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Central Ocean Rotary Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200193362 ✦ Toms river, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Central Ocean Rotary Foundation Inc?

Central Ocean Rotary Foundation Inc is a charitable organization that generously donates funds to various local and international non-profits, as well as offering scholarships to deserving high school seniors for higher education. Their primary source of funding comes from fundraising events organized by their dedicated member-volunteers and generous public contributions. The organization demonstrates a commitment to both community charities and international causes, such as the Gift of Life Foundation. Their philanthropic efforts aim to make a positive impact on numerous communities around the world.


Official website here: www.clubrunner.ca/1690

Is Central Ocean Rotary Foundation Inc legitimate?

Central Ocean Rotary Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Ocean Rotary Foundation Inc submitted a form 990EZ, 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.


Official website here: www.clubrunner.ca/1690

What is the mission statement of Central Ocean Rotary Foundation Inc?

The Central Ocean Rotary Foundation Inc. is an organization that contributes financially to both local and international non-profit entities, as well as offering scholarships to high school graduates pursuing higher education. Fundraising events and public donations are primary sources of income for this charitable entity. Additionally, the foundation extends its support to organizations such as the Gift of Life Foundation, demonstrating its commitment to both community and international charitable causes.


Official website here: www.clubrunner.ca/1690

Who is the CEO of Central Ocean Rotary Foundation Inc?

Elizabeth Rastelli is the President of Central Ocean Rotary Foundation Inc.


Official website here: www.clubrunner.ca/1690

What is the revenue of Central Ocean Rotary Foundation Inc?

Central Ocean Rotary Foundation Inc's revenue in 2020 was $19,382.


Official website here: www.clubrunner.ca/1690

Who are the executives of Central Ocean Rotary Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Elizabeth Rastelli (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Koerner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James K Koerner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.clubrunner.ca/1690

Where can I find the form 990EZ for Central Ocean Rotary Foundation Inc?

Central Ocean Rotary Foundation Inc's most recent form 990EZ was submitted in 2020 and can be accessed here.


Official website here: www.clubrunner.ca/1690

Learn more at the official website: www.clubrunner.ca/1690

Mission Statement of Central Ocean Rotary Foundation Inc

Central Ocean Rotary Foundation, a charitable organization, is committed to providing financial assistance to both local and international non-profit entities, as well as offering scholarships to deserving high school seniors for their higher education. The foundation raises funds through the collective efforts of its members and volunteers, as well as by accepting donations from the public. Central Ocean Rotary Foundation's philanthropic activities extend beyond its local community, reaching out to international organizations such as the Gift of Life Foundation. The organization's primary goal is to support various charitable causes and contribute to the betterment of society, both domestically and internationally.

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Impact




August, 2024

Central Ocean Rotary Foundation Inc has had a significant impact by donating money to local non-profit organizations, international organizations, and local high school seniors for scholarships for higher education. This support is made possible through fundraising efforts by member volunteers and donations from the public. By supporting community charities and international organizations like the Gift of Life Foundation, the foundation plays a vital role in creating positive change and making a difference in the lives of individuals and communities in need.




This information is meant to be a general summary of Central Ocean Rotary Foundation Inc. 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.

Revenue
$19,382 (2020)
Expenses
$1,621 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $2,009
  • Gross Receipts: $19,382

Assets and Liabilities:

  • Total Assets: $129,839
  • Total Liabilities: $0
  • Net Assets: $129,839

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Organization Details

Principal Officer

Elizabeth Rastelli

Main Address

10 Allen St Ste 3A, Toms River, NJ, 08753

NTEE Category

Code: T30 - Philanthropy

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