2024-11-13T15:13:40-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 1785 INDIAN WOOD CIRCLE MAUMEE OH 43537 990 2023-07-01 346571404 NATIONAL EXCHANGE CLUB FOUNDATION NATI 4195353232 3050 CENTRAL AVE TOLEDO OH 43606 TRACEY EDWARDS SECRETARY 4195353232 2024-11-12 1 1 CAITLIN BAINTER P01985124 4197942000 2024-11-12 2023 2024-10-15 13:58:12Z CARLOS PEREZ 3050 CENTRAL AVE TOLEDO OH 43606 864661 0 X WWW.NATIONALEXCHANGECLUB.ORG/FOUNDATION-2 X 1966 OH SEE SCHEDULE O.TO RAISE AND PROVIDE FINANCIAL RESOURCES FOR THE NATIONAL EXCHANGE CLUB AND ITS PROGRAMS OF SERVICE, INCLUDING OUR NATIONAL PROJECT, THE PREVENTION OF CHILD ABUSE. 8 7 0 75 0 0 545346 638733 137565 132104 37097 40400 3998 29491 724006 840728 474686 604668 0 0 40896 41939 0 0 47717 254315 286023 769897 932630 -45891 -91902 1213094 1226519 126464 135810 1086630 1090709 TO RAISE AND PROVIDE FINANCIAL RESOURCES FOR THE NATIONAL EXCHANGE CLUB AND ITS PROGRAMS OF SERVICE, INCLUDING OUR NATIONAL PROJECT, THE PREVENTION OF CHILD ABUSE. 0 0 684961 604668 136799 TO RAISE AND PROVIDE FINANCIAL RESOURCES FOR THE NATIONAL EXCHANGE CLUB AND ITS PROGRAMS OF SERVICE, INCLUDING OUR NATIONAL PROJECT, THE PREVENTION OF CHILD ABUSE. 684961 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 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 0 1 2 2 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 8 7 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA GA PA CT AL UT MA MS NH NY NC SC VA IL NJ TN X X TRACEY EDWARDS 4195353232 3050 CENTRAL AVENUE TOLEDO OH 43606 CARLOS PEREZ PRESIDENT 5.00 0.00 X X 0 0 0 RUSS FINNEY IMMEDIATE PAST NATIONAL PRESIDENT 2.00 0.00 X X 0 0 0 TRACEY EDWARDS SECRETARY 10.00 40.00 X X 0 120774 7409 KATHY MIZE VICE PRESIDENT 2.00 0.00 X X 0 0 0 KEN SULLIVAN TREASURER 2.00 2.00 X X 0 0 0 DOUG EARLE TRUSTEE 2.00 0.00 X 0 0 0 DENISE STRUB TRUSTEE 2.00 0.00 X 0 0 0 DAVID JOHNSON TRUSTEE 2.00 10.00 X 0 0 0 0 120774 7409 0 0 0 0 0 638733 638733 DUES SUPPLEMENT 900099 132104 132104 132104 35294 35294 5106 0 5106 5106 5106 44803 20007 24796 24796 8621 3926 4695 4695 840728 136799 0 65196 559668 559668 45000 45000 31504 18902 12602 8205 4923 3282 2230 1338 892 146122 146122 13200 13200 1239 1239 1189 1189 19020 19020 2350 2350 11462 11462 49041 36489 12552 1337 1337 AWARDS & RECOGNITION 22154 14954 7200 YOUTH EXPENSE 7496 7496 STAFF DEVELOPMENT 6939 217 6722 PREVENTION SERVICES 2117 2117 2357 240 2117 932630 684961 199952 47717 63780 41412 116119 94180 5864 0 8373 11474 45712 45712 0 0 738724 502382 218829 513490 61405 63581 1213094 1226519 71225 34330 2700 0 49181 47950 3358 53530 126464 135810 X 313570 326649 773060 764060 1086630 1090709 1213094 1226519 -91902 95981 0 X X 0 1 X 1 0 X 420904 446034 480245 545346 640933 2533462 420904 446034 480245 545346 640933 2533462 2533462 24154 23911 28350 30197 35294 141906 51297 25124 29968 37930 42712 187031 2862399 712105 0.88510 0.87930 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - FUNDRAISING REVENUE - 2019 AMOUNT: $ 44,310. 2020 AMOUNT: $ 20,300. 2021 AMOUNT: $ 26,941. 2022 AMOUNT: $ 28,115. 2023 AMOUNT: $ 38,017. GAMING REVENUE - 2019 AMOUNT: $ 6,987. 2020 AMOUNT: $ 4,824. 2021 AMOUNT: $ 3,027. 2022 AMOUNT: $ 9,815. 2023 AMOUNT: $ 4,695. