Derby-Shelton Rotary Club Foundatio Inc is located in Shelton, CT. The organization was established in 1991. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Derby-Shelton Rotary Club Foundatio Inc 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, Derby-Shelton Rotary Club Foundatio Inc generated $7.9k 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 (13.9%) each year. All expenses for the organization totaled $15.6k during the year ending 06/2023. 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
MEMBERS OF THE ROTARY CLUB VOLUNTEER THEIR TIME TO ANNUALLY HOST AN AUCTION BY COLLECTING SALEABLE ITEMS IN THE COMMUNITY TO FUND SCHOLARSHIPS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristin Bures Treasurer | 0 | $0 | |
Jeff Forte Secretary | 0 | $0 | |
Judy Gulish Past Preside | 0 | $0 | |
Julie Blakeman President | 0 | $0 | |
Justna Janucik Vice Preside | 0 | $0 | |
Betsy Lombardi Doane President El | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $11,057 |
| Gain or Loss | -$3,116 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,941 |
| 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 | $1,596 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,000 |
| Total expenses | $15,596 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $349,358 |
| Other assets | $0 |
| Total assets | $349,358 |
| Total liabilities | $0 |
| Net assets or fund balances | $349,358 |