Rotary International is located in Matthews, 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 06/2019, Rotary International generated $25.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $29.3k during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 5 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
2019
Describe the Organization's Program Activity:
Part 3
PROVISION OF MEMBER BENEFITS AND SCHOLARSHIP FUNDS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chris Wannamaker President | 3 | $0 | |
Gregory Johns Treasurer | 1 | $0 | |
Bruce Kantor Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $6,636 |
Total Program Service Revenue | $0 |
Membership dues | $18,490 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $25,126 |
Statement of Expenses | |
---|---|
Total expenses | $29,344 |
Balance Sheet | |
---|---|
Total assets | $34,459 |
Total liabilities | $1,730 |
Net assets or fund balances | $32,729 |
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