National Exchange Club

“A copy of this form 990 is provided to all members of its governing body for inspection before filing the form at a monthly board meeting.”

“The organizations governing documents, and financial statements are available to the public upon request.”

“Amended return explanation: incorrect financial data was provided to tax preparer so the original return did not report the correct amounts for contributions, program service revenue and other revenue from gaming activities. Part i, line 8 decreased 2,680 from 24,741 to 22,061. Part viii, line 1f decreased 2,680 from 11,559 o 8,879. Part i, line 9 decreased 335 from 18,561 to 18,226. Part viii, line 2c decreased 335 from 2,367 to 2,032. Part i, line 11 decreased 57,924 from 61,044 to 3,120. Part viii, line 9a decreased 483,139 from 949,392 to 466,253. Part viii, line 9b decreased 425,215 from 888,713 to 463,498. The gaming activity reported on the original return was for a different entity. The gaming activity is compiled by a third party unrelated to the organization and the wrong financial information was provided to the tax preparer when preparing the original return. The error was noted shortly after filing the original return on may 15, 2015 and was addressed and corrected in a timely manner. Schedule g has been updated to reflect the correct bingo activity and is included in the amended 990.”

“Amended return explanation: incorrect financial data was provided to tax preparer so the original return did not report correct amounts for grants to others and other expenses. Part i, line 13 decreased 56,883 from 88,727 to 31,844. Part ix, line 1 decreased 56,833 from 87,077 to 30,194. Part i, line 17 decreased 4,341 from 31,835 to 27,044. Part ix, line 24b decreased 4,794 from 5,811 to 1,017. Part ix, line 24c increased 3 from 884 to 887. The gaming activity reported on the original return was for a different entity. The gaming activity is compiled by a third party unrelated to the organization and the wrong financial information was provided to the tax preparer when preparing the original return. The error was noted shortly after filing the original return on may 15, 2015 and was addressed and corrected in a timely manner. The grants to others decreased signficantly with the correction of the gaming acvity due to the gaming proceeds being donated to other organizations.”

“Amended return explanation: incorrect financial data was provided to tax preparer so the original return did not report correct cash and liability amounts. Part i, line 20 increased 995 from 25,629 to 26,624. Part x, line 1 increased 995 from 25,629 to 26,624. Part i, line 21 increased 260 from 0 to 260. Part x, line 17 increased 260 from 0 to 260. The gaming activity reported on the original return was for a different entity. The gaming activity is compiled by a third party unrelated to the organization and the wrong financial information was provided to the tax preparer when preparing the original return. The error was noted shortly after filing the original return on may 15, 2015 and was addressed and corrected in a timely manner.”