Rotary Club Of Marblehead Harbor Massachusetts Usa Incorporated is located in Marblehead, MA. The organization was established in 1997. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Rotary Club Of Marblehead Harbor Massachusetts USA Incorporated 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 06/2023, Rotary Club Of Marblehead Harbor Massachusetts USA Incorporated generated $46.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $46.6k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 8 years. 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
TO FOSTER & PROMOTE THE DEVELOPMENT & APPLICATION OF HIGH ETHICAL STANDARDS IN BUSINESS & PROFESSIONS. ITS ACTIVITIES IN THESE AREAS ARE VARIED.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica D H Barnett President | 0 | $0 | |
Lee Weed Vice Preside | 0 | $0 | |
Donald Doliber Secretary | 0 | $0 | |
Vincent Carotenuto Treasurer | 0 | $0 | |
Lauren Mccormack Director | 0 | $0 | |
Judy Gates Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,343 |
| Total Program Service Revenue | $4,217 |
| Membership dues | $11,069 |
| Investment income | $205 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,003 |
| Other Revenue | $0 |
| Total Revenue | $46,837 |
| 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 | $2,410 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $276 |
| Other expenses | $43,921 |
| Total expenses | $46,607 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,633 |
| Other assets | $0 |
| Total assets | $37,633 |
| Total liabilities | $106 |
| Net assets or fund balances | $37,527 |