Daleview Inc
- Assets
- $797.7k
- Revenue
- $264.1k
- Investments
- $0.0
- Employees
- 15
- Location
- Silver Spring, MD
- Founding
- 08/1957
- Data as of
- 12/2021
- EIN
- 52-0688001
Organization Overview
Daleview Inc is located in Silver Spring, MD. The organization was established in 1957. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Daleview Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Daleview Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Daleview Inc generated $264.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $280.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DALEVIEW IS A NON-PROFIT COMMUNITY MEMBERSHIP SWIMMING POOL LOCATED ON 4.25 SYLVAN ACRES INSIDE THE BELTWAY IN SILVER SPRING, MD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SAFE, HEALTHY RECREATIONAL SWIMMING AND RELATED ACTIVITIES FOR CHILDREN AND ADULTS. THIS INCLUDES MAINTENANCE OF 4.13 ACRES OF OPEN GREEN SPACE IN AN DENSELY POPULATED COUNTY. THE EXPENSES COME FROM BASIC MEMBERSHIP DUES REVENUE, NOT FROM SPECIFIC CHARGES TO MEMBERS.
DALEVIEW IS A CHARTER MEMBER OF THE MONTGOMERY COUNTY MD SWIM LEAGUE. CHILDREN OF MEMBERS MAY PARTICIPATE ON THE TEAM. . . DALEVIEW OFFERS MASTERS SWIM, STROKE AND TURN WINTER CLINICS, AND AQUATIC AEROBIC SESSIONS, AS WELL AS SWIM LESSONS FOR ADULTS AND CHILDREN. MASTERS SWIM, AEROBICS, AND SWIM LESSONS ARE OPEN TO BOTH MEMBERS AND NON-MEMBERS. COVID 19 RESTRICTIONS AFFECTED MANY PROGRAM SERVICES IN 2021
DALEVIERW ORGANIZES SOCIAL ACTIVITIES FOR ADULT AND CHILDREN MEMBERS. COVID 19 RESTRICTIONS AFFECTED MANY PROGRAM SERVICES IN 2021
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Delfino Vice President | OfficerTrustee | 5 | $0 |
Mei Powers Secretary | OfficerTrustee | 2 | $0 |
Lucille Dickenson Treasurer | OfficerTrustee | 15 | $0 |
Amy Zandarski-Pica President | OfficerTrustee | 15 | $0 |
Rich House Board Member | Trustee | 2 | $0 |
Emily Boyer Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $264,076 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $264,076 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,865 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,631 |
| Fees for services: Management | $82,632 |
| Fees for services: Legal | $2,625 |
| Fees for services: Accounting | $10,007 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $505 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,130 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $28,751 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,621 |
| Insurance | $10,913 |
| All other expenses | $0 |
| Total functional expenses | $280,763 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $184,585 |
| Savings and temporary cash investments | $184,889 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | -$519 |
| Net Land, buildings, and equipment | $428,759 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $797,714 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $157,321 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $157,321 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $430,448 |
| Retained earnings, endowment, accumulated income, or other funds | $209,945 |
| Total liabilities and net assets/fund balances | $797,714 |
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