Rotary International
- Assets
- $27.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Des Moines, IA
- Founding
- 09/1942
- Data as of
- 06/2024
- EIN
- 42-6076381
Organization Overview
Rotary International is located in West Des Moines, 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 $42.7k 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 (7.0%) each year. All expenses for the organization totaled $34.8k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Narak Director | 4 | $0 | |
Bob Goldhammer Director | 4 | $0 | |
Fred Maharry Director | 4 | $0 | |
Brian Benson Director | 4 | $0 | |
Paul Schut Director | 4 | $0 | |
John Rodgers President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,910 |
| Total Program Service Revenue | $0 |
| Membership dues | $36,647 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $142 |
| Total Revenue | $42,699 |
| 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 | $310 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $456 |
| Other expenses | $29,047 |
| Total expenses | $34,752 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,655 |
| Other assets | $0 |
| Total assets | $27,681 |
| Total liabilities | $3,060 |
| Net assets or fund balances | $24,621 |