Exchange Events Inc is located in Kent, CT. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Exchange Events Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Exchange Events Inc generated $3.3m in total revenue. All expenses for the organization totaled $6.5m during the year ending 12/2022. While expenses have increased by 214.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EXCHANGE EVENTS INC. PRODUCES EDUCATIONAL EVENTS AND CONFERENCES TO EDUCATE THE NATIONAL AND INTERNATIONAL MENTAL HEALTH, WELLNESS, AND RECOVERY COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARE - TO PROVIDE ACCESSIBLE AND COMPELLING PROFESSIONAL DEVELOPMENT EXPERIENCES IN ORDER TO BETTER SUPPORT AND CARE FOR THOSE WE SERVE.CONNECTION - TO SUPPORT DEEPER, MORE MEANINGFUL PATHWAYS OF CONNECTION, WITH AN UNDERSTANDING THAT THESE PATHWAYS WILL LEAD TO MORE VIBRANT AND PRODUCTIVE THERAPEUTIC RELATIONSHIPS.COLLABORATION - TO PROVIDE A PLATFORM FOR PROFESSIONALS FROM ACROSS THE CRITICAL DISCIPLINES TO ENGAGE IN RESPECTUL, OPEN-MINDED, AND EMPOWERING COLLABORATION.2021 ACTIVITIES FOCUSED ON START UP AND PLANNING FOR THE FIRST GLOBAL EXCHANGE CONFERENCE TO BE HELD IN FLORIDA IN NOVEMBER 2022.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jerome W Schwab III President/chairman | OfficerTrustee | 10 | $0 |
Derek Tranzillo Treasurer | OfficerTrustee | 10 | $0 |
Jason Perillo Secretary | OfficerTrustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Disney Destinations Llc Hotel Bookings And Conference Fees | 12/30/22 | $1,395,431 |
Red Rocket Studios Event Production And Advertising | 12/30/22 | $491,000 |
Walt Disney World Swan & Dolphin Hotel Bookings And Conference Fees | 12/30/22 | $1,128,047 |
360 Dg Llc Event Production And Advertising | 12/30/22 | $289,189 |
Nevada Property 1 Llc Marketing Exchange Conference | 12/30/22 | $289,053 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,475,306 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,475,306 |
Total Program Service Revenue | $1,785,601 |
Investment income | $118 |
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 | $3,261,025 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $947,986 |
Advertising and promotion | $976,982 |
Office expenses | $68,368 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $239,042 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,296,669 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $14,116 |
Total functional expenses | $6,543,163 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $371,836 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $363,827 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $735,663 |
Accounts payable and accrued expenses | $2,102,080 |
Grants payable | $0 |
Deferred revenue | $244,109 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,035,515 |
Total liabilities | $4,381,704 |
Net assets without donor restrictions | -$3,646,041 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $735,663 |