Rotary International
- Assets
- $362.5k
- Revenue
- $320.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Charlotte, NC
- Founding
- 09/1942
- Data as of
- 06/2022
- EIN
- 56-0667402
Organization Overview
Rotary International, operating under the name Rotary International Charlotte, is located in Charlotte, 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 Charlotte 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 Charlotte generated $320.5k 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 (7.1%) each year. All expenses for the organization totaled $327.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 7 years. 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 ENCOURAGE THE IDEAL OF SERVICE AS A BASIS OF WORTHY ENTERPRISE AND DEVELOP BY ACQUAINTANCE AS AN OPPORTUNITY TO SERVE, SETTING HIGH ETHICAL STANDARDS, AND DIGNIFYING EACH ROTARIAN'S OCCUPATION AS AN OPPORTUNITY TO SERVE
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEETINGS IN WHICH MEMBERS ARE ENCOURAGED TO FOSTER SERVICE BY DEVELOPMENT OF ACQUAINTANCES, APPLICATION OF SERVICE TO PERSONAL, BUSINESS AND COMMUNITY LIFE, AND THE ADVANCEMENT OF INTERNATIONAL UNDERSTANDING GOODWILL AND PEACE.
CONTRIBUTIONS AND GRANTS TO CIVIC AND OTHER NOT FOR PROFIT ORGANIZATIONS
INDIRECT COSTS RELATED TO PROVIDING PROGRAMS NOT ABOVE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Cipriano | OfficerTrustee | 30 | $65,434 |
William Bradley | Trustee | 2 | $0 |
Carol L Hardison | Trustee | 2 | $0 |
Jerald P Coughter | Trustee | 2 | $0 |
Colleen C Brannon | Trustee | 2 | $0 |
Edwin B Peacock Iii | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $292,765 |
| Membership dues | $0 |
| Fundraising events | $12,500 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,046 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $318,311 |
| Total Program Service Revenue | $1,922 |
| Investment income | $232 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $320,465 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $49,695 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $65,434 |
| Compensation of current officers, directors, key employees. | $16,358 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,765 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,466 |
| Office expenses | $15,005 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,630 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $126,307 |
| Interest | $0 |
| Payments to affiliates | $34,226 |
| Depreciation, depletion, and amortization | $378 |
| Insurance | $1,418 |
| All other expenses | $0 |
| Total functional expenses | $327,702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $264,612 |
| Savings and temporary cash investments | $76,841 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,767 |
| 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 | $1,484 |
| Net Land, buildings, and equipment | $621 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,139 |
| Total assets | $362,464 |
| Accounts payable and accrued expenses | $4,832 |
| 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 | $1,972 |
| Total liabilities | $6,804 |
| Net assets without donor restrictions | $355,660 |
| Net assets with donor restrictions | $0 |
| 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 | $362,464 |
Grants Awarded
Over the last fiscal year, Rotary International has awarded $25,709 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Evanston, IL PURPOSE: POLIO ERADICATION | $12,000 |
Charlotte, NC PURPOSE: Peru Mission | $7,234 |
NC EDUCATION FUND PURPOSE: Hurricane Florence relief | $6,475 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
East Tenn Human Resource Agency Inc Knoxville, TN | $20,466,958 | $48,339,274 |
Middle Georgia Community Action Agency Inc Warner Robins, GA | $16,341,072 | $22,831,076 |
Lions Services Inc Charlotte, NC | $6,497,878 | $15,970,949 |
Hope House Foundation Inc Norfolk, VA | $8,074,708 | $12,111,448 |
Sertoma Center Inc Knoxville, TN | $10,787,048 | $12,520,977 |
Randolph Community Service Inc Randleman, NC | $1,820,869 | $8,445,154 |
Virginia Regional Transit Purcellville, VA | $16,382,383 | $8,231,477 |
Jaars Inc Waxhaw, NC | $12,433,340 | $6,450,483 |
Lynchburg South Lodge No 1727 Loyal Order Of The Moose Lynchburg, VA | $3,317,172 | $6,195,077 |
Pee Dee Coalition Against Domestic And Sexual Assault Florence, SC | $7,943,993 | $6,463,793 |
Solutions That Empower People Inc Rocky Mount, VA | $2,704,443 | $4,763,662 |
Rooftop Of Virginia Cap Galax, VA | $1,411,246 | $4,260,955 |