National Exchange Club is located in Olean, NY. The organization was established in 1967. 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 06/2019, National Exchange Club generated $12.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $7.6k during the year ending 06/2019. While expenses have increased by 1.5% 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
2019
Describe the Organization's Program Activity:
Part 3
GRANTS, ALLOCATIONS, SCHOLARSHIPS, AWARDS, MEMORIALS AND MEMBER DINNERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Pancio Director | 1 | $0 | |
Cora Martin President | 2 | $0 | |
Debbie Belli Director | 1 | $0 | |
Jack Lorenz Secy/treasurer | 1 | $0 | |
Linda Rzepka Director | 1 | $0 | |
Amy Domboski Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $230 |
Total Program Service Revenue | $0 |
Membership dues | $5,433 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $6,392 |
Other Revenue | $0 |
Total Revenue | $12,055 |
Statement of Expenses | |
---|---|
Total expenses | $7,612 |
Balance Sheet | |
---|---|
Total assets | $8,849 |
Total liabilities | $0 |
Net assets or fund balances | $8,849 |
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