Rotary International, operating under the name Downtown, is located in Fort Collins, CO. The organization was established in 1966. 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. Downtown 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, Downtown generated $167.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $176.2k during the year ending 06/2023. While expenses have increased by 4.7% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE DIRECT SERVICE TO OTHERS IN OUR CITY, TO PROMOTE HIGH ETHICAL STANDARDS THROUGHOUT OUR COMMUNITY AND TO ADVANCE WORLD UNDERSTANDING GOODWILL AND PEACE THROUGH OUR FELLOWSHIP OF BUSINESS, PROFESSIONAL AND COMMUNITY LEADERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kip Turain Director | 2 | $0 | |
Jon Land Director | 2 | $0 | |
Lucinda Kershchensteiner Director | 2 | $0 | |
Rajiv Mehta Director | 2 | $0 | |
Susan Brand Director | 2 | $0 | |
Dan Mackey Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $50,432 |
Total Program Service Revenue | $0 |
Membership dues | $116,971 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $433 |
Total Revenue | $167,836 |
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 | $2,940 |
Occupancy, rent, utilities, and maintenance | $1,263 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $121,652 |
Total expenses | $176,197 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $239,415 |
Other assets | $0 |
Total assets | $250,616 |
Total liabilities | $126,952 |
Net assets or fund balances | $123,664 |