Hastings Rotary Foundation is located in Hastings, MN. The organization was established in 2019. According to its NTEE Classification (T19) the organization is classified as: Support N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hastings Rotary Foundation 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 12/2021, Hastings Rotary Foundation generated $9.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (51.9%) each year. All expenses for the organization totaled $68.5k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDED SUPPORT TO THE HASTIINGS ROTARY CLUB.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anthony Ciro Chair | 1 | $0 | |
Dan Rother Vice Chair | 1 | $0 | |
Jim Weinzettel Treasurer | 1 | $0 | |
Cheryl Bullington Director | 1 | $0 | |
Jeffrey R Carlson Director | 1 | $0 | |
Katy Lindberg Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,204 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $9,204 |
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 | $100 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $25 |
Total expenses | $68,490 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $19,481 |
Other assets | $0 |
Total assets | $19,481 |
Total liabilities | $0 |
Net assets or fund balances | $19,481 |
Over the last fiscal year, we have identified 1 grants that Hastings Rotary Foundation has recieved totaling $6,000.
Awarding Organization | Amount |
---|---|
The American Center For Philanthropy Inc Northfield, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $6,000 |
Organization Name | Assets | Revenue |
---|---|---|
Csb Charitable Foundation Norwalk, IA | $1,614,540 | $993,863 |
Hastings Rotary Foundation Hastings, MN | $19,481 | $0 |
Just For Kids Foundation Maple Grove, MN | $13,140 | $0 |
Pleasant Hill Arts Foundation Pleasant Hill, IA | $54,694 | $44,735 |
Dcb Foundation Cedar Rapids, IA | $2,606,079 | $91,305 |
Virgil And Marjorie Norgaard Educational Tr Litchfield, MN | $208,835 | $15,060 |
Community Real Estate And Personal Property Foundation Inc Appleton, WI | $3,808,394 | $72,043 |
Moelter Foundation Ltd Lake Geneva, WI | $354,817 | $9,100 |
Easytech Nonprofit Inver Grove Heights, MN | $1,442 | $0 |