Rotary International is located in Wells, 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 06/2020, Rotary International generated $19.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $20.5k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
PROVIDED FUNDS FOR LOCAL COMMUNITY PROGRAMS AND PROJECTS, INCLUDING BREAST CANCER AWARENESS, COMMUNITY SERVICE ORGANIZATIONS, EDUCATIONAL SCHOLARSHIPS, LITERACY, AND OTHERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Coyne President | 5 | $0 | |
Judith Desmeules Treasurer | 5 | $0 | |
Eleanor Vadenais Secretary | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $4,305 |
Total Program Service Revenue | $1,600 |
Membership dues | $4,740 |
Investment income | $362 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $8,755 |
Other Revenue | $0 |
Total Revenue | $19,762 |
Statement of Expenses | |
---|---|
Total expenses | $20,496 |
Balance Sheet | |
---|---|
Total assets | $118,787 |
Total liabilities | $8,162 |
Net assets or fund balances | $110,625 |