Rotary International is located in Lorain, OH. The organization was established in 1958. 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 $44.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $32.1k during the year ending 06/2023. While expenses have increased by 2.4% per year over the past 4 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE SERVICE TO THE LOCAL AND GLOBAL COMMUNITY THROUGH TIME AND MONETARY DONATIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Mantini Exec Secretary | 0.25 | $0 | |
Daniel Beeman President | 0.25 | $0 | |
Dina Ferrer Vice President | 2 | $0 | |
Denise Nail Treasurer | 2 | $0 | |
Michelle Pullin Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,316 |
| Total Program Service Revenue | $3,770 |
| Membership dues | $5,715 |
| Investment income | $499 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $19,843 |
| Other Revenue | $0 |
| Total Revenue | $44,143 |
| 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 | $63 |
| Other expenses | $32,028 |
| Total expenses | $32,091 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,059 |
| Other assets | $0 |
| Total assets | $50,910 |
| Total liabilities | $120 |
| Net assets or fund balances | $50,790 |