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Nonprofit · EIN 22-6081226

NATIONAL EXCHANGE CLUB

Also known as 1791 OCEAN CITY NJ

Tax-exempt (reinstated) · OCEAN CITY, NJ 08226

Financials

$58K$50K2023$85K$54K2024
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, 2025990-EZ$84,586$53,807$30,779$351,841–$351,841
June 30, 2024990-EZ$58,207$50,439$7,768$321,062–$321,062
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$27,262
Investment income
$19,928
Net gain from sales of assets
$3,427
Net income from fundraising events
$33,969

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$427
Printing, publications and postage
$444
Other expenses
$52,936
Program services (functional)
$42,263

Balance sheet and other

Total assets, start of year
$321,062
Total assets, end of year
$351,841
Total liabilities, end of year
–
Net assets, end of year
$351,841
Cash, savings and investments
$351,841
Gross receipts
$122,506

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.

NameTitleHours / weekCompensation
THERESA MAINASecretary1$0
DAVID OPPENHEIMERTreasurer1$0
KEVIN KELLEHERPresident1$0
FRANK FAVERZANIPRESIDENT ELECT1$0
CHARLIE ALLENPAS PRESIDENT1$0
JOHN LAROSABOARD MEMBER1$0
ED PRICEBOARD MEMBER1$0
HERB GODFREYBOARD MEMBER1$0
JAKE CASSIDYBOARD MEMBER1$0
MIKE DIDONATOBOARD MEMBER1$0
JEFF SHIRKBOARD MEMBER1$0
990-EZ for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensation
THERESA MAINASecretary1$0
MARK CASSIDYPresident1$0
DAVID OPPENHEIMERTreasurer1$0
CHARLIE ALLENPRESIDENT ELECT1$0
FRANK FAVERZANIBOARD MEMBER1$0
ED PRICEBOARD MEMBER1$0
DREW ANTONELLIBOARD MEMBER1$0
MARK KAMPFPAST PRESIDENT1$0
JAKE CASSIDYBOARD MEMBER1$0
HERB GODFREYBOARD MEMBER1$0
KEVIN KELLEHERBOARD MEMBER1$0

Address and contacts

Address (IRS master file)
PO BOX 657, OCEAN CITY, NJ 08226-0657
Signed the 990-EZ
DAVID OPPENHEIMER, Treasurer
Phone
(856) 673-8363
Return prepared by
Murray and Becker LLC

Mission

PROVIDE FELLOWSHIP AND EXCHANGE OF IDEAS FOR RAISING MONIES TO SUPPORT PREVENTION OF CHILD ABUSE, SCHOLARSHIP AND OTHER CHARITABLE CAUSES. PROVIDE SCHOLARSHIPS TO OCEAN CITY HIGH SCHOOL STUDENTS AND OTHER ELIGIBLE PARTICIPANTS.

990-EZ for the year ended June 30, 2025

Program accomplishments

  • PROVIDE FELLOWSHIP AND EXCHANGE OF IDEAS FOR RAISING MONIES TO SUPPORT PREVENTION OF CHILD ABUSE, SCHOLARSHIP AND OTHER CHARITABLE CAUSES. PROVIDE SCHOLARSHIPS TO OCEAN CITY HIGH SCHOOL STUDENTS AND OTHER ELIGIBLE PARTICIPANTS.
    Expenses $42,263

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

IRS record

EIN
22-6081226
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2024
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$351,841
Income (IRS master file)
$122,506

Revocation and reinstatement

Exemption revoked
November 15, 2016
Posted by the IRS
March 13, 2017
Reinstated
Effective March 15, 2023

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-EZJune 2025$84,586$53,807$351,841IRS
990-EZJune 2024$58,207$50,439$321,062XML

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 22-6081226).

Questions about NATIONAL EXCHANGE CLUB

What is the EIN of NATIONAL EXCHANGE CLUB?
The employer identification number (EIN) of NATIONAL EXCHANGE CLUB is 22-6081226.
Is NATIONAL EXCHANGE CLUB tax-exempt?
Yes. The IRS revoked its exemption on November 15, 2016 and reinstated it effective March 15, 2023.
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 11 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 $84,586, expenses of $53,807 and total assets of $351,841 at year end.

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