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 06/2024, Rotary International generated $54.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $60.0k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 9 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
2024
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
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kathryn Maver Director | 1 | $0 | |
Amy Lewandowski Public Img Chr | 1 | $0 | |
Joseph Musolino Director | 1 | $0 | |
Jim Ray Secretary | 1 | $0 | |
David Weiner Past President | 1 | $0 | |
Ron Gerlach President | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $48,582 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $2,294 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $3,357 |
Total Revenue | $54,233 |
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 | $3,400 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $292 |
Other expenses | $52,853 |
Total expenses | $60,046 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $98,664 |
Other assets | $0 |
Total assets | $98,746 |
Total liabilities | $503 |
Net assets or fund balances | $98,243 |