Form 990 for tax year 2022
Filed by SUBURBAN ROTARY CHARITABLE FOUNDATION.
Totals
- Total revenue
- $408,455
- Total expenses
- $113,116
- Contributions and grants received
- $250,952
- Grants paid
- $70,634
- Program service revenue
- $0
- Investment income
- $155,838
- Other revenue
- $1,665
- Total assets, end of year
- $2,298,570
- Total liabilities, end of year
- $77
- Net assets or fund balances, end of year
- $2,298,493
- Program services expenses (Part IX)
- $93,190
- Management and general expenses
- $19,926
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $93,190
Program services were 82.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$250,952
-
3 · Investment income
total $51,637 · excluded $51,637
-
7a · Gross sales of assets other than inventory
securities $643,385
-
7b · Less cost or other basis and sales expenses
securities $539,184
-
7c · Gain or loss
securities $104,201
-
7d · Net gain or loss
total $104,201 · excluded $104,201
-
11a · Other revenue: FINES
total $1,665 · related or exempt $1,665
-
11e · Other revenue, total
$1,665
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $26,634 · program services $26,634
-
2 · Grants to domestic individuals
total $44,000 · program services $44,000
-
11a · Fees: management
total $17,776 · management and general $17,776
-
11c · Fees: accounting
total $2,150 · management and general $2,150
-
13 · Office expenses
total $16,827 · program services $16,827
-
24a · Other expenses: SCHOLARSHIP
total $4,929 · program services $4,929
-
24b · Other expenses: YOUTH EXHANGE
total $800 · program services $800
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $108,403 · end of year $121,746
-
2 · Savings and temporary cash investments
beginning of year $190,036 · end of year $62,098
-
11 · Investments: publicly traded securities
beginning of year $1,761,764 · end of year $2,115,243
-
15 · Other assets
beginning of year -$517 · end of year -$517
-
25 · Other liabilities
beginning of year $17 · end of year $77
-
27 · Net assets without donor restrictions
beginning of year $1,953,163 · end of year $2,088,785
-
28 · Net assets with donor restrictions
beginning of year $106,506 · end of year $209,708
Mission and programs · 2022
Mission
THE MAJOR PURPOSE OF THE FOUNDATION IS PROVIDING SCHOLARSHIPS FOR YOUNG HANDICAPPED MEN AND WOMEN WHO ARE PURSUING POST-HIGH SCHOOL EDUCATION.
Activities or mission (Part I)
TO PROMOTE POST-SECONDARY EDUCATION FOR HANDICAPPED YOUNG MEN AND WOMEN.
-
SCHOLARHIPS FOR POST-SECONDARY EDUCATION OF YOUNG HANDICAPPED MEN & WOMEN. THIS PROGRAM HAS PROVIDED A SIGNIFICANT CONTRIBUTION TO THE LOCAL COMMUNITY BY FUNDING SCHOLARSHIP FOR HIGH SCHOOL SENIORS WITH PHYSICIAL DISABILITIES TO CONTINUE THEIR POST-HIGH SCHOOL EDUCATION.
Expenses $44,000 · Grants $44,000
-
AS A MEANS TO BUILD UNDERSTANDING, THE YOUTH EXCHANGE PROGRAM IS A STUDY-ABROAD OPPORTUNITY FOR SECONDARY-SCHOOL STUDENTS WHO SPEND ANYWHERE FROM A FEW WEEKS TO A FULL YEAR AS AN INTERNATIONAL STUDENT HOSTED BY THE ORGANIZATION.
Expenses $800
-
ROTARY YOUTH LEADERSHIP AWARDS CAMP SCHOLARSHIP IS A PROGRAM IN WHICH RECIPIENTS SPEND A WEEK IN A PROGRAM OF DISCUSSION, INSPIRATIONAL ADDRESSES, LEADERSHIP TRAINING, AND SOCIAL ACTIVITIES DESIGNED TO ENHANCE PERSONAL DEVELOPMENT, LEADERSHIP SKILLS, AND GOOD CITIZENSHIP.
-
OTHER PROGRAM SERVICES
Expenses $48,390 · Grants $26,634 · Revenue $1,665
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Kevin WelshKEVIN WELSH
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5 + 1 related
-
Dave LaferlaDAVE LAFERLA
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5 + 1 related
-
Tom KerfootTOM KERFOOT
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Mary BernierMARY BERNIER
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
John BinderupJOHN BINDERUP
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5 + 1 related
-
John HoichJOHN HOICH
CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Randy WieslerRANDY WIESLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
Alan StanekALAN STANEK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
Terri GreenwoodTERRI GREENWOOD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.1
-
Jennifer Jirak-BrungardtJENNIFER JIRAK-BRUNGARDT
SECRETARY
- Total calculated
- $47,250
- From this org
- $0
- From related orgs
- $47,250
- Other
- $0
- Hours/week
- 10 + 30 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
ROTARY CLUB OF OMAHA - SUBURBAN
501(C)(4) · TO PROVIDE SERVICE TO OTHERS THROUGH ITS FELLOWSHIP OF COMMUNITY LEADERS. · NE
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401359349308120
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.