Lake Mahopac Rotary Foundation Inc
- Assets
- $173.0k
- Revenue
- $70.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Mahopac, NY
- Founding
- 08/1993
- Data as of
- 12/2022
- EIN
- 14-1746381
Organization Overview
Lake Mahopac Rotary Foundation Inc is located in Mahopac, NY. The organization was established in 1993. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Lake Mahopac Rotary Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Lake Mahopac Rotary Foundation Inc generated $70.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 28.1% each year . All expenses for the organization totaled $50.4k during the year ending 12/2022. While expenses have increased by 14.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denis J Marousek President | 5 | $0 | |
Grace M Vinciguerra Board Member | 2 | $0 | |
William J Carlin Jr Treasurer | 2 | $0 | |
Regina Morini Vice Preside | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $66 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $70,589 |
| Total Revenue | $70,655 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,814 |
| Total operating and administrative expenses | $3,565 |
| Contributions, gifts, grants paid | $46,866 |
| Total expenses and disbursements | $50,431 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,325 |
| Savings and temporary cash investments | $171,661 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $172,986 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lake Mahopac Rotary Foundation Inc has awarded $46,866 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
HAILEY MARTINEZ PURPOSE: SCHOLARSHIP | $1,250 |
MADISON DECOLA PURPOSE: SCHOLARSHIP | $1,000 |
MATTHEW LUCZKOWSKI PURPOSE: SCHOLARSHIP | $1,000 |
JENNA MAYER PURPOSE: SCHOLARSHIP | $1,000 |
GABRIELLE LAMA PURPOSE: SCHOLARSHIP | $1,250 |
PUTNAM CAP PURPOSE: CHARITABLE | $4,000 |