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 761850 1000 93724 93724 762850 759850 2000 98702 98702 761850 758850 1000 -108353 -108353 759850 754850 4000 191680 191680 758850 749850 5000 24004 24004 754850 1.00000 0 0 45712 45712 0 0 FIDELITY CAPITAL & INCOME 72148 F FIDELITY FLOATING RATE HIGH INCOME 67304 F FIDELITY STRATEGIC INCOME FUND 72094 F FIDELITY US BOND INDEX FUND 66128 F INVESCO QQQ TR UNIT SER1 93426 F ISHARES TR EAFE GRWTH ETF 65472 F SELECT SECTOR SPDR TRUST TECHNOLOGY 76918 F 513490 CASH SURRENDER VALUE - DONATED LIFE INS 63581 63581 RELATED PARTY PAYABLES 53530 53530 X 952130 95981 95981 856149 -15421 -15421 840728 948051 0 948051 -15421 -15421 932630 PART V, LINE 4: EARNINGS GENERATED FROM THE ORGANIZATION'S ENDOWMENTS ARE FOR THE PREVENTION OF CHILD ABUSE, FUNDING OF THE YOUTH AND ACE SCHOLARSHIP AWARDS, AS WELL AS FOR GENERAL OPERATING EXPENSES. PART X, LINE 2: MANAGEMENT OF NECF IS REQUIRED TO DETERMINE WHETHER A TAX POSITION OF NECF IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT OF NECF IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. HOWEVER, MANAGEMENT'S CONCLUSIONS MAY BE SUBJECT TO REVIEW AND ADJUSTMENT AT A LATER DATE BASED ON FACTORS INCLUDING, BUT NOT LIMITED TO, NEW TAX LAWS, REGULATIONS, AND ADMINISTRATIVE INTERPRETATIONS (INCLUDING RELEVANT COURT DECISIONS). NECF'S FEDERAL TAX RETURNS FOR THE PRIOR THREE FISCAL YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 4B - OTHER ADJUSTMENTS: EVENT EXPENSES -15,421. PART XII, LINE 4B - OTHER ADJUSTMENTS: EVENT EXPENSES -15,421. LIVE AUCTION 36000 36000 3858 SILENT AUCTION 6603 6603 728 1 2200 2200 15421 44803 44803 20007 20007 24796 1 EXCHANGE CLUB DANIEL ISLAND SC 200 SIMMONS FORGE ST DANIEL ISLAND SC 29492 471035800 501(C)(4) 36406 0 PASS-THROUGH FUNDS TO SUPPORT PROGRAMS OF THE SUBRECIPIENT. EXCHANGE CLUB OF DONELSON-HERMITAGE TN 4545 RACCOON TRAIL HERMITAGE TN 37076 237446885 501(C)(4) 5811 0 PASS-THROUGH FUNDS TO SUPPORT PROGRAMS OF THE SUBRECIPIENT EXCHANGE CLUB OF EMERALD COAST FL 153 RICHPIEN RD FORT WALTON BEACH FL 32547 262998231 501(C)(4) 20536 0 PASS-THROUGH FUNDS TO SUPPORT PROGRAMS OF THE SUBRECIPIENT EXCHANGE CLUB OF LIMA OH 522 E 2ND ST DAYTON OH 45402 237009599 501(C)(4) 12800 0 PASS-THROUGH FUNDS TO SUPPORT PROGRAMS OF THE SUBRECIPIENT EXCHANGE CLUB OF MADISON CT 30 CHURCH LANE MADISON CT 06443 066071059 501(C)(4) 14665 0 PASS-THROUGH FUNDS TO SUPPORT PROGRAMS OF THE SUBRECIPIENT EXCHANGE CLUB OF MIDLAND MI PO BOX 2309 MIDLAND MI 48641 237005764 501(C)(4) 14000 0 PASS-THROUGH FUNDS TO SUPPORT PROGRAMS OF THE SUBRECIPIENT. EXCHANGE CLUB OF NICEVILLE FL 153 RICHPIEN RD FORT WALTON BEACH FL 32547 592736560 501(C)(4) 7502 0 PASS-THROUGH FUNDS TO SUPPORT PROGRAMS OF THE SUBRECIPIENT EXCHANGE CLUB OF NORMAN OK PO BOX 5353 NORMAN OK 73070 202316800 501(C)(4) 20000 0 PASS-THROUGH FUNDS TO SUPPORT PROGRAMS OF THE SUBRECIPIENT EXCHANGE CLUB OF SAN CLEMENTE CA PO BOX 293 SAN CLEMENTE CA 92674 956141319 501(C)(4) 14000 0 PASS-THROUGH FUNDS TO SUPPORT PROGRAMS OF THE SUBRECIPIENT THE NATIONAL EXCHANGE CLUB 3050 W CENTRAL AVE TOLEDO OH 43606 344312210 501(C)(4) 301616 0 SUPPORT FOR THE CHILD ABUSE PREVENTION AND OTHER PROGRAMS OF THE NATIONAL EXCHANGE CLUB. EXCHANGE CLUB OF EASTERN HILL CINCINNATI OH 10021 WINDZAG LANE CINCINNATI OH 45242 311170411 501(C) (4) 7300 0 PASS-THROUGH FUNDS TO SUPPORT PROGRAMS OF THE SUBRECIPIENT FIREFLY CHILDREN & FAMILY ALLIANCE 3047 BROADWAY ST ANDERSON IN 46012 351555106 501(C) (3) 60606 0 PASS-THROUGH FUNDS TO SUPPORT PROGRAMS OF THE SUBRECIPIENT NORTH CAROLINA DISTRICT 1406 GRANGEFORD CT DUNHAM NC 27703 566060823 501(C) (4) 7516 0 PASS-THROUGH FUNDS TO SUPPORT PROGRAMS OF THE SUBRECIPIENT UNION COLONY EXCHANGE CLUB OF GREELEY CO PO BOX 336961 GREELEY CO 80633 453763560 501(C) (4) 6543 0 PASS-THROUGH FUNDS TO SUPPORT PROGRAMS OF THE SUBRECIPIENT 1 16 SEE PART IV FOR SCHOLARSHIP DETAILS. 