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Nonprofit · EIN 56-0905840

RALEIGH RACQUET CLUB INC

Tax-exempt · RALEIGH, NC 27609

Financials

$4.7M$4.4M2023$5.4M$5.1M2024$5.8M$5.4M2025
Revenue Expenses · by fiscal year end
Financials of RALEIGH RACQUET CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$5,841,862$5,443,776$398,086$6,498,873$2,324,986$4,173,887
December 31, 2024990$5,367,031$5,103,728$263,303$6,166,321$2,390,520$3,775,801
December 31, 2023990$4,746,858$4,397,321$349,537$6,051,292$2,522,039$3,529,253
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$2,085,138
Membership dues
$2,085,138
Program service revenue
$3,139,251
Investment income
$24,209
Net income from sales of inventory
$593,264
Other revenue
$593,264

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$827,048
Other salaries and wages
$827,566
Salaries, compensation and benefits (total)
$1,885,773
Professional fundraising fees
$0
Legal fees
$15,488
Occupancy
$178,511
Depreciation
$315,956

Balance sheet and other

Total assets, start of year
$6,166,321
Total assets, end of year
$6,498,873
Total liabilities, end of year
$2,324,986
Net assets, end of year
$4,173,887
Land, buildings and equipment
$5,414,647
Net assets without donor restrictions
$4,173,887
Gross unrelated business income
$24,209
Gross receipts
$6,192,109
Employees
89
Year formed
1968
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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
TIMOTHY HALLIGANGENERAL MANA
Key employee
40$280,420
PAUL GOODEDIR. OF TENN
Key employee
40$273,710
JONATHAN RIGBYONLINE ACADE
Highest-paid employee
40$132,711
BRENT BENNETTDIR OF ADULT
Highest-paid employee
40$127,614
RONALD CARTEEXECUTIVE CH
Highest-paid employee
40$121,534
LIZ ARCOSSECRETARY
Trustee or director, Officer
–$0
ALLAN BADULISBOARD MEMBER
Trustee or director
–$0
LEIGH BARTERBOARD MEMBER
Trustee or director
–$0
AMANDA BRANDONTREASURER
Trustee or director, Officer
–$0
PETER VAN GRAAFEILANDVICE PRESIDE
Trustee or director, Officer
–$0
LISA HAMMONDBOARD MEMBER
Trustee or director
–$0
JOHN HARDINPRESIDENT
Trustee or director, Officer
–$0
EMILY PERRYBOARD MEMBER
Trustee or director
–$0
ALICE STUBBSBOARD MEMBER
Trustee or director
–$0
990 for the year ended December 31, 2024: 14 people
NameTitleHours / weekCompensation
TIMOTHY HALLIGANGENERAL MANA
Key employee
40$266,280
PAUL GOODEDIR. OF TENN
Key employee
40$234,279
RONALD CARTEEXECUTIVE CH
Highest-paid employee
40$119,380
JONATHAN RIGBYONLINE ACADE
Highest-paid employee
40$111,052
BRENT BENNETTDIR OF ADULT
Highest-paid employee
40$105,581
LIZ ARCOSBOARD MEMBER
Trustee or director
1$0
ALLAN BADULISBOARD MEMBER
Trustee or director
1$0
AMANDA BRANDONSECRETARY
Trustee or director, Officer
1$0
LISA HAMMONDBOARD MEMBER
Trustee or director
1$0
JOHN HARDINPRESIDENT
Trustee or director, Officer
1$0
ART RUBBINTREASURER
Trustee or director, Officer
1$0
AMANDA STEVENSONVICE PRESIDE
Trustee or director, Officer
1$0
ALICE STUBBSBOARD MEMBER
Trustee or director
1$0
PETE VANGRAAFEILANDBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
TIMOTHY HALLIGANGENERAL MANA
Key employee
40$246,284
PAUL GOODEDIR. OF TENN
Key employee
40$190,067
RONALD CARTEEXECUTIVE CH
Highest-paid employee
40$113,137
BRENT BENNETTDIR OF ADULT
Highest-paid employee
40$111,834
DANIEL CARTERDIR TOURNAME
Highest-paid employee
40$104,183
LIZ ARCOSBOARD MEMBER
Trustee or director
1$0
ALLAN BADULISBOARD MEMBER
Trustee or director
1$0
JOHN BRUCKELBOARD MEMBER
Trustee or director
1$0
LISA HAMMONDPRESIDENT
Trustee or director, Officer
1$0
JOHN HARDINSECRETARY
Trustee or director, Officer
1$0
JP PHINNEYBOARD MEMBER
Trustee or director
1$0
ART RUBBINTREASURER
Trustee or director, Officer
1$0
AMANDA STEVENSONBOARD MEMBER
Trustee or director
1$0
PETE VANGRAAFEILANDVICE PRESIDE
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
5516 FALLS OF NEUSE RD, RALEIGH, NC 27609-4760
Principal officer (990 for 2025)
JOHN HARDIN, 5516 FALLS OF NEUSE ROAD, RALEIGH, NC 27609
Signed the 990
TIMOTHY HALLIGAN, GENERAL MANAGER
Phone
(919) 876-0565
Return prepared by
THOMAS CORNWELL CPA PLLC

Mission

THE RALEIGH RACQUET CLUB OFFERS EXCELLENCE IN FACILITIES, PROGRAMS, INSTRUCTION AND EVENTS FOR TENNIS PLAYERS OF ALL AGES AND SKILL LEVELS. AS A FAMILY-ORIENTED RACQUET AND SWIM CLUB, WE OFFER MULTIPLE SOCIAL AND ATHLETIC ACTIVITIES.

990 for the year ended December 31, 2025

Program accomplishments

  • OPERATES TENNIS AND SWIM CLUB

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-0905840
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1969
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,498,873
Income (IRS master file)
$6,192,109

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$5,841,862$5,443,776$6,498,873XML
990December 2024$5,367,031$5,103,728$6,166,321XML
990December 2023$4,746,858$4,397,321$6,051,292XML
990December 2022$4,188,470$3,846,191$5,691,855IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 56-0905840).

Questions about RALEIGH RACQUET CLUB INC

What is the EIN of RALEIGH RACQUET CLUB INC?
The employer identification number (EIN) of RALEIGH RACQUET CLUB INC is 56-0905840.
Is RALEIGH RACQUET CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1969.
Are donations to RALEIGH RACQUET CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does RALEIGH RACQUET CLUB INC 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 RALEIGH RACQUET CLUB INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RALEIGH RACQUET CLUB INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of RALEIGH RACQUET CLUB INC?
The 990 for the year ended December 31, 2025 names JOHN HARDIN.
Who are the officers and directors of RALEIGH RACQUET CLUB INC?
The 990 for the year ended December 31, 2025 lists 14 people; 5 received compensation from the organization, the highest $280,420 (TIMOTHY HALLIGAN, GENERAL MANA).
How much revenue does RALEIGH RACQUET CLUB INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $5,841,862, expenses of $5,443,776 and total assets of $6,498,873 at year end.

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