Civic Intelligence

Rotary International District 5650 Inc

EIN 47-0658808 • 501(c)4 • Boystown, NE

Profile

The objective of rotary is to encourage and foster the ideal of service as a basis of worthy enterprise and, in particular, to encourage and foster: first - the development of acquaintance as an opportunity for service; second - high ethical standards in business and professions; the recognition of the worthiness of all useful occupations; and the dignifying of each rotarian's occupation as an opportunity to serve society; third - the application of the ideal of service in each rotarian's personal, business, and community life; fourth - the advancement of international understanding, goodwill, and peace through a world fellowship of business and professional persons united in the ideal of service.

PO Box 711Boystown, NE 68010

www.rotarydistrict5650.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

62nd percentile

7.9%

Higher net margin than 62% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

80th percentile

17%

Faster asset growth than 80% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

27th percentile

-23%

Faster revenue growth than 27% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$247,139

Up $36,726 (+17%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$247,139

Up $36,726 (+17%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin62nd percentile

Revenue

Down

$191,707

Down $57,747 (-23%) from 2023

Expenses

Down

$176,645

Down $120,064 (-40%) from 2023

Net Income

Up

$15,062

Up $62,317 (+132%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth80th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $70,277Liabilities 2011: $1,533Net Assets 2011: $68,7442011Assets 2012: $68,856Liabilities 2012: $0Net Assets 2012: $68,8562012Assets 2013: $77,326Liabilities 2013: $1,015Net Assets 2013: $76,3112013Assets 2014: $86,272Liabilities 2014: $0Net Assets 2014: $86,2722014Assets 2015: $108,298Liabilities 2015: $0Net Assets 2015: $108,2982015Assets 2016: $146,056Liabilities 2016: $0Net Assets 2016: $146,0562016Assets 2017: $173,214Liabilities 2017: $5,125Net Assets 2017: $168,0892017Assets 2018: $180,960Liabilities 2018: $8,890Net Assets 2018: $172,0702018Assets 2019: $209,706Liabilities 2019: $16,730Net Assets 2019: $192,9762019Assets 2020: $154,270Liabilities 2020: $0Net Assets 2020: $154,2702020Assets 2021: $181,550Liabilities 2021: $7,100Net Assets 2021: $174,4502021Assets 2022: $255,859Liabilities 2022: $11,332Net Assets 2022: $244,5272022Assets 2023: $210,413Liabilities 2023: $0Net Assets 2023: $210,4132023Assets 2024: $247,139Liabilities 2024: $0Net Assets 2024: $247,1392024

Highlighted filing

2024

Assets$247,139
Liabilities$0
Net Assets$247,139
Open 2024 Filing

Operations Trend

Revenue Growth27th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $163,696Expenses 2011: $156,587Net Income 2011: $7,1092011Revenue 2012: $157,114Expenses 2012: $157,002Net Income 2012: $1122012Revenue 2013: $167,456Expenses 2013: $160,001Net Income 2013: $7,4552013Revenue 2014: $191,479Expenses 2014: $181,518Net Income 2014: $9,9612014Revenue 2015: $179,315Expenses 2015: $157,289Net Income 2015: $22,0262015Revenue 2016: $197,797Expenses 2016: $160,039Net Income 2016: $37,7582016Revenue 2017: $203,711Expenses 2017: $181,678Net Income 2017: $22,0332017Revenue 2018: $250,752Expenses 2018: $246,771Net Income 2018: $3,9812018Revenue 2019: $221,560Expenses 2019: $189,493Net Income 2019: $32,0672019Revenue 2020: $201,114Expenses 2020: $238,765Net Income 2020: -$37,6512020Revenue 2021: $131,058Expenses 2021: $126,193Net Income 2021: $4,8652021Revenue 2022: $212,867Expenses 2022: $142,420Net Income 2022: $70,4472022Revenue 2023: $249,454Expenses 2023: $296,709Net Income 2023: -$47,2552023Revenue 2024: $191,707Expenses 2024: $176,645Net Income 2024: $15,0622024

Highlighted filing

2024

Revenue$191,707
Expenses$176,645
Net Income$15,062
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$247,139
Liabilities
$0
Net assets
$247,139
Revenue
$191,707
Expenses
$176,645
Net income
$15,062
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.47$0.00$2.47$1.92$1.77$0.15
2023Detailed filing. Detailed filing data is available for this year.$2.10$0.00$2.10$2.49$2.97$0.47
2022Detailed filing. Detailed filing data is available for this year.$2.56$0.11$2.45$2.13$1.42$0.70
2021Detailed filing. Detailed filing data is available for this year.$1.82$0.07$1.74$1.31$1.26$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$2.01$2.39$0.38
2019Detailed filing. Detailed filing data is available for this year.$2.10$0.17$1.93$2.22$1.89$0.32
2018Detailed filing. Detailed filing data is available for this year.$1.81$0.09$1.72$2.51$2.47$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.73$0.05$1.68$2.04$1.82$0.22
2016Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$1.98$1.60$0.38
2015Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$1.79$1.57$0.22
2014Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$1.91$1.82$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.01$0.76$1.67$1.60$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.00$0.69$1.57$1.57$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.02$0.69$1.64$1.57$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 17, 2025
Return Version
2023v6.0
Gross Receipts
$191,707
Mission and Program Overview

