Rotary International
- Assets
- $98.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington Heights, IL
- Founding
- 05/1958
- Data as of
- 06/2022
- EIN
- 36-6109766
Organization Overview
Rotary International is located in Arlington Heights, IL. The organization was established in 1958. 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 06/2022, Rotary International generated $52.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $58.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MEETINGS AND PUBLICATIONS TO COMMUNICATE METHODS TO SHARE SERVICE AND MAINTAIN HIGH ETHICAL STANDARDS IN THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betsy Kmiecik Voc Serv Chair | 1 | $0 | |
Joseph Musolino Membership Dir | 1 | $0 | |
Rick Koebernick President | 6 | $0 | |
Marilyn Genther Secretary | 1 | $0 | |
David Weiner President Elect | 2 | $0 | |
Mark Tauber Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,613 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $43 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,173 |
| Total Revenue | $52,829 |
| 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 | $1,804 |
| Occupancy, rent, utilities, and maintenance | $1,556 |
| Printing, publications, postage, and shipping | $239 |
| Other expenses | $52,988 |
| Total expenses | $58,537 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,388 |
| Other assets | $0 |
| Total assets | $98,311 |
| Total liabilities | $120 |
| Net assets or fund balances | $98,191 |
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