National Exchange Club is located in Brandon, MS. 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 12/2023, National Exchange Club generated $84.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $37.9k during the year ending 12/2023. While expenses have increased by 4.5% per year over the past 5 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO SUPPORT NATIONAL AND LOCAL EFFORTS TO REDUCE CHILD ABUSE. PROMOTE AMERICANISM THROUGH PATRIOTIC ACTIVITIES OF THE AMERICAN FLAG AND FREEDOM SHRINES. PROMOTE COMMUNITY YOUTH RECR
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Jordan President | 0 | $0 | |
Mike Mann President Elect | 0 | $0 | |
John Ervin Treasurer | 0 | $0 | |
Barbara Ervin Treasurer | 0 | $0 | |
Nick Alexander Secretary | 0 | $0 | |
Yvonne Shotts Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $435 |
| Total Program Service Revenue | $500 |
| Membership dues | $1,100 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $68,439 |
| Other Revenue | $13,554 |
| Total Revenue | $84,040 |
| 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 | $200 |
| Occupancy, rent, utilities, and maintenance | $11,377 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,320 |
| Total expenses | $37,897 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $192,075 |
| Other assets | $0 |
| Total assets | $244,677 |
| Total liabilities | $0 |
| Net assets or fund balances | $244,677 |