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Rotary Club Of Palatine Foundation

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

EIN: 263154972 ✦ Palatine, IL ✦ Designated as a 501(c)(3)

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Overview

What is Rotary Club Of Palatine Foundation?

The Rotary Club Of Palatine Foundation is a charitable organization situated in Palatine, Illinois. With a strong focus on service, their primary objective is to promote and reinforce the ethos of humanitarian work as a foundation for successful endeavors. The foundation channels its efforts towards supporting both national and international humanitarian projects, demonstrating a global commitment to bettering lives.

Is Rotary Club Of Palatine Foundation legitimate?

Rotary Club Of Palatine Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rotary Club Of Palatine Foundation 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

What is the mission statement of Rotary Club Of Palatine Foundation?

The Rotary Club Of Palatine Foundation's mission is centered around supporting humanitarian projects both nationally and internationally. This mission aligns with the broader objective of Rotary, encouraging and fostering the notion of service as the foundation for worthy endeavors. The Club's activities are geared towards contributing to various humanitarian causes, demonstrating a commitment to making a positive impact on a global scale.

Who is the CEO of Rotary Club Of Palatine Foundation?

Michael Reiss is the Director of Rotary Club Of Palatine Foundation.

What is the revenue of Rotary Club Of Palatine Foundation?

Rotary Club Of Palatine Foundation's revenue in 2023 was $91,874.

Who are the executives of Rotary Club Of Palatine Foundation and what are their salaries?


Here are 7 key members and their salaries:


Hank Sobotka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Stoeckel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Stoeckel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Thomas (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Klingner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Young (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Reiss (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rotary Club Of Palatine Foundation?

Rotary Club Of Palatine Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Rotary Club Of Palatine Foundation

The Rotary Club of Palatine Foundation is committed to supporting national and international humanitarian projects. This mission is an extension of the Rotary's core objective, which is to encourage and foster the concept of service as a fundamental aspect of worthy endeavors. The foundation leverages this ethos to contribute to humanitarian initiatives on a global scale.

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Impact




October, 2024

The Rotary Club of Palatine Foundation plays a significant role in enhancing the well-being of communities both locally and globally. By supporting national and international humanitarian projects, it addresses critical needs ranging from education and health care to disaster relief and environmental sustainability.

Through its initiatives, the Foundation fosters a spirit of service that inspires individuals to contribute meaningfully to worthy causes. Its impact is felt across various sectors, as it mobilizes resources and volunteers to implement projects that uplift communities, empower individuals, and promote social responsibility. The Foundation's work reflects a commitment to creating a better world, driven by the ideal of service that is central to its mission.




This information is meant to be a general summary of Rotary Club Of Palatine Foundation. 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
$91,874 (2023)
Expenses
$82,874 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $10
  • Gross Receipts: $266,910

Assets and Liabilities:

  • Total Assets: $71,969
  • Total Liabilities: $200
  • Net Assets: $71,769

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Organization Details

Founding Year

2008

Principal Officer

Michael Reiss

Main Address

PO BOX 412, PALATINE, IL, 60078

NTEE Category

Code: T30 - Philanthropy

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