Kiwanis International Inc
- Assets
- $182.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Statesville, NC
- Founding
- 02/1954
- Data as of
- 09/2022
- EIN
- 56-6061828
Organization Overview
Kiwanis International Inc is located in Statesville, NC. The organization was established in 1954. 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. Kiwanis International Inc 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 09/2022, Kiwanis International Inc generated $64.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $70.7k during the year ending 09/2022. 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 Mission:
Part 3 - Line 1
A LOCAL KIWANIS CLUB WHICH PROVIDS A PRACTICAL MEANS TO FORM ENDURING FRIENDSHIPS, TO RENDER ALTRUISTIC SERVICE, AND TO BUILD A BETTER COMMUNITY.
Describe the Organization's Program Activity:
Part 3
MONIES ADWARDED TO LOCAL NONPROFIT ORGANIZATIONS TO FUTHER THEIR EXEMPT PURPOSE. EMPHASIS WAS PLACED ON ORGANIZATIONS THAT PROVIDED SERVICES TO CHILDREN.
PROJECT EXPENSES INCURRED TO PROVIDE ACTIVITIES FOR YOUTH IN OUR COMMUNITY. ACTIVITIES SUCH AS READ AROUND THE WORLD PROJECT FOR KINDERGARDNERS ATTENDING A LIBRARY ACTIVITY THAT PROMOTED READING. CLUB MEETING EXPENSES INCURRED TO PROVIDE PROGRAMS AND ACTIVITIES FOR OUR KIWANIS MEMBERSHIP. CONFERENCE TO PROMOTE GOODWILL BETWEEN THE AGRI BUSINESS OF OUR COUNTY WITH SUBURBAN BUSINESS LEADERS. COMMITTEE EXPENSES PAID TO PROMOTE THE ACTIVITIES OF KIWANIS INTERNATIONAL AND DISTRICT KIWANIS.
PROVIDED COLLEGE SCHOLARSHIPS TO GRADUATING STUDENTS FROM IREDELL-STATESVILLE SCHOOLS. SELECTION WAS BASED ON ACHIEVEMENTS AND NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Munson Vice President | 1 | $0 | |
Rick Tron Secretary | 1 | $0 | |
F Harvey Pons Jr Treasurer | 1 | $0 | |
Chuck Gallyon President | 1 | $0 | |
Jim Head Director | 10 | $0 | |
Joe Stephens Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,425 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $209 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $59,857 |
| Other Revenue | $0 |
| Total Revenue | $64,491 |
| 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 | $1,150 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,551 |
| Total expenses | $70,701 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $182,299 |
| Other assets | $0 |
| Total assets | $182,299 |
| Total liabilities | $0 |
| Net assets or fund balances | $182,299 |