Mission

The objective of rotary is to encourage and foster the ideal of service as a basis of worthy enterprise and, in particular, to encourage and foster: first - the development of acquaintance as an opportunity for service; second - high ethical standards in business and professions; the recognition of the worthiness of all useful occupations; and the dignifying of each rotarian's occupation as an opportunity to serve society; third - the application of the ideal of service in each rotarian's personal, business, and community life; fourth - the advancement of international understanding, goodwill, and peace through a world fellowship of business and professional persons united in the ideal of service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$118,734$155,621▲ $36,887
Savings and Temporary Cash Investments$64,415$65,254▲ $839
Prepaid Expenses and Deferred Charges$27,264$26,264▼ $1,000
Total Assets$210,413$247,139▲ $36,726
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$185,413$222,139▲ $36,726
Net Assets With Donor Restrictions$25,000$25,000→ $0
Total Net Assets Fund Balance$210,413$247,139▲ $36,726
Total Liabilities and Net Assets / Fund Balance$210,413$247,139▲ $36,726
Compensation and Service Providers
Top Officer Pay89th percentile

Board Members and Trustees

NameTitle
Mick MckinleyDistrict Rotary Foundation Chair
Randy BretzAt Large Director - Large Club
Scott DelisiAt Large Director - Medium Club
Brian MoonAt Large Director - Pdg
Frank GoldbergAt Large Director - Pdg
Lana LikensAt Large Director - Small Club
Rob SimmonAssistant Governor Team Leader
Kathryn SchubertDistrict Governor
Tom KerfootDistrict Governor-elect
Robert RappDistrict Governor-nominee
Jim GriesenDistrict Secretary
Gary BrenDistrict Treasurer
Barbara BartleImmediate Past District Governor
Revenue and Support

Revenue Composition

Contributions and Grants
$55,849
Program Service Revenue
$119,891
Investment Income
$877
Other Revenue
$15,090
All Other Contributions
$55,849
Change in Net Assets
$15,062
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$124,145
Grants and Similar Amounts Paid$52,500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$54,478$4,070-$58,548
Grants to Domestic Orgs$52,500--$52,500
All Other Expenses$4,014$3,175-$7,189
Information Technology-$4,561-$4,561
Other Expenses$3,357$410-$3,767
Travel$1,970--$1,970
Office Expenses-$634-$634
Total Functional Expenses$152,598$24,047$0$176,645
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Rotary Club of Omaha WestOmaha, NE501(c)(3)To Support Program Activities.$9,375
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

“The executive committee may exercise all powers of the board when the board is not in session. It will make decisions between meetings of the clubs and between meetings of the board on behalf of the district on matters requiring immediate attention.”

Form 990, Part VI, Section B, Line 11B

“The district governor is given the form 990 for review and signature. The form 990 is provided to the board of directors prior to filing of the form.”

Form 990, Part VI, Section B, Line 12C

“A conflict of interest policy is included in the bylaws and states that a director must disclose any conflict of interest and in order for a transaction in which a director has a conflict of interest may only be approved if: 1) the material facts of the transaction and the director's interest were disclosed or known to the board or a committee of the board and the board or committee authorized, approved, or ratified the transaction; or 2) the material facts of the transaction and director's interest were disclosed or known to the members and they authorized, approved or ratified the transaction. A conflict of interest transaction is authorized, approved, or ratified if it receives the affirmitive vote of a majority of the directors on the board or on the committee who have no direct or indirect interest in the transaction, but a transaction may not be authorized, approved, or ratified under this policy by a single director.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy, and financial statements are posted on the district website and available to the public at any time.”

