National Exchange Club
- Assets
- $119.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 08/1966
- EIN
- 56-6085431
Organization Overview
National Exchange Club is located in Raleigh, NC. The organization was established in 1966. 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 undefined, National Exchange Club generated $30.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $21.2k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 5 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
Describe the Organization's Program Activity:
Part 3
SUPPORTING ORGANIZATIONS THAT STRENGTHEN THE COMMUNITY AND WORK TOWARDS THE PREVENTION OF CHILD ABUSE. DONATIONS IN THE 2020 FISCAL YEAR WENT TO ORGANIZATIONS SUCH AS SAFECHILD, HEALING TRANSITIONS, AND THE EXCHANGE CLUB OF RALEIGH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Lund President | 8 | $0 | |
Jose Fuentes Treasurer | 8 | $0 | |
Steve Dail Secretary | 6 | $0 | |
John Clark President | 8 | $0 | |
Reece Hester Director | 8 | $0 | |
Tony Gordon Director | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,353 |
| Investment income | $1,053 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,760 |
| Other Revenue | $0 |
| Total Revenue | $30,166 |
| Statement of Expenses | |
|---|---|
| Total expenses | $21,225 |
| Balance Sheet | |
|---|---|
| Total assets | $119,607 |
| Total liabilities | $0 |
| Net assets or fund balances | $119,607 |