Rotary International
- Assets
- $135.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Presque Isle, ME
- Founding
- 05/1958
- Data as of
- 06/2024
- EIN
- 01-6018761
Organization Overview
Rotary International is located in Presque Isle, ME. The organization was established in 1958. 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 06/2024, Rotary International generated $99.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $51.0k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
THE PRESQUE ISLE ROTARY CLUB RAISES FUNDS FOR VARIOUS COMMUNITY BETTERMENT PROJECTS PRIMARILY THROUGH AUCTIONS AND SPECIAL PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brett Varnum Director | 1 | $0 | |
Nicole Divito Secretary | 1 | $0 | |
Matthew Bouchard Vice Preside | 1 | $0 | |
Jamie Guerrette Director | 1 | $0 | |
Derik Smith Treasurer (4 | 1 | $0 | |
Karen Gonya 2nd Vice Pre | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,371 |
| Total Program Service Revenue | $69,271 |
| Membership dues | $22,891 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,004 |
| Total Revenue | $99,543 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,074 |
| Occupancy, rent, utilities, and maintenance | $1,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $47,906 |
| Total expenses | $50,980 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $135,098 |
| Other assets | $0 |
| Total assets | $135,098 |
| Total liabilities | $2,675 |
| Net assets or fund balances | $132,423 |