Rotary International
- Assets
- $727.7k
- Revenue
- $88.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Saco, ME
- Founding
- Data as of
- 06/2023
- EIN
- 51-0151837
Organization Overview
Rotary International is located in Saco, ME. 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 $88.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $92.5k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rotary International has awarded 16 individual grants totaling $105,619. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE CLUB MEMBERS TO ORGANIZE AND PROMOTE FUNDRAISING EVENTS, ACTIVITIES, AND PROGRAMS TO RAISE MONEY FOR NEEDY INDIVIDUALS AND ORGANIZATIONS IN LOCAL COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS AND GIFTS TO VARIOUS ORGANIZATIONS AND NEEDY INDIVIDUALS
SCHOLARSHIPS FOR ACADEMIC PURPOSES
INTERNATIONAL PROJECTS INCLUDING POLIO PLUS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Cilley Director | Trustee | 1 | $0 |
William Patterson Director | Trustee | 1 | $0 |
Conrad Welzel Director | Trustee | 1 | $0 |
Ken Farley Director | Trustee | 1 | $0 |
Mark Nahorney Director | Trustee | 1 | $0 |
Paulette Bonneau President Elect | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,148 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $80 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,228 |
| Total Program Service Revenue | $24,986 |
| Investment income | $10,574 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,411 |
| Net Income from Fundraising Events | $26,660 |
| Net Income from Gaming Activities | $14,926 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $88,785 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $38,821 |
| Grants and other assistance to domestic individuals. | $25,432 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,980 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35 |
| Fees for services: Accounting | $1,120 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,611 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,534 |
| Office expenses | $1,475 |
| Information technology | $849 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,548 |
| Interest | $0 |
| Payments to affiliates | $6,163 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $597 |
| All other expenses | $2,320 |
| Total functional expenses | $92,485 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $236,756 |
| Savings and temporary cash investments | $30,116 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $460,825 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $727,697 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $507,112 |
| Net assets with donor restrictions | $220,585 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $727,697 |
Grants Awarded
Over the last fiscal year, Rotary International has awarded $27,873 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THORNTON ACADEMY PURPOSE: DONATION FOR ATHLETIC COMPLEX IMPVMTS | $25,000 |
THE ROTARY FOUNDATION PURPOSE: CHARITABLE GIVING | $2,873 |