Rotary International
- Assets
- $42.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hastings, MI
- Founding
- 09/1942
- Data as of
- 06/2022
- EIN
- 38-6090631
Organization Overview
Rotary International is located in Hastings, 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 $62.5k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $59.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 5 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 |
|---|---|---|---|
David Solmes Treasurer | 5 | $0 | |
Sarah Alden Past Preside | 2 | $0 | |
Jillian Foster President El | 2 | $0 | |
Carl Schoessel Secretary | 5 | $0 | |
Craig Stolsonburg Director | 2 | $0 | |
Patty Woods Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,241 |
| Total Program Service Revenue | $0 |
| Membership dues | $34,606 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,624 |
| Other Revenue | $0 |
| Total Revenue | $62,480 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $18,539 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $275 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $361 |
| Other expenses | $7,217 |
| Total expenses | $59,465 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,053 |
| Other assets | $0 |
| Total assets | $42,818 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,818 |
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