Rotary International is located in Ames, IA. 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 06/2024, Rotary International generated $150.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $157.4k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (5.5%) 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
2024
Describe the Organization's Program Activity:
Part 3
SERVICE ABOVE SELF THROUGH CLUB, VOCATIONAL, COMMUNITY, AND INTERNATIONAL SERVICE. EMPHASIZE SERVICE ACTIVITIES BY INDIVIDUALS AND GROUPS TO ENHANCE THE QUALITY OF LIFE AND HUMAN DIGNITY. STRIVE TO BUILD A BETTER WORLD AMONG ALL PEOPLE AND SEARCH FOR PEACE IN THE WORLD. TO LIVE BY 4-WAY TEST: 1. TRUTH; 2. FAIR; 3. GOODWILL; 4. BETTER FRIENDSHIPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jim Baker Director | 1 | $0 | |
Deb Schildoth Director | 1 | $0 | |
Jennifer Ellis Director | 1 | $0 | |
Abby Howie Director | 1 | $0 | |
Lisa Heddens Director | 1 | $0 | |
Mason Adams President | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $150,866 |
Investment income | $13 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $150,879 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $17,224 |
Professional fees and other payments to independent contractors | $1,775 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $216 |
Other expenses | $84,529 |
Total expenses | $157,383 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $33,451 |
Other assets | $0 |
Total assets | $33,451 |
Total liabilities | $0 |
Net assets or fund balances | $33,451 |