North Haven Rotary Foundaton
- Assets
- $279.4k
- Revenue
- $54.4k
- Investments
- $248.3k
- Employees
- 0
- Location
- North Haven, CT
- Founding
- 09/1972
- Data as of
- 06/2022
- EIN
- 23-7155608
Organization Overview
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 4 years, it has increased revenue by an average of 30.4% each year . All expenses for the organization totaled $28.3k during the year ending 06/2022. While expenses have increased by 28.2% 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.
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicholas D'ambrosia Chairman | 1 | $0 | |
Debbie Volain Trustee | 1 | $0 | |
Harold E Ginter Jr Treasurer | 1 | $0 | |
Ronald Bathrick Jr Trustee | 1 | $0 | |
Michael Hallahan Trustee | 1 | $0 | |
Mark Lesage Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,490 |
| Interest on Savings | $0 |
| Dividends & Interest | $13,092 |
| 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 | $34,810 |
| Total Revenue | $54,392 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,335 |
| 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 |
| Savings and temporary cash investments | $0 |
| 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 | $279,411 |
| 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, North Haven Rotary Foundaton has awarded $13,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
MELIH UZIN PURPOSE: COLLEGE SCHOLARSHIP | $1,500 |
NICK NGUYEN PURPOSE: COLLEGE SCHOLARSHIP | $1,500 |
CALEY NEVILLE PURPOSE: COLLEGE SCHOLARSHIP | $1,000 |
JULIANNA MASCIA PURPOSE: COLLEGE SCHOLARSHIP | $1,000 |
LUKE NUGENT PURPOSE: COLLEGE SCHOLARSHIP | $1,000 |
SAVANNAH CIAK PURPOSE: COLLEGE SCHOLARSHIP | $1,000 |
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|---|---|---|
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Avodah The Jewish Service Corps Inc New York, NY | $2,569,454 | $4,032,872 |
Hunger Free America Inc New York, NY | $2,319,530 | $4,469,828 |
Duet Inc Boston, MA | $6,806,173 | $2,616,940 |
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Beverly Bootstraps Community Services Inc Beverly, MA | $4,894,230 | $3,812,674 |
Epic Family Of Human Service Agencies East Meadow, NY | $11,025,847 | $7,313,601 |