Rotary International
- Assets
- $35.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Midland, TX
- Founding
- 10/1935
- Data as of
- 06/2023
- EIN
- 75-6038129
Organization Overview
Rotary International is located in Midland, TX. The organization was established in 1935. 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 $44.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $56.4k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Corrales President | 0 | $0 | |
Linda Bradshaw Secretary | 0 | $0 | |
Lee Bell Ulvestad Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,542 |
| Total Program Service Revenue | $17,105 |
| Membership dues | $22,602 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $329 |
| Total Revenue | $44,578 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5,812 |
| Other expenses | $50,110 |
| Total expenses | $56,422 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,280 |
| Other assets | $0 |
| Total assets | $35,280 |
| Total liabilities | $1,036 |
| Net assets or fund balances | $34,244 |