National Exchange Club is located in Hollister, 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 06/2022, National Exchange Club generated $20.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $17.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.6%) 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
PROVIDED SCHOLARSHIPS AND GRANTS TO LOCAL YOUTH AND COMMUNITY GROUPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brent Redmond Treasurer | 4 | $0 | |
Jim Key Director | 2 | $0 | |
Gary Nicholaus Director | 2 | $0 | |
Tom Write President-Elect | 2 | $0 | |
Erica Key Director | 2 | $0 | |
Lindsay Swanton President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $20,433 |
Other Revenue | $0 |
Total Revenue | $20,433 |
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 | $600 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $3,443 |
Total expenses | $17,753 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $3,320 |
Other assets | $0 |
Total assets | $3,920 |
Total liabilities | $0 |
Net assets or fund balances | $3,920 |
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