Rotary International
- Assets
- $3.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, NC
- Founding
- 09/1942
- Data as of
- 06/2024
- EIN
- 56-0383445
Organization Overview
Rotary International is located in Wilmington, NC. 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 06/2024, Rotary International generated $163.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $178.0k during the year ending 06/2024. While expenses have increased by 1.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROMOTE INTERNATIONAL PEACE, UNDERSTANDING, GOODWILL AND HEALTH BY BANDING TOGETHER AS AN INTERNATIONAL GROUP OF BUSINESS PROFESSIONALS AND LEADERS AND WORKING TOGETHER TO ACCOMPLISH GOOD
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE SERVICES TO THE COMMUNITY FOR THE ADVANCEMENT OF INTERNATIONAL UNDERSTANDING, GOODWILL AND PEACE THROUGH A WORLD OF BUSINESS AND PROFESSIONAL LEADERS.
CIVIC CLUB-SPONSORS WEEKLY EDUCATIONAL MEETINGS,BI-WEEKLY BULLETINS, ANNUAL HANDBOOK AND SOCIAL FUNCTIONS FOR THE APPROXIMATELY 200 MEMBERS
LOCAL AND INTERNATIONAL SERVICE- PROVIDE FUNDS AND MANPOWER FOR WORLD PROJECTS SUCH AS ERADICATION OF POLIO AND OTHER CHILDHOOD DISEASES AS WELL AS PROVIDE CLEAN WATER FOR THIRD WORLD COUNTRIES. FURTHER THE PROMOTION OF LITERACY IN OUR COMMUNITY AND AROUND THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Bullock President | 10 | $0 | |
Elliott O'neal Secretary | 2 | $0 | |
Lawrence Sackett Treasurer | 10 | $0 | |
Terrie Everett Board Member | 1 | $0 | |
Debby Gomulka Board Member | 1 | $0 | |
Paul Lawler Incoming President 2023-2024 | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $159,364 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,735 |
| Total Revenue | $163,099 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $12,300 |
| Printing, publications, postage, and shipping | $7,414 |
| Other expenses | $158,243 |
| Total expenses | $177,957 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,505 |
| Other assets | $0 |
| Total assets | $3,505 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,505 |