Rotary Club Of Somers Charitable Fund Inc
- Assets
- $369.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Somers, CT
- Founding
- 09/2016
- EIN
- 81-3033126
Organization Overview
Rotary Club Of Somers Charitable Fund Inc is located in Somers, CT. The organization was established in 2016. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rotary Club Of Somers Charitable Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending undefined, Rotary Club Of Somers Charitable Fund Inc generated $45.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (24.4%) each year. All expenses for the organization totaled $39.1k during the year ending undefined. 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
Describe the Organization's Program Activity:
Part 3
THE ROTARY CLUB OF SOMERS CHARITABLE FUND, INC. PROVIDES SCHOLARSHIPS TO GRADUATING HIGH SCHOOL STUDENTS TO HELP FURTER THEIR COLLEGE OR OTHER POSTSECONDARY EDUCATION AND SUPPORTS QUALIFIED NON-PROFIT ORGANIZATIONS IN THEIR ENDEAVORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul S Salva Director | 1 | $0 | |
Richard Cheney Director | 1 | $0 | |
Ed Giza Director | 1 | $0 | |
Tim Keeney Director | 1 | $0 | |
Melissa Lachausse Director | 1 | $0 | |
Steve Squillace President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,526 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $25,057 |
| Gain or Loss | -$1,812 |
| Net Income from Gaming & Fundraising | $4,990 |
| Other Revenue | $0 |
| Total Revenue | $45,761 |
| Statement of Expenses | |
|---|---|
| Total expenses | $39,050 |
| Balance Sheet | |
|---|---|
| Total assets | $369,434 |
| Total liabilities | $0 |
| Net assets or fund balances | $369,434 |