Rotary International is located in Westerly, RI. 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 06/2022, Rotary International generated $19.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $24.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
COMMUNITY SUPPORT PROVIDING FINANCIAL ASSISTANCE TO LOCAL AND INTERNATIONAL NONPROFIT ORGANIZATION BENEFITTING PEOPLE IN NEED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Theodore Avedesian President | 5 | $0 | |
Stephen Cofone President El | 1 | $0 | |
Julie Lord Secretary | 5 | $0 | |
Rosemarie A Russo Treasurer | 10 | $0 | |
Suzanne Lane Member At La | 0 | $0 | |
Derin Temel Vice Preside | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $15,244 |
Total Program Service Revenue | $1,480 |
Membership dues | $0 |
Investment income | $2 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $2,898 |
Other Revenue | $0 |
Total Revenue | $19,624 |
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 | $1,295 |
Occupancy, rent, utilities, and maintenance | $1,250 |
Printing, publications, postage, and shipping | $263 |
Other expenses | $21,390 |
Total expenses | $24,198 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $1,277 |
Other assets | $0 |
Total assets | $1,277 |
Total liabilities | $0 |
Net assets or fund balances | $1,277 |
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