Civic Intelligence

Italian Workingmen'S Club Inc

EIN 05-0297484 • 501(c)7 • Woonsocket, RI

Profile

Member of italo american heritage

947 Diamond Hill RoadWoonsocket, RI 02895

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

47th percentile

0.01x

Higher debt load relative to assets than 47% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

56th percentile

0.05x

Higher debt load relative to revenue than 56% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Net Margin

66th percentile

12%

Higher net margin than 66% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

90th percentile

$1,800

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Asset Growth

64th percentile

6.7%

Faster asset growth than 64% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

85th percentile

28%

Faster revenue growth than 85% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$845,783

Up $53,099 (+6.7%) from 2023

Liabilities

Up

$9,745

Up $7,745 (+387%) from 2023

Net Assets

Up

$836,038

Up $45,354 (+5.7%) from 2023

Revenue

Up

$199,806

Up $43,126 (+28%) from 2023

Expenses

Down

$176,349

Down $5,479 (-3.0%) from 2023

Net Income

Up

$23,457

Up $48,605 (+193%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2010: $634,639Liabilities 2010: $52,519Net Assets 2010: $582,1202010Assets 2011: $630,649Liabilities 2011: $35,250Net Assets 2011: $595,3992011Assets 2012: $625,720Liabilities 2012: $16,011Net Assets 2012: $609,7092012Assets 2013: $619,291Liabilities 2013: $1,879Net Assets 2013: $617,4122013Assets 2014: $648,333Liabilities 2014: $25,062Net Assets 2014: $623,2712014Assets 2015: $628,376Liabilities 2015: $6,995Net Assets 2015: $621,3812015Assets 2016: $688,499Liabilities 2016: $63,975Net Assets 2016: $624,5242016Assets 2017: $661,850Liabilities 2017: $46,571Net Assets 2017: $615,2792017Assets 2018: $657,096Liabilities 2018: $35,926Net Assets 2018: $621,1702018Assets 2019: $641,793Liabilities 2019: $23,827Net Assets 2019: $617,9662019Assets 2020: $637,981Liabilities 2020: $12,664Net Assets 2020: $625,3172020Assets 2021: $735,031Liabilities 2021: $23,249Net Assets 2021: $711,7822021Assets 2022: $732,336Liabilities 2022: $1,350Net Assets 2022: $730,9862022Assets 2023: $792,684Liabilities 2023: $2,000Net Assets 2023: $790,6842023Assets 2024: $845,783Liabilities 2024: $9,745Net Assets 2024: $836,0382024

Highlighted filing

2024

Assets$845,783
Liabilities$9,745
Net Assets$836,038

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2010: $149,735Expenses 2010: $138,878Net Income 2010: $10,8572010Revenue 2011: $155,615Expenses 2011: $142,336Net Income 2011: $13,2792011Revenue 2012: $162,460Expenses 2012: $148,150Net Income 2012: $14,3102012Revenue 2013: $150,203Expenses 2013: $142,500Net Income 2013: $7,7032013Revenue 2014: $161,000Expenses 2014: $155,141Net Income 2014: $5,8592014Revenue 2015: $147,911Expenses 2015: $149,801Net Income 2015: -$1,8902015Revenue 2016: $150,540Expenses 2016: $147,397Net Income 2016: $3,1432016Revenue 2017: $156,532Expenses 2017: $165,777Net Income 2017: -$9,2452017Revenue 2018: $176,793Expenses 2018: $176,002Net Income 2018: $7912018Revenue 2019: $169,834Expenses 2019: $190,172Net Income 2019: -$20,3382019Revenue 2020: $109,627Expenses 2020: $124,359Net Income 2020: -$14,7322020Revenue 2021: $223,407Expenses 2021: $133,668Net Income 2021: $89,7392021Revenue 2022: $241,508Expenses 2022: $151,058Net Income 2022: $90,4502022Revenue 2023: $156,680Expenses 2023: $181,828Net Income 2023: -$25,1482023Revenue 2024: $199,806Expenses 2024: $176,349Net Income 2024: $23,4572024

