Rotary International
- Assets
- $100.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlevoix, MI
- Founding
- 09/1942
- Data as of
- 06/2022
- EIN
- 38-2839729
Organization Overview
Rotary International is located in Charlevoix, 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 06/2022, Rotary International generated $68.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $29.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kent Knorr President | 3 | $0 | |
Bryan Lindfors Vice President | 1 | $0 | |
Corey Bascom Treasurer | 3 | $0 | |
Margaret Potter Secretary | 1 | $0 | |
Aaron Wilkin Director | 1 | $0 | |
Rick Golding Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,156 |
| Total Program Service Revenue | $0 |
| Membership dues | $21,243 |
| Investment income | $559 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $45,580 |
| Other Revenue | $0 |
| Total Revenue | $68,538 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $9,246 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $522 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,295 |
| Total expenses | $29,229 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,821 |
| Other assets | $0 |
| Total assets | $100,821 |
| Total liabilities | $1,111 |
| Net assets or fund balances | $99,710 |