Rotary International
- Assets
- $48.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Detroit Lakes, MN
- Founding
- 09/1966
- Data as of
- 06/2022
- EIN
- 41-6080860
Organization Overview
Rotary International is located in Detroit Lakes, MN. The organization was established in 1966. 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 $43.3k 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 (10.9%) each year. All expenses for the organization totaled $69.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.9%) 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 |
|---|---|---|---|
Kelcey Klemm Director | 1 | $0 | |
Cara Frank Director | 1 | $0 | |
Name Not Listed President | 3 | $0 | |
Crystal Piekarski Secretary | 3 | $0 | |
Blake Jacobus Treasurer | 4 | $0 | |
Steve Erickson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $19,635 |
| Investment income | $120 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,515 |
| Other Revenue | $0 |
| Total Revenue | $43,270 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $30,635 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,900 |
| Total expenses | $69,372 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,704 |
| Other assets | $0 |
| Total assets | $48,926 |
| Total liabilities | $3,890 |
| Net assets or fund balances | $45,036 |
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