Highlighted filing

2024

Revenue$199,806
Expenses$176,349
Net Income$23,457

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.46$0.10$8.36$2.00$1.76$0.23
2023Detailed filing. Detailed filing data is available for this year.$7.93$0.02$7.91$1.57$1.82$0.25
2022Detailed filing. Detailed filing data is available for this year.$7.32$0.01$7.31$2.42$1.51$0.90
2021Detailed filing. Detailed filing data is available for this year.$7.35$0.23$7.12$2.23$1.34$0.90
2020Detailed filing. Detailed filing data is available for this year.$6.38$0.13$6.25$1.10$1.24$0.15
2019Detailed filing. Detailed filing data is available for this year.$6.42$0.24$6.18$1.70$1.90$0.20
2018Detailed filing. Detailed filing data is available for this year.$6.57$0.36$6.21$1.77$1.76$0.01
2017Detailed filing. Detailed filing data is available for this year.$6.62$0.47$6.15$1.57$1.66$0.09
2016Detailed filing. Detailed filing data is available for this year.$6.88$0.64$6.25$1.51$1.47$0.03
2015Detailed filing. Detailed filing data is available for this year.$6.28$0.07$6.21$1.48$1.50$0.02
2014Detailed filing. Detailed filing data is available for this year.$6.48$0.25$6.23$1.61$1.55$0.06
2013Detailed filing. Detailed filing data is available for this year.$6.19$0.02$6.17$1.50$1.43$0.08
2012Summary only. Only limited summary data is available for this year.$6.26$0.16$6.10$1.62$1.48$0.14
2011Summary only. Only limited summary data is available for this year.$6.31$0.35$5.95$1.56$1.42$0.13
2010Summary only. Only limited summary data is available for this year.$6.35$0.53$5.82$1.50$1.39$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 28, 2025
Return Version
2024v5.0
Gross Receipts
$413,859
Mission and Program Overview

Mission

Member of italo american heritage.

Member of italo american heritage

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$790,684$836,038▲ $45,354
Land, Buildings, and Equipment, Net$447,363$474,535▲ $27,172
Investments in Publicly Traded Securities$213,570$274,116▲ $60,546
Cash and Non-Interest-Bearing Accounts$69,856$63,926▼ $5,930
Savings and Temporary Cash Investments$56,593$28,206▼ $28,387
Intangible Assets$302--
Total Assets$792,684$845,783▲ $53,099
Other Assets Total$5,000$5,000→ $0
Liabilities
Accounts Payable and Accrued Expenses-$7,745-
Other Liabilities$2,000$2,000→ $0
Total Liabilities$2,000$9,745▲ $7,745
Net Assets / Fund Balance
Total Net Assets Fund Balance$790,684$836,038▲ $45,354
Total Liabilities and Net Assets / Fund Balance$792,684$845,783▲ $53,099
Compensation and Service Providers

Employees

NameTitleBaseTotal
John PelletierPresident$1,800$1,800
Robert FrigonVice Preside$1,800$1,800
Mark BarnabeTreasurer$1,200$1,200

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$12,740
Investment Income
$8,653
Other Revenue
$178,413
Change in Net Assets
$23,457
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$163,931
Salaries, Compensation, and Employee Benefits$12,418
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$35,304
Insurance---$27,277
All Other Expenses---$19,917
Payroll Taxes---$6,441
Office Expenses---$6,184
Other Salaries and Wages---$5,977
Other Expenses---$4,678
Fees for Services Accounting---$2,898
Fees for Services Other---$2,264
Total Functional Expenses$0$0$0$176,349
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$31,103
Fundraising Gross Income$13,992
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rent Deposit Payable$2,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization has three classes of members: (1) regular, (2) life and (3) associate.

Form 990, Page 6, Part VI, Line 7A

Regular and life members may elect one or more members of governing body

Form 990, Page 6, Part VI, Line 7B

Decisions of the governing body are subject to approval by the regular and life members.

