National Exchange Club
- Assets
- $146.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waterloo, IA
- Founding
- 09/1950
- Data as of
- 06/2022
- EIN
- 42-6121481
Organization Overview
National Exchange Club is located in Waterloo, IA. 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 $165.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $44.8k during the year ending 06/2022. 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 |
|---|---|---|---|
Pam Wright Board President | 4 | $0 | |
Sandi Sommerfelt President Elect | 2 | $0 | |
Matt Trueg Vice President | 1 | $0 | |
Teri Miller Secretary | 2 | $0 | |
John Speas Treasurer | 2 | $0 | |
Mike Knapp Past President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $19,751 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $145,233 |
| Other Revenue | $0 |
| Total Revenue | $164,984 |
| 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 | $38,791 |
| Total expenses | $44,791 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $145,989 |
| Other assets | $0 |
| Total assets | $145,989 |
| Total liabilities | $0 |
| Net assets or fund balances | $145,989 |