Overview
What is Rotary International-Medford Rotary Club?
Rotary International-Medford Rotary Club is a local nonprofit organization, situated in Medford. Their primary mission revolves around supporting the well-being of both young and elderly community members. They generate funds for their initiatives through member subscriptions, contributions, and charitable events. Their programs are specifically designed to foster and sustain these two age groups, ensuring they remain integral parts of the community.
Official website here: www.medfordrotaryclub.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star rating). Rotary International-Medford Rotary Club has received a moderate rating, indicating that while they show some strengths in governance and financial accountability, there are areas that require improvement. The organization has a fully independent board and shows no signs of material diversion of assets, which reflects positively on its financial integrity.
Despite its strengths in board independence and asset management, the club lacks several key policies, including a conflict of interest policy, whistleblower policy, and document retention plan, which are crucial for maintaining transparency and accountability. Additionally, the absence of their tax form on their website may hinder public access to important financial information.
The program expense ratio stands at 62.76%, suggesting that a considerable portion of their budget is directed towards programs, which is a positive indicator of their commitment to their mission. However, the overall accountability and finance score of 67 indicates that stakeholders may want to be mindful of the governance gaps that could affect the organization’s long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Rotary International-Medford Rotary Club legitimate?
Rotary International-Medford Rotary Club is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary International-Medford Rotary Club submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Official website here: www.medfordrotaryclub.org
What is the mission statement of Rotary International-Medford Rotary Club?
The Rotary International-Medford Rotary Club's mission is centered around supporting local youth and elderly activities. They accomplish this by generating income through member dues, assessments, and fundraising activities. The club's programs are primarily focused on enhancing the lives of these two age groups in their community.
Official website here: www.medfordrotaryclub.org
Who is the CEO of Rotary International-Medford Rotary Club?
Allan K Martorana is the President of Rotary International-Medford Rotary Club.
Official website here: www.medfordrotaryclub.org
What is the revenue of Rotary International-Medford Rotary Club?
Rotary International-Medford Rotary Club's revenue in 2022 was $40,495.
Official website here: www.medfordrotaryclub.org
Who are the executives of Rotary International-Medford Rotary Club and what are their salaries?
Here are 4 key members and their salaries:
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Official website here: www.medfordrotaryclub.org
Where can I find the form 990 for Rotary International-Medford Rotary Club?
Rotary International-Medford Rotary Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.medfordrotaryclub.org
Learn more at the official website: www.medfordrotaryclub.org
Mission Statement of Rotary International-Medford Rotary Club
Rotary International-Medford Rotary Club, in its mission, focuses on supporting local youth and elderly activities. This nonprofit organization generates funds for its initiatives principally through the membership dues and assessments, complemented by fundraising activities. The club's primary objective is to invest in programs that uplift the lives of the youth and the elderly within its community. Through these efforts, Rotary International-Medford Rotary Club seeks to make a significant impact on the lives of its community's younger and older generations.
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Impact
August, 2024
The impact of Rotary International-Medford Rotary Club is significant in supporting local youth and elderly activities in Medford, Massachusetts. The club generates income through member dues, assessments, and fundraising activities to fund programs that benefit the youth and elderly in the community. By actively engaging in initiatives that support these populations, the club contributes to community improvement and fosters a sense of social responsibility among its members.
This information is meant to be a general summary of Rotary International-Medford Rotary Club. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $281
- Program Service Revenue: $25,860
- Gross Receipts: $40,495
Assets and Liabilities:
- Total Assets: $133,687
- Total Liabilities: $25,000
- Net Assets: $108,687
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Organization Details
Founding Year
1923
Phone
(781) 246-0275Principal Officer
Allan K Martorana
Main Address
PO BOX 917, MEDFORD, MA, 02155
Website
www.medfordrotaryclub.orgNTEE Category
Code: S80 - Community improvement
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