Rotary International is located in Saco, ME. 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 $111.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $86.5k during the year ending 06/2022. While expenses have increased by 1.7% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE CLUB MEMBERS TO ORGANIZE AND PROMOTE FUNDRAISING EVENTS, ACTIVITIES, AND PROGRAMS TO RAISE MONEY FOR NEEDY INDIVIDUALS AND ORGANIZATIONS IN LOCAL COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS AND GIFTS TO VARIOUS ORGANIZATIONS AND NEEDY INDIVIDUALS
INTERNATIONAL PROJECTS INCLUDING POLIO PLUS.
SCHOLARSHIPS FOR ACADEMIC PURPOSES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Martin Grohman Immediate Past President | Officer | 1 | $0 |
Susan Gajewski Treasurer | Officer | 2 | $0 |
Brenda Pollock President-Elect | Officer | 2 | $0 |
Don Pilon President | Officer | 4 | $0 |
Julie Villemaire Secretary | Officer | 1 | $0 |
Paulette Bonneau Vice-President | Officer | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $10,433 |
Fundraising events | $40,522 |
Related organizations | $2,000 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $447 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $53,402 |
Total Program Service Revenue | $7,608 |
Investment income | $16,898 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $19,081 |
Net Income from Gaming Activities | $14,326 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $111,315 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $26,451 |
Grants and other assistance to domestic individuals. | $14,015 |
Grants and other assistance to Foreign Orgs/Individuals | $8,176 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $35 |
Fees for services: Accounting | $1,105 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $4,261 |
Fees for services: Other | $0 |
Advertising and promotion | $22,272 |
Office expenses | $568 |
Information technology | $807 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $423 |
Interest | $0 |
Payments to affiliates | $5,769 |
Depreciation, depletion, and amortization | $0 |
Insurance | $315 |
All other expenses | $2,304 |
Total functional expenses | $86,501 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $229,748 |
Savings and temporary cash investments | $30,194 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $437,471 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $697,413 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $487,249 |
Net assets with donor restrictions | $210,164 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $697,413 |
Over the last fiscal year, Rotary International has awarded $27,873 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
THORNTON ACADEMY PURPOSE: DONATION FOR ATHLETIC COMPLEX IMPVMTS | $25,000 |
THE ROTARY FOUNDATION PURPOSE: CHARITABLE GIVING | $2,873 |
Beg. Balance | $507,887 |
Earnings | -$74,997 |
Admin Expense | $4,261 |
Grants | $7,662 |
Ending Balance | $420,967 |
Organization Name | Assets | Revenue |
---|---|---|
Hospice Care In The Berkshires Inc Pittsfield, MA | $16,662,591 | $10,823,109 |
Center Of Hope Foundation Incorporated Southbridge, MA | $12,255,535 | $11,027,836 |
Northern Maine General Eagle Lake, ME | $10,507,292 | $9,847,119 |
Little Peoples School Inc West Newton, MA | $3,783,797 | $9,734,167 |
Lovin Spoonfuls Inc Newton, MA | $3,214,196 | $11,326,279 |
Five Colleges Incorporated Amherst, MA | $34,378,872 | $10,361,692 |
Richard K Lubin Family Foundation Boston, MA | $152,996,918 | $13,537,947 |
Icatholic Media Inc Watertown, MA | $61,629,216 | $14,295,555 |
Chs Of Waltham Inc Waltham, MA | $8,156,502 | $8,981,090 |
Fit-Nhnh Inc Manchester, NH | $20,051,648 | $10,413,245 |
Madonna Manor Inc North Attleboro, MA | $3,390,766 | $9,186,999 |
Penobscot Bay Physicians & Assoc Belfast, ME | $0 | $9,876,122 |