Rotary International is located in Downers Grove, IL. The organization was established in 1966. 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 06/2023, Rotary International generated $207.0k in total revenue. All expenses for the organization totaled $204.0k during the year ending 06/2023. While expenses have increased by 63.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE AND FOSTER THE IDEAL OF SERVICE AS A BASIS OF WORTHY ENTERPRISE
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT SCHOLORSHIPS - THE CLUB PROVIDES SCHOLORSHIPS TO COMMUNITY SERVICE ORIENTATED STUDENTS
DISTRICT AND INTERNATIONAL DUES - THE CLUBS DUES ARE USED TO PROVIDE CONTRIBUTIONS TO VARIOUS CHARITABLE ORGANIZATIONS LOCALLY AND INTERNATIONALLY
COMMUNITY CONTRIBUTIONS - C0NTRIBUTIONS TO VARIOUS ORGANIZATIONS IN DOWNERS GROVE. BY SUPPORTING LOCAL ORGANIZATIONS THE CLUB PROMOTED COMMUNITY GOODWILL AND ROTARY IDEALS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ann Hatten President | OfficerTrustee | 4 | $0 |
Mark Grippando Secretary | OfficerTrustee | 3 | $0 |
W Heath Mielke Treasurer | OfficerTrustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $7,480 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $41,012 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $48,492 |
Total Program Service Revenue | $0 |
Investment income | $507 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $157,960 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $206,959 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $89,537 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $10,164 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $720 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,611 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $23,432 |
Total functional expenses | $204,035 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $112,461 |
Savings and temporary cash investments | $150,000 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $7,025 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $14,361 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $292,315 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $576,162 |
Accounts payable and accrued expenses | $5,058 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $5,058 |
Net assets without donor restrictions | $571,104 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $576,162 |