Interexchange Inc

Organization Overview

Interexchange Inc is located in New York, NY. The organization was established in 1988. According to its NTEE Classification (Q23) the organization is classified as: International Exchange N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2019, Interexchange Inc employed 154 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Interexchange Inc generated $19.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $16.8m during the year ending 12/2019. While expenses have increased by 5.4% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

INTEREXCHANGE IS DEDICATED TO PROMOTING CULTURAL AWARENESS AND INTERNATIONAL UNDERSTANDING THROUGH A WIDE RANGE OF WORK AND TRAVEL, CAMP, LANGUAGE, VOLUNTEER, PROFESSIONAL TRAINING, INTERNSHIP, AND AU PAIR PROGRAMS WITHIN THE UNITED STATES AND AROUND THE WORLD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AU PAIR USA - THE ORGANIZATION PLACED NEW PARTICIPANTS BETWEEN THE AGES OF 18-26 WITH AMERICAN HOST FAMILIES PROVIDING LIVE-IN CHILDCARE FOR THEIR CHILDREN. THE ORGANIZATION ALSO OVERSAW THE EXTENSION OF CURRENT AU PAIRS WITH HOST FAMILIES FOR AN ADDITIONAL 6, 9 OR 12 MONTHS AFTER SUCCESSFUL COMPLETION OF THEIR FIRST YEAR IN THE USA. IN ADDITION TO ADMINISTRATIVE SERVICES RENDERED, THE ORGANIZATION ALSO COMPLETES AN EXTENSIVE SELECTION AND EVALUATION PROCESS INCLUDING INTENSIVE PERSONAL INTERVIEWS WITH BOTH THE AU PAIRS AND HOST FAMILIES, PRE-DEPARTURE INFORMATION SESSIONS AND AN INTENSIVE FOUR-DAY ARRIVAL ORIENTATION INCLUDING CHILDCARE AND SAFETY TRAINING PROGRAMS, PLUS SUPERVISION AND A NATIONAL SUPPORT NETWORK OF LOCAL COORDINATORS. THIS PROGRAM OFFERS A UNIQUE OPPORTUNITY FOR CROSS-CULTURAL EXCHANGE. THE AU PAIRS ARE ABLE TO IMPROVE THEIR ENGLISH LANGUAGE SKILLS AND SEE THE UNITED STATES FROM AN IDEAL VANTAGE POINT, LIVING WITHIN AN AMERICAN FAMILY. HOST PARENTS AND THEIR CHILDREN CAN HAVE LONG-TERM BENEFITS THROUGH EXPOSURE TO ANOTHER CULTURE AND LANGUAGE. INTEREXCHANGE MAINTAINS STRATEGIC COOPERATION WITH RECRUITING AGENCIES IN COUNTRIES AROUND THE WORLD TO ENSURE A HIGH QUALITY AND DIVERSITY OF AU PAIR APPLICANTS.


WORK & TRAVEL USA - THE ORGANIZATION PROVIDED AND FACILITATES PLACEMENTS FOR INTERNATIONAL UNIVERSITY STUDENTS IN ENTRY-LEVEL SEASONAL AND TEMPORARY JOBS IN HOTELS, INNS, AMUSEMENT PARKS AND RESTAURANTS IN RESORT AREAS THROUGHOUT THE UNITED STATES. THE PLACEMENTS ALSO INCLUDED ACCOMMODATIONS FOR THE PARTICIPANTS. THE PROGRAM SERVICES INCLUDE A SELECTION PROCESS INCLUDING PERSONAL INTERVIEWS WITH ALL STUDENTS, PRE-DEPARTURE AS WELL AS ARRIVAL ORIENTATIONS, AND PROGRAM SUPPORT AND MONITORING. THROUGH THESE AND SUBSEQUENT OPTIONAL TRAVEL EXPERIENCES, STUDENTS GET A CLOSER LOOK AT THE LIFE IN AMERICA AND IMPROVE THEIR ENGLISH LANGUAGE SKILLS. THEIR EXPERIENCES CAN LAST A LIFETIME AND HELP SHAPE THEIR FUTURE GOALS AND WORLD OUTLOOK.


CAMP USA - THIS CAMP COUNSELOR PROGRAM PLACED INTERNATIONAL CAMP COUNSELORS AND SUPPORT STAFF WITH A GENUINE INTEREST IN CHILDREN IN SUMMER CAMPS THROUGHOUT THE UNITED STATES TO SUPERVISE AND SUPPORT GROUPS OF AMERICAN YOUTH FOR AN 8-10 WEEK PERIOD. COUNSELORS ALSO EXPERIENCE THE LOCAL CULTURE AND THE BEAUTY OF AMERICA'S GREAT OUTDOORS. THE PROGRAM SERVICES ALSO INCLUDE AN INTENSIVE SELECTION PROCESS INCLUDING PERSONAL INTERVIEWS WITH PARTICIPANTS, PRE-DEPARTURE AS WELL AS ARRIVAL ORIENTATIONS AND PROGRAM SUPPPORT AND SUPERVISION.


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Board, Officers & Key Employees

Name (title)Compensation
Christine La Monica-Lunn
President/ceo
$241,239
Lee Andrews
Cfo/sec/treasurer
$210,672
Nicole Santomasso
Coo/vice President
$164,286
Casey Slamin
Senior VP Programs
$160,506
Michael Mchugh
VP Au Pair Program
$156,823
Aaron Todd
Software Engineer
$147,656

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Empire Capitol Strategies
Government Relations
$143,000
Arbus Capital Management Llc
Investment Advisory Services
$118,123
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$17,436,541
Investment income $550,800
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,512,239
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $19,516,010

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Interexchange Inc has recieved totaling $1,055.

Awarding OrganizationAmount
Trace Foundation

Annapolis, MD

PURPOSE: SCHOLARSHIP SPONSOR

$1,055
View Grant Recipient Profile

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