Rotary International
- Assets
- $92.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Elk River, MN
- Founding
- 05/1958
- Data as of
- 06/2022
- EIN
- 41-6040020
Organization Overview
Rotary International is located in Elk River, MN. The organization was established in 1958. 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 $84.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $43.7k during the year ending 06/2022. While expenses have increased by 0.8% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
ENCOURAGE AND FOSTER THE IDEAL OF SERVICE AS A BASIS OF WORTHY ENTERPRISE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Fish Secretary | 3 | $0 | |
Molly Hanson Director | 1 | $0 | |
Dirk Barret Director | 1 | $0 | |
Tove Lichty President | 3 | $0 | |
Dan Weber Director | 1 | $0 | |
Jeff Labarre Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $800 |
| Total Program Service Revenue | $0 |
| Membership dues | $9,601 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $73,899 |
| Other Revenue | $0 |
| Total Revenue | $84,300 |
| 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 | $518 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,824 |
| Total expenses | $43,742 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $91,954 |
| Other assets | $0 |
| Total assets | $92,054 |
| Total liabilities | $0 |
| Net assets or fund balances | $92,054 |
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