National Exchange Club is located in Grayslake, IL. 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 06/2024, National Exchange Club generated $154.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 49.6% each year . All expenses for the organization totaled $130.3k during the year ending 06/2024. While expenses have increased by 59.5% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PREVENTION OF CHILD ABUSE - PROVIDE FUNDING FOR THE DISTRICT SPONSORED CHILD ABUSE CENTER; PROVIDE FUNDING TO OTHER LOCAL CHILD ABUSE PREVENTION CENTERS IN LAKE COUNTY ILLINOIS; TO PROVIDE EDUCATIONAL PROGRAMS AND MATERIALS TO LOCAL SCHOOLS AND NON-PROFIT ORGANIZATIONS. YOUTH PROGRAMS - HONOR ACHIEVEMENTS OF LOCAL STUDENTS, AND PROVIDE SCHOLARSHIPS TO STUDENTS; PATRIOTISM - PROMOTE PATRIOTISM IN SCHOOL ASSISTED PROGRAMS AND PASSING OUT FLAGS AT PARADES; AND OTHER COMMUNITY SERVICE - PROVIDING FREE MEALS, PRIMARILY BREAKFAST AND LUCNCH TO SENIOR CITIZENS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pamela Oster Treasurer | 2 | $0 | |
Ann Subry Secretary | 2 | $0 | |
David Raye Vice Preside | 2 | $0 | |
Gail Weil President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $15,420 |
Total Program Service Revenue | $139,517 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $154,937 |
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 | $130,256 |
Total expenses | $130,256 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $95,184 |
Other assets | $0 |
Total assets | $95,184 |
Total liabilities | $0 |
Net assets or fund balances | $95,184 |