Rotary International is located in Ocean Isle Beach, NC. The organization was established in 0000. 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 $41.9k 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 (9.6%) each year. All expenses for the organization totaled $32.6k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (13.0%) 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
PROJECTS THAT WERE DESIGNATED BY ORGANIZATION FORASSISTANCE WERE PROVIDED PROCEEDS TO AID IN THEIRFUTURE ENDEAVORS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Vanasse President | 12 | $0 | |
Lin Kelly Secretary | 8 | $0 | |
Mary Ellen Good Treasurer | 8 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,141 |
| Total Program Service Revenue | $0 |
| Membership dues | $20,596 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,732 |
| Other Revenue | $17,379 |
| Total Revenue | $41,851 |
| 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 | $525 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $226 |
| Other expenses | $31,834 |
| Total expenses | $32,585 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,501 |
| Other assets | $0 |
| Total assets | $39,501 |
| Total liabilities | $0 |
| Net assets or fund balances | $39,501 |