Filing and Contact Details

Filer

Filer Name
Rotary International District 5650 Inc
EIN
47-0658808
Phone
4029818476
Address
PO BOX 711, BOYSTOWN, NE 68010

Signing Officer

Name
Kathryn Schubert
Title
District Governor
Phone
4029818476
Signed
2025-03-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathryn Schubert
Formed
1958
Legal Domicile
Ne
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
61

Preparer

Firm
Eide Bailly Llp
Address
18081 BURT ST STE 200, OMAHA, NE 68022-4722
Preparer
Wendy R Cooley CPA
Phone
4023302660
Raw XML AppendixShowing 400 of 417 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4DISTRICT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5IMMEDIATE PAST DISTRICT GOVERNOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6AT LARGE DIRECTOR - LARGE CLUB
IRS990/Form990PartVIISectionAGrp/TitleTxt7AT LARGE DIRECTOR - MEDIUM CLUB
IRS990/Form990PartVIISectionAGrp/TitleTxt8AT LARGE DIRECTOR - PDG
IRS990/Form990PartVIISectionAGrp/TitleTxt9AT LARGE DIRECTOR - SMALL CLUB
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IRS990/MembersOrStockholdersInd00
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE OBJECTIVE OF ROTARY IS TO ENCOURAGE AND FOSTER THE IDEAL OF SERVICE AS A BASIS OF WORTHY ENTERPRISE AND, IN PARTICULAR, TO ENCOURAGE AND FOSTER: FIRST - THE DEVELOPMENT OF ACQUAINTANCE AS AN OPPORTUNITY FOR SERVICE; SECOND - HIGH ETHICAL STANDARDS IN BUSINESS AND PROFESSIONS; THE RECOGNITION OF THE WORTHINESS OF ALL USEFUL OCCUPATIONS; AND THE DIGNIFYING OF EACH ROTARIAN'S OCCUPATION AS AN OPPORTUNITY TO SERVE SOCIETY; THIRD - THE APPLICATION OF THE IDEAL OF SERVICE IN EACH ROTARIAN'S PERSONAL, BUSINESS, AND COMMUNITY LIFE; FOURTH - THE ADVANCEMENT OF INTERNATIONAL UNDERSTANDING, GOODWILL, AND PEACE THROUGH A WORLD FELLOWSHIP OF BUSINESS AND PROFESSIONAL PERSONS UNITED IN THE IDEAL OF SERVICE.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0634
IRS990/OfficeExpensesGrp/TotalAmt0634
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DISTRICT COMMITTEES/PRO
IRS990/OtherExpensesGrp/Desc1YOUTH EXCHANGE EXPENSES
IRS990/OtherExpensesGrp/Desc2DISTRICT GOVERNOR ELECT
IRS990/OtherExpensesGrp/Desc3DISTRICT GOVERNOR SUPPO
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1980
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2410
IRS990/OtherExpensesGrp/ProgramServicesAmt012006
IRS990/OtherExpensesGrp/ProgramServicesAmt115230
IRS990/OtherExpensesGrp/ProgramServicesAmt29043
IRS990/OtherExpensesGrp/ProgramServicesAmt33357
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IRS990/OtherExpensesGrp/TotalAmt115230
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IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027264
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt026264
IRS990/PrincipalOfficerNm0KATHRYN SCHUBERT
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IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES - PROG
IRS990/ProgramServiceRevenueGrp/Desc1SEMINARS AND TRAINING
IRS990/ProgramServiceRevenueGrp/Desc2ROTARY RIDES
IRS990/ProgramServiceRevenueGrp/Desc3YOUTH EXCHANGE INCOME
IRS990/ProgramServiceRevenueGrp/Desc4ROTARY LEADERSHIP INST
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt39477
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt41385
IRS990/ProgSrvcAccomActy2Grp/Desc0ROTARY YOUTH EXCHANGE (RYE) IS PROBABLY THE LARGEST SINGLE PROGRAM ADMINISTERED BY THE DISTRICT. RYE PROVIDES CLUBS WITH THE ABILITY TO SEND LOCAL STUDENTS OVERSEAS FOR A SCHOOL YEAR WITH A STUDENT FROM THEIR DESTINATION BEING HOSTED BY FAMILIES ASSOCIATED WITH THE LOCAL CLUB. RYE'S ROLE IS TO MAKE CONNECTIONS TO POTENTIAL EXCHANGE TARGET LOCATIONS AND STUDENTS OVERSEAS, AS WELL AS PROVIDING GOVERNMENT REQUIRED TRAINING AND SUPPORT FOR THE INBOUND EXCHANGE STUDENTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt015230
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt09477
IRS990/ProgSrvcAccomActy3Grp/Desc0ROTARY LEADERSHIP INSTITUTE (RLI) IS A PROGRAM DESIGNED TO DEVELOP FUTURE LEADERS. IT IS OFFERED TO THE MEMBERS OF ROTARY DISTRICTS 5650 AND 6000 AS A TOOL TO BUILD LEADERSHIP SKILLS AND OVERALL KNOWLEDGE OF ROTARY. IT IS A THREE-DAY PROGRAM, WHICH EACH DAY BEING A "PART" OF THE PROGRAM. ROTARIANS THAT HAVE COMPLETED ALL THREE SECTIONS THEN "GRADUATE" FROM RLI. A NUMBER OF CURRENT CLUB AND DISTRICT LEADERS HAVE GRADUATED FROM RLI. THE PROGRAM IS DELIVERED BY VOLUNTEER FACILITATORS WHO HAVE BEEN CERTIFIED AS RLI FACILITATORS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt02156
