2011-11-15T13:12:01-06:00 2010-12-31 REILLY PENNER & BENTON LLP 1233 NORTH MAYFAIR RD SUITE 302 MILWAUKEE WI 532263255 990 2010-01-01 391304069 ITALIAN COMMUNITY CENTER INC ITAL 4142232180 631 EAST CHICAGO STREET MILWAUKEE WI 53202 PATRICK MORGAN 4142232180 2011-11-14 1 JOEL JOYCE 4142717800 2011-11-14 2010 2016-02-24 21:20:13Z PATRICK MORGAN 631 EAST CHICAGO STREET MILWAUKEE WI 53202 2374030 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 -84231 -106209 223243 269605 1252911 1626095 4786 1006 -52444 -75036 1428496 1821670 0 0 0 0 170539 176775 28855 32856 32931 1540954 1766701 1740348 1976332 -311852 -154662 4386218 4215083 3800425 3783952 585793 431131 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 1445753 1450869 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 2010, 97,000 PEOPLE ATTENDED FESTA ITALIANA. 197087 127581 CULTURAL AND EDUCATIONAL ACTIVITIES SERVING THE WELFARE OF AMERICANS OF ITALIAN EXTRACTION AND THE ENTIRE COMMUNITY. 47645 47645 1642840 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 72 0 0 1 1 0 0 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 PATRICK MORGAN 4142232180 631 EAST CHICAGO STREET MILWAUKEE WI 53202 X DAVE SPANO 4.00 X X 0 0 0 ROSE ANN FRITCHIE 4.00 X X 0 0 0 SAM PURPERO 4.00 X X 0 0 0 JOANNE CZUBEK 1.00 X X 0 0 0 HENRY PIANO 1.00 X 0 0 0 MARIO CARINI 4.00 X X 0 0 0 RALPH BUSALACCHI 1.00 X 0 0 0 SUSIE CHRISTIANSEN 1.00 X 0 0 0 JOE DENTICE 1.00 X 0 0 0 TOM BALISTRERI 1.00 X 0 0 0 PAUL IANNELLI 1.00 X 0 0 0 JOE VELLA 1.00 X 0 0 0 ANNA PITZO 1.00 X 0 0 0 DEAN CANNESTRA 1.00 X 0 0 0 0 0 0 0 0 0 0 0 269605 14200 269605 FESTA ITALIANA 900099 1450869 1450869 CULTURAL ACTIVITIES 900099 127581 127581 MEMBERSHIP DUES 900099 47645 47645 1626095 1006 1006 432000 538209 -106209 -106209 -106209 19263 14151 5112 5112 ADVERTISING 541800 21978 21978 MISCELLANEOUS INCOME 900099 4083 4083 26061 1821670 1626095 -84231 10201 176775 176775 1500 1500 21464 21464 32856 32856 1070 1070 155 155 91641 64512 27054 75 967 967 19209 755 18454 23751 3750 20001 22898 3547 19351 FESTA ITALIANA FESTIVAL 1445753 1445753 MEMBERSHIP ACTIVITIES 124368 124368 MISCELLANEOUS 6962 6962 LOAN AMORT FEE 4920 4920 CHRISTMAS DECORATIONS 1943 1943 100 100 1976332 1642840 300561 32931 48840 62512 58718 137983 24000 16408 3215 7884 12503 12699 24984 6900 9596741 5735964 4099118 3860777 105000 105000 9840 4920 4386218 4215083 215853 127060 3680 3580892 3656892 3800425 3783952 X 543941 399371 41852 31760 585793 431131 4386218 4215083 -154662 0 X 0 1 0 X 0 X 402841 388314 289426 215343 269605 1565529 1353244 1260129 916158 1206711 1578450 6314692 1756085 1648443 1205584 1422054 1848055 7880221 0 0 0 7880221 49685 66242 35305 4786 1006 157024 49685 66242 35305 4786 1006 157024 21354 19674 21557 31414 26061 120060 1827124 1734359 1262446 1458254 1875122 8157305 0.96600 0.83920 0.01920 0.02300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1599525 177725 1777250 6145348 682817 4777348 2050817 892193 99133 958616 32710 3860777 1821670 1976332 -154662 0 -154662 2359879 538209 538209 1821670 0 1821670 2514541 538209 538209 1976332 0 1976332 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: EFFECTIVE JANUARY 1, 2009 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. ICC IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS FOR YEARS ENDING THROUGH DECEMBER 31, 2007. THE ORGANIZATION IS NO LONGER SUBJECT TO WISCONSIN INCOME TAX EXAMINATIONS FOR YEARS ENDING THROUGH DECEMBER 31, 2006. PART XII LINE 2D AND XIII LINE 2D INCLUDE RENTAL EXPENSES OF $538,209 WHICH ARE NETTED ON PART VIII, LINE 6B X X X X X 1 THE SPONSOR PLACEMENT COMPANY 2002 200TH AVE UNION GROVE WI 53182 SOLICITATING SPONSORSHIPS FOR FESTA ITALIANA 0 224500 32856 191644 224500 32856 191644 WI SOCK HOP 19263 19263 14151 19263 19263 14151 14151 5112 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. ITALIAN CONFERENCE CENTER INC 631 EAST CHICAGO STREET MILWAUKEE WI 53202 391914549 PROVISION OF FOOD, BEVERAGE, BANQUET AND ADMINISTRATIVE SERVICES WI N/A C 847441 387704 1.00000 1 0 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 ITALIAN CONFERENCE CENTER INC A 432000 ITALIAN CONFERENCE CENTER INC L 66172 ITALIAN CONFERENCE CENTER INC N 250115 ITALIAN CONFERENCE CENTER INC I 177717 ITALIAN CONFERENCE CENTER INC E 96446