Concord Rotary Club Foundation Inc is located in Concord, NC. The organization was established in 2009. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, 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. Concord Rotary Club Foundation 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 12/2022, Concord Rotary Club Foundation Inc generated $14.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $27.6k during the year ending 12/2022. 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
TO INSTALL A ROTARY CLOCK AS PART OF THE REVITALIZATION PROJECT IN DOWNTOWN CONCORD, NORTH CAROLINA.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Venetia Skahen Secretary  | 0 | $0 | |
William Bill Hughes President  | 0 | $0 | |
Alex Rankin Director  | 0 | $0 | |
George Gay Vice Preside  | 0 | $0 | |
Beth Belk Treasurer  | 0 | $0 | |
Brent Rockett Director  | 0 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,857 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $14,857 | 
| 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 | $27,636 | 
| Total expenses | $27,636 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,196 | 
| Other assets | $0 | 
| Total assets | $20,196 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $20,196 |