National Exchange Club is located in Bloomington, IN. 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 06/2018, National Exchange Club generated $21.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (22.9%) each year. All expenses for the organization totaled $22.5k during the year ending 06/2018. As we would expect to see with falling revenues, expenses have declined by (21.7%) per year over the past 3 years. 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
2018
Describe the Organization's Program Activity:
Part 3
WELCOME SIGN - CLUB SPONSORS AND MAINTAINS THE ONLY "WELCOME TO BLOOMINGTON" SIGN WHICH HIGHLIGHTS PARTNERING ORGANIZATIONS IN BLOOMINGTON, INDIANA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brian Brown President | 2 | $0 | |
Kevin Trojan President Elect | 3 | $0 | |
Roy Campbell Secretary | 2 | $0 | |
Don Rader Treasurer | 4 | $0 | |
Dan Hays Immediate Past President | 1 | $0 | |
Janet Burks Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,395 |
Total Program Service Revenue | $0 |
Membership dues | $4,550 |
Investment income | $4 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $14,951 |
Total Revenue | $21,900 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $12,311 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $4,333 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $417 |
Other expenses | $737 |
Total expenses | $22,463 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $4,840 |
Other assets | $0 |
Total assets | $4,840 |
Total liabilities | $0 |
Net assets or fund balances | $4,840 |