Rotary International
- Assets
- $8.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Torrington, CT
- Founding
- 09/1942
- Data as of
- 06/2022
- EIN
- 06-6037788
Organization Overview
Rotary International is located in Torrington, CT. 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 06/2022, Rotary International generated $43.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $42.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.7%) 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
2022
Describe the Organization's Program Activity:
Part 3
THE CLUB IS A MEMBER OF ROTARY INTERNATIONAL, AN INTERNATIONAL SERVICEORGANIZATION. THE LOCAL CLUB RAISES FUNDS FOR BOTH LOCAL AND INTERNATIONAL PROJECTS AS DETAILED IN THE SCHEDULE OF GRANTS AND ALLOCATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor Muschell President | 5 | $0 | |
Guy Rovezzi President Elect | 5 | $0 | |
Jeffrey Smith Treasurer | 5 | $0 | |
Matt Pagano Director | 2 | $0 | |
Brian Mattiello Director | 2 | $0 | |
Maria Countant-Skinner Past President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,687 |
| Total Program Service Revenue | $26,883 |
| Membership dues | $11,808 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $497 |
| Total Revenue | $43,875 |
| 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 | $600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $639 |
| Other expenses | $36,370 |
| Total expenses | $42,296 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,866 |
| Other assets | $0 |
| Total assets | $8,866 |
| Total liabilities | $955 |
| Net assets or fund balances | $7,911 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rotary International has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Northwest Connecticut Community Foundation Inc Torrington, CT PURPOSE: General Support | $20,000 |
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