Rotary International
- Assets
- $64.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Le Sueur, MN
- Founding
- 09/1966
- Data as of
- 06/2024
- EIN
- 41-6080867
Organization Overview
Rotary International is located in Le Sueur, 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 06/2024, Rotary International generated $62.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $64.9k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 2 years. 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
2024
Describe the Organization's Program Activity:
Part 3
WE VOLUNTEER OUR TIME AND TALENTS TO DO GOOD IN THE COMMUNITY AND BEYOND. WE ARE DEDICATED TO SERVING OTHERS BY CARRYING OUT ROTARY'S MOTTO, SERVICE ABOVE SELF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Grothe President | 5 | $0 | |
Betty Jo Braun Secretary | 4 | $0 | |
Tom Obele Treasurer | 3 | $0 | |
Newell Krogmann Member | 2 | $0 | |
Ruth Vortherms Member | 2 | $0 | |
Henry Endres Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,095 |
| Total Program Service Revenue | $7,761 |
| Membership dues | $5,405 |
| Investment income | $383 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $19,307 |
| Other Revenue | $0 |
| Total Revenue | $61,951 |
| 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 | $634 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $64,236 |
| Total expenses | $64,870 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,949 |
| Other assets | $0 |
| Total assets | $64,949 |
| Total liabilities | $0 |
| Net assets or fund balances | $64,949 |