Delval Business Finance Corp
- Assets
- $160.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Bethesda, MD
- Founding
- 07/1993
- Data as of
- 12/2021
- EIN
- 23-2726441
Organization Overview
Delval Business Finance Corp is located in Bethesda, MD. The organization was established in 1993. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Delval Business Finance Corp employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delval Business Finance Corp is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rochelle Magarick Board Member | Trustee | 0.5 | $0 |
Michael Schwartz President | OfficerTrustee | 70 | $373,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100 |
| Other assets | $0 |
| Total assets | $160,106 |
| Total liabilities | $0 |
| Net assets or fund balances | $160,106 |