Rotary International
- Assets
- $199.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marion, NC
- Founding
- 09/1942
- Data as of
- 06/2021
- EIN
- 56-6052704
Organization Overview
Rotary International is located in Marion, NC. 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 06/2021, Rotary International generated $59.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $38.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
2020-2021 ROTARY YEAR ACCOMPLISHED A DIMINISHED NUMBER OF PROJECT INITIATIVES SECONDARY TO THE GLOBAL COVID-19 PANDEMIC. PRESIDENT PORTELLI SUCCESSFULLY ENGAGED MEMBERS VIA ZOOM MEETINGS WITH IMPRESSIVE PARTICIPATION. THE DONATIONS TO THE ANNUAL CLUB AUCTION BASICALLY COVERED MONETARY DONATIONS IN LIEU OF AN IN-PERSON EVENT. MUCH WAS ACCOMPLISHED TO ASSURE THAT THE CLUB WAS ABLE TO MEET ITS SCHOLARSHIP COMMITMENT TO A RISING SENIOR AS WELL AS MEET SOME LOCAL AND INTERNATIONAL GOALS ESTABLISHED WITH DISTRICT 7670. THE CLUB GOAL CONSISTENTLY WORKS TO MAXIMIZE FUND RAISING OPPORTUNITIES AND THIS HAS RESULTED IN AN IMPRESSIVE HISTORY OF ANNUAL RECOGNITION AS THE BEST CIVIC CLUB IN MCDOWELL COUNTY. OUR ENGAGEMENT REMAINED HIGH EVEN WITHOUT IN-PERSON MEETINGS THROUGHOUT MOST OF THE ROTARY YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Berlick Director | 1 | $0 | |
Thomas Frank Dean Director | 1 | $0 | |
Elizabeth House Director | 1 | $0 | |
Alex Portelli President | 2 | $0 | |
Walt Bagwell Director | 1 | $0 | |
Brandi Behlke President Elect | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,600 |
| Total Program Service Revenue | $2,335 |
| Membership dues | $25,062 |
| Investment income | $4,959 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,348 |
| Other Revenue | $10,024 |
| Total Revenue | $59,328 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $1,050 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,797 |
| Total expenses | $38,272 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $198,981 |
| Other assets | $0 |
| Total assets | $198,981 |
| Total liabilities | $0 |
| Net assets or fund balances | $198,981 |
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