National Exchange Club
- Assets
- $28.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, CT
- Founding
- 10/1975
- Data as of
- 06/2024
- EIN
- 06-6071059
Organization Overview
National Exchange Club is located in Madison, 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 06/2024, National Exchange Club generated $52.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $62.6k during the year ending 06/2024. While expenses have increased by 3.5% per year over the past 9 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 |
|---|---|---|---|
Carol Ann Totte Secretary | 4 | $0 | |
Thomas Tung Treasurer | 4 | $0 | |
Jennifer Tung President | 6 | $0 | |
Sean Heenan President Elect | 2 | $0 | |
Dun Heenan Immediate Past President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,254 |
| Total Program Service Revenue | $0 |
| Membership dues | $18,297 |
| Investment income | $328 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,142 |
| Other Revenue | $0 |
| Total Revenue | $52,021 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,634 |
| Total expenses | $62,573 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,179 |
| Other assets | $0 |
| Total assets | $28,179 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,179 |