Rotary International
- Assets
- $168.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waconia, MN
- Founding
- 09/1942
- Data as of
- 06/2022
- EIN
- 41-1569313
Organization Overview
Rotary International is located in Waconia, 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 06/2022, Rotary International generated $52.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $49.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.4%) 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 |
|---|---|---|---|
Greg Scheff Vice President | 2 | $0 | |
Ron Kolb Treasurer | 2 | $0 | |
Edward Van Eeckhout Secretary | 1 | $0 | |
Mitchell Scrimgeour President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,002 |
| Total Program Service Revenue | $0 |
| Membership dues | $25,915 |
| Investment income | $3,697 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,538 |
| Other Revenue | $0 |
| Total Revenue | $52,152 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $200 |
| Other expenses | $48,498 |
| Total expenses | $49,898 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,275 |
| Other assets | $0 |
| Total assets | $168,275 |
| Total liabilities | $0 |
| Net assets or fund balances | $168,275 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rotary International has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Edina Rotary Foundation Inc Edina, MN PURPOSE: EJEDA HOSPITAL PROJECT CONTRIBUTION | $10,000 |
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