Rotary Club Of Milwaukee Community Tr
- Assets
- $4.6m
- Revenue
- $791.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 11/1968
- Data as of
- 06/2022
- EIN
- 93-0756960
Organization Overview
Rotary Club Of Milwaukee Community Tr is located in Milwaukee, WI. The organization was established in 1968. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, 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. Rotary Club Of Milwaukee Community Tr 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 06/2022, Rotary Club Of Milwaukee Community Tr generated $791.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $194.5k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Rotary Club Of Milwaukee Community Tr has awarded 31 individual grants totaling $478,012. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT FOR THE ROTARY CLUB OF MILWAUKEE'S CHARITABLE PROJECTS AND SCHOLARSHIP PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL FUNDING SUPPORT FOR CHARITABLE PROJECTS OR EVENTS OF THE ROTARY CLUB OF MILWAUKEE
GENERAL FUNDING FOR THE ROTARY CLUB OF MILWAUKEE'S SCHOLARSHIP PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Co-Trustee | 1 | $33,194 | |
Leslie Hauser Trustee | Trustee | 1 | $0 |
Mary Mccormick Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $75,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $457,768 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $532,768 |
| Total Program Service Revenue | $0 |
| Investment income | $87,788 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $111,041 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $791,049 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $105,685 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $39,950 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $33,194 |
| 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 | $3,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,000 |
| Advertising and promotion | $0 |
| Office expenses | $183 |
| Information technology | $0 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,606 |
| Total functional expenses | $194,518 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $159,100 |
| Pledges and grants receivable | $125,000 |
| Accounts receivable, net | $0 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,977,977 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $309,431 |
| Total assets | $4,571,508 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $40,000 |
| Deferred revenue | $15,700 |
| 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 | $55,700 |
| Net assets without donor restrictions | $206,586 |
| Net assets with donor restrictions | $4,309,222 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,571,508 |
Grants Awarded
Over the last fiscal year, Rotary Club Of Milwaukee Community Tr has awarded $48,600 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Milwaukee, WI PURPOSE: NEIGHBORHOOD ENVIRONMENTAL EDUCATOIN PROJECT (NEEP), HIKE MILWAUKEE EVENT | $15,000 |
Milwaukee, WI PURPOSE: TO SUPPORT THE MEDAL OF HONOR RECIPIENT EXHIBIT | $10,000 |
Milwaukee, WI PURPOSE: TO SUPPORT CONNECTING TO THE COMMUNITY PROGRAM | $10,000 |
West Allis, WI PURPOSE: TO COVER COST OF 10 STUDENTS' ATTENDENCE | $7,350 |
Milwaukee, WI PURPOSE: TO SUPPORT CONNECTING TO THE COMMUNITY PROGRAM, SPEAKERS | $6,250 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rotary Club Of Milwaukee Community Tr has recieved totaling $8,975.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $8,975 |
Endowment Analysis
| Beg. Balance | $4,603,782 |
| Earnings | -$629,956 |
| Admin Expense | $33,193 |
| Net Contributions | $402,768 |
| Other Expense | $14,633 |
| Grants | $191,692 |
| Ending Balance | $4,137,076 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Milwaukee Development Corporation Milwaukee, WI | $4,444,230 | $23,219,043 |
Genesee Area Focus Fund Inc Flint, MI | $3,053,813 | $7,388,265 |
Minnesota Continuing Legal Education St Paul, MN | $8,925,576 | $6,672,774 |
National Community Investment Fund Irrv Tr Chicago, IL | $49,874,763 | $9,294,920 |
Cedar Valley Friends Of The Family Inc Waterloo, IA | $2,837,799 | $5,986,099 |
Dairy Lab Services Inc Dubuque, IA | $2,147,827 | $2,967,894 |
Northfield Healthy Community Initiative Northfield, MN | $2,436,956 | $3,116,991 |
Encourage Bc Battle Creek, MI | $929,727 | $1,806,363 |
Greater Green Bay Chamber Of Commerce Foundation Inc Green Bay, WI | $2,890,843 | $1,952,883 |
St Joseph Services Inc Chicago, IL | $1,123,789 | $1,648,775 |
Right Place Foundation Grand Rapids, MI | $1,899,566 | $1,296,715 |
Association Of Equipment Management Professionals Inc Middleton, WI | $87,248 | $1,345,748 |