Vor Club Corporation

Organization Overview

Vor Club Corporation, operating under the name Raintree Country Club, is located in Charlotte, NC. The organization was established in 2000. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 03/2022, Raintree Country Club employed 229 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Raintree Country Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 03/2022, Raintree Country Club generated $7.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $6.9m during the year ending 03/2022. While expenses have increased by 0.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PRIVATE CLUB THAT OFFERS RECREATIONAL FACILITIES AND SOCIAL ACTIVITIES FOR ITS MEMBERS AND THEIR GUESTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RAINTREE COUNTRY CLUB PROVIDES FOOD AND BEVERAGES FOR ITS MEMBERS. TOTAL FOOD AND BEVERAGE SALES FOR THE YEAR ENDED 3/31/22 WAS $1,652,828 OF WHICH $62,708 WAS NON-MEMBER RELATED.


APPROXIMATELY 77,802 ROUNDS OF GOLF WERE PLAYED FOR THE YEAR ENDED 3/31/22. ALL ROUNDS, WITH THE EXCEPTION OF 3,613, WERE MEMBER RELATED.


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Board, Officers & Key Employees

Name (title)Compensation
Jim Troutman
General Manager
$184,519
Brad Fellrath
Course Superintendent
$159,633
Melissa Rodgers
Controller
$77,632
Larry Witham
Secretary
$0
Laura Sullivan
Vice President
$0
Jay Herring
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$6,401,886
Investment income $444
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $5,200
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,047,910
Miscellaneous Revenue$0
Total Revenue $7,496,900

Peer Organizations

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