Rotary International
- Assets
- $112.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Paterson, NJ
- Founding
- 09/1942
- Data as of
- 06/2023
- EIN
- 22-1476686
Organization Overview
Rotary International is located in Paterson, NJ. 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 06/2023, Rotary International generated $28.1k 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 (7.0%) each year. All expenses for the organization totaled $14.4k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (15.2%) 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
WEEKLY LUNCHEON - THE ROTARY CLUB OF PATERSONS WEEKLY LUNCHEON IS DESIGNED TO INSPIRE AND INFORM ROTARIANS AT THE LOCAL LEVEL WHILE ADVANCING THE STRATEGIC GOALS OF SMALL BUSINESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Al Scala President | 5 | $0 | |
Bonnie Miele President Elect | 5 | $0 | |
Vince Iannonce Vice President | 5 | $0 | |
Karen Fischer Secretary | 5 | $0 | |
Dan Sterba Treasurer | 5 | $0 | |
John Susani Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $31,164 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$3,627 |
| Other Revenue | $595 |
| Total Revenue | $28,132 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,356 |
| Total expenses | $14,385 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,940 |
| Other assets | $0 |
| Total assets | $112,306 |
| Total liabilities | $49 |
| Net assets or fund balances | $112,257 |