Petoskey Rotary Club Charities is located in Petoskey, MI. The organization was established in 1990. 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. Petoskey Rotary Club Charities 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, Petoskey Rotary Club Charities generated $26.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $13.4k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.3%) 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
THE PETOSKEY ROTARY CLUB CHARITIES PASSES ALONG CONTRIBUTIONS TO THE MAIN PETOSKEY ROTARY CLUB FOR THEIR USE IN FURTHERING AND SUPPORTING THEIR CHARITABLE ACTIVITIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Ahrens President | 1 | $0 | |
Jean Frentz Secretary | 1 | $0 | |
Gary Baxter Treasurer | 1 | $0 | |
Gary Fedus Board Member | 1 | $0 | |
Christian Smith Board Member | 1 | $0 | |
Jeff Wynder Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,830 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $16,670 |
| Other Revenue | $0 |
| Total Revenue | $26,500 |
| 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 | $4,230 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,180 |
| Total expenses | $13,410 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,798 |
| Other assets | $0 |
| Total assets | $100,798 |
| Total liabilities | $0 |
| Net assets or fund balances | $100,798 |