Rotary International is located in Gastonia, NC. The organization was established in 1972. 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 $93.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $85.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.0%) 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
GASTONIA EAST ROTARY PROVIDES SERVICE TO OTHERS, PROMOTES HIGH ETHICAL STANDARDS, ADVANCES WORLD UNDERSTANDING, GOODWILL, AND PEACE THROUGH ITS FELLOWSHIP OF BUSINESS, PROFESSIONAL, AND COMMUNITY LEADERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Sipka President | 8 | $0 | |
Jennifer Thomas President-Elect | 8 | $0 | |
Jenna Jourdet Treasurer And Past President | 5 | $0 | |
Roxann Jimison Secretary | 8 | $0 | |
Drew Horine Director | 8 | $0 | |
Sallie Hendrick Director | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,286 |
| Total Program Service Revenue | $8,567 |
| Membership dues | $63,340 |
| Investment income | $958 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$18,231 |
| Other Revenue | $0 |
| Total Revenue | $93,920 |
| 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 | $1,167 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $52,234 |
| Total expenses | $85,295 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,100 |
| Other assets | $0 |
| Total assets | $132,408 |
| Total liabilities | $0 |
| Net assets or fund balances | $132,408 |