Rotary International is located in Cedar Rapids, IA. 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 $103.2k 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 (3.9%) each year. All expenses for the organization totaled $108.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (4.1%) 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
THIS ORGANIZATION SERVICED THE COMMUNITY AND SOCIETY AS A WHOLE BY PROVIDING VARIOUS CONTRIBUTIONS AND GRANTS. THERE WERE 20 GRANTS AWARDED DURING TAX YEAR 2022.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Adam Moore Director | 1 | $0 | |
Barbara Randall President | 1 | $0 | |
Brooke Fitzgerald Director | 1 | $0 | |
Christine Crosby Treasurer | 30 | $0 | |
Jen Welton Director | 1 | $0 | |
Jim Koch Past President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $94,700 |
Investment income | $268 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $8,273 |
Other Revenue | $0 |
Total Revenue | $103,241 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $25,003 |
Professional fees and other payments to independent contractors | $2,260 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $2,308 |
Other expenses | $51,149 |
Total expenses | $108,185 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $62,755 |
Other assets | $0 |
Total assets | $62,755 |
Total liabilities | $3,211 |
Net assets or fund balances | $59,544 |