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Nonprofit · EIN 56-0788165

OLDE PROVIDENCE RACQUET CLUB

Tax-exempt · CHARLOTTE, NC 28226

Financials

$2.5M$2.5M2022$2.7M$3M2023$5.4M$3M2024
Revenue Expenses · by fiscal year end
Financials of OLDE PROVIDENCE RACQUET CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$5,414,727$2,996,418$2,418,309$10,486,828$1,867,743$8,619,085
September 30, 2024990$2,684,395$2,994,939-$310,544$6,983,332$1,967,398$5,015,934
September 30, 2023990$2,510,943$2,506,757$4,186$6,618,412$1,748,234$4,870,178
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$4,824,978
Membership dues
$2,636,430
Program service revenue
$0
Investment income
$86,374
Net income from sales of inventory
$31,802
Other revenue
$503,375

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$162,950
Other salaries and wages
$926,380
Salaries, compensation and benefits (total)
$1,256,704
Professional fundraising fees
$0
Depreciation
$485,520

Balance sheet and other

Total assets, start of year
$6,983,332
Total assets, end of year
$10,486,828
Total liabilities, end of year
$1,867,743
Net assets, end of year
$8,619,085
Land, buildings and equipment
$6,446,018
Net assets without donor restrictions
$8,619,085
Gross unrelated business income
$114,848
Gross receipts
$5,540,217
Employees
47
Volunteers
84
Year formed
1962
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
JONATHAN GROOMSGENERAL MANAGER
Highest-paid employee
40$162,950
CHRISTI HARTPRESIDENT
Trustee or director, Officer
10$0
KATHY SPENCESECRETARY
Trustee or director, Officer
10$0
ROB HAYWOODTREASURER
Trustee or director, Officer
10$0
ALISON HOMANCOMMITTEE CHAIR
Trustee or director
10$0
BLAKE ELDERCOMMITTEE CHAIR
Trustee or director
10$0
DAVID KENNEDYCOMMITTEE CHAIR
Trustee or director
10$0
RAVI MUJUMDARCOMMITTEE CHAIR
Trustee or director
10$0
ROBIN STUARTCOMMITTEE CHAIR
Trustee or director
10$0
ANDY BACHCOMMITTEE CHAIR
Trustee or director
10$0
KATIE MONSONCOMMITTEE CHAIR
Trustee or director
10$0
KAY BEVERLYCOMMITTEE CHAIR
Trustee or director
10$0
ROBBY LOWECOMMITTEE CHAIR
Trustee or director
10$0
ZACH CARDAISPAST PRESIDENT
Trustee or director
10$0
990 for the year ended September 30, 2024: 14 people
NameTitleHours / weekCompensationFrom related orgs
JOHN SULLIVANGENERAL MANAGER
Highest-paid employee
40$0$194,783
ZACH CARDAISPRESIDENT
Trustee or director, Officer
10$0$0
CHRISTI HARTVICE PRES.
Trustee or director, Officer
10$0$0
ROB HAYWOODTREASURER
Trustee or director, Officer
10$0$0
KATHY SPENCESECRETARY
Trustee or director, Officer
10$0$0
BLAKE ELDERCOMMITTEE CHAIR
Trustee or director
10$0$0
DAVID KENNEDYCOMMITTEE CHAIR
Trustee or director
10$0$0
RICHARD MERINOCOMMITTEE CHAIR
Trustee or director
10$0$0
RAVI MUJUMDARCOMMITTEE CHAIR
Trustee or director
10$0$0
AMANDA JETERCOMMITTEE CHAIR
Trustee or director
10$0$0
DR KEVIN SODENCOMMITTEE CHAIR
Trustee or director
10$0$0
ROBIN STUARTCOMMITTEE CHAIR
Trustee or director
10$0$0
ALISON HOMANCOMMITTEE CHAIR
Trustee or director
10$0$0
KATHLEEN DEANCOMMITTEE CHAIR
Trustee or director
10$0$0
990 for the year ended September 30, 2023: 14 people
NameTitleHours / weekCompensation
JOHN SULLIVANGENERAL MANAGER
Highest-paid employee
40$220,600
KATHLEEN DEANPRESIDENT
Trustee or director, Officer
10$0
ZACH CARDAISVICE PRES.
Trustee or director, Officer
10$0
JOHN ENGLANDTREASURER
Trustee or director, Officer
10$0
SUZANNE JOHNSONSECRETARY
Trustee or director, Officer
10$0
BRIAN ZAPATACOMMITTEE CHAIR
Trustee or director
10$0
ROB HAYWOODCOMMITTEE CHAIR
Trustee or director
10$0
RICHARD MERINOCOMMITTEE CHAIR
Trustee or director
10$0
RAVI MUJUMDARCOMMITTEE CHAIR
Trustee or director
10$0
AMANDA JETERCOMMITTEE CHAIR
Trustee or director
10$0
DR KEVIN SODENCOMMITTEE CHAIR
Trustee or director
10$0
CHRISTI HARTCOMMITTEE CHAIR
Trustee or director
10$0
ALISON HOMANCOMMITTEE CHAIR
Trustee or director
10$0
PAUL VADNAISCOMMITTEE CHAIR
Trustee or director
10$0