3 45000 PART I, LINE 2: THE NATIONAL EXCHANGE CLUB FOUNDATION AND THE NATIONAL EXCHANGE CLUB HAVE OPEN COMMUNICATIONS TO ENSURE THAT THE SUPPORTING DUES RECEIVED BY MEMBERS OF EXCHANGE CLUBS AND GRANTED TO THE NATIONAL EXCHANGE CLUB ARE USED FOR THE NATIONAL EXCHANGE CLUB'S PROGRAMS OF SERVICE. THE SCHOLARSHIPS TO INDIVIDUALS ARE PAID DIRECTLY TO THE STUDENT'S UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 3 THE NATIONAL EXCHANGE CLUB, A RELATED ORGANIZATION, PROVIDES MANAGEMENT SERVICES TO THE FILING ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A A) ONE TRUSTEE SHALL BE THE IMMEDIATE PAST NATIONAL PRESIDENT OF THE NEC. IF HE/SHE IS UNWILLING OR UNABLE TO SERVE AND WRITTEN NOTIFICATION OF SUCH IS PRESENTED TO THE NEC BOARD, A REPRESENTATIVE WILL BE ELECTED BY AND FROM THE NEC BOARD OF DIRECTORS. B) ONE TRUSTEE SHALL BE THE IMMEDIATE PAST PRESIDENT OF THE FOUNDATION. IF HE/SHE IS UNWILLING OR UNABLE TO SERVE, THE FOUNDATION BOARD OF TRUSTEES SHALL ELECT ANOTHER PAST PRESIDENT OF THE FOUNDATION TO SERVE IN THAT POSITION. C) ONE TRUSTEE SHALL BE THE NEC TREASURER. D) ONE TRUSTEE SHALL BE THE NEC CEO, WHO SHALL SERVE AS FOUNDATION SECRETARY. THE CEO SHALL BE A VOTING MEMBER, BUT WILL NOT VOTE IN THE ELECTION OF OFFICERS. E) TWO TRUSTEES SERVING THREE-YEAR TERMS SHALL BE PAST NATIONAL PRESIDENTS. THE TRUSTEES SHALL BE ELECTED BY THE PAST NATIONAL PRESIDENTS FROM AMONG THE PAST NATIONAL PRESIDENTS IN ATTENDANCE AT THE NEC CONVENTION. NO PAST NATIONAL PRESIDENT MAY SERVE MORE THAN ONE THREE-YEAR TERM. NO PAST NATIONAL PRESIDENT HAVING SERVED A THREE-YEAR TERM SHALL BE ELIGIBLE FOR RE-ELECTION TO THE BOARD OF TRUSTEES UNTIL AT LEAST ONE YEAR HAS ELAPSED. F) THREE TRUSTEES SHALL BE ELECTED FOR THREE-YEAR TERMS FROM EXCHANGE MEMBERSHIP AT-LARGE BY THE VOTING DELEGATES AT THE ANNUAL NEC CONVENTION. G) ALL SUGGESTED CANDIDATES FOR THE OFFICE OF AT-LARGE TRUSTEE MUST BE ENDORSED BY THE CANDIDATE'S CLUB OR DISTRICT, WHICH MUST BE FORWARDED IN WRITING, ON THE FOUNDATION'S SUGGESTED CANDIDATE FORM, TO THE FOUNDATION SECRETARY NOT LESS THAN ONE HUNDRED-TWENTY DAYS PRIOR TO THE DATE DESIGNATED FOR THE NEC ANNUAL CONVENTION. ALL SUGGESTED CANDIDATES MUST MEET THE QUALIFICATIONS FOR CANDIDATES AS ADOPTED BY RESOLUTION OF THE TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B REVIEWED BY FINANCE COMMITTEE AND BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C POLICY IS MONITORED BY THE BOARD AND DISCUSSED ON AN INDIVIDUAL CASE BY CASE BASIS. FORM 990, PART VI, SECTION C, LINE 19 MOST AVAILABLE ONLINE, PUBLISHED IN THE QUARTERLY MAGAZINE, AND FURNISHED UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS IN WHICH THE COMMITTEE RESPONSIBLE FOR OVERSIGHT OF THE AUDITED FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM PRIOR YEAR. THE NATIONAL EXCHANGE CLUB INC 3050 CENTRAL AVE TOLEDO OH 43606 344312210 SUPPORT TO LOCAL EXCHANGE CLUBS OH 501(C)(4) N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0 1