Rotary International
- Assets
- $102.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Detroit Lakes, MN
- Founding
- 09/1942
- Data as of
- 06/2022
- EIN
- 41-1641575
Organization Overview
Rotary International is located in Detroit Lakes, 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 $79.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $58.9k 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 |
|---|---|---|---|
Tera Guetter President | 0 | $0 | |
Vern Schnathorst Board Member | 0 | $0 | |
Gina Nosal Board Member | 0 | $0 | |
Sheri Leitheiser Treasurer | 0 | $0 | |
Tom Klyve Board Member | 0 | $0 | |
John Anderson President Elect | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,571 |
| Total Program Service Revenue | $0 |
| Membership dues | $26,931 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,081 |
| Other Revenue | $0 |
| Total Revenue | $79,433 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $20,989 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,155 |
| Total expenses | $58,860 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,612 |
| Other assets | $0 |
| Total assets | $102,016 |
| Total liabilities | $5,642 |
| Net assets or fund balances | $96,374 |
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