Rotary International is located in Edina, MN. The organization was established in 1942. 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 06/2022, Rotary International generated $171.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $171.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION IS PART OF A WORLDWIDE ORGANIZATION OF BUSINESS AND PROFESSIONAL LEADERS THAT PROVIDE HUMANITARIAN SERVICES, ENCOURAGE HIGH ETHICAL STANDARDS IN ALL VOCATIONS AND HELPS BUILD GOODWILL AND PEACE IN THE WORLD.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Stanzak President | 2 | $0 | |
Joe Haves President Elect | 2 | $0 | |
Shelly Loberg Treasurer | 2 | $0 | |
Joe Hayes Secretary | 2 | $0 | |
Sam Thompson Past President | 2 | $0 | |
Mike Martiny Club Service Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $171,096 |
| Investment income | $40 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $500 |
| Total Revenue | $171,636 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $31,638 |
| Professional fees and other payments to independent contractors | $2,285 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $818 |
| Other expenses | $127,135 |
| Total expenses | $171,876 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,056 |
| Other assets | $0 |
| Total assets | $85,056 |
| Total liabilities | $0 |
| Net assets or fund balances | $85,056 |