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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Human Services Needham Exchange Foundation Inc.

Needham Exchange Foundation Inc.

Fiscal year ending 2025. Filed on November 4, 2025.

P O Box 92508
Needham, Massachusetts 02492

Needham Exchange Foundation Inc. (EIN: 86-2768221) has filed an IRS Form 990 since fiscal year 2021. In its fiscal year 2025 IRS Form 990 filing, Needham Exchange Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $0.

Revenue, expenses, and employee compensation

Revenue

$9,635

Expenses

$22,571

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Debra Steele
Clerk and Director
$0
James Ruelbach
President and Director
$0
Kenneth Raffol
Treasurer and Director
$0

Benchmark Employee Compensation

Non-Employee Board Members

John Terry
Director
Paula Jacobson
Director

Mission Statement

THE NEEDHAM EXCHANGE FOUNDATION (NXF) SEEKS TO FOSTER AND ENHANCE THE LIVES OF ALL NEEDHAM RESIDENTS, SPANNING DIFFERENT AGE GROUPS, THROUGH A DIVERSE RANGE OF INITIATIVES. WORKING IN CONJUNCTION WITH THE NEEDHAM EXCHANGE CLUB, NXF SUPPORTS PROGRAMS THAT INCLUDE, BUT ARE NOT LIMITED TO, GRANTING ACADEMIC AWARDS AND SCHOLARSHIPS, FUNDING CHILD ABUSE PREVENTION (CAP) INITIATIVES, AND PROVIDING SERVICES AND ACTIVITIES FOR SENIORS IN OUR COMMUNITY. THE NEEDHAM EXCHANGE FOUNDATION STRIVES TO CREATE A VIBRANT AND SUPPORTIVE COMMUNITY WHERE EVERY RESIDENT CAN THRIVE.

Revisions to this organization profile

November 4, 2025:
2025 Needham Exchange Foundation Inc. 990 filed
October 22, 2024:
2024 Needham Exchange Foundation Inc. 990 filed
November 9, 2023:
2023 Needham Exchange Foundation Inc. 990 filed

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