North Haven Rotary Foundaton is located in North Haven, CT. The organization was established in 1972. 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. North Haven Rotary Foundaton 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 06/2022, North Haven Rotary Foundaton generated $54.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 46.1% each year . All expenses for the organization totaled $28.3k during the year ending 06/2022. While expenses have increased by 31.4% per year over the past 3 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION AWARDS SCHOLARSHIPS TO RESIDENTS OF NORTH HAVEN WHO ATTEND NORTH HAVEN HIGH SCHOOL, GATEWAY COMMUNITY TECHNICAL COLLEGE AND QUINNIPIAC UNIVERSITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Harold E Ginter Jr Treasurer | 1 | $0 | |
Nicholas D'ambrosia Chairman | 1 | $0 | |
Debbie Volain Trustee | 1 | $0 | |
Michael Hallahan Trustee | 1 | $0 | |
Ronald Bathrick Jr Trustee | 1 | $0 | |
Mark Lesage Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $6,490 |
Interest on Savings | $0 |
Dividends & Interest | $13,092 |
Profit on Inventory Sales | $0 |
Other Income | $34,810 |
Total Revenue | $54,392 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Pension plans, employee benefits | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Total operating and administrative expenses | $15,335 |
Contributions, gifts, grants paid | $13,000 |
Total expenses and disbursements | $28,335 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $31,070 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Other assets | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Over the last fiscal year, North Haven Rotary Foundaton has awarded $13,000 in support to 12 organizations.
Grant Recipient | Amount |
---|---|
HANNAH AUDDINO PURPOSE: COLLEGE SCHOLARSHIP | $1,000 |
SAVANNAH CIAK PURPOSE: COLLEGE SCHOLARSHIP | $1,000 |
JULIANNA MASCIA PURPOSE: COLLEGE SCHOLARSHIP | $1,000 |
RILEY MINNS PURPOSE: COLLEGE SCHOLARSHIP | $1,000 |
CALEY NEVILLE PURPOSE: COLLEGE SCHOLARSHIP | $1,000 |
LUKE NUGENT PURPOSE: COLLEGE SCHOLARSHIP | $1,000 |