Hollow Rock Racquet & Swim Club Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237153030 ✦ Durham, NC ✦ Designated as a 501(c)(7)

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Overview

What is Hollow Rock Racquet & Swim Club Inc?

Hollow Rock Racquet & Swim Club Inc is a nonprofit organization that prioritizes the leisure and recreation of its members. Located within its mission, the club offers engaging activities such as tennis and swimming, catering to various member interests. Through the provision of these programs, Hollow Rock Racquet & Swim Club Inc aims to create a vibrant and enjoyable environment for its membership base.


Official website here: www.hollowrock.com

Is Hollow Rock Racquet & Swim Club Inc legitimate?

Hollow Rock Racquet & Swim Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Hollow Rock Racquet & Swim Club Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,208,819

For more financial information, click here


Official website here: www.hollowrock.com

What is the mission statement of Hollow Rock Racquet & Swim Club Inc?

Hollow Rock Racquet & Swim Club Inc's mission is centered around providing recreational services to its members. This includes activities such as tennis and swimming. The club's primary objective is to cater to its members' interests by offering them a variety of leisure activities. The club's operations are focused on providing tax-exempt programs that align with the preferences of its members. In essence, Hollow Rock Racquet & Swim Club Inc serves to enrich the leisure time of its members by offering them engaging tennis and swimming facilities.


Official website here: www.hollowrock.com

Who is the CEO of Hollow Rock Racquet & Swim Club Inc?

Elisabeth Miller is the President of Hollow Rock Racquet & Swim Club Inc.


Official website here: www.hollowrock.com

What is the revenue of Hollow Rock Racquet & Swim Club Inc?

Hollow Rock Racquet & Swim Club Inc's revenue in 2022 was $2,610,356.


Official website here: www.hollowrock.com

Who are the executives of Hollow Rock Racquet & Swim Club Inc and what are their salaries?

The average compensation at Hollow Rock Racquet & Swim Club Inc during 2022 was $10,073. There are 120 employees and 9 volunteers at Hollow Rock Racquet & Swim Club Inc.


Here are 10 key members and their salaries:


Elisabeth Miller (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Louis (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Longman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancee Merritt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Hunt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Easthom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Spearman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Sampson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curt Hutton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Polasek (General Manager)
  • Compensation: $120,000
  • Related: $0
  • Other: $0


Official website here: www.hollowrock.com

Where can I find the form 990 for Hollow Rock Racquet & Swim Club Inc?

Hollow Rock Racquet & Swim Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hollowrock.com

Learn more at the official website: www.hollowrock.com

Mission Statement of Hollow Rock Racquet & Swim Club Inc

Hollow Rock Racquet & Swim Club Inc is dedicated to serving its members by providing a range of recreational activities, with a focus on tennis and swimming. The club's mission is to cater to the interests of its members, offering them a variety of programs that align with their leisure preferences. Hollow Rock Racquet and Swim Club Inc operates with the purpose of enriching its members' experiences by offering tax-exempt activities designed to cater to their recreational needs.

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Impact




October, 2024

Hollow Rock Racquet & Swim Club Inc significantly enhances the community by providing accessible recreational services, primarily focusing on tennis and swimming. This club serves as a vital social hub for its members in Durham, NC, promoting physical health and well-being through active participation in sports.

Through its programs, the club fosters a sense of community and camaraderie among members, encouraging social interactions and building lasting relationships. Additionally, by offering tailored activities that cater to various member interests, Hollow Rock Racquet & Swim Club Inc fulfills the diverse recreational needs of its members, enriching their lives and promoting an active lifestyle. The impact extends beyond just physical activities; it contributes to mental health and social cohesion, making it an invaluable asset to the local community.




This information is meant to be a general summary of Hollow Rock Racquet & Swim Club Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,610,356 (2022)
Expenses
$2,252,756 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,683
  • Program Service Revenue: $1,558,234
  • Gross Receipts: $2,700,601

Assets and Liabilities:

  • Total Assets: $3,508,346
  • Total Liabilities: $1,614,125
  • Net Assets: $1,894,221

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$1,284,058

CAPITAL ASSESSMENT

Revenue

$137,856

INITIATION FEES

Revenue

$136,320

Organization Details

Founding Year

1971

Principal Officer

Elisabeth Miller

Main Address

5100 ERWIN ROAD, DURHAM, NC, 27707

NTEE Category

Code: N66 - Recreation

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