The Racquet Club Inc

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

EIN: 930332519 ✦ Portland, OR ✦ Designated as a 501(c)(7)

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Overview

What is The Racquet Club Inc?

The Racquet Club Inc, located at 1853 SW HIGHLAND ROAD, PORTLAND, OR 97221, is a nonprofit organization primarily dedicated to offering its members an engaging environment for indoor and outdoor tennis play, along with swimming opportunities. The club also extends its services to provide professional tennis instruction for its members. Furthermore, it boasts a restaurant for fine dining experiences, providing a comprehensive recreational and social offering for its members. With a staff of 36 employees, The Racquet Club Inc is committed to delivering a memorable experience for tennis enthusiasts.


Official website here: www.rcportland.com

Is The Racquet Club Inc legitimate?

The Racquet Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. The 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $409,539

For more financial information, click here


Official website here: www.rcportland.com

What is the mission statement of The Racquet Club Inc?

The Racquet Club Inc serves as a hub for its members, offering facilities for both indoor and outdoor tennis games and swimming. The club also includes a restaurant for fine dining experiences. Beyond these recreational amenities, the club provides professional tennis instruction to its members, aiming to enhance their skills and enjoyment of the sport.


Official website here: www.rcportland.com

Who is the CEO of The Racquet Club Inc?

Charles Adams is the President of The Racquet Club Inc.


Official website here: www.rcportland.com

What is the revenue of The Racquet Club Inc?

The Racquet Club Inc's revenue in 2022 was $1,460,331.


Official website here: www.rcportland.com

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

The average compensation at The Racquet Club Inc during 2022 was $11,376. There are 36 employees at The Racquet Club Inc.


Here are 8 key members and their salaries:


Charles Adams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Solodky (Vp/Personal)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Taylor (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jayn Keller (Secretary/Gr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Madden (House)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernie Levenson (Athletics)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Herrick (Social)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Rahr (Membership)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rcportland.com

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

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


Official website here: www.rcportland.com

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

Mission Statement of The Racquet Club Inc

The Racquet Club Inc, a distinguished organization, is dedicated to catering to its members' recreational needs. Its primary focus lies in providing state-of-the-art facilities for both indoor and outdoor tennis games, as well as swimming. Moreover, the club offers a refined dining experience at its restaurant. Beyond these amenities, The Racquet Club Inc also extends professional tennis instruction to its members, ensuring that they can enhance their skills and enjoy the sport to the fullest.

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Impact




October, 2024

The Racquet Club Inc significantly enhances the recreational landscape of Portland, offering its members a rich array of facilities that promote health, wellness, and social interaction. With both indoor and outdoor tennis courts, as well as swimming amenities, the club serves as a hub for athletic activity, encouraging members to engage regularly in physical fitness.

Additionally, the availability of professional tennis instruction fosters skill development and promotes a culture of excellence in the sport. The club’s fine dining restaurant further enriches the member experience, providing a social space where individuals can gather, dine, and build community ties. Overall, The Racquet Club Inc plays a vital role in contributing to the active lifestyle and community engagement of its members in the Portland area.




This information is meant to be a general summary of The 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
$1,460,331 (2022)
Expenses
$1,317,584 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,362,177
  • Gross Receipts: $2,070,873

Assets and Liabilities:

  • Total Assets: $1,660,241
  • Total Liabilities: $242,911
  • Net Assets: $1,417,330

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Programs

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

MEMBER DUES AND FEES

Revenue

$1,063,759

MEMBERS LESSONS

Revenue

$189,405

OTHER PROGRAM SERVICE REVENUE

Revenue

$109,013

Organization Details

Founding Year

1945

Principal Officer

Charles Adams

Main Address

1853 SW HIGHLAND ROAD, PORTLAND, OR, 97221

NTEE Category

Code: N66 - Recreation

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