Rotary International
- Assets
- $49.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Prior Lake, MN
- Founding
- 09/1942
- Data as of
- 06/2023
- EIN
- 41-1345884
Organization Overview
Rotary International is located in Prior Lake, MN. 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 06/2023, Rotary International generated $65.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $83.8k during the year ending 06/2023. While expenses have increased by 2.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
PRIOR LAKE ROTARY IS A COMMUNITY SERVICE ACTIVITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Corey Stich President | 0 | $0 | |
Laurie Hartmann Treasurer | 0 | $0 | |
Oksana Oleksyszen President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,048 |
| Total Program Service Revenue | $0 |
| Membership dues | $52,460 |
| Investment income | $103 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,142 |
| Total Revenue | $65,753 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $55,128 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $20,948 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $238 |
| Other expenses | $6,919 |
| Total expenses | $83,790 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,082 |
| Other assets | $0 |
| Total assets | $49,519 |
| Total liabilities | $0 |
| Net assets or fund balances | $49,519 |