National Exchange Club is located in Fayetteville, NC. The organization was established in 1966. 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 06/2022, National Exchange Club generated $62.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $57.7k during the year ending 06/2022. While expenses have increased by 7.9% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
YOUTH SERVICES AND PREVENTION OF CHILD ABUSE; GUARDIAN AD LITUEM SERVICES; SCHOLARSHIPS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Freddie Rivera Pres | 2 | $0 | |
David Ross Pres - Elect | 1 | $0 | |
Steve Smith Secretary | 1 | $0 | |
Joel White Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $24,532 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $37,499 |
Other Revenue | $0 |
Total Revenue | $62,031 |
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 | $25,477 |
Total expenses | $57,677 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $74,769 |
Other assets | $0 |
Total assets | $74,769 |
Total liabilities | $0 |
Net assets or fund balances | $74,769 |
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