Civic Intelligence

Alta Social Settlement Inc

EIN 34-0714620 • 501(c)3 • Cleveland, OH

Profile

The mission of the organization is to facilitate coordinated social, educational and recreational services to the mayfield-murray hill/university circle community. The agency is northern ohio's italian cultural center in little italy and its mission is dedicated to the preservation and enrichment of italian culture and heritage. The agency is also a social and local community center offering guidance programs and related services to individuals and organizations. They strengthen the italian american community and support the continual progressive development of the little italy area by working together with residents, government, and like minded organizations.

12510 Mayfield RdCleveland, OH 44106

n/A

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.00x

Higher debt load relative to assets than 22% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

31st percentile

0.01x

Higher debt load relative to revenue than 31% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

4th percentile

-76%

Higher net margin than 4% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

93rd percentile

80%

Faster asset growth than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

49%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,312,402

Up $588,736 (+81%) from 2022

Liabilities

Down

$1,008

Down $1,088 (-52%) from 2022

Net Assets

Up

$1,311,394

Up $589,824 (+82%) from 2022

Revenue

Up

$75,383

Up $59,141 (+364%) from 2022

Expenses

Down

$132,499

Down $40,554 (-23%) from 2022

Net Income

Up

-$57,116

Up $99,695 (+64%) from 2022

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $661,611Liabilities 2010: $11,639Net Assets 2010: $649,9722010Assets 2011: $682,208Liabilities 2011: $5,607Net Assets 2011: $676,6012011Assets 2014: $1,053,312Liabilities 2014: $22,682Net Assets 2014: $1,030,6302014Assets 2017: $975,298Liabilities 2017: $4,747Net Assets 2017: $970,5512017Assets 2019: $913,372Liabilities 2019: $69Net Assets 2019: $913,3032019Assets 2021: $966,935Liabilities 2021: $88,554Net Assets 2021: $878,3812021Assets 2022: $723,666Liabilities 2022: $2,096Net Assets 2022: $721,5702022Assets 2024: $1,312,402Liabilities 2024: $1,008Net Assets 2024: $1,311,3942024

Highlighted filing

2024

Assets$1,312,402
Liabilities$1,008
Net Assets$1,311,394

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $373,9252010Expenses 2011: $240,1012011Revenue 2014: $450,062Expenses 2014: $160,444Net Income 2014: $289,6182014Revenue 2017: $62,388Expenses 2017: $74,921Net Income 2017: -$12,5332017Revenue 2019: $26,908Expenses 2019: $59,845Net Income 2019: -$32,9372019Revenue 2021: $27,050Expenses 2021: $26,261Net Income 2021: $7892021Revenue 2022: $16,242Expenses 2022: $173,053Net Income 2022: -$156,8112022Revenue 2024: $75,383Expenses 2024: $132,499Net Income 2024: -$57,1162024

Highlighted filing

2024

Revenue$75,383
Expenses$132,499
Net Income-$57,116

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 7, 2025
Return Version
2023v6.0
Gross Receipts
$75,383
Mission and Program Overview

Mission

To facilitate coordinated social, educational and recreational services to the mayfield-murray hill/university circle community. The agency is northern ohio's italian cultural center in little italy and its mission is dedicated to the preservation and enrichment of italian culture andheritage. The agency is also a social and local community center offering guidance programs and related services to individuals and organizations. They strengthen the italian-american community and support the continual progressive development of the little italy areaby working together with residents, government, and like-minded organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$618,414$1,197,088▲ $578,674
Cash and Non-Interest-Bearing Accounts$111,841$115,314▲ $3,473
Total Assets$730,255$1,312,402▲ $582,147
Liabilities
Accounts Payable and Accrued Expenses$2,096$1,008▼ $1,088
Total Liabilities$2,096$1,008▼ $1,088
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$728,159$1,311,394▲ $583,235
Total Net Assets Fund Balance$728,159$1,311,394▲ $583,235
Total Liabilities and Net Assets / Fund Balance$730,255$1,312,402▲ $582,147

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,104,333$1,125,189$2,229,522
Land$90,000-$90,000
Other Land Buildings$0$19,853$19,853
Equipment$2,755$107$2,862
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael CipulloPresident
Dennis StrnadVice President
Dominic GogolDirector
Maria MastrandreaDirector
Scott MoodyDirector
William DavisDirector
Kolleen GregorioSecretary
Tim TripepiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,189
Program Service Revenue
$58,797
Investment Income
$1,247
Other Revenue
$5,150
All Other Contributions
$10,189
Change in Net Assets
$-57,116
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$132,499
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$6,546$57,992-$64,538
Fees for Services Management-$10,515-$10,515
All Other Expenses-$4,408-$4,408
Office Expenses-$3,599-$3,599
Advertising-$2,557-$2,557
Other Expenses$14,955$2,051-$2,051
Fees for Services Accounting-$986-$986
Interest-$3-$3
Total Functional Expenses$41,449$91,050$0$132,499
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Review of form 990 - the independent accounting firm prepares form 990 and presents it to the president for review and approval. Form 990 is then electronically distributed to the board of directors in advance of filing.

