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BYLAWS OF LOCAL EXCHANGE CLUBS Effective July 10, 2014, PREAMBLE These are the Bylaws of The (Exchange Club) (Excel Club) (Junior Excel Club) of, a member of the District Exchange Clubs and The National
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What is local exchange clubs?
Local exchange clubs are non-profit organizations that focus on community service, particularly in the areas of youth development, Americanism, and community betterment.
Who is required to file local exchange clubs?
Local exchange clubs are required to file annual reports with the IRS if they have gross receipts of $50,000 or more.
How to fill out local exchange clubs?
Local exchange clubs can fill out their annual reports using Form 990 or 990-EZ provided by the IRS.
What is the purpose of local exchange clubs?
The purpose of local exchange clubs is to bring together business professionals and community leaders to work on projects that benefit their local communities.
What information must be reported on local exchange clubs?
Local exchange clubs must report their financial information, activities, and governance structure in their annual reports.
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