Rotary International is located in Rockport, MA. The organization was established in 1942. 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. Rotary International 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 undefined, Rotary International generated $55.1k 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 (5.0%) each year. All expenses for the organization totaled $46.1k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (5.8%) 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
Describe the Organization's Program Activity:
Part 3
THE CLUB RAISES FUNDS AND PROVIDES SERVICES RELATED TO VARIOUSLOCAL AND INTERNATIONAL PROJECTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Audano Jr Co-Pres,treasurer | 2 | $0 | |
Karen German Secretary | 0 | $0 | |
Sean Fennessy Director | 0 | $0 | |
Robert Liebow Past President | 0 | $0 | |
Matthew Wigton Vice President | 0 | $0 | |
Philip Chalmers Sargeant At Arms | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,800 |
| Total Program Service Revenue | $0 |
| Membership dues | $22,845 |
| Investment income | $90 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $22,347 |
| Other Revenue | $0 |
| Total Revenue | $55,082 |
| Statement of Expenses | |
|---|---|
| Total expenses | $46,059 |
| Balance Sheet | |
|---|---|
| Total assets | $49,938 |
| Total liabilities | $2,979 |
| Net assets or fund balances | $46,959 |