National Exchange Club
- Assets
- $125.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mitchell, SD
- Founding
- 09/1950
- Data as of
- 06/2023
- EIN
- 23-7019555
Organization Overview
National Exchange Club is located in Mitchell, SD. The organization was established in 1950. 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 $54.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $55.3k during the year ending 06/2023. While expenses have increased by 5.3% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
DONATIONS TO VARIOUS COMMUNITY ORGANIZATIONS, ACTIVITIES AND INDIVIDUALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Bruscher President | 6 | $0 | |
Bonnie Scott Secretary | 2 | $0 | |
Aaron Moller Treasurer | 2 | $0 | |
Joleen Buchholz Director | 2 | $0 | |
Dennis Nath Director | 2 | $0 | |
Dan Rew Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,518 |
| Total Program Service Revenue | $0 |
| Membership dues | $8,023 |
| Investment income | $1,692 |
| Gain or Loss | $100 |
| Net Income from Gaming & Fundraising | $24,974 |
| Other Revenue | $200 |
| Total Revenue | $54,507 |
| 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 | $266 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,371 |
| Total expenses | $55,308 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $124,428 |
| Other assets | $0 |
| Total assets | $125,076 |
| Total liabilities | $46 |
| Net assets or fund balances | $125,030 |