Raleigh Racquet Club Inc

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

EIN: 560905840 ✦ Raleigh, NC ✦ Designated as a 501(c)(7)

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Overview

What is Raleigh Racquet Club Inc?

Raleigh Racquet Club Inc is a family-focused nonprofit organization that provides extensive tennis opportunities for individuals of various ages and skill levels. With a dedication to excellence, they offer top-notch facilities, engaging programs, and instructional events to foster a love for the sport. The club also hosts a range of social and athletic activities, making it a vibrant and welcoming community for its members.


Official website here: www.rrctennis.com

Is Raleigh Racquet Club Inc legitimate?

Raleigh Racquet Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Raleigh Racquet 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: $354,870
Professional Fundraising Fees: $0
Other Salaries and Wages: $720,462

For more financial information, click here


Official website here: www.rrctennis.com

What is the mission statement of Raleigh Racquet Club Inc?

The Raleigh Racquet Club Inc is committed to providing top-notch facilities, programs, instruction, and events for tennis enthusiasts of all ages and skill levels. Acting as a family-oriented racquet and swim club, it offers a variety of social and athletic activities. The club's mission is to cater to the needs of tennis players, ensuring an inclusive and engaging environment for all.


Official website here: www.rrctennis.com

Who is the CEO of Raleigh Racquet Club Inc?

Kurt Ihly is the General Mana of Raleigh Racquet Club Inc.


Official website here: www.rrctennis.com

What is the revenue of Raleigh Racquet Club Inc?

Raleigh Racquet Club Inc's revenue in 2022 was $4,188,470.


Official website here: www.rrctennis.com

Who are the executives of Raleigh Racquet Club Inc and what are their salaries?

The average compensation at Raleigh Racquet Club Inc during 2022 was $10,647. There are 101 employees and 9 volunteers at Raleigh Racquet Club Inc.


Here are 15 key members and their salaries:


Timothy Halligan (General Mana)
  • Compensation: $181,500
  • Related: $0
  • Other: $0
Paul Goode (Dir. Of Tenn)
  • Compensation: $173,370
  • Related: $0
  • Other: $0
Matthew Tomayko (Dir. Of 10U)
  • Compensation: $110,643
  • Related: $0
  • Other: $0
Brent Bennett (Dir Of Adult)
  • Compensation: $110,019
  • Related: $0
  • Other: $0
Eric Bratt (Dir. Nationa)
  • Compensation: $104,168
  • Related: $0
  • Other: $0
Ronald Carte (Executive Ch)
  • Compensation: $100,154
  • Related: $0
  • Other: $0
Allan Badulis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bruckel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Hammond (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Ihly (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzy Lippard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Odom (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jp Phinney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Art Rubin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Vangraafeiland (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rrctennis.com

Where can I find the form 990 for Raleigh Racquet Club Inc?

Raleigh Racquet Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rrctennis.com

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

Mission Statement of Raleigh Racquet Club Inc

Raleigh Racquet Club Inc, a family-oriented racquet and swim club, is committed to providing excellence in facilities, programs, instruction, and events for tennis players of all ages and skill levels. They offer a wide array of social and athletic activities, catering to the interests and abilities of their members. By prioritizing the needs of their community, Raleigh Racquet Club Inc strives to create an engaging and inclusive environment for its members, fostering a sense of camaraderie and enjoyment in the sport of tennis.

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Impact




October, 2024

Raleigh Racquet Club Inc plays a significant role in fostering community engagement and promoting healthy lifestyles in Raleigh, NC. By providing top-notch facilities, comprehensive programs, and expert instruction, the club creates an inclusive environment for tennis players of all ages and skill levels.

The club encourages social interaction and athletic development through a variety of events and activities, catering to families and individuals alike. Its emphasis on family-oriented social and athletic opportunities fosters relationships and strengthens community ties, making it a central hub for recreation in the area.

Moreover, through its focus on tennis and swimming, Raleigh Racquet Club promotes physical fitness, wellness, and teamwork, contributing positively to the overall health of the local community. By hosting competitions and events, the club also supports local talent and cultivates a spirit of sportsmanship and camaraderie among players.




This information is meant to be a general summary of Raleigh Racquet 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
$4,188,470 (2022)
Expenses
$3,846,191 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $17,211
  • Program Service Revenue: $1,993,899
  • Gross Receipts: $4,511,268

Assets and Liabilities:

  • Total Assets: $5,691,855
  • Total Liabilities: $2,512,139
  • Net Assets: $3,179,716

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Programs

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

TENNIS PROGRAMS

Revenue

$1,044,353

LESSONS/CLINICS

Revenue

$498,160

COURT SALES

Revenue

$441,955

OTHER

Revenue

$9,431

Organization Details

Founding Year

1968

Principal Officer

Kurt Ihly

Main Address

5516 FALLS OF NEUSE ROAD, RALEIGH, NC, 27609

NTEE Category

Code: N66 - Recreation

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