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01385
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ROTARY RIDES IS A COMMUNITY BIKE RIDE TO RAISE MONEY FOR POLIO ERADICATION.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt01876
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt010548
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYExcessBenefitTransInd00
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IRS990/PYInvestmentIncomeAmt0420
IRS990/PYOtherExpensesAmt0162236
IRS990/PYOtherRevenueAmt017399
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IRS990/PYTotalExpensesAmt0296709
IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
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IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0113571
IRS990/SavingsAndTempCashInvstGrp/BOYAmt064415
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IRS990/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt09375
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT PROGRAM ACTIVITIES.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ROTARY CLUB OF OMAHA WEST
IRS990ScheduleI/RecipientTable/RecipientEIN0470427914
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt04089 S 84TH ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0OMAHA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NE
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0681271701
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0AN APPLICATION IS COMPLETED AND PROVIDED TO THE DISTRICT GRANTS COMMITTEE FOR APPROVAL. THE APPLICATION DESCRIBES THE PROJECT, WHO IT WILL SERVE, AND VARYING COSTS OF THE PROJECT. IT ALSO IDENTIFIES ANY OTHER FUNDING SOURCES, FOR EXAMPLE, THE AMOUNT THAT AN INDIVIDUAL ROTARY CLUB WILL CONTRIBUTE TOWARD THE PROJECT. A PROGRESS REPORT IS COMPLETED BY EACH FUNDING RECIPIENT BY DECEMBER 31ST AND A FINAL REPORT IS REQUIRED BY MARCH 31ST. REPORTS MUST INCLUDE EVIDENCE OF EXPENDITURES PAID IN CONNECTION WITH THE PROJECT. ANY UNEXPENDED FUNDS NOT USED FOR THE PROJECT MUST BE RETURNED TO THE DISTRICT FOUNDATION ACCOUNT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE COMMITTEE MAY EXERCISE ALL POWERS OF THE BOARD WHEN THE BOARD IS NOT IN SESSION. IT WILL MAKE DECISIONS BETWEEN MEETINGS OF THE CLUBS AND BETWEEN MEETINGS OF THE BOARD ON BEHALF OF THE DISTRICT ON MATTERS REQUIRING IMMEDIATE ATTENTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DISTRICT GOVERNOR IS GIVEN THE FORM 990 FOR REVIEW AND SIGNATURE. THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING OF THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A CONFLICT OF INTEREST POLICY IS INCLUDED IN THE BYLAWS AND STATES THAT A DIRECTOR MUST DISCLOSE ANY CONFLICT OF INTEREST AND IN ORDER FOR A TRANSACTION IN WHICH A DIRECTOR HAS A CONFLICT OF INTEREST MAY ONLY BE APPROVED IF: 1) THE MATERIAL FACTS OF THE TRANSACTION AND THE DIRECTOR'S INTEREST WERE DISCLOSED OR KNOWN TO THE BOARD OR A COMMITTEE OF THE BOARD AND THE BOARD OR COMMITTEE AUTHORIZED, APPROVED, OR RATIFIED THE TRANSACTION; OR 2) THE MATERIAL FACTS OF THE TRANSACTION AND DIRECTOR'S INTEREST WERE DISCLOSED OR KNOWN TO THE MEMBERS AND THEY AUTHORIZED, APPROVED OR RATIFIED THE TRANSACTION. A CONFLICT OF INTEREST TRANSACTION IS AUTHORIZED, APPROVED, OR RATIFIED IF IT RECEIVES THE AFFIRMITIVE VOTE OF A MAJORITY OF THE DIRECTORS ON THE BOARD OR ON THE COMMITTEE WHO HAVE NO DIRECT OR INDIRECT INTEREST IN THE TRANSACTION, BUT A TRANSACTION MAY NOT BE AUTHORIZED, APPROVED, OR RATIFIED UNDER THIS POLICY BY A SINGLE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE POSTED ON THE DISTRICT WEBSITE AND AVAILABLE TO THE PUBLIC AT ANY TIME.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHRYN SCHUBERT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DISTRICT GOVERNOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04029818476
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROTARY INTERNATIONAL DISTRICT 5650 INC
ReturnHeader/Filer/BusinessNameControlTxt0ROTA
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ReturnHeader/Filer/USAddress/CityNm0BOYSTOWN

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