Address and contacts

Address (IRS master file)
5630 SHARON VIEW RD, CHARLOTTE, NC 28226-5608
Principal officer (990 for 2024)
RYAN CAIAZZO, 5630 SHARON VIEW RD, CHARLOTTE, NC 28226
Signed the 990
RYAN CAIAZZO, CONTROLLER
Phone
(704) 366-9817
Return prepared by
FARRIS COOKE & ASSOCIATES PA

Mission

RECREATIONAL AND SOCIAL ACTIVITIES FOR ITS MEMBERS

990 for the year ended September 30, 2025

Program accomplishments

  • TENNIS RECREATIONAL SERVICES PROVIDES TENNIS MEMBERSHIP WITH OPPORTUNITIES TO PLAY TENNIS
  • PRO SHOP SERVICES THE PRO SHOP PROVIDES THE MEMBERS WITH RETAIL SHOPPING OPPORTUNITIES FOR ATHLETIC CLOTHING, RACQUET/TENNIS EQUIPMENT AND REPAIR.
  • SWIMMING RECREATIONAL SERVICES PROVIDES THE SWIMMING MEMBERSHIP WITH SWIMMING OPPORTUNITIES AND LESSONS

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
56-0788165
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1965
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$10,486,828
Income (IRS master file)
$5,540,217

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$5,414,727$2,996,418$10,486,828XML
990September 2024$2,684,395$2,994,939$6,983,332XML
990September 2023$2,510,943$2,506,757$6,618,412XML
990September 2022$2,367,275$2,228,835$6,436,877IRS
990September 2021–––IRS
990September 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-0788165).

Questions about OLDE PROVIDENCE RACQUET CLUB

What is the EIN of OLDE PROVIDENCE RACQUET CLUB?
The employer identification number (EIN) of OLDE PROVIDENCE RACQUET CLUB is 56-0788165.
Is OLDE PROVIDENCE RACQUET CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1965.
Are donations to OLDE PROVIDENCE RACQUET CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does OLDE PROVIDENCE RACQUET CLUB file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of OLDE PROVIDENCE RACQUET CLUB due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OLDE PROVIDENCE RACQUET CLUB last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of OLDE PROVIDENCE RACQUET CLUB?
The 990 for the year ended September 30, 2025 names RYAN CAIAZZO.
Who are the officers and directors of OLDE PROVIDENCE RACQUET CLUB?
The 990 for the year ended September 30, 2025 lists 14 people; 1 received compensation from the organization, the highest $162,950 (JONATHAN GROOMS, GENERAL MANAGER).
How much revenue does OLDE PROVIDENCE RACQUET CLUB have?
On its 990 for the year ended September 30, 2025 it reported revenue of $5,414,727, expenses of $2,996,418 and total assets of $10,486,828 at year end.

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