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Nonprofit · EIN 93-0603023

TIMBERHILL RACQUET CLUB INC

Tax-exempt · CORVALLIS, OR 97330

Financials

$828K$844K2023$898K$898K2024
Revenue Expenses · by fiscal year end
Financials of TIMBERHILL RACQUET CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$897,500$897,852-$352$1,122,101$556,386$565,715
June 30, 2024990$827,595$844,383-$16,788$1,170,580$604,513$566,067
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$289,912
Membership dues
$289,912
Program service revenue
$600,437
Investment income
$6,006
Other revenue
$1,145

Expenses

Grants and similar amounts paid
$1,798
Other salaries and wages
$506,351
Salaries, compensation and benefits (total)
$552,658
Professional fundraising fees
$0
Accounting fees
$8,581
Occupancy
$124,980
Depreciation
$37,318

Balance sheet and other

Total assets, start of year
$1,170,580
Total assets, end of year
$1,122,101
Total liabilities, end of year
$556,386
Net assets, end of year
$565,715
Land, buildings and equipment
$804,481
Gross unrelated business income
$6,006
Gross receipts
$897,500
Employees
22
Year formed
1971
State of legal domicile
OR

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
INYONG KIMMEMBER AT LA
Trustee or director
–$0
TORI MILBURNMEMBER AT LA
Trustee or director
–$0
DEB PENCEMEMBER AT LA
Trustee or director
–$0
DALE RUSSELLMEMBER AT LA
Trustee or director
–$0
VICTORIA WOLFFMEMBER AT LA
Trustee or director
–$0
JODI ELLIOTPRESIDENT
Officer
–$0
MARK KAENELTREASURER
Officer
–$0
OTIS KIMZEYVICE PRESIDE
Officer
–$0
CAITLIN SULLIVANSECRETARY
Officer
–$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
VICTORIA WOLFFPRESIDENT
Trustee or director
4$0
HAIZHONG WANGMEMBER AT LARGE
Trustee or director
3$0
CLAYTON HAVENSMEMBER AT LARGE
Trustee or director
3$0
LISA ADAMCZYKVICE PRESIDENT
Trustee or director
3$0
REBECCA YUMEMBER AT LARGE
Trustee or director
3$0
CAITLIN SULLIVANMEMBER AT LARGE
Trustee or director
3$0
MARK KAENELTREASURER
Officer
4$0
MARSHA FELDMANSECRETARY
Officer
3$0
ROBERT LIPSCOMBGENERAL MANAGER
Key employee
40$0

Address and contacts

Address (IRS master file)
2775 NW 29TH ST, CORVALLIS, OR 97330-3514
Principal officer (990 for 2024)
MARK KAENEL, 2009 NW WOODLAND DRIVE, CORVALLIS, OR 97330
Signed the 990
MARK KAENEL, TREASURER
Phone
(541) 753-1043
Return prepared by
HENDRICK & KELLISON LLC

Mission

TIMBERHILL TENNIS CLUB IS A MEMBER-OWNED CLUB WHOSE MISSION IS TO PROVIDE OUR MEMBERS WITH A SUPERIOR TENNIS FACILITY AND TO MAINTAIN A WELCOMING AND FRIENDLY COMMUNITY FOR THE ENJOYMENT OF SOCIAL AND COMPETITIVE TENNIS.

990 for the year ended June 30, 2025

Program accomplishments

  • TIMBERHILL TENNIS CLUB IS A MEMBER-OWNED CLUB WHOSE MISSION IS TO PROVIDE OUR MEMBERS WITH A SUPERIOR TENNIS FACILITY AND TO MAINTAIN A WELCOMING AND FRIENDLY COMMUNITY OF THE ENJOYMENT OF SOCIAL AND COMPETITIVE TENNIS.
  • TIMBERHILL TENNIS CLUB IS A MEMBER-OWNED CLUB WHOSE MISSION IS TO PROVIDEOUR MEMBERS WITH A SUPERIOR TENNIS FACILITY AND TO MAINTAIN A WELCOMING AND FRIENDLY COMMUNITY OF THE ENJOYMENT OF SOCIAL AND COMPETITIVE TENNIS.

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

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
93-0603023
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1972
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,122,101
Income (IRS master file)
$897,500

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$897,500$897,852$1,122,101XML
990June 2024$827,595$844,383$1,170,580XML
990June 2023$800,195$753,061$1,185,786IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS
990June 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 93-0603023).

Questions about TIMBERHILL RACQUET CLUB INC

What is the EIN of TIMBERHILL RACQUET CLUB INC?
The employer identification number (EIN) of TIMBERHILL RACQUET CLUB INC is 93-0603023.
Is TIMBERHILL RACQUET CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1972.
Are donations to TIMBERHILL RACQUET CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TIMBERHILL 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 TIMBERHILL RACQUET CLUB INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TIMBERHILL RACQUET CLUB INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of TIMBERHILL RACQUET CLUB INC?
The 990 for the year ended June 30, 2025 names MARK KAENEL.
Who are the officers and directors of TIMBERHILL RACQUET CLUB INC?
The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does TIMBERHILL RACQUET CLUB INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $897,500, expenses of $897,852 and total assets of $1,122,101 at year end.

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