Rotary International
- Assets
- $547.0k
- Revenue
- $545.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Milwaukee, WI
- Founding
- 09/1942
- Data as of
- 06/2023
- EIN
- 39-0579290
Organization Overview
Rotary International is located in Milwaukee, WI. 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. As of 06/2023, Rotary International employed 2 individuals. 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 06/2023, Rotary International generated $545.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $546.0k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SERVICES TO SOCIAL AND CIVIC ORGANIZATIONS TO PROMOTE SOCIAL AND CIVIC INVOLVEMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ROTARY CLUB OF MILWAUKEE PROVIDES SERVICES TO SEVERAL SOCIAL AND CIVIC ORGANIZATIONS AND SERVICES TO MEMBERS WHICH PROMOTE SOCIAL AND CIVIC INVOLVEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Hung President | OfficerTrustee | 10 | $0 |
Mary Mccormick Secretary/executive Direct | OfficerTrustee | 40 | $120,000 |
William Coleman Treasurer | OfficerTrustee | 5 | $0 |
Leslie Hauser President-Elect | OfficerTrustee | 5 | $0 |
John Franke Sergeant-At-Arms | OfficerTrustee | 1 | $0 |
Todd Bentley Immediate Past President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $523,537 |
| Investment income | $1,837 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $545,449 |
| 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. | $153,095 |
| Compensation of current officers, directors, key employees. | $18,371 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $66,422 |
| Pension plan accruals and contributions | $4,120 |
| Other employee benefits | $7,939 |
| Payroll taxes | $14,444 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,654 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,253 |
| Advertising and promotion | $0 |
| Office expenses | $17,568 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,017 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,028 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $64 |
| Insurance | $1,558 |
| All other expenses | $23,853 |
| Total functional expenses | $545,979 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$8,262 |
| Savings and temporary cash investments | $282,067 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $273,147 |
| 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 | $0 |
| 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 | $546,952 |
| Accounts payable and accrued expenses | $43,483 |
| Grants payable | $0 |
| Deferred revenue | $261,351 |
| 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 | $304,834 |
| Net assets without donor restrictions | $242,118 |
| 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 | $546,952 |