philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Central Society Tsipianition

Not tax-deductible

Des Plaines, IL501(c)(4)Human ServicesEIN 36-3647022Revenue $324K in FY2024

On file with the IRS733 Lee Street Suite 100b, 60016-6580 · Des Plaines, ILTax-exempt since Dec 2006

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

SEE PART III (a) below

501(c)(4) social-welfare organization; gifts are not tax-deductible as charitable contributions.
95¢ of each $1 spent went to programs.
Run by 5 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $54K a year · 49% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
102 mo
of spending, in cash
Looks good: 102.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$324K
+425% vs prior year
Spent
$65K
To programs
95%
Net assets
$550K
By yearFY2020–FY2024
Revenue
$324K
FY2024▲ +425%
Tap a bar for its year
Revenue by fiscal year
FY2020$53K
FY2021$55K
FY2022$56K
FY2023$62K
FY2024$324K
Expenses
$65K
FY2024▼ -12%
Tap a bar for its year
Expenses by fiscal year
FY2020$46K
FY2021$45K
FY2022$50K
FY2023$74K
FY2024$65K
Net assets
$550K
FY2024▲ +89%
Tap a bar for its year
Net assets by fiscal year
FY2020$289K
FY2021$300K
FY2022$307K
FY2023$290K
FY2024$550K

From the FY2024 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $61K Management & general 5% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
George Revel
Treasure
$0Pt VII · Sec A
Bill Spentzos
Vice President
$0Pt VII · Sec A
Jim Romas
President
$0Pt VII · Sec A
Pete Stavrou
Secretary
$0Pt VII · Sec A
Dominick Vassos
Asst Secretary
$0Pt VII · Sec A
See Central Society Tsipianition executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Central Society Tsipianition is a membership association based in Des Plaines, IL.

Questions for Central Society Tsipianition

Tap to ask. Central Society Tsipianition sees how many people are interested.

Your first name shows with your question. Central Society Tsipianition answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $61K · in their own filed words · FY2024
01

The society has as its objective among Tsipianites in the chicagogoland area the idea of cooperation, mutual help and benevolence and to promote goodwill among them; to promote a better understanding between its members in the United states and the ideals of Hellenism, also to raise the social political level of the Tsipianites

$61Kprogram expense
02

to instruct and promote its members in the ideals, doctrines and principals of the constitution of the United States of America, its laws and the methods of the administration of the government of the united states, the several states and their subdivisions.

Pt IX · col B
03

The offer all possible moral and financial assistance to its members

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2020
Greek American Restaurant AssociationFY2020$6K
Total grants receivedfrom 1 funder$6K

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$324K
Ln 12
Investment incomeLn 3$275K
Gifts and grantsLn 1h$49K
Money outPt IX
$65K
Ln 25
Programscol B$61K
Managementcol C$3K
Owns and owesPt X
$550K
net assets · Ln 32
Cash and savingsLn 1–2$550K
Total assetsLn 16$550K
LiabilitiesLn 26$0
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a0
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$49K
Fundraising eventsLn 1c$48K
Investment incomeLn 3$275K
Gains on assetsLn 7$253K
Total revenueLn 12$324K
Assets in detailPt X, end of year
CashLn 1$550K
Cash and savings togetherLn 1–2$550K
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$550K
LiabilitiesLn 26$0
Net assetsLn 32$550K
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$210K$550K
Land, buildings, equipmentLn 10c$81K$0
Total assetsLn 16$290K$550K
LiabilitiesLn 26$0$0
Net assetsLn 32$290K$550K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$14K$14K
Office expensesLn 13$300$0$300$0
Conferences, conventions and meetingsLn 19$3K$0$3K$0
Other expenses (24a–d)Ln 24$44K$44K$0$0
All other expensesLn 24e$4K$4K$0$0
Total functional expensesLn 25$65K$61K$3K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $324K$65K$260K$550K 990 PDF
FY2023 $62K$74K−$12K$290K 990 PDF
FY2022 $56K$50K$6K$307K 990 PDF
FY2021 $55K$45K$9K$300K 990 PDF
FY2020 $53K$46K$7K$289K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $324,099 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $61,429$49,440
I-9 Program service revenue$0
I-10 Investment income$274,659
I-11 Other revenuePrior year $306$0
I-12 Total revenuePrior year $61,735$324,099
I-13 Grants and similar amounts paidPrior year $3,012$13,774
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $70,493$50,742
I-18 Total expensesPrior year $73,505$64,516
I-19 Revenue less expensesPrior year −$11,770$259,583
Part VI · Governance 2 to look at
VI-1a Voting members of the governing body0
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $324,099 across 6 lines filed
VIII-1b Membership dues$1,450
VIII-1c Fundraising events$47,990
VIII-1h Total contributions, gifts and grants$49,440
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $21,886$21,886
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $252,773$252,773
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $274,659$324,099
Part IX · Statement of functional expenses $64,516 across 5 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $13,774$13,774
IX-13 Office expensesPrograms $0 · Management $300 · Fundraising $0$300
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $3,150 · Fundraising $0$3,150
IX-24 Other expenses (24a–d)Programs $43,681 · Management $0 · Fundraising $0$43,681
IX-24e All other expensesPrograms $3,611 · Management $0 · Fundraising $0$3,611
IX-25 Total functional expensesPrograms $61,066 · Management $3,450 · Fundraising $0$64,516
Part X · Balance sheet $549,815 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $209,677$549,815
X-10c Land, buildings and equipment, netStart of year $80,555$0
X-16 Total assetsStart of year $290,232$549,815
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $290,232$549,815
X-32 Total net assets or fund balancesStart of year $290,232$549,815
X-33 Total liabilities and net assetsStart of year $290,232$549,815
Part XI · Reconciliation of net assets $549,815 net assets at year end
XI-1 Total revenue$324,099
XI-2 Total expenses$64,516
XI-3 Revenue less expenses$259,583
XI-4 Net assets at start of year$290,232
XI-10 Net assets at end of year$549,815

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.