CHRISTOPHER COLUMBUS ITALIAN MUTUAL AID & BENEFIT INC

EIN: 222543839 501(c)(3)

WINCHESTER, MA

Total Revenue
$61,402
Total Expenses
$61,527
Total Assets
$519,677
Net Assets
$518,333
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1923
Legal Domicile
MA
Principal Officer
THOMAS CAVARRETTA
Phone
7817299845
Tax Period
2018-01-01 to 2018-12-31

CHRISTOPHER COLUMBUS ITALIAN MUTUAL AID & BENEFIT INC, founded in 1923, is a micro nonprofit that reported $61K in total revenue in fiscal year 2018. Revenue grew 13% year-over-year, indicating healthy expansion. Net assets of $518K represent 101 months of operating reserves.

Mission

PROVIDE MEMBERS PREMISES AND ACTIVITIES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $61,368
Investment Income $34
Other Revenue $0
TOTAL REVENUE $61,402

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,929
Fundraising Expenses $0
Program Expenses $57,598
Other Expenses $57,598
TOTAL EXPENSES $61,527

Year-over-Year Comparison

2018 2017 Change
Revenue $61,402 $54,373 +0.1%
Expenses $61,527 $66,020 -0.1%
Net Income $-125 $-11,647 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
80
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
3
$3,600
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE DEMAIO DIRECTOR 5.00
Director
$0 $0 $0
STEVE ROLLIE DIRECTOR 5.00
Director
$0 $0 $0
TOM BERGAN DIRECTOR 5.00
Director
$0 $0 $0
DAVID HALL PRESIDENT 20.00
Officer
$0 $0 $0
JAY BRADLEY SECRETARY 20.00
Officer
$0 $0 $0
TOM CAVARRETTA TREASURER 30.00
Officer
$3,600 $0 $3,600
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
2018 $61,402 $61,527 $519,677 $-125
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