Rotary International
- Assets
- $24.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boothbay Harbor, ME
- Founding
- 09/1942
- EIN
- 01-0217620
Organization Overview
Rotary International is located in Boothbay Harbor, ME. The organization was established in 1942. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Rotary International is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending undefined, Rotary International generated $11.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.1%) each year. All expenses for the organization totaled $7.5k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (21.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE ROTARY IS TO ENCOURAGE AND FOSTER THE IDEAL OF SERVICE AS A BASIS OF WORTHY ENTERPRISE AND, IN PARTICULAR, TO ENCOURAGE AND FOSTER: FIRST: THE DEVELOPMENT OF ACQUAINTANCE AS AN OPPORTUNITY OF SERVICE; SECOND: HIGH ETHICAL STANDARDS IN BUSINESS AND PROFESSIONS; THE RECOGNITION OF THE WORTHINESS OF ALL USEFUL OCCUPATIONS; AND THE DIGNIFYING OF EACH ROTARIAN OCCUPATION AS AN OPPORTUNITY TO SERVE SOCIETY; THIRD: THE APPLICATION OF THE IDEAL OF SERVICE IN EACH ROTARIANS PERSONAL, BUSINESS AND COMMUNITY LIFE; FOURTH: THE ADVANCEMENT OF INTERNATIONAL UNDERSTANDING, GOODWILL AND PEACE THROUGH A WORLD FELLOWSHIP OF BUSINESS AND PROFESSIONAL PERSONS UNITED IN THE IDEAL OF SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug Roberts Director | 1 | $0 | |
Tony Curulla Past President | 2 | $0 | |
Jonathan Tindal Past President | 0 | $0 | |
Brian Mcgrath Treasurer | 2 | $0 | |
Rick Elder President & CEO | 1 | $0 | |
Lori Zimmerli Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $510 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,050 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,791 |
| Statement of Expenses | |
|---|---|
| Total expenses | $7,502 |
| Balance Sheet | |
|---|---|
| Total assets | $24,437 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,437 |