The Central Exchange Inc

Organization Overview

The Central Exchange Inc, operating under the name Central Exchange, is located in Kansas City, MO. The organization was established in 2013. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Central Exchange employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Exchange is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2023, Central Exchange generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO ASSIST IN THE GROWTH AND DEVELOPMENT OF WOMEN BY PARTICIPATING IN PRESENTING AND PROMOTING

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION SERVES THEIR MEMBERSHIP AND THEIR GUESTS WITH A VARIETY OF HIGH QUALITY THOUGHT PROVOKING LEADERSHIP AND PROFESSIONAL DEVELOPMENT PROGRAMS. ACTIVE MEMBERSHIP WAS 427 AS OF DECEMBER 31. 2023. THE ORGANIZATION HELD ITS 9TH ANNUAL STEMMY AWARDS CEREMONY WITH AN ATTENDANCE OF OVER 400 MEMBERS AND GUESTS. THE STEMMY AWARDS HONOR WOMEN IN STEMM FOR THEIR RESPECTIVE CONTRIBUTIONS IN THEIR FIELDS. THE 2023 MIDWEST LEADERSHIP SUMMIT HAD AN ATTENDANCE OF 976 MEMBERS AND GUEST AND PROVIDES EXCEPTIONAL LEADERSHIP AND DEVELOPMENT WTIH BOTH NATIONAL AND LOCAL SPEAKERS


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Board, Officers & Key Employees

Name (title)Compensation
Steve Wright
CFO
$25,963
Robinstubenhofer
Director
$0
Anna Randazzo
Chair
$0
Lori Samazin
Finance Chair
$0
Jamie Allen
Director
$0
Rita Ahrens
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Leader Fuel Now Llc
Facilitator
$222,156
Highland Birch Group
Facilitator
$222,156
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$134,172
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$134,172
Total Program Service Revenue$1,154,658
Investment income $275
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,295,237

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