Rotary Club Of Hinsdale Foundation Inc is located in Hinsdale, IL. The organization was established in 2000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rotary Club Of Hinsdale 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 06/2023, Rotary Club Of Hinsdale Foundation Inc generated $106.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $80.5k during the year ending 06/2023. While expenses have increased by 1.1% per year over the past 8 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
LOCAL/REGIONAL COMMUNITY SERVICE - PROVIDE HIGH SCHOOL SCHOLARSHIPS,DONATE TO LOCAL YOUTH CENTER, HOSPITAL AND HUMANE SOCIETY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Kida Vice President | 2 | $0 | |
Carolyn Snyder President | 2 | $0 | |
Ralph Mueller Director | 2 | $0 | |
Virgil Oostendrorp Director | 2 | $0 | |
Larry Johnson Director | 2 | $0 | |
Bob Parsons Foundation Chai | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $112,564 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$5,701 |
| Other Revenue | $0 |
| Total Revenue | $106,864 |
| 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 | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25 |
| Total expenses | $80,522 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,539 |
| Other assets | $0 |
| Total assets | $61,539 |
| Total liabilities | $8,116 |
| Net assets or fund balances | $53,423 |