Rotary Club Of Homewood Foundation in Homewood, Illinois (IL)
Table of contents:
| Rotary Club Of Homewood Foundation | |
| Employer Identification Number (EIN) | 363712050 |
| Name of Organization | Rotary Club Of Homewood Foundation |
| In Care of Name | Mitchell Overgaard |
| Address | PO BOX 1388, Homewood, IL 60430-0388 |
| Activities | Scholarships (other) |
| Subsection | Charitable Organization |
| Ruling Date | 11/1994 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2014 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $331,621 |
| Amount of Income | $41,733 |
| Form 990 Revenue Amount | $28,185 |
Non-representatives - add comments:
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $40,329 | $41,660 | $31,488 |
| Contributions, gifts, grants, and similar amounts received | $19,071 | $17,213 | $6,205 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $3,097 | $5,705 | $6,832 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $18,161 | $18,742 | $18,451 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $30,945 | $31,278 | $30,205 |
| Less: direct expenses from gaming and fundraising events | $12,784 | $12,536 | $11,754 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $18,643 | $43,191 | $15,403 |
| Total net assets | $258,722 | $252,436 | $291,306 |
| Excess/Deficit for the year | $21,686 | $-1,531 | $16,085 |
| Net assets or fund balances at beginning of year | $214,382 | $258,722 | $252,436 |
| Other changes in net assets or fund balances | $22,654 | $-4,755 | $22,785 |
| Net assets or fund balances at end of year | $252,436 | $291,306 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $258,722 | $252,436 | $291,306 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $258,722 | $252,436 | $291,306 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $73,623 |
| Subtotal | $73,623 |
| Gifts, grants, contributions, and membership fees received | $73,623 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $95,041 |
| Public support | $73,623 |
| Subtotal | $21,418 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $21,418 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Other organizations in Illinois | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Wilmette Rotary Club Foundation | PO BOX 111, Wilmette, IL 60091-0111 | IL | 1982-05 | $42,767 |
| 2 | Rotary Charities Foundation Of Urbana | 118 S Race St, Urbana, IL 61801-3257 | IL | 1974-12 | $37,276 |
| 3 | Rotary Club Of Arlington Heights Charitable Foundation | PO BOX 402, Arlington Hts, IL 60006-0402 | IL | 2006-01 | $85,400 |
| 4 | Rotary Club Of Buffalo Grove Charitable Foundation | PO BOX 5062, Buffalo Grove, IL 60089-5062 | IL | 1992-07 | $44,828 |
| 5 | Rotary Club Of Carbondale Charitable Foundation Inc | PO BOX 727, Carbondale, IL 62903-0727 | IL | 1994-02 | $5,705 |
| 6 | Rotary Club Of Crystal Lake Dawnbreakers Charity Fund Inc | PO BOX 842, Crystal Lake, IL 60039-0842 | IL | 1994-02 | $171,225 |
| 7 | Rotary Club Of Darien Illinois Inc | PO BOX 423, Westmont, IL 60559-0423 | IL | 2002-11 | $47,826 |
| 8 | Rotary Club Of Evanston Charitable Fund Inc | PO BOX 84, Evanston, IL 60204-0084 | IL | 1973-10 | $47,055 |
| 9 | Rotary Club Of Glenview Sunrise Charitable Foundation | P O Box 382, Glenview, IL 60025 | IL | 1993-09 | $18,538 |
| 10 | Rotary Club Of Hinsdale Foundation Inc | PO BOX 395, Hinsdale, IL 60522-0395 | IL | 2000-03 | $138,529 |
| 11 | Rotary Club Of Homewood Foundation | PO BOX 1388, Homewood, IL 60430-0388 | IL | 1994-11 | $41,733 |
| 12 | Rotary Club Of Libertyville Foundation | 809 Liberty Bell Lane, Libertyville, IL 60048 | IL | 2001-07 | $16,767 |
| 13 | Rotary Club Of Marshall Finney Educational Trust Fund | PO BOX 98, Marshall, IL 62441-0098 | IL | 1975-10 | $3,630 |
| 14 | Rotary Club Of Mundelein & Vern Hills Charit Found | Po Box 957, Mundelein, IL 60060 | IL | 1997-06 | $0 |
| 15 | Rotary Club Of Peoria-North Foundation | PO BOX 9062, Peoria, IL 61612-9062 | IL | 1998-12 | $71,960 |
| 16 | Rotary Club Of Schaumburg-Hoffman Estates Charitable Foundation Inc | PO BOX 958121, Hoffman Est, IL 60195-8121 | IL | 1995-01 | $181,426 |
| 17 | Rotary Club Of Sparta-Henderson Memorial Foundation Inc | 603 Fox Run, Sparta, IL 62286-1080 | IL | 2002-06 | $20,587 |
| 18 | Rotary Club Of Springfield South Foundation | 40 Adloff Ln Ste 2, Springfield, IL 62703-6301 | IL | 1990-03 | $35,374 |
| 19 | Rotary Club Of Wheeling Illinois- Grant Fund | Po Box 75, Wheeling, IL 60090 | IL | 1997-12 | $52,959 |
| 20 | Rotary District 6440 Charitable Fund Inc Nfp | 112 S Waverly Place, Mt Prospect, IL 60056 | IL | 2005-08 | $15,858 |
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