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 |