Nonprofit · EIN 42-6121481
NATIONAL EXCHANGE CLUB
Also known as 1527 WATERLOO IA
Tax-exempt · WATERLOO, IA 50704
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $52,164 | $57,993 | -$5,829 | $142,710 | $0 | $142,710 |
| June 30, 2024 | 990-EZ | $65,559 | $55,112 | $10,447 | $148,539 | $0 | $148,539 |
| June 30, 2023 | 990-EZ | $48,811 | $56,708 | -$7,897 | $138,092 | $0 | $138,092 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $9,775
- Membership dues
- $24,875
- Program service revenue
- $0
- Investment income
- $5,921
- Net income from fundraising events
- $4,979
- Other revenue
- $6,614
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $1,071
- Printing, publications and postage
- $762
- Other expenses
- $56,160
- Program services (functional)
- $20,352
Balance sheet and other
- Total assets, start of year
- $148,539
- Total assets, end of year
- $142,710
- Total liabilities, end of year
- $0
- Net assets, end of year
- $142,710
- Cash, savings and investments
- $142,710
- Gross receipts
- $57,497
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 |
|---|---|---|---|
| Jillian Rutledge | Past President | 1 | $0 |
| Sharon Droste | Secretary | 2 | $0 |
| Diana Sash | Treasurer | 4 | $0 |
| Brian Lynch | President | 4 | $0 |
| Bailey Moore | Vice President | 4 | $0 |
| Mark Little | Director | 1 | $0 |
| Josh Stevens | Director | 1 | $0 |
| Jackie Wagner | Director | 1 | $0 |
990-EZ for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Trent Hunter | President | 4 | $0 |
| Jillian Rutledge | President Elect | 4 | $0 |
| Sharon Droste | Secretary | 1 | $0 |
| Diana Sash | Treasurer | 4 | $0 |
| Zach Thompkins | Board Member | 1 | $0 |
| Brian Lynch | Vice President | 2 | $0 |
| William Kaye | Director | 1 | $0 |
| Bailey Moore | Director | 1 | $0 |
| Mark Little | Director | 1 | $0 |
| Josh Stevens | Director | 1 | $0 |
990-EZ for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matt Trueg | Board President | 4 | $0 |
| Trent Hunter | President Elect | 4 | $0 |
| Jillian Rutledge | Vice President | 2 | $0 |
| Sharon Droste | Secretary | 5 | $0 |
| Diana Sash | Treasurer | 5 | $0 |
| Zach Thompkins | Board Member | 1 | $0 |
| Maggie Burger | Director | 1 | $0 |
| Dustin Fadiga | Director | 1 | $0 |
| Katie Harn | Director | 1 | $0 |
| Brian Lynch | Director | 1 | $0 |
| William Kaye | Director | 1 | $0 |
| Sandi Sommerfeldt | Immediate Past President | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1404, WATERLOO, IA 50704-1404
- Mailing address (990-N for 2020)
- PO Box 1404, WATERLOO IA 50704
- Principal officer (990-N for 2020)
- John Speas, 929 Lynda Road, Waterloo IA 50701
- Signed the 990-EZ
- Diana Sash, Treasurer
- Phone
- (319) 240-8977
Mission
To work towards the prevention of child abuse promote youth activities and support area veterans
Program accomplishments
- To Work towards prevention of child abuse (Exchange's National Program of Service) and promote youth activitiesExpenses $5,332 · grants $5,000
- To promote citizenship and community betterment activitiesExpenses $9,302
- To promote membership education and officer training to facilitate and enhance the programing of the organization and enhance the positive impact to the community.Expenses $5,718
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
- 42-6121481
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1950
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Group exemption
- 1097: THE NATIONAL EXCHANGE CLUB
- Assets (IRS master file)
- $142,710
- Income (IRS master file)
- $57,497
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $52,164 | $57,993 | $142,710 | IRS |
| 990-EZ | June 2024 | $65,559 | $55,112 | $148,539 | IRS |
| 990-EZ | June 2023 | $48,811 | $56,708 | $138,092 | XML |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-N for 2020 Officer: John Speas | June 30, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
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 42-6121481).
Questions about NATIONAL EXCHANGE CLUB
- What is the EIN of NATIONAL EXCHANGE CLUB?
- The employer identification number (EIN) of NATIONAL EXCHANGE CLUB is 42-6121481.
- Is NATIONAL EXCHANGE CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1950.
- 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 is the principal officer of NATIONAL EXCHANGE CLUB?
- The 990-N for 2020 names John Speas.
- Who are the officers and directors of NATIONAL EXCHANGE CLUB?
- The 990-EZ for the year ended June 30, 2025 lists 8 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 $52,164, expenses of $57,993 and total assets of $142,710 at year end.
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