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Exchange Club Of Lake Highlands Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 752354560 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Exchange Club Of Lake Highlands Inc?

Exchange Club of Lake Highlands Inc, situated in Dallas, Texas, is a nonprofit organization dedicated to uplifting its local community. Their primary focus lies in providing academic scholarships to students from Lake Highlands High School, considering factors such as academic performance, extracurricular activities, and community service. Applications for these scholarships are accessible to all eligible students. Beyond scholarships, the Exchange Club actively contributes to community activities in the Lake Highlands area of Dallas, offering public support and promoting overall development.


Official website here: www.lhexchangeclub.org

Is Exchange Club Of Lake Highlands Inc legitimate?

Exchange Club Of Lake Highlands Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Exchange Club Of Lake Highlands Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lhexchangeclub.org

What is the mission statement of Exchange Club Of Lake Highlands Inc?

The Exchange Club of Lake Highlands Inc. is committed to offering public assistance for community initiatives within its designated area. Their primary mission is to support various community activities in this specific locale. The organization extends academic scholarships to students from Lake Highlands High School, considering factors such as academic performance, extracurricular involvement, and community service. Applications for these scholarships are open to all eligible students.


Official website here: www.lhexchangeclub.org

Who is the CEO of Exchange Club Of Lake Highlands Inc?

Doug Rabe is the President of Exchange Club Of Lake Highlands Inc.


Official website here: www.lhexchangeclub.org

What is the revenue of Exchange Club Of Lake Highlands Inc?

Exchange Club Of Lake Highlands Inc's revenue in 2022 was $329,468.


Official website here: www.lhexchangeclub.org

Who are the executives of Exchange Club Of Lake Highlands Inc and what are their salaries?

There 180 volunteers at Exchange Club Of Lake Highlands Inc.


Here are 17 key members and their salaries:


Robert Walne (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Brown (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlin Volkmer (President - Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Rabe (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Fischer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Boyd (Vp Programs)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Trifone (Vp - Community Service)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Bailey (Vp - Membership)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Edgerton (Vp - Fundraising)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Conway (Vp - Youth)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Bogan (Director - School/Community Relations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ric Moseley (Director - Communications)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Johnston (Director Of Citizenship And Americanism)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Brown (Director - Oktoberfest)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Basden (Director - Scholarships)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Parisi (Director - Auction Spring Event)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Torres (Director - Member Involvement)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lhexchangeclub.org

Where can I find the form 990 for Exchange Club Of Lake Highlands Inc?

Exchange Club Of Lake Highlands Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lhexchangeclub.org

Learn more at the official website: www.lhexchangeclub.org

Mission Statement of Exchange Club Of Lake Highlands Inc

The Exchange Club of Lake Highlands Inc is committed to supporting community activities within the Lake Highlands area of Dallas. This nonprofit organization's mission is to extend public assistance, focusing on various aspects of the community. One of their significant contributions is providing academic scholarships to students of Lake Highlands High School. These scholarships are awarded based on a combination of factors, including academic performance, extracurricular activities, and community service involvement. The scholarship application process is open to all students at the high school.

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Impact




October, 2024

The Exchange Club of Lake Highlands Inc plays a crucial role in enhancing community life in the Lake Highlands area of Dallas. By providing public support for various community activities, it fosters a spirit of collaboration and engagement among residents. One of its key impacts is the provision of academic scholarships to students of Lake Highlands High School. These scholarships are awarded based on a holistic evaluation of students’ academic performance, extracurricular involvement, and commitment to community service, ensuring that deserving students receive the financial assistance needed to pursue their educational goals. This commitment not only recognizes and rewards student achievement but also encourages a culture of academic excellence and civic responsibility among the youth in the community. Through its initiatives, the Exchange Club strengthens the fabric of the Lake Highlands area, empowering individuals and supporting the development of a vibrant, engaged community.




This information is meant to be a general summary of Exchange Club Of Lake Highlands Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$329,468 (2022)
Expenses
$295,089 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $18,478
  • Program Service Revenue: $105,735
  • Gross Receipts: $581,062

Assets and Liabilities:

  • Total Assets: $1,084,524
  • Total Liabilities: $150,500
  • Net Assets: $934,024

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Membership dues

Revenue

$105,735

Organization Details

Founding Year

1961

Principal Officer

Doug Rabe

Main Address

PO Box 823725, Dallas, TX, 75382

NTEE Category

Code: T99J - Philanthropy

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