Sheboygan Rotary Club Foundation Inc is located in Sheboygan, WI. The organization was established in 1960. 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. Sheboygan 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 06/2023, Sheboygan Rotary Club Foundation Inc generated $98.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $102.1k during the year ending 06/2023. While expenses have increased by 19.5% per year over the past 7 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
SCHOLARSHIPS $14,000
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Scharrer President | 3 | $0 | |
Peter Dietz Vice President | 1 | $0 | |
Terry Schacht Treasurer | 3 | $0 | |
Jane Brill Trustee | 1 | $0 | |
Sheryl Dyksterhouse Trustee | 1 | $0 | |
Bill Linn Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,230 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8,522 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $22,535 |
| Other Revenue | $0 |
| Total Revenue | $98,287 |
| 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 | $322 |
| Other expenses | $5,300 |
| Total expenses | $102,132 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $417,356 |
| Other assets | $0 |
| Total assets | $431,955 |
| Total liabilities | $3,000 |
| Net assets or fund balances | $428,955 |