Camden Rotary Club Foundation
- Assets
- $559.0k
- Revenue
- $133.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Camden, ME
- Founding
- 09/1971
- Data as of
- 06/2022
- EIN
- 23-7125965
Organization Overview
Camden Rotary Club Foundation is located in Camden, ME. The organization was established in 1971. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Camden Rotary Club Foundation 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 06/2022, Camden Rotary Club Foundation generated $133.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $99.1k during the year ending 06/2022. While expenses have increased by 1.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Camden Rotary Club Foundation has awarded 19 individual grants totaling $149,840. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CAMDEN ROTARY FOUNDATION SUPPORTS THE COMMUNITY THROUGH LOCAL CHARITIES, INTERNATIONAL STUDENT EXCHANGE PROGRAMS, AND SCHOLARSHIPS TO LOCAL HIGH SCHOOL STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN EARLY 2022 THE CAMDEN ROTARY GRANTED SCHOLARSHIPS TO LOCAL HIGH SCHOOL STUDENTS TOTALING 52,000.
ROTARY INCREASES AWARENESS OF INTERNATIONAL ISSUES BY FUNDING INTERNATIONAL PROGRAMS AND YOUTH FOREIGN EXCHANGE PROGRAMS.
SUPPORT FOR COMMUNITY CHARITIES
CAMDEN ROTARY FOUNDATION PROVIDES VARIOUS SUPPORT TO ITS SUPPORTED ORGANIZATION AND THE SUPPORTED ORGANIZATION'S MISSION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Wilson Treasurer | OfficerTrustee | 3 | $0 |
Roger Moody Secretary | OfficerTrustee | 3 | $0 |
Jon Goss President-El | OfficerTrustee | 8 | $0 |
Judith Tarbox Director | OfficerTrustee | 1 | $0 |
Chris Richmond Past Preside | Trustee | 1 | $0 |
Don White Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $30,085 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $56,290 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,375 |
| Total Program Service Revenue | $0 |
| Investment income | $8,358 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $21,553 |
| Net Income from Fundraising Events | $336 |
| Net Income from Gaming Activities | $15,877 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $133,249 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $43,739 |
| Grants and other assistance to domestic individuals. | $52,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,655 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $750 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $99,144 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,831 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $473,203 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $559,034 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $558,914 |
| Net assets with donor restrictions | $120 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $559,034 |
Grants Awarded
Over the last fiscal year, Camden Rotary Club Foundation has awarded $18,345 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Rockland, ME PURPOSE: LOCAL CHARITY | $10,000 |
Evanston, IL PURPOSE: ANNUAL FUND | $8,345 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Camden Rotary Club Foundation has recieved totaling $44,150.
| Awarding Organization | Amount |
|---|---|
Edith H Mccobb Trust Camden, ME PURPOSE: SCHOLARSHIPS FOR LOCAL STUDENTS | $44,150 |
Endowment Analysis
| Beg. Balance | $546,091 |
| Earnings | -$70,243 |
| Net Contributions | $55,320 |
| Grants | $57,845 |
| Ending Balance | $473,323 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sexual Assault Prevention And Response Services Auburn, ME | $411,700 | $1,669,996 |
Benevolent & Protective Order Of Elks Of The Usa Rockland, ME | $960,632 | $596,322 |
Benevolent & Protective Order Of Elks Of The Usa Portsmouth, NH | $1,878,576 | $571,334 |
Benevolent & Protective Order Of Elks Of The Usa Augusta, ME | $534,070 | $637,741 |
Benevolent & Protective Order Of Elks Of The Usa Bangor, ME | $1,252,709 | $534,131 |
Benevolent & Protective Order Of Elks Of The Usa Albion, ME | $649,944 | $489,618 |
Benevolent & Protective Order Of Elks Of The Usa Sanford, ME | $987,255 | $470,279 |
Benevolent & Protective Order Of Elks Of The Usa Franklin, NH | $1,468,670 | $936,657 |
Benevolent & Protective Order Of Elks Of The Usa Nashua, NH | $2,118,118 | $396,503 |
Benevolent & Protective Order Of Elks Of The Usa Portland, ME | $1,197,841 | $191,854 |
Chip Inc Newcastle, ME | $480,465 | $306,952 |
Benevolent & Protective Order Of Elks Of The Usa Bath, ME | $588,955 | $359,883 |