National Exchange Club is located in Daniel Island, SC. 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 $176.0k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $167.2k during the year ending 06/2023. While expenses have increased by 3.2% per year over the past 2 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
2023
Describe the Organization's Program Activity:
Part 3
AMERICANISM $11,535. YOUTH SCHOLARSHIP $2,500. PREVENTION OF CHILD ABUSE $28,582. PROJECT ZERO (VETERANS HOMELESSNESS) $88,617. DONATION TO SOUTH CAROLINA DISTRICT EXCHANGE CLUB $1,000.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matthew Butler President | 10 | $0 | |
Mark Andrews President-Elect | 10 | $0 | |
Larry Berger Immediate Past President | 5 | $0 | |
Cindy Zumstein Secretary | 5 | $0 | |
Malcolm Dalrymple Treasurer | 10 | $0 | |
Leo Mclaughlin Plank-Holder Member | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $159,592 |
Total Program Service Revenue | $0 |
Membership dues | $16,175 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $200 |
Total Revenue | $175,967 |
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 | $1,381 |
Occupancy, rent, utilities, and maintenance | $780 |
Printing, publications, postage, and shipping | $2,953 |
Other expenses | $29,869 |
Total expenses | $167,217 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $34,814 |
Other assets | $0 |
Total assets | $34,814 |
Total liabilities | $0 |
Net assets or fund balances | $34,814 |