National Exchange Club
- Assets
- $167.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, CT
- Founding
- 10/1975
- Data as of
- 06/2023
- EIN
- 06-6057050
Organization Overview
National Exchange Club is located in Portland, CT. The organization was established in 1975. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. National Exchange Club is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2023, National Exchange Club generated $64.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $58.6k during the year ending 06/2023. While expenses have increased by 10.6% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Leonard Secretary | 4 | $0 | |
Joann Leonard Membership | 1 | $0 | |
Jennifer Strong Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $57,335 |
| Membership dues | $7,514 |
| Investment income | $42 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,891 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,190 |
| Occupancy, rent, utilities, and maintenance | $10,901 |
| Printing, publications, postage, and shipping | $974 |
| Other expenses | $42,494 |
| Total expenses | $58,559 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $167,214 |
| Other assets | $0 |
| Total assets | $167,214 |
| Total liabilities | $0 |
| Net assets or fund balances | $167,214 |