Rotary International
- Assets
- $49.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, MN
- Founding
- 05/1958
- Data as of
- 06/2023
- EIN
- 41-0873284
Organization Overview
Rotary International is located in Rochester, MN. 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 a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $42.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (7.3%) 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 ROTARY CLUB OF ROCHESTER CREATES AN ENVIRONMENT THAT FACILITATES FELLOWSHIP AND MENTORSHIP; THE CLUB SUPPORTS THE COMMUNITY PRIORITIZING EDUCATION PROGRAMS FOR LOCAL VOLUNTEER OPPORTUNITIES; AND IN ADDITION, SUPPORTS, THRU DUES, ROTARY INTERNATIONAL INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alison Good President | 2 | $0 | |
Audrey Betcher Past Preside | 2 | $0 | |
Ashok Patel President El | 2 | $0 | |
Jennifer Teske Secretary | 2 | $0 | |
Mark Kotschevar Treasurer | 2 | $0 | |
Zoey Jantsan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $36,231 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,843 |
| Total Revenue | $44,077 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,156 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,377 |
| Total expenses | $42,533 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,610 |
| Other assets | $0 |
| Total assets | $49,903 |
| Total liabilities | $24,391 |
| Net assets or fund balances | $25,512 |