Rotary International is located in Colorado Springs, CO. 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 $156.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $143.4k during the year ending 06/2024. While expenses have increased by 12.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
TO PROVIDE SERVICE AND SUPPORT TO OUTSTANDING ORGANIZATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Samantha Chapman President | 5 | $0 | |
Kay Rendleman Past President President | 5 | $0 | |
Tina Dewey President-Elect President | 5 | $0 | |
Mike Mcgrath Treasurer Treasurer | 5 | $0 | |
Lynn Pearson Secretary Secretary | 5 | $0 | |
Bill Nelson Director Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,597 |
Total Program Service Revenue | $83,586 |
Membership dues | $62,558 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $156,041 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $25,157 |
Professional fees and other payments to independent contractors | $8,879 |
Occupancy, rent, utilities, and maintenance | $1,800 |
Printing, publications, postage, and shipping | $65 |
Other expenses | $97,234 |
Total expenses | $143,365 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $122,359 |
Other assets | $0 |
Total assets | $122,359 |
Total liabilities | $68 |
Net assets or fund balances | $122,291 |