2024-10-22T09:55:42-05:00 2024-06-30 471096596 RAFFOL AND COMPANY INC 105 CHESTNUT ST SUITE 11 NEEDHAM MA 02492 990 2023-07-01 046192867 THE EXCHANGE CLUB OF NEEDHAM INC EXCH 7814443924 PO BOX 920475 NEEDHAM MA 02492 JOHN TERRY TREASURER 7814443924 2024-10-22 1 1 KENNETH RAFFOL P00045686 7814444926 2024-09-26 2023 2024-10-15 13:58:12Z JOHN TERRY PO BOX 920475 NEEDHAM MA 02492 301993 0 X NEEDHAMEXCHANGECLUB.ORG X 1947 MA THE MISSION OF THE CLUB IS TO PROVIDE SERVICES TO THE ENTIRE NEEDHAM COMMUNITY, HONOR THE COUNTRY, AND BUILD LEADERHIP FOR THE TOWN OF NEEDHAM. 10 10 0 0 0 0 56276 59783 152383 169594 1780 6033 33565 30626 244004 266036 24975 25890 0 0 0 0 0 0 0 146406 189226 171381 215116 72623 50920 194604 245524 0 0 194604 245524 X THE MISSION OF THE NEEDHAM EXCHANGE CLUB IS TO MANAGE PROJECTS AND EVENTS THAT REACH OUT TO EVERY MEMBER OF THE NEEDHAM COMMUNITY. THESE INCLUDE 4TH OF JULY CELBRATIONS, YOUTH SCHOLARSHIPS, HOLIDAY CHILDRENS PROJECTS, A SENIOR TRIP AND VETERANS ACTIVITIES. 0 0 115176 151051 PROVIDING THE 4TH OF JULY PARADE AND COMMUNITY ACTIVITIES FOR THE 4TH OF JULY 16460 14500 COMMUNITY GRANTS TO WORTHY MUNICIPAL AND CHARITABLE ORGANIZATIONS 11860 11390 11390 YOUTH PROGRAMS - SCHOLARSHIPS AND AWARDS FOR STUDENTS IN THE NEEDHAM COMMUNITY THAT HAVE DEMONSTRATED ACHEVEMENTS IN SCHOLARSHIP, DEALING WITH ADVERSITY OR COMMUNITY SERVICE. 20642 5928 COMMUNITY CONTRIBUTIONS BENEFITTING MANY PEOPLE IN THE TOWN OF NEEDHAM. AMOUNTS SPENT OR GIVEN INCLUDE FUNDS FOR REPAIRING TOWN PROPERTY, PROVIDING SENIORS WITH A MYSTERY TRIP, CONTRIBUTIONS TO THE PUBLIC SAFETY DEPARTMENTS FOR PUBLIC SAFETY, CONTRIBUTIONS TO LOCAL CHARITABLE ORGANIZATIONS, CHILD ABUSE PREVENTION PROGRAMS, SUPPORTING PATRIOTISM, AND MANY MORE 20642 5928 164138 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 1 1 0 0 0 1 0 0 0 0 0 0 X JOHN TERRY 7814444926 17 LINDBERGH AVENUE NEEDHAM MA 02494 X CYNTHIA CHASTON DIRECTOR 2.00 X 0 0 0 PAUL ROBBEY III DIRECTOR 2.00 X 0 0 0 GERALD ROVNER DIRECTOR 2.00 X 0 0 0 PETER O'NEIL DIRECTOR 2.00 X 0 0 0 CAROLYN REULBACH DIRECTOR 2.00 X 0 0 0 MARK FACHETTI DIRECTOR 2.00 X 0 0 0 RICK LUNETTA PRESIDENT 10.00 X 0 0 0 JOHN TERRY TREASURER 10.00 X 0 0 0 CLAIRE ECSEDY SECRETARY 2.00 X 0 0 0 MATTHEW BORRELLI PAST PRESIDENT 2.00 X 0 0 0 0 0 0 0 0 0 0 0 55957 3826 59783 4TH OF JULY PROGRAM 713990 151051 151051 YOUTH SERVICES 812900 11390 11390 OTHER PROGRAM REVENUE 812900 5928 5928 GUEST AND MEETING FEES 812900 1225 1225 169594 6033 6033 66583 35957 30626 30626 266036 169594 0 36659 14500 14500 11390 11390 4TH OF JULY PARADE COST 115176 115176 CLUB MEETING AND OPERAT 40380 40380 OTHER COMMUNITY SERVICE 22602 22602 DISTRICT AND NATIONAL D 10598 10598 470 470 215116 164138 50978 0 11502 17206 183102 227792 526 194604 245524 0 0 X 0 0 0 0 194604 245524 194604 245524 194604 245524 50920 0 X 0 0 0 1 0 0 GOLF TOURNAMENT 30807 30807 18002 BINGO RAFFLE NIGHT 26710 26710 10000 4824 1 9066 9066 3131 66583 66583 10000 25957 35957 30626 0 CHARLES RIVER ASSOCIATION FOR RETARDED CITIZENS INC DBA CHARLES RIVER CENTE 59 EAST MILITIA HEIGHTS ROAD NEEDHAM MA 02492 042393108 501(C)(3) 12000 0 SUPPORT FOR THE ORGANIZATION PRINCIPALLY FROM THE GOLF TOURNAMENT SCHOLARSHIPS TO YOUTH OF THE MONTH AND HIGH SCHOOL GRADUATE ATTENDING COLLEGE 15 11390 FORM 990, PART VI, SECTION A, LINE 6 THERE ARE APPROXIMATELY 90 MEMBERS OF THE EXCHANGE CLUB OF NEEDHAM FORM 990, PART VI, SECTION A, LINE 7A EACH YEAR A GENERAL MEMBERSHIP ELECTION IS HELD FOR THE FIVE OFFICERS AND THREE DIRECTORS OF THE CLUB. DIRECTORS ARE ELECTED FOR A TWO YEAR TERM WITH THREE DIRECTORS ONE YEAR AND THREE DIRECTORS THE FOLLOWING YEAR TAKING OFFICE. THESE ELEVEN POSITONS MAKE UP THE GOVERNING BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE GENERAL MEMBERSHIP VOTES ON THE ANNUAL BUDGET WHICH AUTHORIZES HOW MUCH CAN BE SPENT BY THE GOVERNING BOARD AND THE COMMITTEE CHAIRS ON INDIVIDUAL EVENTS. IF AN EVENT STRETCHES OVER TWO FISCAL YEARS AND THE REVENUE FOR THE EVENT IN THE INITIAL YEAR WILL NOT EQUAL THE COSTS INCURRED IN THE INITIAL YEAR, THEN THE CLUB MEMBERSHIP MUST SEPERATELY APPROVE THAT PROJECT'S BUDGET. FORM 990, PART VI, SECTION A, LINE 8B COMMITTIES ARE NOT AUTHORIZED TO ACT IN PLACE OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE OFFICERS AND THE BORD OF DIRECTORS FOR THEIR REVIEW AND COMMENT BEFORE FILING FORM 990, PART VI, SECTION C, LINE 19 THE TAX RETURN IS PRESENTED TO THE GENERAL MEMBERSHIP AT A BUSINESS MEETING. NEEDHAM EXCHANGE FOUNDATION INC P O BOX 920475 NEEDHAM MA 02492 862768221 TO BENEFIT OTHER QUALIFIED CHARITABLE AND EDUCATIONAL ORGANIZATIONS MA 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0