Form 990, Page 6, Part VI, Line 11B

The treasurer reviews the form 990 before it is signed and filled.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
ITALIAN WORKINGMEN'S CLUB INC
EIN
05-0297484
Phone
4017629842
Address
947 DIAMOND HILL ROAD, WOONSOCKET, RI 02895

Signing Officer

Name
John Pelletier
Title
President
Phone
4017629842
Signed
2025-02-28

Organization Details

Principal Officer
John Pelletier
Formed
1928
Legal Domicile
Ri
Voting Board Members
10
Independent Board Members
10
Employees
13

Preparer

Firm
Dha-aac Group LLC
Address
779 HIGH ST, CUMBERLAND, RI 02864
Preparer
Justin Duquette CPA
Phone
4014054455
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Donations to miscellaneous charitable organizations and scholarships to qualified students

Form 990, Part IX, Line 24E

Snow removal 4,528 0 0 city taxes 4,084 0 0 supplies 2,534 0 0 payroll fees 2,258 0 0 scholarships 2,000 0 0 donations 1,780 0 0 elevator maint. 1,771 0 0 licenses, dues & subscrip 730 0 0 alarm & security 232 0 0 total 19,917 0 0

Form 990, Part XI, Line 9

Book / tax depreciation difference 1

Raw XML Appendix356 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RENT DEPOSIT PAYABLE
IRS990ScheduleD/TotalLiabilityAmt02000
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt031103
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt031103
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt031103
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/IndividualWithBooksNm0JOHN PELLETIER
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0947 DIAMOND HILL ROAD
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0WOONSOCKET
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0RI
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd0028951459
IRS990ScheduleG/StatesWhereGamingConductedCd0RI
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DONATIONS TO MISCELLANEOUS CHARITABLE ORGANIZATIONS AND SCHOLARSHIPS TO QUALIFIED STUDENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS THREE CLASSES OF MEMBERS: (1) REGULAR, (2) LIFE AND (3) ASSOCIATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REGULAR AND LIFE MEMBERS MAY ELECT ONE OR MORE MEMBERS OF GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE REGULAR AND LIFE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE TREASURER REVIEWS THE FORM 990 BEFORE IT IS SIGNED AND FILLED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SNOW REMOVAL 4,528 0 0 CITY TAXES 4,084 0 0 SUPPLIES 2,534 0 0 PAYROLL FEES 2,258 0 0 SCHOLARSHIPS 2,000 0 0 DONATIONS 1,780 0 0 ELEVATOR MAINT. 1,771 0 0 LICENSES, DUES & SUBSCRIP 730 0 0 ALARM & SECURITY 232 0 0 TOTAL 19,917 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BOOK / TAX DEPRECIATION DIFFERENCE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0792684
IRS990/TotalAssetsEOYAmt0845783
IRS990/TotalAssetsGrp/BOYAmt0792684
IRS990/TotalAssetsGrp/EOYAmt0845783
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0176349
IRS990/TotalGrossUBIAmt018881
IRS990/TotalLiabilitiesBOYAmt02000
IRS990/TotalLiabilitiesEOYAmt09745
IRS990/TotalLiabilitiesGrp/BOYAmt02000
IRS990/TotalLiabilitiesGrp/EOYAmt09745
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0790684
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0836038
IRS990/TotalOtherProgSrvcExpenseAmt0144011
IRS990/TotalProgramServiceExpensesAmt0147791
IRS990/TotalProgramServiceRevenueAmt012740
IRS990/TotalReportableCompFromOrgAmt04800
IRS990/TotalRevenueGrp/ExclusionAmt063624
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0103309
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0199806
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt018881
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0792684
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0845783
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0947 DIAMOND HILL RD
IRS990/USAddress/CityNm0WOONSOCKET
IRS990/USAddress/StateAbbreviationCd0RI
IRS990/USAddress/ZIPCd002895
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN PELLETIER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04017629842
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ITALIAN WORKINGMEN'S CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0ITAL
ReturnHeader/Filer/EIN0050297484
ReturnHeader/Filer/PhoneNum04017629842
ReturnHeader/Filer/USAddress/AddressLine1Txt0947 DIAMOND HILL ROAD
ReturnHeader/Filer/USAddress/CityNm0WOONSOCKET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002895
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0830609105
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DHA-AAC GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0779 HIGH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CUMBERLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002864
ReturnHeader/PreparerPersonGrp/PhoneNum04014054455
ReturnHeader/PreparerPersonGrp/PreparationDt02025-02-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JUSTIN DUQUETTE CPA
ReturnHeader/ReturnTs02025-03-15T14:13:23-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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