Chevy Chase Recreation Association
- Assets
- $2.3m
- Revenue
- $955.1k
- Investments
- $0.0
- Employees
- 11
- Location
- Chevy Chase, MD
- Founding
- 10/1961
- Data as of
- 12/2023
- EIN
- 52-0731142
Organization Overview
Chevy Chase Recreation Association is located in Chevy Chase, MD. The organization was established in 1961. 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 12/2023, Chevy Chase Recreation Association employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chevy Chase Recreation Association is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Chevy Chase Recreation Association generated $955.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $816.1k during the year ending 12/2023. While expenses have increased by 1.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED RECREATIONAL FACILITIES AND OPPORTUNITIES FOR MEMBERS. IN ADDITION TO A SWIMMING POOL AND TENNIS COURTS, THE ASSOCIATION HAS A SWIM TEAM AND PROVIDES SWIM INSTRUCTION, TENNIS INSTRUCTION, TENNIS CLINICS FOR YOUTH, TENNIS LEAGUES FOR ADULTS AND SOCIAL ACTIVITIES. THE ASSOCIATION IS ALSO RESPONSIBLE FOR MAINTAINING FAIRCHILD HOUSE, A HISTORIC PROPERTY ON ITS GROUNDS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nedra Weinstein President | OfficerTrustee | 15 | $0 |
Glenn Reynolds Vice President | OfficerTrustee | 10 | $0 |
Maria Ferguson Secretary | OfficerTrustee | 10 | $0 |
Patricia Xeller Treasurer | OfficerTrustee | 10 | $0 |
Jill Nelson Racquet Sports Chair | Trustee | 10 | $0 |
Cathy Wolf Social Committee Chair | Trustee | 10 | $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 | $878,185 |
| Investment income | $3,159 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $58,246 |
| 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 | $955,084 |
| 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. | $70,185 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,850 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,936 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,700 |
| Fees for services: Accounting | $52,990 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $190,106 |
| Advertising and promotion | $0 |
| Office expenses | $11,551 |
| Information technology | $26,099 |
| Royalties | $0 |
| Occupancy | $82,043 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $222 |
| Interest | $29,383 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $162,387 |
| Insurance | $60,828 |
| All other expenses | $11,001 |
| Total functional expenses | $816,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,350 |
| Savings and temporary cash investments | $191,470 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $49,243 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,882,424 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,050 |
| Total assets | $2,282,537 |
| Accounts payable and accrued expenses | $39,511 |
| 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 | $510,998 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $550,509 |
| Net assets without donor restrictions | $1,682,028 |
| Net assets with donor restrictions | $50,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,282,537 |