Petersburg Rotary Club, operating under the name Treasurer, is located in Petersburg, AK. The organization was established in 2017. According to its NTEE Classification (S82) the organization is classified as: Mens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Treasurer 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 06/2021, Treasurer generated $121.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 23.5% each year . All expenses for the organization totaled $97.7k during the year ending 06/2021. While expenses have increased by 23.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ROTARY IS DEDICATED TO INTERNATIONAL PEACE AND LASTING CHANGE ACROSS THE GLOBE IN OUR COMMUNITIES AND IN OURSELVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCAL ACTIVITIES WERE SPONSERED TO PROMOTE COMMUNITY AND INDIVIDUAL IMPROVEMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Aaron Hankins President Elect | OfficerTrustee | 0 | $0 |
Ronald Loesch Vice President | Officer | 0 | $0 |
Desiree Burrell Treasurer / Secretary | Officer | 0 | $0 |
Erica Kludt Painter Former President | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $59,884 |
Investment income | $48,316 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $121,719 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $1,389 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,572 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $1,060 |
Fees for services: Other | $1 |
Advertising and promotion | $579 |
Office expenses | $301 |
Information technology | $393 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $4,647 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $97,748 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $44,464 |
Savings and temporary cash investments | $20,020 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,041 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Investments—publicly traded securities | $199,135 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $265,660 |
Accounts payable and accrued expenses | $2,042 |
Grants payable | $7,000 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $9,042 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $256,618 |
Over the last fiscal year, we have identified 1 grants that Petersburg Rotary Club has recieved totaling $20,000.
Awarding Organization | Amount |
---|---|
Seattle Childrens Hospital Seattle, WA PURPOSE: GRANT IN SUPPORT OF PETERSBURG SANDY BEACH PLAYGROUND RESTORATION PROJECT | $20,000 |
Organization Name | Assets | Revenue |
---|---|---|
Nw Housing Preservation Group Camano Island, WA | $14,845,122 | $1,395,104 |
Independent Order Of Odd Fellows Buckley, WA | $41,133,232 | $3,435,823 |
Yakima Rotary Charities Yakima, WA | $808,476 | $662,375 |
University Rotary Service Fund Seattle, WA | $2,020,318 | $202,554 |
Rotary Community Service Inc Spokane, WA | $223,982 | $197,710 |
Renton Rotary Caper Inc Renton, WA | $114,683 | $0 |
Petersburg Rotary Club Petersburg, AK | $265,660 | $121,719 |
Rotary Club Of Emerald City Foundation Seattle, WA | $809,019 | $75,895 |
University Ballard Lions Foundation Shoreline, WA | $317,205 | $0 |
Benevolent & Protective Order Of Elks Of The Usa Chugiak, AK | $1,681,772 | $222,121 |
West Seattle Rotary Service Foundation Seattle, WA | $505,376 | $44,819 |
Aberdeen Rotary Foundation Aberdeen, WA | $3,109,446 | $107,924 |