National Exchange Club is located in Butte, MT. 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 $36.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $38.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
CLUB EXPENSES FOR PROMOTING CHILD ABUSE PREVENTION, YOUTH PROGRAMS, AND AMERICANISM AS WELL AS AWARENESS AND SERVICE TO THE COMMUNITY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Corr-Mahugh Secretary | 3 | $0 | |
Joann Bracco Vice President | 5 | $0 | |
Jim Stilwell Director | 2 | $0 | |
Angie Hasquet Director | 2 | $0 | |
John Chioutsis Director | 2 | $0 | |
Pat Cooney Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,648 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,408 |
| Total Revenue | $36,059 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,600 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $596 |
| Other expenses | $34,358 |
| Total expenses | $38,554 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,525 |
| Other assets | $0 |
| Total assets | $29,525 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,525 |