National Exchange Club
- Assets
- $34.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hermitage, TN
- Founding
- 09/1950
- Data as of
- 06/2022
- EIN
- 23-7446885
Organization Overview
National Exchange Club is located in Hermitage, TN. 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 06/2022, National Exchange Club generated $62.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.6% each year . All expenses for the organization totaled $66.6k during the year ending 06/2022. While expenses have increased by 20.1% per year over the past 7 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 |
|---|---|---|---|
Phil Hereford Treasurer | 0 | $0 | |
Wayne Tucker President | 0 | $0 | |
Heather Schreader Past Preside | 0 | $0 | |
Debbie Brown Secretary | 0 | $0 | |
Terry Scholes President El | 0 | $0 | |
Sharon Howard Interim Trea | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,887 |
| Total Program Service Revenue | $44,543 |
| Membership dues | $0 |
| Investment income | $55 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,485 |
| 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 | $66,574 |
| Total expenses | $66,574 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,106 |
| Other assets | $0 |
| Total assets | $34,106 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,106 |