2017-11-15T14:07:31-06:00 2016-12-31 390859910 Baker Tilly Virchow Krause LLP 777 E Wisconsin Avenue 32nd Floor Milwaukee WI 53202 990 2016-01-01 391304069 Italian Community Center Inc ITAL 4142232180 631 East Chicago Street Milwaukee WI 53202 Dean Cannestra President 4142232180 2017-11-14 1 Troy Marine CPA P00187863 4147775500 2017-11-14 38.122.82.115 2017-11-14 15:04:42 CS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 FC291E00EDC6CE15C22AD045E9D90E0D24B72456 2016 2021-01-29 14:40:06Z Dean Cannestra 631 East Chicago Street Milwaukee WI 53202 1409256 0 X www.festaitaliana.com X 1978 WI Planning, promoting, and carrying out charitable, educational, and cultural activities to best serve the welfare of americans of italian extraction and the entire community. 14 14 0 618 122924 0 233568 279648 837810 671137 100 0 -2160 134590 1069318 1085375 0 0 0 0 172373 102038 0 0 0 1170954 1209839 1343327 1311877 -274009 -226502 3080752 2747986 4627094 4520830 -1546342 -1772844 Planning, promoting, and carrying out charitable, educational, and cultural activities to best serve the welfare of Americans of Italian extraction and the entire community. 0 0 845193 536063 FESTA ITALIANA IS THE COUNTRY'S LARGEST ITALIAN-AMERICAN FESTIVAL AND PREMIERE ITALIAN CULTURAL EVENT. FESTA ITALIANA IS A CELEBRATION OF ITALIAN FOODS, ARTS, CULTURE AND RELIGION. IN 2016, 44,798 PEOPLE ATTENDED FESTA ITALIANA. 115867 135074 CULTURAL AND EDUCATIONAL ACTIVITIES SERVING THE WELFARE OF AMERICANS OF ITALIAN EXTRACTION AND THE ENTIRE COMMUNITY. 961060 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 31 0 1 0 1 1 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 0 1 1 0 1 0 1 0 0 0 WI X Laurie Bisesi 4147442222 631 E Chicago St Milwaukee WI 53202 X Dean Cannestra President 4.00 X X 0 0 0 Joseph Emanuele Vice President 4.00 X X 0 0 0 Susie Christiansen Secretary 4.00 X X 0 0 0 Sam Purpero Treasurer 4.00 X X 0 0 0 Joanne Czubek Sergeant at Arms 4.00 X X 0 0 0 Giuseppe Vella Past President 1.00 X 0 0 0 Maryanne Ceraso-Alioto Director 1.00 X 0 0 0 Karen Dickensen Director 1.00 X 0 0 0 Ted Catalano Director 1.00 X 0 0 0 Tony Zingale Director 1.00 X 0 0 0 Joseph Jannazzo Jr Director 1.00 X 0 0 0 Anthony Lupo Director 1.00 X 0 0 0 Pietro Tarantino Director 1.00 X 0 0 0 Blaise DiPronio Director 1.00 X 0 0 0 0 0 0 0 0 0 0 0 279648 279648 Festa Italiana 624110 536063 536063 Cultural Activities 624110 91551 91551 Membership Dues 624110 43523 43523 671137 432000 323881 108119 108119 108119 6301 0 6301 6301 622 0 622 622 Advertising 541800 14805 14805 miscellaneous income 900099 4743 4743 19548 1085375 671137 122924 11666 102038 5793 96245 16108 16108 41324 41324 1405 1405 28314 14081 14233 25570 25570 11588 11530 58 62987 62987 75445 75445 20604 20604 Festa Italiana Festival 845193 845193 Events 43629 43629 Italian times 35819 35819 Equipment Maintenance 31407 31407 -29554 3610 -33164 1311877 961060 350817 0 20432 43022 142683 11045 2221 12896 66368 1974 2174 4609 1907 9674410 7163452 2729543 2510958 105000 105000 61394 7512 3080752 2747986 148508 77868 4439349 4442962 39237 0 4627094 4520830 X -1548945 -1783856 2603 11012 -1546342 -1772844 3080752 2747986 -226502 0 X X 1 X 0 1 0 X 242925 335764 241405 233568 279648 1333310 1023426 839273 945744 837810 671137 4317390 1266351 1175037 1187149 1071378 950785 5650700 63537 171500 235037 0 63537 171500 235037 5415663 52 68 87 100 0 307 52 68 87 100 307 21739 17987 19323 10598 19548 89195 1288142 1193092 1206559 1082076 970333 5740202 0.94350 0.97630 0.00010 0.00010 X 1376810 1376810 7258255 6131698 1126557 1039345 1031754 7591 2510958 X Part X, Line 2: THE ICC HAS IMPLEMENTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THIS STANDARD DESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNIZING, INTEREST, PENALTIES AND DISCLOSURE REQUIRED. MANAGEMENT OF THE ORGANIZATION EVALUATES THE UNCERTAIN TAX POSITIONS TAKEN, IF ANY, AND CONSULTS WITH OUTSIDE COUNSEL AS DEEMED NECESSARY. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX LIABILITIES IN INCOME TAX EXPENSE. Generally, for United States federal income taxes, ICC is only subject to examination for the current year's tax return and the preceding three year's returns. Generally, for Wisconsin state income taxes, ICC is only subject to examination for the current year's tax return and the preceding four year's returns. The Community Center tax return for 2012 is currently under audit by the Internal Revenue Service. The tax returns for 2011 and thereafter are open to examination by federal authorities and tax returns for 2012 and thereafter are open to examination by state authorities, as the ICC filed amended tax returns with the IRS and Wisconsin for the 2011-2014 tax years and 2012-2014 tax years, respcectively. Form 990, Part VI, Section A, line 6 The organization has members. Form 990, Part VI, Section A, line 7a A MEMBERSHIP MEETING IS HELD IN WHICH THE MEMBERS SUBMIT INDIVIDUAL BALLOTS. THE BALLOTS ARE RECOUNTED TO ELECT MEMBERS OF THE GOVERNING BOARD. Form 990, Part VI, Section A, line 7b Any changes to the by-laws and the sale or development of land are subject to approval by the members. Form 990, Part VI, Section B, line 11b The board will review and approve a draft of the return prior to its filing. Form 990, Part VI, Section B, line 12c The organization has a form on file that gets updated as needed. The form is reviewed periodically. Form 990, Part VI, Section C, line 19 UPON REQUEST. Form 990, Part XII, Line 2c: No change from prior year. Italian Conference Center Inc 631 East Chicago Street Milwaukee WI 53202 391914549 Provision of food, beverage, banquet and administrative services WI Italian Community Center Inc C 1232791 725978 1.00000 1 1 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 Italian Conference Center Inc A 432000 FMV italian Conference Center Inc M 68499 FMV Italian Conference Center Inc O 107398 FMV Italian Conference Center Inc D 7512 FMV