National Exchange Club
- Assets
- $40.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kenosha, WI
- Founding
- 09/1950
- Data as of
- 06/2023
- EIN
- 37-6048981
Organization Overview
National Exchange Club is located in Kenosha, WI. 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 06/2023, National Exchange Club generated $14.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $12.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
ORGANIZATION OPERATES THE DISTRICT-LEVEL OF THE NATIONAL EXCHANGE CLUB. PURPOSE IS EDUCATION OF LOCAL CLUB LEADERS PROMOTION OF EXCHANGE & OVERSEEING DISTRICT FUNCTIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Froese Director | 2 | $0 | |
Gary Praznik Director | 2 | $0 | |
Janet Jacobs Director | 2 | $0 | |
Max Jaeger Director | 2 | $0 | |
Emy Trotz Director | 2 | $0 | |
George Bode President | 5 | $900 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,688 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,671 |
| Total Revenue | $14,359 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,350 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,178 |
| Total expenses | $12,528 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,110 |
| Other assets | $0 |
| Total assets | $40,110 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,110 |