Reed City Rotary Charties
- Assets
- $179.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Reed City, MI
- Founding
- 06/2006
- Data as of
- 12/2023
- EIN
- 20-4716669
Organization Overview
Reed City Rotary Charties is located in Reed City, MI. The organization was established in 2006. 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. Reed City Rotary Charties 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 12/2023, Reed City Rotary Charties generated $144.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 45.6% each year . All expenses for the organization totaled $19.5k during the year ending 12/2023. While expenses have increased by 0.9% per year over the past 2 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Thompson Director | 1 | $0 | |
Ron Marek Director | 1 | $0 | |
Ruth E Sajnenkoff Treasurer | 1 | $0 | |
William Martin Director | 1 | $0 | |
Derek Lodholtz President | 1 | $0 | |
Julie Hanson Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,974 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,627 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,680 |
| Other Revenue | $0 |
| Total Revenue | $144,281 |
| 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 | $8,434 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $153 |
| Other expenses | $10,917 |
| Total expenses | $19,504 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $179,007 |
| Other assets | $0 |
| Total assets | $179,007 |
| Total liabilities | $0 |
| Net assets or fund balances | $179,007 |