00 AM - 5:00 PM PLEASE BE AWARE THAT THE CENTER IS CLOSED ON SPECIFIC PUBLIC HOLIDAYS.

Program 2
Expenses: $746,364

BEACON COMMUNITY CENTER: THIS IS A SCHOOL-BASED COMMUNITY CENTER THAT PROVIDES AFTER SCHOOL ACTIVITIES THROUGHOUT THE WEEK FOR CHILDREN. LOCATION: 99 AVENUE P, BROOKLYN NY 11204 BEACON COMMUNITY...

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BEACON COMMUNITY CENTER: THIS IS A SCHOOL-BASED COMMUNITY CENTER THAT PROVIDES AFTER SCHOOL ACTIVITIES THROUGHOUT THE WEEK FOR CHILDREN. LOCATION: 99 AVENUE P, BROOKLYN NY 11204 BEACON COMMUNITY CENTER IS OPEN IN THE SUMMER FROM 8AM TO 6PM MONDAY THROUGH FRIDAY. DURING THE SCHOOL YEAR, THE CENTER IS OPEN FROM 2PM TO 10PM, AND ON SATURDAYS, FROM 9AM TO 1:30PM. IN ADDITION, THE CENTER IS OPEN 15 DAYS WHEN SCHOOLS ARE CLOSED FROM 8AM TO 6PM. BEACON COMMUNITY CENTER SERVES ABOUT 1,500 YOUTH, ADULTS, AND FAMILIES.

Program 3
Expenses: $544,837

SUBSTANCE ABUSE PREVENTION PROGRAM (SAPP): SAPP IS AN EVIDENCE-BASED PREVENTION PROGRAM SPONSORED BY THE NYS OFFICE OF SUBSTANCE ABUSE AND PREVENTION SERVICES. IN ADDITION TO PREVENTION SERVICES...

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SUBSTANCE ABUSE PREVENTION PROGRAM (SAPP): SAPP IS AN EVIDENCE-BASED PREVENTION PROGRAM SPONSORED BY THE NYS OFFICE OF SUBSTANCE ABUSE AND PREVENTION SERVICES. IN ADDITION TO PREVENTION SERVICES, STUDENTS PARTICIPATE IN VISUAL ARTS, PERFORMING ARTS, HEALTH, FITNESS AND BOARD GAMES. WE HAVE 12 SITES AND WE SERVE MORE THAN 1,000 PARTICIPANTS. THE HOURS OF OPERATION DURING THE SCHOOL YEAR DIFFER FROM SCHOOL TO SCHOOL, BUT WE ARE OPEN FROM DISMISSAL TO 3 HOURS AFTER DISMISSAL.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,020,241
Program Service Revenue $0
Investment Income $25,532
Other Revenue $76,428
TOTAL REVENUE $8,122,201

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,310,561
Fundraising Expenses $0
Program Expenses $7,983,216
Other Expenses $1,763,460
TOTAL EXPENSES $8,074,021

Year-over-Year Comparison

2023 2022 Change
Revenue $8,122,201 $7,897,600 +0.0%
Expenses $8,074,021 $7,408,488 +0.1%
Net Income $48,180 $489,112 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
509
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$188,730
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACK SPATOLA CHAIRMAN 50.00
Officer Director
$0 $0 $0
PASQUALINO RUSSO PRESIDENT 1.00
Officer Director
$0 $0 $0
MARVIN REISKIN VICE PRESIDE 1.00
Officer Director
$0 $0 $0
PHILIP GUARNIERI TREASURER 1.00
Officer Director
$0 $0 $0
JOHN MEZZOLA SECRETARY 1.00
Officer Director
$0 $0 $0
ROCCO FERRARO MEMBER 1.00
Director
$0 $0 $0
SALVATORE FRONTERRE MEMBER 1.00
Director
$0 $0 $0
ROBERT J MILLER JR MEMBER 1.00
Director
$0 $0 $0
FRANK NACCARATO VICE PRESIDE 1.00
Officer Director
$0 $0 $0
ANA OLIVEIRA MEMBER 1.00
Director
$0 $0 $0
VITO PARENTE MEMBER 1.00
Director
$0 $0 $0
DR SUDHA PATEL MEMBER 1.00
Director
$0 $0 $0
CARLO SCISSURA ESQ CHAIRMAN 1.00
Officer Director
$0 $0 $0
JOHN SPARACIO MEMBER 1.00
Director
$0 $0 $0
GREGORY LENDINO ESQ LEGAL ADVISO 1.00
Officer
$0 $0 $0
NANCY SOTTILE EXECUTIVE DI 50.00
Officer
$188,730 $0 $188,730
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $8,122,201 $8,074,021 $18,016,355 $48,180
2023 $8,013,600 $7,408,488 $18,115,473 $605,112
2022 $6,779,370 $6,197,722 $18,192,527 $581,648
2021 $4,705,757 $5,073,251 $17,544,390 $-367,494
2020 $4,694,771 $5,340,428 $18,084,593 $-645,657
2019 $5,911,608 $5,595,325 $19,027,396 $316,283
2018 $4,812,545 $4,405,498 $18,894,837 $407,047
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