Nonprofit · EIN 06-6071059
NATIONAL EXCHANGE CLUB
Also known as 1245 MADISON CT
Tax-exempt · MADISON, CT 06443
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $49,126 | $63,700 | -$14,574 | $25,705 | $0 | $25,705 |
| June 30, 2024 | 990-EZ | $52,021 | $62,573 | -$10,552 | $28,179 | $0 | $28,179 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $35,815
- Membership dues
- $20,249
- Program service revenue
- $0
- Investment income
- $903
- Net income from fundraising events
- -$7,841
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $39,506
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Other expenses
- $24,194
- Program services (functional)
- $39,506
Balance sheet and other
- Total assets, start of year
- $28,179
- Total assets, end of year
- $25,705
- Total liabilities, end of year
- $0
- Net assets, end of year
- $25,705
- Cash, savings and investments
- $25,705
- Gross receipts
- $83,305
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jennifer Tung | Secretary | 4 | $0 |
| Thomas Tung | Treasurer | 4 | $0 |
| Sean Heenan | President | 6 | $0 |
| Nancy Smith | President Elect | 2 | $0 |
| Jennifer Tung | Immediate Past President | 2 | $0 |
990-EZ for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Carol Ann Totte | Secretary | 4 | $0 |
| Thomas Tung | Treasurer | 4 | $0 |
| Jennifer Tung | President | 6 | $0 |
| Sean Heenan | President Elect | 2 | $0 |
| Dun Heenan | Immediate Past President | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 644, MADISON, CT 06443-0644
- In care of
- % TOM TUNG
- Signed the 990-EZ
- Thomas Tung, Treasurer
- Website
- www.madisonexchange.org
Mission
Prevention of Child Abuse and Community Service Projects
Program accomplishments
- Child Abuse Prevention - New Haven CIP, Rockville Kidsafe CT, Madison Youth ServicesExpenses $9,000 · grants $9,000
- Youth Projects - Youth of the Month/Year, ACE award, Cataldo award, Youth scholarships and recognition events, Madison Excel clubs, Little LeagueExpenses $11,578 · grants $11,578
- Americanism - Main Street Independence Day parade, Project GAKAFTW, Excel float, American Legion, Operation American SoldierExpenses $7,823 · grants $7,823
- Community Service - Salute to the Bravest/Finest, Easter Egg Hunt, Bauer Park, Madison Food Pantry, Night in Hand, Madison Ambulance, Opioid PreventionExpenses $7,225 · grants $7,225
- Club Development - Publicity, Education, Administration, ConventionsExpenses $2,294 · grants $2,294
- Unallocated projectsExpenses $1,586 · grants $1,586
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 06-6071059
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1975
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Group exemption
- 1097: THE NATIONAL EXCHANGE CLUB
- Assets (IRS master file)
- $25,705
- Income (IRS master file)
- $83,305
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $49,126 | $63,700 | $25,705 | XML |
| 990-EZ | June 2024 | $52,021 | $62,573 | $28,179 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
| 990-EZ | June 2018 | – | – | – | IRS |
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 06-6071059).
Questions about NATIONAL EXCHANGE CLUB
- What is the EIN of NATIONAL EXCHANGE CLUB?
- The employer identification number (EIN) of NATIONAL EXCHANGE CLUB is 06-6071059.
- Is NATIONAL EXCHANGE CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1975.
- 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 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- 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-EZ for the year ended June 2025.
- Who are the officers and directors of NATIONAL EXCHANGE CLUB?
- The 990-EZ for the year ended June 30, 2025 lists 5 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, 2025 it reported revenue of $49,126, expenses of $63,700 and total assets of $25,705 at year end.
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