Rotary International
- Assets
- $261.2k
- Revenue
- $353.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Spring Lake, MI
- Founding
- 09/1942
- Data as of
- 06/2024
- EIN
- 38-2555931
Organization Overview
Rotary International is located in Spring Lake, MI. The organization was established in 1942. 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 $353.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $383.6k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE AND FOSTER THE IDEA OF SERVICE AS A BASIS OF WORTHY ENTERPRISE, AND, IN PARTICULAR, TO ENCOURAGE AND FOSTER THE DEVELOPMENT OF ACQUAINTANCES AS AN OPPORTUNITY FOR SERVICE; HIGH ETHICAL STANDARDS IN BUSINESS; THE APPLICATION OF THE IDEAL OF SERVICE IN EACH ROTARIAN'S PERSONAL, BUSINESS AND COMMUNITY LIFE; AND THE ADVANCEMENT OF INTERNATIONAL UNDERSTANDING, GOODWILL AND PEACE THROUGH A WORD OF FELLOWSHIP OF BUSINESS AND PROFESSIONAL PERSONS UNITED IN THE IDEAL OF SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOSTED CONFERENCES FOR INBOUND AND OUTBOUND FOREIGN EXCHANGE STUDENTS PROMOTING GOODWILL AND FELLOWSHIP BETWEEN VARIOUS COUNTRIES OF THE WORLD. HOSTED THE LIFE LEADERSHIP YOUTH CONFERENCE FOR APPROXIMATELY 120 HIGH SCHOOL STUDENTS THROUGHOUT THE DISTRICT, TEACHING TEAM LEADERSHIP SKILLS. HOSTED DISTRICT CONFERENCE FOR ROTARIANS EDUCATING THEM ON THE ACCOMPLISHMENTS OF THE ROTARY YEAR AND THE TASKS CHARGED TO THEM FOR THE FUTURE. HOSTED PRESIDENT-ELECT TRAINING SEMINAR FOR ALL INCOMING CLUB PRESIDENTS TEACHING THEM LEADERSHIP SKILLS AND GOALS/EXPECTATIONS FOR THEIR YEAR AS PRESIDENT.
WORLD-WIDE COMMUNITY SERVICE PROJECTS UNDERTAKEN TO PROVIDE SUPPLIES AND OTHER NEEDED ITEMS TO DISASTER STRICKEN OR IMPOVERISHED AREAS OF THE WORLD.
VARIOUS SMALLER ROTARY CONVENTIONS, TRAINING SESSIONS, MONTHLY NEWSLETTER TO ALL ROTARIANS, PUBLIC RELATION ACTIVITIES AND SUPPORT FOR THE ROTARY FOUNDATION IN THE EFFORTS TO PROMOTE WORLD-WIDE UNDERSTANDING, GOODWILL AND PEACE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Coil District Governor | OfficerTrustee | 20 | $0 |
Robert Marcus Treasurer | OfficerTrustee | 2 | $0 |
Tom Schmidt Secretary | OfficerTrustee | 2 | $0 |
Brianna Scott District Governor Elect | Trustee | 2 | $0 |
Mark Andresky District Governor Nominee | Trustee | 2 | $0 |
Paul Heroman Imm. Past Dist. Gov. | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $111,034 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $122,089 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $233,123 |
| Total Program Service Revenue | $102,991 |
| Investment income | $6,110 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $11,622 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $353,846 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $56,905 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,057 |
| Advertising and promotion | $4,995 |
| Office expenses | $7,723 |
| Information technology | $670 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $18,920 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29,014 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $46,339 |
| Total functional expenses | $383,562 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $124,761 |
| Savings and temporary cash investments | $128,523 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,757 |
| 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 | $4,148 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $261,189 |
| Accounts payable and accrued expenses | $42,060 |
| 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 | $42,060 |
| Net assets without donor restrictions | $219,129 |
| 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 | $261,189 |