Rotary International 25 Rotary

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

EIN: 561437964 ✦ Swansboro, NC ✦ Designated as a 501(c)(4)

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Overview

What is Rotary International 25 Rotary?

Rotary International 25 Rotary is a nonprofit organization situated in Swansboro, North Carolina. Their primary mission is to make contributions towards the Swansboro Rotary Foundation Scholarship Fund. This fund aims to support educational endeavors in the community by providing scholarships to deserving individuals. The organization's work is carried out through the Swansboro Rotary Foundation, which serves as the recipient of these contributions. The foundation's activities and goals contribute positively to the local community, particularly in the area of education, by offering financial assistance to students in need.

Is Rotary International 25 Rotary legitimate?

Rotary International 25 Rotary is a legitimate nonprofit organization registered as a 501(c)(4) entity. Rotary International 25 Rotary 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 International 25 Rotary?

Rotary International 25 Rotary's mission is centered around providing contributions to the Swansboro Rotary Foundation Scholarship Fund. The organization's primary goal is to support this fund, contributing to the educational aspirations of individuals in need of financial assistance. By doing so, Rotary International 25 Rotary aims to contribute to the betterment of the community, fostering opportunities for growth and development through education. The organization's activities are focused on raising funds for this specific purpose, reflecting its commitment to education and community development.

What is the revenue of Rotary International 25 Rotary?

Rotary International 25 Rotary's revenue in 2024 was $1,368,001.

Who are the executives of Rotary International 25 Rotary and what are their salaries?

Here are 4 key members and their salaries:


Mike Denmead (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Rogers (President Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Branden Burt (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Douglas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Rotary International 25 Rotary?

Rotary International 25 Rotary's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Rotary International 25 Rotary

Rotary International 25 Rotary is an organization with a mission to make contributions to the Swansboro Rotary Foundation Scholarship Fund. In simpler terms, this nonprofit is dedicated to supporting educational opportunities by donating to the Swansboro Rotary Foundation's scholarship program. The contributions made by Rotary International 25 Rotary aim to help deserving individuals pursue their higher education, thereby empowering them to contribute positively to their communities and society at large.

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Impact




October, 2024

Rotary International 25 Rotary significantly impacts the local community by contributing to the Swansboro Rotary Foundation Scholarship Fund. This initiative supports the education of local students, helping them access higher learning opportunities that might otherwise be out of reach. By fostering educational attainment, Rotary International 25 not only enhances the individual prospects of scholarship recipients but also strengthens the community's social and economic fabric. Through these contributions, the organization promotes community improvement and ensures that young individuals have the resources they need to succeed and contribute positively to society.




This information is meant to be a general summary of Rotary International 25 Rotary. 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
$1,368,001 (2024)
Expenses
$1,210,797 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $20
  • Gross Receipts: $1,368,001

Assets and Liabilities:

  • Total Assets: $585,343
  • Total Liabilities: $6,651
  • Net Assets: $578,692

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Organization Details

Principal Officer

Mike Denmead

NTEE Category

Code: S80 - Community improvement

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