Form 990, Part VI, Section C, Line 19

Availability of documents - the organization does not make its governing documents, conflict of interest policy or financial statements available to the general public.

Filing and Contact Details

Filer

Filer Name
Alta Social Settlement Inc
EIN
34-0714620
Phone
2164211536
Address
12510 MAYFIELD RD, CLEVELAND, OH 44106

Signing Officer

Name
Michael Cipullo
Title
President
Phone
2164211536
Signed
2025-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Cipullo
Formed
1895
Legal Domicile
Oh
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Stefanek Regalbuto LLC
Address
6150 PARKLAND BLVD SUITE 200, MAYFIELD HEIGHTS, OH 44124
Preparer
Joseph Regalbuto CPA
Phone
4405833990
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Shared building improvements transferred to the organization from related organization - cleveland montessori at alta house, llc (fein 47-4028585) 640,350.

Financial Statement Notes

PART X, LINE 2:

Asc 740 footnote - the following footnote is from the combined financial statements that include 2 related organizations: the organization is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. The organization believes it has appropriate support for any tax positions taken and, as such, does not have any undertain tax positions that are material to the combined financial statements. As of june 30, 2024, the organization's income tax years from 2021 and thereafter remain subject to examination by the internal revenue service, as well as various state and local taxing authorities.

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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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0850
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02448
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt011379
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt025882
IRS990ScheduleA/TotalSupportAmt041010
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01104333
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01125189
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02229522
IRS990ScheduleD/EquipmentGrp/BookValueAmt02755
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0107
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02862
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt090000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt090000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt019853
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt019853
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ASC 740 FOOTNOTE - THE FOLLOWING FOOTNOTE IS FROM THE COMBINED FINANCIAL STATEMENTS THAT INCLUDE 2 RELATED ORGANIZATIONS: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNDERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE COMBINED FINANCIAL STATEMENTS. AS OF JUNE 30, 2024, THE ORGANIZATION'S INCOME TAX YEARS FROM 2021 AND THEREAFTER REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, AS WELL AS VARIOUS STATE AND LOCAL TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01197088
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEW OF FORM 990 - THE INDEPENDENT ACCOUNTING FIRM PREPARES FORM 990 AND PRESENTS IT TO THE PRESIDENT FOR REVIEW AND APPROVAL. FORM 990 IS THEN ELECTRONICALLY DISTRIBUTED TO THE BOARD OF DIRECTORS IN ADVANCE OF FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABILITY OF DOCUMENTS - THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SHARED BUILDING IMPROVEMENTS TRANSFERRED TO THE ORGANIZATION FROM RELATED ORGANIZATION - CLEVELAND MONTESSORI AT ALTA HOUSE, LLC (FEIN 47-4028585) 640,350.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CLEVELAND MONTESSORI SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1CLEVELAND MONTESSORI AT ALTA HOUSE LLC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0341767241
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1474028585
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1FUNDRAISING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 12A, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt012510 MAYFIELD RD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt112510 MAYFIELD RD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CLEVELAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1CLEVELAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd044106
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd144106
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0730255
IRS990/TotalAssetsEOYAmt01312402
IRS990/TotalAssetsGrp/BOYAmt0730255
IRS990/TotalAssetsGrp/EOYAmt01312402
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt010189
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt091050
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt041449
IRS990/TotalFunctionalExpensesGrp/TotalAmt0132499
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02096
IRS990/TotalLiabilitiesEOYAmt01008
IRS990/TotalLiabilitiesGrp/BOYAmt02096
IRS990/TotalLiabilitiesGrp/EOYAmt01008
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0728159
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01311394
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt041449
IRS990/TotalProgramServiceRevenueAmt058797
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01247
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt063947
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt075383
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0730255
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01312402
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt012510 MAYFIELD RD
IRS990/USAddress/CityNm0CLEVELAND
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044106
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.ALTAHOUSE.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL CIPULLO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02164211536
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALTA SOCIAL SETTLEMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0ALTA
ReturnHeader/Filer/EIN0340714620
ReturnHeader/Filer/PhoneNum02164211536
ReturnHeader/Filer/USAddress/AddressLine1Txt012510 MAYFIELD RD
ReturnHeader/Filer/USAddress/CityNm0CLEVELAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044106
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00

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