National Exchange Club
- Assets
- $118.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Isle of Palms, SC
- Founding
- 09/1950
- Data as of
- 06/2024
- EIN
- 57-6021134
Organization Overview
National Exchange Club is located in Isle of Palms, 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 06/2024, National Exchange Club generated $157.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $188.1k during the year ending 06/2024. 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
TRANSFER TO THE ISLE OF PALMS COMMUNITY CORP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Drew Ross President | 10 | $0 | |
Alice Bova Vice President | 10 | $0 | |
Carol Truslow Secretary | 10 | $0 | |
Taylor Gee Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,018 |
| Total Program Service Revenue | $0 |
| Membership dues | $63,629 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $79,897 |
| Total Revenue | $157,544 |
| 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 | $652 |
| Occupancy, rent, utilities, and maintenance | $85,083 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $59,529 |
| Total expenses | $188,115 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $118,214 |
| Other assets | $0 |
| Total assets | $118,214 |
| Total liabilities | $0 |
| Net assets or fund balances | $118,214 |