National Exchange Club
- Assets
- $30.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, CT
- Founding
- 10/1975
- Data as of
- 06/2022
- EIN
- 06-6071059
Organization Overview
National Exchange Club is located in Madison, CT. The organization was established in 1975. 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 $49.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $59.1k 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 |
|---|---|---|---|
Carol-Ann Totte Secretary | 4 | $0 | |
Tony Raccio Past President | 2 | $0 | |
Thomas Tung Treasurer | 4 | $0 | |
Christine Beirne President | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,785 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,719 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,926 |
| Other Revenue | $0 |
| Total Revenue | $49,430 |
| 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 | $21,392 |
| Total expenses | $59,061 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,944 |
| Other assets | $0 |
| Total assets | $30,944 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,944 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Exchange Club has recieved totaling $9,025.
| Awarding Organization | Amount |
|---|---|
National Exchange Club Foundation Inc Toledo, OH PURPOSE: PASS-THROUGH FUNDS TO SUPPORT PROGRAMS OF THE SUBRECIPIENT | $9,025 |
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