Quincy Exchange Club Foundation is located in Quincy, IL. The organization was established in 2009. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quincy Exchange Club Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Quincy Exchange Club Foundation generated $28.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $111.0k during the year ending 06/2023. 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 Mission:
Part 3 - Line 1
TO PROVIDE FINANCIAL RESOURCES FOR THE QUINCY EXCHANGE CLUB'S PROGRAMS OF SERVICE
Describe the Organization's Program Activity:
Part 3
PROVIDED FUNDING FOR THE EXCHANGE CLUB OF QUINCY'S PROGRAMS OF SERVICE IN YOUTH ACTIVITIES, COMMUNITY SERVICES, AMERICANISM AND EXCHANGE'S NATIONAL PROJECT, THE PREVENTION OF CHILD ABUSE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erik Dolieslager Chairman | 5 | $0 | |
Doug Greenwell Vice Chairman | 5 | $0 | |
Art Awerkamp Trustee | 5 | $0 | |
Dennis Koch Treasurer | 5 | $0 | |
Bill Stalder Secretary | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $450 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $953 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26,750 |
| Other Revenue | $0 |
| Total Revenue | $28,153 |
| 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 | $2,014 |
| Other expenses | $459 |
| Total expenses | $111,043 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Over the last fiscal year, Quincy Exchange Club Foundation has awarded $5,915 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
QUINCY NOTRE DAME HS PURPOSE: Amount granted to the activity funds of the school for assisting in fund raising activities | $5,915 |