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Nonprofit · EIN 04-6192866

NATIONAL EXCHANGE CLUB

Also known as 1583 LAWRENCE AND THE ANDOVERS MA

Tax-exempt (reinstated) · NORTH ANDOVER, MA 01845

Financials

$72K$73K2022$44K$45K2023
Revenue Expenses · by fiscal year end
Financials of NATIONAL EXCHANGE CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2024990-EZ$44,041$44,827-$786$174,440$0$174,440
June 30, 2023990-EZ$72,176$72,526-$350$175,226$0$175,226
Financial details: 990-EZ for the year ended June 30, 2024

Revenue

Membership dues
$39,281
Net income from fundraising events
$4,760

Expenses

Grants and similar amounts paid
$37,451
Compensation of officers, directors and key employees
$0
Other expenses
$7,376
Program services (functional)
$19,200

Balance sheet and other

Total assets, start of year
$175,226
Total assets, end of year
$174,440
Total liabilities, end of year
$0
Net assets, end of year
$174,440
Cash, savings and investments
$174,440
Gross receipts
$90,682

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended June 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
RICK BLAINEDIRECTOR2$0
SHAUN HARTYDIRECTOR2$0
FRANK CANNDIRECTOR2$0
JEN HAMILTONDIRECTOR2$0
MIKE SOUZADIRECTOR2$0
DAVID DEARBORNDIRECTOR2$0
ARMAND BUONANNOPRESIDENT0$0
CHRISTOPHER RINESTRESURER2$0
AL PAPPALARDOSECRETARY2$0
LAURENCE YAMEENV PRESIDENT2$0
990-EZ for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensation
RICK BLAINEDIRECTOR2$0
SHAUN HARTYDIRECTOR2$0
FRANK CANNDIRECTOR2$0
JEN HAMILTONDIRECTOR2$0
MIKE SOUZADIRECTOR2$0
DAVID DEARBORNDIRECTOR2$0
ARMAND BUONANNOPRESIDENT0$0
CHRISTOPHER RINESTRESURER2$0
AL PAPPALARDOSECRETARY2$0
LAURENCE YAMEENV PRESIDENT2$0

Address and contacts

Address (IRS master file)
30 MASS AVE, NORTH ANDOVER, MA 01845-3458
Mailing address (990-N for 2024)
30 Mass Ave, North Andover MA 01845
Principal officer (990-N for 2024)
Michael Souza, PO Box 185, Sanbornville NH 03872
Signed the 990-EZ
CHRISTOPHER RINES, TREASURER
Phone
(978) 884-1853
Website
xclana.org
Return prepared by
RANDALL BENNETT & CO PC

Mission

EXCHANGE IS A DIVERSE ASSORTMENT OF AMERICANISM, YOUTH AND COMMUNITY SERVICE PROGRAMS THAT ENHANCE THE LIVES OF COUNTLESS PEOPLE.

990-EZ for the year ended June 30, 2024

Program accomplishments

  • COMMUNITY DONATIONS
    grants $14,433
  • SCHOLARSHIPS
    Expenses $19,200

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-N on file
2023June 30, 2024November 15, 2024990-EZ on file

IRS record

EIN
04-6192866
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1950
Accounting year ends
June
Files
Form 990-N (e-Postcard)

Revocation and reinstatement

Exemption revoked
January 15, 2011
Posted by the IRS
September 7, 2011
Reinstated
Effective January 15, 2011

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: Michael Souza
June 30, 2025≤ $50,000 receipts––e-Postcard
990-EZJune 2024$44,041$44,827$174,440XML
990-EZJune 2023$72,176$72,526$175,226XML

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-6192866).

Questions about NATIONAL EXCHANGE CLUB

What is the EIN of NATIONAL EXCHANGE CLUB?
The employer identification number (EIN) of NATIONAL EXCHANGE CLUB is 04-6192866.
Is NATIONAL EXCHANGE CLUB tax-exempt?
Yes. The IRS revoked its exemption on January 15, 2011 and reinstated it effective January 15, 2011.
Are donations to NATIONAL EXCHANGE CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NATIONAL EXCHANGE CLUB file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of NATIONAL EXCHANGE CLUB due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NATIONAL EXCHANGE CLUB last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended June 30, 2025.
Who is the principal officer of NATIONAL EXCHANGE CLUB?
The 990-N for 2024 names Michael Souza.
Who are the officers and directors of NATIONAL EXCHANGE CLUB?
The 990-EZ for the year ended June 30, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does NATIONAL EXCHANGE CLUB have?
On its 990-EZ for the year ended June 30, 2024 it reported revenue of $44,041, expenses of $44,827 and total assets of $174,440 at year end.

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