Morristown Rotary Club Endowment Fund Inc

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

EIN: 223198933 ✦ Morristown, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Morristown Rotary Club Endowment Fund Inc?

Morristown Rotary Club Endowment Fund Inc is a charitable organization situated in Morristown, New Jersey. Their primary mission is to support local nonprofits in the area, as well as various charities designated by Rotary International, Inc. They accomplish this by providing both financial contributions and volunteer time to these projects and organizations. The fund aims to enhance the community of Morristown, NJ, through their philanthropic efforts.


Official website here: www.morristownrotary.com

Is Morristown Rotary Club Endowment Fund Inc legitimate?

Morristown Rotary Club Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morristown Rotary Club Endowment Fund Inc 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.morristownrotary.com

What is the mission statement of Morristown Rotary Club Endowment Fund Inc?

The Morristown Rotary Club Endowment Fund Inc is committed to providing both financial resources and volunteer time to various 501(c)(3) organizations within its community. Its mission is to support projects aimed at making a positive impact in these organizations, contributing to their overall goals and objectives. The fund actively seeks to donate to local charities within the Morristown area, as well as to charities designated by Rotary International, Inc. Overall, the Morristown Rotary Club Endowment Fund Inc serves as a vital source of aid and assistance for numerous non-profit organizations, contributing to the betterment of its community.


Official website here: www.morristownrotary.com

Who is the CEO of Morristown Rotary Club Endowment Fund Inc?

Michael J Franchino is the President of Morristown Rotary Club Endowment Fund Inc.


Official website here: www.morristownrotary.com

What is the revenue of Morristown Rotary Club Endowment Fund Inc?

Morristown Rotary Club Endowment Fund Inc's revenue in 2023 was $267,230.


Official website here: www.morristownrotary.com

Who are the executives of Morristown Rotary Club Endowment Fund Inc and what are their salaries?


Here are 5 key members and their salaries:


Michael J Franchino (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Wenzel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Weiss (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Ward (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas W Greenberger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.morristownrotary.com

Where can I find the form 990 for Morristown Rotary Club Endowment Fund Inc?

Morristown Rotary Club Endowment Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.morristownrotary.com

Learn more at the official website: www.morristownrotary.com

Mission Statement of Morristown Rotary Club Endowment Fund Inc

Morristown Rotary Club Endowment Fund Inc is committed to providing both financial resources and volunteer time to various 501(C) (3) organizations within its local area. This nonprofit organization's primary mission is to make a significant impact in the lives of those in need by supporting projects and initiatives that align with the values and goals of Rotary International, Inc. By offering both funds and the dedication of its members' time, Morristown Rotary Club Endowment Fund Inc aims to contribute to the betterment of its community. The organization's contributions extend beyond its immediate area, as it also supports various charities as designated by Rotary International, Inc. Overall, Morristown Rotary Club Endowment Fund Inc serves as a vital source of support for numerous nonprofit initiatives, helping to improve the lives of individuals in its community and beyond.

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Impact




October, 2024

The Morristown Rotary Club Endowment Fund Inc significantly enhances the local community by channeling funds and volunteer efforts into various projects and organizations in the Morristown, NJ area. It supports local organized charities, providing vital resources that contribute to community improvement and well-being. Additionally, it aligns with the broader goals of Rotary International by enabling contributions to designated charities, thus amplifying its impact beyond the local scope. This initiative promotes a culture of service, volunteerism, and charitable giving, inspiring individuals and groups to get involved and make a positive difference in the community. Through these efforts, it fosters a spirit of collaboration and strengthens the social fabric of Morristown.




This information is meant to be a general summary of Morristown Rotary Club Endowment Fund 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
$267,230 (2023)
Expenses
$256,851 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,901
  • Gross Receipts: $305,976

Assets and Liabilities:

  • Total Assets: $354,823
  • Total Liabilities: $11,974
  • Net Assets: $342,849

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Organization Details

Founding Year

1992

Principal Officer

Michael J Franchino

Main Address

60 WASHINGTON ST ST 100, MORRISTOWN, NJ, 07960

NTEE Category

Code: S80 - Community improvement

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