Rotary International is located in Elk River, 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 06/2024, Rotary International generated $11.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $32.7k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
ENCOURAGE AND FOSTER THE IDEAL OF SERVICE AS A BASIS OF WORTHY ENTERPRISE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katie Harstad Director Taste | 0 | $0 | |
Julie Fish Director | 3 | $0 | |
Theresa Slominski Secretary | 3 | $0 | |
Neil Gagnon Treasurer | 3 | $0 | |
Heather Kliewer President Elect | 1 | $0 | |
Debbie Rydberg President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $8,391 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,434 |
| Other Revenue | $0 |
| Total Revenue | $11,825 |
| 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 | $560 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,078 |
| Total expenses | $32,688 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,290 |
| Other assets | $0 |
| Total assets | $66,390 |
| Total liabilities | $0 |
| Net assets or fund balances | $66,390 |