Rotary International
- Assets
- $61.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Punta Gorda, FL
- Founding
- 09/1942
- Data as of
- 06/2022
- EIN
- 91-1890218
Organization Overview
Rotary International is located in Punta Gorda, FL. 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 06/2022, Rotary International generated $40.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $36.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
THE CLUB ACTIVELY PARTICIPATES IN CHARITABLE, EDUCATIONAL AND COMMUNITY SERVICE PROJECTS. VARIOUS LOCAL SCHOOLS AND ORGANIZATIONS BENEFIT FROM CONTRIBUTIONS, VOLUNTEER WORK AND SUPPORT. NUMEROUS FUNCTIONS ARE HELD THROUGHOUT THE YEAR WHICH ASSIST IN DEVELOPING A GOOD RELATIONSHIP WITHIN THE COMMUNITY AND OTHER INDIVIDUALS, BUSINESSES, INSTITUTIONS AND ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Gaudette Pres - Elect | 5 | $0 | |
Frank Clark Meeting Chai | 3 | $0 | |
Frank Leontitsis Secretary | 5 | $0 | |
David Ivankovic Membershp Ch | 2 | $0 | |
Geoffrey Lorah Treasurer | 3 | $0 | |
Michael Colgan Foundation C | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $15,591 |
| Membership dues | $15,082 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,591 |
| Other Revenue | $0 |
| Total Revenue | $40,264 |
| 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 | $929 |
| Printing, publications, postage, and shipping | $232 |
| Other expenses | $21,806 |
| Total expenses | $36,789 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,901 |
| Other assets | $0 |
| Total assets | $61,507 |
| Total liabilities | $5,500 |
| Net assets or fund balances | $56,007 |
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