Mt Clemens Rotary Foundation
- Assets
- $496.1k
- Revenue
- $58.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Mt Clemens, MI
- Founding
- 05/1990
- Data as of
- 06/2021
- EIN
- 38-2915886
Organization Overview
Mt Clemens Rotary Foundation is located in Mt Clemens, 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. Mt Clemens Rotary 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 06/2021, Mt Clemens Rotary Foundation generated $58.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $96.2k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Mt Clemens Rotary Foundation has awarded 34 individual grants totaling $197,912. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
INTERNATIONAL AND COMMUNITY SERVICE, HEALTH, HUNGER AND HUMANITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCAL CHARITIES TO PROMOTE SERVICE, HEALTH & HUMANITY PROGRAMS IN THE MOUNT CLEMENS MICHIGAN AREA
PROGRAMS PROMOTING INTERNATIONAL SERVICE, HEALTH, HUNGER, AND HUMANITY PROGRAMS
SCHOLARSHIP FUNDS TO PROMOTE EDUCATIONAL GOALS FOR STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karan Bates-Gasior President | Officer | 0 | $0 |
Theodore Devantier Treasurer | Officer | 0 | $0 |
Jessica Johnson Secretary | Officer | 0 | $0 |
Name Not Listed Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,500 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $45,894 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,394 |
| Total Program Service Revenue | $0 |
| Investment income | $2,633 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,316 |
| Net Income from Fundraising Events | $4,164 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $58,507 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $94,844 |
| Grants and other assistance to domestic individuals. | $1,000 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $135 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $46 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $182 |
| Total functional expenses | $96,207 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,944 |
| 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 | $454,151 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $496,095 |
| Accounts payable and accrued expenses | $811 |
| 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 | $811 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $495,284 |
| 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 | $496,095 |
Grants Awarded
Over the last fiscal year, Mt Clemens Rotary Foundation has awarded $94,844 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF MOUNT CLEMENS PURPOSE: ROTARY PARK LANDSCAPING | $27,925 |
MCLAREN FOUNDATION PURPOSE: COMMUNITY HEALTH PROGRAMS | $25,000 |
TURNING POINT PURPOSE: DOMESTIC VIOLENCE PROGRAMS | $10,000 |
MACOMB YMCA PURPOSE: COMMUNITY YOUTH HEALTH PROGRAMS | $10,000 |
Evanston, IL PURPOSE: INTERNATIONAL HEALTH & HUMANITY PROGRAMS | $6,294 |
Mount Clemens, MI PURPOSE: SPECIAL OLYMPICS | $2,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mt Clemens Rotary Foundation has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Stella Matutina Oconnor Foundation Southlake, TX PURPOSE: GENERAL | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Alliance Of The Far Eastside Inc Indianapolis, IN | $9,902,468 | $9,126,970 |
Free & Accepted Masons Of Michigan Alma, MI | $47,943,242 | $7,888,880 |
Catholic Social Services Of Washtenaw County Ann Arbor, MI | $4,777,711 | $6,106,159 |
Zinzendorf Hall Inc Watertown, WI | $13,448,322 | $5,812,562 |
Catholic Charities Regional Agency Youngstown, OH | $2,846,524 | $4,246,724 |
Rotary Charities Of Traverse City Traverse City, MI | $45,678,942 | $4,227,513 |
Neighbors Place Inc Wausau, WI | $2,102,343 | $3,291,740 |
Boys & Girls Club Of Toledo Toledo, OH | $19,991,567 | $2,562,088 |
Benevolent & Protective Order Of Elks Of The Usa Hamilton, OH | $2,231,576 | $2,178,294 |
Traverseconnect Traverse City, MI | $2,790,788 | $2,568,804 |
Family Support And Resource Center Inc Madison, WI | $687,144 | $2,101,833 |
Nehemiah Community Development Corporation Madison, WI | $3,681,369 | $3,396,199 |