Rotary International
- Assets
- $72.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albemarle, NC
- Founding
- 09/1942
- Data as of
- 06/2022
- EIN
- 56-6061426
Organization Overview
Rotary International is located in Albemarle, 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 06/2022, Rotary International generated $70.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $55.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIP AWARDS TO GRADUATIONG HIGH SCHOOL STUDENTS15 INDIVIDUALS @ $750 EACH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Sweet Sgt At Arms | 2 | $0 | |
Al Andrew Board | 1 | $0 | |
Mandi Rogers President Elect | 1 | $0 | |
Ronald Perrine Treasurer | 8 | $0 | |
Melanie Holles Secretary | 2 | $0 | |
Jay Almond President Nominee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $20,664 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $34,722 |
| Other Revenue | $12,335 |
| Total Revenue | $70,222 |
| 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 | $5,600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $114 |
| Other expenses | $49,253 |
| Total expenses | $54,967 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,225 |
| Other assets | $0 |
| Total assets | $72,927 |
| Total liabilities | $487 |
| Net assets or fund balances | $72,440 |
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