National Exchange Club
- Assets
- $8.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Poquoson, VA
- Founding
- 10/1980
- Data as of
- 06/2023
- EIN
- 31-1058832
Organization Overview
National Exchange Club is located in Poquoson, VA. The organization was established in 1980. 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 $58.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $62.4k during the year ending 06/2023. While expenses have increased by 8.4% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jesse Wood President And Director | 10 | $0 | |
Tom Bales President Elect | 4 | $0 | |
Carol Wood Secretary And Director | 10 | $0 | |
Gerald Toren Treasurer Ans Director | 4 | $0 | |
Herbert Green Director | 2 | $0 | |
Edward Hartmann Director | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,465 |
| Total Program Service Revenue | $0 |
| Membership dues | $19,091 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $33,423 |
| Other Revenue | $714 |
| Total Revenue | $58,693 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $21,887 |
| 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 | $40,484 |
| Total expenses | $62,371 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,452 |
| Other assets | $0 |
| Total assets | $8,452 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,452 |