Rotary International is located in Rochelle, 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 $29.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $29.1k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 4 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
SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michelle Pease President | 5 | $0 | |
Sarah Flanagan Secretary | 5 | $0 | |
Chuck Watkins Treasurer | 5 | $0 | |
Lance Charnock President Elect | 5 | $0 | |
Greg Folmar Member-At-Large | 5 | $0 | |
Josh Carney Member-At-Large | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $8,774 |
Total Program Service Revenue | $0 |
Membership dues | $13,592 |
Investment income | $151 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $6,978 |
Other Revenue | $0 |
Total Revenue | $29,495 |
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 | $595 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $322 |
Other expenses | $28,148 |
Total expenses | $29,065 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $33,843 |
Other assets | $0 |
Total assets | $33,843 |
Total liabilities | $0 |
Net assets or fund balances | $33,843 |