National Exchange Club
- Assets
- $55.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Monica, CA
- Founding
- 09/1950
- Data as of
- 06/2023
- EIN
- 95-1128716
Organization Overview
National Exchange Club is located in Santa Monica, CA. 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 06/2023, National Exchange Club generated $27.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $52.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 8 years. 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 |
|---|---|---|---|
Emily Myhre Div 6 Director | 2 | $0 | |
Mc Buzz Chambers Div. 2 Director | 2 | $0 | |
Ken Dufour Div 3 Director | 2 | $0 | |
Kenneth A Owens II Co-Treasurer | 0 | $0 | |
John Blythe Div 7 & 8 Dir | 4 | $0 | |
Dave Black Immed Past Pres | 4 | $300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,461 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,102 |
| Total Revenue | $27,570 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,700 |
| Professional fees and other payments to independent contractors | $1,225 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $114 |
| Other expenses | $45,300 |
| Total expenses | $52,339 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,719 |
| Other assets | $0 |
| Total assets | $55,719 |
| Total liabilities | $0 |
| Net assets or fund balances | $55,719 |