Rotary International
- Assets
- $13.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waynesville, NC
- Founding
- 09/1942
- Data as of
- 06/2023
- EIN
- 58-1506321
Organization Overview
Rotary International is located in Waynesville, 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 06/2023, Rotary International generated $68.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $74.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE WEEKLY INFORMATIVE MEETINGS FOR BUSINESS PEOPLE IN THE COMMUNITY AND PARTICIPATE IN THE WELFARE OF THE COMMUNITY BY MONETARY GIFTS TO VARIOUS CHARITABLE ORGANIZATIONS, MANPOWER FOR COMMUNITY PROJECTS AND PARTICIPATION IN DISTRICT ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cecil Yount Exec Sec/tre | 4 | $6,000 | |
Jack Ewing President | 4 | $0 | |
Terry Warren Director | 1 | $0 | |
Jeff Norris Past Preside | 1 | $0 | |
Paula Barton President El | 2 | $0 | |
Larry Clark Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,567 |
| Total Program Service Revenue | $2,000 |
| Membership dues | $37,203 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,231 |
| Total Revenue | $68,001 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $30,143 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,572 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,539 |
| Total expenses | $74,494 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,931 |
| Other assets | $0 |
| Total assets | $13,931 |
| Total liabilities | $478 |
| Net assets or fund balances | $13,453 |