SOCIETA DI MUTUO SOCCORSSO OPERAIA VENTA

EIN: 361909878

ROCKFORD, IL

Total Revenue
$747,994
Total Expenses
$563,309
Total Assets
$1,858,099
Net Assets
$1,373,584
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1908
Principal Officer
PETER TURCATO
Phone
8152891319
Tax Period
2023-01-01 to 2023-12-31

SOCIETA DI MUTUO SOCCORSSO OPERAIA VENTA, founded in 1908, is a small nonprofit that reported $748K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $185K, a strong 25% operating margin.

Mission

THE ORGANIZATION PROMOTES GOOD FELLOWSHIP, SOCIAL RELATIONSHIPS AND THE EDUCTIONAL, SOCIAL, CHARITABLE, AND CIVIC ADVANCEMENT OF ITS MEMBERS. THE CLUB ALSO PROVIDES ITS MEMBERS WITH ACCESS TO SICK AND DEATH BENEFITS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $138,084
Program Service Revenue $203,824
Investment Income $22,172
Other Revenue $383,914
TOTAL REVENUE $747,994

Expense Breakdown

Grants Paid $0
Salaries & Benefits $160,596
Fundraising Expenses $0
Other Expenses $398,713
TOTAL EXPENSES $563,309

Year-over-Year Comparison

2023 2022 Change
Revenue $747,994 $681,399 +0.1%
Expenses $563,309 $564,767 0.0%
Net Income $184,685 $116,632 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
16
Independent Members
16
Employees
41
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
10
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHILIP J GRACIANA TREASURER N/A
Officer
$0 $0 $0
PETER TURCATO PRESIDENT N/A
Officer
$0 $0 $0
JOEL ALIS VICE PRESIDE N/A
Officer
$0 $0 $0
LAURA BOWDEN RECORDING SE N/A
Officer
$0 $0 $0
TOM KLEIN MEMBERSHIP S N/A
Officer
$0 $0 $0
MARCIA GRACIANA MEMBERSHIP S N/A
Officer
$0 $0 $0
JASON BRONOWSKI BAR SECRETAR N/A
Officer
$0 $0 $0
ALAN GIRARDIN BUILDING SEC N/A
Officer
$0 $0 $0
JOY PARLAPIANO BANQUET SECR N/A
Officer
$0 $0 $0
LORAS SALAMONE KITCHEN SECR N/A
Officer
$0 $0 $0
JEFFERY ADDOTTA DIRECTOR N/A
Director
$0 $0 $0
PAM ALIS DIRECTOR N/A
Director
$0 $0 $0
MATTHEW BORTOLI DIRECTOR N/A
Director
$0 $0 $0
RUSS JACOBSON DIRECTOR N/A
Director
$0 $0 $0
THOMAS LAWSON DIRECTOR N/A
Director
$0 $0 $0
DAN MCGIRK DIRECTOR N/A
Director
$0 $0 $0
CHRIS SARNA DIRECTOR N/A
Director
$0 $0 $0
CAROL SALAMONE DIRECTOR N/A
Director
$0 $0 $0
BETH ZIMMERMAN DIRECTOR N/A
Director
$0 $0 $0
ALAN GIRARDIN BUILDING SEC N/A
Director
$0 $0 $0
TONY PARLAPIANO DIRECTOR N/A
Director
$0 $0 $0
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
2024 No data No data No data No data
2023 $747,994 $563,309 $1,858,099 $184,685
2022 $681,399 $564,767 $1,536,947 $116,632
2021 $682,019 $536,320 $1,453,663 $145,699
2020 $232,551 $348,491 $1,339,024 $-115,940
2019 $663,680 $615,448 $1,533,017 $48,232
2018 $713,460 $604,350 $1,491,642 $109,110
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SOCIETA DI MUTUO SOCCORSSO OPERAIA VENTA with other nonprofits in Illinois and across the country.