2015-11-16T15:21:36-06:00 2014-12-31 390747409 REILLY PENNER & BENTON LLP 1233 NORTH MAYFAIR RD SUITE 302 MILWAUKEE WI 532263255 990 2014-01-01 391304069 ITALIAN COMMUNITY CENTER INC ITAL 4142232180 631 EAST CHICAGO STREET MILWAUKEE WI 53202 GIUSEPPE VELLA PRESIDENT 4142232180 2015-11-13 1 JOEL JOYCE P01001488 4142717800 2014 2016-02-25 16:41:14Z GIUSEPPE VELLA 631 EAST CHICAGO STREET MILWAUKEE WI 53202 1665995 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 1000 152346 114471 339384 241405 839273 945744 68 87 164856 169768 1343581 1357004 0 0 0 0 202772 190040 22128 3479 3879 1516081 1449563 1740981 1643082 -397400 -286078 3563190 3415889 4549446 4688223 -986256 -1272334 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 871770 838767 FESTA ITALIANA IS THE COUNTRY'S LARGEST ITALIAN-AMERICAN FESTIVAL AND PREMIERE ITALIAN CULTURAL EVENT. FESTA ITALIANA IS A CELEBRATION OF ITALIAN FOOD, ARTS, CULTURE AND RELIGION. IN 2014, 65,000 PEOPLE ATTENDED FESTA ITALIANA. 207349 106977 CULTURAL AND EDUCATIONAL ACTIVITIES SERVING THE WELFARE OF AMERICANS OF ITALIAN EXTRACTION AND THE ENTIRE COMMUNITY. 1079119 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 71 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 X GIUSEPPE VELLA 4142232180 631 EAST CHICAGO STREET MILWAUKEE WI 53202 X JOE VELLA PRESIDENT 4.00 X X 0 0 0 DEAN CANNESTRA VICE PRESIDENT 4.00 X X 0 0 0 ROSE FRITCHIE SECRETARY 4.00 X X 0 0 0 DAVE SPANO TREASURER 4.00 X X 0 0 0 JOANNE CZUBEK SERGEANT AT ARMS 4.00 X X 0 0 0 GINA SPANG PAST PRESIDENT 1.00 X 0 0 0 LIZ CERASO DIRECTOR 1.00 X 0 0 0 HENRY PIANO DIRECTOR 1.00 X 0 0 0 SAM PURPERO DIRECTOR 1.00 X 0 0 0 TONY ZINGALE DIRECTOR 1.00 X 0 0 0 SUSIE CHRISTIANSEN DIRECTOR 1.00 X 0 0 0 JOE CAMPAGNA DIRECTOR 1.00 X 0 0 0 PIETRO TARANTINO DIRECTOR 1.00 X 0 0 0 TED CATALANO DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 241405 241405 FESTA ITALIANA 900099 838767 838767 CULTURAL ACTIVITIES 900099 76558 76558 MEMBERSHIP DUES 900099 30419 30419 945744 87 87 432000 295521 136479 136479 136479 7998 3999 3999 3999 19438 9471 9967 9967 ADVERTISING 541800 15867 15867 MISCELLANEOUS INCOME 900099 3456 3456 19323 1357004 945744 152346 17509 190040 36312 153728 22809 22809 3479 3479 775 775 130 130 34590 19173 15017 400 61720 11323 50397 119274 39758 79516 107477 34601 72876 FESTA ITALIANA FESTIVAL 871770 871770 INCOME TAX 117172 117172 MEMBERSHIP ACTIVITIES 66182 66182 BAD DEBT 36238 36238 11426 11426 1643082 1079119 560084 3879 27491 9856 117915 182040 9800 2221 98146 147045 7266 7266 2169 2586 9665805 6705930 3195403 2959875 105000 105000 3563190 3415889 16615 42720 500000 500000 4032831 4028331 0 117172 4549446 4688223 X -996448 -1274937 10192 2603 -986256 -1272334 3563190 3415889 -286078 0 X X 0 1 X 1 0 X 269605 245613 242925 335764 241405 1335312 1578450 1520309 1023426 839273 945744 5907202 1848055 1765922 1266351 1175037 1187149 7242514 0 0 0 7242514 1006 265 52 68 87 1478 1006 265 52 68 87 1478 26061 21979 21739 17987 19323 107089 1875122 1788166 1288142 1193092 1206559 7351081 0.98520 0.98350 0.00020 0.00080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 888625 888625 1777250 3428908 3428907 5713366 1144449 515370 515370 992564 38176 2959875 82761 STATE INCOME TAXES PAYABLE 34411 117172 X 1661996 304992 304992 1357004 0 1357004 1948074 304992 304992 1643082 0 1643082 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 EXAMINATIONS FOR CURRENT YEAR'S TAX RETURN AND THE PRECEDING FOUR YEAR'S RETURNS. PART XI, LINE 2D - OTHER ADJUSTMENTS: PART VIII, LINE 6B - RENTAL EXPENSES GAMING ACTIVITY DIRECT EXPENSE PART XII, LINE 2D - OTHER ADJUSTMENTS: PART VIII, LINE 6B - RENTAL EXPENSES GAMING ACTIVITY DIRECT EXPENSE PART XI LINE 2D AND PART XII LINE 2D PART XI LINE 2D AND XII LINE 2D INCLUDES RENTAL EXPENSES OF $295,521 WHICH ARE NETTED ON PART VIII, LINE 6B AND ALSO INCLUDES $9,471 OF GAMING EXPENSES WHICH ARE NETTED ON PART VIII, LINE 9B. 19438 7900 1571 0 19438 7900 1571 9471 9967 WI 1 0 1 0 1.00000 MARY ANN MAGLIO 631 EAST CHICAGO STREET MILWAUKEE WI 53202 0 MULTIPLE VOLUNTEERS THE PERSON IN CHARGE IS THE HEAD VOLUNTEER OF THE RAFFLE COMMITTEE FOR THAT ACTIVITY. THE HEAD VOLUNTEER IS RESPONSIBLE FOR OVERSEEING VOLUNTEERS AND CASH COLLECTION. 0 SAL PURPERO BOARD MEMBER GENERAL OPERATIONS X 500000 500000 1 1 1 500000 0 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 COUNTED 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 11 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 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. 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 N/A C 1253597 447370 1.00000 0 1 0 0 1 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 ITALIAN CONFERENCE CENTER INC A 432000 ITALIAN CONFERENCE CENTER INC M 49212 ITALIAN CONFERENCE CENTER INC O 207256 ITALIAN CONFERENCE CENTER INC J 102198 ITALIAN CONFERENCE CENTER INC D 147015